ZIP 98021 Housing Market Report

Northwest Seattle

Report period: May 2026

98021 Monthly Market Update – May 2026

ZIP 98021 · Last updated May 11, 2026 · Data range Dec 2025 – May 2026

Executive Snapshot

Median Sale Price
$1,189,000
+1.7%
Median DOM (Sales)
31
+6.9%
New Listings (Sales)
20
−76.2%
Median Rent
$3,295
+3.0%
Median DOM (Rental)
1
0.0%
Total Rental Listings
35
+6.1%

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: Multi-Family (4 DOM)
  • Fastest renting: Condo (1 DOM)
  • Strongest bedroom: 7 Beds ($2,349,990 median)

Sales Market Overview

Median Price
$1,189,000
+1.7%
Median DOM
31
+6.9%
New Listings
20
−76.2%
Inventory
235
+5.9%
  • Average Price: $1,120,650
  • Median Price: $1,189,000
  • Price Range: $35,000 – $2,750,000
  • Price per Sq Ft (Avg/Median): $483 / $506
  • Square Footage (Avg/Median): 2,287 / 2,330
  • Square Footage Range: 560 – 4,676
  • Days on Market (Avg/Median): 55 / 31
  • Days on Market Range: 2 – 311
  • New Listings: 20
  • Total Listings: 235

Sales by Property Type

Condo
Avg/Median Price$762,576 / $569,990Range$319,000 – $1,526,555Price per Sq Ft$452 / $438Sq Ft1,659 / 1,187DOM98 / 54New1Total18
Land
Avg/Median Price$832,667 / $599,000Range$199,000 – $1,650,000Price per Sq FtSq FtDOM170 / 74New1Total6
Manufactured
Avg/Median Price$262,880 / $270,000Range$35,000 – $625,000Price per Sq Ft$218 / $254Sq Ft1,136 / 1,109DOM64 / 48New3Total22
Multi-Family
Avg/Median Price$749,000 / $749,000Range$749,000 – $749,000Price per Sq Ft$480 / $480Sq Ft1,560 / 1,560DOM4 / 4New0Total1
Single Family
Avg/Median Price$1,315,671 / $1,349,950Range$630,000 – $2,750,000Price per Sq Ft$519 / $513Sq Ft2,580 / 2,688DOM44 / 24New13Total157
Townhouse
Avg/Median Price$1,017,343 / $1,075,000Range$625,000 – $1,376,950Price per Sq Ft$507 / $508Sq Ft2,007 / 1,923DOM61 / 40New2Total31

Sales by Bedroom Count

1 Beds
Avg:$244,633Median:$319,000Range:$94,900 – $319,999PSF:$345 / $432Sq Ft:679 / 739DOM:46 / 54New:0Total:3
2 Beds
Avg:$350,875Median:$330,000Range:$35,000 – $997,500PSF:$304 / $281Sq Ft:1,108 / 1,096DOM:53 / 39New:3Total:26
3 Beds
Avg:$978,262Median:$929,000Range:$100,000 – $2,750,000PSF:$508 / $507Sq Ft:1,967 / 1,889DOM:48 / 22New:5Total:69
4 Beds
Avg:$1,268,055Median:$1,270,000Range:$749,000 – $2,098,000PSF:$507 / $510Sq Ft:2,516 / 2,432DOM:53 / 32New:7Total:88
5 Beds
Avg:$1,596,694Median:$1,525,000Range:$1,150,000 – $2,300,000PSF:$513 / $513Sq Ft:3,120 / 3,105DOM:54 / 25New:4Total:42
7 Beds
Avg:$2,349,990Median:$2,349,990Range:$2,349,990 – $2,349,990PSF:$503 / $503Sq Ft:4,676 / 4,676DOM:150 / 150New:0Total:1

