98070 — King County, Washington Market Snapshot

Housing market data for zip code 98070 in King County, Washington. Updated monthly with median prices, days on market, and more.

Data as of May 2026

Market Sales Data

47 sales in 2026 (year to date)

Source: Redfin

Median Sale Price

$949,000

9.1% YoYClosed sales

Days to Sell

8

Median, listing to close

Homes Sold

47

Closed in 2026

Inventory

35

Sale-to-List

101.9%

New Listings

75

Price/SqFt

$497

Pending Sales

53

Conforming Loan Available

The median home in 98070 at $949,000 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

98070 is an extremely competitive market with homes selling in just 8 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 98070 (101.9% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.

Conforming Loan Feasibility

The median home in 98070 at $949,000 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 98070 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 98070

To purchase the median home at $949,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $7,421.

Monthly Payment

$7,421

Income Required

$318,040

Principal & Interest

$5,847/mo

Down Payment (5%)

$47,450

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 98070.

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Estimated Monthly Payment

$6,023

Principal & Interest$4,924
Property Tax$949
Insurance$150
Loan Amount$759,200
Total Interest$1,013,498
Income Required$258,135/yr

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