98020 — Snohomish County, Washington Market Snapshot
Housing market data for zip code 98020 in Snohomish County, Washington. Updated monthly with median prices, days on market, and more.
Market Sales Data
62 sales in 2026 (year to date)
Median Sale Price
$1,372,500
Days to Sell
8
Homes Sold
62
Inventory
34
Sale-to-List
101.8%
New Listings
82
Price/SqFt
$641
Pending Sales
67
Jumbo Loan Likely Needed
The median home in 98020 at $1,372,500 exceeds the 2026 conforming loan limit of $1,063,750 by $308,750. 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
98020 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 98020 (101.8% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
The median home in 98020 at $1,372,500 exceeds the 2026 conforming loan limit of $1,063,750 by $308,750. 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 98020 are set at the county level.
2026 Loan Limits — Snohomish 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 98020
To purchase the median home at $1,372,500 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $10,666.
Monthly Payment
$10,666
Income Required
$457,100
Principal & Interest
$8,457/mo
Down Payment (5%)
$68,625
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 98020.
Estimated Monthly Payment
$8,644
Jumbo loan required. Loan amount exceeds the $1,063,750 conforming limit for 98020.
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