ZIP 98034 Housing Market Report
Northwest Seattle
Report period: May 2026
98034 Monthly Market Update – May 2026
ZIP 98034 · Last updated May 11, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$1,048,000
−0.2%
Median DOM (Sales)
28
−3.4%
New Listings (Sales)
25
−78.1%
Median Rent
$2,300
+0.2%
Median DOM (Rental)
1
0.0%
Total Rental Listings
187
0.0%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market improved. Rents moved higher.
What's Moving Fastest
- Fastest selling: Single Family (18 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 8 Beds ($1,999,950 median)
Sales Market Overview
Median Price
$1,048,000
−0.2%
Median DOM
28
−3.4%
New Listings
25
−78.1%
Inventory
323
+1.9%
- Average Price: $1,160,959
- Median Price: $1,048,000
- Price Range: $199,000 – $10,000,000
- Price per Sq Ft (Avg/Median): $597 / $579
- Square Footage (Avg/Median): 1,875 / 1,510
- Square Footage Range: 506 – 6,322
- Days on Market (Avg/Median): 51 / 28
- Days on Market Range: 2 – 336
- New Listings: 25
- Total Listings: 323
Sales by Property Type
Condo
Avg/Median Price$474,372 / $439,000Range$260,000 – $1,288,000Price per Sq Ft$480 / $448Sq Ft992 / 980DOM61 / 48New6Total103
Land
Avg/Median Price$985,012 / $599,000Range$199,000 – $3,500,000Price per Sq Ft—Sq Ft—DOM118 / 65New0Total20
Multi-Family
Avg/Median Price$1,999,950 / $1,999,950Range$1,999,950 – $1,999,950Price per Sq Ft$601 / $601Sq Ft3,328 / 3,328DOM124 / 124New0Total1
Single Family
Avg/Median Price$1,665,519 / $1,375,000Range$650,000 – $10,000,000Price per Sq Ft$680 / $649Sq Ft2,470 / 2,250DOM38 / 18New14Total163
Townhouse
Avg/Median Price$915,269 / $899,990Range$440,000 – $1,374,900Price per Sq Ft$554 / $549Sq Ft1,646 / 1,482DOM49 / 25New5Total36
Sales by Bedroom Count
1 Beds
Avg:$372,325Median:$349,950Range:$260,000 – $593,000PSF:$528 / $460Sq Ft:739 / 709DOM:78 / 55New:1Total:24
2 Beds
Avg:$518,198Median:$454,950Range:$275,000 – $1,250,000PSF:$492 / $454Sq Ft:1,043 / 1,014DOM:63 / 31New:4Total:83
3 Beds
Avg:$1,082,232Median:$1,049,950Range:$368,000 – $2,595,000PSF:$664 / $658Sq Ft:1,635 / 1,460DOM:34 / 18New:6Total:74
4 Beds
Avg:$1,570,416Median:$1,349,800Range:$799,900 – $6,790,000PSF:$641 / $619Sq Ft:2,437 / 2,210DOM:32 / 18New:9Total:83
5 Beds
Avg:$2,316,666Median:$1,950,000Range:$925,000 – $10,000,000PSF:$638 / $582Sq Ft:3,502 / 3,270DOM:47 / 23New:4Total:34
6 Beds
Avg:$3,036,750Median:$1,799,000Range:$1,449,000 – $4,999,000PSF:$690 / $514Sq Ft:4,242 / 3,896DOM:45 / 19New:1Total:4
8 Beds
Avg:$1,999,950Median:$1,999,950Range:$1,999,950 – $1,999,950PSF:$601 / $601Sq Ft:3,328 / 3,328DOM:124 / 124New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $372,325 | $349,950 | $260,000 – $593,000 | $528 / $460 | 739 / 709 | 78 / 55 | 1 | 24 |
| 2 Beds | $518,198 | $454,950 | $275,000 – $1,250,000 | $492 / $454 | 1,043 / 1,014 | 63 / 31 | 4 | 83 |
| 3 Beds | $1,082,232 | $1,049,950 | $368,000 – $2,595,000 | $664 / $658 | 1,635 / 1,460 | 34 / 18 | 6 | 74 |
| 4 Beds | $1,570,416 | $1,349,800 | $799,900 – $6,790,000 | $641 / $619 | 2,437 / 2,210 | 32 / 18 | 9 | 83 |
| 5 Beds | $2,316,666 | $1,950,000 | $925,000 – $10,000,000 | $638 / $582 | 3,502 / 3,270 | 47 / 23 | 4 | 34 |
| 6 Beds | $3,036,750 | $1,799,000 | $1,449,000 – $4,999,000 | $690 / $514 | 4,242 / 3,896 | 45 / 19 | 1 | 4 |
| 8 Beds | $1,999,950 | $1,999,950 | $1,999,950 – $1,999,950 | $601 / $601 | 3,328 / 3,328 | 124 / 124 | 0 | 1 |
