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Seattle, WA 98199 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
Seattle, WA inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.06
ActiveActive listings: 4848PendingPending 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): $1.04M$1.04MSoldMedian sold price (last 6 months): $1.12M$1.12M
What homes actually sell for in Seattle, WA
Distribution of 216 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $784k to $1.65M
$340k to $685k: 36 sales$340k$685k to $1.03M: 53 sales53sales$1.03M to $1.38M: 39 sales$1.03M$1.38M to $1.72M: 28 sales$1.72M to $2.06M: 13 sales$1.72M$2.06M to $2.41M: 11 sales$2.41M to $2.76M: 10 sales$2.41M$2.76M to $3.1M: 5 salesMedian $1.12M

What the numbers say

As of October 5, 2026, Resideline is tracking 48 active listings and 3 pending sales in ZIP code 98199. That pending-to-active ratio of 0.06 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $1,039,000, while the median of the 216 closed sales Resideline tracked over the last six months was $1,120,000. 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 98199 for 66 days.

Frequently asked questions

What is the median home price in 98199?

The median closed sale price in Seattle, WA 98199 was $1,120,000 over the last six months, based on 216 closed sales tracked by Resideline. The middle half of those sales ranged from $784,000 to $1,650,000.

Is 98199 a buyer's or seller's market?

Resideline is currently tracking 3 pending sales against 48 active listings in 98199, a pending-to-active ratio of 0.06. 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, 98199 currently looks like a balanced market.

Nearby ZIP code market data

Full Seattle, WA housing market report →

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