Rental Market Overview

Median Rent
$3,295
+3.0%
Median DOM
1
0.0%
New Listings
7
Inventory
35
+6.1%
  • Average Rent: $3,223
  • Median Rent: $3,295
  • Rent Range: $1,000 – $6,667
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 1,666 / 1,596
  • Square Footage Range: 300 – 3,459
  • Days on Market (Avg/Median): 42 / 1
  • Days on Market Range: 1 – 341
  • New Listings: 7
  • Total Listings: 35

Rentals by Property Type

Apartment
$2,019
Median DOM: 15
Inventory: 10
MoM: +3.0%
Condo
$1,000
Median DOM: 1
Inventory: 2
MoM: +3.0%
Single Family
$3,800
Median DOM: 1
Inventory: 20
MoM: +3.0%
Townhouse
$3,200
Median DOM: 1
Inventory: 3
MoM: +3.0%
Apartment
Avg/Median Rent$2,449 / $2,019Range$1,000 – $6,667Rent per Sq Ft$4 / $3Sq Ft682 / 672DOM82 / 15New0Total10
Condo
Avg/Median Rent$1,712 / $1,000Range$1,000 – $2,425Rent per Sq Ft$3 / $3Sq Ft900 / 900DOM1 / 1New0Total2
Single Family
Avg/Median Rent$3,767 / $3,800Range$1,100 – $5,200Rent per Sq Ft$2 / $2Sq Ft2,131 / 1,984DOM42 / 1New7Total20
Townhouse
Avg/Median Rent$3,183 / $3,200Range$3,100 – $3,250Rent per Sq Ft$2 / $2Sq Ft1,604 / 1,527DOM3 / 1New0Total3

Rentals by Bedroom Count

Studio
Avg:$2,435Median:$2,321Range:$2,321 – $2,549PSF:$8 / $8Sq Ft:300 / 300DOM:1 / 1New:0Total:2
1 Beds
Avg:$1,508Median:$1,697Range:$1,000 – $2,019PSF:$3 / $2Sq Ft:707 / 672DOM:92 / 15New:0Total:7
2 Beds
Avg:$3,814Median:$2,425Range:$2,350 – $6,667PSF:$3 / $3Sq Ft:862 / 824DOM:27 / 1New:0Total:3
3 Beds
Avg:$3,345Median:$3,295Range:$2,150 – $4,000PSF:$2 / $2Sq Ft:1,726 / 1,596DOM:31 / 1New:3Total:13
4 Beds
Avg:$4,119Median:$3,800Range:$3,600 – $4,900PSF:$2 / $2Sq Ft:2,220 / 1,984DOM:70 / 11New:2Total:8
5 Beds
Avg:$4,300Median:$4,300Range:$4,300 – $4,300PSF:$2 / $2Sq Ft:2,850 / 2,850DOM:1 / 1New:1Total:1
6 Beds
Avg:$5,200Median:$5,200Range:$5,200 – $5,200PSF:$2 / $2Sq Ft:3,459 / 3,459DOM:1 / 1New:1Total:1

6-Month Sales Trend

Dec 2025
Median Price:$1,149,000Median DOM:60New:13Total:148
Jan 2026
Median Price:$1,200,000Median DOM:32New:66Total:155
Feb 2026
Median Price:$1,100,000Median DOM:37New:47Total:178
Mar 2026
Median Price:$1,099,950Median DOM:33New:54Total:185
Apr 2026
Median Price:$1,169,000Median DOM:29New:84Total:222
May 2026
Median Price:$1,189,000Median DOM:31New:20Total:235

6-Month Rental Trend

Dec 2025
Median Rent:$3,400Median DOM:1New:17Total:48
Jan 2026
Median Rent:$3,500Median DOM:1New:13Total:35
Feb 2026
Median Rent:$3,250Median DOM:1New:13Total:35
Mar 2026
Median Rent:$2,800Median DOM:1New:11Total:30
Apr 2026
Median Rent:$3,200Median DOM:1New:12Total:33
May 2026
Median Rent:$3,295Median DOM:1New:7Total:35

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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