ZIP 98001 Housing Market Report
Northwest Seattle
Report period: May 2026
98001 Monthly Market Update – May 2026
ZIP 98001 · Last updated May 10, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$689,999
−0.7%
Median DOM (Sales)
25
−7.4%
New Listings (Sales)
19
−61.2%
Median Rent
$2,900
0.0%
Median DOM (Rental)
1
−75.0%
Total Rental Listings
36
0.0%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market improved. Rents were stable.
What's Moving Fastest
- Fastest selling: Manufactured (9 DOM)
- Fastest renting: Single Family (1 DOM)
- Strongest bedroom: 5 Beds ($835,000 median)
Sales Market Overview
Median Price
$689,999
−0.7%
Median DOM
25
−7.4%
New Listings
19
−61.2%
Inventory
153
+10.1%
- Average Price: $660,129
- Median Price: $689,999
- Price Range: $10,000 – $2,750,000
- Price per Sq Ft (Avg/Median): $344 / $314
- Square Footage (Avg/Median): 2,230 / 2,230
- Square Footage Range: 790 – 4,262
- Days on Market (Avg/Median): 50 / 25
- Days on Market Range: 2 – 355
- New Listings: 19
- Total Listings: 153
Sales by Property Type
Condo
Avg/Median Price$368,000 / $368,000Range$368,000 – $368,000Price per Sq Ft$299 / $299Sq Ft1,230 / 1,230DOM51 / 51New0Total1
Land
Avg/Median Price$414,535 / $329,950Range$10,000 – $2,750,000Price per Sq Ft—Sq Ft—DOM135 / 115New1Total27
Manufactured
Avg/Median Price$568,625 / $349,500Range$300,000 – $1,250,000Price per Sq Ft$302 / $162Sq Ft1,948 / 1,848DOM24 / 9New1Total4
Multi-Family
Avg/Median Price$399,999 / $399,999Range$399,999 – $399,999Price per Sq Ft$214 / $214Sq Ft1,870 / 1,870DOM74 / 74New0Total1
Single Family
Avg/Median Price$723,040 / $715,000Range$69,950 – $1,250,000Price per Sq Ft$347 / $314Sq Ft2,251 / 2,240DOM33 / 21New17Total120
Sales by Bedroom Count
2 Beds
Avg:$412,599Median:$379,995Range:$365,000 – $500,000PSF:$424 / $462Sq Ft:1,058 / 870DOM:30 / 9New:1Total:5
3 Beds
Avg:$618,639Median:$599,950Range:$69,950 – $1,250,000PSF:$403 / $389Sq Ft:1,643 / 1,570DOM:40 / 24New:8Total:47
4 Beds
Avg:$766,101Median:$759,900Range:$349,500 – $1,125,000PSF:$308 / $310Sq Ft:2,532 / 2,480DOM:28 / 16New:6Total:51
5 Beds
Avg:$852,048Median:$835,000Range:$649,999 – $1,250,000PSF:$286 / $291Sq Ft:3,017 / 2,859DOM:32 / 24New:3Total:23
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $412,599 | $379,995 | $365,000 – $500,000 | $424 / $462 | 1,058 / 870 | 30 / 9 | 1 | 5 |
| 3 Beds | $618,639 | $599,950 | $69,950 – $1,250,000 | $403 / $389 | 1,643 / 1,570 | 40 / 24 | 8 | 47 |
| 4 Beds | $766,101 | $759,900 | $349,500 – $1,125,000 | $308 / $310 | 2,532 / 2,480 | 28 / 16 | 6 | 51 |
| 5 Beds | $852,048 | $835,000 | $649,999 – $1,250,000 | $286 / $291 | 3,017 / 2,859 | 32 / 24 | 3 | 23 |
Rental Market Overview
Median Rent
$2,900
0.0%
Median DOM
1
−75.0%
New Listings
