LatestCoverageAll 50 states, D.C. and five territories now on the ledger|NewPuerto Rico's 78 municipios ledgered, municipio by municipio|FeatureAssessment appeal workspace — build a filing package from your own evidence|FeatureLiving reports — versioned, re-runnable, exportable|DevelopersMetered REST gateway · issued keys · signed webhooks|Live market readings · refreshed on loadAlbuquerque · NMMedian List$360K+2.5%|Austin · TXMedian List$550K-1.0%|Baltimore · MDMedian List$225K-6.3%|Bernalillo County · NMMedian List$364K+2.7%|Bexar County · TXMedian List$303K+3.7%|Boston · MAMedian List$859K+3.4%|Charlotte · NCMedian List$430K-0.1%|Chicago · ILMedian List$426K+9.3%|Clark County · NVMedian List$447K+0.1%|Columbus · OHMedian List$300K+0.6%|Cook County · ILMedian List$348K+5.1%|Dallas · TXMedian List$449K-0.1%|Davidson County · TNMedian List$465K-1.1%|Denver · COMedian List$569K+1.6%|Detroit · MIMedian List$105K-2.8%|Duval County · FLMedian List$297K-2.3%|El Paso · TXMedian List$260K+3.7%|Fort Worth · TXMedian List$332K-2.1%|Franklin County · OHMedian List$320K+3.2%|Fresno · CAMedian List$375K+2.1%|Harris County · TXMedian List$327K+0.6%|Houston · TXMedian List$340K+0.6%|Indianapolis · INMedian List$260K+2.3%|Jackson County · MOMedian List$275K+7.0%|Jacksonville · FLMedian List$309K-2.1%|Jefferson County · KYMedian List$248K-4.3%|Kansas City · MOMedian List$240K+4.3%|King County · WAMedian List$850K-4.0%|Las Vegas · NVMedian List$440K-1.1%|Los Angeles · CAMedian List$950K-0.5%|Louisville · KYMedian List$275K0.0%|Maricopa County · AZMedian List$458K-0.4%|Marion County · INMedian List$259K+3.7%|Mecklenburg County · NCMedian List$407K-5.3%|Memphis · TNMedian List$202K+2.5%|Mesa · AZMedian List$450K-3.1%|Milwaukee · WIMedian List$243K+5.7%|Multnomah County · ORMedian List$518K-1.2%|Nashville · TNMedian List$480K+1.0%|New York · NYMedian List$899K+0.5%|Oklahoma City · OKMedian List$275K-0.6%|Oklahoma County · OKMedian List$259K-0.7%|Philadelphia · PAMedian List$249K+0.3%|Phoenix · AZMedian List$480K0.0%|Pima County · AZMedian List$373K+0.9%|Portland · ORMedian List$640K-6.0%|Sacramento · CAMedian List$510K+4.0%|San Antonio · TXMedian List$236K-1.2%|San Diego · CAMedian List$994K+4.2%|San Francisco · CAMedian List$1.4M+1.7%|San Jose · CAMedian List$1.3M-11.9%|Santa Clara County · CAMedian List$1.3M+0.1%|Seattle · WAMedian List$874K-2.8%|Shelby County · TNMedian List$259K-2.4%|Suffolk County · MAMedian List$857K+7.3%|Tarrant County · TXMedian List$385K-1.2%|Travis County · TXMedian List$497K-5.3%|Tucson · AZMedian List$324K-0.9%|Wayne County · MIMedian List$160K0.0%|LatestCoverageAll 50 states, D.C. and five territories now on the ledger|NewPuerto Rico's 78 municipios ledgered, municipio by municipio|FeatureAssessment appeal workspace — build a filing package from your own evidence|FeatureLiving reports — versioned, re-runnable, exportable|DevelopersMetered REST gateway · issued keys · signed webhooks|Live market readings · refreshed on loadAlbuquerque · NMMedian List$360K+2.5%|Austin · TXMedian List$550K-1.0%|Baltimore · MDMedian List$225K-6.3%|Bernalillo County · NMMedian List$364K+2.7%|Bexar County · TXMedian List$303K+3.7%|Boston · MAMedian List$859K+3.4%|Charlotte · NCMedian List$430K-0.1%|Chicago · ILMedian List$426K+9.3%|Clark County · NVMedian List$447K+0.1%|Columbus · OHMedian List$300K+0.6%|Cook County · ILMedian List$348K+5.1%|Dallas · TXMedian List$449K-0.1%|Davidson County · TNMedian List$465K-1.1%|Denver · COMedian List$569K+1.6%|Detroit · MIMedian List$105K-2.8%|Duval County · FLMedian List$297K-2.3%|El Paso · TXMedian List$260K+3.7%|Fort Worth · TXMedian List$332K-2.1%|Franklin County · OHMedian List$320K+3.2%|Fresno · CAMedian List$375K+2.1%|Harris County · TXMedian List$327K+0.6%|Houston · TXMedian List$340K+0.6%|Indianapolis · INMedian List$260K+2.3%|Jackson County · MOMedian List$275K+7.0%|Jacksonville · FLMedian List$309K-2.1%|Jefferson County · KYMedian List$248K-4.3%|Kansas City · MOMedian List$240K+4.3%|King County · WAMedian List$850K-4.0%|Las Vegas · NVMedian List$440K-1.1%|Los Angeles · CAMedian List$950K-0.5%|Louisville · KYMedian List$275K0.0%|Maricopa County · AZMedian List$458K-0.4%|Marion County · INMedian List$259K+3.7%|Mecklenburg County · NCMedian List$407K-5.3%|Memphis · TNMedian List$202K+2.5%|Mesa · AZMedian List$450K-3.1%|Milwaukee · WIMedian List$243K+5.7%|Multnomah County · ORMedian List$518K-1.2%|Nashville · TNMedian List$480K+1.0%|New York · NYMedian List$899K+0.5%|Oklahoma City · OKMedian List$275K-0.6%|Oklahoma County · OKMedian List$259K-0.7%|Philadelphia · PAMedian List$249K+0.3%|Phoenix · AZMedian List$480K0.0%|Pima County · AZMedian List$373K+0.9%|Portland · ORMedian List$640K-6.0%|Sacramento · CAMedian List$510K+4.0%|San Antonio · TXMedian List$236K-1.2%|San Diego · CAMedian List$994K+4.2%|San Francisco · CAMedian List$1.4M+1.7%|San Jose · CAMedian List$1.3M-11.9%|Santa Clara County · CAMedian List$1.3M+0.1%|Seattle · WAMedian List$874K-2.8%|Shelby County · TNMedian List$259K-2.4%|Suffolk County · MAMedian List$857K+7.3%|Tarrant County · TXMedian List$385K-1.2%|Travis County · TXMedian List$497K-5.3%|Tucson · AZMedian List$324K-0.9%|Wayne County · MIMedian List$160K0.0%|
Property-class scope

