ZIP 98002 Housing Market Report
Northwest Seattle
Report period: August 2026
98002 Monthly Market Update – August 2026
ZIP 98002 · Last updated Aug 10, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$408,500
+10.4%
Median DOM (Sales)
47
+9.3%
New Listings (Sales)
15
−68.1%
Median Rent
$1,787
−0.4%
Median DOM (Rental)
1
−50.0%
Total Rental Listings
97
−3.0%
Month-over-Month Movement
Median sale prices moved higher. Days on market lengthened. Rents softened. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Townhouse (18 DOM)
- Fastest renting: Condo (1 DOM)
- Strongest bedroom: 8 Beds ($989,750 median)
Sales Market Overview
Median Price
$408,500
+10.4%
Median DOM
47
+9.3%
New Listings
15
−68.1%
Inventory
186
+2.2%
- Average Price: $389,410
- Median Price: $408,500
- Price Range: $25,000 – $1,249,000
- Price per Sq Ft (Avg/Median): $261 / $285
- Square Footage (Avg/Median): 1,501 / 1,344
- Square Footage Range: 470 – 3,806
- Days on Market (Avg/Median): 64 / 47
- Days on Market Range: 2 – 349
- New Listings: 15
- Total Listings: 186
Sales by Property Type
Condo
Avg/Median Price$322,443 / $324,500Range$175,000 – $495,000Price per Sq Ft$315 / $306Sq Ft1,025 / 1,060DOM83 / 60New1Total22
Land
Avg/Median Price$167,000 / $159,000Range$159,000 – $175,000Price per Sq Ft—Sq Ft—DOM76 / 60New0Total2
Manufactured
Avg/Median Price$137,385 / $125,000Range$25,000 – $549,999Price per Sq Ft$110 / $95Sq Ft1,274 / 1,316DOM74 / 55New5Total65
Multi-Family
Avg/Median Price$972,134 / $989,000Range$600,000 – $1,249,000Price per Sq Ft$295 / $281Sq Ft3,345 / 3,560DOM102 / 60New0Total13
Single Family
Avg/Median Price$529,153 / $515,000Range$220,000 – $879,300Price per Sq Ft$363 / $349Sq Ft1,563 / 1,540DOM44 / 36New8Total77
Townhouse
Avg/Median Price$384,286 / $350,000Range$325,000 – $455,000Price per Sq Ft$309 / $300Sq Ft1,251 / 1,219DOM75 / 18New1Total7
Sales by Bedroom Count
1 Beds
Avg:$183,058Median:$175,000Range:$45,000 – $408,500PSF:$271 / $304Sq Ft:703 / 609DOM:88 / 60New:1Total:6
2 Beds
Avg:$216,117Median:$159,900Range:$25,000 – $530,000PSF:$199 / $135Sq Ft:1,148 / 1,099DOM:81 / 53New:4Total:62
3 Beds
Avg:$394,161Median:$457,000Range:$65,000 – $695,000PSF:$293 / $325Sq Ft:1,410 / 1,344DOM:50 / 32New:10Total:76
4 Beds
Avg:$533,530Median:$569,000Range:$180,000 – $799,900PSF:$288 / $308Sq Ft:1,885 / 1,800DOM:47 / 45New:0Total:22
5 Beds
Avg:$596,445Median:$521,780Range:$480,000 – $699,500PSF:$299 / $279Sq Ft:1,982 / 1,940DOM:39 / 24New:0Total:4
6 Beds
Avg:$883,260Median:$879,300Range:$602,000 – $1,200,000PSF:$338 / $340Sq Ft:2,716 / 2,610DOM:105 / 50New:0Total:5
7 Beds
Avg:$989,000Median:$989,000Range:$989,000 – $989,000PSF:$260 / $260Sq Ft:3,800 / 3,800DOM:—New:0Total:1
8 Beds
Avg:$1,014,218Median:$989,750Range:$900,000 – $1,249,000PSF:$283 / $281Sq Ft:3,617 / 3,784DOM:96 / 78New:0Total:8
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $183,058 | $175,000 | $45,000 – $408,500 | $271 / $304 | 703 / 609 | 88 / 60 | 1 | 6 |
| 2 Beds | $216,117 | $159,900 | $25,000 – $530,000 | $199 / $135 | 1,148 / 1,099 | 81 / 53 | 4 | 62 |
| 3 Beds | $394,161 | $457,000 | $65,000 – $695,000 | $293 / $325 | 1,410 / 1,344 | 50 / 32 | 10 | 76 |
| 4 Beds | $533,530 | $569,000 | $180,000 – $799,900 | $288 / $308 | 1,885 / 1,800 | 47 / 45 | 0 | 22 |
| 5 Beds | $596,445 | $521,780 | $480,000 – $699,500 | $299 / $279 | 1,982 / 1,940 | 39 / 24 | 0 | 4 |
