ZIP 98029 Housing Market Report

Northwest Seattle

Report period: July 2026

98029 Monthly Market Update – July 2026

ZIP 98029 · Last updated Jul 10, 2026 · Data range Feb 2026 – Jul 2026

Executive Snapshot

Median Sale Price
$998,500
−11.2%
Median DOM (Sales)
36
+2.9%
New Listings (Sales)
11
−81.7%
Median Rent
$3,450
+1.5%
Median DOM (Rental)
16
+77.8%
Total Rental Listings
77
−3.8%

Month-over-Month Movement

Median sale prices eased compared to last month. Days on market lengthened. Rents moved higher. Rental inventory tightened.

What's Moving Fastest

  • Fastest selling: Single Family (29 DOM)
  • Fastest renting: Single Family (1 DOM)
  • Strongest bedroom: 5 Beds ($2,199,995 median)

Sales Market Overview

Median Price
$998,500
−11.2%
Median DOM
36
+2.9%
New Listings
11
−81.7%
Inventory
213
+0.9%
  • Average Price: $1,199,714
  • Median Price: $998,500
  • Price Range: $265,000 – $5,700,000
  • Price per Sq Ft (Avg/Median): $549 / $538
  • Square Footage (Avg/Median): 2,076 / 1,732
  • Square Footage Range: 629 – 9,440
  • Days on Market (Avg/Median): 54 / 36
  • Days on Market Range: 1 – 283
  • New Listings: 11
  • Total Listings: 213

Sales by Property Type

Condo
Avg/Median Price$529,913 / $459,000Range$265,000 – $3,798,000Price per Sq Ft$457 / $412Sq Ft1,126 / 1,037DOM75 / 53New4Total66
Land
Avg/Median Price$1,478,000 / $1,478,000Range$1,478,000 – $1,478,000Price per Sq FtSq FtDOM274 / 274New0Total1
Single Family
Avg/Median Price$1,830,696 / $1,600,000Range$599,500 – $5,700,000Price per Sq Ft$625 / $617Sq Ft2,953 / 2,790DOM40 / 29New4Total97
Townhouse
Avg/Median Price$847,126 / $789,000Range$585,000 – $1,265,000Price per Sq Ft$525 / $526Sq Ft1,619 / 1,540DOM48 / 38New3Total49

Sales by Bedroom Count

1 Beds
Avg:$427,850Median:$355,000Range:$265,000 – $1,075,000PSF:$519 / $428Sq Ft:831 / 818DOM:70 / 29New:3Total:20
2 Beds
Avg:$568,882Median:$555,000Range:$350,000 – $924,999PSF:$460 / $474Sq Ft:1,235 / 1,183DOM:67 / 50New:2Total:61
3 Beds
Avg:$1,102,024Median:$998,500Range:$538,000 – $3,798,000PSF:$582 / $551Sq Ft:1,862 / 1,799DOM:38 / 25New:2Total:48
4 Beds
Avg:$1,721,151Median:$1,499,000Range:$655,000 – $4,350,000PSF:$593 / $582Sq Ft:2,867 / 2,670DOM:42 / 29New:4Total:60
5 Beds
Avg:$2,442,898Median:$2,199,995Range:$1,550,000 – $5,700,000PSF:$636 / $617Sq Ft:3,856 / 3,490DOM:60 / 44New:0Total:20
6 Beds
Avg:$1,925,997Median:$1,909,995Range:$1,798,000 – $2,069,995PSF:$604 / $577Sq Ft:3,200 / 3,280DOM:33 / 28New:0Total:3

Rental Market Overview

Median Rent
$3,450
+1.5%
Median DOM
16
+77.8%
New Listings
6
Inventory
77
−3.8%
  • Average Rent: $3,453
  • Median Rent: $3,450
  • Rent Range: $799 – $5,800
  • Rent per Sq Ft (Avg/Median): $3 / $3
  • Square Footage (Avg/Median): 1,436 / 1,194
  • Square Footage Range: 362 – 4,071
  • Days on Market (Avg/Median): 44 / 16
  • Days on Market Range: 1 – 248
  • New Listings: 6
  • Total Listings: 77

Rentals by Property Type

Apartment
$2,927
Median DOM: 66
Inventory: 38
MoM: +1.5%
Condo
$2,675
Median DOM: 16
Inventory: 8
MoM: +1.5%
Single Family
$4,000
Median DOM: 1
Inventory: 22
MoM: +1.5%
Townhouse
$3,450
Median DOM: 1
Inventory: 9
MoM: +1.5%
Apartment
Avg/Median Rent$3,079 / $2,927Range$799 – $4,638Rent per Sq Ft$3 / $3Sq Ft986 / 881DOM87 / 66New1Total38
Condo
Avg/Median Rent$2,798 / $2,675Range$2,000 – $3,823Rent per Sq Ft$3 / $3Sq Ft1,015 / 968DOM17 / 16New0Total8
Single Family
Avg/Median Rent$4,263 / $4,000Range$3,399 – $5,800Rent per Sq Ft$2 / $2Sq Ft2,334 / 2,250DOM6 / 1New4Total22
Townhouse
Avg/Median Rent$3,632 / $3,450Range$2,995 – $4,880Rent per Sq Ft$2 / $2Sq Ft1,520 / 1,402DOM10 / 1New1Total9

Rentals by Bedroom Count

Studio
Avg:$1,484Median:$799Range:$799 – $2,169PSF:$3 / $2Sq Ft:496 / 362DOM:171 / 171New:0Total:2
1 Beds
Avg:$2,365Median:$2,315Range:$2,000 – $3,000PSF:$3 / $3Sq Ft:748 / 719DOM:59 / 16New:1Total:14
2 Beds
Avg:$3,229Median:$3,366Range:$2,248 – $3,935PSF:$3 / $3Sq Ft:1,115 / 1,029DOM:58 / 43New:1Total:28
3 Beds
Avg:$3,967Median:$3,850Range:$3,181 – $4,750PSF:$3 / $3Sq Ft:1,582 / 1,506DOM:37 / 10New:0Total:18
4 Beds
Avg:$4,284Median:$4,100Range:$3,900 – $5,200PSF:$2 / $2Sq Ft:2,227 / 2,290DOM:11 / 2New:2Total:11
5 Beds
Avg:$5,210Median:$5,250Range:$4,095 – $5,800PSF:$2 / $1Sq Ft:3,418 / 3,784DOM:4 / 1New:2Total:4

6-Month Sales Trend

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:$997,498Median DOM:30New:67Total:210
Jun 2026
Median Price:$1,125,000Median DOM:35New:60Total:211
Jul 2026
Median Price:$998,500Median DOM:36New:11Total:213

6-Month Rental Trend

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:$3,268Median DOM:10New:27Total:86
Jun 2026
Median Rent:$3,399Median DOM:9New:25Total:80
Jul 2026
Median Rent:$3,450Median DOM:16New:6Total:77

Key Market Takeaways

Median sale prices softened this month while inventory expanded. Days on market lengthened, signaling slower 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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