ZIP 98050 Housing Market Report
Northwest Seattle
Report period: May 2026
98050 Monthly Market Update – May 2026
ZIP 98050 · Last updated May 11, 2026 · Data range Jan 2026 – May 2026
Executive Snapshot
Median Sale Price
$2,095,000
−4.6%
Median DOM (Sales)
113
+10.8%
New Listings (Sales)
0
0
Median Rent
—
—
Median DOM (Rental)
—
—
Total Rental Listings
—
—
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market lengthened.
What's Moving Fastest
- Fastest selling: Single Family (113 DOM)
- Fastest renting: Apartment (9 DOM)
- Strongest bedroom: 5 Beds ($2,095,000 median)
Sales Market Overview
Median Price
$2,095,000
−4.6%
Median DOM
113
+10.8%
New Listings
0
0
Inventory
1
0.0%
- Average Price: $2,095,000
- Median Price: $2,095,000
- Price Range: $2,095,000 – $2,095,000
- Price per Sq Ft (Avg/Median): $600 / $600
- Square Footage (Avg/Median): 3,490 / 3,490
- Square Footage Range: 3,490 – 3,490
- Days on Market (Avg/Median): 113 / 113
- Days on Market Range: 113 – 113
- New Listings: 0
- Total Listings: 1
Sales by Property Type
Single Family
Avg/Median Price$2,095,000 / $2,095,000Range$2,095,000 – $2,095,000Price per Sq Ft$600 / $600Sq Ft3,490 / 3,490DOM113 / 113New0Total1
Sales by Bedroom Count
5 Beds
Avg:$2,095,000Median:$2,095,000Range:$2,095,000 – $2,095,000PSF:$600 / $600Sq Ft:3,490 / 3,490DOM:113 / 113New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 5 Beds | $2,095,000 | $2,095,000 | $2,095,000 – $2,095,000 | $600 / $600 | 3,490 / 3,490 | 113 / 113 | 0 | 1 |
Rental Market Overview
Median Rent
$3,995
—
Median DOM
9
—
New Listings
0
Inventory
1
—
- Average Rent: $3,995
- Median Rent: $3,995
- Rent Range: $3,995 – $3,995
- Rent per Sq Ft (Avg/Median): $1 / $1
- Square Footage (Avg/Median): 3,250 / 3,250
- Square Footage Range: 3,250 – 3,250
- Days on Market (Avg/Median): 9 / 9
- Days on Market Range: 9 – 9
- New Listings: 0
- Total Listings: 1
Rentals by Property Type
Apartment
$3,995
Median DOM: 9
Inventory: 1
MoM: —
Condo
—
Median DOM: —
Inventory: —
MoM: —
Single Family
—
Median DOM: —
Inventory: —
MoM: —
Townhouse
—
Median DOM: —
Inventory: —
MoM: —
Apartment
Avg/Median Rent$3,995 / $3,995Range$3,995 – $3,995Rent per Sq Ft$1 / $1Sq Ft3,250 / 3,250DOM9 / 9New0Total1
Rentals by Bedroom Count
4 Beds
Avg:$3,995Median:$3,995Range:$3,995 – $3,995PSF:$1 / $1Sq Ft:3,250 / 3,250DOM:9 / 9New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 4 Beds | $3,995 | $3,995 | $3,995 – $3,995 | $1 / $1 | 3,250 / 3,250 | 9 / 9 | 0 | 1 |
6-Month Sales Trend
Jan 2026
Median Price:$2,395,000Median DOM:13New:1Total:1
Feb 2026
Median Price:$2,295,000Median DOM:31New:0Total:2
Mar 2026
Median Price:$2,195,000Median DOM:31New:0Total:2
Apr 2026
Median Price:$2,195,000Median DOM:102New:0Total:1
May 2026
Median Price:$2,095,000Median DOM:113New:0Total:1
6-Month Rental Trend
Trend data unavailable.
Key Market Takeaways
Median sale prices softened this month while inventory remained stable. Days on market lengthened, signaling slower buyer activity. Rental pricing remained stable, 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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