ZIP 98038 Housing Market Report
Northwest Seattle
Report period: July 2026
98038 Monthly Market Update – July 2026
ZIP 98038 · Last updated Jul 11, 2026 · Data range Feb 2026 – Jul 2026
Executive Snapshot
Median Sale Price
$825,000
+3.1%
Median DOM (Sales)
30
+25.0%
New Listings (Sales)
16
−78.1%
Median Rent
$3,500
0.0%
Median DOM (Rental)
1
−75.0%
Total Rental Listings
33
+3.1%
Month-over-Month Movement
Median sale prices moved higher. Days on market lengthened. Rents were stable. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Townhouse (18 DOM)
- Fastest renting: Single Family (1 DOM)
- Strongest bedroom: 6 Beds ($1,150,000 median)
Sales Market Overview
Median Price
$825,000
+3.1%
Median DOM
30
+25.0%
New Listings
16
−78.1%
Inventory
216
−4.0%
- Average Price: $906,806
- Median Price: $825,000
- Price Range: $198,500 – $3,185,000
- Price per Sq Ft (Avg/Median): $395 / $372
- Square Footage (Avg/Median): 2,391 / 2,250
- Square Footage Range: 1,010 – 6,900
- Days on Market (Avg/Median): 42 / 30
- Days on Market Range: 2 – 302
- New Listings: 16
- Total Listings: 216
Sales by Property Type
Condo
Avg/Median Price$508,184 / $499,950Range$439,950 – $585,000Price per Sq Ft$309 / $312Sq Ft1,670 / 1,540DOM67 / 51New0Total14
Land
Avg/Median Price$402,550 / $300,000Range$198,500 – $899,000Price per Sq Ft—Sq Ft—DOM96 / 53New0Total8
Manufactured
Avg/Median Price$522,725 / $536,000Range$335,000 – $649,999Price per Sq Ft$333 / $250Sq Ft1,732 / 1,250DOM80 / 58New0Total4
Single Family
Avg/Median Price$993,751 / $875,000Range$529,995 – $3,185,000Price per Sq Ft$406 / $381Sq Ft2,521 / 2,380DOM37 / 24New15Total179
Townhouse
Avg/Median Price$505,712 / $500,000Range$420,000 – $599,990Price per Sq Ft$355 / $374Sq Ft1,445 / 1,480DOM46 / 18New1Total11
Sales by Bedroom Count
2 Beds
Avg:$519,849Median:$499,950Range:$335,000 – $774,900PSF:$379 / $353Sq Ft:1,405 / 1,350DOM:66 / 62New:1Total:17
3 Beds
Avg:$782,318Median:$692,000Range:$479,000 – $1,598,000PSF:$433 / $417Sq Ft:1,828 / 1,763DOM:34 / 22New:6Total:81
4 Beds
Avg:$1,081,238Median:$960,000Range:$500,000 – $2,250,000PSF:$378 / $357Sq Ft:2,879 / 2,734DOM:37 / 30New:7Total:89
5 Beds
Avg:$1,145,750Median:$899,999Range:$689,950 – $3,185,000PSF:$341 / $327Sq Ft:3,227 / 3,120DOM:44 / 44New:2Total:19
6 Beds
Avg:$1,222,500Median:$1,150,000Range:$1,150,000 – $1,295,000PSF:$307 / $302Sq Ft:3,980 / 3,810DOM:170 / 37New:0Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $519,849 | $499,950 | $335,000 – $774,900 | $379 / $353 | 1,405 / 1,350 | 66 / 62 | 1 | 17 |
| 3 Beds | $782,318 | $692,000 | $479,000 – $1,598,000 | $433 / $417 | 1,828 / 1,763 | 34 / 22 | 6 | 81 |
| 4 Beds | $1,081,238 | $960,000 | $500,000 – $2,250,000 | $378 / $357 | 2,879 / 2,734 | 37 / 30 | 7 | 89 |
| 5 Beds | $1,145,750 | $899,999 | $689,950 – $3,185,000 | $341 / $327 | 3,227 / 3,120 | 44 / 44 | 2 | 19 |
| 6 Beds | $1,222,500 | $1,150,000 | $1,150,000 – $1,295,000 | $307 / $302 | 3,980 / 3,810 | 170 / 37 | 0 | 2 |
Rental Market Overview
Median Rent
$3,500
0.0%
Median DOM
1
−75.0%
New Listings
7
Inventory
33
+3.1%
- Average Rent: $3,410
- Median Rent: $3,500
