ZIP 98004 Housing Market Report

Northwest Seattle

Report period: July 2026

98004 Monthly Market Update – July 2026

ZIP 98004 · Last updated Jul 10, 2026 · Data range Feb 2026 – Jul 2026

Executive Snapshot

Median Sale Price
$2,150,000
−1.7%
Median DOM (Sales)
48
+4.3%
New Listings (Sales)
22
−74.1%
Median Rent
$2,915
+4.1%
Median DOM (Rental)
7
−22.2%
Total Rental Listings
177
+8.6%

Month-over-Month Movement

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

What's Moving Fastest

  • Fastest selling: Land (25 DOM)
  • Fastest renting: Single Family (1 DOM)
  • Strongest bedroom: 8 Beds ($7,800,000 median)

Sales Market Overview

Median Price
$2,150,000
−1.7%
Median DOM
48
+4.3%
New Listings
22
−74.1%
Inventory
363
+1.1%
  • Average Price: $2,678,517
  • Median Price: $2,150,000
  • Price Range: $325,000 – $10,000,000
  • Price per Sq Ft (Avg/Median): $1,015 / $903
  • Square Footage (Avg/Median): 2,636 / 1,840
  • Square Footage Range: 451 – 10,270
  • Days on Market (Avg/Median): 62 / 48
  • Days on Market Range: 1 – 364
  • New Listings: 22
  • Total Listings: 363

Sales by Property Type

Condo
Avg/Median Price$1,265,284 / $899,000Range$325,000 – $7,850,000Price per Sq Ft$996 / $847Sq Ft1,181 / 1,062DOM64 / 50New11Total169
Land
Avg/Median Price$3,307,325 / $2,299,000Range$1,075,000 – $8,000,000Price per Sq FtSq FtDOM91 / 25New1Total6
Single Family
Avg/Median Price$4,220,606 / $3,995,000Range$1,075,000 – $10,000,000Price per Sq Ft$1,063 / $966Sq Ft4,195 / 4,170DOM59 / 45New10Total168
Townhouse
Avg/Median Price$1,478,139 / $1,475,000Range$599,000 – $2,750,000Price per Sq Ft$776 / $761Sq Ft1,841 / 2,053DOM57 / 48New0Total20

Sales by Bedroom Count

Studio
Avg:$476,000Median:$370,000Range:$365,000 – $669,000PSF:$825 / $809Sq Ft:575 / 507DOM:58 / 30New:0Total:4
1 Beds
Avg:$691,001Median:$620,000Range:$325,000 – $1,388,500PSF:$900 / $819Sq Ft:773 / 723DOM:63 / 46New:4Total:60
2 Beds
Avg:$1,458,306Median:$1,195,000Range:$374,950 – $7,900,000PSF:$1,006 / $853Sq Ft:1,367 / 1,302DOM:70 / 57New:4Total:105
3 Beds
Avg:$2,681,369Median:$2,188,000Range:$625,000 – $8,635,000PSF:$1,176 / $1,040Sq Ft:2,267 / 2,101DOM:53 / 48New:3Total:52
4 Beds
Avg:$3,494,047Median:$3,050,000Range:$1,349,000 – $10,000,000PSF:$1,096 / $911Sq Ft:3,452 / 3,280DOM:54 / 39New:3Total:53
5 Beds
Avg:$5,125,864Median:$4,875,000Range:$1,899,000 – $9,950,000PSF:$989 / $948Sq Ft:5,160 / 5,067DOM:65 / 45New:4Total:60
6 Beds
Avg:$5,272,904Median:$4,900,000Range:$2,299,000 – $9,488,000PSF:$905 / $942Sq Ft:5,827 / 5,550DOM:49 / 37New:3Total:22
8 Beds
Avg:$7,800,000Median:$7,800,000Range:$7,800,000 – $7,800,000PSF:$759 / $759Sq Ft:10,270 / 10,270DOM:New:0Total:1

