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ZIP Code Market Report · May 2026

Is 98116 a Buyer's or Seller's Market?

📍 West Seattle, Washington
78
🟡 WARM
Balanced market
15 avg days on market · Property tax ~0.93%/yr
$720K
Median Price
15
Days on Market
$4,574
Est. Monthly

Mortgage Breakdown — ZIP 98116

Median Price$720,000
20% Down$144,000
Loan Amount$576,000
P&I (~6.7%)$3,716/mo
Property Tax$558/mo
Total PITI$4,574/mo
Income Needed$152,466/yr
🔔 Set Affordability Alert for 98116 🏦 Ask Zai 🔍 Decode Denial

Nearby ZIP Codes

98115
Wedgwood, WA
🟡 WARM · 79/100
98105
University District, WA
🟡 WARM · 78/100
98101
Downtown, WA
🟡 WARM · 79/100
98117
Greenwood, WA
🟡 WARM · 79/100
98109
Queen Anne, WA
🔥 HOT · 81/100
98103
Wallingford, WA
🟡 WARM · 79/100
Educational purposes only. Market data estimated. Not financial advice.
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