ZIP 98034 Housing Market Report

Northwest Seattle

Report period: July 2026

98034 Monthly Market Update – July 2026

ZIP 98034 · Last updated Jul 11, 2026 · Data range Feb 2026 – Jul 2026

Executive Snapshot

Median Sale Price
$1,080,000
−0.8%
Median DOM (Sales)
31
+6.9%
New Listings (Sales)
46
−64.6%
Median Rent
$2,325
0.0%
Median DOM (Rental)
1
0.0%
Total Rental Listings
198
−1.5%

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: Single Family (23 DOM)
  • Fastest renting: Apartment (1 DOM)
  • Strongest bedroom: 5 Beds ($1,825,000 median)

Sales Market Overview

Median Price
$1,080,000
−0.8%
Median DOM
31
+6.9%
New Listings
46
−64.6%
Inventory
381
+1.9%
  • Average Price: $1,161,924
  • Median Price: $1,080,000
  • Price Range: $199,000 – $7,000,000
  • Price per Sq Ft (Avg/Median): $598 / $569
  • Square Footage (Avg/Median): 1,877 / 1,640
  • Square Footage Range: 506 – 6,322
  • Days on Market (Avg/Median): 51 / 31
  • Days on Market Range: 1 – 336
  • New Listings: 46
  • Total Listings: 381

Sales by Property Type

Condo
Avg/Median Price$474,452 / $414,000Range$249,000 – $1,448,000Price per Sq Ft$486 / $453Sq Ft968 / 923DOM66 / 45New11Total116
Land
Avg/Median Price$1,150,446 / $649,950Range$199,000 – $3,500,000Price per Sq FtSq FtDOM107 / 115New0Total13
Multi-Family
Avg/Median Price$1,799,000 / $1,799,000Range$1,799,000 – $1,799,000Price per Sq Ft$541 / $541Sq Ft3,328 / 3,328DOM185 / 185New0Total1
Single Family
Avg/Median Price$1,574,760 / $1,250,000Range$724,950 – $7,000,000Price per Sq Ft$665 / $620Sq Ft2,400 / 2,180DOM39 / 23New28Total214
Townhouse
Avg/Median Price$916,304 / $875,000Range$460,000 – $1,749,000Price per Sq Ft$560 / $545Sq Ft1,641 / 1,402DOM52 / 30New7Total37

Sales by Bedroom Count

1 Beds
Avg:$384,370Median:$340,000Range:$249,000 – $1,155,000PSF:$528 / $470Sq Ft:738 / 706DOM:53 / 29New:5Total:37
2 Beds
Avg:$492,209Median:$450,000Range:$259,000 – $1,125,000PSF:$471 / $449Sq Ft:1,031 / 1,009DOM:74 / 55New:7Total:78
3 Beds
Avg:$1,118,348Median:$1,050,000Range:$380,000 – $6,210,000PSF:$681 / $644Sq Ft:1,668 / 1,570DOM:40 / 23New:9Total:109
4 Beds
Avg:$1,549,196Median:$1,270,000Range:$899,900 – $6,790,000PSF:$629 / $592Sq Ft:2,425 / 2,202DOM:39 / 23New:20Total:96
5 Beds
Avg:$2,164,936Median:$1,825,000Range:$850,000 – $7,000,000PSF:$618 / $534Sq Ft:3,411 / 3,270DOM:44 / 28New:5Total:39
6 Beds
Avg:$2,283,625Median:$1,650,000Range:$1,299,000 – $4,999,000PSF:$565 / $512Sq Ft:3,882 / 3,500DOM:61 / 47New:0Total:8
8 Beds
Avg:$1,799,000Median:$1,799,000Range:$1,799,000 – $1,799,000PSF:$541 / $541Sq Ft:3,328 / 3,328DOM:185 / 185New:0Total:1

