98203 — Snohomish County, Washington Market Snapshot
Housing market data for zip code 98203 in Snohomish County, Washington. Updated monthly with median prices, days on market, and more.
Market Sales Data
74 sales in 2026 (year to date)
Median Sale Price
$687,500
Days to Sell
6
Homes Sold
74
Inventory
41
Sale-to-List
101.6%
New Listings
114
Price/SqFt
$396
Pending Sales
93
Conforming Loan Available
Most homebuyers in 98203 can comfortably use conventional financing. The median home price of $687,500 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
98203 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 are selling very close to asking price in 98203 (101.6% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 98203 can comfortably use conventional financing. The median home price of $687,500 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 98203 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 98203
To purchase the median home at $687,500 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $5,417.
Monthly Payment
$5,417
Income Required
$232,175
Principal & Interest
$4,236/mo
Down Payment (5%)
$34,375
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 98203.
Estimated Monthly Payment
$4,405
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