ZIP 98007 Housing Market Report

Northwest Seattle

Report period: July 2026

98007 Monthly Market Update – July 2026

ZIP 98007 · Last updated Jul 10, 2026 · Data range Feb 2026 – Jul 2026

Executive Snapshot

Median Sale Price
$1,100,000
−4.2%
Median DOM (Sales)
39
+21.9%
New Listings (Sales)
6
−84.6%
Median Rent
$2,556
+2.3%
Median DOM (Rental)
15
−25.0%
Total Rental Listings
83
+9.2%

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 (23 DOM)
  • Fastest renting: Condo (1 DOM)
  • Strongest bedroom: 5 Beds ($1,925,000 median)

Sales Market Overview

Median Price
$1,100,000
−4.2%
Median DOM
39
+21.9%
New Listings
6
−84.6%
Inventory
145
−0.7%
  • Average Price: $1,197,242
  • Median Price: $1,100,000
  • Price Range: $199,000 – $3,699,000
  • Price per Sq Ft (Avg/Median): $572 / $563
  • Square Footage (Avg/Median): 1,944 / 1,710
  • Square Footage Range: 610 – 4,974
  • Days on Market (Avg/Median): 53 / 39
  • Days on Market Range: 2 – 317
  • New Listings: 6
  • Total Listings: 145

Sales by Property Type

Condo
Avg/Median Price$601,843 / $425,000Range$199,000 – $2,295,000Price per Sq Ft$452 / $431Sq Ft1,186 / 952DOM70 / 43New3Total53
Land
Avg/Median Price$1,247,500 / $1,000,000Range$1,000,000 – $1,495,000Price per Sq FtSq FtDOM37 / 34New0Total2
Multi-Family
Avg/Median Price$1,713,333 / $1,795,000Range$1,470,000 – $1,875,000Price per Sq Ft$591 / $660Sq Ft3,030 / 2,720DOM109 / 113New0Total3
Single Family
Avg/Median Price$1,837,015 / $1,600,000Range$869,000 – $3,699,000Price per Sq Ft$698 / $696Sq Ft2,685 / 2,700DOM39 / 23New3Total62
Townhouse
Avg/Median Price$806,902 / $799,950Range$490,000 – $1,249,000Price per Sq Ft$513 / $508Sq Ft1,585 / 1,637DOM47 / 43New0Total25

Sales by Bedroom Count

1 Beds
Avg:$265,263Median:$284,900Range:$199,000 – $345,000PSF:$365 / $360Sq Ft:727 / 684DOM:40 / 20New:1Total:11
2 Beds
Avg:$473,780Median:$465,000Range:$235,000 – $799,950PSF:$444 / $449Sq Ft:1,060 / 1,004DOM:68 / 43New:2Total:43
3 Beds
Avg:$1,101,821Median:$1,050,000Range:$399,950 – $2,490,000PSF:$647 / $609Sq Ft:1,719 / 1,719DOM:41 / 28New:1Total:29
4 Beds
Avg:$1,669,800Median:$1,525,000Range:$1,100,000 – $3,300,000PSF:$672 / $655Sq Ft:2,527 / 2,500DOM:52 / 40New:0Total:30
5 Beds
Avg:$2,218,627Median:$1,925,000Range:$1,198,000 – $3,699,000PSF:$668 / $679Sq Ft:3,269 / 2,864DOM:47 / 22New:2Total:27
6 Beds
Avg:$1,995,000Median:$1,795,000Range:$1,795,000 – $2,195,000PSF:$631 / $601Sq Ft:3,186 / 2,720DOM:104 / 53New:0Total:2
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
$2,556
+2.3%
Median DOM
15
−25.0%
New Listings
13
Inventory
83
+9.2%
  • Average Rent: $2,756
  • Median Rent: $2,556
  • Rent Range: $1,312 – $8,310
  • Rent per Sq Ft (Avg/Median): $3 / $3
  • Square Footage (Avg/Median): 1,092 / 900
  • Square Footage Range: 450 – 4,775
  • Days on Market (Avg/Median): 53 / 15
  • Days on Market Range: 1 – 358
  • New Listings: 13
  • Total Listings: 83

Rentals by Property Type

Apartment
$2,406
Median DOM: 43
Inventory: 50
MoM: +2.3%
Condo
$2,100
Median DOM: 1
Inventory: 11
MoM: +2.3%
Single Family
$3,400
Median DOM: 1
Inventory: 14
MoM: +2.3%
Townhouse
$2,950
Median DOM: 10
Inventory: 7
MoM: +2.3%
Apartment
Avg/Median Rent$2,575 / $2,406Range$1,312 – $8,310Rent per Sq Ft$3 / $3Sq Ft849 / 875DOM86 / 43New4Total50
Condo
Avg/Median Rent$2,397 / $2,100Range$1,800 – $4,264Rent per Sq Ft$3 / $3Sq Ft1,006 / 819DOM26 / 1New3Total11
Multi-Family
Avg/Median Rent$1,995 / $1,995Range$1,995 – $1,995Rent per Sq Ft$3 / $3Sq Ft680 / 680DOM61 / 61New0Total1
Single Family
Avg/Median Rent$3,641 / $3,400Range$1,995 – $5,995Rent per Sq Ft$2 / $2Sq Ft1,863 / 1,340DOM4 / 1New6Total14
Townhouse
Avg/Median Rent$2,949 / $2,950Range$2,000 – $3,995Rent per Sq Ft$2 / $2Sq Ft1,360 / 1,143DOM19 / 10New0Total7

Rentals by Bedroom Count

Studio
Avg:$1,726Median:$1,649Range:$1,312 – $1,995PSF:$4 / $4Sq Ft:477 / 450DOM:161 / 156New:0Total:6
1 Beds
Avg:$2,093Median:$2,000Range:$1,495 – $4,264PSF:$3 / $3Sq Ft:771 / 680DOM:88 / 8New:2Total:19
2 Beds
Avg:$2,604Median:$2,600Range:$2,000 – $3,200PSF:$3 / $3Sq Ft:955 / 930DOM:45 / 24New:5Total:40
3 Beds
Avg:$3,490Median:$3,300Range:$2,950 – $5,212PSF:$3 / $2Sq Ft:1,312 / 1,300DOM:35 / 7New:3Total:10
4 Beds
Avg:$4,930Median:$3,995Range:$3,645 – $8,310PSF:$2 / $2Sq Ft:2,390 / 2,289DOM:51 / 1New:0Total:5
5 Beds
Avg:$4,965Median:$4,800Range:$4,100 – $5,995PSF:$2 / $2Sq Ft:3,252 / 2,720DOM:1 / 1New:3Total:3

6-Month Sales Trend

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:23New:58Total:137
Jun 2026
Median Price:$1,148,000Median DOM:32New:39Total:146
Jul 2026
Median Price:$1,100,000Median DOM:39New:6Total:145

6-Month Rental Trend

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:$2,352Median DOM:12New:23Total:77
Jun 2026
Median Rent:$2,499Median DOM:20New:21Total:76
Jul 2026
Median Rent:$2,556Median DOM:15New:13Total:83

Key Market Takeaways

Median sale prices softened this month while inventory compressed. 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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