ZIP 98022 Housing Market Report
Northwest Seattle
Report period: May 2026
98022 Monthly Market Update – May 2026
ZIP 98022 · Last updated May 11, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$673,990
+2.3%
Median DOM (Sales)
35
−14.6%
New Listings (Sales)
13
−69.8%
Median Rent
$1,956
−4.6%
Median DOM (Rental)
1
0.0%
Total Rental Listings
29
0.0%
Month-over-Month Movement
Median sale prices moved higher. Days on market improved. Rents softened.
What's Moving Fastest
- Fastest selling: Condo (17 DOM)
- Fastest renting: Single Family (1 DOM)
- Strongest bedroom: 8 Beds ($1,050,000 median)
Sales Market Overview
Median Price
$673,990
+2.3%
Median DOM
35
−14.6%
New Listings
13
−69.8%
Inventory
187
+2.2%
- Average Price: $738,595
- Median Price: $673,990
- Price Range: $25,000 – $3,995,000
- Price per Sq Ft (Avg/Median): $372 / $358
- Square Footage (Avg/Median): 2,035 / 1,844
- Square Footage Range: 448 – 4,820
- Days on Market (Avg/Median): 73 / 35
- Days on Market Range: 2 – 354
- New Listings: 13
- Total Listings: 187
Sales by Property Type
Condo
Avg/Median Price$476,250 / $425,000Range$300,000 – $645,000Price per Sq Ft$617 / $355Sq Ft1,027 / 1,070DOM22 / 17New0Total4
Land
Avg/Median Price$639,930 / $639,500Range$185,000 – $1,699,500Price per Sq Ft—Sq Ft—DOM162 / 91New0Total23
Manufactured
Avg/Median Price$212,717 / $169,950Range$25,000 – $599,950Price per Sq Ft$161 / $130Sq Ft1,276 / 1,296DOM120 / 90New2Total24
Multi-Family
Avg/Median Price$1,050,000 / $1,050,000Range$1,050,000 – $1,050,000Price per Sq Ft$296 / $296Sq Ft3,552 / 3,552DOM38 / 38New0Total1
Single Family
Avg/Median Price$854,360 / $749,990Range$335,000 – $3,995,000Price per Sq Ft$403 / $367Sq Ft2,189 / 2,000DOM52 / 20New11Total135
Sales by Bedroom Count
Studio
Avg:$335,000Median:$335,000Range:$335,000 – $335,000PSF:$670 / $670Sq Ft:500 / 500DOM:—New:0Total:1
1 Beds
Avg:$1,591,000Median:$799,000Range:$645,000 – $3,995,000PSF:$1,052 / $841Sq Ft:1,496 / 1,100DOM:161 / 38New:1Total:4
2 Beds
Avg:$328,376Median:$300,000Range:$39,950 – $788,800PSF:$302 / $266Sq Ft:1,116 / 1,085DOM:94 / 47New:1Total:23
3 Beds
Avg:$720,473Median:$639,999Range:$25,000 – $2,300,000PSF:$376 / $367Sq Ft:1,870 / 1,802DOM:50 / 20New:6Total:93
4 Beds
Avg:$1,035,473Median:$974,950Range:$565,800 – $1,795,000PSF:$354 / $348Sq Ft:2,925 / 2,730DOM:61 / 38New:4Total:30
5 Beds
Avg:$825,359Median:$779,950Range:$570,150 – $1,150,000PSF:$275 / $265Sq Ft:2,994 / 2,926DOM:46 / 17New:1Total:11
6 Beds
Avg:$950,000Median:$950,000Range:$950,000 – $950,000PSF:$273 / $273Sq Ft:3,479 / 3,479DOM:65 / 65New:0Total:1
8 Beds
Avg:$1,050,000Median:$1,050,000Range:$1,050,000 – $1,050,000PSF:$296 / $296Sq Ft:3,552 / 3,552DOM:38 / 38New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $335,000 | $335,000 | $335,000 – $335,000 | $670 / $670 | 500 / 500 | — | 0 | 1 |
| 1 Beds | $1,591,000 | $799,000 | $645,000 – $3,995,000 | $1,052 / $841 | 1,496 / 1,100 | 161 / 38 | 1 | 4 |
| 2 Beds | $328,376 | $300,000 | $39,950 – $788,800 | $302 / $266 | 1,116 / 1,085 | 94 / 47 | 1 | 23 |
| 3 Beds | $720,473 | $639,999 | $25,000 – $2,300,000 | $376 / $367 | 1,870 / 1,802 | 50 / 20 | 6 | 93 |
| 4 Beds | $1,035,473 | $974,950 | $565,800 – $1,795,000 | $354 / $348 | 2,925 / 2,730 | 61 / 38 | 4 | 30 |
