The story of this market
The typical home in ZIP 98155 sells for about $785,000, or $495 per square foot.
Prices are roughly flat from a year ago (-0.21%), a market in balance. Homes take about 7 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $2,127 a month.
ZIP 98155 — Shoreline
The 98155 housing market remains resilient with steady demand and low inventory, keeping prices stable despite broader economic headwinds. While year-over-year price growth has flattened, the area's strong school districts and proximity to Seattle continue to attract family buyers and long-term investors.
This ZIP is ideal for families and professionals seeking a balance between suburban tranquility and proximity to Seattle's job market. It attracts buyers looking for established neighborhoods with high-quality schools and access to outdoor recreation.
Median prices moved down 0.2% year over year.
Homes spend a median of 7 days on market with 2.5 months of supply — a fast-moving market.
22% of listings have cut prices · homes sell at 100.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.8% · poverty 6.1% — 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 5.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.6%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 98155, 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.
Crime rates in the area are generally considered moderate, with property crime being the primary concern compared to violent crime. The area trends consistent with broader King County suburban patterns.
The area is served by highly-rated public schools within the Shoreline School District, which is frequently recognized for strong academic performance and college readiness.
The region faces moderate risks related to windstorms and potential seismic activity, typical of the Pacific Northwest. Flood risk is localized primarily to areas near Lake Washington and smaller creek corridors.
Economic momentum is driven by proximity to major Seattle-area tech hubs and regional retail anchors like the Town Center at Lake Forest Park. Infrastructure improvements focus on transit-oriented development along the SR-522 and SR-104 corridors.
Property taxes are assessed by King County based on market value, with rates determined by local levies, school district bonds, and state requirements. There are no state income taxes, but local special districts for utilities and fire services impact the total effective rate.
Residents benefit from direct access to Seattle via I-5 and SR-522, with commute times averaging 30-40 minutes to downtown employment centers. Public transit options include frequent bus service and proximity to regional light rail extensions.
The area features extensive access to Lake Washington waterfront parks, the Burke-Gilman Trail for cycling, and numerous community greenbelts. Shopping and dining are concentrated at the Town Center at Lake Forest Park and nearby Ballinger Village.
The rental market is competitive due to high demand from commuters and limited new supply. Vacancy rates remain low, and rent growth has stabilized following significant increases in previous years.
The local economy is anchored by retail, education, and healthcare services, with a significant portion of the workforce commuting to Seattle, Bellevue, and Redmond for tech and professional services.
The area is served by major highway corridors including I-5 and SR-522, with robust bus transit connectivity provided by King County Metro and Sound Transit.
Development is focused on transit-oriented mixed-use projects near major intersections and the ongoing expansion of regional transit infrastructure.
The King County Department of Assessments performs annual revaluations to ensure property values reflect current market conditions.
Parcels are subject to various special districts including the Shoreline School District, King County Library System, and local fire/utility districts.
Property insurance premiums are rising due to regional wildfire risk assessments and general inflationary pressure on construction costs.
Washington state continues to see net positive domestic migration, driven by the technology sector and lifestyle appeal.
Washington is primarily a non-judicial foreclosure state, with specific notice requirements and timelines for lenders.
Sellers are required to provide a comprehensive disclosure statement regarding the condition of the property, including known defects.
Data retrieved from data.census.gov ZCTA 98155 profile.
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 Park4.11.5 mi
- Flying Squirrel Trampoline Park4.411.3 mi
- Seattle Children's Museum4.39.9 mi
- Arena Sports Issaquah4.218.1 mi
- K1 Speed Redmond4.211.9 mi
- T-Mobile Park4.711.8 mi
- Climate Pledge Arena4.59.9 mi
- Lumen Field4.611.6 mi
- Paramount Theatre4.710.3 mi
- Seattle Convention Center | Arch4.410.4 mi
- Space Needle4.610 mi
- Pike Place Market4.610.7 mi
- Woodland Park Zoo4.66.8 mi
- Gas Works Park4.78.1 mi
- Kerry Park4.89.5 mi
- Pike Place Market4.610.7 mi
- Gas Works Park4.78.1 mi
- The Museum of Flight4.816.8 mi
- Chihuly Garden and Glass4.710 mi
- Museum of Pop Culture4.59.9 mi
- Gas Works Park4.78.1 mi
- Kerry Park4.89.5 mi
- Golden Gardens Park4.76.8 mi
- Discovery Park4.88.8 mi
- Marymoor Park4.710.7 mi
- Pier 664.510.6 mi
- Shilshole Bay Marina4.67.2 mi
- Fishermen's Terminal4.68.2 mi
- Elliott Bay Marina Inc4.610 mi
- Seattle Yacht Club4.68 mi
- Willows Run Golf Complex48.6 mi
- Interbay Golf Center4.58.9 mi
- Jackson Park Golf Course4.12.4 mi
- Bellevue Golf Course4.410 mi
- Echo Falls Golf Club4.211.2 mi
- Bellevue Square4.511 mi
- Pike Place Market4.610.7 mi
- Alderwood4.45 mi
- University Village4.66.9 mi
- The District at Northgate44 mi
- Paine Field4.710.2 mi
- Seattle-Tacoma International Airport (SEA) Parking Garage3.422 mi
- King County International Airport - Boeing Field4.515.5 mi
- Kenmore Air - Lake Union4.69.4 mi
- Kenmore Air - Lake Washington4.52 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Major regional anchor featuring Third Place Books and Safeway.
Extensive regional trail system for cycling and walking.
Large community park with lake access and recreational facilities.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.