Shoreline 98177

King County, WA · 7,354 properties · updated 7/5/2026

Should you buy here?buyer-timing lens

29affordability /100

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

Payment burden
42.9%
severe
Days on market
7
daily
Price cuts
8.9%
of active
Valuation
+83.1%
vs assessor
Look up an address
33
/100
Weak
stable · seller advantage · prices easing year-over-year.
Price trend
50
Affordability
25
Valuation
20
Economic health
29

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

62/ 100SellerBalancedBuyer
Negotiate Hard
Needs 30.1% correction for affordability
DOM: 40d (rising) · Market Dynamics rolling median · hourly
Score Components
Payment Burden (25%)90
Valuation Gap (25%)60
Supply & Demand (20%)40
Buy vs Rent (15%)100
Cancellation Rate (10%)0
Days on Market (5%)40

Moderate buyer leverage in 98177. Room to negotiate 5-10% below list. Payment burden: 42.9% of median income. A 18% price correction needed to reach 30% affordability threshold. Median days on market: 40. Renting is approximately 168% cheaper than buying (price-to-rent ratio: 32.1).

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.
STABLESELLER ADVANTAGE

Market is holding steady with balanced conditions. Sellers are firmly in control. Prices down 1.5% YoY.

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Market snapshoteach number, once

Median price
$1,150,717
▾ 1.5% YoY
Days on market
7
daily · zip_data
Median rent
$2,986
ZORI
Investor score
28/100
cash-flow lens
Active listings
31
90-day

Valuation3 lenses, different anchors

vs assessor
+83.1%
Market vs assessed value — a tax-roll lag, not a deal signal.
Avg assessor$2,107,100
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-income7.1×

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How 98177 ranks in WA
percentile vs all Washington ZIPs · n=581
Market velocity93%
Supply tightness93%
Affordability26%
Investment yield34%
Appreciation17%

Affordability, supply & momentum

68SUPPLY
Tight MarketSupply Tightness

Supply is below normal — sellers are favored but buyers still have options.

Months of Supply4.6 mo
Days on Market7d
Inv vs History+21.3%
Listing Density--
Affordability — payment burden
Monthly payment (P&I)$5,813
Payment burden42.9%
Median income · ZIP$162,607
Mortgage rate6.49% · 30yr
Total monthly own$6,963
Monthly rent$2,986
Market dynamics
Price cut %8.9%
Momentumstable
LeverageSELLER ADVANTAGE
Months of supply4.6
Sales (90d)0
Investment analysis
Median rent$2,986
Price-to-rent32.1
Est. cap rate2.0%
Buy vs rentfavors renting

Livability

Walk score5
Transit score17
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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