98224 — King County, Washington Market Snapshot

Housing market data for zip code 98224 in King County, Washington. Updated monthly with median prices, days on market, and more.

Data as of May 2026

Limited Sales Data

Only 1 home sold in this ZIP code during the selected period. Statistics may not be representative. See the King County county page for broader data.

Market Sales Data

1 sales in 2026 (year to date)

Source: Redfin

Median Sale Price

$865,000

Closed sales

Days to Sell

16

Median, listing to close

Homes Sold

1

Closed in 2026

Inventory

N/A

Conforming Loan Available

The median home in 98224 at $865,000 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

Homes in 98224 are moving quickly at 16 days on market, indicating healthy buyer demand. Well-priced homes are likely seeing multiple offers.

Conforming Loan Feasibility

The median home in 98224 at $865,000 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 98224 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 98224

To purchase the median home at $865,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $6,777.

Monthly Payment

$6,777

Income Required

$290,458

Principal & Interest

$5,330/mo

Down Payment (5%)

$43,250

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 98224.

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Estimated Monthly Payment

$5,503

Principal & Interest$4,488
Property Tax$865
Insurance$150
Loan Amount$692,000
Total Interest$923,788
Income Required$235,856/yr

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