Seattle 98107

King County, WA · 7,414 properties · updated 7/5/2026

Should you buy here?buyer-timing lens

38affordability /100

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

Payment burden
37.8%
severe
Days on market
13
daily
Price cuts
19.4%
of active
Valuation
+140.9%
vs assessor
Look up an address
31
/100
Weak
cooling · seller advantage · prices easing year-over-year.
Price trend
42
Affordability
25
Valuation
20
Economic health
38

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

58/ 100SellerBalancedBuyer
Balanced Market
Needs 20.6% correction for affordability
DOM: 40d (stable) · 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%)40

Balanced market in 98107. List price is roughly fair — focus on condition and value. Payment burden: 37.9% of median income. A 8% price correction needed to reach 30% affordability threshold. Median days on market: 40. Renting is approximately 173% cheaper than buying (price-to-rent ratio: 32.8).

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

Market is cooling with expanding inventory. Sellers are firmly in control. Prices down 2.3% YoY.

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Market snapshoteach number, once

Median price
$859,945
▾ 2.3% YoY
Days on market
13
daily · zip_data
Median rent
$2,184
ZORI
Investor score
26/100
cash-flow lens
Active listings
97
90-day

Valuation3 lenses, different anchors

vs assessor
+140.9%
Market vs assessed value — a tax-roll lag, not a deal signal.
Avg assessor$2,071,250
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-income6.2×

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How 98107 ranks in WA
percentile vs all Washington ZIPs · n=581
Market velocity77%
Supply tightness54%
Affordability44%
Investment yield34%
Appreciation9%

Affordability, supply & momentum

31SUPPLY
BalancedSupply Tightness

Supply and demand are roughly even — standard negotiation dynamics.

Months of Supply12.9 mo
Days on Market13d
Inv vs History+44.2%
Listing Density--
Affordability — payment burden
Monthly payment (P&I)$4,344
Payment burden37.8%
Median income · ZIP$137,748
Mortgage rate6.49% · 30yr
Total monthly own$5,204
Monthly rent$2,184
Market dynamics
Price cut %19.4%
Momentumcooling
LeverageSELLER ADVANTAGE
Months of supply12.9
Sales (90d)0
Investment analysis
Median rent$2,184
Price-to-rent32.8
Est. cap rate2.0%
Buy vs rentfavors renting

Livability

Walk score18
Transit score42
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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