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All market snapshots / 98117

Seattle, WA 98117 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: 0.08
ActiveActive listings: 4949PendingPending sales: 44
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): $850k$850kSoldMedian sold price (last 6 months): $930k$930k
What homes actually sell for in Seattle, WA
Distribution of 344 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $735k to $1.26M
$530k to $701k: 54 sales$530k$701k to $872k: 72 sales$872k to $1.04M: 73 sales73sales$872k$1.04M to $1.22M: 31 sales$1.22M to $1.39M: 30 sales$1.22M$1.39M to $1.56M: 30 sales$1.56M to $1.73M: 13 sales$1.56M$1.73M to $1.9M: 6 salesMedian $930k

What the numbers say

As of September 14, 2026, Resideline is tracking 49 active listings and 4 pending sales in ZIP code 98117. That pending-to-active ratio of 0.08 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $849,995, while the median of the 344 closed sales Resideline tracked over the last six months was $930,000. 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 98117 for 66 days.

Frequently asked questions

What is the median home price in 98117?

The median closed sale price in Seattle, WA 98117 was $930,000 over the last six months, based on 344 closed sales tracked by Resideline. The middle half of those sales ranged from $734,900 to $1,265,000.

Is 98117 a buyer's or seller's market?

Resideline is currently tracking 4 pending sales against 49 active listings in 98117, a pending-to-active ratio of 0.08. 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, 98117 currently looks like a balanced market.

Nearby ZIP code market data

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