98405 Housing Market

$452,303

1.5% 1-yr

The average 98405 home value is $452,303, down 1.5% 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

98405 Key Takeaways

Typical Home Values: $452,303

1-year Value Change: -1.5%

(Data through October 31, 2025)

98405 Housing Market Overview

0.1%1-year Market Forecast(October 31, 2025)

72For sale inventory(October 31, 2025)

27New listings(October 31, 2025)

--Median sale to list ratio

--Median sale price(September 30, 2025)

$446,648Median 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
98416--
98477--
98402$434,546
98403$692,022
98455--
98460--
98450--
98413--
98418$405,998

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98405 Rental Market Trends

$1,712Average rent in 98405(October 31, 2025)

$1,949National average rent(October 31, 2025)

0.8%Month-over-month change(October 31, 2025)

5.4%Year-over-year change(October 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.