ZIP 98023 Housing Market Report
Northwest Seattle
Report period: July 2026
98023 Monthly Market Update – July 2026
ZIP 98023 · Last updated Jul 11, 2026 · Data range Feb 2026 – Jul 2026
Executive Snapshot
Median Sale Price
$625,000
0.0%
Median DOM (Sales)
34
+3.0%
New Listings (Sales)
33
−54.8%
Median Rent
$1,780
−3.7%
Median DOM (Rental)
5
−16.7%
Total Rental Listings
104
−4.6%
Month-over-Month Movement
Median sale prices were flat. Days on market lengthened. Rents softened. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Townhouse (5 DOM)
- Fastest renting: Single Family (1 DOM)
- Strongest bedroom: 6 Beds ($1,049,000 median)
Sales Market Overview
Median Price
$625,000
0.0%
Median DOM
34
+3.0%
New Listings
33
−54.8%
Inventory
247
+2.1%
- Average Price: $682,071
- Median Price: $625,000
- Price Range: $75,000 – $3,098,000
- Price per Sq Ft (Avg/Median): $338 / $326
- Square Footage (Avg/Median): 2,136 / 2,040
- Square Footage Range: 579 – 7,100
- Days on Market (Avg/Median): 53 / 34
- Days on Market Range: 1 – 349
- New Listings: 33
- Total Listings: 247
Sales by Property Type
Condo
Avg/Median Price$298,570 / $294,950Range$175,000 – $598,000Price per Sq Ft$300 / $304Sq Ft1,020 / 1,017DOM64 / 37New4Total32
Land
Avg/Median Price$268,900 / $250,000Range$75,000 – $450,000Price per Sq Ft—Sq Ft—DOM164 / 124New0Total10
Manufactured
Avg/Median Price$401,600 / $485,000Range$79,000 – $519,999Price per Sq Ft$285 / $315Sq Ft1,316 / 1,440DOM23 / 12New2Total5
Single Family
Avg/Median Price$779,399 / $675,000Range$424,950 – $3,098,000Price per Sq Ft$347 / $329Sq Ft2,356 / 2,160DOM46 / 31New26Total196
Townhouse
Avg/Median Price$364,499 / $340,000Range$279,000 – $469,000Price per Sq Ft$277 / $283Sq Ft1,306 / 1,202DOM33 / 5New1Total4
Sales by Bedroom Count
1 Beds
Avg:$235,731Median:$232,500Range:$175,000 – $294,950PSF:$349 / $352Sq Ft:674 / 657DOM:33 / 23New:2Total:8
2 Beds
Avg:$412,009Median:$340,000Range:$180,000 – $1,297,000PSF:$334 / $315Sq Ft:1,189 / 1,184DOM:58 / 24New:5Total:31
3 Beds
Avg:$565,609Median:$565,000Range:$79,000 – $1,100,000PSF:$384 / $373Sq Ft:1,533 / 1,400DOM:41 / 24New:11Total:67
4 Beds
Avg:$802,399Median:$699,000Range:$499,950 – $2,250,000PSF:$320 / $306Sq Ft:2,535 / 2,410DOM:51 / 37New:11Total:92
5 Beds
Avg:$976,058Median:$875,000Range:$499,000 – $3,098,000PSF:$305 / $301Sq Ft:3,191 / 2,964DOM:50 / 36New:4Total:33
6 Beds
Avg:$1,199,642Median:$1,049,000Range:$699,900 – $1,725,000PSF:$313 / $283Sq Ft:3,785 / 4,020DOM:45 / 34New:0Total:6
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $235,731 | $232,500 | $175,000 – $294,950 | $349 / $352 | 674 / 657 | 33 / 23 | 2 | 8 |
| 2 Beds | $412,009 | $340,000 | $180,000 – $1,297,000 | $334 / $315 | 1,189 / 1,184 | 58 / 24 | 5 | 31 |
| 3 Beds | $565,609 | $565,000 | $79,000 – $1,100,000 | $384 / $373 | 1,533 / 1,400 | 41 / 24 | 11 | 67 |
| 4 Beds | $802,399 | $699,000 | $499,950 – $2,250,000 | $320 / $306 | 2,535 / 2,410 | 51 / 37 | 11 | 92 |
| 5 Beds | $976,058 | $875,000 | $499,000 – $3,098,000 | $305 / $301 | 3,191 / 2,964 | 50 / 36 | 4 | 33 |
| 6 Beds | $1,199,642 | $1,049,000 | $699,900 – $1,725,000 | $313 / $283 | 3,785 / 4,020 | 45 / 34 | 0 | 6 |
Rental Market Overview
Median Rent
$1,780
−3.7%
Median DOM
5
−16.7%
New Listings
32
Inventory
