Des Moines 98198

King County, WA · 8,349 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
43.2%
severe
Days on market
8
daily
Price cuts
17.0%
of active
Valuation
+158.4%
vs assessor
Look up an address
30
/100
Weak
stable · seller advantage · prices easing year-over-year.
Price trend
42
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

53/ 100SellerBalancedBuyer
Balanced Market
Needs 30.6% correction for affordability
DOM: 46d (rising) · Market Dynamics rolling median · hourly
Score Components
Payment Burden (25%)90
Valuation Gap (25%)10
Supply & Demand (20%)70
Buy vs Rent (15%)75
Cancellation Rate (10%)0
Days on Market (5%)60

Balanced market in 98198. List price is roughly fair — focus on condition and value. Payment burden: 43.3% of median income. A 19% price correction needed to reach 30% affordability threshold. Median days on market: 46. Renting is approximately 107% cheaper than buying (price-to-rent ratio: 24.8).

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
$598,375
▾ 0.7% YoY
Days on market
8
daily · zip_data
Median rent
$2,007
ZORI
Investor score
35/100
cash-flow lens
Active listings
65
90-day

Valuation3 lenses, different anchors

vs assessor
+158.4%
Market vs assessed value — a tax-roll lag, not a deal signal.
Avg assessor$1,546,000
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-income7.1×

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How 98198 ranks in WA
percentile vs all Washington ZIPs · n=581
Market velocity90%
Supply tightness85%
Affordability26%
Investment yield63%
Appreciation27%

Affordability, supply & momentum

58SUPPLY
Tight MarketSupply Tightness

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

Months of Supply6.6 mo
Days on Market8d
Inv vs History+16.5%
Listing Density--
Affordability — payment burden
Monthly payment (P&I)$3,023
Payment burden43.2%
Median income · ZIP$83,938
Mortgage rate6.49% · 30yr
Total monthly own$3,621
Monthly rent$2,007
Market dynamics
Price cut %17.0%
Momentumstable
LeverageSELLER ADVANTAGE
Months of supply6.6
Sales (90d)0
Investment analysis
Median rent$2,007
Price-to-rent24.8
Est. cap rate2.6%
Buy vs rentfavors renting

Livability

Walk score4
Transit score15
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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