ZIP 98011 Housing Market Report
Northwest Seattle
Report period: May 2026
98011 Monthly Market Update – May 2026
ZIP 98011 · Last updated May 11, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$999,999
+0.0%
Median DOM (Sales)
28
+3.7%
New Listings (Sales)
21
−65.0%
Median Rent
$2,195
+6.4%
Median DOM (Rental)
6
−14.3%
Total Rental Listings
59
+1.7%
Month-over-Month Movement
Median sale prices moved higher. Days on market lengthened. Rents moved higher. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Single Family (17 DOM)
- Fastest renting: Condo (1 DOM)
- Strongest bedroom: 6 Beds ($2,200,000 median)
Sales Market Overview
Median Price
$999,999
+0.0%
Median DOM
28
+3.7%
New Listings
21
−65.0%
Inventory
168
+10.5%
- Average Price: $1,053,200
- Median Price: $999,999
- Price Range: $74,950 – $2,900,000
- Price per Sq Ft (Avg/Median): $497 / $502
- Square Footage (Avg/Median): 2,029 / 1,900
- Square Footage Range: 616 – 5,100
- Days on Market (Avg/Median): 46 / 28
- Days on Market Range: 2 – 299
- New Listings: 21
- Total Listings: 168
Sales by Property Type
Condo
Avg/Median Price$588,102 / $449,000Range$250,000 – $1,198,000Price per Sq Ft$470 / $467Sq Ft1,250 / 1,048DOM52 / 38New3Total42
Land
Avg/Median Price$1,632,750 / $1,198,000Range$883,000 – $2,900,000Price per Sq Ft—Sq Ft—DOM157 / 112New0Total4
Manufactured
Avg/Median Price$363,721 / $299,900Range$74,950 – $670,000Price per Sq Ft$269 / $260Sq Ft1,271 / 1,152DOM56 / 25New1Total12
Single Family
Avg/Median Price$1,493,028 / $1,400,000Range$694,950 – $2,680,000Price per Sq Ft$548 / $537Sq Ft2,748 / 2,541DOM28 / 17New13Total72
Townhouse
Avg/Median Price$890,621 / $910,000Range$395,000 – $1,584,000Price per Sq Ft$502 / $496Sq Ft1,768 / 1,717DOM58 / 31New4Total38
Sales by Bedroom Count
1 Beds
Avg:$320,222Median:$350,000Range:$85,000 – $397,000PSF:$444 / $467Sq Ft:718 / 730DOM:57 / 48New:0Total:9
2 Beds
Avg:$473,601Median:$475,000Range:$90,000 – $779,000PSF:$432 / $454Sq Ft:1,098 / 1,098DOM:56 / 36New:4Total:38
3 Beds
Avg:$950,111Median:$949,950Range:$74,950 – $2,576,880PSF:$510 / $518Sq Ft:1,832 / 1,798DOM:35 / 25New:7Total:43
4 Beds
Avg:$1,325,342Median:$1,250,000Range:$788,000 – $2,150,000PSF:$528 / $531Sq Ft:2,525 / 2,420DOM:37 / 25New:8Total:56
5 Beds
Avg:$1,794,131Median:$1,498,000Range:$1,199,000 – $2,680,000PSF:$538 / $531Sq Ft:3,317 / 2,951DOM:53 / 19New:2Total:14
6 Beds
Avg:$2,334,000Median:$2,200,000Range:$1,898,000 – $2,650,000PSF:$518 / $507Sq Ft:4,505 / 3,960DOM:18 / 13New:0Total:4
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $320,222 | $350,000 | $85,000 – $397,000 | $444 / $467 | 718 / 730 | 57 / 48 | 0 | 9 |
| 2 Beds | $473,601 | $475,000 | $90,000 – $779,000 | $432 / $454 | 1,098 / 1,098 | 56 / 36 | 4 | 38 |
| 3 Beds | $950,111 | $949,950 | $74,950 – $2,576,880 | $510 / $518 | 1,832 / 1,798 | 35 / 25 | 7 | 43 |
| 4 Beds | $1,325,342 | $1,250,000 | $788,000 – $2,150,000 | $528 / $531 | 2,525 / 2,420 | 37 / 25 | 8 | 56 |
| 5 Beds | $1,794,131 | $1,498,000 | $1,199,000 – $2,680,000 | $538 / $531 | 3,317 / 2,951 | 53 / 19 | 2 | 14 |
| 6 Beds | $2,334,000 | $2,200,000 | $1,898,000 – $2,650,000 | $518 / $507 | 4,505 / 3,960 | 18 / 13 | 0 | 4 |
Rental Market Overview
Median Rent
$2,195
+6.4%
Median DOM
6
−14.3%
New Listings
10
Inventory
59
+1.7%
