ZIP 98027 Housing Market Report

Northwest Seattle

Report period: July 2026

98027 Monthly Market Update – July 2026

ZIP 98027 · Last updated Jul 9, 2026 · Data range Feb 2026 – Jul 2026

Executive Snapshot

Median Sale Price
$1,100,000
0.0%
Median DOM (Sales)
31
+19.2%
New Listings (Sales)
7
−91.7%
Median Rent
$2,700
+1.9%
Median DOM (Rental)
18
+28.6%
Total Rental Listings
50
+4.2%

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 (21 DOM)
  • Fastest renting: Townhouse (1 DOM)
  • Strongest bedroom: 6 Beds ($2,069,995 median)

Sales Market Overview

Median Price
$1,100,000
0.0%
Median DOM
31
+19.2%
New Listings
7
−91.7%
Inventory
247
−2.4%
  • Average Price: $1,177,586
  • Median Price: $1,100,000
  • Price Range: $34,500 – $5,690,000
  • Price per Sq Ft (Avg/Median): $535 / $513
  • Square Footage (Avg/Median): 2,313 / 2,140
  • Square Footage Range: 500 – 10,148
  • Days on Market (Avg/Median): 49 / 31
  • Days on Market Range: 1 – 355
  • New Listings: 7
  • Total Listings: 247

Sales by Property Type

Condo
Avg/Median Price$467,293 / $420,000Range$275,000 – $1,300,000Price per Sq Ft$436 / $421Sq Ft1,058 / 1,015DOM62 / 56New1Total38
Land
Avg/Median Price$493,272 / $289,950Range$70,000 – $2,200,000Price per Sq FtSq FtDOM113 / 83New0Total18
Manufactured
Avg/Median Price$150,742 / $150,000Range$34,500 – $235,000Price per Sq Ft$145 / $94Sq Ft1,039 / 1,020DOM146 / 141New0Total6
Multi-Family
Avg/Median Price$998,000 / $998,000Range$998,000 – $998,000Price per Sq Ft$648 / $648Sq Ft1,540 / 1,540DOM67 / 67New0Total1
Single Family
Avg/Median Price$1,587,995 / $1,460,000Range$403,000 – $5,690,000Price per Sq Ft$574 / $543Sq Ft2,919 / 2,770DOM32 / 21New6Total140
Townhouse
Avg/Median Price$909,228 / $850,000Range$410,000 – $1,469,990Price per Sq Ft$545 / $532Sq Ft1,660 / 1,566DOM52 / 37New0Total44

Sales by Bedroom Count

1 Beds
Avg:$304,279Median:$350,000Range:$34,500 – $420,000PSF:$410 / $500Sq Ft:713 / 753DOM:86 / 12New:0Total:7
2 Beds
Avg:$612,621Median:$510,000Range:$75,000 – $3,760,000PSF:$523 / $469Sq Ft:1,134 / 1,053DOM:61 / 48New:2Total:50
3 Beds
Avg:$1,054,304Median:$998,000Range:$150,000 – $1,933,600PSF:$522 / $503Sq Ft:2,142 / 1,890DOM:29 / 21New:2Total:75
4 Beds
Avg:$1,726,303Median:$1,588,000Range:$600,000 – $5,690,000PSF:$544 / $537Sq Ft:3,174 / 2,940DOM:37 / 27New:2Total:69
5 Beds
Avg:$1,750,964Median:$1,825,000Range:$949,900 – $2,450,000PSF:$565 / $549Sq Ft:3,192 / 2,840DOM:69 / 39New:1Total:22
6 Beds
Avg:$2,085,830Median:$2,069,995Range:$1,550,000 – $2,690,000PSF:$706 / $687Sq Ft:3,025 / 3,011DOM:30 / 21New:0Total:6