The story of this market

The typical home in ZIP 98117 sells for about $1,028,100, or $666 per square foot.

Prices are down 2.8% from a year ago, which gives buyers more room to negotiate. Homes take about 15 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $2,178 a month.

ZIP market report · consumer edition · quarterly refresh
Track this ZIP

ZIP 98117 — Seattle

King County →Seattle marketrefreshed Sep 20, 2026next refresh Oct 20, 2026
Market mood · cautiously optimistic

The 98117 housing market remains resilient despite a slight year-over-year price correction, reflecting broader Seattle trends of cooling demand. High median home values and low inventory continue to support price stability, though buyers are finding more leverage than in previous years. The area remains highly desirable due to its unique waterfront character and strong local amenities.

Who this ZIP fits

This ZIP is ideal for established families and professionals who value proximity to the waterfront and a vibrant, walkable urban village atmosphere. It is less suited for those seeking entry-level pricing due to the high median home values.

Parent geography
Aerial view · ZIP boundaries2020 Census ZCTA boundary over current aerial imagery
Leaflet Imagery © Esri, Maxar, Earthstar Geographics
Land area · 10.3 km²Water area · 1.7 km²U.S. Census Bureau TIGERweb — 2020 Census ZCTA5 boundary
Median sale price
$1,028,100
-2.8% year over year
Corroborated · 1 anchor · 0% off nearest
Days on market
15 days
Active listings
96
Listings with price cuts
20%
share of active listings
Sale-to-list ratio
98.5%
of asking price
ZIP Market ScoreZIP-SCORE-1.3 · 4/4 sections graded
73
Composite · average of graded sections
Computed only from this report's published readings — sections without data are excluded, never estimated.
36
Growth/100

Median prices moved down 2.8% year over year.

88
Liquidity/100

Homes spend a median of 15 days on market with 3.2 months of supply — a fast-moving market.

69
Momentum/100

20% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.

98
Safety & stability/100

no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.5% · poverty 4.6% — a stable, low-distress profile.

Median price · ten-year history

Researched annual trajectory for this ZIP, from published historical series

2015201620172018201920202021202220232024202520272029$500,000$750,000$1,000,000$1,250,000$1,500,000

Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 7.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.

Property tax · ten-year history

Median annual property tax paid on this ZIP's residential parcels

2015201620172018201920202021202220232024202520272029$4,000$6,000$8,000$10,000$12,000

Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.

Census trends · population flowsACS 2020-2024 5-year estimates
Population change
+0.5%

versus the prior ACS vintage

Net migration
+120 people

net influx — more people moved in than out

Population base
35,711

ZCTA 98117, King County WA

Immigration & foreign-bornU.S. Census Bureau ACS · ZIP granular
Foreign-born share
13.4%
Foreign-born residents
4,774
Naturalized (of foreign-born)
53.2%
Non-citizens (of population)
6.3%
Entered 2010 or later (of foreign-born)
32.4%
World region of birth (foreign-born)
Asia
35.7%
Europe
27.7%
Americas
26.7%
Oceania
5.3%
Africa
4.6%

ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.

