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Median sale price
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ZIP 98116 in Seattle, WA: housing market trends

The median home sale price in ZIP 98116 in Seattle, WA was $964,717 for the three-month period ending September 2026. Sale prices were 8.1% lower than the same period one year earlier. These are area-level statistics; changes in the mix of homes sold can move the median.

Median sale price
$964,717
three-month period ending September 2026
Median sale price per sq ft
$586.57
three-month period ending September 2026
Active listings
191
three-month period ending September 2026
Typical monthly rent
$2,272
Rent index · August 2026

How is housing inventory changing?

There were 191 active listings for the three-month period ending September 2026. Active listings were 7.3% lower than the same period one year earlier. This counts homes active at any time during the period, not only those available on its final day.

How long are homes taking to sell?

The median time on market was 13 days for the three-month period ending September 2026. Sale prices, inventory, and selling time describe different parts of the market; none alone establishes what an individual home will sell for.

Home prices by property type

Published Redfin medians for each home type. Each row covers the three-month period ending in its listed month; missing values remain unavailable.

Property-type comparison for ZIP 98116 in Seattle, WA
Home typePeriod endingMedian sale priceSale price / sq ftHomes sold
All homesSeptember 2026$964,717$586.57101
Single-familySeptember 2026$999,748$611.8966
TownhousesSeptember 2026$944,501$581.4010
Condos / co-opsSeptember 2026$534,984$566.5222
Multifamily (2–4 units)September 2026$1,325,000$496.693 · small sample

Compare nearby housing markets

Published city and place figures. Check each row’s reporting period and source before comparing; these are separate markets, not neighborhood boundaries.

Nearby market comparison for ZIP 98116 in Seattle, WA
MarketMedian sale priceReporting period / source
Seattle, WA$870,000Month ending July 2026 · Zillow
Bainbridge Island, WA$1,279,6713 months ending September 2026 · Redfin
Burien, WA$635,000Month ending July 2026 · Zillow
Mercer Island, WA$2,306,4023 months ending September 2026 · Redfin
Medina, WA$3,738,2203 months ending September 2026 · Redfin
Tukwila, WA$529,7483 months ending September 2026 · Redfin

Recent sale-price history

All residential home types. Each row represents an overlapping three-month period ending in that month. Use the charts above for the full available history and home-type filters. Missing values remain unavailable.

Recent home sale prices for ZIP 98116 in Seattle, WA
Period endingMedian sale priceSale price / sq ftActive listings
September 2026$964,717$586.57191
August 2026$1,029,000$612.03185
July 2026$1,047,500$600.48215
June 2026$1,045,000$596.30212
May 2026$952,000$595.24215
April 2026$891,500$605.20197
March 2026$900,000$605.20159
February 2026$917,500$571.47130
January 2026$900,000$570.65122
December 2025$1,005,000$599.81136
November 2025$1,065,000$614.21182
October 2025$1,075,000$618.45190
September 2025$1,050,000$583.55206
August 2025$1,075,000$600.63218
July 2025$1,050,000$600.63239
June 2025$960,000$612.15226
May 2025$899,500$613.86202
April 2025$919,000$605.84155
March 2025$947,500$625.23131
February 2025$942,000$600.85109
January 2025$850,000$568.32110
December 2024$917,500$562.59125
November 2024$907,475$585.77151
October 2024$932,500$594.41175

Sources and definitions

Sale-price and property-type histories use Redfin where available. Redfin observations cover rolling three-month periods. Zillow Research supplies monthly home-value and rent indices and additional market series. Provider selection is shown in the chart details. Each metric retains its own reporting date.

Sale price per square foot describes completed sales with reported floor area; it is not a listing-price measure. Active listings count listings active during the reporting period. Home values and rents are typical-value indices, not sale-price or rent medians. ZIP map boundaries are Census ZCTAs and may differ from provider regions. Related ZIP associations do not imply containment within city boundaries.

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