ZIP 98011 Housing Market Report

Northwest Seattle

Report period: August 2026

98011 Monthly Market Update – August 2026

ZIP 98011 · Last updated Aug 10, 2026 · Data range Mar 2026 – Aug 2026

Executive Snapshot

Median Sale Price
$999,990
0.0%
Median DOM (Sales)
39
+5.4%
New Listings (Sales)
12
−79.3%
Median Rent
$2,150
+5.1%
Median DOM (Rental)
11
+10.0%
Total Rental Listings
59
+9.3%

Month-over-Month Movement

Median sale prices were flat. Days on market lengthened. Rents moved higher. Rental inventory expanded.

What's Moving Fastest

  • Fastest selling: Single Family (31 DOM)
  • Fastest renting: Condo (1 DOM)
  • Strongest bedroom: 7 Beds ($2,750,000 median)

Sales Market Overview

Median Price
$999,990
0.0%
Median DOM
39
+5.4%
New Listings
12
−79.3%
Inventory
196
−2.5%
  • Average Price: $1,066,689
  • Median Price: $999,990
  • Price Range: $55,000 – $6,000,000
  • Price per Sq Ft (Avg/Median): $480 / $482
  • Square Footage (Avg/Median): 2,159 / 2,060
  • Square Footage Range: 616 – 6,293
  • Days on Market (Avg/Median): 56 / 39
  • Days on Market Range: 2 – 349
  • New Listings: 12
  • Total Listings: 196

Sales by Property Type

Condo
Avg/Median Price$617,132 / $449,000Range$320,000 – $1,649,999Price per Sq Ft$476 / $462Sq Ft1,281 / 1,043DOM57 / 39New2Total38
Land
Avg/Median Price$2,658,333 / $1,500,000Range$475,000 – $6,000,000Price per Sq FtSq FtDOM185 / 203New0Total3
Manufactured
Avg/Median Price$400,733 / $495,000Range$55,000 – $679,750Price per Sq Ft$284 / $261Sq Ft1,301 / 1,356DOM76 / 68New1Total12
Single Family
Avg/Median Price$1,369,550 / $1,289,250Range$499,900 – $2,750,000Price per Sq Ft$503 / $504Sq Ft2,791 / 2,655DOM41 / 31New8Total98
Townhouse
Avg/Median Price$858,232 / $849,990Range$399,999 – $1,497,000Price per Sq Ft$486 / $473Sq Ft1,755 / 1,725DOM75 / 66New1Total45

Sales by Bedroom Count

1 Beds
Avg:$289,967Median:$325,000Range:$55,000 – $369,900PSF:$407 / $446Sq Ft:701 / 704DOM:79 / 51New:0Total:6
2 Beds
Avg:$502,587Median:$499,900Range:$75,000 – $949,000PSF:$441 / $457Sq Ft:1,147 / 1,122DOM:69 / 52New:3Total:45
3 Beds
Avg:$888,184Median:$895,000Range:$279,900 – $1,385,000PSF:$499 / $506Sq Ft:1,795 / 1,798DOM:45 / 32New:1Total:47
4 Beds
Avg:$1,278,878Median:$1,199,900Range:$617,500 – $2,248,883PSF:$507 / $501Sq Ft:2,549 / 2,420DOM:56 / 39New:4Total:58
5 Beds
Avg:$1,628,192Median:$1,499,900Range:$827,000 – $2,650,000PSF:$493 / $496Sq Ft:3,288 / 3,150DOM:44 / 31New:3Total:28
6 Beds
Avg:$1,560,125Median:$1,399,000Range:$1,058,000 – $2,100,000PSF:$409 / $390Sq Ft:3,797 / 3,840DOM:29 / 19New:1Total:8
7 Beds
Avg:$2,750,000Median:$2,750,000Range:$2,750,000 – $2,750,000PSF:$437 / $437Sq Ft:6,293 / 6,293DOM:24 / 24New:0Total:1

