ZIP Code Market Report · Updated May 2026
Is 98101 a Buyer's
or Seller's Market?
📍 Seattle, Washington · WA
79
🟡 WARM
Balanced market
14 days avg on market · Tax rate: 0.919%/yr
Mortgage Breakdown — 98101
Median Price$780,000
20% Down$156,000
Loan Amount$624,000
Rate (~6.7%)$4,026/mo P&I
Property Tax$604/mo
Total PITI$4,955/mo
Income Needed$165,166/yr
Educational purposes only. Market data is estimated. Not financial advice. Always verify with a licensed professional.
The other half of the answer
Prices tell you what a house costs here. They do not tell you whether a lender will approve the loan — and that varies more than almost anyone realises.
24.4%
of FHA applications denied in Seattle-Bellevue-Everett, WA, 2025 · national 22.1%
MOVEMENT MORTGAGE, LLC
6.4% United Wholesale Mortgage
26.2% A 26.6-point spread between the busiest FHA lenders in this metro.
CFPB HMDA 2025, computed by FinanceRateCalc. Covers the highest-volume lenders published for this market, not all lenders. Rates reflect applicant mix as well as lender practice — historical observations, not predictions. CC BY 4.0, not independently reproduced.
The Denial Dispatch
One finding a week from the federal mortgage record.
One chart, three paragraphs, every Saturday. Measured, not assumed.
Get the Dispatch →