ZIP 98011 Housing Market & Real Estate Update (Bothell, WA) — February 22, 2026
98011 – February 22, 2026 – Bothell, WA market check this week: mixed signals on prices, inventory still tight, and buyers are taking a bit longer.
ZIP 98011 (Bothell, WA) saw a familiar late-winter pattern: demand is still solid, but buyers appear to have a bit more time to decide than they did at peak frenzy.
Top takeaways
- Recent closed-sale pricing is roughly flat year over year in Redfin’s January 2026 read, while Zillow’s value index also shows a slight year-over-year dip.
- Homes are still moving, but average marketing time is not ultra-fast across every data source.
- Active inventory counts vary by platform, but the overall feel remains ‘limited choices’ versus long-term norms.
Market snapshot (latest available)
Closed-sale view (Redfin): In January 2026, the median sale price in 98011 was $1,079,950 (down 1.0% year over year). Homes sold after about 24 days on market, and 70 homes sold (up from 57 a year earlier). Redfin also characterizes 98011 as very competitive, with homes receiving about 4 offers on average and selling in around 23.5 days.
Home value + inventory signals (Zillow): Zillow’s typical home value for 98011 was $1,025,687 (down 1.5% over the past year, data through December 31, 2025). Zillow also shows for-sale inventory of 48 and 9 new listings as of January 31, 2026.
Active listings view : Realtor.com shows a median listing price of $850,000 with 89 active homes for sale in 98011, with listings spending an average of 85 days on market. (Platform methodologies differ, so treat exact counts as directional.)
What this means for buyers and sellers
Buyers: If you’re shopping in 98011, expect competition on the best-located, move-in-ready homes, but be prepared for a more ‘selective’ buyer pool where condition, layout, and pricing accuracy matter. Watch days-on-market and any price reductions as signals of where negotiating room may exist.
Sellers: The market still rewards turnkey presentation. If your home is dated or has functional issues, buyers may compare it more aggressively to newer product and require pricing that reflects needed work.
Rentals & affordability
Realtor.com reports a median rent around $2,900/month in 98011. If you’re considering renting versus buying, keep an eye on total monthly ownership costs (rate, insurance, HOA, and taxes) and not just the headline price.
What’s for sale nearby (no addresses)
Current 98011 search results show a mix ranging from smaller condos around the $500K level, to townhome-style options around the upper $700Ks to $800Ks, and new-construction offerings around $1.0M+.
ServiceXTC local pros (real-estate-adjacent)
No verified ServiceXTC directory matches were returned for ZIP 98011 in this run. (When available, we’ll spotlight local inspectors, HVAC, plumbing, electrical, roofing, and remodel pros here.)
Sources
- Redfin ZIP 98011 housing market
- Zillow ZIP 98011 home values
- Zillow active listings search for 98011
- Realtor.com ZIP 98011 active listings
- Realtor.com ZIP 98011 market overview
What are you seeing right now in 98011: more price cuts, or more bidding wars on the good homes?