4-week rolling average · Data through March 12, 2026 · ZIP 98101
The Seattle 98101 market is running warm as of March 2026, with median sale and list prices aligned at $640,000 and 136 active homes for sale. At $823.32 per square foot, buyers are paying a premium for urban Seattle real estate. A median of 49 days on market suggests homes are moving at a measured pace, neither flying off shelves nor sitting idle.
| Beds | Sale Price | Rent |
|---|---|---|
| 1BR | $599K | $2K/mo |
| 2BR | $1.26M | $3K/mo |
| 3BR | $745K | $4K/mo |
| 4BR | $6.50M | — |
With median sale price matching median list price at $640,000, sellers are generally getting what they ask for in this market. The 49-day median days on market means pricing competitively from the start will be key to avoiding prolonged listings.
Buyers in 98101 can expect to pay around $640,000 at the median, with a price per square foot of $823.32 reflecting the premium nature of downtown Seattle. The 49-day median days on market gives buyers a bit more breathing room to evaluate options compared to a frenzied market.
With a median rent of $2,140 and 125 rental units currently available, the rental market in 98101 offers steady demand alongside a sizeable inventory of competing units. A two-bedroom rental fetches a median of $3,049 per month, which investors should weigh against a two-bedroom purchase price of $1,260,000 when evaluating cash flow potential.
The current 30-year mortgage rate of 6.00% and 15-year rate of 5.43% represent a meaningful cost of borrowing on a $640,000 purchase. Buyers who can qualify for the 15-year term would save considerably on interest over the life of the loan, though monthly payments would be higher.
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Market intelligence by FarmPosts