98109 — King County, Washington Market Snapshot
Housing market data for zip code 98109 in King County, Washington. Updated monthly with median prices, days on market, and more.
Market Sales Data
30 sales in 2026 (year to date)
Median Sale Price
$438,650
Days to Sell
33
Homes Sold
30
Inventory
70
Sale-to-List
98.3%
New Listings
81
Price/SqFt
$539
Pending Sales
35
Conforming Loan Available
Most homebuyers in 98109 can comfortably use conventional financing. The median home price of $438,650 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
98109's market is balanced with homes taking an average of 33 days to sell. Buyers have some negotiating room without the pressure of bidding wars.
Sale-to-List Ratio
Homes are selling very close to asking price in 98109 (98.3% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 98109 can comfortably use conventional financing. The median home price of $438,650 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 98109 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 98109
To purchase the median home at $438,650 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $3,511.
Monthly Payment
$3,511
Income Required
$150,463
Principal & Interest
$2,703/mo
Down Payment (5%)
$21,933
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 98109.
Estimated Monthly Payment
$2,865
Connect with a LoanGraphs Loan Officer
Get expert guidance for zip code 98109. Tell us what you're looking for.