98039 — King County, Washington Market Snapshot
Housing market data for zip code 98039 in King County, Washington. Updated monthly with median prices, days on market, and more.
Market Sales Data
10 sales in 2026 (year to date)
Median Sale Price
$5,559,500
Days to Sell
25
Homes Sold
10
Inventory
23
Sale-to-List
96.5%
New Listings
27
Price/SqFt
$1,278
Pending Sales
11
Jumbo Loan Likely Needed
The median home in 98039 at $5,559,500 exceeds the 2026 conforming loan limit of $1,063,750 by $4,495,750. 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 98039 are moving quickly at 25 days on market, indicating healthy buyer demand. Well-priced homes are likely seeing multiple offers.
Sale-to-List Ratio
The average home in 98039 sells for 3.5% below asking price (96.5% sale-to-list), suggesting buyers have negotiating leverage in the current market.
Conforming Loan Feasibility
The median home in 98039 at $5,559,500 exceeds the 2026 conforming loan limit of $1,063,750 by $4,495,750. 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 98039 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 98039
To purchase the median home at $5,559,500 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $42,745.
Monthly Payment
$42,745
Income Required
$1,831,934
Principal & Interest
$34,256/mo
Down Payment (5%)
$277,975
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 98039.
Estimated Monthly Payment
$34,557
Jumbo loan required. Loan amount exceeds the $1,063,750 conforming limit for 98039.
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