ZIP 98033 Housing Market Report

Northwest Seattle

Report period: May 2026

98033 Monthly Market Update – May 2026

ZIP 98033 · Last updated May 11, 2026 · Data range Dec 2025 – May 2026

Executive Snapshot

Median Sale Price
$1,625,000
−1.5%
Median DOM (Sales)
32
+10.3%
New Listings (Sales)
39
−73.1%
Median Rent
$2,700
0.0%
Median DOM (Rental)
6
+50.0%
Total Rental Listings
124
−2.4%

Month-over-Month Movement

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

What's Moving Fastest

  • Fastest selling: Land (29 DOM)
  • Fastest renting: Single Family (1 DOM)
  • Strongest bedroom: 5 Beds ($2,940,000 median)

Sales Market Overview

Median Price
$1,625,000
−1.5%
Median DOM
32
+10.3%
New Listings
39
−73.1%
Inventory
441
+6.3%
  • Average Price: $2,004,590
  • Median Price: $1,625,000
  • Price Range: $255,000 – $10,000,000
  • Price per Sq Ft (Avg/Median): $832 / $769
  • Square Footage (Avg/Median): 2,415 / 2,030
  • Square Footage Range: 538 – 7,680
  • Days on Market (Avg/Median): 44 / 32
  • Days on Market Range: 1 – 352
  • New Listings: 39
  • Total Listings: 441

Sales by Property Type

Condo
Avg/Median Price$1,076,698 / $750,000Range$255,000 – $3,998,000Price per Sq Ft$768 / $732Sq Ft1,340 / 1,114DOM51 / 31New12Total109
Land
Avg/Median Price$3,459,000 / $2,750,000Range$1,795,000 – $5,500,000Price per Sq FtSq FtDOM75 / 29New0Total5
Multi-Family
Avg/Median Price$2,750,000 / $2,750,000Range$2,750,000 – $2,750,000Price per Sq Ft$924 / $924Sq Ft2,976 / 2,976DOM72 / 72New0Total1
Single Family
Avg/Median Price$2,486,671 / $2,168,000Range$749,950 – $10,000,000Price per Sq Ft$890 / $796Sq Ft2,931 / 2,960DOM40 / 31New23Total275
Townhouse
Avg/Median Price$1,231,074 / $1,180,000Range$645,000 – $2,799,000Price per Sq Ft$653 / $648Sq Ft1,918 / 1,774DOM45 / 40New4Total51

Sales by Bedroom Count

1 Beds
Avg:$994,818Median:$569,000Range:$255,000 – $10,000,000PSF:$1,143 / $773Sq Ft:792 / 720DOM:67 / 46New:3Total:32
2 Beds
Avg:$1,121,241Median:$945,000Range:$348,000 – $5,200,000PSF:$800 / $733Sq Ft:1,319 / 1,260DOM:48 / 31New:9Total:94
3 Beds
Avg:$1,723,495Median:$1,480,000Range:$640,000 – $7,250,000PSF:$849 / $810Sq Ft:2,012 / 1,817DOM:40 / 32New:9Total:112
4 Beds
Avg:$2,278,746Median:$1,998,000Range:$999,000 – $9,295,000PSF:$775 / $728Sq Ft:2,935 / 2,851DOM:38 / 29New:8Total:96
5 Beds
Avg:$2,991,695Median:$2,940,000Range:$1,400,000 – $6,315,000PSF:$800 / $778Sq Ft:3,781 / 3,550DOM:42 / 30New:5Total:77
6 Beds
Avg:$3,571,603Median:$2,725,000Range:$1,350,000 – $7,250,000PSF:$810 / $728Sq Ft:4,248 / 4,060DOM:36 / 24New:5Total:23
8 Beds
Avg:$2,600,000Median:$1,700,000Range:$1,700,000 – $3,500,000PSF:$709 / $405Sq Ft:3,828 / 3,456DOM:32 / 25New:0Total:2

Rental Market Overview

Median Rent
$2,700
0.0%
Median DOM
6
+50.0%
New Listings
21
Inventory
124
−2.4%
  • Average Rent: $3,356
  • Median Rent: $2,700
  • Rent Range: $900 – $9,850
  • Rent per Sq Ft (Avg/Median): $3 / $3
  • Square Footage (Avg/Median): 1,338 / 960
  • Square Footage Range: 425 – 5,810
  • Days on Market (Avg/Median): 36 / 6
  • Days on Market Range: 1 – 308
  • New Listings: 21
  • Total Listings: 124

