ZIP 98027 Housing Market Report
Northwest Seattle
Report period: August 2026
98027 Monthly Market Update – August 2026
ZIP 98027 · Last updated Aug 9, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$1,100,000
−4.3%
Median DOM (Sales)
33
−10.8%
New Listings (Sales)
18
−70.0%
Median Rent
$2,700
+4.0%
Median DOM (Rental)
21
+16.7%
Total Rental Listings
52
+4.0%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market improved. Rents moved higher. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Single Family (27 DOM)
- Fastest renting: Townhouse (1 DOM)
- Strongest bedroom: 6 Beds ($2,069,995 median)
Sales Market Overview
Median Price
$1,100,000
−4.3%
Median DOM
33
−10.8%
New Listings
18
−70.0%
Inventory
247
+0.8%
- Average Price: $1,168,925
- Median Price: $1,100,000
- Price Range: $34,500 – $5,690,000
- Price per Sq Ft (Avg/Median): $537 / $505
- Square Footage (Avg/Median): 2,311 / 2,138
- Square Footage Range: 500 – 10,148
- Days on Market (Avg/Median): 54 / 33
- Days on Market Range: 2 – 353
- New Listings: 18
- Total Listings: 247
Sales by Property Type
Condo
Avg/Median Price$466,433 / $420,000Range$250,000 – $1,300,000Price per Sq Ft$427 / $416Sq Ft1,081 / 1,030DOM69 / 61New1Total38
Land
Avg/Median Price$459,430 / $274,950Range$70,000 – $2,200,000Price per Sq Ft—Sq Ft—DOM110 / 76New2Total23
Manufactured
Avg/Median Price$231,619 / $175,000Range$34,500 – $795,000Price per Sq Ft$206 / $179Sq Ft1,067 / 1,056DOM98 / 51New0Total8
Single Family
Avg/Median Price$1,611,227 / $1,499,950Range$403,000 – $5,690,000Price per Sq Ft$587 / $553Sq Ft2,907 / 2,840DOM38 / 27New12Total139
Townhouse
Avg/Median Price$887,682 / $850,000Range$449,000 – $1,429,990Price per Sq Ft$536 / $538Sq Ft1,640 / 1,566DOM56 / 44New3Total39
Sales by Bedroom Count
1 Beds
Avg:$246,250Median:$250,000Range:$34,500 – $350,500PSF:$373 / $386Sq Ft:625 / 648DOM:41 / 10New:0Total:4
2 Beds
Avg:$578,589Median:$469,000Range:$60,000 – $3,250,000PSF:$518 / $461Sq Ft:1,094 / 1,049DOM:66 / 44New:4Total:52
3 Beds
Avg:$1,045,711Median:$995,000Range:$150,000 – $1,933,600PSF:$523 / $477Sq Ft:2,141 / 1,885DOM:42 / 31New:1Total:68
4 Beds
Avg:$1,732,007Median:$1,525,000Range:$535,000 – $5,690,000PSF:$548 / $524Sq Ft:3,137 / 2,920DOM:41 / 29New:5Total:68
5 Beds
Avg:$1,758,249Median:$1,824,995Range:$1,149,950 – $2,595,000PSF:$570 / $570Sq Ft:3,130 / 3,250DOM:56 / 30New:4Total:25
6 Beds
Avg:$2,034,996Median:$2,069,995Range:$1,550,000 – $2,495,000PSF:$690 / $687Sq Ft:3,023 / 3,011DOM:22 / 17New:2Total:7
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $246,250 | $250,000 | $34,500 – $350,500 | $373 / $386 | 625 / 648 | 41 / 10 | 0 | 4 |
| 2 Beds | $578,589 | $469,000 | $60,000 – $3,250,000 | $518 / $461 | 1,094 / 1,049 | 66 / 44 | 4 | 52 |
| 3 Beds | $1,045,711 | $995,000 | $150,000 – $1,933,600 | $523 / $477 | 2,141 / 1,885 | 42 / 31 | 1 | 68 |
| 4 Beds | $1,732,007 | $1,525,000 | $535,000 – $5,690,000 | $548 / $524 | 3,137 / 2,920 | 41 / 29 | 5 | 68 |
