98506 Housing Market

$543,842

0.1% 1-yr

The average 98506 home value is $543,842, down 0.1% 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

98506 Key Takeaways

Typical Home Values: $543,842

1-year Value Change: -0.1%

(Data through June 30, 2025)

98506 Housing Market Overview

1.4%1-year Market Forecast(June 30, 2025)

44For sale inventory(June 30, 2025)

19New listings(June 30, 2025)

--Median sale to list ratio

--Median sale price(May 31, 2025)

$638,500Median list price(June 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
98516$589,309
98505--
98503$489,629
98502$585,650
98351$626,196
98501$557,110
98303$494,437
98327$560,518
98513$511,384

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98506 Rental Market Trends

--Average rent in 98506

$2,069National average rent(June 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.