Is Seattle, WA 98115 a buyer’s or seller’s market?

The Seattle housing market right now

In the three months ending August 31, 2026, 29% of homes in Seattle, WA 98115 sold above their list price, the typical home went under contract in 9 days and there were 2.5 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 182 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 35%, homes sold more slowly (7 days then) and the median sale price fell 3% to $1,067,038. Overall, Seattle is less competitive than a year ago, which gives buyers more room.

Within King County, homes here sell faster than in 87% of the county’s ZIP codes, and sell more often over asking than in 87%. On our competition score, Seattle ranks #28 of 298 WA ZIP codes with enough sales (score 75 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.