Is Seattle, WA 98102 a buyer’s or seller’s market?

The Seattle housing market right now

In the three months ending August 31, 2026, 10% of homes in Seattle, WA 98102 sold above their list price, the typical home went under contract in 23 days and there were 4.7 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 83 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 13%, homes sold faster (27 days then) and the median sale price rose 7% to $924,600. Overall, Seattle is about as competitive as it was a year ago.

Within King County, homes here sell more slowly than in 72% of the county’s ZIP codes, and sell less often over asking than in 77%. On our competition score, Seattle ranks #264 of 298 WA ZIP codes with enough sales (score 35 out of 100).

Nearby, buyers who want less competition could look at Skykomish 98288 (0% sold over asking) or Baring 98224 (0% sold over asking), while Seattle 98155 (43% sold over asking) and Seattle 98136 (41% sold over asking) are even more competitive.