ZIP 98033 Housing Market Report

Northwest Seattle

Report period: August 2026

98033 Monthly Market Update – August 2026

ZIP 98033 · Last updated Aug 9, 2026 · Data range Mar 2026 – Aug 2026

Executive Snapshot

Median Sale Price
$1,500,000
−3.2%
Median DOM (Sales)
33
−8.3%
New Listings (Sales)
38
−71.9%
Median Rent
$2,650
−1.6%
Median DOM (Rental)
11
0.0%
Total Rental Listings
114
−6.6%

Month-over-Month Movement

Median sale prices eased compared to last month. Days on market improved. Rents softened. Rental inventory tightened.

What's Moving Fastest

  • Fastest selling: Single Family (31 DOM)
  • Fastest renting: Single Family (1 DOM)
  • Strongest bedroom: 7 Beds ($3,945,000 median)

Sales Market Overview

Median Price
$1,500,000
−3.2%
Median DOM
33
−8.3%
New Listings
38
−71.9%
Inventory
471
+0.4%
  • Average Price: $1,885,722
  • Median Price: $1,500,000
  • Price Range: $252,000 – $10,000,000
  • Price per Sq Ft (Avg/Median): $818 / $735
  • Square Footage (Avg/Median): 2,343 / 2,000
  • Square Footage Range: 538 – 7,680
  • Days on Market (Avg/Median): 51 / 33
  • Days on Market Range: 1 – 296
  • New Listings: 38
  • Total Listings: 471

Sales by Property Type

Condo
Avg/Median Price$1,050,760 / $725,000Range$252,000 – $4,500,000Price per Sq Ft$760 / $715Sq Ft1,302 / 1,154DOM52 / 45New10Total134
Land
Avg/Median Price$2,570,000 / $2,450,000Range$1,500,000 – $4,000,000Price per Sq FtSq FtDOM27 / 32New0Total5
Multi-Family
Avg/Median Price$3,525,000 / $3,250,000Range$3,250,000 – $3,800,000Price per Sq Ft$851 / $762Sq Ft4,220 / 3,456DOM56 / 53New0Total2
Single Family
Avg/Median Price$2,385,774 / $1,998,500Range$650,000 – $10,000,000Price per Sq Ft$877 / $770Sq Ft2,896 / 2,680DOM51 / 31New23Total274
Townhouse
Avg/Median Price$1,317,338 / $1,249,000Range$689,000 – $2,599,000Price per Sq Ft$664 / $651Sq Ft2,044 / 1,996DOM49 / 34New5Total56

Sales by Bedroom Count

Studio
Avg:$289,000Median:$289,000Range:$289,000 – $289,000PSF:$534 / $534Sq Ft:541 / 541DOM:51 / 51New:0Total:1
1 Beds
Avg:$829,302Median:$498,000Range:$252,000 – $10,000,000PSF:$1,097 / $719Sq Ft:729 / 720DOM:48 / 30New:3Total:30
2 Beds
Avg:$1,163,867Median:$949,950Range:$339,000 – $5,200,000PSF:$860 / $727Sq Ft:1,313 / 1,242DOM:57 / 43New:7Total:107
3 Beds
Avg:$1,587,046Median:$1,388,000Range:$598,000 – $6,598,000PSF:$814 / $760Sq Ft:1,937 / 1,802DOM:53 / 37New:9Total:127
4 Beds
Avg:$2,163,398Median:$1,950,000Range:$849,000 – $5,997,888PSF:$748 / $706Sq Ft:2,860 / 2,700DOM:48 / 32New:11Total:110
5 Beds
Avg:$3,076,963Median:$2,875,000Range:$1,050,000 – $7,600,000PSF:$779 / $747Sq Ft:3,941 / 3,710DOM:48 / 30New:5Total:68
6 Beds
Avg:$3,240,417Median:$2,560,000Range:$1,650,000 – $6,950,000PSF:$751 / $688Sq Ft:4,153 / 3,767DOM:48 / 28New:3Total:19
7 Beds
Avg:$4,121,500Median:$3,945,000Range:$3,945,000 – $4,298,000PSF:$717 / $647Sq Ft:5,782 / 5,470DOM:26 / 17New:0Total:2
8 Beds
Avg:$3,525,000Median:$3,250,000Range:$3,250,000 – $3,800,000PSF:$851 / $762Sq Ft:4,220 / 3,456DOM:56 / 53New:0Total:2

