ZIP 98020 Housing Market Report
Northwest Seattle
Report period: May 2026
98020 Monthly Market Update – May 2026
ZIP 98020 · Last updated May 10, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$1,175,000
−2.1%
Median DOM (Sales)
18
−10.0%
New Listings (Sales)
15
−64.3%
Median Rent
$1,795
−0.3%
Median DOM (Rental)
6
0.0%
Total Rental Listings
14
+7.7%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market improved. Rents softened. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Manufactured (10 DOM)
- Fastest renting: Condo (1 DOM)
- Strongest bedroom: 5 Beds ($2,150,000 median)
Sales Market Overview
Median Price
$1,175,000
−2.1%
Median DOM
18
−10.0%
New Listings
15
−64.3%
Inventory
109
+10.1%
- Average Price: $1,538,356
- Median Price: $1,175,000
- Price Range: $175,000 – $8,800,000
- Price per Sq Ft (Avg/Median): $679 / $614
- Square Footage (Avg/Median): 2,256 / 2,088
- Square Footage Range: 724 – 9,987
- Days on Market (Avg/Median): 32 / 18
- Days on Market Range: 2 – 354
- New Listings: 15
- Total Listings: 109
Sales by Property Type
Condo
Avg/Median Price$923,831 / $695,000Range$350,000 – $3,288,000Price per Sq Ft$668 / $609Sq Ft1,270 / 1,130DOM32 / 21New2Total28
Land
Avg/Median Price$1,062,500 / $800,000Range$750,000 – $1,500,000Price per Sq Ft—Sq Ft—DOM184 / 57New0Total4
Manufactured
Avg/Median Price$175,000 / $175,000Range$175,000 – $175,000Price per Sq Ft$144 / $144Sq Ft1,216 / 1,216DOM10 / 10New0Total1
Multi-Family
Avg/Median Price$1,850,000 / $1,850,000Range$1,850,000 – $1,850,000Price per Sq Ft$430 / $430Sq Ft4,302 / 4,302DOM29 / 29New0Total1
Single Family
Avg/Median Price$1,840,622 / $1,395,000Range$734,812 – $8,800,000Price per Sq Ft$687 / $605Sq Ft2,676 / 2,366DOM22 / 11New12Total70
Townhouse
Avg/Median Price$1,338,990 / $1,199,950Range$950,000 – $1,875,000Price per Sq Ft$781 / $830Sq Ft1,701 / 1,638DOM50 / 37New1Total5
Sales by Bedroom Count
1 Beds
Avg:$546,231Median:$485,000Range:$350,000 – $759,950PSF:$608 / $595Sq Ft:893 / 764DOM:31 / 32New:1Total:8
2 Beds
Avg:$1,333,569Median:$935,000Range:$399,000 – $8,800,000PSF:$802 / $698Sq Ft:1,472 / 1,353DOM:34 / 21New:2Total:27
3 Beds
Avg:$1,163,749Median:$998,000Range:$175,000 – $2,800,000PSF:$618 / $587Sq Ft:1,906 / 1,849DOM:24 / 10New:4Total:33
4 Beds
Avg:$2,062,160Median:$1,950,000Range:$949,950 – $4,400,000PSF:$679 / $667Sq Ft:3,013 / 2,755DOM:20 / 11New:5Total:24
5 Beds
Avg:$2,775,750Median:$2,150,000Range:$999,995 – $5,800,000PSF:$638 / $581Sq Ft:4,211 / 3,545DOM:25 / 8New:3Total:12
8 Beds
Avg:$1,850,000Median:$1,850,000Range:$1,850,000 – $1,850,000PSF:$430 / $430Sq Ft:4,302 / 4,302DOM:29 / 29New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $546,231 | $485,000 | $350,000 – $759,950 | $608 / $595 | 893 / 764 | 31 / 32 | 1 | 8 |
| 2 Beds | $1,333,569 | $935,000 | $399,000 – $8,800,000 | $802 / $698 | 1,472 / 1,353 | 34 / 21 | 2 | 27 |
| 3 Beds | $1,163,749 | $998,000 | $175,000 – $2,800,000 | $618 / $587 | 1,906 / 1,849 | 24 / 10 | 4 | 33 |
