ZIP 98005 Housing Market Report

Northwest Seattle

Report period: July 2026

98005 Monthly Market Update – July 2026

ZIP 98005 · Last updated Jul 10, 2026 · Data range Feb 2026 – Jul 2026

Executive Snapshot

Median Sale Price
$1,465,000
−7.7%
Median DOM (Sales)
42
+13.5%
New Listings (Sales)
7
−82.5%
Median Rent
$2,600
0.0%
Median DOM (Rental)
8
−11.1%
Total Rental Listings
65
+3.2%

Month-over-Month Movement

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

What's Moving Fastest

  • Fastest selling: Single Family (36 DOM)
  • Fastest renting: Condo (1 DOM)
  • Strongest bedroom: 6 Beds ($2,990,000 median)

Sales Market Overview

Median Price
$1,465,000
−7.7%
Median DOM
42
+13.5%
New Listings
7
−82.5%
Inventory
131
+0.8%
  • Average Price: $1,693,454
  • Median Price: $1,465,000
  • Price Range: $330,000 – $6,985,000
  • Price per Sq Ft (Avg/Median): $656 / $638
  • Square Footage (Avg/Median): 2,416 / 2,074
  • Square Footage Range: 560 – 6,166
  • Days on Market (Avg/Median): 53 / 42
  • Days on Market Range: 2 – 260
  • New Listings: 7
  • Total Listings: 131

Sales by Property Type

Condo
Avg/Median Price$503,439 / $490,000Range$330,000 – $799,000Price per Sq Ft$496 / $494Sq Ft1,032 / 983DOM58 / 43New3Total37
Land
Avg/Median Price$1,139,950 / $1,139,950Range$1,139,950 – $1,139,950Price per Sq FtSq FtDOM50 / 50New0Total1
Single Family
Avg/Median Price$2,608,330 / $2,194,000Range$1,299,000 – $6,985,000Price per Sq Ft$745 / $730Sq Ft3,498 / 3,120DOM48 / 36New2Total65
Townhouse
Avg/Median Price$1,161,923 / $1,050,000Range$455,000 – $2,185,000Price per Sq Ft$661 / $658Sq Ft1,732 / 1,629DOM57 / 42New2Total28

Sales by Bedroom Count

1 Beds
Avg:$407,188Median:$360,000Range:$330,000 – $588,000PSF:$544 / $523Sq Ft:760 / 687DOM:58 / 29New:0Total:8
2 Beds
Avg:$564,140Median:$509,900Range:$375,000 – $900,000PSF:$519 / $502Sq Ft:1,091 / 1,053DOM:57 / 42New:3Total:33
3 Beds
Avg:$1,261,598Median:$1,190,000Range:$515,000 – $1,900,000PSF:$654 / $632Sq Ft:1,921 / 1,922DOM:41 / 27New:3Total:25
4 Beds
Avg:$2,379,436Median:$2,170,000Range:$1,149,000 – $6,985,000PSF:$754 / $731Sq Ft:3,150 / 2,880DOM:57 / 45New:1Total:43
5 Beds
Avg:$3,099,136Median:$2,368,000Range:$1,450,000 – $6,489,990PSF:$727 / $729Sq Ft:4,139 / 4,061DOM:49 / 28New:0Total:20
6 Beds
Avg:$2,990,000Median:$2,990,000Range:$2,990,000 – $2,990,000PSF:$521 / $521Sq Ft:5,740 / 5,740DOM:30 / 30New:0Total:1

Rental Market Overview

Median Rent
$2,600
0.0%
Median DOM
8
−11.1%
New Listings
8
Inventory
65
+3.2%
  • Average Rent: $3,238
  • Median Rent: $2,600
  • Rent Range: $1,495 – $9,900
  • Rent per Sq Ft (Avg/Median): $3 / $3
  • Square Footage (Avg/Median): 1,293 / 920
  • Square Footage Range: 300 – 5,500
  • Days on Market (Avg/Median): 66 / 8
  • Days on Market Range: 1 – 348
  • New Listings: 8
  • Total Listings: 65

Rentals by Property Type

Apartment
$2,289
Median DOM: 204
Inventory: 31
MoM: 0.0%
Condo
$2,600
Median DOM: 1
Inventory: 13
MoM: 0.0%
Single Family
$5,200
Median DOM: 1
Inventory: 15
MoM: 0.0%
Townhouse
$3,200
Median DOM: 1
Inventory: 6
MoM: 0.0%
Apartment
Avg/Median Rent$2,350 / $2,289Range$1,495 – $3,930Rent per Sq Ft$3 / $3Sq Ft764 / 735DOM168 / 204New0Total31
Condo
Avg/Median Rent$2,613 / $2,600Range$1,875 – $3,400Rent per Sq Ft$3 / $3Sq Ft955 / 885DOM38 / 1New4Total13
Single Family
Avg/Median Rent$5,459 / $5,200Range$2,600 – $9,900Rent per Sq Ft$2 / $2Sq Ft2,601 / 2,320DOM29 / 1New3Total15
Townhouse
Avg/Median Rent$3,625 / $3,200Range$3,050 – $4,550Rent per Sq Ft$2 / $3Sq Ft1,485 / 1,558DOM13 / 1New1Total6

Rentals by Bedroom Count

Studio
Avg:$1,939Median:$1,950Range:$1,495 – $2,381PSF:$5 / $4Sq Ft:430 / 436DOM:348 / 348New:0Total:6
1 Beds
Avg:$2,163Median:$2,156Range:$1,595 – $2,701PSF:$3 / $3Sq Ft:705 / 666DOM:94 / 19New:1Total:15
2 Beds
Avg:$2,772Median:$2,600Range:$1,895 – $3,930PSF:$3 / $3Sq Ft:1,029 / 920DOM:57 / 5New:4Total:26
3 Beds
Avg:$4,300Median:$4,199Range:$2,600 – $5,850PSF:$2 / $3Sq Ft:1,827 / 1,790DOM:50 / 8New:0Total:9
4 Beds
Avg:$5,814Median:$5,500Range:$4,650 – $7,900PSF:$2 / $2Sq Ft:2,796 / 2,720DOM:53 / 1New:3Total:7
5 Beds
Avg:$7,448Median:$4,995Range:$4,995 – $9,900PSF:$2 / $2Sq Ft:4,050 / 2,600DOM:13 / 1New:0Total:2

6-Month Sales Trend

Feb 2026
Median Price:$1,355,000Median DOM:22New:32Total:84
Mar 2026
Median Price:$1,395,000Median DOM:24New:37Total:101
Apr 2026
Median Price:$1,600,000Median DOM:30New:36Total:113
May 2026
Median Price:$1,500,000Median DOM:30New:43Total:123
Jun 2026
Median Price:$1,588,000Median DOM:37New:40Total:130
Jul 2026
Median Price:$1,465,000Median DOM:42New:7Total:131

6-Month Rental Trend

Feb 2026
Median Rent:$2,570Median DOM:23New:10Total:61
Mar 2026
Median Rent:$2,600Median DOM:14New:16Total:56
Apr 2026
Median Rent:$2,500Median DOM:18New:12Total:61
May 2026
Median Rent:$2,600Median DOM:17New:13Total:61
Jun 2026
Median Rent:$2,600Median DOM:9New:20Total:63
Jul 2026
Median Rent:$2,600Median DOM:8New:8Total:65

Key Market Takeaways

Median sale prices softened this month while inventory expanded. Days on market lengthened, signaling slower 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.

← Back to Northwest Seattle