98816 Housing Market

$479,165

4.0% 1-yr

The average 98816 home value is $479,165, down 4.0% 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

98816 Key Takeaways

Typical Home Values: $479,165

1-year Value Change: -4.0%

(Data through July 31, 2025)

98816 Housing Market Overview

1.7%1-year Market Forecast(July 31, 2025)

128For sale inventory(July 31, 2025)

26New listings(July 31, 2025)

--Median sale to list ratio

--Median sale price(June 30, 2025)

$816,333Median list price(July 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
98831$726,806
98822$464,195
98846$455,414
98817--
98814$509,113
98843$705,205
98834$365,303
98812$323,722
98858$325,945

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98816 Rental Market Trends

$1,850Average rent in 98816(July 31, 2025)

$2,072National average rent(July 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.