98407 Housing Market

$642,518

0.3% 1-yr

The average 98407 home value is $642,518, up 0.3% over the past year and goes to pending in around 6 days.

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

98407 Key Takeaways

Typical Home Values: $642,518

1-year Value Change: +0.3%

(Data through May 31, 2025)

98407 Housing Market Overview

2.1%1-year Market Forecast(May 31, 2025)

64For sale inventory(May 31, 2025)

36New listings(May 31, 2025)

1.002Median sale to list ratio(April 30, 2025)

$639,167Median sale price(April 30, 2025)

$714,650Median list price(May 31, 2025)

41.8%Percent of sales over list price(April 30, 2025)

36.3%Percent of sales under list price(April 30, 2025)

6Median days to pending(May 31, 2025)

(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
98406$622,873
98416--
98465$588,200
98403$712,297
98405$465,575
98402$454,888
98477--
98466$637,448
98335$881,351

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98407 Rental Market Trends

$1,927Average rent in 98407(May 31, 2025)

$2,049National average rent(May 31, 2025)

1.5%Month-over-month change(May 31, 2025)

1.2%Year-over-year change(May 31, 2025)

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.