ZIP 98001 Housing Market Report

Northwest Seattle

Report period: July 2026

98001 Monthly Market Update – July 2026

ZIP 98001 · Last updated Jul 10, 2026 · Data range Feb 2026 – Jul 2026

Executive Snapshot

Median Sale Price
$690,000
−0.7%
Median DOM (Sales)
31
+10.7%
New Listings (Sales)
7
−87.5%
Median Rent
$3,095
0.0%
Median DOM (Rental)
1
0.0%
Total Rental Listings
40
+2.6%

Month-over-Month Movement

Median sale prices eased compared to last month. Days on market lengthened. Rents were stable. Rental inventory expanded.

What's Moving Fastest

  • Fastest selling: Multi-Family (2 DOM)
  • Fastest renting: Single Family (1 DOM)
  • Strongest bedroom: 6 Beds ($859,995 median)

Sales Market Overview

Median Price
$690,000
−0.7%
Median DOM
31
+10.7%
New Listings
7
−87.5%
Inventory
177
+1.1%
  • Average Price: $675,198
  • Median Price: $690,000
  • Price Range: $22,700 – $2,750,000
  • Price per Sq Ft (Avg/Median): $348 / $316
  • Square Footage (Avg/Median): 2,242 / 2,310
  • Square Footage Range: 790 – 3,912
  • Days on Market (Avg/Median): 58 / 31
  • Days on Market Range: 1 – 346
  • New Listings: 7
  • Total Listings: 177

Sales by Property Type

Condo
Avg/Median Price$526,000 / $357,000Range$357,000 – $695,000Price per Sq Ft$276 / $262Sq Ft1,940 / 1,230DOM43 / 35New0Total2
Land
Avg/Median Price$394,622 / $250,000Range$22,700 – $2,750,000Price per Sq FtSq FtDOM149 / 169New0Total29
Manufactured
Avg/Median Price$781,650 / $629,950Range$565,000 – $1,150,000Price per Sq Ft$470 / $457Sq Ft1,652 / 1,762DOM42 / 15New0Total3
Multi-Family
Avg/Median Price$549,500 / $399,999Range$399,999 – $699,000Price per Sq Ft$279 / $214Sq Ft1,950 / 1,870DOM59 / 2New1Total2
Single Family
Avg/Median Price$735,679 / $725,000Range$49,950 – $1,695,000Price per Sq Ft$348 / $316Sq Ft2,268 / 2,343DOM43 / 27New6Total140
Townhouse
Avg/Median Price$575,000 / $575,000Range$575,000 – $575,000Price per Sq Ft$348 / $348Sq Ft1,650 / 1,650DOM4 / 4New0Total1

Sales by Bedroom Count

2 Beds
Avg:$491,390Median:$440,000Range:$357,000 – $799,950PSF:$503 / $530Sq Ft:984 / 870DOM:64 / 70New:0Total:5
3 Beds
Avg:$664,819Median:$599,000Range:$49,950 – $1,695,000PSF:$398 / $379Sq Ft:1,771 / 1,630DOM:46 / 22New:4Total:62
4 Beds
Avg:$728,357Median:$725,000Range:$450,000 – $1,250,000PSF:$302 / $296Sq Ft:2,462 / 2,310DOM:47 / 34New:3Total:39
5 Beds
Avg:$855,115Median:$847,950Range:$600,000 – $1,549,000PSF:$300 / $303Sq Ft:2,870 / 2,770DOM:35 / 24New:0Total:38
6 Beds
Avg:$872,495Median:$859,995Range:$859,995 – $884,995PSF:$290 / $286Sq Ft:3,011 / 3,011DOM:14 / 11New:0Total:4

Rental Market Overview

Median Rent
$3,095
0.0%
Median DOM
1
0.0%
New Listings
14
Inventory
40
+2.6%
  • Average Rent: $2,801
  • Median Rent: $3,095
  • Rent Range: $995 – $5,200
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 1,560 / 1,540
  • Square Footage Range: 320 – 3,140
  • Days on Market (Avg/Median): 24 / 1
  • Days on Market Range: 1 – 332
  • New Listings: 14
  • Total Listings: 40

Rentals by Property Type

Apartment
$1,610
Median DOM: 10
Inventory: 12
MoM: 0.0%
Condo
Median DOM:
Inventory:
MoM: 0.0%
Single Family
$3,300
Median DOM: 1
Inventory: 26
MoM: 0.0%
Townhouse
$2,395
Median DOM: 11
Inventory: 2
MoM: 0.0%
Apartment
Avg/Median Rent$1,883 / $1,610Range$995 – $3,100Rent per Sq Ft$3 / $2Sq Ft940 / 600DOM48 / 10New2Total12
Single Family
Avg/Median Rent$3,230 / $3,300Range$1,500 – $5,200Rent per Sq Ft$2 / $2Sq Ft1,866 / 1,800DOM8 / 1New12Total26
Townhouse
Avg/Median Rent$2,745 / $2,395Range$2,395 – $3,095Rent per Sq Ft$2 / $2Sq Ft1,450 / 1,000DOM172 / 11New0Total2

Rentals by Bedroom Count

Studio
Avg:$995Median:$995Range:$995 – $995PSF:$2 / $2Sq Ft:442 / 442DOM:141 / 141New:0Total:1
1 Beds
Avg:$1,682Median:$1,545Range:$1,400 – $2,380PSF:$3 / $3Sq Ft:759 / 500DOM:5 / 4New:3Total:8
2 Beds
Avg:$2,028Median:$2,099Range:$1,645 – $2,395PSF:$2 / $2Sq Ft:909 / 1,000DOM:24 / 1New:1Total:5
3 Beds
Avg:$3,134Median:$3,100Range:$2,400 – $3,650PSF:$2 / $2Sq Ft:1,717 / 1,540DOM:32 / 1New:5Total:14
4 Beds
Avg:$3,464Median:$3,300Range:$3,200 – $3,950PSF:$2 / $2Sq Ft:2,029 / 1,848DOM:1 / 1New:5Total:10
5 Beds
Avg:$3,750Median:$3,750Range:$3,750 – $3,750PSF:$1 / $1Sq Ft:3,140 / 3,140DOM:80 / 80New:0Total:1
6 Beds
Avg:$5,200Median:$5,200Range:$5,200 – $5,200PSF:$2 / $2Sq Ft:3,080 / 3,080DOM:31 / 31New:0Total:1

6-Month Sales Trend

Feb 2026
Median Price:$619,950Median DOM:43New:29Total:111
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:$690,000Median DOM:31New:7Total:177

6-Month Rental Trend

Feb 2026
Median Rent:$2,600Median DOM:2New:14Total:46
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:$3,095Median DOM:1New:14Total:40

Key Market Takeaways

Median sale prices softened this month while inventory expanded. Days on market lengthened, signaling slower buyer activity. Rental pricing remained stable, while total rental inventory increased.

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