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Seattle city, WA

ZIP 98105 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 98105

Median Home Value
$1,261,100
Median Rent
$1,650
Affordability Snapshot
$347,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$8,101/mo PITI).

25%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

16.0x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

63.7 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 98105 in Seattle city, WA, a household would need roughly $347,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $8,101. That is about 341% above the local median household income ($78,691), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 12% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
33.1%-49% vs US avg
x
Vacancy Rate
12.0%+17% vs US avg
x
Broadband Access
92.1%+6% vs US avg
x
4+ Bedrooms
5.9%-60% vs US avg
x
Built Pre-1939
6.0%-53% vs US avg
x
Built Post-2014
0.9%-87% vs US avg
x
Rent Burden >30%
34.3%-31% vs US avg
x
Mortgage-Free
34.5%-10% vs US avg
x
$1,261,100
Home Value
$1,650
Rent
1975
Year Built
2019
Moved In

Residents have lived here since ~2019 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached32.1%
  • 1-unit attached3.9%
  • 2-9 units14.1%
  • 10+ units49.6%
  • Mobile home & other0.4%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$1,261,100
Median rent$1,650
Owner-occupied33.1%
Vacant12.0%
Price-to-income16.0x
Est. income to buy$347,000