HousingHandbookReference data

U.S. ZIP Code · WA98050

King County · Seattle-Tacoma-Bellevue, WA

Typical home value

$1,452,344[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-0.4%
5-year / yr
+5.5%
10-year / yr
+8.0%

Relative price

vs U.S.
+411.3%
vs metro
+111.7%
vs state
+188.6%
ZIP 98050 location in WA
Location of ZIP 98050 in WA

Price history

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

The typical home in 98050 is worth $1,452,344 — 111.7% above the Seattle-Tacoma-Bellevue, WA median. Over the past year, values have fallen 0.4%.

#Rent & investment

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

Monthly rent
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

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

Effective tax rate
[3]
Typical annual tax
[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
108[3]
Median household income
[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

Run the numbers

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

Gross yield
Net yield (after ~40% expenses)
Annual rent

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.

Monthly payment$7,344
Loan principal$1,161,875
Down payment$290,469
Total interest paid$1,481,908

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.

Own : rent ratio
Monthly cost to own$10,006
Monthly rent

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
88th percentile[1]
Rental yield
[2]
Property tax
[3]

Frequently asked

How much is a home worth in ZIP code 98050?
The typical home in 98050 is worth $1,452,344, based on the Zillow Home Value Index.
Are home values rising in 98050?
Home values in 98050 are down 0.4% over the past year, and up 5.5% a year over five years.

#Comparable ZIPs

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

  • Bellevue, WA

    Typical home
    $1,443,704
    Gross yield
    3.2%
  • Union Hill-Novelty Hill CDP, WA

    Typical home
    $1,477,571
    Gross yield
    2.0%
  • Seattle, WA

    Typical home
    $1,393,687
    Gross yield
    1.9%
  • Redmond, WA

    Typical home
    $1,371,366
    Gross yield
    2.2%
  • Cottage Lake CDP, WA

    Typical home
    $1,536,698
    Gross yield
  • Cottage Lake CDP, WA

    Typical home
    $1,330,327
    Gross yield
    2.1%

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

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