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Seattle ZIP Comparison: 98108 vs 98118

Begin with the individual housing-market profiles for ZIP 98108 and ZIP 98118, then use the shared measures below to compare them consistently.

MeasureZIP 98108ZIP 98118
Typical home value$689,557$734,729
Typical rent$2,316$2,007
Homes for sale66135
Buyer competition7366
New listings2547
Homes going pending1637
Listings with price cuts30.1%31.7%

ZIP 98118 has 6.1% higher typical home value than ZIP 98108. ZIP 98108 has 15.4% higher typical rent than ZIP 98118.

Key stats

  • ZIP 98118 has 6.1% higher typical home value than ZIP 98108.
  • ZIP 98108 has 15.4% higher typical rent than ZIP 98118.
  • ZIP 98118 has 51.1% higher for-sale inventory than ZIP 98108.
  • ZIP 98108 has 10.6% higher buyer competition than ZIP 98118.
  • The home-value-to-annual-rent ratio ranges from 24.8 in ZIP 98108 to 30.5 in ZIP 98118.
typical home value delta
ZIP 98118 has 6.1% higher typical home value than ZIP 98108.
typical rent delta
ZIP 98108 has 15.4% higher typical rent than ZIP 98118.
homes for sale delta
ZIP 98118 has 51.1% higher for-sale inventory than ZIP 98108.
buyer competition delta
ZIP 98108 has 10.6% higher buyer competition than ZIP 98118.

The largest measurable differences

ZIP 98118 has 6.1% higher typical home value than ZIP 98108. ZIP 98108 has 15.4% higher typical rent than ZIP 98118. ZIP 98118 has 51.1% higher for-sale inventory than ZIP 98108.

Price and rent differences

ZIP 98118 has 6.1% higher typical home value than ZIP 98108. ZIP 98108 has 15.4% higher typical rent than ZIP 98118.

The home-value-to-annual-rent ratio ranges from 24.8 in ZIP 98108 to 30.5 in ZIP 98118.

Supply and buyer pressure

ZIP 98118 has 51.1% higher for-sale inventory than ZIP 98108. ZIP 98108 has 10.6% higher buyer competition than ZIP 98118.

Pending homes per 100 new listings range from 64 in ZIP 98108 to 79 in ZIP 98118.

Continue your market research

Sources and method

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