ZIP 98028 Housing Market Report
Northwest Seattle
Report period: May 2026
98028 Monthly Market Update – May 2026
ZIP 98028 · Last updated May 11, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$970,000
+2.1%
Median DOM (Sales)
33
−8.3%
New Listings (Sales)
19
−54.8%
Median Rent
$2,495
+13.4%
Median DOM (Rental)
13
0.0%
Total Rental Listings
42
0.0%
Month-over-Month Movement
Median sale prices moved higher. Days on market improved. Rents moved higher.
What's Moving Fastest
- Fastest selling: Single Family (23 DOM)
- Fastest renting: Condo (1 DOM)
- Strongest bedroom: 6 Beds ($1,939,950 median)
Sales Market Overview
Median Price
$970,000
+2.1%
Median DOM
33
−8.3%
New Listings
19
−54.8%
Inventory
163
+4.5%
- Average Price: $1,062,434
- Median Price: $970,000
- Price Range: $18,950 – $3,698,800
- Price per Sq Ft (Avg/Median): $480 / $492
- Square Footage (Avg/Median): 2,200 / 1,872
- Square Footage Range: 603 – 6,927
- Days on Market (Avg/Median): 58 / 33
- Days on Market Range: 2 – 363
- New Listings: 19
- Total Listings: 163
Sales by Property Type
Condo
Avg/Median Price$645,128 / $575,000Range$310,000 – $3,698,800Price per Sq Ft$480 / $475Sq Ft1,324 / 1,263DOM64 / 42New3Total40
Land
Avg/Median Price$1,084,986 / $450,000Range$159,900 – $2,999,999Price per Sq Ft—Sq Ft—DOM132 / 52New0Total7
Manufactured
Avg/Median Price$130,533 / $139,000Range$18,950 – $280,000Price per Sq Ft$121 / $98Sq Ft1,064 / 1,000DOM111 / 53New1Total9
Multi-Family
Avg/Median Price$849,950 / $849,950Range$849,950 – $849,950Price per Sq Ft$494 / $494Sq Ft1,720 / 1,720DOM42 / 42New0Total1
Single Family
Avg/Median Price$1,366,737 / $1,200,000Range$625,000 – $3,648,000Price per Sq Ft$517 / $511Sq Ft2,753 / 2,629DOM46 / 23New14Total95
Townhouse
Avg/Median Price$719,264 / $690,000Range$425,000 – $1,100,000Price per Sq Ft$455 / $453Sq Ft1,584 / 1,790DOM56 / 47New1Total11
Sales by Bedroom Count
1 Beds
Avg:$379,497Median:$329,000Range:$310,000 – $450,000PSF:$485 / $471Sq Ft:803 / 604DOM:33 / 17New:1Total:6
2 Beds
Avg:$514,563Median:$550,000Range:$18,950 – $896,000PSF:$421 / $452Sq Ft:1,197 / 1,248DOM:71 / 39New:4Total:48
3 Beds
Avg:$1,128,763Median:$981,000Range:$575,000 – $3,698,800PSF:$536 / $545Sq Ft:2,224 / 1,842DOM:61 / 40New:4Total:32
4 Beds
Avg:$1,270,346Median:$1,170,000Range:$575,000 – $3,648,000PSF:$501 / $490Sq Ft:2,553 / 2,440DOM:28 / 17New:6Total:40
5 Beds
Avg:$1,692,097Median:$1,649,950Range:$1,138,000 – $2,500,000PSF:$480 / $485Sq Ft:3,561 / 3,475DOM:59 / 32New:4Total:27
6 Beds
Avg:$1,994,980Median:$1,939,950Range:$1,795,990 – $2,249,000PSF:$517 / $509Sq Ft:3,862 / 3,976DOM:139 / 135New:0Total:3
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $379,497 | $329,000 | $310,000 – $450,000 | $485 / $471 | 803 / 604 | 33 / 17 | 1 | 6 |
| 2 Beds | $514,563 | $550,000 | $18,950 – $896,000 | $421 / $452 | 1,197 / 1,248 | 71 / 39 | 4 | 48 |
| 3 Beds | $1,128,763 | $981,000 | $575,000 – $3,698,800 | $536 / $545 | 2,224 / 1,842 | 61 / 40 | 4 | 32 |
| 4 Beds | $1,270,346 | $1,170,000 | $575,000 – $3,648,000 | $501 / $490 | 2,553 / 2,440 | 28 / 17 | 6 | 40 |
| 5 Beds | $1,692,097 | $1,649,950 | $1,138,000 – $2,500,000 | $480 / $485 | 3,561 / 3,475 | 59 / 32 | 4 | 27 |
| 6 Beds | $1,994,980 | $1,939,950 | $1,795,990 – $2,249,000 | $517 / $509 | 3,862 / 3,976 | 139 / 135 | 0 | 3 |
Rental Market Overview
Median Rent
$2,495
+13.4%
Median DOM
