ZIP 98012 Housing Market Report
Northwest Seattle
Report period: July 2026
98012 Monthly Market Update – July 2026
ZIP 98012 · Last updated Jul 10, 2026 · Data range Feb 2026 – Jul 2026
Executive Snapshot
Median Sale Price
$997,500
0.0%
Median DOM (Sales)
36
+20.0%
New Listings (Sales)
21
−86.3%
Median Rent
$3,200
+0.2%
Median DOM (Rental)
1
0.0%
Total Rental Listings
159
+7.4%
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 (28 DOM)
- Fastest renting: Condo (1 DOM)
- Strongest bedroom: 6 Beds ($1,708,000 median)
Sales Market Overview
Median Price
$997,500
0.0%
Median DOM
36
+20.0%
New Listings
21
−86.3%
Inventory
447
−2.8%
- Average Price: $991,024
- Median Price: $997,500
- Price Range: $34,900 – $2,399,000
- Price per Sq Ft (Avg/Median): $450 / $454
- Square Footage (Avg/Median): 2,198 / 2,193
- Square Footage Range: 677 – 4,770
- Days on Market (Avg/Median): 49 / 36
- Days on Market Range: 1 – 300
- New Listings: 21
- Total Listings: 447
Sales by Property Type
Condo
Avg/Median Price$643,985 / $509,900Range$269,000 – $1,298,000Price per Sq Ft$419 / $407Sq Ft1,520 / 1,336DOM56 / 51New3Total55
Land
Avg/Median Price$648,790 / $575,000Range$160,000 – $1,620,000Price per Sq Ft—Sq Ft—DOM136 / 51New0Total5
Manufactured
Avg/Median Price$239,515 / $150,000Range$34,900 – $575,000Price per Sq Ft$189 / $130Sq Ft1,285 / 1,344DOM132 / 131New0Total13
Single Family
Avg/Median Price$1,157,408 / $1,099,000Range$575,000 – $2,399,000Price per Sq Ft$476 / $470Sq Ft2,470 / 2,451DOM41 / 28New18Total295
Townhouse
Avg/Median Price$756,651 / $725,000Range$369,000 – $1,162,995Price per Sq Ft$421 / $435Sq Ft1,802 / 1,842DOM57 / 41New0Total79
Sales by Bedroom Count
1 Beds
Avg:$321,974Median:$328,900Range:$269,000 – $350,000PSF:$473 / $484Sq Ft:682 / 679DOM:41 / 39New:1Total:4
2 Beds
Avg:$498,559Median:$505,000Range:$34,900 – $990,000PSF:$376 / $378Sq Ft:1,342 / 1,260DOM:68 / 58New:2Total:60
3 Beds
Avg:$831,612Median:$825,000Range:$75,000 – $1,399,000PSF:$451 / $445Sq Ft:1,873 / 1,857DOM:48 / 35New:6Total:129
4 Beds
Avg:$1,143,771Median:$1,100,000Range:$150,000 – $2,300,000PSF:$465 / $467Sq Ft:2,471 / 2,453DOM:45 / 35New:9Total:186
5 Beds
Avg:$1,400,241Median:$1,297,500Range:$949,950 – $2,399,000PSF:$476 / $470Sq Ft:2,944 / 2,922DOM:41 / 28New:3Total:62
6 Beds
Avg:$1,708,000Median:$1,708,000Range:$1,708,000 – $1,708,000PSF:$377 / $377Sq Ft:4,527 / 4,527DOM:16 / 16New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $321,974 | $328,900 | $269,000 – $350,000 | $473 / $484 | 682 / 679 | 41 / 39 | 1 | 4 |
| 2 Beds | $498,559 | $505,000 | $34,900 – $990,000 | $376 / $378 | 1,342 / 1,260 | 68 / 58 | 2 | 60 |
| 3 Beds | $831,612 | $825,000 | $75,000 – $1,399,000 | $451 / $445 | 1,873 / 1,857 | 48 / 35 | 6 | 129 |
| 4 Beds | $1,143,771 | $1,100,000 | $150,000 – $2,300,000 | $465 / $467 | 2,471 / 2,453 | 45 / 35 | 9 | 186 |
| 5 Beds | $1,400,241 | $1,297,500 | $949,950 – $2,399,000 | $476 / $470 | 2,944 / 2,922 | 41 / 28 | 3 | 62 |
| 6 Beds | $1,708,000 | $1,708,000 | $1,708,000 – $1,708,000 | $377 / $377 | 4,527 / 4,527 | 16 / 16 | 0 | 1 |
Rental Market Overview
Median Rent
$3,200
+0.2%
Median DOM
1
0.0%
New Listings
43
Inventory
159
+7.4%
