ZIP 98055 Housing Market Report
Northwest Seattle
Report period: August 2026
98055 Monthly Market Update – August 2026
ZIP 98055 · Last updated Aug 11, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$567,000
+0.9%
Median DOM (Sales)
39
+8.3%
New Listings (Sales)
11
−60.7%
Median Rent
$2,370
−2.4%
Median DOM (Rental)
1
0.0%
Total Rental Listings
48
−4.0%
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 (32 DOM)
- Fastest renting: Condo (1 DOM)
- Strongest bedroom: 5 Beds ($865,000 median)
Sales Market Overview
Median Price
$567,000
+0.9%
Median DOM
39
+8.3%
New Listings
11
−60.7%
Inventory
110
+3.8%
- Average Price: $603,003
- Median Price: $567,000
- Price Range: $229,800 – $1,250,000
- Price per Sq Ft (Avg/Median): $354 / $336
- Square Footage (Avg/Median): 1,728 / 1,599
- Square Footage Range: 696 – 3,345
- Days on Market (Avg/Median): 55 / 39
- Days on Market Range: 2 – 326
- New Listings: 11
- Total Listings: 110
Sales by Property Type
Condo
Avg/Median Price$372,233 / $365,000Range$229,800 – $630,000Price per Sq Ft$336 / $331Sq Ft1,119 / 1,063DOM60 / 53New2Total35
Land
Avg/Median Price$614,738 / $349,950Range$330,000 – $1,250,000Price per Sq Ft—Sq Ft—DOM172 / 148New0Total4
Single Family
Avg/Median Price$807,527 / $750,000Range$460,000 – $1,249,800Price per Sq Ft$376 / $363Sq Ft2,249 / 2,190DOM40 / 32New7Total50
Townhouse
Avg/Median Price$498,426 / $499,950Range$309,999 – $650,000Price per Sq Ft$333 / $324Sq Ft1,503 / 1,593DOM57 / 43New2Total21
Sales by Bedroom Count
1 Beds
Avg:$306,200Median:$250,000Range:$229,800 – $395,000PSF:$360 / $333Sq Ft:841 / 750DOM:65 / 67New:0Total:4
2 Beds
Avg:$378,279Median:$359,000Range:$230,000 – $585,000PSF:$341 / $328Sq Ft:1,115 / 1,063DOM:57 / 46New:2Total:34
3 Beds
Avg:$616,582Median:$607,500Range:$365,000 – $1,199,000PSF:$376 / $352Sq Ft:1,689 / 1,610DOM:47 / 34New:5Total:37
4 Beds
Avg:$849,599Median:$798,000Range:$630,000 – $1,199,888PSF:$350 / $337Sq Ft:2,456 / 2,521DOM:47 / 34New:3Total:22
5 Beds
Avg:$943,812Median:$865,000Range:$624,950 – $1,249,800PSF:$326 / $325Sq Ft:2,880 / 2,864DOM:39 / 11New:1Total:8
6 Beds
Avg:$729,900Median:$729,900Range:$729,900 – $729,900PSF:$308 / $308Sq Ft:2,370 / 2,370DOM:21 / 21New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $306,200 | $250,000 | $229,800 – $395,000 | $360 / $333 | 841 / 750 | 65 / 67 | 0 | 4 |
| 2 Beds | $378,279 | $359,000 | $230,000 – $585,000 | $341 / $328 | 1,115 / 1,063 | 57 / 46 | 2 | 34 |
| 3 Beds | $616,582 | $607,500 | $365,000 – $1,199,000 | $376 / $352 | 1,689 / 1,610 | 47 / 34 | 5 | 37 |
| 4 Beds | $849,599 | $798,000 | $630,000 – $1,199,888 | $350 / $337 | 2,456 / 2,521 | 47 / 34 | 3 | 22 |
| 5 Beds | $943,812 | $865,000 | $624,950 – $1,249,800 | $326 / $325 | 2,880 / 2,864 | 39 / 11 | 1 | 8 |
| 6 Beds | $729,900 | $729,900 | $729,900 – $729,900 | $308 / $308 | 2,370 / 2,370 | 21 / 21 | 0 | 1 |
Rental Market Overview
Median Rent
$2,370
−2.4%
Median DOM
1
0.0%
New Listings
11
Inventory
48
−4.0%
- Average Rent: $2,592
- Median Rent: $2,370
- Rent Range: $1,195 – $7,500
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,210 / 982
