The story of this market
The typical home in ZIP 98039 sells for about $860,000, or $513 per square foot.
Prices are down 4.2% from a year ago, which gives buyers more room to negotiate. Homes take about 21 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $3,501 a month.
This ZIP has no home sales of its own, so its market figures come from King County, Washington (county-level). Population, rents, hazards, lending and amenities are this ZIP's own readings.
ZIP 98039 — Medina
The Medina housing market is characterized by extremely low inventory and high-value luxury transactions, resulting in significant price volatility. While median prices remain among the highest in the nation, the recent increase in months of supply suggests a cooling trend in the velocity of sales.
This ZIP is primarily for ultra-high-net-worth families and executives seeking privacy, large waterfront lots, and proximity to major Eastside tech employers.
Median prices moved down 4.2% year over year.
Homes spend a median of 21 days on market with 3.8 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 99% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.8% · poverty 4.7% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 98039, King County WA
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Medina is widely considered one of the safest communities in the Seattle metropolitan area, with crime rates significantly lower than regional averages.
The area is served by the highly-rated Bellevue School District, which is consistently recognized for academic excellence and high college-readiness metrics.
The geography faces standard Pacific Northwest risks, including potential for windstorms and localized seismic activity, with insurance markets reflecting high-value property coverage requirements.
Economic momentum is driven by proximity to major tech headquarters in Bellevue and Redmond, with the area serving as a premier residential enclave for executive leadership.
Property taxes are assessed by King County based on local levies and state school funding requirements; there is no state personal income tax in Washington.
Residents benefit from direct access to SR-520, providing a short commute to downtown Bellevue and a manageable transit or drive to Seattle's employment core.
The area features extensive waterfront access on Lake Washington, proximity to Medina Park, and high-end shopping and dining options in nearby Bellevue.
The rental market is extremely limited and high-end, characterized by low vacancy pressure and a high concentration of luxury single-family lease offerings.
The local economy is anchored by the broader Eastside tech corridor, including major employers like Microsoft and T-Mobile, which drive high demand for luxury housing.
The area is primarily car-dependent, though it benefits from proximity to major highway corridors and regional transit hubs in Bellevue.
Development is largely restricted to high-end residential infill and luxury estate renovations due to the built-out nature of the community.
The King County Department of Assessments conducts annual revaluations to ensure property values reflect current market conditions.
Parcels are subject to Bellevue School District levies and various King County special purpose districts for utilities and emergency services.
Property insurance premiums are influenced by the high replacement costs of luxury estates and regional hazard exposure.
Data retrieved from data.census.gov for ZCTA 98039.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Remlinger Farms4.315.9 mi
- Sky Zone Trampoline Park4.112 mi
- Tukwila Family Fun Center & Bullwinkle's Restaurant4.311.1 mi
- Sky Zone Trampoline Park4.111.2 mi
- Round1 Bowling & Arcade411.5 mi
- T-Mobile Park4.74.8 mi
- Climate Pledge Arena4.55.2 mi
- Lumen Field4.64.7 mi
- Paramount Theatre4.74.2 mi
- Topgolf Renton4.19.2 mi
- Space Needle4.65 mi
- Pike Place Market4.64.8 mi
- Westfield Southcenter4.411.6 mi
- Woodland Park Zoo4.65.9 mi
- Gas Works Park4.74.5 mi
- Pike Place Market4.64.8 mi
- Gas Works Park4.74.5 mi
- The Museum of Flight4.87.8 mi
- Chihuly Garden and Glass4.75.1 mi
- Museum of Pop Culture4.54.9 mi
- Gas Works Park4.74.5 mi
- Kerry Park4.85.5 mi
- Golden Gardens Park4.78.8 mi
- Discovery Park4.88.5 mi
- Marymoor Park4.76.2 mi
- Pier 664.55.1 mi
- Shilshole Bay Marina4.68.5 mi
- Fishermen's Terminal4.66.8 mi
- Elliott Bay Marina Inc4.67 mi
- Seattle Yacht Club4.63.4 mi
- Topgolf Renton4.19.2 mi
- Willows Run Golf Complex46.2 mi
- Interbay Golf Center4.56.5 mi
- Bill Wright Golf Complex At Jefferson Park4.35.1 mi
- Jackson Park Golf Course4.17.9 mi
- Bellevue Square4.51.9 mi
- Pike Place Market4.64.8 mi
- Westfield Southcenter4.411.6 mi
- University Village4.63.6 mi
- Uwajimaya Seattle4.64.4 mi
- Paine Field4.719.6 mi
- Seattle-Tacoma International Airport (SEA) Parking Garage3.412.9 mi
- King County International Airport - Boeing Field4.56.8 mi
- Kenmore Air - Lake Union4.64.5 mi
- Kenmore Air - Lake Washington4.59.1 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A central community park featuring walking trails, open fields, and natural areas.
Provides extensive recreational boating, swimming, and scenic views for the community.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass. Coherence hold-out: this pass's median price ($6,200,000) sat outside the 0.25–4× band around King County's retained level and was not stored.