11
Inventory
36
0.0%
- Average Rent: $2,608
- Median Rent: $2,900
- Rent Range: $625 – $4,150
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,626 / 1,700
- Square Footage Range: 320 – 3,232
- Days on Market (Avg/Median): 31 / 1
- Days on Market Range: 1 – 342
- New Listings: 11
- Total Listings: 36
Rentals by Property Type
Apartment
$1,645
Median DOM: 23
Inventory: 11
MoM: 0.0%
Condo
—
Median DOM: —
Inventory: —
MoM: 0.0%
Single Family
$3,300
Median DOM: 1
Inventory: 25
MoM: 0.0%
Townhouse
—
Median DOM: —
Inventory: —
MoM: 0.0%
Apartment
Avg/Median Rent$1,729 / $1,645Range$1,125 – $2,400Rent per Sq Ft$2 / $2Sq Ft870 / 736DOM100 / 23New1Total11
Single Family
Avg/Median Rent$2,995 / $3,300Range$625 – $4,150Rent per Sq Ft$2 / $2Sq Ft2,005 / 1,800DOM16 / 1New10Total25
Rentals by Bedroom Count
Studio
Avg:$1,125Median:$1,125Range:$1,125 – $1,125PSF:$3 / $3Sq Ft:442 / 442DOM:116 / 116New:0Total:1
1 Beds
Avg:$1,291Median:$1,395Range:$625 – $1,900PSF:$2 / $3Sq Ft:969 / 722DOM:122 / 22New:1Total:10
2 Beds
Avg:$2,252Median:$2,325Range:$1,645 – $2,900PSF:$2 / $2Sq Ft:1,121 / 1,000DOM:13 / 10New:0Total:6
3 Beds
Avg:$3,231Median:$3,300Range:$2,875 – $3,450PSF:$2 / $2Sq Ft:1,639 / 1,500DOM:20 / 1New:5Total:7
4 Beds
Avg:$3,542Median:$3,430Range:$3,100 – $4,150PSF:$2 / $2Sq Ft:2,185 / 2,117DOM:4 / 1New:5Total:9
5 Beds
Avg:$3,950Median:$4,000Range:$3,750 – $4,100PSF:$1 / $1Sq Ft:2,860 / 3,040DOM:45 / 31New:0Total:3
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,125 | $1,125 | $1,125 – $1,125 | $3 / $3 | 442 / 442 | 116 / 116 | 0 | 1 |
| 1 Beds | $1,291 | $1,395 | $625 – $1,900 | $2 / $3 | 969 / 722 | 122 / 22 | 1 | 10 |
| 2 Beds | $2,252 | $2,325 | $1,645 – $2,900 | $2 / $2 | 1,121 / 1,000 | 13 / 10 | 0 | 6 |
| 3 Beds | $3,231 | $3,300 | $2,875 – $3,450 | $2 / $2 | 1,639 / 1,500 | 20 / 1 | 5 | 7 |
| 4 Beds | $3,542 | $3,430 | $3,100 – $4,150 | $2 / $2 | 2,185 / 2,117 | 4 / 1 | 5 | 9 |
| 5 Beds | $3,950 | $4,000 | $3,750 – $4,100 | $1 / $1 | 2,860 / 3,040 | 45 / 31 | 0 | 3 |
6-Month Sales Trend
Dec 2025
Median Price:$625,000Median DOM:62New:9Total:102
Jan 2026
Median Price:$595,000Median DOM:50New:31Total:98
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:$689,999Median DOM:25New:19Total:153
6-Month Rental Trend
Dec 2025
Median Rent:$2,750Median DOM:1New:16Total:39
Jan 2026
Median Rent:$2,750Median DOM:2New:19Total:45
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:$2,900Median DOM:1New:11Total:36
Key Market Takeaways
Median sale prices softened this month while inventory expanded. Days on market declined, signaling improving buyer activity. Rental pricing remained stable, 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.
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