ZIP 98004 Housing Market Report
Northwest Seattle
Report period: August 2026
98004 Monthly Market Update – August 2026
ZIP 98004 · Last updated Aug 10, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$1,890,000
−3.0%
Median DOM (Sales)
51
+2.0%
New Listings (Sales)
26
−72.6%
Median Rent
$2,808
+4.0%
Median DOM (Rental)
6
+50.0%
Total Rental Listings
176
+1.1%
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: Single Family (46 DOM)
- Fastest renting: Condo (1 DOM)
- Strongest bedroom: 8 Beds ($7,399,900 median)
Sales Market Overview
Median Price
$1,890,000
−3.0%
Median DOM
51
+2.0%
New Listings
26
−72.6%
Inventory
357
+0.3%
- Average Price: $2,571,461
- Median Price: $1,890,000
- Price Range: $298,500 – $9,500,000
- Price per Sq Ft (Avg/Median): $1,014 / $909
- Square Footage (Avg/Median): 2,508 / 1,765
- Square Footage Range: 435 – 10,270
- Days on Market (Avg/Median): 66 / 51
- Days on Market Range: 1 – 364
- New Listings: 26
- Total Listings: 357
Sales by Property Type
Condo
Avg/Median Price$1,279,469 / $884,000Range$298,500 – $7,850,000Price per Sq Ft$981 / $831Sq Ft1,194 / 1,100DOM66 / 53New10Total176
Land
Avg/Median Price$3,172,492 / $1,980,000Range$1,075,000 – $8,000,000Price per Sq Ft—Sq Ft—DOM107 / 59New1Total6
Single Family
Avg/Median Price$4,122,551 / $3,798,000Range$1,075,000 – $9,500,000Price per Sq Ft$1,080 / $981Sq Ft4,052 / 4,040DOM64 / 46New14Total157
Townhouse
Avg/Median Price$1,474,988 / $1,500,000Range$585,000 – $2,550,000Price per Sq Ft$752 / $778Sq Ft1,888 / 2,053DOM69 / 58New1Total18
Sales by Bedroom Count
Studio
Avg:$479,200Median:$450,000Range:$348,000 – $669,000PSF:$891 / $828Sq Ft:547 / 507DOM:64 / 60New:0Total:5
1 Beds
Avg:$666,111Median:$599,000Range:$298,500 – $1,388,500PSF:$867 / $812Sq Ft:768 / 722DOM:62 / 46New:2Total:59
2 Beds
Avg:$1,442,679Median:$1,193,600Range:$374,950 – $7,900,000PSF:$982 / $853Sq Ft:1,378 / 1,294DOM:74 / 59New:6Total:106
3 Beds
Avg:$2,569,236Median:$2,090,000Range:$585,000 – $8,635,000PSF:$1,183 / $1,038Sq Ft:2,147 / 1,990DOM:55 / 35New:7Total:61
4 Beds
Avg:$3,499,948Median:$3,200,000Range:$1,399,000 – $9,500,000PSF:$1,117 / $952Sq Ft:3,365 / 3,117DOM:47 / 25New:5Total:50
5 Beds
Avg:$5,230,583Median:$4,860,000Range:$2,250,000 – $9,500,000PSF:$1,006 / $964Sq Ft:5,226 / 5,263DOM:78 / 67New:4Total:51
6 Beds
Avg:$5,470,883Median:$4,950,000Range:$2,990,000 – $9,488,000PSF:$892 / $942Sq Ft:6,108 / 5,638DOM:72 / 68New:1Total:18
8 Beds
Avg:$7,399,900Median:$7,399,900Range:$7,399,900 – $7,399,900PSF:$721 / $721Sq Ft:10,270 / 10,270DOM:—New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $479,200 | $450,000 | $348,000 – $669,000 | $891 / $828 | 547 / 507 | 64 / 60 | 0 | 5 |
| 1 Beds | $666,111 | $599,000 | $298,500 – $1,388,500 | $867 / $812 | 768 / 722 | 62 / 46 | 2 | 59 |
| 2 Beds | $1,442,679 | $1,193,600 | $374,950 – $7,900,000 | $982 / $853 | 1,378 / 1,294 | 74 / 59 | 6 | 106 |
| 3 Beds | $2,569,236 | $2,090,000 | $585,000 – $8,635,000 | $1,183 / $1,038 | 2,147 / 1,990 | 55 / 35 | 7 | 61 |
| 4 Beds | $3,499,948 | $3,200,000 | $1,399,000 – $9,500,000 | $1,117 / $952 | 3,365 / 3,117 | 47 / 25 | 5 | 50 |
