98223 — Snohomish County, Washington Market Snapshot
Housing market data for zip code 98223 in Snohomish County, Washington. Updated monthly with median prices, days on market, and more.
Market Sales Data
119 sales in 2026 (year to date)
Median Sale Price
$645,000
Days to Sell
20
Homes Sold
119
Inventory
102
Sale-to-List
99.7%
New Listings
181
Price/SqFt
$388
Pending Sales
130
Conforming Loan Available
Most homebuyers in 98223 can comfortably use conventional financing. The median home price of $645,000 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
Homes in 98223 are moving quickly at 20 days on market, indicating healthy buyer demand. Well-priced homes are likely seeing multiple offers.
Sale-to-List Ratio
Homes are selling very close to asking price in 98223 (99.7% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 98223 can comfortably use conventional financing. The median home price of $645,000 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 98223 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 98223
To purchase the median home at $645,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $5,092.
Monthly Payment
$5,092
Income Required
$218,219
Principal & Interest
$3,974/mo
Down Payment (5%)
$32,250
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 98223.
Estimated Monthly Payment
$4,142
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