- Rent Range: $815 – $5,400
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,997 / 1,840
- Square Footage Range: 625 – 3,863
- Days on Market (Avg/Median): 19 / 1
- Days on Market Range: 1 – 146
- New Listings: 7
- Total Listings: 33
Rentals by Property Type
Apartment
$1,495
Median DOM: —
Inventory: 2
MoM: 0.0%
Condo
—
Median DOM: —
Inventory: —
MoM: 0.0%
Single Family
$3,599
Median DOM: 1
Inventory: 30
MoM: 0.0%
Townhouse
$2,550
Median DOM: 11
Inventory: 1
MoM: 0.0%
Apartment
Avg/Median Rent$1,804 / $1,495Range$1,495 – $2,112Rent per Sq Ft$3 / $2Sq Ft692 / 625DOM—New0Total2
Single Family
Avg/Median Rent$3,546 / $3,599Range$815 – $5,400Rent per Sq Ft$2 / $2Sq Ft2,112 / 2,110DOM20 / 1New7Total30
Townhouse
Avg/Median Rent$2,550 / $2,550Range$2,550 – $2,550Rent per Sq Ft$2 / $2Sq Ft1,273 / 1,273DOM11 / 11New0Total1
Rentals by Bedroom Count
1 Beds
Avg:$2,309Median:$2,112Range:$815 – $4,000PSF:$4 / $3Sq Ft:778 / 625DOM:89 / 31New:0Total:3
2 Beds
Avg:$3,049Median:$2,550Range:$1,495 – $5,400PSF:$3 / $2Sq Ft:1,180 / 1,273DOM:20 / 11New:0Total:4
3 Beds
Avg:$3,246Median:$3,260Range:$2,500 – $3,840PSF:$2 / $2Sq Ft:1,724 / 1,590DOM:14 / 1New:3Total:14
4 Beds
Avg:$3,932Median:$3,895Range:$3,300 – $4,600PSF:$1 / $1Sq Ft:2,739 / 2,570DOM:17 / 1New:3Total:10
5 Beds
Avg:$4,200Median:$4,200Range:$4,200 – $4,200PSF:$1 / $1Sq Ft:2,989 / 2,989DOM:1 / 1New:0Total:1
7 Beds
Avg:$4,445Median:$4,445Range:$4,445 – $4,445PSF:$1 / $1Sq Ft:3,110 / 3,110DOM:1 / 1New:1Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $2,309 | $2,112 | $815 – $4,000 | $4 / $3 | 778 / 625 | 89 / 31 | 0 | 3 |
| 2 Beds | $3,049 | $2,550 | $1,495 – $5,400 | $3 / $2 | 1,180 / 1,273 | 20 / 11 | 0 | 4 |
| 3 Beds | $3,246 | $3,260 | $2,500 – $3,840 | $2 / $2 | 1,724 / 1,590 | 14 / 1 | 3 | 14 |
| 4 Beds | $3,932 | $3,895 | $3,300 – $4,600 | $1 / $1 | 2,739 / 2,570 | 17 / 1 | 3 | 10 |
| 5 Beds | $4,200 | $4,200 | $4,200 – $4,200 | $1 / $1 | 2,989 / 2,989 | 1 / 1 | 0 | 1 |
| 7 Beds | $4,445 | $4,445 | $4,445 – $4,445 | $1 / $1 | 3,110 / 3,110 | 1 / 1 | 1 | 1 |
6-Month Sales Trend
Feb 2026
Median Price:$749,000Median DOM:22New:54Total:119
Mar 2026
Median Price:$745,000Median DOM:18New:59Total:157
Apr 2026
Median Price:$749,950Median DOM:15New:57Total:179
May 2026
Median Price:$799,000Median DOM:19New:83Total:211
Jun 2026
Median Price:$799,950Median DOM:24New:73Total:225
Jul 2026
Median Price:$825,000Median DOM:30New:16Total:216
6-Month Rental Trend
Feb 2026
Median Rent:$3,150Median DOM:1New:15Total:33
Mar 2026
Median Rent:$3,249Median DOM:1New:18Total:36
Apr 2026
Median Rent:$3,313Median DOM:2New:14Total:37
May 2026
Median Rent:$3,400Median DOM:2New:14Total:36
Jun 2026
Median Rent:$3,500Median DOM:4New:13Total:32
Jul 2026
Median Rent:$3,500Median DOM:1New:7Total:33
Key Market Takeaways
Median sale prices moved higher this month while inventory compressed. Days on market lengthened, signaling slower buyer activity. Rental pricing remained stable, while total rental inventory increased.
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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