Seattle 98106

King County, WA · 8,040 properties · updated 7/5/2026

Should you buy here?buyer-timing lens

41affordability /100

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

Payment burden
35.6%
stretched
Days on market
10
daily
Price cuts
13.3%
of active
Valuation
+103.4%
vs assessor
Look up an address
41
/100
Mixed
stable · seller advantage · prices easing year-over-year.
Price trend
50
Affordability
45
Valuation
20
Economic health
41

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

45/ 100SellerBalancedBuyer
Balanced Market
Needs 15.7% correction for affordability
DOM: 37d (stable) · Market Dynamics rolling median · hourly
Score Components
Payment Burden (25%)50
Valuation Gap (25%)10
Supply & Demand (20%)85
Buy vs Rent (15%)75
Cancellation Rate (10%)0
Days on Market (5%)40

Balanced market in 98106. List price is roughly fair — focus on condition and value. Payment burden: 35.6% of median income. Median days on market: 37. Renting is approximately 102% cheaper than buying (price-to-rent ratio: 24.3).

Balanced market conditions. Prices roughly aligned with fundamentals — similar to stable periods in 2014-2015.
STABLESELLER ADVANTAGE

Market is holding steady with balanced conditions. Sellers are firmly in control. Prices down 1.3% YoY.

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Market snapshoteach number, once

Median price
$677,569
▾ 1.3% YoY
Days on market
10
daily · zip_data
Median rent
$2,328
ZORI
Investor score
35/100
cash-flow lens
Active listings
72
90-day

Valuation3 lenses, different anchors

vs assessor
+103.4%
Market vs assessed value — a tax-roll lag, not a deal signal.
Avg assessor$1,378,000
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-income5.9×

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How 98106 ranks in WA
percentile vs all Washington ZIPs · n=581
Market velocity86%
Supply tightness74%
Affordability52%
Investment yield68%
Appreciation20%

Affordability, supply & momentum

47SUPPLY
BalancedSupply Tightness

Supply and demand are roughly even — standard negotiation dynamics.

Months of Supply9.2 mo
Days on Market10d
Inv vs History+10.0%
Listing Density--
Affordability — payment burden
Monthly payment (P&I)$3,423
Payment burden35.6%
Median income · ZIP$115,529
Mortgage rate6.49% · 30yr
Total monthly own$4,100
Monthly rent$2,328
Market dynamics
Price cut %13.3%
Momentumstable
LeverageSELLER ADVANTAGE
Months of supply9.2
Sales (90d)0
Investment analysis
Median rent$2,328
Price-to-rent24.3
Est. cap rate2.7%
Buy vs rentfavors renting

Livability

Walk score6
Transit score33
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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