Carnation 98014

King County, WA · 2,845 properties · updated 7/5/2026

Should you buy here?buyer-timing lens

35affordability /100

Buyer leverage is seller slight; weigh payment burden and the 3-lens valuation before bidding.

Payment burden
39.6%
severe
Days on market
26
daily
Price cuts
0.0%
of active
Valuation
-30.1%
vs assessor
Look up an address
37
/100
Weak
stable · seller slight · prices easing year-over-year.
Price trend
50
Affordability
25
Valuation
35
Economic health
35

Verdict grades housing conditions; buyer-timing, investor cash-flow, supply-tightness and county macro scores answer different questions — each in its own section.

Buyer / sellerbuyer-timing lens

78/ 100SellerBalancedBuyer
Negotiate Hard
Needs 24.2% correction for affordability
DOM: 80d (rising) · Market Dynamics rolling median · hourly
Score Components
Payment Burden (25%)75
Valuation Gap (25%)80
Supply & Demand (20%)100
Buy vs Rent (15%)100
Cancellation Rate (10%)0
Days on Market (5%)75

Moderate buyer leverage in 98014. Room to negotiate 5-10% below list. Payment burden: 39.6% of median income. A 12% price correction needed to reach 30% affordability threshold. Median days on market: 80. Renting is approximately 312% cheaper than buying (price-to-rent ratio: 49.5). Market appears 16% overpriced vs. assessed values.

What to Offer

Offer 5-10% below list. You have room to negotiate.

Conditions resemble 2019 pre-pandemic levels — moderate overvaluation with slowing demand. Negotiation room exists.
STABLESELLER SLIGHT

Market is holding steady with balanced conditions. Sellers hold a slight edge. Prices down 1.2% YoY.

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Market snapshoteach number, once

Median price
$1,030,148
▾ 1.2% YoY
Days on market
26
daily · zip_data
Median rent
$1,733
ZORI
Investor score
23/100
cash-flow lens
Active listings
42
90-day

Valuation3 lenses, different anchors

vs assessor
-30.1%
Market vs assessed value — a tax-roll lag, not a deal signal.
Avg assessor$719,700
county CAMA · properties_v
vs income
Fair-value model not available for this market.
fair_value_scores · 10-state coverage
vs county comps
+69.0%
County-wide market — the widest, slowest signal.
King+69.0%
Lotvox comps · mv_valuation_gap

Read together: Above county comps but sustainable on local incomes.
Pricing detail
Price / sqft
Price-to-income6.5×

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How 98014 ranks in WA
percentile vs all Washington ZIPs · n=581
Market velocity51%
Supply tightness26%
Affordability37%
Investment yield7%
Appreciation21%

Affordability, supply & momentum

37SUPPLY
BalancedSupply Tightness

Supply and demand are roughly even — standard negotiation dynamics.

Months of Supply13.9 mo
Days on Market26d
Inv vs History-3.6%
Listing Density--
Affordability — payment burden
Monthly payment (P&I)$5,204
Payment burden39.6%
Median income · ZIP$157,680
Mortgage rate6.49% · 30yr
Total monthly own$6,234
Monthly rent$1,733
Market dynamics
Price cut %0.0%
Momentumstable
LeverageSELLER SLIGHT
Months of supply13.9
Sales (90d)0
Investment analysis
Median rent$1,733
Price-to-rent49.5
Est. cap rate1.3%
Buy vs rentfavors renting

Livability

Walk score2
Transit score4
Bike score

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King County contextmacro · jobs · debt · migration

ZIP score grades housing; county score adds macro distress (jobs, debt, poverty). They answer different questions.

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