98940 Housing Market

$554,045

4.6% 1-yr

The average 98940 home value is $554,045, down 4.6% over the past year.

What is the Zillow Home Values Index?

Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.

Learn more about the Zillow Home Value Index

98940 Key Takeaways

Typical Home Values: $554,045

1-year Value Change: -4.6%

(Data through November 30, 2025)

98940 Housing Market Overview

0.3%1-year Market Forecast(November 30, 2025)

38For sale inventory(November 30, 2025)

--New listings(November 30, 2025)

--Median sale to list ratio

--Median sale price(October 31, 2025)

$808,625Median list price(November 30, 2025)

--Percent of sales over list price

--Percent of sales under list price

--Median days to pending

(Metric availability is based on market coverage and data)

How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.

Nearby Zip Codes

NameMedian ZHVI
98941$443,521
98922$599,454
98943$387,204
98925$464,764
98946$427,033
98068$832,581
98847$486,753
98022$662,816
98045$978,736

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98940 Rental Market Trends

--Average rent in 98940

$1,925National average rent(November 30, 2025)

--Month-over-month change

--Year-over-year change

How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.