ZIP 98029 Housing Market Report
Northwest Seattle
Report period: May 2026
98029 Monthly Market Update – May 2026
ZIP 98029 · Last updated May 11, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$908,800
−8.7%
Median DOM (Sales)
25
−3.8%
New Listings (Sales)
17
−73.8%
Median Rent
$3,125
+5.9%
Median DOM (Rental)
15
−16.7%
Total Rental Listings
87
−3.3%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market improved. Rents moved higher. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Single Family (19 DOM)
- Fastest renting: Single Family (1 DOM)
- Strongest bedroom: 5 Beds ($1,998,000 median)
Sales Market Overview
Median Price
$908,800
−8.7%
Median DOM
25
−3.8%
New Listings
17
−73.8%
Inventory
200
+7.0%
- Average Price: $1,173,623
- Median Price: $908,800
- Price Range: $310,000 – $4,300,000
- Price per Sq Ft (Avg/Median): $557 / $550
- Square Footage (Avg/Median): 2,003 / 1,799
- Square Footage Range: 629 – 6,386
- Days on Market (Avg/Median): 47 / 25
- Days on Market Range: 1 – 354
- New Listings: 17
- Total Listings: 200
Sales by Property Type
Condo
Avg/Median Price$607,541 / $495,000Range$310,000 – $3,998,000Price per Sq Ft$486 / $429Sq Ft1,194 / 1,112DOM63 / 39New5Total69
Land
Avg/Median Price$1,478,000 / $1,478,000Range$1,478,000 – $1,478,000Price per Sq Ft—Sq Ft—DOM214 / 214New0Total1
Single Family
Avg/Median Price$1,770,333 / $1,585,000Range$625,000 – $4,300,000Price per Sq Ft$626 / $620Sq Ft2,822 / 2,670DOM31 / 19New7Total86
Townhouse
Avg/Median Price$888,130 / $850,000Range$625,000 – $1,399,999Price per Sq Ft$532 / $531Sq Ft1,671 / 1,543DOM51 / 35New5Total44
Sales by Bedroom Count
1 Beds
Avg:$422,327Median:$364,000Range:$310,000 – $775,000PSF:$507 / $429Sq Ft:838 / 818DOM:93 / 76New:0Total:15
2 Beds
Avg:$620,529Median:$560,000Range:$350,000 – $2,950,000PSF:$477 / $450Sq Ft:1,275 / 1,183DOM:55 / 33New:7Total:58
3 Beds
Avg:$1,102,925Median:$998,500Range:$479,950 – $3,998,000PSF:$585 / $565Sq Ft:1,846 / 1,832DOM:30 / 13New:4Total:53
4 Beds
Avg:$1,595,732Median:$1,525,000Range:$655,000 – $2,725,000PSF:$598 / $593Sq Ft:2,655 / 2,500DOM:43 / 25New:5Total:55
5 Beds
Avg:$2,520,635Median:$1,998,000Range:$1,425,000 – $4,300,000PSF:$650 / $603Sq Ft:3,827 / 3,490DOM:40 / 24New:0Total:17
6 Beds
Avg:$1,850,000Median:$1,850,000Range:$1,850,000 – $1,850,000PSF:$564 / $564Sq Ft:3,280 / 3,280DOM:6 / 6New:1Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $422,327 | $364,000 | $310,000 – $775,000 | $507 / $429 | 838 / 818 | 93 / 76 | 0 | 15 |
| 2 Beds | $620,529 | $560,000 | $350,000 – $2,950,000 | $477 / $450 | 1,275 / 1,183 | 55 / 33 | 7 | 58 |
| 3 Beds | $1,102,925 | $998,500 | $479,950 – $3,998,000 | $585 / $565 | 1,846 / 1,832 | 30 / 13 | 4 | 53 |
| 4 Beds | $1,595,732 | $1,525,000 | $655,000 – $2,725,000 | $598 / $593 | 2,655 / 2,500 | 43 / 25 | 5 | 55 |
| 5 Beds | $2,520,635 | $1,998,000 | $1,425,000 – $4,300,000 | $650 / $603 | 3,827 / 3,490 | 40 / 24 | 0 | 17 |
| 6 Beds | $1,850,000 | $1,850,000 | $1,850,000 – $1,850,000 | $564 / $564 | 3,280 / 3,280 | 6 / 6 | 1 | 1 |
Rental Market Overview
Median Rent
$3,125
+5.9%
Median DOM
15
−16.7%
New Listings
15
Inventory
87