Rental Market Overview

Median Rent
$2,700
+1.9%
Median DOM
18
+28.6%
New Listings
5
Inventory
50
+4.2%
  • Average Rent: $2,936
  • Median Rent: $2,700
  • Rent Range: $1,200 – $4,975
  • Rent per Sq Ft (Avg/Median): $3 / $3
  • Square Footage (Avg/Median): 1,297 / 1,070
  • Square Footage Range: 599 – 3,290
  • Days on Market (Avg/Median): 55 / 18
  • Days on Market Range: 1 – 303
  • New Listings: 5
  • Total Listings: 50

Rentals by Property Type

Apartment
$2,255
Median DOM: 101
Inventory: 27
MoM: +1.9%
Condo
$3,049
Median DOM: 5
Inventory: 3
MoM: +1.9%
Single Family
$4,250
Median DOM: 4
Inventory: 17
MoM: +1.9%
Townhouse
$3,195
Median DOM: 1
Inventory: 3
MoM: +1.9%
Apartment
Avg/Median Rent$2,283 / $2,255Range$1,410 – $3,295Rent per Sq Ft$3 / $3Sq Ft885 / 900DOM119 / 101New1Total27
Condo
Avg/Median Rent$3,350 / $3,049Range$2,800 – $4,200Rent per Sq Ft$3 / $3Sq Ft1,216 / 1,400DOM8 / 5New1Total3
Single Family
Avg/Median Rent$3,845 / $4,250Range$1,200 – $4,975Rent per Sq Ft$2 / $2Sq Ft2,011 / 1,920DOM13 / 4New3Total17
Townhouse
Avg/Median Rent$3,248 / $3,195Range$3,050 – $3,500Rent per Sq Ft$3 / $3Sq Ft1,277 / 1,248DOM2 / 1New0Total3

Rentals by Bedroom Count

Studio
Avg:$2,295Median:$2,295Range:$2,295 – $2,295PSF:$3 / $3Sq Ft:912 / 912DOM:303 / 303New:0Total:1
1 Beds
Avg:$2,080Median:$2,175Range:$1,200 – $2,800PSF:$3 / $3Sq Ft:689 / 701DOM:77 / 66New:1Total:14
2 Beds
Avg:$2,601Median:$2,599Range:$1,665 – $3,295PSF:$2 / $2Sq Ft:1,058 / 1,000DOM:84 / 55New:0Total:16
3 Beds
Avg:$3,680Median:$3,950Range:$2,200 – $4,800PSF:$2 / $2Sq Ft:1,756 / 1,548DOM:18 / 3New:4Total:15
4 Beds
Avg:$4,690Median:$4,550Range:$4,545 – $4,975PSF:$2 / $2Sq Ft:2,663 / 2,450DOM:8 / 1New:0Total:3
5 Beds
Avg:$4,499Median:$4,499Range:$4,499 – $4,499PSF:$2 / $2Sq Ft:2,400 / 2,400DOM:1 / 1New:0Total:1

6-Month Sales Trend

Feb 2026
Median Price:$1,050,000Median DOM:29New:42Total:132
Mar 2026
Median Price:$1,004,990Median DOM:23New:59Total:154
Apr 2026
Median Price:$1,034,990Median DOM:22New:66Total:179
May 2026
Median Price:$1,150,000Median DOM:23New:95Total:227
Jun 2026
Median Price:$1,100,000Median DOM:26New:84Total:253
Jul 2026
Median Price:$1,100,000Median DOM:31New:7Total:247

6-Month Rental Trend

Feb 2026
Median Rent:$2,307Median DOM:20New:23Total:65
Mar 2026
Median Rent:$2,370Median DOM:20New:17Total:69
Apr 2026
Median Rent:$2,395Median DOM:19New:11Total:60
May 2026
Median Rent:$2,541Median DOM:21New:13Total:49
Jun 2026
Median Rent:$2,650Median DOM:14New:12Total:48
Jul 2026
Median Rent:$2,700Median DOM:18New:5Total:50

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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