Median home value in zip code 98116 (Seattle, WA) is $988,390, down 1.5% year over year. Part of the Seattle-Tacoma-Bellevue, WA metropolitan area.

Home Value$988,390

YoY Change

-1.5%

Prices falling — better for buyers.

Affordability

Enter your income for 98116 (Seattle).

Income (annual)

Down Payment

$197,678 on $988,390

Example: $75,000 household income. Change it above to see your own.

Out of reach94.1% 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.

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