ZIP 98043 Housing Market Report
Northwest Seattle
Report period: May 2026
98043 Monthly Market Update – May 2026
ZIP 98043 · Last updated May 11, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$574,900
−2.4%
Median DOM (Sales)
18
+5.9%
New Listings (Sales)
10
−63.0%
Median Rent
$2,550
+10.9%
Median DOM (Rental)
14
−12.5%
Total Rental Listings
31
0.0%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market lengthened. Rents moved higher.
What's Moving Fastest
- Fastest selling: Manufactured (11 DOM)
- Fastest renting: Single Family (1 DOM)
- Strongest bedroom: 4 Beds ($850,000 median)
Sales Market Overview
Median Price
$574,900
−2.4%
Median DOM
18
+5.9%
New Listings
10
−63.0%
Inventory
78
+9.9%
- Average Price: $601,566
- Median Price: $574,900
- Price Range: $99,950 – $1,400,000
- Price per Sq Ft (Avg/Median): $430 / $424
- Square Footage (Avg/Median): 1,393 / 1,229
- Square Footage Range: 588 – 2,819
- Days on Market (Avg/Median): 33 / 18
- Days on Market Range: 4 – 324
- New Listings: 10
- Total Listings: 78
Sales by Property Type
Condo
Avg/Median Price$394,635 / $370,000Range$274,999 – $640,000Price per Sq Ft$400 / $401Sq Ft1,004 / 998DOM39 / 18New5Total33
Manufactured
Avg/Median Price$124,950 / $114,900Range$99,950 – $160,000Price per Sq Ft$137 / $143Sq Ft915 / 952DOM25 / 11New0Total3
Multi-Family
Avg/Median Price$850,000 / $850,000Range$850,000 – $850,000Price per Sq Ft$352 / $352Sq Ft2,417 / 2,417DOM26 / 26New0Total1
Single Family
Avg/Median Price$817,620 / $724,999Range$529,950 – $1,400,000Price per Sq Ft$485 / $473Sq Ft1,745 / 1,667DOM26 / 15New5Total38
Townhouse
Avg/Median Price$534,933 / $574,900Range$429,950 – $599,950Price per Sq Ft$392 / $388Sq Ft1,362 / 1,481DOM48 / 54New0Total3
Sales by Bedroom Count
1 Beds
Avg:$291,392Median:$280,000Range:$274,999 – $318,900PSF:$468 / $468Sq Ft:623 / 618DOM:26 / 11New:2Total:6
2 Beds
Avg:$379,939Median:$370,000Range:$99,950 – $625,000PSF:$386 / $389Sq Ft:972 / 952DOM:45 / 24New:2Total:23
3 Beds
Avg:$646,103Median:$629,000Range:$160,000 – $1,299,900PSF:$456 / $442Sq Ft:1,439 / 1,392DOM:29 / 15New:5Total:33
4 Beds
Avg:$966,062Median:$850,000Range:$550,000 – $1,400,000PSF:$433 / $445Sq Ft:2,210 / 2,417DOM:21 / 21New:1Total:13
5 Beds
Avg:$851,667Median:$830,000Range:$775,000 – $950,000PSF:$401 / $395Sq Ft:2,119 / 2,102DOM:45 / 40New:0Total:3
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $291,392 | $280,000 | $274,999 – $318,900 | $468 / $468 | 623 / 618 | 26 / 11 | 2 | 6 |
| 2 Beds | $379,939 | $370,000 | $99,950 – $625,000 | $386 / $389 | 972 / 952 | 45 / 24 | 2 | 23 |
| 3 Beds | $646,103 | $629,000 | $160,000 – $1,299,900 | $456 / $442 | 1,439 / 1,392 | 29 / 15 | 5 | 33 |
| 4 Beds | $966,062 | $850,000 | $550,000 – $1,400,000 | $433 / $445 | 2,210 / 2,417 | 21 / 21 | 1 | 13 |
| 5 Beds | $851,667 | $830,000 | $775,000 – $950,000 | $401 / $395 | 2,119 / 2,102 | 45 / 40 | 0 | 3 |
Rental Market Overview
Median Rent
$2,550
+10.9%
Median DOM
14
−12.5%
New Listings
5
Inventory
31
0.0%
