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Seattle city, WA

ZIP 98119 — Housing & Real Estate

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

Upper Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 98119

Median Home Value
$1,032,500
Median Rent
$1,869
Affordability Snapshot
$284,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$6,633/mo PITI).

18%
Rent-to-Income Ratio

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

8.3x
Home Price-to-Income Ratio

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

46.0 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 98119 in Seattle city, WA, a household would need roughly $284,000 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 $6,633. That is about 127% above the local median household income ($125,021), 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

Diverse housing tenure.

Heating Fuel
Housing Metrics
Owner Occupied
39.3%-40% vs US avg
x
Vacancy Rate
9.5%-7% vs US avg
x
Broadband Access
96.9%+11% vs US avg
x
4+ Bedrooms
3.1%-79% vs US avg
x
Built Pre-1939
4.9%-62% vs US avg
x
Built Post-2014
0.8%-88% vs US avg
x
Rent Burden >30%
12.3%-75% vs US avg
x
Mortgage-Free
26.7%-30% vs US avg
x
$1,032,500
Home Value
$1,869
Rent
1968
Year Built
2018
Moved In

Residents have lived here since ~2018 on average

Housing Structure

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

  • 1-unit detached23.3%
  • 1-unit attached4.8%
  • 2-9 units15.4%
  • 10+ units56.3%
  • Mobile home & other0.1%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$1,032,500
Median rent$1,869
Owner-occupied39.3%
Vacant9.5%
Price-to-income8.3x
Est. income to buy$284,000