98251 — Snohomish County, Washington Market Snapshot
Housing market data for zip code 98251 in Snohomish County, Washington. Updated monthly with median prices, days on market, and more.
Market Sales Data
18 sales in 2026 (year to date)
Median Sale Price
$518,750
Days to Sell
16
Homes Sold
18
Inventory
19
Sale-to-List
97.6%
New Listings
31
Price/SqFt
$367
Pending Sales
16
Conforming Loan Available
Most homebuyers in 98251 can comfortably use conventional financing. The median home price of $518,750 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
Homes in 98251 are moving quickly at 16 days on market, indicating healthy buyer demand. Well-priced homes are likely seeing multiple offers.
Sale-to-List Ratio
The average home in 98251 sells for 2.4% below asking price (97.6% sale-to-list), suggesting buyers have negotiating leverage in the current market.
Conforming Loan Feasibility
Most homebuyers in 98251 can comfortably use conventional financing. The median home price of $518,750 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 98251 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 98251
To purchase the median home at $518,750 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $4,124.
Monthly Payment
$4,124
Income Required
$176,764
Principal & Interest
$3,196/mo
Down Payment (5%)
$25,938
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 98251.
Estimated Monthly Payment
$3,360
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