HomeMarketCap.com

ZIP 98136 Seattle, WA Housing Market

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

Price, Rent & Competition

$920,584

$2,343

62 index

56

Supply & Market Activity

20

17

23.95%

Area profile & market context

Population

17,252

Population density

2,903 / sq mi

Latest market movement

Home value (MoM)

+0.14%

Inventory (MoM)

-6.67%

Buyer competition (MoM)

+5.08%

New listings (MoM)

-16.67%

Homes Pending (MoM)

-15.00%

Price cuts share (MoM)

-9.99%

Typical rent (YoY)

+2.98%

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: 17 · MoM: -15.00% · YoY: -5.56%

Other local market activity

  • New listings

    Value: 20 · MoM: -16.67% · YoY: -

  • Homes for sale

    Value: 56 · MoM: -6.67% · YoY: 0.00%

  • Buyer competition

    Value: 62 · MoM: 5.08% · YoY: -4.62%

  • Price cuts share

    Value: 23.95% · MoM: -9.99% · YoY: 19.86%

  • Home sales activity (metro)

    Value: 3,592 · MoM: -11.51% · YoY: -8.32%

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 $920,584, with a typical rent of $2,343 per month. That puts the local home-value-to-annual-rent ratio at 32.7.

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 32.7.
  • 85 homes went pending for every 100 new listings in the current reading.
  • Supply contracted while buyer competition strengthened.
Typical home value
$920,584
Typical rent
$2,343
Homes for sale
56
Buyer competition
62
New listings
20
Homes going pending
17
Listings with price cuts
23.9%
Typical home value — past 12 months
Sep 25 – Aug 26
Down 0.4% over 12 months
Typical home value down 0.4% over the last 12 months in ZIP 98136.
Typical rent — past 12 months
Sep 25 – Aug 26
Up 3.8% over 12 months
Typical rent up 3.8% over the last 12 months in ZIP 98136.
Homes for sale — past 12 months
Sep 25 – Aug 26
Down 3.4% over 12 months
Homes for sale down 3.4% over the last 12 months in ZIP 98136.
New listings — past 12 months
Jan 26 – Aug 26
Up 185.7% over 8 months
New listings up 185.7% over the last 8 months in ZIP 98136.
Homes going pending — past 12 months
Sep 25 – Aug 26
Down 15.0% over 12 months
Homes going pending down 15.0% over the last 12 months in ZIP 98136.
Buyer competition index — past 12 months
Sep 25 – Aug 26
Up 17.0% over 12 months
Buyer competition index up 17.0% over the last 12 months in ZIP 98136.
Listings with price cuts — past 12 months
Sep 25 – Aug 26
Up 24.7% over 12 months
Listings with price cuts up 24.7% 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 67th percentile of tracked local ZIPs for rent.

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

Typical home value fell 0.4% over the past 12 months, from $924,173 to $920,584. It rose in 6 of 11 monthly readings. The largest monthly gain was +0.5% in January 2026.

Typical rent rose 3.8% over the past 12 months, from $2,257 to $2,343. It rose in 6 of 11 monthly readings. The largest monthly gain was +2.4% in January 2026.

How ZIP 98136 compares to Seattle

ZIP 98136's typical home value is 15.3% above the Seattle median of $798,214. ZIP 98136's typical rent is 2.4% above the Seattle median of $2,290. ZIP 98136's buyer competition is 1.6% above the Seattle median of 61.

Supply, pending activity, and competition

ZIP 98136 is among the lowest of tracked local ZIPs for for-sale inventory. ZIP 98136 is around the 57th percentile of tracked local ZIPs for buyer competition. 85 homes went pending for every 100 new listings in the current reading. Supply contracted while buyer competition strengthened. 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, 98108.

Continue your market research

Sources and method

Figures are updated monthly by the HomeMarketCap.com team 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 98136, in the other tracked markets.