13
0.0%
New Listings
6
Inventory
42
0.0%
- Average Rent: $3,005
- Median Rent: $2,495
- Rent Range: $820 – $8,950
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,356 / 1,134
- Square Footage Range: 600 – 3,240
- Days on Market (Avg/Median): 51 / 13
- Days on Market Range: 1 – 243
- New Listings: 6
- Total Listings: 42
Rentals by Property Type
Apartment
$1,857
Median DOM: 115
Inventory: 18
MoM: +13.4%
Condo
$1,975
Median DOM: 1
Inventory: 2
MoM: +13.4%
Single Family
$3,800
Median DOM: 9
Inventory: 17
MoM: +13.4%
Townhouse
$3,725
Median DOM: 1
Inventory: 5
MoM: +13.4%
Apartment
Avg/Median Rent$2,300 / $1,857Range$1,575 – $8,010Rent per Sq Ft$3 / $3Sq Ft766 / 696DOM105 / 115New0Total18
Condo
Avg/Median Rent$1,985 / $1,975Range$1,975 – $1,995Rent per Sq Ft$2 / $2Sq Ft825 / 800DOM30 / 1New1Total2
Single Family
Avg/Median Rent$3,687 / $3,800Range$820 – $8,950Rent per Sq Ft$2 / $2Sq Ft1,981 / 2,090DOM38 / 9New4Total17
Townhouse
Avg/Median Rent$3,632 / $3,725Range$3,264 – $3,800Rent per Sq Ft$2 / $2Sq Ft1,699 / 1,788DOM9 / 1New1Total5
Rentals by Bedroom Count
1 Beds
Avg:$1,697Median:$1,745Range:$820 – $2,129PSF:$3 / $3Sq Ft:653 / 620DOM:61 / 33New:0Total:13
2 Beds
Avg:$2,362Median:$2,358Range:$1,895 – $3,264PSF:$2 / $2Sq Ft:997 / 1,000DOM:67 / 58New:1Total:11
3 Beds
Avg:$3,140Median:$3,395Range:$1,150 – $3,900PSF:$2 / $2Sq Ft:1,697 / 1,630DOM:49 / 1New:3Total:6
4 Beds
Avg:$4,472Median:$3,950Range:$3,400 – $8,010PSF:$2 / $2Sq Ft:2,237 / 2,090DOM:29 / 1New:2Total:8
5 Beds
Avg:$4,867Median:$4,350Range:$3,800 – $6,450PSF:$2 / $2Sq Ft:2,745 / 3,040DOM:9 / 13New:0Total:3
6 Beds
Avg:$8,950Median:$8,950Range:$8,950 – $8,950PSF:—Sq Ft:—DOM:187 / 187New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $1,697 | $1,745 | $820 – $2,129 | $3 / $3 | 653 / 620 | 61 / 33 | 0 | 13 |
| 2 Beds | $2,362 | $2,358 | $1,895 – $3,264 | $2 / $2 | 997 / 1,000 | 67 / 58 | 1 | 11 |
| 3 Beds | $3,140 | $3,395 | $1,150 – $3,900 | $2 / $2 | 1,697 / 1,630 | 49 / 1 | 3 | 6 |
| 4 Beds | $4,472 | $3,950 | $3,400 – $8,010 | $2 / $2 | 2,237 / 2,090 | 29 / 1 | 2 | 8 |
| 5 Beds | $4,867 | $4,350 | $3,800 – $6,450 | $2 / $2 | 2,745 / 3,040 | 9 / 13 | 0 | 3 |
| 6 Beds | $8,950 | $8,950 | $8,950 – $8,950 | — | — | 187 / 187 | 0 | 1 |
6-Month Sales Trend
Dec 2025
Median Price:$829,999Median DOM:71New:17Total:121
Jan 2026
Median Price:$819,950Median DOM:48New:32Total:113
Feb 2026
Median Price:$805,630Median DOM:36New:33Total:124
Mar 2026
Median Price:$924,999Median DOM:25New:51Total:150
Apr 2026
Median Price:$950,000Median DOM:36New:42Total:156
May 2026
Median Price:$970,000Median DOM:33New:19Total:163
6-Month Rental Trend
Dec 2025
Median Rent:$2,636Median DOM:1New:20Total:52
Jan 2026
Median Rent:$2,900Median DOM:1New:20Total:43
Feb 2026
Median Rent:$2,700Median DOM:4New:6Total:42
Mar 2026
Median Rent:$2,269Median DOM:14New:14Total:37
Apr 2026
Median Rent:$2,200Median DOM:13New:13Total:42
May 2026
Median Rent:$2,495Median DOM:13New:6Total:42
Key Market Takeaways
Median sale prices moved higher this month while inventory expanded. Days on market declined, signaling improving buyer activity. Rental pricing increased, 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.
980019800298003980049800598006980079800898010980119801298014980199802098021980229802398024980259802698027980289802998030980319803298033980349803698037+65 more
← Back to Northwest Seattle