ZIP 98008 Housing Market Report
Northwest Seattle
Report period: August 2026
98008 Monthly Market Update – August 2026
ZIP 98008 · Last updated Aug 10, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$1,662,500
+0.8%
Median DOM (Sales)
28
−3.4%
New Listings (Sales)
13
−74.5%
Median Rent
$4,095
+2.4%
Median DOM (Rental)
1
0.0%
Total Rental Listings
54
+3.8%
Month-over-Month Movement
Median sale prices moved higher. Days on market improved. Rents moved higher. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Land (4 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 5 Beds ($2,750,000 median)
Sales Market Overview
Median Price
$1,662,500
+0.8%
Median DOM
28
−3.4%
New Listings
13
−74.5%
Inventory
155
+1.3%
- Average Price: $2,004,342
- Median Price: $1,662,500
- Price Range: $379,950 – $6,595,000
- Price per Sq Ft (Avg/Median): $708 / $672
- Square Footage (Avg/Median): 2,791 / 2,490
- Square Footage Range: 845 – 5,916
- Days on Market (Avg/Median): 42 / 28
- Days on Market Range: 2 – 244
- New Listings: 13
- Total Listings: 155
Sales by Property Type
Condo
Avg/Median Price$803,314 / $750,000Range$379,950 – $1,968,000Price per Sq Ft$539 / $513Sq Ft1,422 / 1,350DOM51 / 35New1Total11
Land
Avg/Median Price$1,711,500 / $725,000Range$725,000 – $2,698,000Price per Sq Ft—Sq Ft—DOM11 / 4New1Total2
Single Family
Avg/Median Price$2,297,252 / $2,080,000Range$950,000 – $6,595,000Price per Sq Ft$753 / $714Sq Ft3,088 / 3,010DOM36 / 25New10Total121
Townhouse
Avg/Median Price$973,626 / $898,000Range$639,000 – $1,370,000Price per Sq Ft$538 / $543Sq Ft1,795 / 1,877DOM73 / 58New1Total21
Sales by Bedroom Count
1 Beds
Avg:$1,000,000Median:$1,000,000Range:$1,000,000 – $1,000,000PSF:$1,010 / $1,010Sq Ft:990 / 990DOM:66 / 66New:0Total:1
2 Beds
Avg:$811,778Median:$775,000Range:$379,950 – $1,695,000PSF:$563 / $529Sq Ft:1,400 / 1,388DOM:44 / 35New:2Total:14
3 Beds
Avg:$1,340,060Median:$1,295,000Range:$639,000 – $3,680,000PSF:$698 / $658Sq Ft:1,933 / 1,893DOM:52 / 31New:1Total:40
4 Beds
Avg:$2,056,393Median:$1,750,000Range:$699,900 – $5,250,000PSF:$748 / $677Sq Ft:2,746 / 2,470DOM:32 / 16New:6Total:47
5 Beds
Avg:$2,822,327Median:$2,750,000Range:$1,200,000 – $5,998,000PSF:$713 / $699Sq Ft:3,929 / 4,020DOM:45 / 32New:2Total:44
6 Beds
Avg:$2,921,414Median:$2,100,000Range:$1,249,900 – $6,595,000PSF:$716 / $668Sq Ft:3,870 / 3,910DOM:23 / 17New:1Total:7
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $1,000,000 | $1,000,000 | $1,000,000 – $1,000,000 | $1,010 / $1,010 | 990 / 990 | 66 / 66 | 0 | 1 |
| 2 Beds | $811,778 | $775,000 | $379,950 – $1,695,000 | $563 / $529 | 1,400 / 1,388 | 44 / 35 | 2 | 14 |
| 3 Beds | $1,340,060 | $1,295,000 | $639,000 – $3,680,000 | $698 / $658 | 1,933 / 1,893 | 52 / 31 | 1 | 40 |
| 4 Beds | $2,056,393 | $1,750,000 | $699,900 – $5,250,000 | $748 / $677 | 2,746 / 2,470 | 32 / 16 | 6 | 47 |
| 5 Beds | $2,822,327 | $2,750,000 | $1,200,000 – $5,998,000 | $713 / $699 | 3,929 / 4,020 | 45 / 32 | 2 | 44 |
| 6 Beds | $2,921,414 | $2,100,000 | $1,249,900 – $6,595,000 | $716 / $668 | 3,870 / 3,910 | 23 / 17 | 1 | 7 |
Rental Market Overview
Median Rent
$4,095
+2.4%
Median DOM
1
0.0%
New Listings
18
Inventory
54
+3.8%
- Average Rent: $4,008
- Median Rent: $4,095