- Average Rent: $2,646
- Median Rent: $2,550
- Rent Range: $900 – $8,552
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,126 / 1,050
- Square Footage Range: 400 – 2,857
- Days on Market (Avg/Median): 63 / 14
- Days on Market Range: 1 – 326
- New Listings: 5
- Total Listings: 31
Rentals by Property Type
Apartment
$1,900
Median DOM: 165
Inventory: 16
MoM: +10.9%
Condo
—
Median DOM: —
Inventory: —
MoM: +10.9%
Single Family
$2,900
Median DOM: 1
Inventory: 12
MoM: +10.9%
Townhouse
$2,895
Median DOM: 1
Inventory: 3
MoM: +10.9%
Apartment
Avg/Median Rent$2,409 / $1,900Range$1,499 – $8,552Rent per Sq Ft$3 / $3Sq Ft819 / 725DOM149 / 165New1Total16
Single Family
Avg/Median Rent$2,899 / $2,900Range$900 – $4,695Rent per Sq Ft$2 / $2Sq Ft1,491 / 1,388DOM28 / 1New3Total12
Townhouse
Avg/Median Rent$2,897 / $2,895Range$2,895 – $2,900Rent per Sq Ft$2 / $2Sq Ft1,330 / 1,409DOM5 / 1New1Total3
Rentals by Bedroom Count
Studio
Avg:$1,625Median:$1,625Range:$1,625 – $1,625PSF:$3 / $3Sq Ft:508 / 508DOM:208 / 208New:0Total:1
1 Beds
Avg:$1,653Median:$1,695Range:$900 – $2,062PSF:$3 / $3Sq Ft:720 / 650DOM:53 / 27New:0Total:9
2 Beds
Avg:$2,388Median:$2,550Range:$1,719 – $2,900PSF:$2 / $2Sq Ft:1,086 / 1,050DOM:88 / 11New:1Total:9
3 Beds
Avg:$3,648Median:$3,000Range:$2,200 – $8,552PSF:$3 / $2Sq Ft:1,242 / 1,388DOM:56 / 14New:1Total:9
4 Beds
Avg:$3,730Median:$3,595Range:$2,900 – $4,695PSF:$2 / $2Sq Ft:2,229 / 2,306DOM:1 / 1New:3Total:3
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,625 | $1,625 | $1,625 – $1,625 | $3 / $3 | 508 / 508 | 208 / 208 | 0 | 1 |
| 1 Beds | $1,653 | $1,695 | $900 – $2,062 | $3 / $3 | 720 / 650 | 53 / 27 | 0 | 9 |
| 2 Beds | $2,388 | $2,550 | $1,719 – $2,900 | $2 / $2 | 1,086 / 1,050 | 88 / 11 | 1 | 9 |
| 3 Beds | $3,648 | $3,000 | $2,200 – $8,552 | $3 / $2 | 1,242 / 1,388 | 56 / 14 | 1 | 9 |
| 4 Beds | $3,730 | $3,595 | $2,900 – $4,695 | $2 / $2 | 2,229 / 2,306 | 1 / 1 | 3 | 3 |
6-Month Sales Trend
Dec 2025
Median Price:$610,000Median DOM:64New:6Total:52
Jan 2026
Median Price:$598,500Median DOM:46New:19Total:50
Feb 2026
Median Price:$600,000Median DOM:16New:25Total:69
Mar 2026
Median Price:$595,000Median DOM:14New:26Total:69
Apr 2026
Median Price:$589,000Median DOM:17New:27Total:71
May 2026
Median Price:$574,900Median DOM:18New:10Total:78
6-Month Rental Trend
Dec 2025
Median Rent:$2,351Median DOM:15New:11Total:31
Jan 2026
Median Rent:$2,295Median DOM:1New:11Total:34
Feb 2026
Median Rent:$2,295Median DOM:21New:14Total:36
Mar 2026
Median Rent:$2,295Median DOM:7New:7Total:35
Apr 2026
Median Rent:$2,300Median DOM:16New:6Total:31
May 2026
Median Rent:$2,550Median DOM:14New:5Total:31
Key Market Takeaways
Median sale prices softened this month while inventory expanded. Days on market lengthened, signaling slower 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.
980019800298003980049800598006980079800898010980119801298014980199802098021980229802398024980259802698027980289802998030980319803298033980349803698037+65 more
← Back to Northwest Seattle