98112 — King County, Washington Market Snapshot
Housing market data for zip code 98112 in King County, Washington. Updated monthly with median prices, days on market, and more.
Market Sales Data
10 sales in 2026 (year to date)
Median Sale Price
$982,500
Days to Sell
32
Homes Sold
10
Inventory
8
Sale-to-List
98.2%
New Listings
12
Price/SqFt
$583
Pending Sales
10
Conforming Loan Available
The median home in 98112 at $982,500 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
98112's market is balanced with homes taking an average of 32 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 98112 (98.2% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
The median home in 98112 at $982,500 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 98112 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 98112
To purchase the median home at $982,500 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $7,678.
Monthly Payment
$7,678
Income Required
$329,040
Principal & Interest
$6,054/mo
Down Payment (5%)
$49,125
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 98112.
Estimated Monthly Payment
$6,230
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