- Rent Range: $1,375 – $7,800
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,950 / 1,920
- Square Footage Range: 270 – 4,470
- Days on Market (Avg/Median): 12 / 1
- Days on Market Range: 1 – 139
- New Listings: 18
- Total Listings: 54
Rentals by Property Type
Apartment
$2,129
Median DOM: 1
Inventory: 3
MoM: +2.4%
Condo
$2,000
Median DOM: 1
Inventory: 2
MoM: +2.4%
Single Family
$4,150
Median DOM: 1
Inventory: 44
MoM: +2.4%
Townhouse
$3,875
Median DOM: 2
Inventory: 5
MoM: +2.4%
Apartment
Avg/Median Rent$2,055 / $2,129Range$1,900 – $2,137Rent per Sq Ft$5 / $3Sq Ft523 / 270DOM70 / 1New1Total3
Condo
Avg/Median Rent$3,448 / $2,000Range$2,000 – $4,895Rent per Sq Ft$2 / $2Sq Ft1,462 / 923DOM7 / 1New1Total2
Single Family
Avg/Median Rent$4,176 / $4,150Range$1,375 – $7,800Rent per Sq Ft$2 / $2Sq Ft2,071 / 2,000DOM9 / 1New12Total44
Townhouse
Avg/Median Rent$3,925 / $3,875Range$3,400 – $4,500Rent per Sq Ft$2 / $2Sq Ft1,647 / 1,643DOM18 / 2New4Total5
Rentals by Bedroom Count
Studio
Avg:$1,790Median:$1,450Range:$1,450 – $2,129PSF:$5 / $2Sq Ft:445 / 270DOM:1 / 1New:1Total:2
1 Beds
Avg:$1,815Median:$1,848Range:$1,375 – $2,137PSF:$2 / $3Sq Ft:1,105 / 776DOM:77 / 15New:0Total:4
2 Beds
Avg:$2,613Median:$2,440Range:$2,000 – $3,400PSF:$2 / $2Sq Ft:1,142 / 962DOM:1 / 1New:2Total:3
3 Beds
Avg:$3,814Median:$3,950Range:$2,300 – $6,000PSF:$2 / $2Sq Ft:1,660 / 1,550DOM:8 / 1New:7Total:16
4 Beds
Avg:$4,516Median:$4,250Range:$3,465 – $7,800PSF:$2 / $2Sq Ft:2,177 / 2,059DOM:11 / 1New:7Total:24
5 Beds
Avg:$5,936Median:$5,500Range:$5,100 – $7,450PSF:$2 / $2Sq Ft:3,549 / 3,380DOM:11 / 1New:1Total:4
6 Beds
Avg:$4,600Median:$4,600Range:$4,600 – $4,600PSF:$2 / $2Sq Ft:2,700 / 2,700DOM:1 / 1New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,790 | $1,450 | $1,450 – $2,129 | $5 / $2 | 445 / 270 | 1 / 1 | 1 | 2 |
| 1 Beds | $1,815 | $1,848 | $1,375 – $2,137 | $2 / $3 | 1,105 / 776 | 77 / 15 | 0 | 4 |
| 2 Beds | $2,613 | $2,440 | $2,000 – $3,400 | $2 / $2 | 1,142 / 962 | 1 / 1 | 2 | 3 |
| 3 Beds | $3,814 | $3,950 | $2,300 – $6,000 | $2 / $2 | 1,660 / 1,550 | 8 / 1 | 7 | 16 |
| 4 Beds | $4,516 | $4,250 | $3,465 – $7,800 | $2 / $2 | 2,177 / 2,059 | 11 / 1 | 7 | 24 |
| 5 Beds | $5,936 | $5,500 | $5,100 – $7,450 | $2 / $2 | 3,549 / 3,380 | 11 / 1 | 1 | 4 |
| 6 Beds | $4,600 | $4,600 | $4,600 – $4,600 | $2 / $2 | 2,700 / 2,700 | 1 / 1 | 0 | 1 |
6-Month Sales Trend
Mar 2026
Median Price:$1,500,000Median DOM:10New:57Total:109
Apr 2026
Median Price:$1,500,000Median DOM:21New:40Total:124
May 2026
Median Price:$1,490,000Median DOM:23New:67Total:155
Jun 2026
Median Price:$1,549,988Median DOM:26New:50Total:162
Jul 2026
Median Price:$1,649,000Median DOM:29New:51Total:153
Aug 2026
Median Price:$1,662,500Median DOM:28New:13Total:155
6-Month Rental Trend
Mar 2026
Median Rent:$3,700Median DOM:1New:18Total:38
Apr 2026
Median Rent:$3,801Median DOM:1New:16Total:37
May 2026
Median Rent:$3,801Median DOM:1New:13Total:31
Jun 2026
Median Rent:$4,100Median DOM:1New:25Total:42
Jul 2026
Median Rent:$4,000Median DOM:1New:30Total:52
Aug 2026
Median Rent:$4,095Median DOM:1New:18Total:54
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 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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