98107 — King County, Washington Market Snapshot
Housing market data for zip code 98107 in King County, Washington. Updated monthly with median prices, days on market, and more.
Market Sales Data
40 sales in 2026 (year to date)
Median Sale Price
$1,060,000
Days to Sell
6
Homes Sold
40
Inventory
18
Sale-to-List
104.2%
New Listings
45
Price/SqFt
$552
Pending Sales
38
Conforming Loan Available
The median home in 98107 at $1,060,000 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
98107 is an extremely competitive market with homes selling in just 6 days on average. Buyers need pre-approval letters ready before making offers.
Sale-to-List Ratio
Homes in 98107 are selling 4.2% above asking price on average, signaling strong competition. Buyers should budget above list price.
Conforming Loan Feasibility
The median home in 98107 at $1,060,000 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 98107 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 98107
To purchase the median home at $1,060,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $8,271.
Monthly Payment
$8,271
Income Required
$354,488
Principal & Interest
$6,531/mo
Down Payment (5%)
$53,000
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 98107.
Estimated Monthly Payment
$6,710
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