ZIP 98037 Housing Market Report
Northwest Seattle
Report period: August 2026
98037 Monthly Market Update – August 2026
ZIP 98037 · Last updated Aug 10, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$649,995
0.0%
Median DOM (Sales)
32
+3.2%
New Listings (Sales)
11
−79.2%
Median Rent
$2,095
−0.2%
Median DOM (Rental)
1
0.0%
Total Rental Listings
88
−5.4%
Month-over-Month Movement
Median sale prices were flat. Days on market lengthened. Rents softened. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Single Family (24 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 6 Beds ($1,197,500 median)
Sales Market Overview
Median Price
$649,995
0.0%
Median DOM
32
+3.2%
New Listings
11
−79.2%
Inventory
173
−3.9%
- Average Price: $711,163
- Median Price: $649,995
- Price Range: $39,999 – $2,985,000
- Price per Sq Ft (Avg/Median): $383 / $381
- Square Footage (Avg/Median): 1,836 / 1,728
- Square Footage Range: 590 – 4,600
- Days on Market (Avg/Median): 51 / 32
- Days on Market Range: 2 – 297
- New Listings: 11
- Total Listings: 173
Sales by Property Type
Condo
Avg/Median Price$518,621 / $320,000Range$215,000 – $1,290,000Price per Sq Ft$373 / $376Sq Ft1,340 / 963DOM57 / 54New1Total21
Land
Avg/Median Price$400,000 / $225,000Range$200,000 – $750,000Price per Sq Ft—Sq Ft—DOM88 / 53New0Total4
Manufactured
Avg/Median Price$111,720 / $99,000Range$39,999 – $260,000Price per Sq Ft$111 / $105Sq Ft995 / 924DOM95 / 102New0Total19
Multi-Family
Avg/Median Price$1,143,750 / $1,090,000Range$1,090,000 – $1,197,500Price per Sq Ft$374 / $345Sq Ft3,068 / 2,976DOM82 / 81New0Total2
Single Family
Avg/Median Price$1,027,807 / $899,950Range$550,000 – $2,985,000Price per Sq Ft$469 / $418Sq Ft2,366 / 2,321DOM39 / 24New7Total66
Townhouse
Avg/Median Price$627,781 / $625,000Range$349,950 – $970,000Price per Sq Ft$380 / $376Sq Ft1,656 / 1,636DOM45 / 25New3Total61
Sales by Bedroom Count
1 Beds
Avg:$158,447Median:$120,000Range:$58,888 – $239,900PSF:$238 / $153Sq Ft:710 / 675DOM:75 / 82New:0Total:4
2 Beds
Avg:$367,428Median:$374,950Range:$53,000 – $625,000PSF:$294 / $348Sq Ft:1,205 / 1,156DOM:59 / 38New:2Total:47
3 Beds
Avg:$706,282Median:$654,995Range:$39,999 – $2,500,000PSF:$437 / $392Sq Ft:1,697 / 1,701DOM:49 / 32New:6Total:63
4 Beds
Avg:$1,027,812Median:$919,000Range:$649,990 – $2,985,000PSF:$413 / $405Sq Ft:2,429 / 2,294DOM:37 / 20New:1Total:29
5 Beds
Avg:$1,119,064Median:$1,078,000Range:$769,950 – $1,595,000PSF:$412 / $388Sq Ft:2,770 / 2,758DOM:45 / 24New:2Total:23
6 Beds
Avg:$1,198,750Median:$1,197,500Range:$1,197,500 – $1,200,000PSF:$365 / $328Sq Ft:3,318 / 2,976DOM:46 / 10New:0Total:2
8 Beds
Avg:$1,090,000Median:$1,090,000Range:$1,090,000 – $1,090,000PSF:$345 / $345Sq Ft:3,160 / 3,160DOM:81 / 81New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $158,447 | $120,000 | $58,888 – $239,900 | $238 / $153 | 710 / 675 | 75 / 82 | 0 | 4 |
| 2 Beds | $367,428 | $374,950 | $53,000 – $625,000 | $294 / $348 | 1,205 / 1,156 | 59 / 38 | 2 | 47 |
| 3 Beds | $706,282 | $654,995 | $39,999 – $2,500,000 | $437 / $392 | 1,697 / 1,701 | 49 / 32 | 6 | 63 |
| 4 Beds | $1,027,812 | $919,000 | $649,990 – $2,985,000 | $413 / $405 | 2,429 / 2,294 | 37 / 20 | 1 | 29 |
| 5 Beds | $1,119,064 | $1,078,000 | $769,950 – $1,595,000 | $412 / $388 | 2,770 / 2,758 | 45 / 24 | 2 | 23 |
| 6 Beds | $1,198,750 | $1,197,500 | $1,197,500 – $1,200,000 | $365 / $328 | 3,318 / 2,976 | 46 / 10 | 0 | 2 |
