98506 Housing Market

$545,946

1.4% 1-yr

The average 98506 home value is $545,946, down 1.4% over the past year. (Updated on 7/31/2026)

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: $545,946

1-Year Value Change: -1.4%

(Data through July 31, 2026)

98506 Housing Market Overview

1-Year Market Forecast: 0.5% (July 31, 2026)

For Sale Inventory: 59 (July 31, 2026)

New Listings: 23 (July 31, 2026)

Median Sale to List Ratio: --

Median Sale Price: --

Median List Price: $631,667 (July 31, 2026)

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, housing data available for download in the Housing Data page)

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$581,608
98505--
98503$490,535
98502$579,635
98351$625,758
98501$552,636
98303$489,395
98327$560,965
98513$509,961

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98506 Rental Market Trends

Average Rent: $2,047 (July 31, 2026)

National Average Rent: $1,962 (July 31, 2026)

Month-Over-Month Change: 0.1% (July 31, 2026)

Year-Over-Year Change: 4% (July 31, 2026)

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.