- Average Rent: $2,483
- Median Rent: $2,195
- Rent Range: $1,575 – $5,000
- Rent per Sq Ft (Avg/Median): $3 / $2
- Square Footage (Avg/Median): 1,099 / 900
- Square Footage Range: 486 – 3,210
- Days on Market (Avg/Median): 62 / 6
- Days on Market Range: 1 – 315
- New Listings: 10
- Total Listings: 59
Rentals by Property Type
Apartment
$1,910
Median DOM: 146
Inventory: 31
MoM: +6.4%
Condo
$2,245
Median DOM: 1
Inventory: 12
MoM: +6.4%
Single Family
$3,010
Median DOM: 1
Inventory: 13
MoM: +6.4%
Townhouse
$2,800
Median DOM: 1
Inventory: 2
MoM: +6.4%
Apartment
Avg/Median Rent$2,030 / $1,910Range$1,575 – $4,000Rent per Sq Ft$3 / $3Sq Ft772 / 705DOM159 / 146New2Total31
Condo
Avg/Median Rent$2,496 / $2,245Range$1,750 – $4,500Rent per Sq Ft$2 / $2Sq Ft1,194 / 972DOM5 / 1New3Total12
Manufactured
Avg/Median Rent$3,700 / $3,700Range$3,700 – $3,700Rent per Sq Ft$2 / $2Sq Ft1,720 / 1,720DOM75 / 75New0Total1
Single Family
Avg/Median Rent$3,357 / $3,010Range$1,850 – $5,000Rent per Sq Ft$2 / $2Sq Ft1,714 / 1,693DOM10 / 1New5Total13
Townhouse
Avg/Median Rent$3,150 / $2,800Range$2,800 – $3,500Rent per Sq Ft$3 / $2Sq Ft1,283 / 1,029DOM11 / 1New0Total2
Rentals by Bedroom Count
Studio
Avg:$1,795Median:$1,825Range:$1,626 – $1,860PSF:$3 / $3Sq Ft:558 / 547DOM:207 / 207New:0Total:5
1 Beds
Avg:$1,884Median:$1,850Range:$1,575 – $2,434PSF:$3 / $3Sq Ft:686 / 700DOM:134 / 126New:2Total:22
2 Beds
Avg:$2,348Median:$2,327Range:$1,725 – $2,800PSF:$2 / $2Sq Ft:1,026 / 1,029DOM:38 / 1New:4Total:18
3 Beds
Avg:$3,537Median:$3,500Range:$2,949 – $4,000PSF:$2 / $2Sq Ft:1,713 / 1,720DOM:22 / 15New:3Total:10
4 Beds
Avg:$4,150Median:$4,150Range:$4,150 – $4,150PSF:$2 / $2Sq Ft:2,000 / 2,000DOM:5 / 5New:0Total:1
5 Beds
Avg:$4,767Median:$4,800Range:$4,500 – $5,000PSF:$2 / $2Sq Ft:3,112 / 3,113DOM:12 / 7New:1Total:3
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,795 | $1,825 | $1,626 – $1,860 | $3 / $3 | 558 / 547 | 207 / 207 | 0 | 5 |
| 1 Beds | $1,884 | $1,850 | $1,575 – $2,434 | $3 / $3 | 686 / 700 | 134 / 126 | 2 | 22 |
| 2 Beds | $2,348 | $2,327 | $1,725 – $2,800 | $2 / $2 | 1,026 / 1,029 | 38 / 1 | 4 | 18 |
| 3 Beds | $3,537 | $3,500 | $2,949 – $4,000 | $2 / $2 | 1,713 / 1,720 | 22 / 15 | 3 | 10 |
| 4 Beds | $4,150 | $4,150 | $4,150 – $4,150 | $2 / $2 | 2,000 / 2,000 | 5 / 5 | 0 | 1 |
| 5 Beds | $4,767 | $4,800 | $4,500 – $5,000 | $2 / $2 | 3,112 / 3,113 | 12 / 7 | 1 | 3 |
6-Month Sales Trend
Dec 2025
Median Price:$949,990Median DOM:62New:10Total:109
Jan 2026
Median Price:$879,900Median DOM:46New:36Total:98
Feb 2026
Median Price:$949,990Median DOM:35New:29Total:112
Mar 2026
Median Price:$949,990Median DOM:25New:54Total:135
Apr 2026
Median Price:$999,990Median DOM:27New:60Total:152
May 2026
Median Price:$999,999Median DOM:28New:21Total:168
6-Month Rental Trend
Dec 2025
Median Rent:$2,295Median DOM:16New:23Total:71
Jan 2026
Median Rent:$2,100Median DOM:1New:22Total:69
Feb 2026
Median Rent:$2,100Median DOM:1New:17Total:69
Mar 2026
Median Rent:$2,100Median DOM:15New:19Total:61
Apr 2026
Median Rent:$2,063Median DOM:7New:12Total:58
May 2026
Median Rent:$2,195Median DOM:6New:10Total:59
Key Market Takeaways
Median sale prices moved higher this month while inventory expanded. 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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