ZIP 98002 Housing Market Report

Northwest Seattle

Report period: July 2026

98002 Monthly Market Update – July 2026

ZIP 98002 · Last updated Jul 10, 2026 · Data range Feb 2026 – Jul 2026

Executive Snapshot

Median Sale Price
$400,000
+14.3%
Median DOM (Sales)
39
+5.4%
New Listings (Sales)
11
−75.6%
Median Rent
$1,795
+0.5%
Median DOM (Rental)
1
0.0%
Total Rental Listings
98
−2.0%

Month-over-Month Movement

Median sale prices moved higher. Days on market lengthened. Rents moved higher. Rental inventory tightened.

What's Moving Fastest

  • Fastest selling: Condo (29 DOM)
  • Fastest renting: Multi-Family (1 DOM)
  • Strongest bedroom: 8 Beds ($995,000 median)

Sales Market Overview

Median Price
$400,000
+14.3%
Median DOM
39
+5.4%
New Listings
11
−75.6%
Inventory
187
+0.5%
  • Average Price: $402,189
  • Median Price: $400,000
  • Price Range: $25,000 – $2,650,000
  • Price per Sq Ft (Avg/Median): $255 / $283
  • Square Footage (Avg/Median): 1,562 / 1,354
  • Square Footage Range: 470 – 9,024
  • Days on Market (Avg/Median): 64 / 39
  • Days on Market Range: 1 – 358
  • New Listings: 11
  • Total Listings: 187

Sales by Property Type

Condo
Avg/Median Price$330,029 / $324,900Range$175,000 – $495,000Price per Sq Ft$320 / $309Sq Ft1,030 / 1,060DOM76 / 29New2Total24
Land
Avg/Median Price$167,000 / $159,000Range$159,000 – $175,000Price per Sq FtSq FtDOM67 / 60New0Total2
Manufactured
Avg/Median Price$129,432 / $125,000Range$25,000 – $490,000Price per Sq Ft$102 / $94Sq Ft1,281 / 1,344DOM78 / 58New3Total65
Multi-Family
Avg/Median Price$1,071,183 / $989,750Range$600,000 – $2,650,000Price per Sq Ft$299 / $291Sq Ft3,738 / 3,560DOM77 / 57New3Total15
Single Family
Avg/Median Price$536,436 / $539,999Range$220,000 – $879,300Price per Sq Ft$352 / $340Sq Ft1,632 / 1,630DOM44 / 31New3Total73
Townhouse
Avg/Median Price$414,243 / $439,000Range$330,000 – $475,000Price per Sq Ft$337 / $309Sq Ft1,258 / 1,251DOM74 / 30New0Total8

Sales by Bedroom Count

1 Beds
Avg:$155,693Median:$180,000Range:$45,000 – $220,000PSF:$270 / $304Sq Ft:629 / 609DOM:64 / 37New:0Total:7
2 Beds
Avg:$254,552Median:$165,000Range:$25,000 – $2,650,000PSF:$202 / $135Sq Ft:1,266 / 1,100DOM:85 / 58New:0Total:66
3 Beds
Avg:$397,154Median:$469,000Range:$79,500 – $675,000PSF:$287 / $309Sq Ft:1,444 / 1,354DOM:52 / 34New:6Total:63
4 Beds
Avg:$515,308Median:$565,000Range:$175,000 – $799,900PSF:$277 / $305Sq Ft:1,869 / 1,800DOM:37 / 28New:3Total:31
5 Beds
Avg:$586,938Median:$549,250Range:$480,000 – $709,500PSF:$279 / $279Sq Ft:2,140 / 1,940DOM:81 / 42New:0Total:4
6 Beds
Avg:$908,575Median:$879,300Range:$620,000 – $1,200,000PSF:$339 / $263Sq Ft:2,808 / 2,610DOM:96 / 21New:0Total:4
7 Beds
Avg:$989,000Median:$989,000Range:$989,000 – $989,000PSF:$260 / $260Sq Ft:3,800 / 3,800DOM:New:0Total:1
8 Beds
Avg:$1,002,083Median:$995,000Range:$800,000 – $1,249,000PSF:$286 / $281Sq Ft:3,617 / 3,784DOM:68 / 70New:2Total:9

Rental Market Overview

Median Rent
$1,795
+0.5%
Median DOM
1
0.0%
New Listings
20
Inventory
98
−2.0%
  • Average Rent: $1,898
  • Median Rent: $1,795
  • Rent Range: $1,099 – $3,800
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 955 / 900
  • Square Footage Range: 431 – 2,410
  • Days on Market (Avg/Median): 39 / 1
  • Days on Market Range: 1 – 316
  • New Listings: 20
  • Total Listings: 98

Rentals by Property Type

Apartment
$1,650
Median DOM: 39
Inventory: 50
MoM: +0.5%
Condo
$1,699
Median DOM: 7
Inventory: 10
MoM: +0.5%
Single Family
$2,695
Median DOM: 1
Inventory: 15
MoM: +0.5%
Townhouse
$1,795
Median DOM: 3
Inventory: 5
MoM: +0.5%
Apartment
Avg/Median Rent$1,645 / $1,650Range$1,099 – $2,275Rent per Sq Ft$2 / $2Sq Ft804 / 795DOM69 / 39New6Total50
Condo
Avg/Median Rent$1,657 / $1,699Range$1,195 – $1,895Rent per Sq Ft$2 / $2Sq Ft846 / 858DOM30 / 7New2Total10
Multi-Family
Avg/Median Rent$2,002 / $1,995Range$1,895 – $2,195Rent per Sq Ft$2 / $2Sq Ft901 / 895DOM1 / 1New8Total18
Single Family
Avg/Median Rent$2,674 / $2,695Range$1,500 – $3,800Rent per Sq Ft$2 / $2Sq Ft1,499 / 1,510DOM21 / 1New3Total15
Townhouse
Avg/Median Rent$2,204 / $1,795Range$1,650 – $3,275Rent per Sq Ft$2 / $2Sq Ft1,184 / 939DOM34 / 3New1Total5

Rentals by Bedroom Count

Studio
Avg:$1,400Median:$1,400Range:$1,400 – $1,400PSF:Sq Ft:DOM:1 / 1New:1Total:1
1 Beds
Avg:$1,432Median:$1,399Range:$1,099 – $1,900PSF:$2 / $2Sq Ft:614 / 595DOM:54 / 6New:3Total:23
2 Beds
Avg:$1,852Median:$1,895Range:$1,375 – $2,600PSF:$2 / $2Sq Ft:935 / 900DOM:30 / 1New:15Total:57
3 Beds
Avg:$2,592Median:$2,400Range:$1,900 – $3,800PSF:$2 / $2Sq Ft:1,380 / 1,336DOM:56 / 19New:1Total:14
4 Beds
Avg:$3,238Median:$3,200Range:$3,200 – $3,275PSF:$2 / $2Sq Ft:1,918 / 1,807DOM:79 / 1New:0Total:2
5 Beds
Avg:$3,325Median:$3,325Range:$3,325 – $3,325PSF:$2 / $2Sq Ft:2,040 / 2,040DOM:1 / 1New:0Total:1

6-Month Sales Trend

Feb 2026
Median Price:$279,000Median DOM:70New:22Total:144
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:$400,000Median DOM:39New:11Total:187

6-Month Rental Trend

Feb 2026
Median Rent:$1,699Median DOM:25New:21Total:88
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:1New:20Total:98

Key Market Takeaways

Median sale prices moved higher this month while inventory expanded. Days on market lengthened, signaling slower buyer activity. Rental pricing increased, 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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