Area context
Crime & safety

Crime in the Ballard and Loyal Heights area is generally consistent with urban Seattle trends, with property crime being the primary concern. Residents typically experience moderate safety levels compared to the broader city center.

Schools & education

The area is served by Seattle Public Schools, which generally maintains high academic standards and strong community engagement. Schools like Ballard High and North Beach Elementary are well-regarded within the district.

Environmental & hazard

The area faces minimal wildfire risk but is subject to standard Pacific Northwest seismic and wind event considerations. Flood risk is primarily localized to low-lying coastal areas near the Puget Sound.

Growth & development

Economic momentum is driven by proximity to Seattle's major tech hubs and the Ballard maritime industrial district. Infrastructure improvements focus on transit connectivity and urban density in the surrounding neighborhoods.

Taxation

Property taxes are assessed by King County based on market value, with rates determined by local levies and state school funding requirements. No state income tax applies, but local sales and utility taxes are standard.

Transportation & commute

Commuters typically utilize the RapidRide D Line or drive via 15th Ave NW to reach downtown Seattle. The commute is highly dependent on traffic congestion along major arterial corridors.

Recreation & amenities

The ZIP features extensive access to the Puget Sound waterfront, Golden Gardens Park, and the Ballard Locks. Shopping and dining are concentrated in the historic Ballard Avenue district.

Rental market

The rental market is competitive with a high demand for 1-bedroom units. Vacancy rates remain low due to the area's popularity with young professionals and proximity to major employers.

Economy & employers

The economy is anchored by the maritime industry, local retail, and proximity to Seattle's broader tech and healthcare sectors. Employment is diverse with a strong focus on small business and professional services.

Transportation & infrastructure

Served by King County Metro with frequent bus service to downtown. Major corridors include 15th Ave NW and Leary Ave NW.

Development pipeline

Ongoing urban infill projects focus on multi-family residential developments along major transit corridors. The Ballard Link light rail project remains the most significant long-term infrastructure focus.

Special districts

Parcels are subject to Seattle Public Schools and King County taxing districts. No major MUDs or PIDs are present.

Insurance & hazard market

Standard property insurance market with typical Pacific Northwest hazard coverage. Premiums are stable but reflect regional seismic and water-damage risks.

Discovery profileACS 2020-2024 5-year estimates
Census profile · ZCTA 98117, King County WA
Population
35,711
Median age
40.2 yrs
Owner-occupancy
62%
Median home value
$1,028,100
Median gross rent
$2,450
Median household income
$138,500
Median year built
1950
Vacancy rate
4.5%
Renter share
38%
Owner cost burden
22%
Renter cost burden
35%
Population change
+0.5%
Net migration
120
Work-from-home share
35%
Mean commute
28 min
Bachelor's or higher
72%
Unemployment
2.5%
Poverty rate
4.6%
Avg household size
2.3
White
78%
Asian
10%
Hispanic
5%
Two or more
5%
Other
2%

Data retrieved from US Census Bureau ZCTA profiles.

Public schools with an address here · 3

Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.

Ballard High SchoolHigh8/10Seattle Public SchoolsHighly rated comprehensive high school.
Whittier Elementary SchoolElementary7/10Seattle Public SchoolsStrong community-focused elementary school.
Whitman Middle SchoolMiddle6/10Seattle Public SchoolsServes the broader Ballard area.
School districts
Seattle Public SchoolsB+Large urban district serving the entire city of Seattle.
Utilities & services
ElectricSeattle City LightPublicly owned utility.
Natural GasPuget Sound EnergyRegional provider.
Water/SewerSeattle Public UtilitiesMunicipal service.
InternetVariousMultiple providers including Xfinity and CenturyLink.
Major employers & industries
Ballard Maritime IndustryMaritimeMajor regional employer cluster.
Swedish Medical CenterHealthcareSignificant regional employer.
Major amenities · ZIP 98117
Entertainment venues, stadiums & amphitheaters
15 · 20 mi
Family fun & things to do
20+ · 13 mi
Museums, galleries & history
20+ · 20 mi
Parks, trails & nature
20+ · 13 mi
Lakes, marinas & beaches
13 · 20 mi
Shopping & dining districts
7 · 13 mi

Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.

Amenities & attractions3 retained amenities · 1 development on the horizon
Inside this ZIP
Golden Gardens Park
Park

Popular beach park with views of the Olympic Mountains.

Ballard Locks
Landmark

Historic site connecting Puget Sound to the Ship Canal.

Ballard Avenue
Shopping/Dining

Historic district known for boutiques and restaurants.

On the horizon · announced & under construction
Ballard Link ExtensionInfrastructurePlanningProposed light rail expansion to connect Ballard to downtown.
Sources · 5 cited

Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.