HomeMarketCap.com

ZIP 98136 Seattle, WA Housing Market

98136Seattle area

Price, Rent & Competition

$935,925

$2,368

56 index

60

Supply & Market Activity

24

20

26.60%

Area profile & market context

Population

17,252

Population density

2,903 / sq mi

Latest market movement

Home value (MoM)

-0.06%

Inventory (MoM)

-4.76%

Buyer competition (MoM)

-18.84%

New listings (MoM)

-17.24%

Homes Pending (MoM)

-23.08%

Price cuts share (MoM)

+4.16%

Typical rent (YoY)

+4.71%

How quickly homes are selling

Selling slower

Homes appear to be going under contract more slowly in this ZIP.

This summary uses one direct sale-speed signal for this ZIP. Supporting ZIP and metro context is shown separately.

Sale-speed figures and broader market activity are shown separately. Missing sale-speed values are not estimated.

Sale-speed measures for this ZIP

  • Homes going pending

    Value: 20 · MoM: -23.08% · YoY: -13.04%

Other local market activity

  • New listings

    Value: 24 · MoM: -17.24% · YoY: -

  • Homes for sale

    Value: 60 · MoM: -4.76% · YoY: -3.23%

  • Buyer competition

    Value: 56 · MoM: -18.84% · YoY: -8.20%

  • Price cuts share

    Value: 26.60% · MoM: 4.16% · YoY: 14.57%

  • Home sales activity (metro)

    Value: 4,054 · MoM: -7.42% · YoY: -5.55%

ZIP 98136 covers residential neighborhoods in Seattle, located within King County, WA, part of the broader Seattle housing market. The typical home value in ZIP 98136 in the Seattle housing market is $935,925, with a typical rent of $2,368 per month. That puts the local home-value-to-annual-rent ratio at 32.9.

Key stats

  • ZIP 98136 is around the 67th percentile of tracked local ZIPs for home value.
  • ZIP 98136 is around the 57th percentile of tracked local ZIPs for buyer competition.
  • The market-level home-value-to-annual-rent ratio is 32.9.
  • 83 homes went pending for every 100 new listings in the current reading.
  • Supply and buyer competition did not produce a clear easing or tightening split.
Typical home value
$935,925
Typical rent
$2,368
Homes for sale
60
Buyer competition
56
New listings
24
Homes going pending
20
Listings with price cuts
26.6%
Typical home value — past 12 months
Aug 25Jul 26
Down 0.6% over 12 months
Typical home value down 0.6% over the last 12 months in ZIP 98136.
Typical rent — past 12 months
Aug 25Jul 26
Up 5.2% over 12 months
Typical rent up 5.2% over the last 12 months in ZIP 98136.
Homes for sale — past 12 months
Aug 25Jul 26
Up 7.1% over 12 months
Homes for sale up 7.1% over the last 12 months in ZIP 98136.
New listings — past 12 months
Jan 26Jul 26
Up 242.9% over 7 months
New listings up 242.9% over the last 7 months in ZIP 98136.
Homes going pending — past 12 months
Aug 25Jul 26
Up 11.1% over 12 months
Homes going pending up 11.1% over the last 12 months in ZIP 98136.
Buyer competition index — past 12 months
Aug 25Jul 26
Down 13.8% over 12 months
Buyer competition index down 13.8% over the last 12 months in ZIP 98136.
Listings with price cuts — past 12 months
Aug 25Jul 26
Up 33.1% over 12 months
Listings with price cuts up 33.1% over the last 12 months in ZIP 98136.

Price and rent in ZIP 98136

ZIP 98136 is around the 67th percentile of tracked local ZIPs for home value. ZIP 98136 is around the 71st percentile of tracked local ZIPs for rent.

ZIP 98136 home value & rent trend (past 12 months)

Typical home value fell 0.6% over the past 12 months, from $941,160 to $935,925. It rose in 5 of 11 monthly readings. The largest monthly gain was +0.5% in January 2026.

Typical rent rose 5.2% over the past 12 months, from $2,250 to $2,368. It rose in 6 of 11 monthly readings. The largest monthly gain was +2.4% in March 2026.

How ZIP 98136 compares to the metro

ZIP 98136's typical home value is 14.7% above the metro median of $815,787. ZIP 98136's typical rent is 3.9% above the metro median of $2,279. ZIP 98136's buyer competition is 5.7% above the metro median of 53.

Supply, pending activity, and competition

ZIP 98136 is around the 5th percentile of tracked local ZIPs for for-sale inventory. ZIP 98136 is around the 57th percentile of tracked local ZIPs for buyer competition. 83 homes went pending for every 100 new listings in the current reading. Supply and buyer competition did not produce a clear easing or tightening split. Over the 12 readings on record, inventory moved between 24 and 63 — a 39-point spread across 21 comparable tracked ZIPs.

Nearby markets worth comparing

Relevant nearby ZIP pages include 98126, 98106, 98116, 98146.

Continue your market research

98136 Housing Market Overview FAQ

What is the typical home value in ZIP 98136?

The typical home value in ZIP 98136 is $935,925 in the latest monthly reading.

What is the typical rent in ZIP 98136?

Typical rent in ZIP 98136 is $2,368 per month.

What is the home-value-to-rent ratio in ZIP 98136?

ZIP 98136 has a home-value-to-annual-rent ratio of 32.9.

Sources and method

Explore ZIP Pages in Seattle Metro