Rental Market Overview

Median Rent
$2,915
+4.1%
Median DOM
7
−22.2%
New Listings
30
Inventory
177
+8.6%
  • Average Rent: $3,615
  • Median Rent: $2,915
  • Rent Range: $1,115 – $9,950
  • Rent per Sq Ft (Avg/Median): $4 / $3
  • Square Footage (Avg/Median): 1,114 / 868
  • Square Footage Range: 300 – 5,028
  • Days on Market (Avg/Median): 49 / 7
  • Days on Market Range: 1 – 309
  • New Listings: 30
  • Total Listings: 177

Rentals by Property Type

Apartment
$2,480
Median DOM: 36
Inventory: 98
MoM: +4.1%
Condo
$3,095
Median DOM: 5
Inventory: 47
MoM: +4.1%
Single Family
$4,900
Median DOM: 1
Inventory: 25
MoM: +4.1%
Townhouse
$5,500
Median DOM: 32
Inventory: 7
MoM: +4.1%
Apartment
Avg/Median Rent$3,005 / $2,480Range$1,115 – $8,750Rent per Sq Ft$4 / $4Sq Ft796 / 700DOM94 / 36New5Total98
Condo
Avg/Median Rent$3,548 / $3,095Range$1,650 – $8,495Rent per Sq Ft$4 / $3Sq Ft1,020 / 1,010DOM15 / 5New12Total47
Single Family
Avg/Median Rent$5,439 / $4,900Range$1,795 – $9,950Rent per Sq Ft$3 / $3Sq Ft2,249 / 2,270DOM12 / 1New13Total25
Townhouse
Avg/Median Rent$6,086 / $5,500Range$3,150 – $8,750Rent per Sq Ft$3 / $3Sq Ft2,011 / 2,175DOM39 / 32New0Total7

Rentals by Bedroom Count

Studio
Avg:$2,261Median:$2,242Range:$1,115 – $3,540PSF:$5 / $5Sq Ft:495 / 480DOM:54 / 13New:0Total:33
1 Beds
Avg:$2,746Median:$2,450Range:$1,475 – $6,997PSF:$4 / $3Sq Ft:732 / 700DOM:86 / 30New:9Total:62
2 Beds
Avg:$4,011Median:$3,700Range:$1,469 – $8,495PSF:$3 / $3Sq Ft:1,222 / 1,155DOM:30 / 7New:12Total:61
3 Beds
Avg:$7,057Median:$8,000Range:$4,450 – $8,750PSF:$3 / $3Sq Ft:2,330 / 2,270DOM:17 / 4New:2Total:7
4 Beds
Avg:$6,129Median:$5,900Range:$3,600 – $9,950PSF:$2 / $2Sq Ft:2,584 / 2,650DOM:20 / 1New:3Total:8
5 Beds
Avg:$8,658Median:$9,000Range:$6,395 – $9,900PSF:$2 / $2Sq Ft:3,973 / 3,790DOM:3 / 1New:4Total:6

6-Month Sales Trend

Feb 2026
Median Price:$1,899,000Median DOM:44New:56Total:196
Mar 2026
Median Price:$2,010,000Median DOM:33New:84Total:230
Apr 2026
Median Price:$2,095,000Median DOM:36New:90Total:269
May 2026
Median Price:$2,088,000Median DOM:37New:117Total:335
Jun 2026
Median Price:$2,188,000Median DOM:46New:85Total:359
Jul 2026
Median Price:$2,150,000Median DOM:48New:22Total:363

6-Month Rental Trend

Feb 2026
Median Rent:$2,595Median DOM:13New:45Total:158
Mar 2026
Median Rent:$2,575Median DOM:6New:48Total:157
Apr 2026
Median Rent:$2,650Median DOM:7New:41Total:152
May 2026
Median Rent:$2,800Median DOM:12New:38Total:153
Jun 2026
Median Rent:$2,801Median DOM:9New:42Total:163
Jul 2026
Median Rent:$2,915Median DOM:7New:30Total:177

Key Market Takeaways

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