GemHausNew report

Market Snapshot

Median listing price
$975K

The median listing price in Shoreline, WA ZIP 98155 is $975,000 as of June 2026.

Median rent
$2,095/mo

The median market rent in Shoreline, WA ZIP 98155 is $2,095/month as of June 2026.

Days on market
207 days

The median days on market in Shoreline, WA ZIP 98155 is 207 days as of June 2026. The market is currently neutral.

Gross rental yield
2.58%

At a median list price of $975,000 and a median rent of $2,095/month, the gross rental yield in Shoreline, WA ZIP 98155 is 2.58% as of June 2026.

STR vs LTR
$2,433/mo STR · $2,095/mo LTR

In Shoreline, WA ZIP 98155, median Airbnb revenue is $2,433/month compared to median long-term rent of $2,095/month as of June 2026.

Shoreline, WA 98155 Real Estate Market Report

ZIP Code: 98155

Report Date: June 2026

Market Temperature:
NEUTRAL

Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.


Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Analysis Window
90 Days
Total Properties Analyzed
132
Active Listings
32
Sold Properties
100

Market Metrics

Median Listing Price
$975,000
Median Sold Price
$788,000
Median Price per Sqft
$521/sqft

The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.


Rental Market

Median Market Rent
$2,095

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.


Property Taxes

Property Tax Rate
0.95%

Liquidity & Velocity

Median Days on Market
207
Sale-to-List Ratio
100.0%

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.


Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

Price YoY Trend
down
Market Temperature
neutral
Rent YoY Trend
up
Interest Rate Pressure
elevated

Key Findings

  1. The neighborhood's primary market value indicator, the median sold price, is $788,000, which reflects recent transaction levels and suggests a market value baseline; price year-over-year trend is down.
  2. There is a notable gap between the median listing price ($975,000) and the median sold price ($788,000), which may indicate pricing friction and elevated seller expectations relative to realized sale prices; market temperature is neutral.
  3. Slower transaction velocity is evident with a median days on market of 207, which suggests longer marketing periods and softening liquidity that may require pricing adjustments or concessions to accelerate sales.
  4. Rental fundamentals are supportive for investors: the median market rent is $2,095 and rent year-over-year trend is up, while interest rate pressure is elevated, which may temper near-term buyer affordability.

Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.

Recent Transactions

4601 Ne 195th St, Lake Forest Park, WA 98155
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

4 beds2 baths3,340 sqft
$1,740,000
Apr 1, 2026
$521/sqft/sqft
3531 Ne 166th St, Lake Forest Park, WA 98155
Market Benchmark

Sold at market average

5 beds2 baths3,440 sqft
$1,690,000
May 1, 2026
$491/sqft/sqft
16526 37th Ave Ne, Lake Forest Park, WA 98155
Premium

Sold above market average

5 beds2 baths2,570 sqft
$1,630,000
May 1, 2026
$634/sqft/sqft
34 days on market
15268 6th Ave Ne, Shoreline, WA 98155
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

2 beds1 baths1,280 sqft
$850,000
May 1, 2026
$664/sqft/sqft
16532 21st Ave Ne, Shoreline, WA 98155
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

2 beds1 baths1,820 sqft
$840,000
May 1, 2026
$462/sqft/sqft
137 days on market
832 Ne 202nd St, Shoreline, WA 98155
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds2 baths2,050 sqft
$825,000
May 1, 2026
$402/sqft/sqft
89 days on market
1728 Ne 148th St, Shoreline, WA 98155
Value

Sold below market average

2 beds1 baths1,270 sqft
$450,000
May 1, 2026
$354/sqft/sqft
235 days on market
16024 6th Ave Ne, Shoreline, WA 98155
Market Benchmark

Sold at market average

2 beds1 baths770 sqft
$413,000
Apr 1, 2026
$536/sqft/sqft

Investment Analysis

Compare rental income potential against ownership costs and benchmark against market averages.

Rent vs Cost to Own

Monthly rental income vs estimated ownership cost

-$2,746/mo
98155 Avg Rent
98155 Cost to Own
Rent$2,095
Own$4,841

20% down, 6.50% rate, 1.0% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

98155 Avg nightly rate
98155 Avg occupancy (days/year)
Nightly rate$214/night
Occupancy114 of 365 days

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 6/1/2026

GemHaus

Get personalized market intelligence

Unlock deeper property intel in Shoreline, WA valuations, rent comps, operating costs, and pro-forma breakdowns.

Nearby Market Reports