Median home value in zip code 98116 (Seattle, WA) is $988K, down 1.5% year over year. Part of the Seattle-Tacoma-Bellevue, WA metropolitan area.

Full stress scores, AI analysis, and 12-month forecast: Seattle-Tacoma-Bellevue, WA metro →

Home Value$988,390

YoY Change

-1.5%

AFFORDABILITY

Enter your income for 98116 (Seattle).

Income (annual)

Down Payment

$197,678 on $988,390

Out of reach — 94.1% of income

Need $252,043/yr to afford.

PITI$5,881

P/I94.1%

Afford$294K

Gap-$694K

P&I $4,998Tax $766Ins $117

6.50% 30yr, 20% down, county tax + WA ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Metro Analysis

98116 is part of the Seattle-Tacoma-Bellevue, WA metropolitan area. See full stress scores, crash risk, early warning signals, and 12-month price forecast for the metro.

View Seattle-Tacoma-Bellevue, WA analysis

Want deeper metro-level analysis?Stress scores, crash risk, 12-month forecasts, and early warning signals for 195 US metros.

Try Free