The 98118 housing market is very competitive. Homes in 98118 receive 2 offers on average and sell in around 21 days. The median sale price of a home in 98118 was $748K last month, up 5.6% since last year. The median sale price per square foot in 98118 is $521, up 10.1% since last year.
In March 2024, 98118 home prices were up 5.6% compared to last year, selling for a median price of $748K. On average, homes in 98118 sell after 21 days on the market compared to 39 days last year. There were 98 homes sold in March this year, up from 80 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$747,500
+5.6% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
98118, WA
$747,500
+5.6%
United States
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How hot is the 98118 housing market?
98118 is very competitive. Homes sell in 10 days.
0
100
84
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% above list price and go pending in around 10 days.
Hot homes
can sell for about 2% above list price and go pending in around 5 days.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
7/10
Wing Luke Elementary School
Public • K-5
331
Students
N/A
6/10
Graham Hill Elementary School
Public • PreK-5
322
Students
6 reviews
6/10
Hawthorne Elementary School
Public • PreK-5
403
Students
15 reviews
5/10
Orca K-8 School
Public • K-8 • Choice school
395
Students
16 reviews
4/10
The New School At South Shore
Public • PreK-8 • Choice school
583
Students
12 reviews
Only showing 5 of
9 elementary schools.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on 98118 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 98118.
Risk Factor
Flood Factor - Moderate
10% of properties are at risk of severe flooding over the next 30 years
Flood Factor
98118 has a moderate risk of flooding. 920 properties in 98118 are likely to be
severely affected
by flooding over the next 30 years. This represents 10% of all properties in 98118. Flood risk is increasing slower than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
98118 has a minor risk of wildfire. There are 31 properties in 98118 that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in 98118.