ZIP 98055 Housing Market Report
Northwest Seattle
Report period: May 2026
98055 Monthly Market Update – May 2026
ZIP 98055 · Last updated May 12, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$574,950
+1.4%
Median DOM (Sales)
30
+30.4%
New Listings (Sales)
4
−81.0%
Median Rent
$2,085
−3.0%
Median DOM (Rental)
5
+150.0%
Total Rental Listings
38
−5.0%
Month-over-Month Movement
Median sale prices moved higher. Days on market lengthened. Rents softened. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Single Family (20 DOM)
- Fastest renting: Single Family (1 DOM)
- Strongest bedroom: 5 Beds ($925,000 median)
Sales Market Overview
Median Price
$574,950
+1.4%
Median DOM
30
+30.4%
New Listings
4
−81.0%
Inventory
67
+1.5%
- Average Price: $609,008
- Median Price: $574,950
- Price Range: $249,800 – $1,299,800
- Price per Sq Ft (Avg/Median): $362 / $355
- Square Footage (Avg/Median): 1,689 / 1,580
- Square Footage Range: 696 – 3,345
- Days on Market (Avg/Median): 45 / 30
- Days on Market Range: 2 – 235
- New Listings: 4
- Total Listings: 67
Sales by Property Type
Condo
Avg/Median Price$376,547 / $349,950Range$249,800 – $567,000Price per Sq Ft$334 / $331Sq Ft1,132 / 1,056DOM47 / 32New1Total21
Land
Avg/Median Price$571,790 / $449,950Range$300,000 – $1,250,000Price per Sq Ft—Sq Ft—DOM112 / 82New0Total5
Single Family
Avg/Median Price$835,166 / $760,000Range$625,000 – $1,299,800Price per Sq Ft$387 / $400Sq Ft2,212 / 1,960DOM39 / 20New1Total27
Townhouse
Avg/Median Price$534,829 / $559,000Range$339,900 – $650,000Price per Sq Ft$355 / $352Sq Ft1,517 / 1,573DOM29 / 20New2Total14
Sales by Bedroom Count
1 Beds
Avg:$253,400Median:$249,800Range:$249,800 – $257,000PSF:$364 / $359Sq Ft:696 / 696DOM:5 / 4New:1Total:2
2 Beds
Avg:$395,645Median:$350,000Range:$279,000 – $599,900PSF:$339 / $332Sq Ft:1,156 / 1,063DOM:50 / 33New:1Total:21
3 Beds
Avg:$632,921Median:$625,000Range:$399,999 – $819,995PSF:$377 / $376Sq Ft:1,690 / 1,682DOM:24 / 19New:1Total:24
4 Beds
Avg:$901,199Median:$775,000Range:$697,000 – $1,274,800PSF:$373 / $359Sq Ft:2,462 / 2,518DOM:47 / 25New:1Total:12
5 Beds
Avg:$1,041,583Median:$925,000Range:$899,950 – $1,299,800PSF:$349 / $352Sq Ft:2,979 / 3,080DOM:97 / 44New:0Total:3
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $253,400 | $249,800 | $249,800 – $257,000 | $364 / $359 | 696 / 696 | 5 / 4 | 1 | 2 |
| 2 Beds | $395,645 | $350,000 | $279,000 – $599,900 | $339 / $332 | 1,156 / 1,063 | 50 / 33 | 1 | 21 |
| 3 Beds | $632,921 | $625,000 | $399,999 – $819,995 | $377 / $376 | 1,690 / 1,682 | 24 / 19 | 1 | 24 |
| 4 Beds | $901,199 | $775,000 | $697,000 – $1,274,800 | $373 / $359 | 2,462 / 2,518 | 47 / 25 | 1 | 12 |
| 5 Beds | $1,041,583 | $925,000 | $899,950 – $1,299,800 | $349 / $352 | 2,979 / 3,080 | 97 / 44 | 0 | 3 |
Rental Market Overview
Median Rent
$2,085
−3.0%
Median DOM
5
+150.0%
New Listings
5
Inventory
38
−5.0%
- Average Rent: $2,396
- Median Rent: $2,085
- Rent Range: $1,395 – $4,668
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,163 / 904
- Square Footage Range: 448 – 2,890
- Days on Market (Avg/Median): 55 / 5
- Days on Market Range: 1 – 342
- New Listings: 5
- Total Listings: 38
