98199 — King County, Washington Market Snapshot
Housing market data for zip code 98199 in King County, Washington. Updated monthly with median prices, days on market, and more.
Market Sales Data
120 sales in 2026 (year to date)
Median Sale Price
$1,326,000
Days to Sell
8
Homes Sold
120
Inventory
61
Sale-to-List
100.7%
New Listings
148
Price/SqFt
$614
Pending Sales
119
Jumbo Loan Likely Needed
The median home in 98199 at $1,326,000 exceeds the 2026 conforming loan limit of $1,063,750 by $262,250. 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
98199 is an extremely competitive market with homes selling in just 8 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 98199 (100.7% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
The median home in 98199 at $1,326,000 exceeds the 2026 conforming loan limit of $1,063,750 by $262,250. 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 98199 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 98199
To purchase the median home at $1,326,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $10,309.
Monthly Payment
$10,309
Income Required
$441,831
Principal & Interest
$8,170/mo
Down Payment (5%)
$66,300
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 98199.
Estimated Monthly Payment
$8,356
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