- Average Rent: $3,029
- Median Rent: $3,200
- Rent Range: $800 – $6,336
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,642 / 1,708
- Square Footage Range: 457 – 3,288
- Days on Market (Avg/Median): 18 / 1
- Days on Market Range: 1 – 289
- New Listings: 43
- Total Listings: 159
Rentals by Property Type
Apartment
$1,915
Median DOM: 173
Inventory: 32
MoM: +0.2%
Condo
$2,495
Median DOM: 1
Inventory: 15
MoM: +0.2%
Single Family
$3,475
Median DOM: 1
Inventory: 98
MoM: +0.2%
Townhouse
$3,198
Median DOM: 2
Inventory: 13
MoM: +0.2%
Apartment
Avg/Median Rent$2,261 / $1,915Range$1,340 – $6,336Rent per Sq Ft$2 / $2Sq Ft982 / 800DOM147 / 173New0Total32
Condo
Avg/Median Rent$2,375 / $2,495Range$1,700 – $3,200Rent per Sq Ft$3 / $2Sq Ft1,002 / 950DOM17 / 1New7Total15
Multi-Family
Avg/Median Rent$3,000 / $3,000Range$3,000 – $3,000Rent per Sq Ft$2 / $2Sq Ft1,364 / 1,364DOM19 / 19New0Total1
Single Family
Avg/Median Rent$3,360 / $3,475Range$800 – $4,900Rent per Sq Ft$2 / $2Sq Ft1,947 / 2,007DOM8 / 1New32Total98
Townhouse
Avg/Median Rent$3,178 / $3,198Range$2,486 – $3,600Rent per Sq Ft$2 / $2Sq Ft1,677 / 1,703DOM11 / 2New4Total13
Rentals by Bedroom Count
Studio
Avg:$1,750Median:$1,750Range:$1,750 – $1,750PSF:$4 / $4Sq Ft:457 / 457DOM:1 / 1New:1Total:1
1 Beds
Avg:$1,775Median:$1,809Range:$800 – $2,800PSF:$3 / $3Sq Ft:712 / 694DOM:78 / 2New:3Total:25
2 Beds
Avg:$2,559Median:$2,495Range:$1,600 – $3,200PSF:$2 / $2Sq Ft:1,135 / 1,024DOM:20 / 1New:10Total:34
3 Beds
Avg:$3,386Median:$3,365Range:$1,800 – $6,336PSF:$2 / $2Sq Ft:1,829 / 1,808DOM:14 / 1New:16Total:58
4 Beds
Avg:$3,699Median:$3,750Range:$1,550 – $4,900PSF:$2 / $2Sq Ft:2,344 / 2,229DOM:9 / 1New:13Total:40
5 Beds
Avg:$4,095Median:$4,095Range:$4,095 – $4,095PSF:$2 / $2Sq Ft:2,337 / 2,337DOM:1 / 1New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,750 | $1,750 | $1,750 – $1,750 | $4 / $4 | 457 / 457 | 1 / 1 | 1 | 1 |
| 1 Beds | $1,775 | $1,809 | $800 – $2,800 | $3 / $3 | 712 / 694 | 78 / 2 | 3 | 25 |
| 2 Beds | $2,559 | $2,495 | $1,600 – $3,200 | $2 / $2 | 1,135 / 1,024 | 20 / 1 | 10 | 34 |
| 3 Beds | $3,386 | $3,365 | $1,800 – $6,336 | $2 / $2 | 1,829 / 1,808 | 14 / 1 | 16 | 58 |
| 4 Beds | $3,699 | $3,750 | $1,550 – $4,900 | $2 / $2 | 2,344 / 2,229 | 9 / 1 | 13 | 40 |
| 5 Beds | $4,095 | $4,095 | $4,095 – $4,095 | $2 / $2 | 2,337 / 2,337 | 1 / 1 | 0 | 1 |
6-Month Sales Trend
Feb 2026
Median Price:$999,999Median DOM:22New:107Total:279
Mar 2026
Median Price:$950,000Median DOM:25New:119Total:319
Apr 2026
Median Price:$979,950Median DOM:28New:127Total:361
May 2026
Median Price:$999,000Median DOM:29New:145Total:416
Jun 2026
Median Price:$997,500Median DOM:30New:153Total:460
Jul 2026
Median Price:$997,500Median DOM:36New:21Total:447
6-Month Rental Trend
Feb 2026
Median Rent:$3,100Median DOM:1New:57Total:145
Mar 2026
Median Rent:$2,895Median DOM:1New:52Total:140
Apr 2026
Median Rent:$2,890Median DOM:1New:46Total:129
May 2026
Median Rent:$2,849Median DOM:1New:58Total:129
Jun 2026
Median Rent:$3,195Median DOM:1New:73Total:148
Jul 2026
Median Rent:$3,200Median DOM:1New:43Total:159
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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