ZIP 98007 Housing Market Report
Northwest Seattle
Report period: May 2026
98007 Monthly Market Update – May 2026
ZIP 98007 · Last updated May 11, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$1,195,000
+4.1%
Median DOM (Sales)
36
−2.7%
New Listings (Sales)
13
−60.6%
Median Rent
$2,386
+1.6%
Median DOM (Rental)
19
−42.4%
Total Rental Listings
82
−4.7%
Month-over-Month Movement
Median sale prices moved higher. Days on market improved. Rents moved higher. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Single Family (15 DOM)
- Fastest renting: Single Family (1 DOM)
- Strongest bedroom: 5 Beds ($1,956,995 median)
Sales Market Overview
Median Price
$1,195,000
+4.1%
Median DOM
36
−2.7%
New Listings
13
−60.6%
Inventory
114
+10.7%
- Average Price: $1,207,287
- Median Price: $1,195,000
- Price Range: $220,000 – $3,789,990
- Price per Sq Ft (Avg/Median): $586 / $580
- Square Footage (Avg/Median): 1,933 / 1,719
- Square Footage Range: 479 – 5,070
- Days on Market (Avg/Median): 54 / 36
- Days on Market Range: 2 – 364
- New Listings: 13
- Total Listings: 114
Sales by Property Type
Condo
Avg/Median Price$652,035 / $410,000Range$220,000 – $2,295,000Price per Sq Ft$489 / $476Sq Ft1,190 / 938DOM82 / 63New3Total49
Multi-Family
Avg/Median Price$1,681,000 / $1,495,000Range$1,485,000 – $1,949,000Price per Sq Ft$619 / $660Sq Ft2,825 / 2,220DOM102 / 95New0Total4
Single Family
Avg/Median Price$1,879,244 / $1,799,950Range$1,099,900 – $3,789,990Price per Sq Ft$705 / $694Sq Ft2,758 / 2,864DOM23 / 15New8Total46
Townhouse
Avg/Median Price$834,117 / $800,000Range$550,000 – $1,249,000Price per Sq Ft$529 / $532Sq Ft1,588 / 1,392DOM47 / 26New2Total15
Sales by Bedroom Count
1 Beds
Avg:$284,208Median:$285,000Range:$220,000 – $359,000PSF:$408 / $402Sq Ft:702 / 684DOM:94 / 67New:0Total:12
2 Beds
Avg:$454,401Median:$460,000Range:$298,000 – $699,000PSF:$456 / $473Sq Ft:995 / 952DOM:56 / 39New:3Total:31
3 Beds
Avg:$1,163,527Median:$1,160,000Range:$399,950 – $1,970,000PSF:$654 / $600Sq Ft:1,832 / 1,719DOM:48 / 38New:2Total:20
4 Beds
Avg:$1,656,194Median:$1,500,000Range:$1,099,900 – $2,399,000PSF:$704 / $716Sq Ft:2,419 / 2,500DOM:34 / 15New:4Total:25
5 Beds
Avg:$2,186,933Median:$1,956,995Range:$1,250,000 – $3,789,990PSF:$669 / $682Sq Ft:3,227 / 2,864DOM:54 / 36New:4Total:21
6 Beds
Avg:$1,895,950Median:$1,795,000Range:$1,495,000 – $2,295,000PSF:$636 / $629Sq Ft:3,006 / 2,720DOM:62 / 19New:0Total:4
8 Beds
Avg:$1,949,000Median:$1,949,000Range:$1,949,000 – $1,949,000PSF:$470 / $470Sq Ft:4,150 / 4,150DOM:86 / 86New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $284,208 | $285,000 | $220,000 – $359,000 | $408 / $402 | 702 / 684 | 94 / 67 | 0 | 12 |
| 2 Beds | $454,401 | $460,000 | $298,000 – $699,000 | $456 / $473 | 995 / 952 | 56 / 39 | 3 | 31 |
| 3 Beds | $1,163,527 | $1,160,000 | $399,950 – $1,970,000 | $654 / $600 | 1,832 / 1,719 | 48 / 38 | 2 | 20 |
| 4 Beds | $1,656,194 | $1,500,000 | $1,099,900 – $2,399,000 | $704 / $716 | 2,419 / 2,500 | 34 / 15 | 4 | 25 |
| 5 Beds | $2,186,933 | $1,956,995 | $1,250,000 – $3,789,990 | $669 / $682 | 3,227 / 2,864 | 54 / 36 | 4 | 21 |
| 6 Beds | $1,895,950 | $1,795,000 | $1,495,000 – $2,295,000 | $636 / $629 | 3,006 / 2,720 | 62 / 19 | 0 | 4 |
| 8 Beds | $1,949,000 | $1,949,000 | $1,949,000 – $1,949,000 | $470 / $470 | 4,150 / 4,150 | 86 / 86 | 0 | 1 |
Rental Market Overview
Median Rent
$2,386