Rental Market Overview

Median Rent
$2,150
+5.1%
Median DOM
11
+10.0%
New Listings
11
Inventory
59
+9.3%
  • Average Rent: $2,452
  • Median Rent: $2,150
  • Rent Range: $1,495 – $4,695
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 1,105 / 950
  • Square Footage Range: 465 – 3,440
  • Days on Market (Avg/Median): 65 / 11
  • Days on Market Range: 1 – 298
  • New Listings: 11
  • Total Listings: 59

Rentals by Property Type

Apartment
$1,973
Median DOM: 187
Inventory: 33
MoM: +5.1%
Condo
$1,699
Median DOM: 1
Inventory: 2
MoM: +5.1%
Single Family
$3,095
Median DOM: 1
Inventory: 18
MoM: +5.1%
Townhouse
$2,895
Median DOM: 1
Inventory: 3
MoM: +5.1%
Apartment
Avg/Median Rent$1,951 / $1,973Range$1,495 – $2,495Rent per Sq Ft$3 / $3Sq Ft771 / 731DOM157 / 187New0Total33
Condo
Avg/Median Rent$1,824 / $1,699Range$1,699 – $1,950Rent per Sq Ft$3 / $2Sq Ft717 / 704DOM1 / 1New1Total2
Manufactured
Avg/Median Rent$3,217 / $3,300Range$2,950 – $3,400Rent per Sq Ft$2 / $2Sq Ft1,493 / 1,440DOM65 / 49New0Total3
Single Family
Avg/Median Rent$3,240 / $3,095Range$1,895 – $4,695Rent per Sq Ft$2 / $2Sq Ft1,651 / 1,593DOM7 / 1New8Total18
Townhouse
Avg/Median Rent$2,897 / $2,895Range$2,800 – $2,995Rent per Sq Ft$2 / $2Sq Ft1,385 / 1,346DOM7 / 1New2Total3

Rentals by Bedroom Count

Studio
Avg:$1,777Median:$1,780Range:$1,509 – $2,020PSF:$3 / $4Sq Ft:514 / 501DOM:New:0Total:4
1 Beds
Avg:$1,843Median:$1,835Range:$1,495 – $2,198PSF:$3 / $3Sq Ft:686 / 696DOM:74 / 7New:2Total:20
2 Beds
Avg:$2,364Median:$2,295Range:$1,745 – $2,995PSF:$2 / $2Sq Ft:1,044 / 1,029DOM:97 / 47New:5Total:21
3 Beds
Avg:$3,562Median:$3,500Range:$2,995 – $4,400PSF:$2 / $2Sq Ft:1,891 / 1,720DOM:25 / 1New:3Total:11
4 Beds
Avg:$3,963Median:$3,895Range:$3,300 – $4,695PSF:$2 / $2Sq Ft:2,241 / 1,691DOM:8 / 1New:1Total:3

6-Month Sales Trend

Mar 2026
Median Price:$949,990Median DOM:25New:54Total:135
Apr 2026
Median Price:$999,990Median DOM:27New:60Total:152
May 2026
Median Price:$1,038,000Median DOM:30New:63Total:173
Jun 2026
Median Price:$999,990Median DOM:31New:67Total:199
Jul 2026
Median Price:$999,990Median DOM:37New:58Total:201
Aug 2026
Median Price:$999,990Median DOM:39New:12Total:196

6-Month Rental Trend

Mar 2026
Median Rent:$2,100Median DOM:15New:19Total:61
Apr 2026
Median Rent:$2,063Median DOM:7New:12Total:58
May 2026
Median Rent:$2,000Median DOM:13New:18Total:60
Jun 2026
Median Rent:$2,000Median DOM:17New:16Total:62
Jul 2026
Median Rent:$2,045Median DOM:10New:14Total:54
Aug 2026
Median Rent:$2,150Median DOM:11New:11Total:59

Key Market Takeaways

Median sale prices held steady 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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