ZIP 98007 Housing Market Report

Northwest Seattle

Report period: August 2026

98007 Monthly Market Update – August 2026

ZIP 98007 · Last updated Aug 9, 2026 · Data range Mar 2026 – Aug 2026

Executive Snapshot

Median Sale Price
$999,500
−0.1%
Median DOM (Sales)
46
+7.0%
New Listings (Sales)
10
−72.2%
Median Rent
$2,454
−4.0%
Median DOM (Rental)
16
0.0%
Total Rental Listings
94
+5.6%

Month-over-Month Movement

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

What's Moving Fastest

  • Fastest selling: Single Family (32 DOM)
  • Fastest renting: Single Family (1 DOM)
  • Strongest bedroom: 6 Beds ($2,195,000 median)

Sales Market Overview

Median Price
$999,500
−0.1%
Median DOM
46
+7.0%
New Listings
10
−72.2%
Inventory
145
−2.0%
  • Average Price: $1,146,367
  • Median Price: $999,500
  • Price Range: $225,000 – $3,699,000
  • Price per Sq Ft (Avg/Median): $557 / $522
  • Square Footage (Avg/Median): 1,926 / 1,680
  • Square Footage Range: 610 – 4,960
  • Days on Market (Avg/Median): 61 / 46
  • Days on Market Range: 2 – 348
  • New Listings: 10
  • Total Listings: 145

Sales by Property Type

Condo
Avg/Median Price$544,487 / $425,000Range$225,000 – $2,149,995Price per Sq Ft$447 / $439Sq Ft1,131 / 952DOM75 / 59New3Total56
Land
Avg/Median Price$1,147,000 / $899,000Range$899,000 – $1,395,000Price per Sq FtSq FtDOM67 / 64New0Total2
Multi-Family
Avg/Median Price$1,835,000 / $1,795,000Range$1,795,000 – $1,875,000Price per Sq Ft$556 / $452Sq Ft3,435 / 2,720DOM122 / 59New0Total2
Single Family
Avg/Median Price$1,757,510 / $1,560,000Range$869,000 – $3,699,000Price per Sq Ft$673 / $655Sq Ft2,670 / 2,640DOM48 / 32New6Total66
Townhouse
Avg/Median Price$724,855 / $729,000Range$469,950 – $1,058,000Price per Sq Ft$480 / $478Sq Ft1,526 / 1,626DOM57 / 50New1Total19

Sales by Bedroom Count

1 Beds
Avg:$299,926Median:$299,999Range:$225,000 – $375,000PSF:$416 / $383Sq Ft:725 / 723DOM:52 / 38New:1Total:10
2 Beds
Avg:$464,644Median:$460,348Range:$235,000 – $799,950PSF:$435 / $448Sq Ft:1,060 / 1,004DOM:79 / 67New:2Total:45
3 Beds
Avg:$1,050,410Median:$950,000Range:$399,950 – $2,490,000PSF:$633 / $586Sq Ft:1,665 / 1,620DOM:51 / 32New:3Total:30
4 Beds
Avg:$1,648,998Median:$1,550,000Range:$1,058,000 – $3,300,000PSF:$647 / $625Sq Ft:2,585 / 2,597DOM:52 / 43New:3Total:28
5 Beds
Avg:$2,043,720Median:$1,789,200Range:$999,995 – $3,699,000PSF:$626 / $607Sq Ft:3,207 / 2,864DOM:52 / 28New:1Total:26
6 Beds
Avg:$2,441,667Median:$2,195,000Range:$1,795,000 – $3,335,000PSF:$685 / $660Sq Ft:3,526 / 3,651DOM:85 / 53New:0Total:3
8 Beds
Avg:$1,875,000Median:$1,875,000Range:$1,875,000 – $1,875,000PSF:$452 / $452Sq Ft:4,150 / 4,150DOM:59 / 59New:0Total:1

