98204 — Snohomish County, Washington Market Snapshot
Housing market data for zip code 98204 in Snohomish County, Washington. Updated monthly with median prices, days on market, and more.
Market Sales Data
84 sales in 2026 (year to date)
Median Sale Price
$551,950
Days to Sell
11
Homes Sold
84
Inventory
65
Sale-to-List
99.8%
New Listings
123
Price/SqFt
$361
Pending Sales
94
Conforming Loan Available
Most homebuyers in 98204 can comfortably use conventional financing. The median home price of $551,950 is well below the 2026 conforming loan limit of $1,063,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
98204 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 98204 (99.8% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 98204 can comfortably use conventional financing. The median home price of $551,950 is well below the 2026 conforming loan limit of $1,063,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 98204 are set at the county level.
2026 Loan Limits — Snohomish 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 98204
To purchase the median home at $551,950 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $4,379.
Monthly Payment
$4,379
Income Required
$187,666
Principal & Interest
$3,401/mo
Down Payment (5%)
$27,598
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 98204.
Estimated Monthly Payment
$3,566
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