−3.3%
- Average Rent: $3,347
- Median Rent: $3,125
- Rent Range: $1,359 – $6,300
- Rent per Sq Ft (Avg/Median): $3 / $3
- Square Footage (Avg/Median): 1,420 / 1,150
- Square Footage Range: 629 – 3,420
- Days on Market (Avg/Median): 37 / 15
- Days on Market Range: 1 – 188
- New Listings: 15
- Total Listings: 87
Rentals by Property Type
Apartment
$2,601
Median DOM: 46
Inventory: 44
MoM: +5.9%
Condo
$2,650
Median DOM: 3
Inventory: 8
MoM: +5.9%
Single Family
$4,100
Median DOM: 1
Inventory: 23
MoM: +5.9%
Townhouse
$3,500
Median DOM: 12
Inventory: 12
MoM: +5.9%
Apartment
Avg/Median Rent$2,854 / $2,601Range$1,359 – $4,902Rent per Sq Ft$3 / $3Sq Ft976 / 881DOM62 / 46New2Total44
Condo
Avg/Median Rent$2,928 / $2,650Range$1,995 – $4,500Rent per Sq Ft$3 / $3Sq Ft1,121 / 1,020DOM29 / 3New4Total8
Single Family
Avg/Median Rent$4,309 / $4,100Range$2,950 – $6,300Rent per Sq Ft$2 / $2Sq Ft2,337 / 2,200DOM12 / 1New7Total23
Townhouse
Avg/Median Rent$3,591 / $3,500Range$2,750 – $4,890Rent per Sq Ft$2 / $2Sq Ft1,568 / 1,430DOM14 / 12New2Total12
Rentals by Bedroom Count
Studio
Avg:$2,169Median:$2,169Range:$2,169 – $2,169PSF:$3 / $3Sq Ft:629 / 629DOM:—New:0Total:1
1 Beds
Avg:$2,328Median:$2,326Range:$1,995 – $2,666PSF:$3 / $3Sq Ft:738 / 719DOM:57 / 32New:2Total:12
2 Beds
Avg:$2,911Median:$2,800Range:$2,236 – $4,500PSF:$3 / $3Sq Ft:1,059 / 1,029DOM:39 / 18New:4Total:35
3 Beds
Avg:$3,764Median:$3,800Range:$2,650 – $4,902PSF:$3 / $2Sq Ft:1,528 / 1,506DOM:42 / 15New:5Total:23
4 Beds
Avg:$4,701Median:$4,250Range:$3,950 – $6,300PSF:$2 / $2Sq Ft:2,668 / 2,480DOM:9 / 1New:4Total:14
5 Beds
Avg:$3,430Median:$1,359Range:$1,359 – $5,500PSF:$1 / $1Sq Ft:2,302 / 1,654DOM:111 / 111New:0Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $2,169 | $2,169 | $2,169 – $2,169 | $3 / $3 | 629 / 629 | — | 0 | 1 |
| 1 Beds | $2,328 | $2,326 | $1,995 – $2,666 | $3 / $3 | 738 / 719 | 57 / 32 | 2 | 12 |
| 2 Beds | $2,911 | $2,800 | $2,236 – $4,500 | $3 / $3 | 1,059 / 1,029 | 39 / 18 | 4 | 35 |
| 3 Beds | $3,764 | $3,800 | $2,650 – $4,902 | $3 / $2 | 1,528 / 1,506 | 42 / 15 | 5 | 23 |
| 4 Beds | $4,701 | $4,250 | $3,950 – $6,300 | $2 / $2 | 2,668 / 2,480 | 9 / 1 | 4 | 14 |
| 5 Beds | $3,430 | $1,359 | $1,359 – $5,500 | $1 / $1 | 2,302 / 1,654 | 111 / 111 | 0 | 2 |
6-Month Sales Trend
Dec 2025
Median Price:$768,888Median DOM:59New:12Total:97
Jan 2026
Median Price:$745,000Median DOM:45New:38Total:95
Feb 2026
Median Price:$799,950Median DOM:18New:54Total:128
Mar 2026
Median Price:$875,000Median DOM:21New:55Total:159
Apr 2026
Median Price:$995,000Median DOM:26New:65Total:187
May 2026
Median Price:$908,800Median DOM:25New:17Total:200
6-Month Rental Trend
Dec 2025
Median Rent:$2,700Median DOM:41New:29Total:96
Jan 2026
Median Rent:$2,657Median DOM:41New:31Total:103
Feb 2026
Median Rent:$2,637Median DOM:35New:24Total:98
Mar 2026
Median Rent:$2,775Median DOM:22New:26Total:91
Apr 2026
Median Rent:$2,950Median DOM:18New:31Total:90
May 2026
Median Rent:$3,125Median DOM:15New:15Total:87
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 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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