Rental Market Overview
Median Rent
$2,300
+0.2%
Median DOM
1
0.0%
New Listings
70
Inventory
187
0.0%
- Average Rent: $2,710
- Median Rent: $2,300
- Rent Range: $999 – $9,000
- Rent per Sq Ft (Avg/Median): $3 / $3
- Square Footage (Avg/Median): 1,056 / 873
- Square Footage Range: 375 – 3,729
- Days on Market (Avg/Median): 21 / 1
- Days on Market Range: 1 – 326
- New Listings: 70
- Total Listings: 187
Rentals by Property Type
Apartment
$2,150
Median DOM: 1
Inventory: 96
MoM: +0.2%
Condo
$2,200
Median DOM: 1
Inventory: 30
MoM: +0.2%
Single Family
$3,760
Median DOM: 1
Inventory: 58
MoM: +0.2%
Townhouse
$2,850
Median DOM: 7
Inventory: 3
MoM: +0.2%
Apartment
Avg/Median Rent$2,161 / $2,150Range$999 – $3,215Rent per Sq Ft$3 / $3Sq Ft702 / 621DOM26 / 1New37Total96
Condo
Avg/Median Rent$2,277 / $2,200Range$1,600 – $3,550Rent per Sq Ft$3 / $3Sq Ft871 / 872DOM13 / 1New11Total30
Single Family
Avg/Median Rent$3,811 / $3,760Range$1,700 – $9,000Rent per Sq Ft$2 / $2Sq Ft1,739 / 1,680DOM18 / 1New22Total58
Townhouse
Avg/Median Rent$3,297 / $2,850Range$2,750 – $4,290Rent per Sq Ft$2 / $2Sq Ft1,382 / 1,274DOM12 / 7New0Total3
Rentals by Bedroom Count
Studio
Avg:$1,822Median:$1,891Range:$999 – $2,195PSF:$4 / $4Sq Ft:496 / 482DOM:38 / 1New:10Total:28
1 Beds
Avg:$2,215Median:$2,195Range:$1,409 – $3,550PSF:$3 / $3Sq Ft:717 / 700DOM:14 / 1New:28Total:64
2 Beds
Avg:$2,410Median:$2,295Range:$1,700 – $3,780PSF:$2 / $2Sq Ft:1,008 / 937DOM:24 / 1New:13Total:46
3 Beds
Avg:$3,648Median:$3,550Range:$2,650 – $7,500PSF:$2 / $2Sq Ft:1,589 / 1,622DOM:14 / 1New:6Total:21
4 Beds
Avg:$4,451Median:$3,895Range:$3,300 – $9,000PSF:$2 / $2Sq Ft:1,950 / 1,860DOM:27 / 1New:10Total:21
5 Beds
Avg:$4,746Median:$4,995Range:$3,800 – $5,500PSF:$2 / $2Sq Ft:2,595 / 2,290DOM:10 / 1New:2Total:5
6 Beds
Avg:$4,625Median:$4,250Range:$4,250 – $5,000PSF:$2 / $1Sq Ft:3,094 / 2,460DOM:4 / 1New:1Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,822 | $1,891 | $999 – $2,195 | $4 / $4 | 496 / 482 | 38 / 1 | 10 | 28 |
| 1 Beds | $2,215 | $2,195 | $1,409 – $3,550 | $3 / $3 | 717 / 700 | 14 / 1 | 28 | 64 |
| 2 Beds | $2,410 | $2,295 | $1,700 – $3,780 | $2 / $2 | 1,008 / 937 | 24 / 1 | 13 | 46 |
| 3 Beds | $3,648 | $3,550 | $2,650 – $7,500 | $2 / $2 | 1,589 / 1,622 | 14 / 1 | 6 | 21 |
| 4 Beds | $4,451 | $3,895 | $3,300 – $9,000 | $2 / $2 | 1,950 / 1,860 | 27 / 1 | 10 | 21 |
| 5 Beds | $4,746 | $4,995 | $3,800 – $5,500 | $2 / $2 | 2,595 / 2,290 | 10 / 1 | 2 | 5 |
| 6 Beds | $4,625 | $4,250 | $4,250 – $5,000 | $2 / $1 | 3,094 / 2,460 | 4 / 1 | 1 | 2 |
6-Month Sales Trend
Dec 2025
Median Price:$924,990Median DOM:67New:27Total:186
Jan 2026
Median Price:$924,990Median DOM:45New:65Total:188
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:$1,048,000Median DOM:28New:25Total:323
6-Month Rental Trend
Dec 2025
Median Rent:$2,495Median DOM:1New:50Total:144
Jan 2026
Median Rent:$2,450Median DOM:1New:49Total:128
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:$2,300Median DOM:1New:70Total:187
Key Market Takeaways
Median sale prices softened this month while inventory expanded. Days on market declined, signaling improving buyer activity. Rental pricing increased, while total rental inventory was flat.
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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