HomeMarketCap.com

ZIP 98125 Seattle, WA Housing Market

City
Seattle
County
King County
State
WA
Metro area
Seattle-Tacoma-Bellevue, WA

98125Seattle area

Price, Rent & Competition

$810,550

$1,867

49 index

119

Supply & Market Activity

40

32

31.55%

39 days

Area profile & market context

Population

44,520

Population density

3,168 / sq mi

Latest market movement

Home value (MoM)

-0.42%

Inventory (MoM)

-2.46%

Buyer competition (MoM)

-5.77%

New listings (MoM)

-11.11%

Homes Pending (MoM)

-8.57%

Price cuts share (MoM)

+2.47%

Typical rent (YoY)

-1.13%

How quickly homes are selling

Selling slower

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

This summary combines homes going pending and sale speed (days to pending). 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: 32 · MoM: -8.57% · YoY: -5.88%

  • Sale speed (days to pending)

    Value: 39 · MoM: 34.48% · YoY: -

Other local market activity

  • New listings

    Value: 40 · MoM: -11.11% · YoY: -27.27%

  • Homes for sale

    Value: 119 · MoM: -2.46% · YoY: -10.53%

  • Buyer competition

    Value: 49 · MoM: -5.77% · YoY: 0.00%

  • Price cuts share

    Value: 31.55% · MoM: 2.47% · YoY: 7.10%

  • Home sales activity (metro)

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

ZIP 98125 covers residential neighborhoods in Seattle, located within King County, WA, part of the broader Seattle housing market. The typical home value in ZIP 98125 in the Seattle housing market is $810,550, with a typical rent of $1,867 per month. That puts the local home-value-to-annual-rent ratio at 36.2.

Key stats

  • ZIP 98125 is around the 48th percentile of tracked local ZIPs for home value.
  • ZIP 98125 is around the 33rd percentile of tracked local ZIPs for buyer competition.
  • The market-level home-value-to-annual-rent ratio is 36.2.
  • 80 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
$810,550
Typical rent
$1,867
Homes for sale
119
Buyer competition
49
New listings
40
Homes going pending
32
Listings with price cuts
31.6%
Typical home value — past 12 months
Sep 25Jul 26
Down 2.3% over 11 months
Typical home value down 2.3% over the last 11 months in ZIP 98125.
Typical rent — past 12 months
Sep 25Jul 26
Up 0.3% over 11 months
Typical rent up 0.3% over the last 11 months in ZIP 98125.
Homes for sale — past 12 months
Sep 25Jul 26
Up 1.7% over 11 months
Homes for sale up 1.7% over the last 11 months in ZIP 98125.
New listings — past 12 months
Sep 25Jul 26
Up 11.1% over 11 months
New listings up 11.1% over the last 11 months in ZIP 98125.
Homes going pending — past 12 months
Sep 25Jul 26
Down 8.6% over 11 months
Homes going pending down 8.6% over the last 11 months in ZIP 98125.
Buyer competition index — past 12 months
Sep 25Jul 26
Up 4.3% over 11 months
Buyer competition index up 4.3% over the last 11 months in ZIP 98125.
Listings with price cuts — past 12 months
Sep 25Jul 26
Up 7.9% over 11 months
Listings with price cuts up 7.9% over the last 11 months in ZIP 98125.

Price and rent in ZIP 98125

ZIP 98125 is around the 48th percentile of tracked local ZIPs for home value. ZIP 98125 is among the lowest of tracked local ZIPs for rent.

ZIP 98125 home value & rent trend (past 12 months)

Typical home value fell 2.3% over the last 11 months, from $829,463 to $810,550. It rose in 4 of 10 monthly readings. The largest monthly gain was +0.4% in November 2025.

Typical rent rose 0.3% over the last 11 months, from $1,862 to $1,867. It rose in 6 of 10 monthly readings. The largest monthly gain was +0.8% in November 2025.

How ZIP 98125 compares to Seattle

ZIP 98125's typical rent is 18.1% below the Seattle median of $2,279. ZIP 98125's buyer competition is 7.5% below the Seattle median of 53.

How fast homes sell in ZIP 98125

Homes in ZIP 98125 typically go pending in about 39 days — about 18% slower than the metro median of 33 days.

Supply, pending activity, and competition

ZIP 98125 is around the 52nd percentile of tracked local ZIPs for for-sale inventory. ZIP 98125 is around the 33rd percentile of tracked local ZIPs for buyer competition. 80 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 11 readings on record, inventory moved between 67 and 122 — a 55-point spread across 21 comparable tracked ZIPs.

Nearby markets worth comparing

Relevant nearby ZIP pages include 98115, 98103, 98105, 98117.

Continue your market research

Sources and method

Figures are updated monthly under our editorial policy. Spotted something wrong? Report a correction.

Explore ZIP Pages in Seattle

ZIP codes at a similar price in other cities

Typical home value within reach of ZIP 98125, in the other tracked markets.