98260 — Island County, Washington Market Snapshot
Housing market data for zip code 98260 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
$857,780
Days to Sell
23
Homes Sold
22
Inventory
34
Sale-to-List
99.4%
New Listings
60
Price/SqFt
$363
Pending Sales
34
Jumbo Loan Likely Needed
The median home in 98260 at $857,780 exceeds the 2026 conforming loan limit of $832,750 by $25,030. Most buyers here will need jumbo loans, which typically require higher credit scores, larger down payments, and come with different rate pricing.
Market Insights
Market Temperature
Homes in 98260 are moving quickly at 23 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 98260 (99.4% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
The median home in 98260 at $857,780 exceeds the 2026 conforming loan limit of $832,750 by $25,030. Most buyers here will need jumbo loans, which typically require higher credit scores, larger down payments, and come with different rate pricing.
Loan limits in 98260 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 98260
To purchase the median home at $857,780 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $6,722.
Monthly Payment
$6,722
Income Required
$288,087
Principal & Interest
$5,285/mo
Down Payment (5%)
$42,889
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 98260.
Estimated Monthly Payment
$5,459
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