| 5 Beds | $1,758,249 | $1,824,995 | $1,149,950 – $2,595,000 | $570 / $570 | 3,130 / 3,250 | 56 / 30 | 4 | 25 |
| 6 Beds | $2,034,996 | $2,069,995 | $1,550,000 – $2,495,000 | $690 / $687 | 3,023 / 3,011 | 22 / 17 | 2 | 7 |
Rental Market Overview
Median Rent
$2,700
+4.0%
Median DOM
21
+16.7%
New Listings
6
Inventory
52
+4.0%
- Average Rent: $2,930
- Median Rent: $2,700
- Rent Range: $1,665 – $5,400
- Rent per Sq Ft (Avg/Median): $3 / $3
- Square Footage (Avg/Median): 1,282 / 1,070
- Square Footage Range: 410 – 3,810
- Days on Market (Avg/Median): 61 / 21
- Days on Market Range: 1 – 334
- New Listings: 6
- Total Listings: 52
Rentals by Property Type
Apartment
$2,200
Median DOM: 133
Inventory: 24
MoM: +4.0%
Condo
$2,800
Median DOM: 5
Inventory: 10
MoM: +4.0%
Single Family
$3,950
Median DOM: 12
Inventory: 14
MoM: +4.0%
Townhouse
$3,050
Median DOM: 1
Inventory: 4
MoM: +4.0%
Apartment
Avg/Median Rent$2,306 / $2,200Range$1,665 – $3,195Rent per Sq Ft$3 / $3Sq Ft876 / 850DOM163 / 133New0Total24
Condo
Avg/Median Rent$2,933 / $2,800Range$2,550 – $4,000Rent per Sq Ft$3 / $3Sq Ft1,116 / 1,064DOM11 / 5New3Total10
Single Family
Avg/Median Rent$3,917 / $3,950Range$2,200 – $5,400Rent per Sq Ft$2 / $2Sq Ft2,102 / 1,890DOM17 / 12New2Total14
Townhouse
Avg/Median Rent$3,210 / $3,050Range$2,595 – $4,100Rent per Sq Ft$3 / $3Sq Ft1,257 / 1,226DOM9 / 1New1Total4
Rentals by Bedroom Count
Studio
Avg:$2,120Median:$2,091Range:$2,091 – $2,149PSF:$4 / $2Sq Ft:661 / 410DOM:223 / 132New:0Total:2
1 Beds
Avg:$2,223Median:$2,183Range:$1,699 – $2,800PSF:$3 / $3Sq Ft:691 / 701DOM:104 / 39New:0Total:11
2 Beds
Avg:$2,598Median:$2,695Range:$1,665 – $3,095PSF:$2 / $2Sq Ft:1,076 / 1,057DOM:62 / 21New:4Total:21
3 Beds
Avg:$3,540Median:$3,195Range:$2,456 – $4,800PSF:$2 / $2Sq Ft:1,626 / 1,410DOM:31 / 8New:1Total:14
4 Beds
Avg:$4,885Median:$4,545Range:$4,295 – $5,400PSF:$2 / $1Sq Ft:3,092 / 3,020DOM:22 / 3New:1Total:4
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $2,120 | $2,091 | $2,091 – $2,149 | $4 / $2 | 661 / 410 | 223 / 132 | 0 | 2 |
| 1 Beds | $2,223 | $2,183 | $1,699 – $2,800 | $3 / $3 | 691 / 701 | 104 / 39 | 0 | 11 |
| 2 Beds | $2,598 | $2,695 | $1,665 – $3,095 | $2 / $2 | 1,076 / 1,057 | 62 / 21 | 4 | 21 |
| 3 Beds | $3,540 | $3,195 | $2,456 – $4,800 | $2 / $2 | 1,626 / 1,410 | 31 / 8 | 1 | 14 |
| 4 Beds | $4,885 | $4,545 | $4,295 – $5,400 | $2 / $1 | 3,092 / 3,020 | 22 / 3 | 1 | 4 |
6-Month Sales Trend
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:$1,149,950Median DOM:37New:60Total:245
Aug 2026
Median Price:$1,100,000Median DOM:33New:18Total:247
6-Month Rental Trend
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:$2,595Median DOM:18New:14Total:50
Aug 2026
Median Rent:$2,700Median DOM:21New:6Total:52
Key Market Takeaways
Median sale prices softened this month while inventory expanded. Days on market declined, signaling improving 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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