Rental Market Overview

Median Rent
$2,650
−1.6%
Median DOM
11
0.0%
New Listings
22
Inventory
114
−6.6%
  • Average Rent: $3,328
  • Median Rent: $2,650
  • Rent Range: $855 – $9,200
  • Rent per Sq Ft (Avg/Median): $3 / $3
  • Square Footage (Avg/Median): 1,226 / 892
  • Square Footage Range: 420 – 4,164
  • Days on Market (Avg/Median): 39 / 11
  • Days on Market Range: 1 – 355
  • New Listings: 22
  • Total Listings: 114

Rentals by Property Type

Apartment
$2,210
Median DOM: 49
Inventory: 50
MoM: −1.6%
Condo
$2,500
Median DOM: 5
Inventory: 23
MoM: −1.6%
Single Family
$4,950
Median DOM: 1
Inventory: 33
MoM: −1.6%
Townhouse
$3,950
Median DOM: 13
Inventory: 6
MoM: −1.6%
Apartment
Avg/Median Rent$2,310 / $2,210Range$855 – $3,520Rent per Sq Ft$3 / $3Sq Ft730 / 700DOM83 / 49New1Total50
Condo
Avg/Median Rent$2,785 / $2,500Range$1,700 – $5,000Rent per Sq Ft$3 / $3Sq Ft959 / 842DOM25 / 5New8Total23
Multi-Family
Avg/Median Rent$2,450 / $2,150Range$2,150 – $2,750Rent per Sq Ft$3 / $3Sq Ft852 / 755DOM16 / 11New0Total2
Single Family
Avg/Median Rent$5,196 / $4,950Range$2,300 – $9,200Rent per Sq Ft$3 / $2Sq Ft2,145 / 2,060DOM16 / 1New11Total33
Townhouse
Avg/Median Rent$3,911 / $3,950Range$2,945 – $5,450Rent per Sq Ft$3 / $3Sq Ft1,442 / 1,288DOM11 / 13New2Total6

Rentals by Bedroom Count

Studio
Avg:$2,046Median:$2,150Range:$855 – $2,480PSF:$4 / $4Sq Ft:557 / 566DOM:163 / 104New:0Total:8
1 Beds
Avg:$2,305Median:$2,239Range:$1,495 – $3,520PSF:$3 / $3Sq Ft:703 / 705DOM:64 / 30New:6Total:43
2 Beds
Avg:$3,120Median:$2,795Range:$1,895 – $5,500PSF:$3 / $3Sq Ft:1,127 / 1,058DOM:27 / 11New:8Total:34
3 Beds
Avg:$4,691Median:$4,395Range:$3,100 – $6,995PSF:$3 / $2Sq Ft:1,792 / 1,790DOM:23 / 10New:1Total:12
4 Beds
Avg:$5,959Median:$5,400Range:$4,495 – $9,200PSF:$2 / $2Sq Ft:2,588 / 2,450DOM:10 / 1New:6Total:15
5 Beds
Avg:$6,074Median:$4,200Range:$4,200 – $7,949PSF:$2 / $2Sq Ft:3,122 / 2,480DOM:11 / 1New:1Total:2

6-Month Sales Trend

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:$1,649,950Median DOM:33New:148Total:457
Jun 2026
Median Price:$1,594,995Median DOM:37New:134Total:479
Jul 2026
Median Price:$1,549,000Median DOM:36New:135Total:469
Aug 2026
Median Price:$1,500,000Median DOM:33New:38Total:471

6-Month Rental Trend

Mar 2026
Median Rent:$2,795Median DOM:10New:44Total:117
Apr 2026
Median Rent:$2,700Median DOM:4New:49Total:127
May 2026
Median Rent:$3,050Median DOM:9New:41Total:123
Jun 2026
Median Rent:$2,795Median DOM:9New:37Total:117
Jul 2026
Median Rent:$2,693Median DOM:11New:40Total:122
Aug 2026
Median Rent:$2,650Median DOM:11New:22Total:114

Key Market Takeaways

Median sale prices softened this month while inventory expanded. Days on market declined, signaling improving buyer activity. Rental pricing eased, 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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