+1.6%
Median DOM
19
−42.4%
New Listings
13
Inventory
82
−4.7%
- Average Rent: $2,625
- Median Rent: $2,386
- Rent Range: $1,363 – $8,403
- Rent per Sq Ft (Avg/Median): $3 / $3
- Square Footage (Avg/Median): 971 / 899
- Square Footage Range: 340 – 2,454
- Days on Market (Avg/Median): 49 / 19
- Days on Market Range: 1 – 364
- New Listings: 13
- Total Listings: 82
Rentals by Property Type
Apartment
$2,300
Median DOM: 44
Inventory: 49
MoM: +1.6%
Condo
$2,200
Median DOM: 8
Inventory: 15
MoM: +1.6%
Single Family
$3,350
Median DOM: 1
Inventory: 13
MoM: +1.6%
Townhouse
$2,600
Median DOM: 1
Inventory: 4
MoM: +1.6%
Apartment
Avg/Median Rent$2,508 / $2,300Range$1,363 – $8,403Rent per Sq Ft$3 / $3Sq Ft831 / 845DOM73 / 44New5Total49
Condo
Avg/Median Rent$2,437 / $2,200Range$1,650 – $4,937Rent per Sq Ft$3 / $3Sq Ft946 / 860DOM39 / 8New0Total15
Multi-Family
Avg/Median Rent$1,995 / $1,995Range$1,995 – $1,995Rent per Sq Ft$3 / $3Sq Ft680 / 680DOM10 / 10New1Total1
Single Family
Avg/Median Rent$3,235 / $3,350Range$1,995 – $5,345Rent per Sq Ft$2 / $2Sq Ft1,418 / 1,340DOM11 / 1New4Total13
Townhouse
Avg/Median Rent$2,935 / $2,600Range$2,295 – $3,750Rent per Sq Ft$2 / $2Sq Ft1,270 / 1,143DOM10 / 1New3Total4
Rentals by Bedroom Count
Studio
Avg:$1,619Median:$1,640Range:$1,363 – $1,898PSF:$4 / $4Sq Ft:435 / 469DOM:235 / 235New:0Total:5
1 Beds
Avg:$2,216Median:$2,042Range:$1,495 – $4,937PSF:$3 / $3Sq Ft:755 / 680DOM:66 / 8New:3Total:23
2 Beds
Avg:$2,432Median:$2,477Range:$2,100 – $2,784PSF:$3 / $3Sq Ft:946 / 913DOM:41 / 31New:6Total:39
3 Beds
Avg:$3,654Median:$3,350Range:$2,650 – $6,722PSF:$3 / $2Sq Ft:1,320 / 1,235DOM:35 / 8New:3Total:10
4 Beds
Avg:$4,862Median:$3,750Range:$3,495 – $8,403PSF:$2 / $2Sq Ft:1,830 / 2,020DOM:50 / 1New:1Total:4
5 Beds
Avg:$5,345Median:$5,345Range:$5,345 – $5,345PSF:$2 / $2Sq Ft:2,450 / 2,450DOM:38 / 38New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,619 | $1,640 | $1,363 – $1,898 | $4 / $4 | 435 / 469 | 235 / 235 | 0 | 5 |
| 1 Beds | $2,216 | $2,042 | $1,495 – $4,937 | $3 / $3 | 755 / 680 | 66 / 8 | 3 | 23 |
| 2 Beds | $2,432 | $2,477 | $2,100 – $2,784 | $3 / $3 | 946 / 913 | 41 / 31 | 6 | 39 |
| 3 Beds | $3,654 | $3,350 | $2,650 – $6,722 | $3 / $2 | 1,320 / 1,235 | 35 / 8 | 3 | 10 |
| 4 Beds | $4,862 | $3,750 | $3,495 – $8,403 | $2 / $2 | 1,830 / 2,020 | 50 / 1 | 1 | 4 |
| 5 Beds | $5,345 | $5,345 | $5,345 – $5,345 | $2 / $2 | 2,450 / 2,450 | 38 / 38 | 0 | 1 |
6-Month Sales Trend
Dec 2025
Median Price:$1,095,000Median DOM:47New:11Total:69
Jan 2026
Median Price:$1,198,000Median DOM:32New:25Total:67
Feb 2026
Median Price:$1,198,000Median DOM:25New:30Total:82
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:36New:13Total:114
6-Month Rental Trend
Dec 2025
Median Rent:$2,230Median DOM:44New:24Total:85
Jan 2026
Median Rent:$2,202Median DOM:33New:33Total:98
Feb 2026
Median Rent:$2,251Median DOM:33New:27Total:108
Mar 2026
Median Rent:$2,246Median DOM:35New:21Total:95
Apr 2026
Median Rent:$2,349Median DOM:33New:19Total:86
May 2026
Median Rent:$2,386Median DOM:19New:13Total:82
Key Market Takeaways
Median sale prices moved higher this month while inventory expanded. Days on market declined, signaling improving buyer activity. Rental pricing increased, while total rental inventory tightened.
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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