Area data
Seattle, WA — ZIP 98116
Population: 28,711 (Census ACS)
The median home value in ZIP 98116 (Seattle, WA) is $1.00M — down 0.9% over the past year. Homes sell for a median $1.02M after a median 26 days on market. Typical rent runs $2,364/month. 5 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Very High, with avalanche, earthquake, inlandflooding the top-rated hazards. Cost of living is 7.5% above the US average (BEA, metro/state-level).
$1.00M
Median home value
-0.9%
1-year change
26
Median days on market
Very High
Hazard risk (county)
Home values & appreciation
- Median home value
- $1.00M
- 1-year appreciation
- -0.9%
- 3-year appreciation
- +4.8%
- 5-year appreciation
- +8.9%
- 10-year appreciation
- +48.6%
- All-time peak (2022-06)
- $1.04M
- House Price Index (state)
- 588.1 (+2.2% YoY)
Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)
Market activity
- Median sale price
- $1.02M
- Median list price
- $885,000
- Median price per sqft
- $562
- 1-year sale-price change
- +20.0%
- Median days on market
- 26 days
- Homes sold (recent period)
- 12
- For-sale inventory
- 94
- Sale-to-list ratio
- 98.4%
- Active listings
- 15
- 1-year forecast
- -1.0%
- Days to pending
- 27 days
- New listings (monthly)
- 38
Source: recent area sales and market data (ZIP-level)
Rents
- Typical rent
- $2,364/mo
- 1-year rent change
- +2.2%
- Studio fair-market rent
- $2,160/mo
- 1BR fair-market rent
- $2,230/mo
- 2BR fair-market rent
- $2,600/mo
- 3BR fair-market rent
- $3,400/mo
- 4BR fair-market rent
- $4,000/mo
Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)
Affordability
- Cost of living index (Above Average)
- 107.5 (100 = US avg)
- Electricity rate (state-level)
- 13.1¢/kWh
- Natural gas rate (state-level)
- $17.60/MCF
- 30-year mortgage rate (national)
- 6.66%
- 15-year mortgage rate (national)
- 6.00%
Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)
Schools
- Total schools
- 5
- Elementary schools
- 3
- Middle schools
- 1
- High schools
- 1
- Schools include
- Alki Elementary School, Lafayette Elementary School, Madison Middle School, Genesee Hill Elementary, West Seattle High School
Source: NCES school directory, 2022-23 (school-address-based)
Natural hazards & flood risk
- Overall hazard risk (county)
- Very High
- Top hazards (county)
- avalanche, earthquake, inlandFlooding, heatWave, iceStorm
- Notable hazard ratings (county)
- avalanche: Very High · coastalFlooding: Relatively Moderate · coldWave: Relatively Low · earthquake: Very High · heatWave: Relatively High · iceStorm: Relatively High
- FEMA flood zone
- C
- Flood risk level
- Minimal
- Wildfire risk to homes (county)
- Higher than 65% of US counties
- Buildings in wildfire direct-exposure zone
- 14.8%
- Radon potential (county)
- Low radon potential — EPA Zone 3 of 3
- EPA Superfund (NPL) sites within 5 mi
- 3
- Nearest Superfund site
- Pacific Sound Resources (1.7 mi)
Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL
Climate (30-year normals)
- Annual precipitation
- 48.9 in
- USDA plant hardiness zone
- 9a (extreme annual low 20 to 25°F)
Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)
Air quality
- Air quality rating
- Good
- Median AQI (annual)
- 46
- Days with Good air quality
- 214
- Days with Moderate air quality
- 145
- Days with Unhealthy air quality
- 1
- Highest AQI recorded (year)
- 165
Source: EPA air quality data (nearest monitoring station, annual)
Walkability & transit
- Walkability index
- 16.2 / 20
- Transit service frequency
- 215
- Jobs reachable by car (30 min)
- 111,611
- Jobs reachable by transit (45 min)
- 68,252
