How much is a home worth in ZIP code 98027?

The typical home in 98027 is worth $1,209,396, based on the Zillow Home Value Index.

Are home values rising in 98027?

Home values in 98027 are down 1.7% over the past year, and up 5.4% a year over five years.

What is the typical rent in 98027?

A typical home in 98027 rents for about $2,618 a month, a gross rental yield of 2.6%.

What is the property tax rate in 98027?

The effective property tax rate in 98027 is 0.7% — roughly $9,003 a year on a typical home.

ZIP code 98027 has a population of 28,955 and a median household income of $153,301.

HousingHandbookReference data

…

U.S. ZIP Code · WA98027

King County · Seattle-Tacoma-Bellevue, WA

Typical home value

$1,209,396^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -1.7%
5-year / yr: +5.4%
10-year / yr: +7.5%

Relative price

vs U.S.: +325.7%
vs metro: +76.3%
vs state: +140.3%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 98027 is worth $1,209,396 — 76.3% above the Seattle-Tacoma-Bellevue, WA median. Over the past year, values have fallen 1.7%. Homes here rent for a typical $2,618 a month — a 2.6% gross rental yield. The effective property tax rate is 0.7%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $2,618^[2]
Gross yield: 2.6%^[2]
Cap rate: 1.6%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 0.7%^[3]
Typical annual tax: $9,003^[3]

#Climate risk

FEMA National Risk Index ratings for King County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Very High^[4]
Riverine flood: Very High
Coastal flood: Relatively Moderate
Wildfire: Relatively Low
Drought: Very Low
Heat wave: Relatively High
Hurricane: Not Applicable
Tornado: Relatively Moderate
Earthquake: Very High
Winter weather: Relatively High

#Who lives here

Population: 28,955^[3]
Median household income: $153,301^[3]

#Migration

Household moves in and out of King County over a year, from IRS tax-return data.

Net migration: -1,324^[5]
Moved in: 67,282
Moved out: 68,606

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 7
Elementary: 2
Middle: 2
High: 2

Issaquah High School
High · Grades 9–12 · Issaquah School District
2,452 students
Issaquah Middle School
Middle · Grades 6–8 · Issaquah School District
768 students
Cougar Mountain Middle School
Middle · Grades 6–8 · Issaquah School District
621 students
Issaquah Valley Elementary
Elementary · Grades K–5 · Issaquah School District
620 students
Clark Elementary
Elementary · Grades K–5 · Issaquah School District
601 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield2.6%

Net yield (after ~40% expenses)1.6%

Annual rent$31,412

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$6,115

Loan principal$967,517

Down payment$241,879

Total interest paid$1,234,015

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio3.01

Monthly cost to own$7,869

Monthly rent$2,618

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 86th percentile^[1]
Rental yield: 13th percentile^[2]
Property tax: 35th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 98027?: The typical home in 98027 is worth $1,209,396, based on the Zillow Home Value Index.
Are home values rising in 98027?: Home values in 98027 are down 1.7% over the past year, and up 5.4% a year over five years.
What is the typical rent in 98027?: A typical home in 98027 rents for about $2,618 a month, a gross rental yield of 2.6%.
What is the property tax rate in 98027?: The effective property tax rate in 98027 is 0.7% — roughly $9,003 a year on a typical home.
Who lives in 98027?: ZIP code 98027 has a population of 28,955 and a median household income of $153,301.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

98105 vs 98027 →
Seattle, WA
Typical home
$1,198,172
Gross yield
2.2%
98029 vs 98027 →
Issaquah, WA
Typical home
$1,197,925
Gross yield
3.1%
98020
Edmonds, WA
Typical home
$1,165,802
Gross yield
2.3%
98177
Shoreline, WA
Typical home
$1,161,527
Gross yield
—
98021
Bothell, WA
Typical home
$1,152,982
Gross yield
2.9%
98199
Seattle, WA
Typical home
$1,278,660
Gross yield
2.3%

Want similar ZIPs from outside this metro? Browse nationally similar ZIPs →

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Pit ZIP 98027 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · WA98027

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