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Columbia City Duwamish Georgetown Highland Park Holly Park Holly Park (Beacon Hill) Industrial District Mid Beacon Hill Mid-Beacon Hill North Beacon Hill South Beacon Hill South Park Van Asselt White Center

SEATTLE, WA 98108

Real Estate Market Report
Balanced Market
February 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 98108

Columbia City · Duwamish · Georgetown · Highland Park · Holly Park · Holly Park (Beacon Hill) · Industrial District · Mid Beacon Hill · Mid-Beacon Hill · North Beacon Hill · South Beacon Hill · South Park · Van Asselt · White Center

Market Analysis

Data as of February 2026. Source: Realtor.com.

The SEATTLE, WA real estate market (98108) currently shows 68 active listings, with 15 pending sales. Homes are averaging 30 days on the market before going under contract.

Inventory has increased compared to last year, with 24 more homes available — giving buyers more choice.

Homes are selling faster, averaging 30 days on market compared to 53 days last year.

The median listing price has fallen 9.1% year-over-year, from $699,999 to $636,488.

Whether you are buying or selling in SEATTLE, WA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 23,762  ·  Density: 1,243.6/mi²  ·  Median household income: $90,179

Typical home value: $676,667  ·  Homeownership: 56.7%

Market Overview

Active Listings
68
⇧ 54.5% vs 44 last year
Pending
15
22% pending ratio
Median Price
$636,488
⇩ 9.1% vs $699,999 last year
Average Price
$696,834
⇩ 6.3% vs $744,032 last year
Days on Market
30
⇩ 43.4% vs 53 days last year

Price Per Square Foot

Median $/sqft
$470
⇧ 2% vs $461/sqft last year
Median Home Size
1,463 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 68 this year vs 44 last year
  • Days on market: 30 now vs 53 last year

Median & Average Pricing

Year over Year
  • Median: $636,488 (-9.1% YoY)
  • Average: $696,834 (-6.3% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 6.7 miles — 833 listings ($873,885,103 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
98108Seattle, WA 981080.0 mi61$41,322,681$640,000$677,421
98118Seattle, WA 981182.0 mi97$81,722,791$693,000$842,503
98126Seattle, WA 981262.9 mi45$30,660,525$650,000$681,345
98146Seattle, WA 981463.5 mi49$40,123,307$695,000$818,843
98168Seattle, WA 981683.6 mi55$34,182,665$599,000$621,503
98104Seattle, WA 981044.2 mi60$50,615,940$499,950$843,599
98116Seattle, WA 981164.5 mi58$73,126,284$849,000$1,260,798
98122Seattle, WA 981224.8 mi111$93,734,949$824,000$844,459
98121Seattle, WA 981215.4 mi109$86,444,630$593,500$793,070
98166Seattle, WA 981666.4 mi24$31,697,328$855,000$1,320,722
98112Seattle, WA 981126.4 mi59$208,753,977$1,198,000$3,538,203
98102Seattle, WA 981026.6 mi78$84,678,594$835,950$1,085,623
98188Seattle, WA 981886.7 mi27$16,821,432$475,000$623,016

Frequently Asked Questions

How many homes are for sale in SEATTLE, WA 98108?

As of February 2026, there are 68 active listings in SEATTLE, WA (zip code 98108), compared to 44 the prior year.

What is the median home price in SEATTLE, WA 98108?

The median listing price in SEATTLE, WA 98108 is $636,488 as of February 2026, a 9.1% decrease from $699,999 the prior year.

How long do homes stay on the market in SEATTLE, WA?

Homes in SEATTLE, WA 98108 spend an average of 30 days on the market before going under contract, compared to 53 days the prior year.

Is it a seller's or buyer's market in SEATTLE, WA 98108?

Based on current inventory and days-on-market data as of February 2026, SEATTLE, WA 98108 is currently a Balanced Market. Inventory has increased compared to last year, with 24 more homes available — giving buyers more choice. Homes are selling faster, averaging 30 days on market compared to 53 days last year.

How much can I save on real estate commission in SEATTLE, WA?

With SELL123.com's maximum 3% commission, sellers in SEATTLE, WA 98108 save an estimated $12,730 compared to a typical 5% commission on the median listing price of $636,488. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.