ZIP Code Market Report
98222 — Blakely Island, WA
Data through February 2026 · Updated monthly
Avg Home Value
$854,554
▼ 5.8% year-over-year
Month-over-Month
-1.6%
▼ 1.6%
Single Family
$862,557
Condo / Co-op
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The average home value in the 98222 ZIP code (Blakely Island, WASHINGTON) is $854,554 as of February 2026. Home prices are declining, down 5.8% compared to last year.
This report is part of the San Juan County market area in WASHINGTON. For a broader view of the housing market including rent data, market activity, and affordability analysis, see the full San Juan County report.
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Market Snapshot
98222 Housing Market at a Glance
Key metrics for the last 3 months with trend direction.
| Metric | Dec 2025 | Jan 2026 | Feb 2026 | 3-Mo Change |
|---|---|---|---|---|
| Avg Home Value | $892,567 | $868,524 | $854,554 | ▼ 4.3% |
| Single Family Value | $873,442 | $869,444 | $862,557 | ▼ 1.2% |
Home Values
98222 Home Value Trend
Historical home values for ZIP code 98222. Switch between All Homes, Single Family, Bottom Tier, and Top Tier.
Source: Zillow Research ZHVI / ZORI · Updated monthly
Property Types
Home Values by Property Type in 98222
How different property types compare in this ZIP code.
All Homes
$854,554
Single Family
$862,557
Bottom Tier
$589,013
Data Sources and Methodology
Home value data for ZIP code 98222 comes from the Zillow Home Value Index (ZHVI), updated monthly. ZHVI measures the typical home value using Zillow's automated valuation model, smoothed and seasonally adjusted.
This report was last updated February 2026. Data is refreshed on the 17th of each month.
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