Rentals by Property Type

Apartment
$2,195
Median DOM: 44
Inventory: 48
MoM: 0.0%
Condo
$2,500
Median DOM: 6
Inventory: 23
MoM: 0.0%
Single Family
$4,395
Median DOM: 1
Inventory: 47
MoM: 0.0%
Townhouse
$5,450
Median DOM: 1
Inventory: 5
MoM: 0.0%
Apartment
Avg/Median Rent$2,284 / $2,195Range$900 – $3,595Rent per Sq Ft$3 / $3Sq Ft753 / 720DOM95 / 44New3Total48
Condo
Avg/Median Rent$2,711 / $2,500Range$1,795 – $4,750Rent per Sq Ft$3 / $3Sq Ft922 / 900DOM22 / 6New7Total23
Multi-Family
Avg/Median Rent$3,500 / $3,500Range$3,500 – $3,500Rent per Sq Ft$4 / $4Sq Ft960 / 960DOM183 / 183New0Total1
Single Family
Avg/Median Rent$4,596 / $4,395Range$1,799 – $9,850Rent per Sq Ft$2 / $2Sq Ft2,063 / 2,049DOM9 / 1New10Total47
Townhouse
Avg/Median Rent$4,928 / $5,450Range$1,999 – $6,995Rent per Sq Ft$3 / $3Sq Ft1,897 / 1,977DOM2 / 1New1Total5

Rentals by Bedroom Count

Studio
Avg:$1,814Median:$1,840Range:$999 – $2,577PSF:$4 / $4Sq Ft:526 / 530DOM:79 / 30New:0Total:10
1 Beds
Avg:$2,292Median:$2,150Range:$1,600 – $3,450PSF:$3 / $3Sq Ft:691 / 705DOM:78 / 15New:4Total:37
2 Beds
Avg:$2,842Median:$2,650Range:$900 – $4,750PSF:$3 / $3Sq Ft:997 / 990DOM:35 / 7New:7Total:35
3 Beds
Avg:$4,215Median:$4,250Range:$2,795 – $5,700PSF:$3 / $3Sq Ft:1,657 / 1,542DOM:13 / 1New:3Total:19
4 Beds
Avg:$5,495Median:$5,100Range:$3,995 – $8,000PSF:$2 / $2Sq Ft:2,565 / 2,370DOM:8 / 4New:6Total:15
5 Beds
Avg:$5,914Median:$6,000Range:$4,000 – $7,500PSF:$2 / $2Sq Ft:3,262 / 3,290DOM:13 / 1New:0Total:7
6 Beds
Avg:$9,850Median:$9,850Range:$9,850 – $9,850PSF:$2 / $2Sq Ft:5,810 / 5,810DOM:1 / 1New:1Total:1

6-Month Sales Trend

Dec 2025
Median Price:$1,695,000Median DOM:55New:48Total:306
Jan 2026
Median Price:$1,699,000Median DOM:39New:109Total:292
Feb 2026
Median Price:$1,650,000Median DOM:33New:100Total:317
Mar 2026
Median Price:$1,675,000Median DOM:25New:158Total:381
Apr 2026
Median Price:$1,650,000Median DOM:29New:145Total:415
May 2026
Median Price:$1,625,000Median DOM:32New:39Total:441

6-Month Rental Trend

Dec 2025
Median Rent:$3,194Median DOM:13New:51Total:143
Jan 2026
Median Rent:$2,900Median DOM:11New:54Total:134
Feb 2026
Median Rent:$2,795Median DOM:7New:34Total:124
Mar 2026
Median Rent:$2,795Median DOM:10New:44Total:117
Apr 2026
Median Rent:$2,700Median DOM:4New:49Total:127
May 2026
Median Rent:$2,700Median DOM:6New:21Total:124

Key Market Takeaways

Median sale prices softened this month while inventory expanded. Days on market lengthened, signaling slower buyer activity. Rental pricing remained stable, 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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