How much is a home worth in ZIP code 98208?

The typical home in 98208 is worth $776,189, based on the Zillow Home Value Index.

Are home values rising in 98208?

Home values in 98208 are down 2.6% over the past year, and up 5.2% a year over five years.

What is the typical rent in 98208?

A typical home in 98208 rents for about $1,935 a month, a gross rental yield of 3.0%.

What is the property tax rate in 98208?

The effective property tax rate in 98208 is 0.7% — roughly $5,693 a year on a typical home.

ZIP code 98208 has a population of 60,915 and a median household income of $103,705.

HousingHandbookReference data

…

U.S. ZIP Code · WA98208

Snohomish County · Seattle-Tacoma-Bellevue, WA

Typical home value

$776,189^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -2.6%
5-year / yr: +5.2%
10-year / yr: +7.9%

Relative price

vs U.S.: +173.2%
vs metro: +13.1%
vs state: +54.3%

Price history

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

The typical home in 98208 is worth $776,189 — 13.1% above the Seattle-Tacoma-Bellevue, WA median. Over the past year, values have fallen 2.6%. Homes here rent for a typical $1,935 a month — a 3.0% 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: $1,935^[2]
Gross yield: 3.0%^[2]
Cap rate: 1.8%^[2]

#Property tax

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

Effective tax rate: 0.7%^[3]
Typical annual tax: $5,693^[3]

#Climate risk

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

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

#Who lives here

Population: 60,915^[3]
Median household income: $103,705^[3]

#Migration

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

Net migration: +1,395^[5]
Moved in: 23,597
Moved out: 22,202

Schools

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

Public schools: 11
Elementary: 9
Middle: 2
High: 0

Gateway Middle School
Middle · Grades 6–8 · Everett School District
1,004 students
Eisenhower Middle School
Middle · Grades 6–8 · Everett School District
874 students
Penny Creek Elementary
Elementary · Grades PK–5 · Everett School District
790 students
Forest View Elementary School
Elementary · Grades PK–5 · Everett School District
641 students
Emerson Elementary School
Elementary · Grades PK–5 · Everett School District
634 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 yield3.0%

Net yield (after ~40% expenses)1.8%

Annual rent$23,220

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$3,925

Loan principal$620,952

Down payment$155,238

Total interest paid$791,989

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 ratio2.61

Monthly cost to own$5,044

Monthly rent$1,935

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: 80th percentile^[1]
Rental yield: 30th percentile^[2]
Property tax: 32nd percentile^[3]

Rankings

Top-10 lists this ZIP code appears on.

5th for most populous in WAView list →

Frequently asked

How much is a home worth in ZIP code 98208?: The typical home in 98208 is worth $776,189, based on the Zillow Home Value Index.
Are home values rising in 98208?: Home values in 98208 are down 2.6% over the past year, and up 5.2% a year over five years.
What is the typical rent in 98208?: A typical home in 98208 rents for about $1,935 a month, a gross rental yield of 3.0%.
What is the property tax rate in 98208?: The effective property tax rate in 98208 is 0.7% — roughly $5,693 a year on a typical home.
Who lives in 98208?: ZIP code 98208 has a population of 60,915 and a median household income of $103,705.

#Comparable ZIPs

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

98126 vs 98208 →
Seattle, WA
Typical home
$775,965
Gross yield
3.1%
98133 vs 98208 →
Shoreline, WA
Typical home
$773,970
Gross yield
3.1%
98109
Seattle, WA
Typical home
$764,730
Gross yield
3.9%
98010
Black Diamond, WA
Typical home
$790,570
Gross yield
4.0%
98087
North Lynnwood CDP, WA
Typical home
$751,944
Gross yield
3.5%
98118
Seattle, WA
Typical home
$751,509
Gross yield
2.9%

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Pit ZIP 98208 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · WA98208

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