97231 Housing Market

$693,160

0.4% 1-yr

The average 97231 home value is $693,160, down 0.4% 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: $693,160

1-year Value Change: -0.4%

(Data through October 31, 2025)

97231 Housing Market Overview

0.2%1-year Market Forecast(October 31, 2025)

43For sale inventory(October 31, 2025)

6New listings(October 31, 2025)

--Median sale to list ratio

--Median sale price(September 30, 2025)

$753,167Median list price(October 31, 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$457,773
97203$443,408
98665$490,520
98685$584,683
98663$464,653
97229$733,839
97217$488,689
97124$536,827
97210$678,072

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97231 Rental Market Trends

--Average rent in 97231

$1,949National average rent(October 31, 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.