ZIP 98001 Housing Market Report

Northwest Seattle

Report period: August 2026

98001 Monthly Market Update – August 2026

ZIP 98001 · Last updated Aug 9, 2026 · Data range Mar 2026 – Aug 2026

Executive Snapshot

Median Sale Price
$650,000
0.0%
Median DOM (Sales)
27
−12.9%
New Listings (Sales)
20
−54.5%
Median Rent
$2,795
−0.2%
Median DOM (Rental)
1
0.0%
Total Rental Listings
40
0.0%

Month-over-Month Movement

Median sale prices were flat. Days on market improved. Rents softened.

What's Moving Fastest

  • Fastest selling: Manufactured (15 DOM)
  • Fastest renting: Single Family (1 DOM)
  • Strongest bedroom: 6 Beds ($859,995 median)

Sales Market Overview

Median Price
$650,000
0.0%
Median DOM
27
−12.9%
New Listings
20
−54.5%
Inventory
191
+2.7%
  • Average Price: $665,631
  • Median Price: $650,000
  • Price Range: $49,950 – $2,750,000
  • Price per Sq Ft (Avg/Median): $332 / $311
  • Square Footage (Avg/Median): 2,253 / 2,237
  • Square Footage Range: 790 – 5,170
  • Days on Market (Avg/Median): 59 / 27
  • Days on Market Range: 1 – 351
  • New Listings: 20
  • Total Listings: 191

Sales by Property Type

Condo
Avg/Median Price$518,498 / $357,000Range$357,000 – $679,995Price per Sq Ft$273 / $257Sq Ft1,940 / 1,230DOM73 / 65New0Total2
Land
Avg/Median Price$386,548 / $214,888Range$65,000 – $2,750,000Price per Sq FtSq FtDOM157 / 181New3Total28
Manufactured
Avg/Median Price$711,237 / $565,000Range$499,999 – $1,150,000Price per Sq Ft$436 / $333Sq Ft1,614 / 1,500DOM43 / 15New0Total4
Multi-Family
Avg/Median Price$399,999 / $399,999Range$399,999 – $399,999Price per Sq Ft$214 / $214Sq Ft1,870 / 1,870DOM115 / 115New0Total1
Single Family
Avg/Median Price$718,809 / $698,000Range$49,950 – $1,595,000Price per Sq Ft$331 / $311Sq Ft2,278 / 2,310DOM42 / 23New17Total155
Townhouse
Avg/Median Price$615,000 / $615,000Range$615,000 – $615,000Price per Sq Ft$299 / $299Sq Ft2,060 / 2,060DOM18 / 18New0Total1

Sales by Bedroom Count

2 Beds
Avg:$433,650Median:$440,000Range:$357,000 – $500,000PSF:$429 / $433Sq Ft:1,078 / 870DOM:67 / 65New:0Total:6
3 Beds
Avg:$630,150Median:$599,950Range:$49,950 – $1,249,000PSF:$361 / $347Sq Ft:1,845 / 1,750DOM:50 / 29New:6Total:61
4 Beds
Avg:$725,829Median:$699,777Range:$450,000 – $1,595,000PSF:$313 / $298Sq Ft:2,360 / 2,230DOM:40 / 24New:6Total:52
5 Beds
Avg:$843,768Median:$829,995Range:$525,000 – $1,549,000PSF:$303 / $303Sq Ft:2,797 / 2,770DOM:38 / 17New:4Total:38
6 Beds
Avg:$910,830Median:$859,995Range:$650,000 – $1,350,000PSF:$288 / $286Sq Ft:3,214 / 3,011DOM:11 / 9New:1Total:6

Rental Market Overview

Median Rent
$2,795
−0.2%
Median DOM
1
0.0%
New Listings
10
Inventory
40
0.0%
  • Average Rent: $2,695
  • Median Rent: $2,795
  • Rent Range: $1,350 – $5,200
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 1,520 / 1,540
  • Square Footage Range: 320 – 3,080
  • Days on Market (Avg/Median): 30 / 1
  • Days on Market Range: 1 – 362
  • New Listings: 10
  • Total Listings: 40

