The 98031 housing market is very competitive. Homes in 98031 receive 2 offers on average and sell in around 32 days. The median sale price of a home in 98031 was $719K last month, up 8.9% since last year. The median sale price per square foot in 98031 is $346, up 0.9% since last year.
In February 2025, 98031 home prices were up 8.9% compared to last year, selling for a median price of $719K. On average, homes in 98031 sell after 32 days on the market compared to 16 days last year. There were 68 homes sold in February this year, down from 75 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$718,500
+8.9% YoY | Feb 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Feb 2025
Growth
% YoY
98031, WA
$718,500
+8.9%
United States
To compare other locations to the 98031 and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Washington add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
Work with the best agents in 98031
Redfin agents are among the most experienced in the industry, so we know how to help you win in today's market.
How hot is the 98031 housing market?
98031 is very competitive. Homes sell in 10.5 days.
0
100
87
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 11 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 98031 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 98031.
Flood Factor - Major
5% of properties are at risk of severe flooding over the next 30 years
Flood Factor
98031 has a major risk of flooding. 404 properties in 98031 are likely to be
severely affected
by flooding over the next 30 years. This represents 5% of all properties in 98031. Flood risk is increasing slower than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
98031 has a moderate risk of wildfire. There are 65 properties in 98031 that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in 98031.