Rental Market Overview

Median Rent
$2,325
0.0%
Median DOM
1
0.0%
New Listings
62
Inventory
198
−1.5%
  • Average Rent: $2,792
  • Median Rent: $2,325
  • Rent Range: $999 – $9,054
  • Rent per Sq Ft (Avg/Median): $3 / $3
  • Square Footage (Avg/Median): 1,086 / 917
  • Square Footage Range: 375 – 3,729
  • Days on Market (Avg/Median): 21 / 1
  • Days on Market Range: 1 – 296
  • New Listings: 62
  • Total Listings: 198

Rentals by Property Type

Apartment
$2,195
Median DOM: 1
Inventory: 89
MoM: 0.0%
Condo
$2,250
Median DOM: 1
Inventory: 49
MoM: 0.0%
Single Family
$3,850
Median DOM: 1
Inventory: 53
MoM: 0.0%
Townhouse
$3,050
Median DOM: 1
Inventory: 5
MoM: 0.0%
Apartment
Avg/Median Rent$2,195 / $2,195Range$999 – $3,100Rent per Sq Ft$3 / $3Sq Ft694 / 621DOM28 / 1New31Total89
Condo
Avg/Median Rent$2,366 / $2,250Range$1,600 – $3,800Rent per Sq Ft$3 / $3Sq Ft906 / 923DOM17 / 1New15Total49
Multi-Family
Avg/Median Rent$2,398 / $2,300Range$2,300 – $2,495Rent per Sq Ft$2 / $2Sq Ft975 / 950DOM41 / 30New0Total2
Single Family
Avg/Median Rent$4,178 / $3,850Range$1,900 – $9,054Rent per Sq Ft$2 / $2Sq Ft1,886 / 1,880DOM16 / 1New15Total53
Townhouse
Avg/Median Rent$3,049 / $3,050Range$1,695 – $3,950Rent per Sq Ft$2 / $2Sq Ft1,271 / 1,402DOM10 / 1New1Total5

Rentals by Bedroom Count

Studio
Avg:$2,135Median:$1,895Range:$999 – $9,054PSF:$4 / $4Sq Ft:592 / 471DOM:35 / 1New:8Total:24
1 Beds
Avg:$2,193Median:$2,195Range:$1,695 – $3,550PSF:$3 / $3Sq Ft:692 / 662DOM:16 / 1New:26Total:65
2 Beds
Avg:$2,522Median:$2,450Range:$1,685 – $3,800PSF:$3 / $3Sq Ft:997 / 963DOM:25 / 1New:16Total:59
3 Beds
Avg:$3,550Median:$3,500Range:$2,300 – $7,200PSF:$2 / $2Sq Ft:1,551 / 1,480DOM:16 / 7New:6Total:23
4 Beds
Avg:$4,702Median:$4,200Range:$3,400 – $9,000PSF:$2 / $2Sq Ft:2,078 / 2,030DOM:20 / 1New:4Total:20
5 Beds
Avg:$4,660Median:$4,550Range:$3,800 – $5,700PSF:$2 / $2Sq Ft:2,588 / 2,420DOM:11 / 1New:2Total:5
6 Beds
Avg:$5,625Median:$5,000Range:$5,000 – $6,250PSF:$2 / $1Sq Ft:3,464 / 3,200DOM:15 / 1New:0Total:2

6-Month Sales Trend

Feb 2026
Median Price:$929,950Median DOM:30New:78Total:225
Mar 2026
Median Price:$950,000Median DOM:26New:105Total:268
Apr 2026
Median Price:$1,049,950Median DOM:29New:114Total:317
May 2026
Median Price:$1,075,000Median DOM:31New:102Total:348
Jun 2026
Median Price:$1,089,000Median DOM:29New:130Total:374
Jul 2026
Median Price:$1,080,000Median DOM:31New:46Total:381

6-Month Rental Trend

Feb 2026
Median Rent:$2,435Median DOM:1New:52Total:131
Mar 2026
Median Rent:$2,400Median DOM:1New:52Total:129
Apr 2026
Median Rent:$2,295Median DOM:1New:98Total:187
May 2026
Median Rent:$2,325Median DOM:1New:113Total:203
Jun 2026
Median Rent:$2,325Median DOM:1New:99Total:201
Jul 2026
Median Rent:$2,325Median DOM:1New:62Total:198

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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