| 6 Beds | $883,260 | $879,300 | $602,000 – $1,200,000 | $338 / $340 | 2,716 / 2,610 | 105 / 50 | 0 | 5 |
| 7 Beds | $989,000 | $989,000 | $989,000 – $989,000 | $260 / $260 | 3,800 / 3,800 | — | 0 | 1 |
| 8 Beds | $1,014,218 | $989,750 | $900,000 – $1,249,000 | $283 / $281 | 3,617 / 3,784 | 96 / 78 | 0 | 8 |
Rental Market Overview
Median Rent
$1,787
−0.4%
Median DOM
1
−50.0%
New Listings
25
Inventory
97
−3.0%
- Average Rent: $1,903
- Median Rent: $1,787
- Rent Range: $895 – $3,500
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 939 / 895
- Square Footage Range: 380 – 2,410
- Days on Market (Avg/Median): 41 / 1
- Days on Market Range: 1 – 347
- New Listings: 25
- Total Listings: 97
Rentals by Property Type
Apartment
$1,645
Median DOM: 30
Inventory: 51
MoM: −0.4%
Condo
$1,649
Median DOM: 1
Inventory: 9
MoM: −0.4%
Single Family
$2,495
Median DOM: 1
Inventory: 16
MoM: −0.4%
Townhouse
$1,700
Median DOM: 34
Inventory: 2
MoM: −0.4%
Apartment
Avg/Median Rent$1,684 / $1,645Range$1,199 – $2,900Rent per Sq Ft$2 / $2Sq Ft817 / 809DOM69 / 30New5Total51
Condo
Avg/Median Rent$1,564 / $1,649Range$895 – $1,800Rent per Sq Ft$2 / $2Sq Ft848 / 858DOM30 / 1New3Total9
Multi-Family
Avg/Median Rent$2,076 / $2,050Range$1,895 – $2,700Rent per Sq Ft$2 / $2Sq Ft913 / 910DOM1 / 1New11Total19
Single Family
Avg/Median Rent$2,577 / $2,495Range$1,000 – $3,500Rent per Sq Ft$2 / $2Sq Ft1,371 / 1,280DOM20 / 1New6Total16
Townhouse
Avg/Median Rent$1,972 / $1,700Range$1,700 – $2,245Rent per Sq Ft$2 / $2Sq Ft1,094 / 939DOM111 / 34New0Total2
Rentals by Bedroom Count
Studio
Avg:$1,280Median:$1,200Range:$1,200 – $1,360PSF:$3 / $2Sq Ft:465 / 380DOM:49 / 1New:1Total:2
1 Beds
Avg:$1,469Median:$1,450Range:$1,275 – $1,900PSF:$2 / $2Sq Ft:632 / 623DOM:90 / 30New:2Total:21
2 Beds
Avg:$1,841Median:$1,895Range:$895 – $2,495PSF:$2 / $2Sq Ft:929 / 900DOM:28 / 1New:16Total:57
3 Beds
Avg:$2,719Median:$2,795Range:$1,760 – $3,500PSF:$2 / $2Sq Ft:1,407 / 1,400DOM:44 / 1New:6Total:17
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,280 | $1,200 | $1,200 – $1,360 | $3 / $2 | 465 / 380 | 49 / 1 | 1 | 2 |
| 1 Beds | $1,469 | $1,450 | $1,275 – $1,900 | $2 / $2 | 632 / 623 | 90 / 30 | 2 | 21 |
| 2 Beds | $1,841 | $1,895 | $895 – $2,495 | $2 / $2 | 929 / 900 | 28 / 1 | 16 | 57 |
| 3 Beds | $2,719 | $2,795 | $1,760 – $3,500 | $2 / $2 | 1,407 / 1,400 | 44 / 1 | 6 | 17 |
6-Month Sales Trend
Mar 2026
Median Price:$248,000Median DOM:58New:33Total:141
Apr 2026
Median Price:$279,950Median DOM:29New:56Total:159
May 2026
Median Price:$334,000Median DOM:35New:51Total:180
Jun 2026
Median Price:$350,000Median DOM:37New:45Total:186
Jul 2026
Median Price:$369,950Median DOM:43New:47Total:182
Aug 2026
Median Price:$408,500Median DOM:47New:15Total:186
6-Month Rental Trend
Mar 2026
Median Rent:$1,750Median DOM:25New:29Total:80
Apr 2026
Median Rent:$1,775Median DOM:14New:32Total:86
May 2026
Median Rent:$1,780Median DOM:10New:39Total:88
Jun 2026
Median Rent:$1,786Median DOM:1New:35Total:100
Jul 2026
Median Rent:$1,795Median DOM:2New:41Total:100
Aug 2026
Median Rent:$1,787Median DOM:1New:25Total:97
Key Market Takeaways
Median sale prices moved higher this month while inventory expanded. Days on market lengthened, signaling slower buyer activity. Rental pricing eased, while total rental inventory tightened.
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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