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Home values, rents and more in ZIP code 98116 (North Admiral, Seattle, WA)

September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07

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Typical home value
$973,000
Metro: $720,000 · U.S.: $366,000
Home values, past year
−0.2%
Metro: −1.6% · U.S.: +1.2%
Typical rent
$2,301/mo
Metro: $2,250 · U.S.: $1,932
Rents, past year
+2.7%
Metro: +2.1% · U.S.: +2.9%
Population
28,711
ACS 2020–24
Median household income
$126,151
Metro: $115,177 · U.S.: $80,734
ZIP codes around 98116, shaded by typical home value981169810698134981269813698109981049810298101
  • Under $580k
  • $580k–$720k
  • $720k–$760k
  • $760k–$1M
  • $1M+
  • No data
ZIP codes around 98116, shaded by typical home value (Zillow, ZIP codes). Dashed lines are county borders. 98116 is outlined.

How 98116 compares

The typical home in ZIP code 98116 (North Admiral, Seattle, WA) is worth about $973,000, according to the Zillow Home Value Index for September 2026. Home values in 98116 are 35% above the typical value in the Seattle metro area ($720,000) and 2.7 times the U.S. typical value ($366,000).

Over the past year, home values in 98116 fell 0.2%, compared with −1.6% in the Seattle metro area and +1.2% nationally.

Typical rent is $2,301 a month (Zillow Observed Rent Index), about the same as the Seattle metro area ($2,250) and 19% above the U.S. ($1,932). Rents rose 2.7% over the past year.

The median household income is $126,151, against $115,177 in the Seattle metro area and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).

About 28,711 people live in 98116 (American Community Survey 2020–24).

98116 has the 32nd-highest typical home value of the 155 ZIP codes in the Seattle metro area and the 35th-highest of 484 in Washington with Zillow figures.

Part of: Seattle, WA · King County, WA · Seattle metro area · Washington

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  • 5- and 10-year price changes
  • Days on market and months of supply
  • Price cuts and sale-to-list ratio
  • Price-to-income and monthly cost to buy
  • Zillow 12-month price forecast
  • Crime rates
  • School test scores
  • Homeowners insurance premiums
  • Commute time to downtown
  • Flood, wildfire and natural hazard risk
  • Property-tax rate
  • 2024 presidential vote
  • Age, education and household make-up
  • Amenities and transit nearby
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Nearby ZIP codes

Sources

Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.

"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.

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