98294 — Snohomish County, Washington Market Snapshot
Housing market data for zip code 98294 in Snohomish County, Washington. Updated monthly with median prices, days on market, and more.
Market Sales Data
47 sales in 2026 (year to date)
Median Sale Price
$586,990
Days to Sell
19
Homes Sold
47
Inventory
30
Sale-to-List
100.8%
New Listings
63
Price/SqFt
$311
Pending Sales
50
Conforming Loan Available
Most homebuyers in 98294 can comfortably use conventional financing. The median home price of $586,990 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 98294 are moving quickly at 19 days on market, indicating healthy buyer demand. Well-priced homes are likely seeing multiple offers.
Sale-to-List Ratio
Homes are selling very close to asking price in 98294 (100.8% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 98294 can comfortably use conventional financing. The median home price of $586,990 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 98294 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 98294
To purchase the median home at $586,990 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $4,647.
Monthly Payment
$4,647
Income Required
$199,172
Principal & Interest
$3,617/mo
Down Payment (5%)
$29,350
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 98294.
Estimated Monthly Payment
$3,783
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