ZIP 98116 Property Distress & Foreclosure Data

DLRadar grades ZIP 98116 (King County, Washington) at a moderate 35/100 for overall property distress. Property-level stress concentrates in structural risk (79/100), construction/permit lag (70/100), institutional ownership (55/100). By contrast, mortgage stress (20/100) register low. The latent-versus-live split is 79/100 structural and 6/100 already moving. It additionally carries heavy environmental risk: climate & FEMA risk (100/100), flood (NFIP) exposure (94/100), FEMA disaster exposure (64/100).

The market reads peak — home values rose 2.8% year on year, and 12% higher over three years (phase confidence 26/100). Topping markets hide individual distress behind strong averages.

At $130,504, median income runs above typical U.S. levels. Around 35% of renters are cost-burdened. Around 69% of adults hold a bachelor's degree or higher. About 28,091 people live here, median age 41. The poverty rate is 4.7% — low. The typical home is worth about $973,400 (7.0× income, severely stretched). The ZIP holds roughly 15,073 housing units. The demographic-stress sub-score lands at 36/100. The vacancy rate is 8.6%. 54% of housing is owner-occupied.

Net-net, 98116 is middle-of-the-pack, where the deals are specific addresses rather than the whole ZIP. Every signal above traces to a verifiable public dataset, refreshed continuously and scored the same way in every ZIP nationwide.