98051 — King County, Washington Market Snapshot
Housing market data for zip code 98051 in King County, Washington. Updated monthly with median prices, days on market, and more.
Market Sales Data
16 sales in 2026 (year to date)
Median Sale Price
$937,500
Days to Sell
26
Homes Sold
16
Inventory
26
Sale-to-List
99.5%
New Listings
33
Price/SqFt
$411
Pending Sales
17
Conforming Loan Available
The median home in 98051 at $937,500 falls within the 2026 conforming loan limit of $1,063,750, but buyers putting less than 5% down may need jumbo financing. This makes down payment strategy especially important in this market.
Market Insights
Market Temperature
Homes in 98051 are moving quickly at 26 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 98051 (99.5% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
The median home in 98051 at $937,500 falls within the 2026 conforming loan limit of $1,063,750, but buyers putting less than 5% down may need jumbo financing. This makes down payment strategy especially important in this market.
Loan limits in 98051 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 98051
To purchase the median home at $937,500 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $7,333.
Monthly Payment
$7,333
Income Required
$314,264
Principal & Interest
$5,777/mo
Down Payment (5%)
$46,875
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 98051.
Estimated Monthly Payment
$5,952
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