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All market snapshots / 98112

Seattle, WA 98112 Housing Market

Data snapshot: September 14, 2026. Closed-sale window: last 6 months.
Seattle, WA inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.09
ActiveActive listings: 3535PendingPending sales: 33
Seattle, WA: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $1.15M$1.15MSoldMedian sold price (last 6 months): $1.5M$1.5M
What homes actually sell for in Seattle, WA
Distribution of 181 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $962k to $2.65M
$480k to $1.04M: 45 sales$480k$1.04M to $1.61M: 46 sales46sales$1.61M to $2.17M: 26 sales$1.61M$2.17M to $2.74M: 13 sales$2.74M to $3.3M: 11 sales$2.74M$3.3M to $3.87M: 11 sales$3.87M to $4.43M: 8 sales$3.87M$4.43M to $5M: 2 salesMedian $1.5M

What the numbers say

As of September 14, 2026, Resideline is tracking 35 active listings and 3 pending sales in ZIP code 98112. That pending-to-active ratio of 0.09 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $1,149,000, while the median of the 181 closed sales Resideline tracked over the last six months was $1,500,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 98112 for 51 days.

Frequently asked questions

What is the median home price in 98112?

The median closed sale price in Seattle, WA 98112 was $1,500,000 over the last six months, based on 181 closed sales tracked by Resideline. The middle half of those sales ranged from $962,500 to $2,650,000.

Is 98112 a buyer's or seller's market?

Resideline is currently tracking 3 pending sales against 35 active listings in 98112, a pending-to-active ratio of 0.09. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 98112 currently looks like a balanced market.

Nearby ZIP code market data

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