ZIP 98102 covers residential neighborhoods in Seattle, located within King County, WA, part of the broader Seattle housing market. The typical home value in ZIP 98102 in the Seattle housing market is $759,249, with a typical rent of $2,064 per month. That puts the local home-value-to-annual-rent ratio at 30.7.
Key stats
- ZIP 98102 is around the 33rd percentile of tracked local ZIPs for home value.
- ZIP 98102 is around the 43rd percentile of tracked local ZIPs for buyer competition.
- The market-level home-value-to-annual-rent ratio is 30.7.
- 58 homes went pending for every 100 new listings in the current reading.
- Supply increased while buyer competition eased.
- Typical home value
- $759,249
- Typical rent
- $2,064
- Homes for sale
- 123
- Buyer competition
- 52
- New listings
- 38
- Homes going pending
- 22
- Listings with price cuts
- 23.9%
Price and rent in ZIP 98102
ZIP 98102 is around the 33rd percentile of tracked local ZIPs for home value. ZIP 98102 is around the 19th percentile of tracked local ZIPs for rent.
ZIP 98102 home value & rent trend (past 12 months)
Typical home value fell 2.6% over the past 12 months, from $779,245 to $759,249. It rose in 2 of 11 monthly readings. The largest monthly gain was +0.1% in October 2025.
Typical rent rose 0.2% over the past 12 months, from $2,060 to $2,064. It rose in 6 of 11 monthly readings. The largest monthly gain was +1.2% in March 2026.
How ZIP 98102 compares to the metro
ZIP 98102's typical home value is 6.9% below the metro median of $815,787. ZIP 98102's typical rent is 9.4% below the metro median of $2,279. ZIP 98102's buyer competition is 1.9% below the metro median of 53.
Supply, pending activity, and competition
ZIP 98102 is around the 57th percentile of tracked local ZIPs for for-sale inventory. ZIP 98102 is around the 43rd percentile of tracked local ZIPs for buyer competition. 58 homes went pending for every 100 new listings in the current reading. Supply increased while buyer competition eased. Over the 12 readings on record, inventory moved between 61 and 123 — a 62-point spread across 21 comparable tracked ZIPs.
Nearby markets worth comparing
Relevant nearby ZIP pages include 98112, 98109, 98195, 98122.
Continue your market research
- Is Seattle Housing Market Cooling?Read the related local market analysis.
- Is Seattle a Buyer's Market?Read the related local market analysis.
- Compare 98102 vs 98101Compare this market with another tracked ZIP or peer group.
- Compare 98102 vs 98103Compare this market with another tracked ZIP or peer group.
- Compare 98102 vs top 5 ZIPsCompare this market with another tracked ZIP or peer group.
- ZIP 98112 housing marketReview a nearby local market with the same core measures.
- ZIP 98109 housing marketReview a nearby local market with the same core measures.
- ZIP 98195 housing marketReview a nearby local market with the same core measures.
- Seattle Metro housing market overviewReturn to the broader parent market.
98102 Housing Market Overview FAQ
What is the typical home value in ZIP 98102?
The typical home value in ZIP 98102 is $759,249 in the latest monthly reading.
What is the typical rent in ZIP 98102?
Typical rent in ZIP 98102 is $2,064 per month.
What is the home-value-to-rent ratio in ZIP 98102?
ZIP 98102 has a home-value-to-annual-rent ratio of 30.7.
Sources and method
- HomeMarketCap.com data sources: home value, rent, inventory, and market activity datasets
- HomeMarketCap.com methodology: definitions and calculation rules