97231 Housing Market

$729,104

2.5% 1-yr

The average 97231 home value is $729,104, up 2.5% 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

97231 Key Takeaways

Typical Home Values: $729,104

1-year Value Change: +2.5%

(Data through April 30, 2025)

97231 Housing Market Overview

2.6%1-year Market Forecast(April 30, 2025)

36For sale inventory(April 30, 2025)

6New listings(April 30, 2025)

--Median sale to list ratio

--Median sale price(March 31, 2025)

$634,508Median list price(April 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
98660$474,272
97203$464,272
98665$507,002
98685$605,955
98663$482,796
97229$783,882
97217$511,090
97124$565,612
97210$723,076

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97231 Rental Market Trends

--Average rent in 97231

$2,024National average rent(April 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.