ZIP Code 98121 — Seattle, WA Home Prices (2026)

The typical home in ZIP 98121 (Seattle, Washington) is worth about $545,000 at roughly $657 per square foot — 33% more affordable than the Seattle median and 85% more expensive than the typical U.S. home.

$545,000

Typical home value

$657

Price per sq ft

#22 of 23

Seattle ZIPs by value

-33%

vs Seattle median

How 98121 compares

ZIP 98121 is one of the more affordable ZIP codes in Seattle: its typical home value of $545,000 ranks #22 of the 23 Seattle ZIP codes we track (the citywide range runs from $446,000 in 98134 to $1,362,000 in 98112). Per square foot it costs about $657, against $573 for Seattle as a whole, $317 for Washington, and $195 nationally.

Area	Typical value	$ / sq ft
ZIP 98121	$545,000	$657
Seattle, WA	$811,000	$573
Washington	$519,500	$317
United States	$294,000	$195

Home value by size in 98121

Using this ZIP’s rate of about $657 per square foot. Condition, lot, and the exact street move these meaningfully — use the estimator below for a home-specific figure.

Home size	Estimated value
1,000 sq ft	$657,000
1,500 sq ft	$985,500
2,000 sq ft	$1,314,000
2,500 sq ft	$1,642,500
3,000 sq ft	$1,971,000

Salary needed to buy a home in ZIP 98121

To buy the typical $545,000 home in ZIP 98121 with 20% down, you need a household income of roughly $148,000 a year (about $3,460 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $176,000, because the loan is bigger and mortgage insurance kicks in.

Down payment	Cash down	Monthly payment	Income needed
5% (+PMI)	$27,300	$4,300/mo	$184,000/yr
10% (+PMI)	$54,500	$4,110/mo	$176,000/yr
20%	$109,000	$3,460/mo	$148,000/yr

Assumes a 30-year fixed mortgage at 6.5%, property tax at 1.1% and insurance at 0.45% of value per year, PMI of 0.75% on loans with less than 20% down, and the standard 28% housing-to-income rule. Your rate, taxes, and HOA will move these — run your own numbers in the mortgage calculator.

What your budget buys in ZIP 98121

At about $657 per square foot, here is roughly how much home different budgets get you in ZIP 98121:

Budget	Approx. size	What that looks like locally
$250k	380 sq ft	below the local median — condos, smaller or older homes
$300k	460 sq ft	below the local median — condos, smaller or older homes
$400k	610 sq ft	below the local median — condos, smaller or older homes
$500k	760 sq ft	around the typical home here
$600k	910 sq ft	around the typical home here

Wondering where that budget goes further? The relocation calculator ranks hundreds of U.S. cities by what the same money buys — it opens pre-filled with a typical 98121 home.

Estimate a specific home in 98121

The estimator below is pre-set to ZIP 98121 — pick your home’s size for an instant ballpark, then open the full calculator to adjust beds, baths, and condition.

All Seattle ZIP codes by home value

Where 98121 sits among Seattle’s 23 ZIP codes:

#	ZIP code	Typical value	$ / sq ft
1	98112	$1,362,000	$716
2	98199	$1,249,000	$536
3	98105	$1,171,000	$578
4	98115	$1,050,000	$573
5	98119	$1,045,000	$568
6	98116	$1,001,000	$612
7	98117	$979,000	$566
8	98136	$936,000	$563
9	98103	$910,000	$578
10	98107	$849,000	$574
11	98122	$821,000	$598
12	98125	$811,000	$484
13	98144	$776,000	$505
14	98109	$772,000	$600
15	98102	$759,000	$642
16	98126	$754,000	$465
17	98118	$735,000	$483
18	98108	$690,000	$461
19	98106	$662,000	$456
20	98101	$567,000	$776
21	98104	$545,000	$650
22	98121 (this page)	$545,000	$657
23	98134	$446,000	$400

ZIP 98121 home prices: frequently asked

What is the average home price in ZIP code 98121? +

The typical home in ZIP 98121 (Seattle, WA) is worth about $545,000 as of 2026. That is 33% more affordable than the Seattle median of $811,000 and 85% more expensive than the U.S. median of $294,000.

What is the price per square foot in 98121? +

About $657 per square foot in 98121, versus $573 across Seattle and $317 across Washington. At that rate a 1,500 sq ft home runs roughly $985,500 and a 2,500 sq ft home about $1,642,500.

What salary do you need to buy a house in ZIP 98121? +

For the typical $545,000 home in ZIP 98121, a household income of about $148,000 a year covers the payment with 20% down (a 30-year fixed at 6.5%, plus taxes and insurance, under the 28% rule). With 10% down you need roughly $176,000; with 5% down about $184,000.

Is 98121 an expensive ZIP code? +

Within Seattle, 98121 ranks #22 of 23 ZIP codes by typical home value, which makes it one of the more affordable ZIP codes in Seattle. Nationally it is relatively expensive.

See the full Seattle home values page, all Washington cities, or price per square foot by ZIP code nationwide.

Directional estimates from public market data (Realtor.com & Zillow research), not appraisals. A single ZIP contains very different homes; actual values vary and change over time.