The story of this market
The typical home in ZIP 98178 sells for about $792,450, or $375 per square foot.
Prices are roughly flat from a year ago (+0.7%), a market in balance. Homes take about 40 days to sell. HUD's fair market rent for a two-bedroom is $2,300 a month.
ZIP 98178 — Seattle
The 98178 housing market is currently experiencing a period of stability with a median sale price of $680,000. While year-over-year price growth remains modest at 0.7%, the market is seeing a significant increase in days on market compared to the previous year, indicating a cooling in buyer urgency. Inventory remains constrained, which continues to support current price levels despite the slower sales pace.
This ZIP is well-suited for commuters and families seeking more affordable housing options within reach of Seattle's major employment centers.
Median prices moved up 0.7% year over year.
Homes spend a median of 40 days on market with 1.5 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 100% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.2% · poverty 9.5% — 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 6.5%/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 6.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 98178, King County WA
Crime rates in the area are generally consistent with broader Seattle urban trends, with property crime being the primary concern for residents.
Schools serving the 98178 area are part of the Seattle Public Schools and Renton School District, with performance ratings varying significantly by specific campus.
The area faces standard Pacific Northwest risks, including potential for seismic activity and localized heavy rain events, though it is not a high-risk wildfire zone.
The area benefits from its proximity to major employment hubs in Seattle and Renton, with ongoing residential infill development and infrastructure improvements.
Property taxes are assessed by King County based on the property's fair market value, with rates determined by local levies and state school funding requirements.
Residents typically commute via I-5 or SR-900 toward downtown Seattle or the Renton employment core, with transit options available via King County Metro.
The ZIP features access to local parks and green spaces, including proximity to the shores of Lake Washington and various community trails.
The rental market is characterized by steady demand due to the area's affordability relative to central Seattle, with a mix of single-family rentals and multi-family units.
The local economy is anchored by the broader Seattle-Tacoma-Bellevue metropolitan area, with significant employment in aerospace, technology, and healthcare.
The area is served by major highway corridors including I-5 and I-405, facilitating regional travel.
Ongoing residential development focuses on increasing density through townhome and multi-family projects.
King County Department of Assessments manages property valuations using a mass appraisal system.
Parcels are subject to various special districts including fire, water, and sewer districts, as well as school district levies.
Property insurance premiums are influenced by regional seismic risk and standard Pacific Northwest weather patterns.
Data retrieved from data.census.gov ZCTA-level tables.
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 Farms4.319 mi
- Wild Waves Theme and Water Park3.916 mi
- Sky Zone Trampoline Park4.13.4 mi
- Tukwila Family Fun Center & Bullwinkle's Restaurant4.32.5 mi
- Round1 Bowling & Arcade42.9 mi
- T-Mobile Park4.77.2 mi
- Climate Pledge Arena4.59.5 mi
- Lumen Field4.67.4 mi
- Paramount Theatre4.78.5 mi
- Tacoma Dome4.120 mi
- Space Needle4.69.3 mi
- Pike Place Market4.68.5 mi
- Westfield Southcenter4.42.9 mi
- Woodland Park Zoo4.612.4 mi
- Gas Works Park4.710.6 mi
- Pike Place Market4.68.5 mi
- Gas Works Park4.710.6 mi
- The Museum of Flight4.82.3 mi
- Chihuly Garden and Glass4.79.4 mi
- Museum of Pop Culture4.59.4 mi
- Gas Works Park4.710.6 mi
- Kerry Park4.810.1 mi
- Seward Park4.83.3 mi
- Marymoor Park4.712.8 mi
- Olympic Sculpture Park4.59.2 mi
- Mercer Island Beach Club4.52.3 mi
- City of Des Moines Marina4.57.7 mi
- Seattle Boat Company - Newport4.86 mi
- Newport Yacht Club4.65.9 mi
- Lakewood Marina4.44.3 mi
- Topgolf Renton4.12.3 mi
- Interbay Golf Center4.511.4 mi
- Bill Wright Golf Complex At Jefferson Park4.35.1 mi
- The Golf Club at Newcastle4.45.7 mi
- Bellevue Golf Course4.411.7 mi
- Bellevue Square4.58.3 mi
- Pike Place Market4.68.5 mi
- Westfield Southcenter4.42.9 mi
- University Village4.611.3 mi
- Uwajimaya Seattle4.67.4 mi
- Paine Field4.728.1 mi
- Seattle-Tacoma International Airport (SEA) Parking Garage3.44.5 mi
- King County International Airport - Boeing Field4.53.3 mi
- Kenmore Air - Lake Union4.69.6 mi
- Kenmore Air - Lake Washington4.517.7 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Features wooded trails and creek access.
Community park with sports fields and playground facilities.
Key-figure check: median price diverges 14.2% from the nearest retained anchor (published ten-year series (2025)) — beyond the 12.5% tolerance; an automated validation case is open and the value publishes pending its verdict. Validation: the flagged $680,000 (-14.2% vs the published ten-year series (2025)) could not be independently corroborated and was reverted to the prior cycle value pending review; the case is under review in the Command Center.