Seatac 98188

King County, WA · 4,935 properties · updated 7/5/2026

Should you buy here?buyer-timing lens

23affordability /100

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

Payment burden
46.9%
severe
Days on market
9
daily
Price cuts
20.5%
of active
Valuation
+586.3%
vs assessor
Look up an address
31
/100
Weak
stable · seller advantage · prices rising year-over-year.
Price trend
62
Affordability
10
Valuation
20
Economic health
23

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 36% correction for affordability
DOM: 23d (rising) · Market Dynamics rolling median · hourly
Score Components
Payment Burden (25%)100
Valuation Gap (25%)10
Supply & Demand (20%)70
Buy vs Rent (15%)100
Cancellation Rate (10%)0
Days on Market (5%)20

Balanced market in 98188. List price is roughly fair — focus on condition and value. Payment burden: 47.0% of median income. A 25% price correction needed to reach 30% affordability threshold. Median days on market: 23. Renting is approximately 122% cheaper than buying (price-to-rent ratio: 26.6).

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.

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Market snapshoteach number, once

Median price
$592,404
▴ 0.0% YoY
Days on market
9
daily · zip_data
Median rent
$1,856
ZORI
Investor score
34/100
cash-flow lens
Active listings
37
90-day

Valuation3 lenses, different anchors

vs assessor
+586.3%
Market vs assessed value — a tax-roll lag, not a deal signal.
Avg assessor$4,065,800
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-income7.7×

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How 98188 ranks in WA
percentile vs all Washington ZIPs · n=581
Market velocity88%
Supply tightness88%
Affordability19%
Investment yield51%
Appreciation40%

Affordability, supply & momentum

45SUPPLY
BalancedSupply Tightness

Supply and demand are roughly even — standard negotiation dynamics.

Months of Supply7.6 mo
Days on Market9d
Inv vs History+45.4%
Listing Density--
Affordability — payment burden
Monthly payment (P&I)$2,992
Payment burden46.9%
Median income · ZIP$76,559
Mortgage rate6.49% · 30yr
Total monthly own$3,585
Monthly rent$1,856
Market dynamics
Price cut %20.5%
Momentumstable
LeverageSELLER ADVANTAGE
Months of supply7.6
Sales (90d)0
Investment analysis
Median rent$1,856
Price-to-rent26.6
Est. cap rate2.4%
Buy vs rentfavors renting

Livability

Walk score15
Transit score27
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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