| 8 Beds | $1,090,000 | $1,090,000 | $1,090,000 – $1,090,000 | $345 / $345 | 3,160 / 3,160 | 81 / 81 | 0 | 1 |
Rental Market Overview
Median Rent
$2,095
−0.2%
Median DOM
1
0.0%
New Listings
21
Inventory
88
−5.4%
- Average Rent: $2,337
- Median Rent: $2,095
- Rent Range: $1,200 – $5,168
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,135 / 946
- Square Footage Range: 449 – 4,835
- Days on Market (Avg/Median): 37 / 1
- Days on Market Range: 1 – 354
- New Listings: 21
- Total Listings: 88
Rentals by Property Type
Apartment
$1,985
Median DOM: 1
Inventory: 57
MoM: −0.2%
Condo
$1,950
Median DOM: 8
Inventory: 8
MoM: −0.2%
Single Family
$3,525
Median DOM: 1
Inventory: 16
MoM: −0.2%
Townhouse
$3,465
Median DOM: 9
Inventory: 5
MoM: −0.2%
Apartment
Avg/Median Rent$1,957 / $1,985Range$1,495 – $2,799Rent per Sq Ft$2 / $2Sq Ft835 / 863DOM42 / 1New11Total57
Condo
Avg/Median Rent$2,092 / $1,950Range$1,200 – $3,500Rent per Sq Ft$2 / $2Sq Ft1,032 / 946DOM65 / 8New3Total8
Multi-Family
Avg/Median Rent$1,500 / $1,500Range$1,500 – $1,500Rent per Sq Ft$2 / $2Sq Ft800 / 800DOM12 / 1New1Total2
Single Family
Avg/Median Rent$3,472 / $3,525Range$2,100 – $4,750Rent per Sq Ft$2 / $2Sq Ft2,260 / 2,069DOM6 / 1New6Total16
Townhouse
Avg/Median Rent$3,756 / $3,465Range$3,100 – $5,168Rent per Sq Ft$2 / $2Sq Ft1,844 / 1,701DOM58 / 9New0Total5
Rentals by Bedroom Count
Studio
Avg:$1,765Median:$1,731Range:$1,670 – $1,895PSF:$4 / $4Sq Ft:484 / 497DOM:252 / 177New:0Total:3
1 Beds
Avg:$1,663Median:$1,694Range:$1,200 – $1,870PSF:$2 / $3Sq Ft:681 / 674DOM:54 / 1New:6Total:24
2 Beds
Avg:$2,180Median:$2,100Range:$1,879 – $5,168PSF:$2 / $2Sq Ft:956 / 968DOM:32 / 1New:9Total:41
3 Beds
Avg:$3,328Median:$3,295Range:$2,799 – $3,950PSF:$2 / $2Sq Ft:1,636 / 1,673DOM:9 / 1New:3Total:10
4 Beds
Avg:$3,732Median:$3,800Range:$3,465 – $4,000PSF:$2 / $1Sq Ft:2,413 / 2,267DOM:6 / 1New:3Total:6
5 Beds
Avg:$3,849Median:$3,500Range:$3,300 – $4,750PSF:$1 / $1Sq Ft:3,220 / 2,447DOM:25 / 1New:0Total:4
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,765 | $1,731 | $1,670 – $1,895 | $4 / $4 | 484 / 497 | 252 / 177 | 0 | 3 |
| 1 Beds | $1,663 | $1,694 | $1,200 – $1,870 | $2 / $3 | 681 / 674 | 54 / 1 | 6 | 24 |
| 2 Beds | $2,180 | $2,100 | $1,879 – $5,168 | $2 / $2 | 956 / 968 | 32 / 1 | 9 | 41 |
| 3 Beds | $3,328 | $3,295 | $2,799 – $3,950 | $2 / $2 | 1,636 / 1,673 | 9 / 1 | 3 | 10 |
| 4 Beds | $3,732 | $3,800 | $3,465 – $4,000 | $2 / $1 | 2,413 / 2,267 | 6 / 1 | 3 | 6 |
| 5 Beds | $3,849 | $3,500 | $3,300 – $4,750 | $1 / $1 | 3,220 / 2,447 | 25 / 1 | 0 | 4 |
6-Month Sales Trend
Mar 2026
Median Price:$749,950Median DOM:27New:35Total:109
Apr 2026
Median Price:$735,000Median DOM:27New:52Total:133
May 2026
Median Price:$729,999Median DOM:32New:44Total:161
Jun 2026
Median Price:$674,995Median DOM:31New:54Total:170
Jul 2026
Median Price:$649,995Median DOM:31New:53Total:180
Aug 2026
Median Price:$649,995Median DOM:32New:11Total:173
6-Month Rental Trend
Mar 2026
Median Rent:$1,900Median DOM:12New:19Total:64
Apr 2026
Median Rent:$1,960Median DOM:4New:27Total:75
May 2026
Median Rent:$2,124Median DOM:1New:36Total:83
Jun 2026
Median Rent:$2,155Median DOM:1New:35Total:93
Jul 2026
Median Rent:$2,100Median DOM:1New:36Total:93
Aug 2026
Median Rent:$2,095Median DOM:1New:21Total:88
Key Market Takeaways
Median sale prices held steady this month while inventory compressed. Days on market lengthened, signaling slower 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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