Zip Code:

98105, Seattle, WA

98105 is a Washington Zip code within the city of Seattle and the county of King County. Its population is roughly 50,434.

The Real Estate Market in the 98105 Zip Code of Seattle, WA

The 98105 zip code of Seattle, WA has a median home value of $481,000 and a median home equity value of $236,000. This is higher than the median home value of $385,000 and median home equity value of $214,500 for all zip codes in Washington state. The 98105 zip code also has a higher than average percentage of homes with a mortgage at 97%. This may be due to the high level of home values and the availability of mortgages in this area.

There are many factors that can affect the price or equity of a home. Some factors that may influence the price or equity of a home include: location (near major cities or suburbs), size (smaller homes are more expensive than larger homes), condition (a well-maintained house will typically have a higher price tag than an older or less-maintained house), age (newer homes are usually more expensive than older homes), and amenities (luxury features like pools or gated communities can increase the cost).

The 98105 zip code is located in Seattle's downtown core which may contribute to its high level of prices and equity. Additionally, Seattle is one of the most popular cities in America to live in and is known for its excellent quality of life. This may also contribute to its high level prices and equity. The 98105 zip code also has a high percentage (>90%)of households with children which may lead to increased demand for housing near schools and other amenities that families need.

Price Index: Seattle-Bellevue-Kent, WA (MSAD)

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