Source: EPA Smart Location Database (metropolitan block groups)
Amenities
- National parks within ~60 mi
- 4
- Nearest national park
- Klondike Gold Rush - Seattle Unit National Historical Park (4 mi)
- National parks include
- Klondike Gold Rush - Seattle Unit National Historical Park, Wing Luke Museum Affiliated Area, Ebey's Landing National Historical Reserve
- Airports within 30 mi
- 28
- Nearest airport
- King County International Airport - Boeing Field (BFI) (6 mi)
- Nearest major airport
- King County International Airport - Boeing Field (BFI) (6 mi)
- Hospitals nearby (~15 mi)
- 15
- Hospitals include
- VIRGINIA MASON MEDICAL CENTER, HIGHLINE MEDICAL CENTER, SWEDISH MEDICAL CENTER / CHERRY HILL
- Avg hospital rating (CMS)
- 3.3 / 5
- Best hospital rating nearby (CMS)
- 5.0 / 5
- Solar radiation rating
- Poor (3.4 kWh/m²/day)
Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)
Migration
- Net migration (county)
- -5,092 tax filers
Source: IRS county-to-county migration data (county-level, ~12-month lag)
Housing stock
- Median year housing built
- 1,974
- Housing built before 1970
- 46.6%
- Housing built 2000 or later
- 28.9%
- Median annual property tax
- $7,546
- Mean commute to work
- 19 min
- Households with broadband internet
- 90.2%
Source: Census ACS 5-year estimates (ZIP-level)
Employment & development
- Total county employment
- 1,282,761
- Average weekly wage
- $2,389
- Top industries (by employment)
- Health Care, Professional Services, Information
- Annual residential building permits (county)
- 2,030
Sources: BLS QCEW (county-level) · Census Building Permits (county-level)
How it compares
| ZIP 98116 | State median | US median | |
|---|---|---|---|
| Median home value | $1.00M | $504,993 | $289,727 |
| Median sale price | $1.02M | $510,000 | $325,000 |
| Median days on market | 26 days | 29 days | 51 days |
| Typical rent | $2,364/mo | $2,041/mo | $1,808/mo |
| Median annual property tax | $7,546 | $3,381 | $2,006 |
State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.
Area data compiled from public government, academic, and industry research feeds. Data sources →
Common questions
- What is the median home value in ZIP 98116?
- $1.00M.
- What is the median sale price in ZIP 98116?
- $1.02M.
- How long do homes take to sell in ZIP 98116?
- Median days on market: 26 days.
- What is typical rent in ZIP 98116?
- Typical rent: $2,364/month.
- What is the natural-hazard risk in ZIP 98116?
- Overall risk: Very High (FEMA NRI, county-level). Top hazards: avalanche, earthquake, inlandFlooding, heatWave, iceStorm.
- Is ZIP 98116 in a flood zone?
- Minimal (FEMA NFIP). FEMA flood zone C.
- What is the wildfire risk in ZIP 98116?
- Risk to homes is higher than 65% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
- What is the radon potential in ZIP 98116?
- Low radon potential — EPA Zone 3 of 3, county-level. EPA recommends testing every home regardless of zone.
- Are there Superfund sites near ZIP 98116?
- 3 current or proposed National Priorities List sites within 5 miles (EPA). Nearest site: Pacific Sound Resources, 1.7 mi.
- How many schools serve ZIP 98116?
- 5 schools (3 elementary, 1 middle, 1 high) (NCES, 2022-23).
- Is ZIP 98116 walkable?
- Walkability index: 16.2/20 (EPA Smart Location Database).
- What is the air quality in ZIP 98116?
- Good. Median AQI: 46. (EPA AQI).
- What is the cost of living in ZIP 98116?
- Regional Price Parity: 107.5 (100 = US average) (Above Average) (BEA RPP, metro/state-level).
Nearby ZIP codes
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Data last updated
Most recent source refresh: Sep 2026. See all data sources →