Rentals by Property Type

Apartment
$1,645
Median DOM: 14
Inventory: 13
MoM: −0.2%
Condo
Median DOM:
Inventory:
MoM: −0.2%
Single Family
$3,150
Median DOM: 1
Inventory: 25
MoM: −0.2%
Townhouse
$2,395
Median DOM: 11
Inventory: 2
MoM: −0.2%
Apartment
Avg/Median Rent$2,065 / $1,645Range$1,400 – $4,180Rent per Sq Ft$2 / $2Sq Ft1,006 / 1,000DOM68 / 14New1Total13
Single Family
Avg/Median Rent$3,026 / $3,150Range$1,350 – $5,200Rent per Sq Ft$2 / $2Sq Ft1,805 / 1,800DOM8 / 1New9Total25
Townhouse
Avg/Median Rent$2,645 / $2,395Range$2,395 – $2,895Rent per Sq Ft$2 / $2Sq Ft1,450 / 1,000DOM187 / 11New0Total2

Rentals by Bedroom Count

Studio
Avg:$1,350Median:$1,350Range:$1,350 – $1,350PSF:$4 / $4Sq Ft:360 / 360DOM:1 / 1New:1Total:1
1 Beds
Avg:$1,571Median:$1,475Range:$1,400 – $2,000PSF:$3 / $3Sq Ft:755 / 500DOM:15 / 14New:0Total:8
2 Beds
Avg:$2,321Median:$2,100Range:$1,445 – $4,180PSF:$2 / $2Sq Ft:933 / 1,000DOM:57 / 5New:3Total:8
3 Beds
Avg:$2,957Median:$2,895Range:$1,700 – $3,660PSF:$2 / $2Sq Ft:1,827 / 1,840DOM:42 / 1New:3Total:11
4 Beds
Avg:$3,458Median:$3,395Range:$2,950 – $4,200PSF:$2 / $2Sq Ft:2,108 / 1,888DOM:8 / 1New:3Total:10
5 Beds
Avg:$2,998Median:$2,998Range:$2,998 – $2,998PSF:$2 / $2Sq Ft:1,920 / 1,920DOM:New:0Total:1
6 Beds
Avg:$5,200Median:$5,200Range:$5,200 – $5,200PSF:$2 / $2Sq Ft:3,080 / 3,080DOM:61 / 61New:0Total:1

6-Month Sales Trend

Mar 2026
Median Price:$620,000Median DOM:26New:36Total:114
Apr 2026
Median Price:$694,990Median DOM:27New:49Total:139
May 2026
Median Price:$695,000Median DOM:29New:55Total:164
Jun 2026
Median Price:$695,000Median DOM:28New:56Total:175
Jul 2026
Median Price:$650,000Median DOM:31New:44Total:186
Aug 2026
Median Price:$650,000Median DOM:27New:20Total:191

6-Month Rental Trend

Mar 2026
Median Rent:$2,900Median DOM:1New:17Total:42
Apr 2026
Median Rent:$2,900Median DOM:4New:12Total:36
May 2026
Median Rent:$3,095Median DOM:1New:17Total:39
Jun 2026
Median Rent:$3,095Median DOM:1New:15Total:39
Jul 2026
Median Rent:$2,800Median DOM:1New:21Total:40
Aug 2026
Median Rent:$2,795Median DOM:1New:10Total:40

Key Market Takeaways

Median sale prices held steady this month while inventory expanded. Days on market declined, signaling improving buyer activity. Rental pricing eased, while total rental inventory was flat.

Market data is only valuable if you act on it. With pricing stabilizing and days on market shifting, this is the type of environment where disciplined investors find their edge.

← Back to Northwest Seattle