HousingHandbookReference data

U.S. ZIP Code · WA98251

Snohomish County · Seattle-Tacoma-Bellevue, WA

Typical home value

$481,387[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-0.2%
5-year / yr
+4.7%
10-year / yr
+8.5%

Relative price

vs U.S.
+69.5%
vs metro
-29.8%
vs state
-4.3%
ZIP 98251 location in WA
Location of ZIP 98251 in WA

Price history

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

The typical home in 98251 is worth $481,387 — 29.8% below the Seattle-Tacoma-Bellevue, WA median. Over the past year, values have fallen 0.2%. 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]
Gross yield
[2]
Cap rate
[2]

#Property tax

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

Effective tax rate
0.7%[3]
Typical annual tax
$3,464[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
4,907[3]
Median household income
$83,891[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
1
Elementary
1
Middle
0
High
0
  • Gold Bar Elementary

    Elementary · Grades K–5 · Sultan School District

    336 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.

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$2,434
Loan principal$385,110
Down payment$96,277
Total interest paid$491,186

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$3,124
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
70th percentile[1]
Rental yield
[2]
Property tax
25th percentile[3]

Frequently asked

How much is a home worth in ZIP code 98251?
The typical home in 98251 is worth $481,387, based on the Zillow Home Value Index.
Are home values rising in 98251?
Home values in 98251 are down 0.2% over the past year, and up 4.7% a year over five years.
What is the property tax rate in 98251?
The effective property tax rate in 98251 is 0.7% — roughly $3,464 a year on a typical home.
Who lives in 98251?
ZIP code 98251 has a population of 4,907 and a median household income of $83,891.

#Comparable ZIPs

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

  • Anderson Island CDP, WA

    Typical home
    $484,673
    Gross yield
  • Lakewood, WA

    Typical home
    $486,630
    Gross yield
    4.1%
  • Wilkeson, WA

    Typical home
    $467,161
    Gross yield
  • Tacoma, WA

    Typical home
    $466,085
    Gross yield
    4.2%
  • South Prairie, WA

    Typical home
    $497,789
    Gross yield
  • Baring CDP, WA

    Typical home
    $498,001
    Gross yield

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