Rental Market Overview

Median Rent
$2,454
−4.0%
Median DOM
16
0.0%
New Listings
14
Inventory
94
+5.6%
  • Average Rent: $2,742
  • Median Rent: $2,454
  • Rent Range: $1,307 – $8,310
  • Rent per Sq Ft (Avg/Median): $3 / $3
  • Square Footage (Avg/Median): 1,134 / 900
  • Square Footage Range: 442 – 4,775
  • Days on Market (Avg/Median): 50 / 16
  • Days on Market Range: 1 – 326
  • New Listings: 14
  • Total Listings: 94

Rentals by Property Type

Apartment
$2,440
Median DOM: 57
Inventory: 53
MoM: −4.0%
Condo
$2,000
Median DOM: 5
Inventory: 13
MoM: −4.0%
Single Family
$3,645
Median DOM: 1
Inventory: 19
MoM: −4.0%
Townhouse
$3,300
Median DOM: 10
Inventory: 7
MoM: −4.0%
Apartment
Avg/Median Rent$2,484 / $2,440Range$1,307 – $8,310Rent per Sq Ft$3 / $3Sq Ft832 / 845DOM85 / 57New3Total53
Condo
Avg/Median Rent$2,249 / $2,000Range$1,695 – $3,131Rent per Sq Ft$2 / $2Sq Ft1,049 / 833DOM25 / 5New4Total13
Multi-Family
Avg/Median Rent$2,598 / $1,995Range$1,995 – $3,200Rent per Sq Ft$3 / $2Sq Ft990 / 680DOM34 / 7New1Total2
Single Family
Avg/Median Rent$3,646 / $3,645Range$1,995 – $5,995Rent per Sq Ft$2 / $2Sq Ft1,878 / 1,790DOM7 / 1New6Total19
Townhouse
Avg/Median Rent$3,199 / $3,300Range$2,000 – $3,995Rent per Sq Ft$2 / $2Sq Ft1,454 / 1,300DOM18 / 10New0Total7

Rentals by Bedroom Count

Studio
Avg:$1,704Median:$1,727Range:$1,307 – $1,890PSF:$4 / $4Sq Ft:453 / 450DOM:191 / 186New:0Total:6
1 Beds
Avg:$2,056Median:$1,995Range:$1,495 – $3,131PSF:$3 / $3Sq Ft:758 / 680DOM:45 / 14New:3Total:23
2 Beds
Avg:$2,575Median:$2,482Range:$1,999 – $3,600PSF:$3 / $3Sq Ft:985 / 900DOM:53 / 32New:5Total:43
3 Beds
Avg:$3,491Median:$3,300Range:$2,950 – $4,495PSF:$2 / $2Sq Ft:1,542 / 1,350DOM:27 / 1New:4Total:12
4 Beds
Avg:$4,679Median:$3,995Range:$3,645 – $8,310PSF:$2 / $2Sq Ft:2,193 / 2,060DOM:42 / 1New:1Total:7
5 Beds
Avg:$4,965Median:$4,800Range:$4,100 – $5,995PSF:$2 / $2Sq Ft:3,252 / 2,720DOM:1 / 1New:1Total:3

6-Month Sales Trend

Mar 2026
Median Price:$835,000Median DOM:45New:22Total:86
Apr 2026
Median Price:$1,148,000Median DOM:37New:33Total:103
May 2026
Median Price:$1,195,000Median DOM:23New:58Total:137
Jun 2026
Median Price:$1,148,000Median DOM:32New:39Total:146
Jul 2026
Median Price:$1,000,000Median DOM:43New:36Total:148
Aug 2026
Median Price:$999,500Median DOM:46New:10Total:145

6-Month Rental Trend

Mar 2026
Median Rent:$2,246Median DOM:35New:21Total:95
Apr 2026
Median Rent:$2,349Median DOM:33New:19Total:86
May 2026
Median Rent:$2,352Median DOM:12New:23Total:77
Jun 2026
Median Rent:$2,499Median DOM:20New:21Total:76
Jul 2026
Median Rent:$2,557Median DOM:16New:32Total:89
Aug 2026
Median Rent:$2,454Median DOM:16New:14Total:94

Key Market Takeaways

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