The story of this market
The typical home in ZIP 98119 sells for about $1,100,000, or $547 per square foot.
Prices are up +8.4% from a year ago, so sellers still have some momentum. Homes take about 18 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,917 a month.
ZIP 98119 — Seattle
The 98119 housing market remains highly competitive with a median sale price of $1.1M, reflecting an 8.4% year-over-year increase. Demand is driven by the area's high walkability and proximity to major Seattle employment hubs, though inventory remains tight. While some metrics like price per square foot show volatility, the overall market sentiment is optimistic due to sustained buyer interest.
This ZIP is ideal for young professionals, urban-dwelling commuters, and renters who prioritize proximity to downtown Seattle, high walkability, and access to waterfront amenities.
Median prices moved up 8.4% year over year.
Homes spend a median of 18 days on market with 2.0 months of supply — a fast-moving market.
19% of listings have cut prices · homes sell at 99.4% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.6% · poverty 7.1% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 98119, King County WA
The area is served by Seattle Public Schools, generally characterized by high-performing academic institutions within the Queen Anne neighborhood.
The area faces standard urban risks including seismic activity common to the Pacific Northwest and localized flood risks in low-lying coastal zones.
The area benefits from proximity to major Seattle employment hubs, including tech and life sciences sectors, with ongoing infill development and high-density residential projects.
Property taxes are assessed by King County based on local millage rates; there are no state-level income taxes, but local levies support school districts and municipal services.
Residents benefit from excellent access to downtown Seattle via major arterials and public transit corridors, with a high share of residents utilizing non-car commuting methods.
The ZIP features significant access to waterfront parks like Kerry Park and Myrtle Edwards Park, along with extensive trail systems and proximity to the Seattle Center.
The rental market is characterized by high density and significant apartment inventory, with consistent demand driven by young professionals and proximity to major employers.
The local economy is heavily integrated into the broader Seattle tech and professional services market, with significant employment concentration in nearby South Lake Union and downtown.
The area is well-served by King County Metro transit routes and provides efficient access to major highway corridors including I-5 and SR-99.
Development is focused on high-density residential infill and mixed-use projects that leverage the area's transit-oriented location.
Parcels are subject to King County property tax levies and Seattle Public Schools district assessments.
Property insurance premiums are influenced by regional seismic risk and urban fire protection ratings.
Data retrieved from US Census Bureau ZCTA profiles and ZipDataPortal.
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.
- Sky Zone Trampoline Park4.114 mi
- Tukwila Family Fun Center & Bullwinkle's Restaurant4.313.3 mi
- Sky Zone Trampoline Park4.110.1 mi
- Round1 Bowling & Arcade413.4 mi
- Seattle Children's Museum4.31.4 mi
- T-Mobile Park4.73.6 mi
- Climate Pledge Arena4.51.3 mi
- Lumen Field4.63.4 mi
- Paramount Theatre4.72.4 mi
- Topgolf Renton4.112.4 mi
- Space Needle4.61.5 mi
- Pike Place Market4.62.3 mi
- Woodland Park Zoo4.62.2 mi
- Gas Works Park4.71.6 mi
- The Museum of Flight4.88.9 mi
- Pike Place Market4.62.3 mi
- Gas Works Park4.71.6 mi
- The Museum of Flight4.88.9 mi
- Chihuly Garden and Glass4.71.5 mi
- Museum of Pop Culture4.51.5 mi
- Gas Works Park4.71.6 mi
- Kerry Park4.80.7 mi
- Golden Gardens Park4.74 mi
- Discovery Park4.82.8 mi
- Marymoor Park4.711.6 mi
- Pier 664.52 mi
- Shilshole Bay Marina4.63.6 mi
- Fishermen's Terminal4.61.3 mi
- Elliott Bay Marina Inc4.61.3 mi
- Seattle Yacht Club4.62.8 mi
- Topgolf Renton4.112.4 mi
- Willows Run Golf Complex410.8 mi
- Interbay Golf Center4.50.6 mi
- Bill Wright Golf Complex At Jefferson Park4.35.7 mi
- Jackson Park Golf Course4.16.6 mi
- Bellevue Square4.57.8 mi
- Pike Place Market4.62.3 mi
- University Village4.63.6 mi
- Uwajimaya Seattle4.63.4 mi
- The District at Northgate45.1 mi
- Paine Field4.719.1 mi
- Seattle-Tacoma International Airport (SEA) Parking Garage3.413.8 mi
- King County International Airport - Boeing Field4.57.6 mi
- Kenmore Air - Lake Union4.61.5 mi
- Kenmore Air - Lake Washington4.59.6 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Famous for its iconic views of the Seattle skyline and Space Needle.
A waterfront park offering extensive trails along Elliott Bay.
Major cultural hub featuring museums, theaters, and the Space Needle.
Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).