ZIP 98032 Housing Market Report
Northwest Seattle
Report period: August 2026
98032 Monthly Market Update – August 2026
ZIP 98032 · Last updated Aug 10, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$475,000
−0.6%
Median DOM (Sales)
52
+6.1%
New Listings (Sales)
9
−71.9%
Median Rent
$1,700
+0.3%
Median DOM (Rental)
16
−5.9%
Total Rental Listings
63
−4.5%
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 (31 DOM)
- Fastest renting: Single Family (1 DOM)
- Strongest bedroom: 8 Beds ($900,000 median)
Sales Market Overview
Median Price
$475,000
−0.6%
Median DOM
52
+6.1%
New Listings
9
−71.9%
Inventory
132
+0.8%
- Average Price: $509,928
- Median Price: $475,000
- Price Range: $37,000 – $1,050,000
- Price per Sq Ft (Avg/Median): $345 / $340
- Square Footage (Avg/Median): 1,516 / 1,247
- Square Footage Range: 465 – 3,680
- Days on Market (Avg/Median): 74 / 52
- Days on Market Range: 1 – 312
- New Listings: 9
- Total Listings: 132
Sales by Property Type
Condo
Avg/Median Price$372,157 / $349,000Range$200,000 – $725,000Price per Sq Ft$355 / $352Sq Ft1,067 / 1,024DOM61 / 55New2Total37
Land
Avg/Median Price$526,667 / $600,000Range$380,000 – $600,000Price per Sq Ft—Sq Ft—DOM162 / 154New0Total3
Manufactured
Avg/Median Price$111,380 / $79,999Range$37,000 – $229,950Price per Sq Ft$109 / $119Sq Ft952 / 784DOM80 / 63New0Total5
Multi-Family
Avg/Median Price$844,750 / $899,000Range$680,000 – $900,000Price per Sq Ft$309 / $263Sq Ft2,668 / 1,920DOM179 / 208New0Total4
Single Family
Avg/Median Price$670,600 / $649,777Range$389,000 – $1,050,000Price per Sq Ft$375 / $348Sq Ft1,952 / 1,990DOM64 / 31New5Total54
Townhouse
Avg/Median Price$407,323 / $399,900Range$286,990 – $610,000Price per Sq Ft$319 / $326Sq Ft1,295 / 1,161DOM84 / 52New2Total29
Sales by Bedroom Count
1 Beds
Avg:$277,325Median:$289,950Range:$200,000 – $325,000PSF:$403 / $406Sq Ft:692 / 690DOM:25 / 5New:2Total:6
2 Beds
Avg:$382,743Median:$375,000Range:$37,000 – $969,000PSF:$349 / $343Sq Ft:1,093 / 1,074DOM:75 / 59New:1Total:55
3 Beds
Avg:$531,916Median:$530,000Range:$139,950 – $813,500PSF:$367 / $360Sq Ft:1,504 / 1,385DOM:65 / 39New:3Total:30
4 Beds
Avg:$664,516Median:$675,000Range:$229,950 – $899,999PSF:$322 / $331Sq Ft:2,105 / 2,050DOM:74 / 24New:3Total:27
5 Beds
Avg:$802,161Median:$725,000Range:$600,000 – $1,050,000PSF:$282 / $288Sq Ft:2,860 / 2,783DOM:44 / 41New:0Total:8
7 Beds
Avg:$899,000Median:$899,000Range:$899,000 – $899,000PSF:$263 / $263Sq Ft:3,416 / 3,416DOM:264 / 264New:0Total:1
8 Beds
Avg:$900,000Median:$900,000Range:$900,000 – $900,000PSF:—Sq Ft:—DOM:208 / 208New:0Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $277,325 | $289,950 | $200,000 – $325,000 | $403 / $406 | 692 / 690 | 25 / 5 | 2 | 6 |
| 2 Beds | $382,743 | $375,000 | $37,000 – $969,000 | $349 / $343 | 1,093 / 1,074 | 75 / 59 | 1 | 55 |
| 3 Beds | $531,916 | $530,000 | $139,950 – $813,500 | $367 / $360 | 1,504 / 1,385 | 65 / 39 | 3 | 30 |
| 4 Beds | $664,516 | $675,000 | $229,950 – $899,999 | $322 / $331 | 2,105 / 2,050 | 74 / 24 | 3 | 27 |
| 5 Beds | $802,161 | $725,000 | $600,000 – $1,050,000 | $282 / $288 | 2,860 / 2,783 | 44 / 41 | 0 | 8 |
| 7 Beds | $899,000 | $899,000 | $899,000 – $899,000 | $263 / $263 | 3,416 / 3,416 | 264 / 264 | 0 | 1 |
