Real Estate Market Report

Seattle, WA 98121

Single-Family Homes

John L Scott Real Estate | 206-650-0415 | vand@johnlscott.com



Current active inventory in Seattle, WA 98121 is very low. Keep this in mind when looking at this report.

Seattle, WA 98121

Sat Dec 13 2025
This week the median list price for Seattle, WA 98121 is $650,000 with the market action index hovering around 7. This is less than last month's market action index of 11. Inventory has held steady at or around 1. Click here to stay informed with the Seattle market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Buyer's Market

Market Narrative

The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Seattle, WA 98121

Sat Dec 13 2025
This week the median list price for Seattle, WA 98121 is $650,000 with the market action index hovering around 7. This is less than last month's market action index of 11. Inventory has held steady at or around 1. Click here to stay informed with the Seattle market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Buyer's Market

Market Narrative

The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the Seattle market.
Median List Price $650,000
Median Price of New Listings $0
Per Square Foot $358
Average Days on Market 238
Median Days on Market 238
Price Decreased 0%
Price Increased 0%
Relisted 100%
Inventory 1
Median Rent
Market Action 7
Strong Buyer's Market

We continue to see prices in this zip code hover around their high point. Look for a persistent shift in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$650,000 1,813 0 - 4,500 sqft 2 3 20 0 0 238
$0 0 - NaN 0 NaN 0 0 NaN
$0 0 - NaN 0 NaN 0 0 NaN
$0 0 - NaN 0 NaN 0 0 NaN