4-week rolling average · Data through March 12, 2026 · ZIP 98033
Kirkland's 98033 zip code is showing a striking gap between the median list price of $1,620,000 and the median sale price of $2,149,995, a strong signal that buyer competition is pushing final prices well above asking. With 429 active listings and a median days on market of 29, the market moves quickly while offering buyers some selection. A competition score of 74 confirms this remains a notably active and contested market.
| Beds | Sale Price | Rent |
|---|---|---|
| 1BR | $550K | $2K/mo |
| 2BR | $899K | $3K/mo |
| 3BR | $1.49M | $4K/mo |
| 4BR | $2.00M | $5K/mo |
| 5BR | $2.92M | $6K/mo |
| 6BR | $2.75M | $10K/mo |
| 8BR | $1.70M | — |
Sellers hold considerable leverage in 98033, where the median sale price of $2,149,995 significantly exceeds the median list price of $1,620,000, suggesting offers are coming in well above asking. With a median of just 29 days on market, well-positioned listings are attracting serious buyers without extended wait times.
Buyers entering the 98033 market should anticipate offering substantially above the list price, given that the median sale price of $2,149,995 sits roughly $530,000 above the median list price of $1,620,000. With 429 active listings available, there is meaningful inventory to evaluate, but the 29-day median days on market means moving with intention is essential.
The median rent of $2,695 measured against a median sale price of $2,149,995 produces a very thin gross yield, making near-term cash flow a significant challenge for most investment strategies in this zip code. Investors with a long-term horizon may find the persistent gap between list and sale prices an encouraging indicator of continued equity appreciation potential.
The current 30-year mortgage rate of 6.37% and 15-year rate of 5.72% carry substantial weight at Kirkland's price points, where financing near the median sale price of $2,149,995 results in significant monthly obligations. Buyers who qualify for the 15-year rate of 5.72% can reduce total interest paid over the life of the loan, though the higher monthly payments on that shorter term require careful budget planning.
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Market intelligence by FarmPosts