Seattle 98105

King County, WA · 8,117 properties · updated 7/5/2026

Should you buy here?buyer-timing lens

0affordability /100

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

Payment burden
91.7%
severe
Days on market
14
daily
Price cuts
17.0%
of active
Valuation
+158.3%
vs assessor
Look up an address
25
/100
Weak
cooling · seller advantage · prices easing year-over-year.
Price trend
42
Affordability
10
Valuation
20

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 67.3% correction for affordability
DOM: 21d (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%)20

Moderate buyer leverage in 98105. Room to negotiate 5-10% below list. Payment burden: 91.8% of median income. A 62% price correction needed to reach 30% affordability threshold. Median days on market: 21. Renting is approximately 310% cheaper than buying (price-to-rent ratio: 49.2).

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 2.0% YoY.

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Market snapshoteach number, once

Median price
$1,190,786
▾ 2.0% YoY
Days on market
14
daily · zip_data
Median rent
$2,015
ZORI
Investor score
21/100
cash-flow lens
Active listings
68
90-day

Valuation3 lenses, different anchors

vs assessor
+158.3%
Market vs assessed value — a tax-roll lag, not a deal signal.
Avg assessor$3,076,000
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-income15.1×

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How 98105 ranks in WA
percentile vs all Washington ZIPs · n=581
Market velocity74%
Supply tightness74%
Affordability0%
Investment yield7%
Appreciation12%

Affordability, supply & momentum

39SUPPLY
BalancedSupply Tightness

Supply and demand are roughly even — standard negotiation dynamics.

Months of Supply12.9 mo
Days on Market14d
Inv vs History+9.2%
Listing Density--
Affordability — payment burden
Monthly payment (P&I)$6,015
Payment burden91.7%
Median income · ZIP$78,691
Mortgage rate6.49% · 30yr
Total monthly own$7,206
Monthly rent$2,015
Market dynamics
Price cut %17.0%
Momentumcooling
LeverageSELLER ADVANTAGE
Months of supply12.9
Sales (90d)0
Investment analysis
Median rent$2,015
Price-to-rent49.2
Est. cap rate1.3%
Buy vs rentfavors renting

Livability

Walk score65
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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