Rentals by Property Type
Apartment
$1,720
Median DOM: 170
Inventory: 20
MoM: −3.0%
Condo
$2,100
Median DOM: 14
Inventory: 6
MoM: −3.0%
Single Family
$3,200
Median DOM: 1
Inventory: 10
MoM: −3.0%
Townhouse
$2,995
Median DOM: 176
Inventory: 1
MoM: −3.0%
Apartment
Avg/Median Rent$1,830 / $1,720Range$1,395 – $2,750Rent per Sq Ft$2 / $2Sq Ft806 / 708DOM191 / 170New0Total20
Condo
Avg/Median Rent$2,465 / $2,100Range$1,935 – $3,206Rent per Sq Ft$2 / $2Sq Ft1,155 / 967DOM32 / 14New1Total6
Multi-Family
Avg/Median Rent$2,195 / $2,195Range$2,195 – $2,195Rent per Sq Ft$2 / $2Sq Ft1,120 / 1,120DOM10 / 10New0Total1
Single Family
Avg/Median Rent$3,448 / $3,200Range$1,925 – $4,668Rent per Sq Ft$2 / $2Sq Ft1,803 / 1,690DOM6 / 1New4Total10
Townhouse
Avg/Median Rent$2,995 / $2,995Range$2,995 – $2,995Rent per Sq Ft$2 / $2Sq Ft1,975 / 1,975DOM176 / 176New0Total1
Rentals by Bedroom Count
Studio
Avg:$1,666Median:$1,666Range:$1,666 – $1,666PSF:$4 / $4Sq Ft:448 / 448DOM:—New:0Total:1
1 Beds
Avg:$1,781Median:$1,690Range:$1,395 – $3,206PSF:$2 / $2Sq Ft:706 / 706DOM:210 / 170New:0Total:16
2 Beds
Avg:$2,259Median:$2,100Range:$1,925 – $2,995PSF:$2 / $2Sq Ft:1,005 / 982DOM:22 / 14New:2Total:10
3 Beds
Avg:$2,988Median:$3,000Range:$2,600 – $3,200PSF:$2 / $2Sq Ft:1,586 / 1,593DOM:6 / 1New:1Total:4
4 Beds
Avg:$3,676Median:$3,500Range:$2,950 – $4,668PSF:$2 / $2Sq Ft:2,068 / 2,030DOM:31 / 1New:2Total:6
5 Beds
Avg:$4,300Median:$4,300Range:$4,300 – $4,300PSF:$1 / $1Sq Ft:2,890 / 2,890DOM:1 / 1New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,666 | $1,666 | $1,666 – $1,666 | $4 / $4 | 448 / 448 | — | 0 | 1 |
| 1 Beds | $1,781 | $1,690 | $1,395 – $3,206 | $2 / $2 | 706 / 706 | 210 / 170 | 0 | 16 |
| 2 Beds | $2,259 | $2,100 | $1,925 – $2,995 | $2 / $2 | 1,005 / 982 | 22 / 14 | 2 | 10 |
| 3 Beds | $2,988 | $3,000 | $2,600 – $3,200 | $2 / $2 | 1,586 / 1,593 | 6 / 1 | 1 | 4 |
| 4 Beds | $3,676 | $3,500 | $2,950 – $4,668 | $2 / $2 | 2,068 / 2,030 | 31 / 1 | 2 | 6 |
| 5 Beds | $4,300 | $4,300 | $4,300 – $4,300 | $1 / $1 | 2,890 / 2,890 | 1 / 1 | 0 | 1 |
6-Month Sales Trend
Dec 2025
Median Price:$585,000Median DOM:56New:3Total:46
Jan 2026
Median Price:$630,000Median DOM:23New:26Total:54
Feb 2026
Median Price:$560,000Median DOM:16New:16Total:60
Mar 2026
Median Price:$550,000Median DOM:21New:22Total:60
Apr 2026
Median Price:$567,000Median DOM:23New:21Total:66
May 2026
Median Price:$574,950Median DOM:30New:4Total:67
6-Month Rental Trend
Dec 2025
Median Rent:$1,995Median DOM:38New:11Total:47
Jan 2026
Median Rent:$2,100Median DOM:13New:10Total:42
Feb 2026
Median Rent:$2,100Median DOM:7New:12Total:46
Mar 2026
Median Rent:$2,195Median DOM:7New:12Total:42
Apr 2026
Median Rent:$2,150Median DOM:2New:6Total:40
May 2026
Median Rent:$2,085Median DOM:5New:5Total:38
Key Market Takeaways
Median sale prices moved higher this month while inventory expanded. Days on market lengthened, signaling slower buyer activity. Rental pricing eased, 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.
980019800298003980049800598006980079800898010980119801298014980199802098021980229802398024980259802698027980289802998030980319803298033980349803698037+65 more
← Back to Northwest Seattle