The 98118 housing market is very competitive. Homes in 98118 receive 2 offers on average and sell in around 10 days. The median sale price of a home in 98118 was $767K last month, up 12.9% since last year. The median sale price per square foot in 98118 is $473, up 1.7% since last year.
In April 2024, 98118 home prices were up 12.9% compared to last year, selling for a median price of $767K. On average, homes in 98118 sell after 10 days on the market compared to 23 days last year. There were 120 homes sold in April this year, up from 105 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$767,475
+12.9% YoY | Apr 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
98118, WA
$767,475
+12.9%
United States
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How hot is the 98118 housing market?
98118 is very competitive. Homes sell in 7 days.
0
100
86
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% above list price and go pending in around 7 days.
Hot homes
can sell for about 3% above list price and go pending in around 5 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on 98118 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 98118.
Risk Factor
Flood Factor - Moderate
10% of properties are at risk of severe flooding over the next 30 years
Flood Factor
98118 has a moderate risk of flooding. 920 properties in 98118 are likely to be
severely affected
by flooding over the next 30 years. This represents 10% of all properties in 98118. Flood risk is increasing slower than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
98118 has a minor risk of wildfire. There are 31 properties in 98118 that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in 98118.