| 8 Beds | $900,000 | $900,000 | $900,000 – $900,000 | — | — | 208 / 208 | 0 | 2 |
Rental Market Overview
Median Rent
$1,700
+0.3%
Median DOM
16
−5.9%
New Listings
8
Inventory
63
−4.5%
- Average Rent: $1,982
- Median Rent: $1,700
- Rent Range: $700 – $3,900
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 984 / 760
- Square Footage Range: 402 – 2,490
- Days on Market (Avg/Median): 77 / 16
- Days on Market Range: 1 – 342
- New Listings: 8
- Total Listings: 63
Rentals by Property Type
Apartment
$1,550
Median DOM: 159
Inventory: 37
MoM: +0.3%
Condo
$1,745
Median DOM: 2
Inventory: 5
MoM: +0.3%
Single Family
$2,700
Median DOM: 1
Inventory: 18
MoM: +0.3%
Townhouse
$895
Median DOM: 32
Inventory: 2
MoM: +0.3%
Apartment
Avg/Median Rent$1,636 / $1,550Range$1,000 – $3,395Rent per Sq Ft$2 / $2Sq Ft711 / 681DOM186 / 159New0Total37
Condo
Avg/Median Rent$2,139 / $1,745Range$1,550 – $2,900Rent per Sq Ft$2 / $2Sq Ft816 / 728DOM48 / 2New0Total5
Multi-Family
Avg/Median Rent$2,795 / $2,795Range$2,795 – $2,795Rent per Sq Ft$2 / $2Sq Ft1,350 / 1,350DOM67 / 67New0Total1
Single Family
Avg/Median Rent$2,597 / $2,700Range$700 – $3,900Rent per Sq Ft$2 / $2Sq Ft1,542 / 1,630DOM14 / 1New8Total18
Townhouse
Avg/Median Rent$2,048 / $895Range$895 – $3,200Rent per Sq Ft$2 / $2Sq Ft1,900 / 1,900DOM32 / 32New0Total2
Rentals by Bedroom Count
Studio
Avg:$1,412Median:$1,490Range:$895 – $1,653PSF:$3 / $3Sq Ft:482 / 453DOM:32 / 32New:0Total:6
1 Beds
Avg:$1,485Median:$1,499Range:$700 – $1,875PSF:$2 / $2Sq Ft:641 / 624DOM:152 / 161New:1Total:27
2 Beds
Avg:$1,958Median:$1,799Range:$1,530 – $2,800PSF:$2 / $2Sq Ft:914 / 875DOM:93 / 57New:0Total:11
3 Beds
Avg:$2,745Median:$2,900Range:$1,500 – $3,395PSF:$2 / $2Sq Ft:1,646 / 1,630DOM:21 / 3New:3Total:15
4 Beds
Avg:$3,400Median:$3,150Range:$3,000 – $3,900PSF:$2 / $2Sq Ft:1,714 / 1,160DOM:1 / 1New:4Total:4
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,412 | $1,490 | $895 – $1,653 | $3 / $3 | 482 / 453 | 32 / 32 | 0 | 6 |
| 1 Beds | $1,485 | $1,499 | $700 – $1,875 | $2 / $2 | 641 / 624 | 152 / 161 | 1 | 27 |
| 2 Beds | $1,958 | $1,799 | $1,530 – $2,800 | $2 / $2 | 914 / 875 | 93 / 57 | 0 | 11 |
| 3 Beds | $2,745 | $2,900 | $1,500 – $3,395 | $2 / $2 | 1,646 / 1,630 | 21 / 3 | 3 | 15 |
| 4 Beds | $3,400 | $3,150 | $3,000 – $3,900 | $2 / $2 | 1,714 / 1,160 | 1 / 1 | 4 | 4 |
6-Month Sales Trend
Mar 2026
Median Price:$520,000Median DOM:31New:33Total:105
Apr 2026
Median Price:$520,000Median DOM:49New:27Total:108
May 2026
Median Price:$499,900Median DOM:46New:31Total:117
Jun 2026
Median Price:$484,000Median DOM:47New:29Total:129
Jul 2026
Median Price:$478,000Median DOM:49New:32Total:131
Aug 2026
Median Price:$475,000Median DOM:52New:9Total:132
6-Month Rental Trend
Mar 2026
Median Rent:$1,700Median DOM:30New:11Total:69
Apr 2026
Median Rent:$1,695Median DOM:28New:15Total:67
May 2026
Median Rent:$1,690Median DOM:19New:17Total:67
Jun 2026
Median Rent:$1,695Median DOM:16New:15Total:68
Jul 2026
Median Rent:$1,695Median DOM:17New:14Total:66
Aug 2026
Median Rent:$1,700Median DOM:16New:8Total:63
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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