Kirkland 98034

King County, WA · 13,034 properties · updated 7/5/2026

Should you buy here?buyer-timing lens

17affordability /100

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

Payment burden
50.2%
severe
Days on market
14
daily
Price cuts
18.8%
of active
Valuation
+167%
vs assessor
Look up an address
13
/100
Distressed
cooling · seller advantage · prices easing year-over-year.
Price trend
11
Affordability
10
Valuation
20
Economic health
17

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

64/ 100SellerBalancedBuyer
Negotiate Hard
Needs 40.2% correction for affordability
DOM: 33d (stable) · Market Dynamics rolling median · hourly
Score Components
Payment Burden (25%)100
Valuation Gap (25%)10
Supply & Demand (20%)100
Buy vs Rent (15%)100
Cancellation Rate (10%)0
Days on Market (5%)40

Moderate buyer leverage in 98034. Room to negotiate 5-10% below list. Payment burden: 50.3% of median income. A 30% price correction needed to reach 30% affordability threshold. Median days on market: 33. Renting is approximately 198% cheaper than buying (price-to-rent ratio: 35.8).

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.
COOLINGSELLER ADVANTAGE

Market is cooling with expanding inventory. Sellers are firmly in control. Prices down 3.9% YoY.

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Market snapshoteach number, once

Median price
$1,068,918
▾ 3.9% YoY
Days on market
14
daily · zip_data
Median rent
$2,490
ZORI
Investor score
21/100
cash-flow lens
Active listings
166
90-day

Valuation3 lenses, different anchors

vs assessor
+167.0%
Market vs assessed value — a tax-roll lag, not a deal signal.
Avg assessor$2,854,050
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-income8.3×

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How 98034 ranks in WA
percentile vs all Washington ZIPs · n=581
Market velocity74%
Supply tightness62%
Affordability12%
Investment yield22%
Appreciation3%

Affordability, supply & momentum

31SUPPLY
BalancedSupply Tightness

Supply and demand are roughly even — standard negotiation dynamics.

Months of Supply12.3 mo
Days on Market14d
Inv vs History+45.2%
Listing Density--
Affordability — payment burden
Monthly payment (P&I)$5,399
Payment burden50.2%
Median income · ZIP$128,974
Mortgage rate6.49% · 30yr
Total monthly own$6,468
Monthly rent$2,490
Market dynamics
Price cut %18.8%
Momentumcooling
LeverageSELLER ADVANTAGE
Months of supply12.3
Sales (90d)0
Investment analysis
Median rent$2,490
Price-to-rent35.8
Est. cap rate1.8%
Buy vs rentfavors renting

Livability

Walk score9
Transit score16
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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