ZIP 98003 Housing Market Report
Northwest Seattle
Report period: August 2026
98003 Monthly Market Update – August 2026
ZIP 98003 · Last updated Aug 9, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$400,000
+8.7%
Median DOM (Sales)
43
−15.7%
New Listings (Sales)
30
−46.4%
Median Rent
$1,850
0.0%
Median DOM (Rental)
5
+25.0%
Total Rental Listings
111
+3.7%
Month-over-Month Movement
Median sale prices moved higher. Days on market improved. Rents were stable. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Single Family (26 DOM)
- Fastest renting: Single Family (1 DOM)
- Strongest bedroom: 8 Beds ($899,950 median)
Sales Market Overview
Median Price
$400,000
+8.7%
Median DOM
43
−15.7%
New Listings
30
−46.4%
Inventory
244
+11.9%
- Average Price: $491,951
- Median Price: $400,000
- Price Range: $62,500 – $2,700,000
- Price per Sq Ft (Avg/Median): $289 / $303
- Square Footage (Avg/Median): 1,660 / 1,440
- Square Footage Range: 583 – 5,030
- Days on Market (Avg/Median): 69 / 43
- Days on Market Range: 1 – 346
- New Listings: 30
- Total Listings: 244
Sales by Property Type
Condo
Avg/Median Price$279,865 / $275,000Range$169,500 – $399,999Price per Sq Ft$303 / $305Sq Ft928 / 951DOM73 / 60New5Total54
Land
Avg/Median Price$687,425 / $259,950Range$85,000 – $2,700,000Price per Sq Ft—Sq Ft—DOM77 / 40New0Total8
Manufactured
Avg/Median Price$159,377 / $150,000Range$62,500 – $350,000Price per Sq Ft$121 / $116Sq Ft1,366 / 1,344DOM118 / 66New5Total47
Multi-Family
Avg/Median Price$843,836 / $845,000Range$584,900 – $990,000Price per Sq Ft$275 / $275Sq Ft3,098 / 3,056DOM103 / 109New1Total7
Single Family
Avg/Median Price$725,767 / $660,000Range$285,000 – $1,648,000Price per Sq Ft$353 / $339Sq Ft2,146 / 2,049DOM44 / 26New18Total109
Townhouse
Avg/Median Price$364,092 / $349,999Range$290,000 – $479,000Price per Sq Ft$304 / $300Sq Ft1,227 / 1,109DOM71 / 40New1Total19
Sales by Bedroom Count
1 Beds
Avg:$280,421Median:$215,000Range:$169,500 – $895,000PSF:$377 / $322Sq Ft:694 / 623DOM:41 / 19New:3Total:10
2 Beds
Avg:$265,746Median:$275,000Range:$62,500 – $925,000PSF:$244 / $267Sq Ft:1,138 / 1,070DOM:98 / 60New:7Total:86
3 Beds
Avg:$495,158Median:$515,000Range:$82,500 – $1,299,900PSF:$311 / $337Sq Ft:1,590 / 1,512DOM:50 / 26New:10Total:72
4 Beds
Avg:$737,911Median:$670,000Range:$169,900 – $1,648,000PSF:$314 / $309Sq Ft:2,376 / 2,280DOM:47 / 32New:9Total:52
5 Beds
Avg:$943,350Median:$879,000Range:$695,000 – $1,450,000PSF:$316 / $302Sq Ft:3,021 / 2,700DOM:74 / 61New:0Total:10
6 Beds
Avg:$849,000Median:$799,000Range:$799,000 – $899,000PSF:$292 / $289Sq Ft:2,911 / 2,712DOM:56 / 2New:1Total:2
8 Beds
Avg:$930,988Median:$899,950Range:$845,000 – $990,000PSF:$275 / $275Sq Ft:3,404 / 3,056DOM:137 / 129New:0Total:4
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $280,421 | $215,000 | $169,500 – $895,000 | $377 / $322 | 694 / 623 | 41 / 19 | 3 | 10 |
| 2 Beds | $265,746 | $275,000 | $62,500 – $925,000 | $244 / $267 | 1,138 / 1,070 | 98 / 60 | 7 | 86 |
| 3 Beds | $495,158 | $515,000 | $82,500 – $1,299,900 | $311 / $337 | 1,590 / 1,512 | 50 / 26 | 10 | 72 |
| 4 Beds | $737,911 | $670,000 | $169,900 – $1,648,000 | $314 / $309 | 2,376 / 2,280 | 47 / 32 | 9 | 52 |
| 5 Beds | $943,350 | $879,000 | $695,000 – $1,450,000 | $316 / $302 | 3,021 / 2,700 | 74 / 61 | 0 | 10 |
| 6 Beds | $849,000 | $799,000 | $799,000 – $899,000 | $292 / $289 | 2,911 / 2,712 | 56 / 2 | 1 | 2 |
