How much is a home worth in ZIP code 98065?

The typical home in 98065 is worth $1,123,771, based on the Zillow Home Value Index.

Are home values rising in 98065?

Home values in 98065 are down 2.4% over the past year, and up 5.8% a year over five years.

What is the typical rent in 98065?

A typical home in 98065 rents for about $2,891 a month, a gross rental yield of 3.1%.

What is the property tax rate in 98065?

The effective property tax rate in 98065 is 0.8% — roughly $8,654 a year on a typical home.

ZIP code 98065 has a population of 15,944 and a median household income of $198,216.

HousingHandbookReference data

…

U.S. ZIP Code · WA98065

King County · Seattle-Tacoma-Bellevue, WA

Typical home value

$1,123,771^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -2.4%
5-year / yr: +5.8%
10-year / yr: +7.8%

Relative price

vs U.S.: +295.6%
vs metro: +63.8%
vs state: +123.3%

Price history

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

The typical home in 98065 is worth $1,123,771 — 63.8% above the Seattle-Tacoma-Bellevue, WA median. Over the past year, values have fallen 2.4%. Homes here rent for a typical $2,891 a month — a 3.1% gross rental yield. The effective property tax rate is 0.8%.

#Rent & investment

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

Monthly rent: $2,891^[2]
Gross yield: 3.1%^[2]
Cap rate: 1.9%^[2]

#Property tax

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

Effective tax rate: 0.8%^[3]
Typical annual tax: $8,654^[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: 15,944^[3]
Median household income: $198,216^[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: 9
Elementary: 3
Middle: 1
High: 3

Mount Si High School
High · Grades 9–12 · Snoqualmie Valley School District
2,172 students
Timber Ridge Elementary School
Elementary · Grades K–5 · Snoqualmie Valley School District
624 students
Cascade View Elementary School
Elementary · Grades K–5 · Snoqualmie Valley School District
525 students
Snoqualmie Elementary
Elementary · Grades PK–5 · Snoqualmie Valley School District
496 students
Snoqualmie Middle School
Middle · Grades 6–8 · Snoqualmie Valley School District
495 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 yield3.1%

Net yield (after ~40% expenses)1.9%

Annual rent$34,688

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$5,682

Loan principal$899,017

Down payment$224,754

Total interest paid$1,146,646

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 ratio2.54

Monthly cost to own$7,340

Monthly rent$2,891

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: 90th percentile^[1]
Rental yield: 34th percentile^[2]
Property tax: 47th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 98065?: The typical home in 98065 is worth $1,123,771, based on the Zillow Home Value Index.
Are home values rising in 98065?: Home values in 98065 are down 2.4% over the past year, and up 5.8% a year over five years.
What is the typical rent in 98065?: A typical home in 98065 rents for about $2,891 a month, a gross rental yield of 3.1%.
What is the property tax rate in 98065?: The effective property tax rate in 98065 is 0.8% — roughly $8,654 a year on a typical home.
Who lives in 98065?: ZIP code 98065 has a population of 15,944 and a median household income of $198,216.

#Comparable ZIPs

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

98021 vs 98065 →
Bothell, WA
Typical home
$1,152,982
Gross yield
2.9%
98034 vs 98065 →
Kirkland, WA
Typical home
$1,090,448
Gross yield
2.7%
98177
Shoreline, WA
Typical home
$1,161,527
Gross yield
—
98020
Edmonds, WA
Typical home
$1,165,802
Gross yield
2.3%
98333
Fox Island CDP, WA
Typical home
$1,077,287
Gross yield
—
98115
Seattle, WA
Typical home
$1,073,855
Gross yield
2.5%

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#Jump to section

U.S. ZIP Code · WA98065

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