98059 — King County, Washington Market Snapshot

Housing market data for zip code 98059 in King County, Washington. Updated monthly with median prices, days on market, and more.

Data as of May 2026

Limited Sales Data

Only 7 homes sold in this ZIP code during the selected period. Statistics may not be representative. See the King County county page for broader data.

Market Sales Data

7 sales in 2026 (year to date)

Source: Redfin

Median Sale Price

$339,900

-49.7% YoYClosed sales

Days to Sell

47

Median, listing to close

Homes Sold

7

Closed in 2026

Inventory

13

Conforming Loan Available

Most homebuyers in 98059 can comfortably use conventional financing. The median home price of $339,900 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

98059's market is balanced with homes taking an average of 47 days to sell. Buyers have some negotiating room without the pressure of bidding wars.

Conforming Loan Feasibility

Most homebuyers in 98059 can comfortably use conventional financing. The median home price of $339,900 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 98059 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 98059

To purchase the median home at $339,900 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,754.

Monthly Payment

$2,754

Income Required

$118,038

Principal & Interest

$2,094/mo

Down Payment (5%)

$16,995

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 98059.

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Estimated Monthly Payment

$2,254

Principal & Interest$1,764
Property Tax$340
Insurance$150
Loan Amount$271,920
Total Interest$363,001
Income Required$96,582/yr

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