- Square Footage Range: 473 – 2,641
- Days on Market (Avg/Median): 29 / 1
- Days on Market Range: 1 – 340
- New Listings: 11
- Total Listings: 48
Rentals by Property Type
Apartment
$1,745
Median DOM: 260
Inventory: 17
MoM: −2.4%
Condo
$1,350
Median DOM: 1
Inventory: 2
MoM: −2.4%
Single Family
$3,100
Median DOM: 1
Inventory: 26
MoM: −2.4%
Townhouse
$2,999
Median DOM: 1
Inventory: 3
MoM: −2.4%
Apartment
Avg/Median Rent$1,824 / $1,745Range$1,395 – $2,550Rent per Sq Ft$2 / $2Sq Ft747 / 708DOM300 / 260New0Total17
Condo
Avg/Median Rent$1,572 / $1,350Range$1,350 – $1,795Rent per Sq Ft$2 / $2Sq Ft798 / 692DOM1 / 1New0Total2
Single Family
Avg/Median Rent$3,121 / $3,100Range$1,195 – $7,500Rent per Sq Ft$2 / $2Sq Ft1,487 / 1,520DOM14 / 1New10Total26
Townhouse
Avg/Median Rent$3,031 / $2,999Range$2,900 – $3,195Rent per Sq Ft$2 / $2Sq Ft1,700 / 1,660DOM1 / 1New1Total3
Rentals by Bedroom Count
Studio
Avg:$1,418Median:$1,195Range:$1,195 – $1,641PSF:$3 / $2Sq Ft:486 / 473DOM:169 / 169New:0Total:2
1 Beds
Avg:$1,631Median:$1,595Range:$1,350 – $2,055PSF:$2 / $2Sq Ft:707 / 692DOM:102 / 1New:2Total:17
2 Beds
Avg:$2,270Median:$2,370Range:$1,495 – $2,900PSF:$2 / $2Sq Ft:1,055 / 982DOM:3 / 1New:2Total:9
3 Beds
Avg:$3,225Median:$3,250Range:$2,695 – $3,995PSF:$2 / $2Sq Ft:1,699 / 1,790DOM:5 / 1New:6Total:13
4 Beds
Avg:$4,149Median:$3,100Range:$3,100 – $6,500PSF:$3 / $2Sq Ft:1,622 / 1,500DOM:13 / 1New:0Total:4
5 Beds
Avg:$3,695Median:$3,500Range:$3,500 – $3,890PSF:$2 / $1Sq Ft:2,370 / 2,100DOM:7 / 1New:1Total:2
7 Beds
Avg:$7,500Median:$7,500Range:$7,500 – $7,500PSF:$3 / $3Sq Ft:2,270 / 2,270DOM:35 / 35New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,418 | $1,195 | $1,195 – $1,641 | $3 / $2 | 486 / 473 | 169 / 169 | 0 | 2 |
| 1 Beds | $1,631 | $1,595 | $1,350 – $2,055 | $2 / $2 | 707 / 692 | 102 / 1 | 2 | 17 |
| 2 Beds | $2,270 | $2,370 | $1,495 – $2,900 | $2 / $2 | 1,055 / 982 | 3 / 1 | 2 | 9 |
| 3 Beds | $3,225 | $3,250 | $2,695 – $3,995 | $2 / $2 | 1,699 / 1,790 | 5 / 1 | 6 | 13 |
| 4 Beds | $4,149 | $3,100 | $3,100 – $6,500 | $3 / $2 | 1,622 / 1,500 | 13 / 1 | 0 | 4 |
| 5 Beds | $3,695 | $3,500 | $3,500 – $3,890 | $2 / $1 | 2,370 / 2,100 | 7 / 1 | 1 | 2 |
| 7 Beds | $7,500 | $7,500 | $7,500 – $7,500 | $3 / $3 | 2,270 / 2,270 | 35 / 35 | 0 | 1 |
6-Month Sales Trend
Mar 2026
Median Price:$550,000Median DOM:21New:22Total:60
Apr 2026
Median Price:$567,000Median DOM:23New:21Total:66
May 2026
Median Price:$560,000Median DOM:28New:24Total:77
Jun 2026
Median Price:$549,900Median DOM:30New:34Total:99
Jul 2026
Median Price:$562,000Median DOM:36New:28Total:106
Aug 2026
Median Price:$567,000Median DOM:39New:11Total:110
6-Month Rental Trend
Mar 2026
Median Rent:$2,195Median DOM:7New:12Total:42
Apr 2026
Median Rent:$2,150Median DOM:2New:6Total:40
May 2026
Median Rent:$1,941Median DOM:5New:13Total:41
Jun 2026
Median Rent:$2,000Median DOM:5New:17Total:46
Jul 2026
Median Rent:$2,429Median DOM:1New:21Total:50
Aug 2026
Median Rent:$2,370Median DOM:1New:11Total:48
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.
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