ZIP 98029 Housing Market Report
Northwest Seattle
Report period: August 2026
98029 Monthly Market Update – August 2026
ZIP 98029 · Last updated Aug 9, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$949,500
−11.7%
Median DOM (Sales)
44
+4.8%
New Listings (Sales)
9
−84.2%
Median Rent
$3,279
−0.4%
Median DOM (Rental)
15
−6.3%
Total Rental Listings
83
+5.1%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market lengthened. Rents softened. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Land (6 DOM)
- Fastest renting: Single Family (1 DOM)
- Strongest bedroom: 5 Beds ($1,974,995 median)
Sales Market Overview
Median Price
$949,500
−11.7%
Median DOM
44
+4.8%
New Listings
9
−84.2%
Inventory
214
−3.6%
- Average Price: $1,174,417
- Median Price: $949,500
- Price Range: $265,000 – $5,700,000
- Price per Sq Ft (Avg/Median): $548 / $534
- Square Footage (Avg/Median): 2,045 / 1,799
- Square Footage Range: 629 – 9,440
- Days on Market (Avg/Median): 59 / 44
- Days on Market Range: 1 – 304
- New Listings: 9
- Total Listings: 214
Sales by Property Type
Condo
Avg/Median Price$543,451 / $447,000Range$265,000 – $3,798,000Price per Sq Ft$453 / $420Sq Ft1,168 / 1,037DOM79 / 59New1Total68
Land
Avg/Median Price$1,289,000 / $1,100,000Range$1,100,000 – $1,478,000Price per Sq Ft—Sq Ft—DOM155 / 6New1Total2
Single Family
Avg/Median Price$1,799,971 / $1,575,000Range$599,500 – $5,700,000Price per Sq Ft$630 / $622Sq Ft2,894 / 2,770DOM48 / 30New5Total94
Townhouse
Avg/Median Price$851,905 / $790,000Range$419,000 – $1,265,000Price per Sq Ft$521 / $515Sq Ft1,641 / 1,625DOM51 / 39New2Total50
Sales by Bedroom Count
1 Beds
Avg:$405,097Median:$349,000Range:$265,000 – $1,075,000PSF:$505 / $428Sq Ft:814 / 815DOM:79 / 51New:0Total:20
2 Beds
Avg:$578,258Median:$539,000Range:$350,000 – $925,000PSF:$458 / $464Sq Ft:1,264 / 1,183DOM:74 / 64New:1Total:61
3 Beds
Avg:$1,104,975Median:$1,150,000Range:$524,500 – $3,798,000PSF:$596 / $606Sq Ft:1,831 / 1,840DOM:39 / 30New:5Total:55
4 Beds
Avg:$1,702,758Median:$1,499,999Range:$830,000 – $4,350,000PSF:$584 / $576Sq Ft:2,876 / 2,670DOM:47 / 31New:1Total:54
5 Beds
Avg:$2,441,887Median:$1,974,995Range:$1,450,000 – $5,700,000PSF:$631 / $617Sq Ft:3,852 / 3,038DOM:77 / 74New:1Total:18
6 Beds
Avg:$2,173,748Median:$1,974,995Range:$1,750,000 – $2,900,000PSF:$600 / $534Sq Ft:3,714 / 3,016DOM:57 / 44New:0Total:4
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $405,097 | $349,000 | $265,000 – $1,075,000 | $505 / $428 | 814 / 815 | 79 / 51 | 0 | 20 |
| 2 Beds | $578,258 | $539,000 | $350,000 – $925,000 | $458 / $464 | 1,264 / 1,183 | 74 / 64 | 1 | 61 |
| 3 Beds | $1,104,975 | $1,150,000 | $524,500 – $3,798,000 | $596 / $606 | 1,831 / 1,840 | 39 / 30 | 5 | 55 |
| 4 Beds | $1,702,758 | $1,499,999 | $830,000 – $4,350,000 | $584 / $576 | 2,876 / 2,670 | 47 / 31 | 1 | 54 |
| 5 Beds | $2,441,887 | $1,974,995 | $1,450,000 – $5,700,000 | $631 / $617 | 3,852 / 3,038 | 77 / 74 | 1 | 18 |
| 6 Beds | $2,173,748 | $1,974,995 | $1,750,000 – $2,900,000 | $600 / $534 | 3,714 / 3,016 | 57 / 44 | 0 | 4 |
