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Seattle ZIP Comparison: 98108 vs 98116

Begin with the individual housing-market profiles for ZIP 98108 and ZIP 98116, then use the shared measures below to compare them consistently.

MeasureZIP 98108ZIP 98116
Typical home value$689,557$1,000,929
Typical rent$2,316$2,364
Homes for sale6694
Buyer competition7365
New listings2538
Homes going pending1630
Listings with price cuts30.1%29.1%

ZIP 98116 has 31.1% higher typical home value than ZIP 98108. ZIP 98116 has 2.0% higher typical rent than ZIP 98108.

Key stats

  • ZIP 98116 has 31.1% higher typical home value than ZIP 98108.
  • ZIP 98116 has 2.0% higher typical rent than ZIP 98108.
  • ZIP 98116 has 29.8% higher for-sale inventory than ZIP 98108.
  • ZIP 98108 has 12.3% higher buyer competition than ZIP 98116.
  • The home-value-to-annual-rent ratio ranges from 24.8 in ZIP 98108 to 35.3 in ZIP 98116.
typical home value delta
ZIP 98116 has 31.1% higher typical home value than ZIP 98108.
typical rent delta
ZIP 98116 has 2.0% higher typical rent than ZIP 98108.
homes for sale delta
ZIP 98116 has 29.8% higher for-sale inventory than ZIP 98108.
buyer competition delta
ZIP 98108 has 12.3% higher buyer competition than ZIP 98116.

The largest measurable differences

ZIP 98116 has 31.1% higher typical home value than ZIP 98108. ZIP 98116 has 2.0% higher typical rent than ZIP 98108. ZIP 98116 has 29.8% higher for-sale inventory than ZIP 98108.

Price and rent differences

ZIP 98116 has 31.1% higher typical home value than ZIP 98108. ZIP 98116 has 2.0% higher typical rent than ZIP 98108.

The home-value-to-annual-rent ratio ranges from 24.8 in ZIP 98108 to 35.3 in ZIP 98116.

Supply and buyer pressure

ZIP 98116 has 29.8% higher for-sale inventory than ZIP 98108. ZIP 98108 has 12.3% higher buyer competition than ZIP 98116.

Pending homes per 100 new listings range from 64 in ZIP 98108 to 79 in ZIP 98116.

Continue your market research

Sources and method

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