ZIP 98045 Housing Market Report
Northwest Seattle
Report period: August 2026
98045 Monthly Market Update – August 2026
ZIP 98045 · Last updated Aug 10, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$975,000
−2.4%
Median DOM (Sales)
23
+4.5%
New Listings (Sales)
8
−81.0%
Median Rent
$3,119
+7.7%
Median DOM (Rental)
14
+250.0%
Total Rental Listings
15
−6.3%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market lengthened. Rents moved higher. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Multi-Family (8 DOM)
- Fastest renting: Single Family (1 DOM)
- Strongest bedroom: 6 Beds ($1,424,995 median)
Sales Market Overview
Median Price
$975,000
−2.4%
Median DOM
23
+4.5%
New Listings
8
−81.0%
Inventory
140
+0.7%
- Average Price: $1,139,176
- Median Price: $975,000
- Price Range: $64,000 – $3,450,000
- Price per Sq Ft (Avg/Median): $515 / $493
- Square Footage (Avg/Median): 2,399 / 2,310
- Square Footage Range: 265 – 7,270
- Days on Market (Avg/Median): 47 / 23
- Days on Market Range: 2 – 351
- New Listings: 8
- Total Listings: 140
Sales by Property Type
Condo
Avg/Median Price$642,537 / $699,900Range$279,950 – $899,900Price per Sq Ft$618 / $551Sq Ft1,141 / 1,434DOM37 / 29New2Total15
Land
Avg/Median Price$650,850 / $799,950Range$64,000 – $1,750,000Price per Sq Ft—Sq Ft—DOM150 / 123New0Total7
Manufactured
Avg/Median Price$506,583 / $650,000Range$134,500 – $725,000Price per Sq Ft$396 / $377Sq Ft1,236 / 1,056DOM76 / 23New0Total6
Multi-Family
Avg/Median Price$839,900 / $839,900Range$839,900 – $839,900Price per Sq Ft$402 / $402Sq Ft2,090 / 2,090DOM8 / 8New1Total1
Single Family
Avg/Median Price$1,328,564 / $1,280,000Range$549,995 – $3,450,000Price per Sq Ft$508 / $482Sq Ft2,756 / 2,830DOM39 / 20New5Total99
Townhouse
Avg/Median Price$823,625 / $775,000Range$699,900 – $975,000Price per Sq Ft$508 / $516Sq Ft1,633 / 1,470DOM53 / 24New0Total12
Sales by Bedroom Count
Studio
Avg:$279,950Median:$279,950Range:$279,950 – $279,950PSF:$1,056 / $1,056Sq Ft:265 / 265DOM:60 / 60New:0Total:1
1 Beds
Avg:$457,760Median:$425,000Range:$419,000 – $594,900PSF:$769 / $773Sq Ft:604 / 600DOM:56 / 29New:1Total:5
2 Beds
Avg:$596,125Median:$205,000Range:$134,500 – $1,495,000PSF:$404 / $194Sq Ft:1,268 / 903DOM:26 / 10New:1Total:4
3 Beds
Avg:$911,400Median:$784,900Range:$549,995 – $3,450,000PSF:$553 / $547Sq Ft:1,727 / 1,454DOM:46 / 22New:4Total:54
4 Beds
Avg:$1,405,570Median:$1,265,000Range:$775,000 – $3,150,000PSF:$472 / $479Sq Ft:2,994 / 2,920DOM:40 / 25New:0Total:35
5 Beds
Avg:$1,623,056Median:$1,379,995Range:$990,000 – $3,250,000PSF:$462 / $452Sq Ft:3,527 / 2,870DOM:46 / 23New:0Total:18
6 Beds
Avg:$1,396,873Median:$1,424,995Range:$839,900 – $1,574,995PSF:$454 / $458Sq Ft:3,071 / 3,012DOM:23 / 16New:2Total:16
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $279,950 | $279,950 | $279,950 – $279,950 | $1,056 / $1,056 | 265 / 265 | 60 / 60 | 0 | 1 |
| 1 Beds | $457,760 | $425,000 | $419,000 – $594,900 | $769 / $773 | 604 / 600 | 56 / 29 | 1 | 5 |
| 2 Beds | $596,125 | $205,000 | $134,500 – $1,495,000 | $404 / $194 | 1,268 / 903 | 26 / 10 | 1 | 4 |
| 3 Beds | $911,400 | $784,900 | $549,995 – $3,450,000 | $553 / $547 | 1,727 / 1,454 | 46 / 22 | 4 | 54 |