Rental Market Overview
Median Rent
$3,279
−0.4%
Median DOM
15
−6.3%
New Listings
17
Inventory
83
+5.1%
- Average Rent: $3,338
- Median Rent: $3,279
- Rent Range: $799 – $5,800
- Rent per Sq Ft (Avg/Median): $3 / $3
- Square Footage (Avg/Median): 1,394 / 1,178
- Square Footage Range: 362 – 4,071
- Days on Market (Avg/Median): 48 / 15
- Days on Market Range: 1 – 278
- New Listings: 17
- Total Listings: 83
Rentals by Property Type
Apartment
$2,790
Median DOM: 75
Inventory: 39
MoM: −0.4%
Condo
$2,850
Median DOM: 5
Inventory: 10
MoM: −0.4%
Single Family
$4,150
Median DOM: 1
Inventory: 21
MoM: −0.4%
Townhouse
$3,695
Median DOM: 1
Inventory: 13
MoM: −0.4%
Apartment
Avg/Median Rent$2,897 / $2,790Range$799 – $4,528Rent per Sq Ft$3 / $3Sq Ft945 / 881DOM97 / 75New1Total39
Condo
Avg/Median Rent$2,792 / $2,850Range$2,000 – $3,400Rent per Sq Ft$3 / $3Sq Ft1,049 / 1,028DOM21 / 5New5Total10
Single Family
Avg/Median Rent$4,155 / $4,150Range$1,995 – $5,800Rent per Sq Ft$2 / $2Sq Ft2,192 / 2,120DOM5 / 1New6Total21
Townhouse
Avg/Median Rent$3,762 / $3,695Range$2,750 – $4,880Rent per Sq Ft$2 / $2Sq Ft1,686 / 1,543DOM6 / 1New5Total13
Rentals by Bedroom Count
Studio
Avg:$1,363Median:$799Range:$799 – $1,927PSF:$3 / $2Sq Ft:496 / 362DOM:201 / 201New:0Total:2
1 Beds
Avg:$2,247Median:$2,193Range:$1,886 – $3,000PSF:$3 / $3Sq Ft:735 / 719DOM:77 / 33New:1Total:18
2 Beds
Avg:$3,142Median:$3,098Range:$2,549 – $3,935PSF:$3 / $3Sq Ft:1,101 / 1,029DOM:55 / 34New:8Total:30
3 Beds
Avg:$3,976Median:$4,000Range:$2,630 – $4,750PSF:$2 / $2Sq Ft:1,673 / 1,540DOM:40 / 1New:3Total:16
4 Beds
Avg:$4,300Median:$4,300Range:$3,585 – $4,880PSF:$2 / $2Sq Ft:2,185 / 2,172DOM:9 / 9New:5Total:15
5 Beds
Avg:$5,748Median:$5,695Range:$5,695 – $5,800PSF:$1 / $1Sq Ft:3,928 / 3,784DOM:5 / 1New:0Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,363 | $799 | $799 – $1,927 | $3 / $2 | 496 / 362 | 201 / 201 | 0 | 2 |
| 1 Beds | $2,247 | $2,193 | $1,886 – $3,000 | $3 / $3 | 735 / 719 | 77 / 33 | 1 | 18 |
| 2 Beds | $3,142 | $3,098 | $2,549 – $3,935 | $3 / $3 | 1,101 / 1,029 | 55 / 34 | 8 | 30 |
| 3 Beds | $3,976 | $4,000 | $2,630 – $4,750 | $2 / $2 | 1,673 / 1,540 | 40 / 1 | 3 | 16 |
| 4 Beds | $4,300 | $4,300 | $3,585 – $4,880 | $2 / $2 | 2,185 / 2,172 | 9 / 9 | 5 | 15 |
| 5 Beds | $5,748 | $5,695 | $5,695 – $5,800 | $1 / $1 | 3,928 / 3,784 | 5 / 1 | 0 | 2 |
6-Month Sales Trend
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:$1,075,000Median DOM:42New:57Total:222
Aug 2026
Median Price:$949,500Median DOM:44New:9Total:214
6-Month Rental Trend
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:$3,291Median DOM:16New:24Total:79
Aug 2026
Median Rent:$3,279Median DOM:15New:17Total:83
Key Market Takeaways
Median sale prices softened this month while inventory compressed. Days on market lengthened, signaling slower buyer activity. Rental pricing eased, 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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