| 5 Beds | $5,230,583 | $4,860,000 | $2,250,000 – $9,500,000 | $1,006 / $964 | 5,226 / 5,263 | 78 / 67 | 4 | 51 |
| 6 Beds | $5,470,883 | $4,950,000 | $2,990,000 – $9,488,000 | $892 / $942 | 6,108 / 5,638 | 72 / 68 | 1 | 18 |
| 8 Beds | $7,399,900 | $7,399,900 | $7,399,900 – $7,399,900 | $721 / $721 | 10,270 / 10,270 | — | 0 | 1 |
Rental Market Overview
Median Rent
$2,808
+4.0%
Median DOM
6
+50.0%
New Listings
38
Inventory
176
+1.1%
- Average Rent: $3,592
- Median Rent: $2,808
- Rent Range: $1,195 – $10,000
- Rent per Sq Ft (Avg/Median): $4 / $3
- Square Footage (Avg/Median): 1,163 / 840
- Square Footage Range: 300 – 5,028
- Days on Market (Avg/Median): 49 / 6
- Days on Market Range: 1 – 340
- New Listings: 38
- Total Listings: 176
Rentals by Property Type
Apartment
$2,450
Median DOM: 85
Inventory: 87
MoM: +4.0%
Condo
$2,970
Median DOM: 1
Inventory: 53
MoM: +4.0%
Single Family
$5,500
Median DOM: 1
Inventory: 31
MoM: +4.0%
Townhouse
$4,850
Median DOM: 30
Inventory: 5
MoM: +4.0%
Apartment
Avg/Median Rent$2,889 / $2,450Range$1,195 – $8,750Rent per Sq Ft$4 / $4Sq Ft750 / 691DOM117 / 85New8Total87
Condo
Avg/Median Rent$3,312 / $2,970Range$1,695 – $8,495Rent per Sq Ft$3 / $3Sq Ft960 / 845DOM11 / 1New16Total53
Single Family
Avg/Median Rent$5,758 / $5,500Range$2,300 – $10,000Rent per Sq Ft$3 / $2Sq Ft2,527 / 2,290DOM12 / 1New12Total31
Townhouse
Avg/Median Rent$5,360 / $4,850Range$3,150 – $8,750Rent per Sq Ft$3 / $3Sq Ft1,895 / 1,575DOM33 / 30New2Total5
Rentals by Bedroom Count
Studio
Avg:$2,154Median:$2,092Range:$1,195 – $3,340PSF:$4 / $4Sq Ft:499 / 480DOM:59 / 14New:2Total:30
1 Beds
Avg:$2,689Median:$2,450Range:$1,475 – $6,999PSF:$4 / $3Sq Ft:702 / 685DOM:79 / 8New:10Total:61
2 Beds
Avg:$3,783Median:$3,115Range:$2,095 – $8,495PSF:$3 / $3Sq Ft:1,154 / 1,081DOM:39 / 5New:14Total:57
3 Beds
Avg:$5,868Median:$5,500Range:$2,948 – $8,750PSF:$3 / $3Sq Ft:2,006 / 2,155DOM:17 / 6New:2Total:11
4 Beds
Avg:$6,520Median:$5,750Range:$3,600 – $10,000PSF:$2 / $2Sq Ft:3,104 / 2,947DOM:5 / 1New:7Total:10
5 Beds
Avg:$8,306Median:$8,990Range:$5,900 – $9,800PSF:$2 / $2Sq Ft:3,851 / 3,790DOM:9 / 1New:3Total:7
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $2,154 | $2,092 | $1,195 – $3,340 | $4 / $4 | 499 / 480 | 59 / 14 | 2 | 30 |
| 1 Beds | $2,689 | $2,450 | $1,475 – $6,999 | $4 / $3 | 702 / 685 | 79 / 8 | 10 | 61 |
| 2 Beds | $3,783 | $3,115 | $2,095 – $8,495 | $3 / $3 | 1,154 / 1,081 | 39 / 5 | 14 | 57 |
| 3 Beds | $5,868 | $5,500 | $2,948 – $8,750 | $3 / $3 | 2,006 / 2,155 | 17 / 6 | 2 | 11 |
| 4 Beds | $6,520 | $5,750 | $3,600 – $10,000 | $2 / $2 | 3,104 / 2,947 | 5 / 1 | 7 | 10 |
| 5 Beds | $8,306 | $8,990 | $5,900 – $9,800 | $2 / $2 | 3,851 / 3,790 | 9 / 1 | 3 | 7 |
6-Month Sales Trend
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:$1,948,000Median DOM:50New:95Total:356
Aug 2026
Median Price:$1,890,000Median DOM:51New:26Total:357
6-Month Rental Trend
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:$2,700Median DOM:4New:61Total:174
Aug 2026
Median Rent:$2,808Median DOM:6New:38Total:176
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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