Seattle 98102

King County, WA · 3,447 properties · updated 7/5/2026

Should you buy here?buyer-timing lens

36affordability /100

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

Payment burden
39.1%
severe
Days on market
21
daily
Price cuts
16.9%
of active
Valuation
+375.1%
vs assessor
Look up an address
31
/100
Weak
cooling · seller slight · prices easing year-over-year.
Price trend
42
Affordability
25
Valuation
20
Economic health
36

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

60/ 100SellerBalancedBuyer
Negotiate Hard
Needs 23.3% correction for affordability
DOM: 79d (rising) · Market Dynamics rolling median · hourly
Score Components
Payment Burden (25%)75
Valuation Gap (25%)10
Supply & Demand (20%)100
Buy vs Rent (15%)100
Cancellation Rate (10%)0
Days on Market (5%)75

Moderate buyer leverage in 98102. Room to negotiate 5-10% below list. Payment burden: 39.1% of median income. A 11% price correction needed to reach 30% affordability threshold. Median days on market: 79. Renting is approximately 155% cheaper than buying (price-to-rent ratio: 30.6).

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 SLIGHT

Market is cooling with expanding inventory. Sellers hold a slight edge. Prices down 3.0% YoY.

Address lookup$99 report path

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Market snapshoteach number, once

Median price
$737,813
▾ 3.0% YoY
Days on market
21
daily · zip_data
Median rent
$2,008
ZORI
Investor score
26/100
cash-flow lens
Active listings
108
90-day

Valuation3 lenses, different anchors

vs assessor
+375.1%
Market vs assessed value — a tax-roll lag, not a deal signal.
Avg assessor$3,505,500
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-income6.5×

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How 98102 ranks in WA
percentile vs all Washington ZIPs · n=581
Market velocity59%
Supply tightness26%
Affordability39%
Investment yield39%
Appreciation7%

Affordability, supply & momentum

31SUPPLY
BalancedSupply Tightness

Supply and demand are roughly even — standard negotiation dynamics.

Months of Supply14.7 mo
Days on Market21d
Inv vs History+29.0%
Listing Density--
Affordability — payment burden
Monthly payment (P&I)$3,727
Payment burden39.1%
Median income · ZIP$114,395
Mortgage rate6.49% · 30yr
Total monthly own$4,465
Monthly rent$2,008
Market dynamics
Price cut %16.9%
Momentumcooling
LeverageSELLER SLIGHT
Months of supply14.7
Sales (90d)0
Investment analysis
Median rent$2,008
Price-to-rent30.6
Est. cap rate2.1%
Buy vs rentfavors renting

Livability

Walk score45
Transit score48
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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