| 5 Beds | $825,359 | $779,950 | $570,150 – $1,150,000 | $275 / $265 | 2,994 / 2,926 | 46 / 17 | 1 | 11 |
| 6 Beds | $950,000 | $950,000 | $950,000 – $950,000 | $273 / $273 | 3,479 / 3,479 | 65 / 65 | 0 | 1 |
| 8 Beds | $1,050,000 | $1,050,000 | $1,050,000 – $1,050,000 | $296 / $296 | 3,552 / 3,552 | 38 / 38 | 0 | 1 |
Rental Market Overview
Median Rent
$1,956
−4.6%
Median DOM
1
0.0%
New Listings
8
Inventory
29
0.0%
- Average Rent: $2,395
- Median Rent: $1,956
- Rent Range: $720 – $3,760
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,374 / 960
- Square Footage Range: 280 – 2,660
- Days on Market (Avg/Median): 57 / 1
- Days on Market Range: 1 – 363
- New Listings: 8
- Total Listings: 29
Rentals by Property Type
Apartment
$1,795
Median DOM: 52
Inventory: 14
MoM: −4.6%
Condo
$1,500
Median DOM: 349
Inventory: 1
MoM: −4.6%
Single Family
$3,255
Median DOM: 1
Inventory: 14
MoM: −4.6%
Townhouse
—
Median DOM: —
Inventory: —
MoM: −4.6%
Apartment
Avg/Median Rent$1,686 / $1,795Range$720 – $2,425Rent per Sq Ft$2 / $2Sq Ft799 / 818DOM85 / 52New4Total14
Condo
Avg/Median Rent$1,500 / $1,500Range$1,500 – $1,500Rent per Sq Ft$5 / $5Sq Ft280 / 280DOM349 / 349New0Total1
Single Family
Avg/Median Rent$3,168 / $3,255Range$1,550 – $3,760Rent per Sq Ft$2 / $2Sq Ft1,945 / 2,000DOM11 / 1New4Total14
Rentals by Bedroom Count
1 Beds
Avg:$1,384Median:$1,550Range:$720 – $1,600PSF:$4 / $3Sq Ft:481 / 390DOM:99 / 31New:1Total:5
2 Beds
Avg:$1,795Median:$1,825Range:$805 – $2,425PSF:$2 / $2Sq Ft:835 / 850DOM:96 / 55New:3Total:12
3 Beds
Avg:$3,218Median:$3,200Range:$3,200 – $3,235PSF:$2 / $2Sq Ft:1,655 / 1,540DOM:5 / 1New:1Total:4
4 Beds
Avg:$3,378Median:$3,345Range:$3,255 – $3,500PSF:$1 / $1Sq Ft:2,284 / 2,378DOM:3 / 1New:2Total:4
5 Beds
Avg:$3,656Median:$3,625Range:$3,490 – $3,760PSF:$1 / $1Sq Ft:2,558 / 2,490DOM:11 / 1New:1Total:4
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $1,384 | $1,550 | $720 – $1,600 | $4 / $3 | 481 / 390 | 99 / 31 | 1 | 5 |
| 2 Beds | $1,795 | $1,825 | $805 – $2,425 | $2 / $2 | 835 / 850 | 96 / 55 | 3 | 12 |
| 3 Beds | $3,218 | $3,200 | $3,200 – $3,235 | $2 / $2 | 1,655 / 1,540 | 5 / 1 | 1 | 4 |
| 4 Beds | $3,378 | $3,345 | $3,255 – $3,500 | $1 / $1 | 2,284 / 2,378 | 3 / 1 | 2 | 4 |
| 5 Beds | $3,656 | $3,625 | $3,490 – $3,760 | $1 / $1 | 2,558 / 2,490 | 11 / 1 | 1 | 4 |
6-Month Sales Trend
Dec 2025
Median Price:$619,950Median DOM:74New:17Total:157
Jan 2026
Median Price:$615,000Median DOM:77New:32Total:135
Feb 2026
Median Price:$630,000Median DOM:43New:53Total:165
Mar 2026
Median Price:$637,500Median DOM:46New:39Total:174
Apr 2026
Median Price:$659,000Median DOM:41New:43Total:183
May 2026
Median Price:$673,990Median DOM:35New:13Total:187
6-Month Rental Trend
Dec 2025
Median Rent:$1,912Median DOM:1New:7Total:20
Jan 2026
Median Rent:$1,860Median DOM:3New:9Total:23
Feb 2026
Median Rent:$1,850Median DOM:31New:5Total:21
Mar 2026
Median Rent:$2,343Median DOM:3New:14Total:29
Apr 2026
Median Rent:$2,050Median DOM:1New:10Total:29
May 2026
Median Rent:$1,956Median DOM:1New:8Total:29
Key Market Takeaways
Median sale prices moved higher this month while inventory expanded. Days on market declined, signaling improving buyer activity. Rental pricing eased, while total rental inventory was flat.
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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