98028 — King County, Washington Market Snapshot
Housing market data for zip code 98028 in King County, Washington. Updated monthly with median prices, days on market, and more.
Market Sales Data
79 sales in 2026 (year to date)
Median Sale Price
$907,500
Days to Sell
11
Homes Sold
79
Inventory
80
Sale-to-List
98.8%
New Listings
141
Price/SqFt
$471
Pending Sales
89
Conforming Loan Available
The median home in 98028 at $907,500 falls within the 2026 conforming loan limit of $1,063,750, 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
98028 is an extremely competitive market with homes selling in just 11 days on average. Buyers need pre-approval letters ready before making offers.
Sale-to-List Ratio
Homes are selling very close to asking price in 98028 (98.8% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
The median home in 98028 at $907,500 falls within the 2026 conforming loan limit of $1,063,750, but buyers putting less than 5% down may need jumbo financing. This makes down payment strategy especially important in this market.
Loan limits in 98028 are set at the county level.
2026 Loan Limits — King County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $1,063,750 | $1,063,750 |
| 2 Units | $1,361,800 | $1,361,800 |
| 3 Units | $1,646,100 | $1,646,100 |
| 4 Units | $2,045,700 | $2,045,700 |
Affordability Snapshot — Zip 98028
To purchase the median home at $907,500 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $7,103.
Monthly Payment
$7,103
Income Required
$304,413
Principal & Interest
$5,592/mo
Down Payment (5%)
$45,375
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 98028.
Estimated Monthly Payment
$5,766
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