98115 — King County, Washington Market Snapshot
Housing market data for zip code 98115 in King County, Washington. Updated monthly with median prices, days on market, and more.
Market Sales Data
146 sales in 2026 (year to date)
Median Sale Price
$1,278,250
Days to Sell
6
Homes Sold
146
Inventory
61
Sale-to-List
103.2%
New Listings
199
Price/SqFt
$608
Pending Sales
155
Jumbo Loan Likely Needed
The median home in 98115 at $1,278,250 exceeds the 2026 conforming loan limit of $1,063,750 by $214,500. Most buyers here will need jumbo loans, which typically require higher credit scores, larger down payments, and come with different rate pricing.
Market Insights
Market Temperature
98115 is an extremely competitive market with homes selling in just 6 days on average. Buyers need pre-approval letters ready before making offers.
Sale-to-List Ratio
Homes in 98115 are selling 3.2% above asking price on average, signaling strong competition. Buyers should budget above list price.
Conforming Loan Feasibility
The median home in 98115 at $1,278,250 exceeds the 2026 conforming loan limit of $1,063,750 by $214,500. Most buyers here will need jumbo loans, which typically require higher credit scores, larger down payments, and come with different rate pricing.
Loan limits in 98115 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 98115
To purchase the median home at $1,278,250 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $9,944.
Monthly Payment
$9,944
Income Required
$426,152
Principal & Interest
$7,876/mo
Down Payment (5%)
$63,913
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 98115.
Estimated Monthly Payment
$8,061
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