| 4 Beds | $2,062,160 | $1,950,000 | $949,950 – $4,400,000 | $679 / $667 | 3,013 / 2,755 | 20 / 11 | 5 | 24 |
| 5 Beds | $2,775,750 | $2,150,000 | $999,995 – $5,800,000 | $638 / $581 | 4,211 / 3,545 | 25 / 8 | 3 | 12 |
| 8 Beds | $1,850,000 | $1,850,000 | $1,850,000 – $1,850,000 | $430 / $430 | 4,302 / 4,302 | 29 / 29 | 0 | 1 |
Rental Market Overview
Median Rent
$1,795
−0.3%
Median DOM
6
0.0%
New Listings
3
Inventory
14
+7.7%
- Average Rent: $2,071
- Median Rent: $1,795
- Rent Range: $1,539 – $3,200
- Rent per Sq Ft (Avg/Median): $3 / $3
- Square Footage (Avg/Median): 737 / 690
- Square Footage Range: 364 – 1,527
- Days on Market (Avg/Median): 58 / 6
- Days on Market Range: 1 – 327
- New Listings: 3
- Total Listings: 14
Rentals by Property Type
Apartment
$1,695
Median DOM: 6
Inventory: 8
MoM: −0.3%
Condo
$1,845
Median DOM: 1
Inventory: 4
MoM: −0.3%
Single Family
$2,950
Median DOM: 54
Inventory: 1
MoM: −0.3%
Townhouse
$2,400
Median DOM: 1
Inventory: 1
MoM: −0.3%
Apartment
Avg/Median Rent$1,720 / $1,695Range$1,539 – $1,995Rent per Sq Ft$3 / $2Sq Ft617 / 515DOM105 / 6New2Total8
Condo
Avg/Median Rent$2,472 / $1,845Range$1,795 – $3,200Rent per Sq Ft$3 / $3Sq Ft904 / 690DOM14 / 1New1Total4
Single Family
Avg/Median Rent$2,950 / $2,950Range$2,950 – $2,950Rent per Sq Ft$4 / $4Sq Ft667 / 667DOM54 / 54New0Total1
Townhouse
Avg/Median Rent$2,400 / $2,400Range$2,400 – $2,400Rent per Sq Ft$2 / $2Sq Ft1,100 / 1,100DOM1 / 1New0Total1
Rentals by Bedroom Count
Studio
Avg:$1,645Median:$1,595Range:$1,595 – $1,695PSF:$4 / $4Sq Ft:392 / 364DOM:1 / 1New:1Total:2
1 Beds
Avg:$1,717Median:$1,695Range:$1,539 – $1,845PSF:$3 / $3Sq Ft:579 / 515DOM:171 / 185New:0Total:4
2 Beds
Avg:$2,355Median:$1,995Range:$1,650 – $3,200PSF:$3 / $2Sq Ft:903 / 800DOM:17 / 6New:2Total:8
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,645 | $1,595 | $1,595 – $1,695 | $4 / $4 | 392 / 364 | 1 / 1 | 1 | 2 |
| 1 Beds | $1,717 | $1,695 | $1,539 – $1,845 | $3 / $3 | 579 / 515 | 171 / 185 | 0 | 4 |
| 2 Beds | $2,355 | $1,995 | $1,650 – $3,200 | $3 / $2 | 903 / 800 | 17 / 6 | 2 | 8 |
6-Month Sales Trend
Dec 2025
Median Price:$998,950Median DOM:46New:12Total:60
Jan 2026
Median Price:$1,139,000Median DOM:24New:27Total:67
Feb 2026
Median Price:$1,195,000Median DOM:10New:27Total:76
Mar 2026
Median Price:$1,175,000Median DOM:18New:30Total:88
Apr 2026
Median Price:$1,200,000Median DOM:20New:42Total:99
May 2026
Median Price:$1,175,000Median DOM:18New:15Total:109
6-Month Rental Trend
Dec 2025
Median Rent:$1,850Median DOM:3New:10Total:29
Jan 2026
Median Rent:$1,900Median DOM:3New:10Total:29
Feb 2026
Median Rent:$2,250Median DOM:20New:4Total:23
Mar 2026
Median Rent:$1,895Median DOM:20New:4Total:18
Apr 2026
Median Rent:$1,800Median DOM:6New:4Total:13
May 2026
Median Rent:$1,795Median DOM:6New:3Total:14
Key Market Takeaways
Median sale prices softened this month while inventory expanded. Days on market declined, signaling improving buyer activity. Rental pricing eased, 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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