Ravensdale 98051

King County, WA · 1,412 properties · updated 7/5/2026

Should you buy here?buyer-timing lens

22affordability /100

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

Payment burden
47.3%
severe
Days on market
26
daily
Price cuts
0.0%
of active
Valuation
-50.1%
vs assessor
Look up an address
27
/100
Weak
stable · seller slight · prices easing year-over-year.
Price trend
50
Affordability
10
Valuation
20
Economic health
22

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

91/ 100SellerBalancedBuyer
Strong Buyer's Market
Needs 36.6% correction for affordability
DOM: 90d (rising) · Market Dynamics rolling median · hourly
Score Components
Payment Burden (25%)100
Valuation Gap (25%)80
Supply & Demand (20%)100
Buy vs Rent (15%)100
Cancellation Rate (10%)75
Days on Market (5%)75

Strong buyer leverage in 98051. If you must buy now, offer 10-15% below list price. Payment burden: 47.4% of median income. A 26% price correction needed to reach 30% affordability threshold. Median days on market: 90. Renting is approximately 192% cheaper than buying (price-to-rent ratio: 35.0). Market appears 16% overpriced vs. assessed values.

What to Offer

Offer 10-15% below list price. Sellers are under pressure.

Conditions most similar to late 2007 — overvaluation without corresponding income growth. Significant correction potential.
STABLESELLER SLIGHT

Market is holding steady with balanced conditions. Sellers hold a slight edge. Prices down 1.7% YoY.

Address lookup$99 report path

Look Up an Address in 98051

Just type the street — we'll auto-scope the search to ZIP 98051.

Actions
Export, share, or compare this ZIP
Compare
Get alerts when this market changes

Market snapshoteach number, once

Median price
$897,045
▾ 1.7% YoY
Days on market
26
daily · zip_data
Median rent
$2,138
ZORI
Investor score
27/100
cash-flow lens
Active listings
26
90-day

Valuation3 lenses, different anchors

vs assessor
-50.1%
Market vs assessed value — a tax-roll lag, not a deal signal.
Avg assessor$447,500
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-income7.8×

Unlock Vacancy Data

Available with Lotvox Pro — $29/mo.

Start free trial
How 98051 ranks in WA
percentile vs all Washington ZIPs · n=581
Market velocity51%
Supply tightness0%
Affordability17%
Investment yield28%
Appreciation14%

Affordability, supply & momentum

24SUPPLY
OversuppliedSupply Tightness

Ample inventory — buyers have time and leverage to negotiate.

Months of Supply31.2 mo
Days on Market26d
Inv vs History+123.2%
Listing Density--
Affordability — payment burden
Monthly payment (P&I)$4,531
Payment burden47.3%
Median income · ZIP$114,868
Mortgage rate6.49% · 30yr
Total monthly own$5,428
Monthly rent$2,138
Market dynamics
Price cut %0.0%
Momentumstable
LeverageSELLER SLIGHT
Months of supply31.2
Sales (90d)0
Investment analysis
Median rent$2,138
Price-to-rent35.0
Est. cap rate1.9%
Buy vs rentfavors renting

Livability

Walk score6
Transit score2
Bike score—

Historical trends

Unlock Historical Trends

Available with Lotvox Pro — $29/mo.

Start free trial

King County contextmacro · jobs · debt · migration

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

Unlock County Economic Data

Available with Lotvox Pro — $29/mo.

Start free trial

Nearby ZIP codes

98010
Black Diamond
$781,699
-2.0%
98038
Maple Valley
$796,978
-2.2%
Seattle Metro·Overpriced ZIPs·Investor ZIPs·View on Map·King County