98034 — King County, Washington Market Snapshot
Housing market data for zip code 98034 in King County, Washington. Updated monthly with median prices, days on market, and more.
Market Sales Data
46 sales in 2026 (year to date)
Median Sale Price
$437,500
Days to Sell
31
Homes Sold
46
Inventory
62
Sale-to-List
98.2%
New Listings
72
Price/SqFt
$420
Pending Sales
42
Conforming Loan Available
Most homebuyers in 98034 can comfortably use conventional financing. The median home price of $437,500 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
98034's market is balanced with homes taking an average of 31 days to sell. Buyers have some negotiating room without the pressure of bidding wars.
Sale-to-List Ratio
Homes are selling very close to asking price in 98034 (98.2% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 98034 can comfortably use conventional financing. The median home price of $437,500 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 98034 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 98034
To purchase the median home at $437,500 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $3,502.
Monthly Payment
$3,502
Income Required
$150,085
Principal & Interest
$2,696/mo
Down Payment (5%)
$21,875
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 98034.
Estimated Monthly Payment
$2,858
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