4-week rolling average · Data through March 12, 2026 · ZIP 98103
The 98103 zip code in Seattle is running hot, with a median sale price of $1,095,000 that sits notably above the median list price of $925,000, signaling strong buyer competition and frequent above-ask offers. At just 14 days on market and a market temperature score of 88 out of 100, homes are moving quickly in this neighborhood. With 258 active listings and a median price per square foot of $625, supply remains limited relative to demand.
| Beds | Sale Price | Rent |
|---|---|---|
| 1BR | $352K | $2K/mo |
| 2BR | $725K | $3K/mo |
| 3BR | $996K | $4K/mo |
| 4BR | $1.30M | $5K/mo |
| 5BR | $1.14M | $4K/mo |
| 6BR | $1.40M | — |
| 7BR | $1.37M | — |
| 8BR | $1.90M | — |
Sellers in 98103 are in a strong position, as homes are selling for a median of $170,000 above the median list price of $925,000. With a median days on market of just 14 days, well-priced homes are attracting buyers quickly and leaving little room for prolonged negotiation.
Buyers should be prepared to move fast and offer above asking price, given that the median sale price of $1,095,000 significantly exceeds the median list price of $925,000 in this market. With only 258 active listings available, competition is fierce and having financing secured in advance is essential.
The rental market in 98103 shows a median rent of $1,909 against a median sale price of $1,095,000, which produces a modest gross yield that investors should evaluate carefully against carrying costs. A 3-bedroom rental commands $3,650 per month while the median 3-bedroom sale price sits at $995,950, making unit size selection a critical factor in any investment analysis.
The current 30-year fixed mortgage rate of 6.00% translates to a substantial monthly payment on a $1,095,000 home, and buyers should model their budgets carefully before entering this high-priced market. Those who can qualify may find the 15-year fixed rate of 5.43% a cost-saving alternative, though the higher monthly payments on a shorter term require strong income to support.
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Market intelligence by FarmPosts