98103 — King County, Washington Market Snapshot
Housing market data for zip code 98103 in King County, Washington. Updated monthly with median prices, days on market, and more.
Market Sales Data
209 sales in 2026 (year to date)
Median Sale Price
$987,000
Days to Sell
8
Homes Sold
209
Inventory
175
Sale-to-List
101.7%
New Listings
326
Price/SqFt
$632
Pending Sales
217
Conforming Loan Available
The median home in 98103 at $987,000 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
98103 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 98103 (101.7% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
The median home in 98103 at $987,000 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 98103 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 98103
To purchase the median home at $987,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $7,712.
Monthly Payment
$7,712
Income Required
$330,518
Principal & Interest
$6,082/mo
Down Payment (5%)
$49,350
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 98103.
Estimated Monthly Payment
$6,258
Connect with a LoanGraphs Loan Officer
Get expert guidance for zip code 98103. Tell us what you're looking for.