ZIP 98053 Housing Market Report

Northwest Seattle

Report period: August 2026

98053 Monthly Market Update – August 2026

ZIP 98053 · Last updated Aug 10, 2026 · Data range Mar 2026 – Aug 2026

Executive Snapshot

Median Sale Price
$1,398,500
−3.2%
Median DOM (Sales)
45
+25.0%
New Listings (Sales)
8
−83.7%
Median Rent
$3,995
0.0%
Median DOM (Rental)
4
−20.0%
Total Rental Listings
25
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: Manufactured (34 DOM)
  • Fastest renting: Manufactured (4 DOM)
  • Strongest bedroom: 5 Beds ($3,095,000 median)

Sales Market Overview

Median Price
$1,398,500
−3.2%
Median DOM
45
+25.0%
New Listings
8
−83.7%
Inventory
177
+1.1%
  • Average Price: $1,565,677
  • Median Price: $1,398,500
  • Price Range: $150,000 – $5,485,000
  • Price per Sq Ft (Avg/Median): $589 / $594
  • Square Footage (Avg/Median): 2,810 / 2,520
  • Square Footage Range: 854 – 8,045
  • Days on Market (Avg/Median): 51 / 45
  • Days on Market Range: 1 – 199
  • New Listings: 8
  • Total Listings: 177

Sales by Property Type

Condo
Avg/Median Price$646,482 / $649,900Range$499,900 – $720,000Price per Sq Ft$494 / $474Sq Ft1,314 / 1,282DOM57 / 47New0Total11
Land
Avg/Median Price$709,992 / $700,000Range$150,000 – $1,625,000Price per Sq FtSq FtDOM65 / 49New0Total13
Manufactured
Avg/Median Price$668,167 / $659,500Range$620,000 – $725,000Price per Sq Ft$605 / $535Sq Ft1,175 / 1,232DOM51 / 34New0Total3
Single Family
Avg/Median Price$1,776,311 / $1,499,000Range$639,144 – $5,485,000Price per Sq Ft$596 / $601Sq Ft3,040 / 2,740DOM48 / 38New8Total142
Townhouse
Avg/Median Price$817,875 / $830,000Range$556,000 – $988,000Price per Sq Ft$597 / $576Sq Ft1,386 / 1,370DOM62 / 59New0Total8

Sales by Bedroom Count

2 Beds
Avg:$1,120,280Median:$1,135,000Range:$499,900 – $1,799,000PSF:$659 / $666Sq Ft:1,692 / 1,680DOM:51 / 45New:3Total:35
3 Beds
Avg:$1,203,384Median:$1,100,000Range:$565,000 – $2,345,000PSF:$564 / $548Sq Ft:2,169 / 2,044DOM:47 / 34New:2Total:52
4 Beds
Avg:$2,022,924Median:$1,899,000Range:$998,000 – $5,485,000PSF:$574 / $568Sq Ft:3,522 / 3,310DOM:50 / 42New:2Total:64
5 Beds
Avg:$2,928,500Median:$3,095,000Range:$1,388,000 – $3,988,000PSF:$592 / $594Sq Ft:4,998 / 4,770DOM:54 / 45New:1Total:12
6 Beds
Avg:$1,499,999Median:$1,499,999Range:$1,499,999 – $1,499,999PSF:$445 / $445Sq Ft:3,370 / 3,370DOM:61 / 61New:0Total:1

Rental Market Overview

Median Rent
$3,995
0.0%
Median DOM
4
−20.0%
New Listings
4
Inventory
25
0.0%
  • Average Rent: $4,156
  • Median Rent: $3,995
  • Rent Range: $1,925 – $6,900
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 2,194 / 2,290
  • Square Footage Range: 633 – 3,880
  • Days on Market (Avg/Median): 11 / 4
  • Days on Market Range: 1 – 34
  • New Listings: 4
  • Total Listings: 25

Rentals by Property Type

Apartment
$1,925
Median DOM:
Inventory: 2
MoM: 0.0%
Condo
Median DOM:
Inventory:
MoM: 0.0%
Single Family
$4,199
Median DOM: 5
Inventory: 22
MoM: 0.0%
Townhouse
Median DOM:
Inventory:
MoM: 0.0%
Apartment
Avg/Median Rent$1,953 / $1,925Range$1,925 – $1,981Rent per Sq Ft$3 / $3Sq Ft692 / 633DOMNew0Total2
Manufactured
Avg/Median Rent$3,250 / $3,250Range$3,250 – $3,250Rent per Sq Ft$4 / $4Sq Ft854 / 854DOM4 / 4New0Total1
Single Family
Avg/Median Rent$4,398 / $4,199Range$2,850 – $6,900Rent per Sq Ft$2 / $2Sq Ft2,391 / 2,330DOM11 / 5New4Total22

Rentals by Bedroom Count

1 Beds
Avg:$2,252Median:$1,981Range:$1,925 – $2,850PSF:$3 / $3Sq Ft:795 / 752DOM:1 / 1New:1Total:3
2 Beds
Avg:$3,450Median:$3,250Range:$3,250 – $3,650PSF:$3 / $2Sq Ft:1,207 / 854DOM:3 / 1New:0Total:2
3 Beds
Avg:$3,958Median:$3,800Range:$2,950 – $5,500PSF:$2 / $2Sq Ft:2,006 / 2,025DOM:9 / 1New:1Total:12
4 Beds
Avg:$5,092Median:$4,850Range:$3,955 – $6,000PSF:$2 / $2Sq Ft:3,082 / 3,040DOM:24 / 24New:0Total:6
5 Beds
Avg:$6,100Median:$5,300Range:$5,300 – $6,900PSF:$2 / $1Sq Ft:3,745 / 3,610DOM:1 / 1New:2Total:2

6-Month Sales Trend

Mar 2026
Median Price:$1,585,450Median DOM:18New:44Total:98
Apr 2026
Median Price:$1,499,000Median DOM:22New:49Total:121
May 2026
Median Price:$1,500,000Median DOM:24New:66Total:163
Jun 2026
Median Price:$1,493,600Median DOM:33New:52Total:168
Jul 2026
Median Price:$1,445,000Median DOM:36New:49Total:175
Aug 2026
Median Price:$1,398,500Median DOM:45New:8Total:177

6-Month Rental Trend

Mar 2026
Median Rent:$3,600Median DOM:1New:5Total:17
Apr 2026
Median Rent:$3,650Median DOM:2New:6Total:13
May 2026
Median Rent:$3,955Median DOM:3New:6Total:17
Jun 2026
Median Rent:$3,955Median DOM:7New:8Total:17
Jul 2026
Median Rent:$3,995Median DOM:5New:13Total:25
Aug 2026
Median Rent:$3,995Median DOM:4New:4Total:25

Key Market Takeaways

Median sale prices softened this month while inventory expanded. 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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