ZIP 98136

98136 is one of 86 ZIP codes that lie mostly in King County, WA.

Shaded by typical home value, it ranks 11 of the 35 nearby ZIPs shown.

1 school location in 98136: 1 elementary.

In alphabetical order: Gatewood Elementary School. Locations only — no ratings are shown here.

In January 2000 the typical home in 98136 was worth $293,459.

Values peaked at $959,256 in June 2022. The latest reading is −4.0% from that peak.

As of August 2026: $920,584, −0.4% over twelve months.

Start with the typical home: $920,584. Put 20% down and borrow $736,467 at 7.40%, the 30-year fixed average as of October 8, 2026.

That is $5,099 a month in principal and interest.

The median household here earns $153,636 a year, $12,803 a month. So the payment takes 39.8% of income — rated “severe” (Lotvox ZIP bands: under 28% affordable · 28–36% stretched · 36%+ severe).

The line holds today's rate fixed and moves only the price: at that rate, the same share was 12.7% in 2000.

Take the typical home's price each month, borrow 80% at that month's actual 30-year average rate: in January 2000 (8.21%) the payment was $1,757.

In December 2020, with rates at 2.68%, it was $2,511.

By August 2026, at 6.67%, it was $4,736 — +89% since December 2020, while the home's value moved +19%.

Reported values rose +214% since January 2000.

General prices (CPI-U) rose +97% over the same span.

Divide one by the other: in August 2026 dollars, the 2000 home was worth $579,172. So the real change is +59%, not +214%.

98136: +214% since January 2000.

King County: +235% since January 2000.

Washington: +236% since January 2000 — 98136 ran behind it by 23 points.

Against 581 Washington ZIP codes, 98136 sits at the 44th percentile for affordability (price vs local income).

36th for appreciation (recent value growth); 21st for rental yield (rent vs price).

Owning the typical home costs about $6,020 a month once taxes and insurance (estimated at 1.2% of price a year) are added. Renting runs about $2,343 a month.

Price divided by a year's rent: 32.7. Lotvox reads under 15 as favoring buying and 20 or more as favoring renting.

Picture the Listings Flow Ladder as a basin: new listings pour in from the faucet, the homes for sale are the water, and closed sales run out the drain. Coming in — new listings: about 30 a month (Redfin, 3-month rolling data through August 2026). That is 80% of the 2015–2019 level for the same months.

On the shelf — homes for sale at the end of the period: 45.

Going out — closed sales: about 21 a month. That is 62% of the 2015–2019 level for the same months. The drain is drawn 67% narrower: the share of homes for sale that sell each month is 33% of its 2015–2019 level.

The ladder: homes for sale ÷ monthly sales = 2.1 months of supply — below the 4–6 month range Lotvox treats as balanced. In the basin, that is the water level against the shaded balanced band.

The net reading: about 9 more homes came on than sold each month, so inventory is growing. The basin is filling.

Homes sold: about 21 a month in August 2026 (Redfin).

The 2015–2019 level for the same month was 29 — so sales ran at 72% of it, and below it in 21 of the last 24 months.

Across King County, builders pulled permits for 8,505 new homes in 2025.

Of those, 30% were in 1-unit buildings (the Census Bureau's category for detached and attached single homes).

This ZIP sits in King County. IRS tax returns for 2022-2023: among the ten counties sending the most households, 23,473 moved in. Among the ten receiving the most, 29,819 moved out.

Net across those counties: −6,346 households. Beside it, homes for sale in this ZIP: 45 in June 2026.

Most arrivals came from Snohomish, WA (7,334 households); most departures went to Snohomish, WA (10,534).

County assessor records list 163 properties with a market value here. Their average assessed market value is $1,857,000; the typical home value is $920,584.

The assessor average sits +101.7% from the market figure — an average against a typical value, so treat it as a check, not a verdict.