ZIP 98051 Housing Market Report

Northwest Seattle

Report period: July 2026

98051 Monthly Market Update – July 2026

ZIP 98051 · Last updated Jul 12, 2026 · Data range Feb 2026 – Jul 2026

Executive Snapshot

Median Sale Price
$921,000
−5.1%
Median DOM (Sales)
58
+7.4%
New Listings (Sales)
5
−44.4%
Median Rent
$800
0.0%
Median DOM (Rental)
1
0.0%
Total Rental Listings
2
0.0%

Month-over-Month Movement

Median sale prices eased compared to last month. Days on market lengthened. Rents were stable.

What's Moving Fastest

  • Fastest selling: Single Family (45 DOM)
  • Fastest renting: Single Family (1 DOM)
  • Strongest bedroom: 5 Beds ($2,500,000 median)

Sales Market Overview

Median Price
$921,000
−5.1%
Median DOM
58
+7.4%
New Listings
5
−44.4%
Inventory
46
0.0%
  • Average Price: $1,150,432
  • Median Price: $921,000
  • Price Range: $9,500 – $2,850,000
  • Price per Sq Ft (Avg/Median): $403 / $403
  • Square Footage (Avg/Median): 3,242 / 2,960
  • Square Footage Range: 1,160 – 9,080
  • Days on Market (Avg/Median): 68 / 58
  • Days on Market Range: 3 – 348
  • New Listings: 5
  • Total Listings: 46

Sales by Property Type

Land
Avg/Median Price$421,062 / $250,000Range$9,500 – $1,750,000Price per Sq FtSq FtDOM100 / 113New0Total8
Manufactured
Avg/Median Price$538,750 / $420,000Range$350,000 – $750,000Price per Sq Ft$379 / $336Sq Ft1,441 / 1,293DOM124 / 70New1Total4
Single Family
Avg/Median Price$1,394,011 / $1,200,000Range$245,000 – $2,850,000Price per Sq Ft$406 / $403Sq Ft3,454 / 3,330DOM53 / 45New4Total34

Sales by Bedroom Count

2 Beds
Avg:$527,500Median:$420,000Range:$420,000 – $635,000PSF:$442 / $336Sq Ft:1,205 / 1,160DOM:203 / 58New:0Total:2
3 Beds
Avg:$769,760Median:$750,000Range:$245,000 – $1,200,000PSF:$372 / $403Sq Ft:2,142 / 2,000DOM:58 / 65New:3Total:15
4 Beds
Avg:$1,663,888Median:$1,699,000Range:$850,000 – $2,595,000PSF:$431 / $420Sq Ft:3,827 / 3,850DOM:53 / 39New:1Total:18
5 Beds
Avg:$2,333,333Median:$2,500,000Range:$1,650,000 – $2,850,000PSF:$363 / $378Sq Ft:6,584 / 6,308DOM:26 / 30New:1Total:3

Rental Market Overview

Median Rent
$800
0.0%
Median DOM
1
0.0%
New Listings
0
Inventory
2
0.0%
  • Average Rent: $2,325
  • Median Rent: $800
  • Rent Range: $800 – $3,850
  • Rent per Sq Ft (Avg/Median): $1 / $1
  • Square Footage (Avg/Median): 1,500 / 800
  • Square Footage Range: 800 – 2,200
  • Days on Market (Avg/Median): 87 / 1
  • Days on Market Range: 1 – 173
  • New Listings: 0
  • Total Listings: 2

Rentals by Property Type

Apartment
$800
Median DOM: 173
Inventory: 1
MoM: 0.0%
Condo
Median DOM:
Inventory:
MoM: 0.0%
Single Family
$3,850
Median DOM: 1
Inventory: 1
MoM: 0.0%
Townhouse
Median DOM:
Inventory:
MoM: 0.0%
Apartment
Avg/Median Rent$800 / $800Range$800 – $800Rent per Sq Ft$1 / $1Sq Ft800 / 800DOM173 / 173New0Total1
Single Family
Avg/Median Rent$3,850 / $3,850Range$3,850 – $3,850Rent per Sq Ft$2 / $2Sq Ft2,200 / 2,200DOM1 / 1New0Total1

Rentals by Bedroom Count

1 Beds
Avg:$800Median:$800Range:$800 – $800PSF:$1 / $1Sq Ft:800 / 800DOM:173 / 173New:0Total:1
2 Beds
Avg:$3,850Median:$3,850Range:$3,850 – $3,850PSF:$2 / $2Sq Ft:2,200 / 2,200DOM:1 / 1New:0Total:1

6-Month Sales Trend

Feb 2026
Median Price:$695,000Median DOM:30New:13Total:30
Mar 2026
Median Price:$650,000Median DOM:34New:10Total:33
Apr 2026
Median Price:$695,000Median DOM:43New:11Total:42
May 2026
Median Price:$939,900Median DOM:37New:14Total:53
Jun 2026
Median Price:$970,000Median DOM:54New:9Total:46
Jul 2026
Median Price:$921,000Median DOM:58New:5Total:46

6-Month Rental Trend

Feb 2026
Median Rent:$900Median DOM:1New:0Total:2
Mar 2026
Median Rent:$900Median DOM:1New:1Total:2
Apr 2026
Median Rent:$1,525Median DOM:1New:1Total:3
May 2026
Median Rent:$850Median DOM:1New:1Total:2
Jun 2026
Median Rent:$800Median DOM:1New:0Total:2
Jul 2026
Median Rent:$800Median DOM:1New:0Total:2

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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