| 4 Beds | $1,405,570 | $1,265,000 | $775,000 – $3,150,000 | $472 / $479 | 2,994 / 2,920 | 40 / 25 | 0 | 35 |
| 5 Beds | $1,623,056 | $1,379,995 | $990,000 – $3,250,000 | $462 / $452 | 3,527 / 2,870 | 46 / 23 | 0 | 18 |
| 6 Beds | $1,396,873 | $1,424,995 | $839,900 – $1,574,995 | $454 / $458 | 3,071 / 3,012 | 23 / 16 | 2 | 16 |
Rental Market Overview
Median Rent
$3,119
+7.7%
Median DOM
14
+250.0%
New Listings
0
Inventory
15
−6.3%
- Average Rent: $3,030
- Median Rent: $3,119
- Rent Range: $1,100 – $5,573
- Rent per Sq Ft (Avg/Median): $3 / $2
- Square Footage (Avg/Median): 1,121 / 900
- Square Footage Range: 250 – 2,280
- Days on Market (Avg/Median): 36 / 14
- Days on Market Range: 1 – 181
- New Listings: 0
- Total Listings: 15
Rentals by Property Type
Apartment
$2,595
Median DOM: 26
Inventory: 8
MoM: +7.7%
Condo
$3,600
Median DOM: 88
Inventory: 1
MoM: +7.7%
Single Family
$3,195
Median DOM: 1
Inventory: 6
MoM: +7.7%
Townhouse
—
Median DOM: —
Inventory: —
MoM: +7.7%
Apartment
Avg/Median Rent$2,789 / $2,595Range$1,100 – $5,573Rent per Sq Ft$3 / $3Sq Ft831 / 835DOM54 / 26New0Total8
Condo
Avg/Median Rent$3,600 / $3,600Range$3,600 – $3,600Rent per Sq Ft$2 / $2Sq Ft1,800 / 1,800DOM88 / 88New0Total1
Single Family
Avg/Median Rent$3,257 / $3,195Range$1,550 – $4,895Rent per Sq Ft$2 / $2Sq Ft1,460 / 1,310DOM12 / 1New0Total6
Rentals by Bedroom Count
Studio
Avg:$1,398Median:$1,100Range:$1,100 – $1,695PSF:$4 / $3Sq Ft:375 / 250DOM:14 / 2New:0Total:2
1 Beds
Avg:$2,332Median:$2,250Range:$1,550 – $2,850PSF:$3 / $3Sq Ft:651 / 649DOM:8 / 1New:0Total:4
2 Beds
Avg:$3,163Median:$3,200Range:$2,595 – $3,600PSF:$2 / $2Sq Ft:1,433 / 1,407DOM:78 / 40New:0Total:5
3 Beds
Avg:$4,206Median:$3,850Range:$3,195 – $5,573PSF:$2 / $2Sq Ft:1,795 / 1,310DOM:8 / 1New:0Total:3
5 Beds
Avg:$4,895Median:$4,895Range:$4,895 – $4,895PSF:—Sq Ft:—DOM:54 / 54New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,398 | $1,100 | $1,100 – $1,695 | $4 / $3 | 375 / 250 | 14 / 2 | 0 | 2 |
| 1 Beds | $2,332 | $2,250 | $1,550 – $2,850 | $3 / $3 | 651 / 649 | 8 / 1 | 0 | 4 |
| 2 Beds | $3,163 | $3,200 | $2,595 – $3,600 | $2 / $2 | 1,433 / 1,407 | 78 / 40 | 0 | 5 |
| 3 Beds | $4,206 | $3,850 | $3,195 – $5,573 | $2 / $2 | 1,795 / 1,310 | 8 / 1 | 0 | 3 |
| 5 Beds | $4,895 | $4,895 | $4,895 – $4,895 | — | — | 54 / 54 | 0 | 1 |
6-Month Sales Trend
Mar 2026
Median Price:$1,150,000Median DOM:25New:36Total:90
Apr 2026
Median Price:$1,100,000Median DOM:22New:41Total:112
May 2026
Median Price:$1,050,000Median DOM:30New:37Total:124
Jun 2026
Median Price:$975,000Median DOM:22New:60Total:138
Jul 2026
Median Price:$999,000Median DOM:22New:42Total:139
Aug 2026
Median Price:$975,000Median DOM:23New:8Total:140
6-Month Rental Trend
Mar 2026
Median Rent:$2,957Median DOM:8New:2Total:14
Apr 2026
Median Rent:$3,099Median DOM:23New:5Total:14
May 2026
Median Rent:$3,200Median DOM:2New:5Total:14
Jun 2026
Median Rent:$3,395Median DOM:2New:5Total:14
Jul 2026
Median Rent:$2,895Median DOM:4New:6Total:16
Aug 2026
Median Rent:$3,119Median DOM:14New:0Total:15
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 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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