98045 — King County, Washington Market Snapshot
Housing market data for zip code 98045 in King County, Washington. Updated monthly with median prices, days on market, and more.
Market Sales Data
64 sales in 2026 (year to date)
Median Sale Price
$1,293,500
Days to Sell
10
Homes Sold
64
Inventory
35
Sale-to-List
99.9%
New Listings
92
Price/SqFt
$500
Pending Sales
77
Jumbo Loan Likely Needed
The median home in 98045 at $1,293,500 exceeds the 2026 conforming loan limit of $1,063,750 by $229,750. Most buyers here will need jumbo loans, which typically require higher credit scores, larger down payments, and come with different rate pricing.
Market Insights
Market Temperature
98045 is an extremely competitive market with homes selling in just 10 days on average. Buyers need pre-approval letters ready before making offers.
Sale-to-List Ratio
Homes are selling very close to asking price in 98045 (99.9% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
The median home in 98045 at $1,293,500 exceeds the 2026 conforming loan limit of $1,063,750 by $229,750. Most buyers here will need jumbo loans, which typically require higher credit scores, larger down payments, and come with different rate pricing.
Loan limits in 98045 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 98045
To purchase the median home at $1,293,500 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $10,060.
Monthly Payment
$10,060
Income Required
$431,160
Principal & Interest
$7,970/mo
Down Payment (5%)
$64,675
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 98045.
Estimated Monthly Payment
$8,155
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