| 8 Beds | $930,988 | $899,950 | $845,000 – $990,000 | $275 / $275 | 3,404 / 3,056 | 137 / 129 | 0 | 4 |
Rental Market Overview
Median Rent
$1,850
0.0%
Median DOM
5
+25.0%
New Listings
24
Inventory
111
+3.7%
- Average Rent: $2,088
- Median Rent: $1,850
- Rent Range: $900 – $9,350
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,040 / 953
- Square Footage Range: 432 – 3,008
- Days on Market (Avg/Median): 53 / 5
- Days on Market Range: 1 – 326
- New Listings: 24
- Total Listings: 111
Rentals by Property Type
Apartment
$1,750
Median DOM: 28
Inventory: 67
MoM: 0.0%
Condo
$1,785
Median DOM: 8
Inventory: 16
MoM: 0.0%
Single Family
$3,100
Median DOM: 1
Inventory: 26
MoM: 0.0%
Townhouse
$1,850
Median DOM: 50
Inventory: 2
MoM: 0.0%
Apartment
Avg/Median Rent$1,784 / $1,750Range$1,000 – $2,900Rent per Sq Ft$2 / $2Sq Ft856 / 800DOM76 / 28New10Total67
Condo
Avg/Median Rent$1,782 / $1,785Range$900 – $2,595Rent per Sq Ft$2 / $2Sq Ft930 / 888DOM32 / 8New5Total16
Single Family
Avg/Median Rent$3,061 / $3,100Range$950 – $9,350Rent per Sq Ft$2 / $2Sq Ft1,571 / 1,500DOM12 / 1New9Total26
Townhouse
Avg/Median Rent$2,075 / $1,850Range$1,850 – $2,300Rent per Sq Ft$2 / $2Sq Ft1,009 / 918DOM168 / 50New0Total2
Rentals by Bedroom Count
Studio
Avg:$1,500Median:$1,311Range:$1,299 – $1,890PSF:$3 / $3Sq Ft:478 / 432DOM:46 / 1New:0Total:3
1 Beds
Avg:$1,479Median:$1,495Range:$900 – $1,995PSF:$2 / $2Sq Ft:753 / 700DOM:77 / 14New:6Total:34
2 Beds
Avg:$1,925Median:$1,875Range:$1,450 – $2,595PSF:$2 / $2Sq Ft:960 / 992DOM:68 / 26New:11Total:46
3 Beds
Avg:$2,691Median:$2,600Range:$2,034 – $3,295PSF:$2 / $2Sq Ft:1,381 / 1,110DOM:15 / 1New:3Total:16
4 Beds
Avg:$3,274Median:$3,295Range:$2,850 – $4,000PSF:$2 / $2Sq Ft:1,663 / 1,700DOM:12 / 1New:3Total:11
5 Beds
Avg:$9,350Median:$9,350Range:$9,350 – $9,350PSF:$3 / $3Sq Ft:3,008 / 3,008DOM:1 / 1New:1Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,500 | $1,311 | $1,299 – $1,890 | $3 / $3 | 478 / 432 | 46 / 1 | 0 | 3 |
| 1 Beds | $1,479 | $1,495 | $900 – $1,995 | $2 / $2 | 753 / 700 | 77 / 14 | 6 | 34 |
| 2 Beds | $1,925 | $1,875 | $1,450 – $2,595 | $2 / $2 | 960 / 992 | 68 / 26 | 11 | 46 |
| 3 Beds | $2,691 | $2,600 | $2,034 – $3,295 | $2 / $2 | 1,381 / 1,110 | 15 / 1 | 3 | 16 |
| 4 Beds | $3,274 | $3,295 | $2,850 – $4,000 | $2 / $2 | 1,663 / 1,700 | 12 / 1 | 3 | 11 |
| 5 Beds | $9,350 | $9,350 | $9,350 – $9,350 | $3 / $3 | 3,008 / 3,008 | 1 / 1 | 1 | 1 |
6-Month Sales Trend
Mar 2026
Median Price:$409,950Median DOM:33New:49Total:167
Apr 2026
Median Price:$409,950Median DOM:37New:55Total:183
May 2026
Median Price:$395,000Median DOM:38New:67Total:213
Jun 2026
Median Price:$380,000Median DOM:48New:40Total:207
Jul 2026
Median Price:$367,950Median DOM:51New:56Total:218
Aug 2026
Median Price:$400,000Median DOM:43New:30Total:244
6-Month Rental Trend
Mar 2026
Median Rent:$1,800Median DOM:69New:21Total:102
Apr 2026
Median Rent:$1,799Median DOM:33New:34Total:105
May 2026
Median Rent:$1,789Median DOM:14New:34Total:98
Jun 2026
Median Rent:$1,785Median DOM:1New:42Total:100
Jul 2026
Median Rent:$1,850Median DOM:4New:43Total:107
Aug 2026
Median Rent:$1,850Median DOM:5New:24Total:111
Key Market Takeaways
Median sale prices moved higher this month while inventory expanded. Days on market declined, signaling improving 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.
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