104
−4.6%
- Average Rent: $2,196
- Median Rent: $1,780
- Rent Range: $1,000 – $6,500
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,147 / 875
- Square Footage Range: 432 – 4,671
- Days on Market (Avg/Median): 28 / 5
- Days on Market Range: 1 – 337
- New Listings: 32
- Total Listings: 104
Rentals by Property Type
Apartment
$1,550
Median DOM: 20
Inventory: 64
MoM: −3.7%
Condo
$2,275
Median DOM: 24
Inventory: 6
MoM: −3.7%
Single Family
$3,200
Median DOM: 1
Inventory: 33
MoM: −3.7%
Townhouse
—
Median DOM: —
Inventory: —
MoM: −3.7%
Apartment
Avg/Median Rent$1,687 / $1,550Range$1,269 – $5,500Rent per Sq Ft$2 / $2Sq Ft790 / 710DOM36 / 20New23Total64
Condo
Avg/Median Rent$2,153 / $2,275Range$1,695 – $2,600Rent per Sq Ft$2 / $2Sq Ft1,011 / 905DOM44 / 24New1Total6
Multi-Family
Avg/Median Rent$2,700 / $2,700Range$2,700 – $2,700Rent per Sq Ft$2 / $2Sq Ft1,800 / 1,800DOM—New0Total1
Single Family
Avg/Median Rent$3,176 / $3,200Range$1,000 – $6,500Rent per Sq Ft$2 / $2Sq Ft1,889 / 1,790DOM11 / 1New8Total33
Rentals by Bedroom Count
Studio
Avg:$1,370Median:$1,360Range:$1,295 – $1,512PSF:$3 / $3Sq Ft:432 / 432DOM:44 / 37New:0Total:7
1 Beds
Avg:$1,486Median:$1,525Range:$1,000 – $1,695PSF:$2 / $2Sq Ft:649 / 598DOM:51 / 32New:10Total:37
2 Beds
Avg:$1,894Median:$1,830Range:$1,550 – $2,300PSF:$2 / $2Sq Ft:941 / 875DOM:15 / 1New:9Total:21
3 Beds
Avg:$2,785Median:$2,750Range:$2,294 – $3,395PSF:$2 / $2Sq Ft:1,475 / 1,390DOM:8 / 1New:8Total:21
4 Beds
Avg:$3,533Median:$3,300Range:$1,500 – $6,500PSF:$2 / $2Sq Ft:2,156 / 1,990DOM:15 / 1New:5Total:17
6 Beds
Avg:$5,500Median:$5,500Range:$5,500 – $5,500PSF:$1 / $1Sq Ft:4,671 / 4,671DOM:1 / 1New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,370 | $1,360 | $1,295 – $1,512 | $3 / $3 | 432 / 432 | 44 / 37 | 0 | 7 |
| 1 Beds | $1,486 | $1,525 | $1,000 – $1,695 | $2 / $2 | 649 / 598 | 51 / 32 | 10 | 37 |
| 2 Beds | $1,894 | $1,830 | $1,550 – $2,300 | $2 / $2 | 941 / 875 | 15 / 1 | 9 | 21 |
| 3 Beds | $2,785 | $2,750 | $2,294 – $3,395 | $2 / $2 | 1,475 / 1,390 | 8 / 1 | 8 | 21 |
| 4 Beds | $3,533 | $3,300 | $1,500 – $6,500 | $2 / $2 | 2,156 / 1,990 | 15 / 1 | 5 | 17 |
| 6 Beds | $5,500 | $5,500 | $5,500 – $5,500 | $1 / $1 | 4,671 / 4,671 | 1 / 1 | 0 | 1 |
6-Month Sales Trend
Feb 2026
Median Price:$624,950Median DOM:35New:41Total:153
Mar 2026
Median Price:$635,000Median DOM:23New:47Total:159
Apr 2026
Median Price:$649,900Median DOM:25New:75Total:184
May 2026
Median Price:$645,000Median DOM:26New:69Total:218
Jun 2026
Median Price:$625,000Median DOM:33New:73Total:242
Jul 2026
Median Price:$625,000Median DOM:34New:33Total:247
6-Month Rental Trend
Feb 2026
Median Rent:$1,695Median DOM:26New:38Total:101
Mar 2026
Median Rent:$2,000Median DOM:19New:35Total:101
Apr 2026
Median Rent:$1,800Median DOM:17New:36Total:98
May 2026
Median Rent:$1,848Median DOM:5New:48Total:113
Jun 2026
Median Rent:$1,848Median DOM:6New:50Total:109
Jul 2026
Median Rent:$1,780Median DOM:5New:32Total:104
Key Market Takeaways
Median sale prices held steady this month while inventory expanded. Days on market lengthened, signaling slower buyer activity. Rental pricing eased, while total rental inventory tightened.
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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