98236 — Island County, Washington Market Snapshot
Housing market data for zip code 98236 in Island County, Washington. Updated monthly with median prices, days on market, and more.
Market Sales Data
22 sales in 2026 (year to date)
Median Sale Price
$735,169
Days to Sell
16
Homes Sold
22
Inventory
24
Sale-to-List
98.7%
New Listings
45
Price/SqFt
$373
Pending Sales
19
Within Conforming Limit Estimate
At 5% down, the estimated base loan for the $735,169 median-priced home in 98236 is $698,411. The 2026 conforming limit is $832,750. The limit applies to the loan amount, not the home price. This estimate does not determine loan eligibility, approval, rate, fees, or mortgage insurance.
Market Insights
Market Temperature
The median listing-to-close time for the reported sales in 98236 is 16 days. Use this measure with the sale count, property type, condition, price range, and inventory. It does not predict competition or negotiation results for a specific home.
Sale-to-List Ratio
The reported average sale-to-list ratio in 98236 is 98.7%. This aggregate does not predict the sale price or appraisal for a specific home.
Conforming Loan Feasibility
At 5% down, the estimated base loan for the $735,169 median-priced home in 98236 is $698,411. The 2026 conforming limit is $832,750. The limit applies to the loan amount, not the home price. This estimate does not determine loan eligibility, approval, rate, fees, or mortgage insurance.
Loan limits in 98236 are set at the county level.
2026 Loan Limits — Island County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $671,600 |
| 2 Units | $1,066,250 | $859,750 |
| 3 Units | $1,288,800 | $1,039,250 |
| 4 Units | $1,601,750 | $1,291,550 |
Affordability Snapshot — Zip 98236
To purchase the median home at $735,169 with 5% down at the assumed 6.75% rate, the estimated monthly payment is approximately $6,074.
Monthly Payment
$6,074
Income Required
$260,299
Principal & Interest
$4,530/mo
Property Tax
$1,103/mo
Home Insurance
$150/mo
Estimated PMI
$291/mo
Down Payment (5%)
$36,758
Assumes a 30-year fixed loan at 6.75%, 1.8% property tax, $1,800 annual insurance, and a 28% housing-to-income planning ratio. Planning estimate only. The income figure divides the displayed monthly housing estimate by a 28% housing-to-income ratio. It is not an approval rule. The mortgage insurance estimate uses 0.5% of the loan amount per year. Actual rates, taxes, insurance, mortgage insurance, HOA or condo dues, closing costs, repairs, utilities, other debts, and approval rules can differ. Compare actual terms and your Loan Estimate.
Mortgage Calculator
Estimate your monthly payment for a home in 98236.
Estimated Monthly Payment
$4,700
Estimates only. Actual payments, taxes, insurance, mortgage insurance, rates, and loan terms can differ. This calculator is not a loan offer.
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