98236 — Island County, Washington Market Snapshot
Housing market data for zip code 98236 in Island County, Washington. Updated monthly with median prices, days on market, and more.
Market Sales Data
22 sales in 2026 (year to date)
Median Sale Price
$735,169
Days to Sell
16
Homes Sold
22
Inventory
24
Sale-to-List
98.7%
New Listings
45
Price/SqFt
$373
Pending Sales
19
Conforming Loan Available
The median home in 98236 at $735,169 falls within the 2026 conforming loan limit of $832,750, but buyers putting less than 5% down may need jumbo financing. This makes down payment strategy especially important in this market.
Market Insights
Market Temperature
Homes in 98236 are moving quickly at 16 days on market, indicating healthy buyer demand. Well-priced homes are likely seeing multiple offers.
Sale-to-List Ratio
Homes are selling very close to asking price in 98236 (98.7% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
The median home in 98236 at $735,169 falls within the 2026 conforming loan limit of $832,750, but buyers putting less than 5% down may need jumbo financing. This makes down payment strategy especially important in this market.
Loan limits in 98236 are set at the county level.
2026 Loan Limits — Island County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $671,600 |
| 2 Units | $1,066,250 | $859,750 |
| 3 Units | $1,288,800 | $1,039,250 |
| 4 Units | $1,601,750 | $1,291,550 |
Affordability Snapshot — Zip 98236
To purchase the median home at $735,169 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $5,783.
Monthly Payment
$5,783
Income Required
$247,827
Principal & Interest
$4,530/mo
Down Payment (5%)
$36,758
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 98236.
Estimated Monthly Payment
$4,700
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