98022 — King County, Washington Market Snapshot
Housing market data for zip code 98022 in King County, Washington. Updated monthly with median prices, days on market, and more.
Market Sales Data
80 sales in 2026 (year to date)
Median Sale Price
$639,400
Days to Sell
14
Homes Sold
80
Inventory
77
Sale-to-List
99.5%
New Listings
121
Price/SqFt
$372
Pending Sales
93
Conforming Loan Available
Most homebuyers in 98022 can comfortably use conventional financing. The median home price of $639,400 is well below the 2026 conforming loan limit of $1,063,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
Homes in 98022 are moving quickly at 14 days on market, indicating healthy buyer demand. Well-priced homes are likely seeing multiple offers.
Sale-to-List Ratio
Homes are selling very close to asking price in 98022 (99.5% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 98022 can comfortably use conventional financing. The median home price of $639,400 is well below the 2026 conforming loan limit of $1,063,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 98022 are set at the county level.
2026 Loan Limits — King County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $1,063,750 | $1,063,750 |
| 2 Units | $1,361,800 | $1,361,800 |
| 3 Units | $1,646,100 | $1,646,100 |
| 4 Units | $2,045,700 | $2,045,700 |
Affordability Snapshot — Zip 98022
To purchase the median home at $639,400 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $5,049.
Monthly Payment
$5,049
Income Required
$216,381
Principal & Interest
$3,940/mo
Down Payment (5%)
$31,970
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 98022.
Estimated Monthly Payment
$4,107
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