ZIP 98056 Housing Market Report
Northwest Seattle
Report period: August 2026
98056 Monthly Market Update – August 2026
ZIP 98056 · Last updated Aug 11, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$998,500
−5.9%
Median DOM (Sales)
44
0.0%
New Listings (Sales)
14
−65.9%
Median Rent
$2,797
0.0%
Median DOM (Rental)
1
0.0%
Total Rental Listings
111
−4.3%
Month-over-Month Movement
Median sale prices eased compared to last month. Rents were stable. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Townhouse (19 DOM)
- Fastest renting: Condo (1 DOM)
- Strongest bedroom: 7 Beds ($1,995,000 median)
Sales Market Overview
Median Price
$998,500
−5.9%
Median DOM
44
0.0%
New Listings
14
−65.9%
Inventory
200
+1.5%
- Average Price: $1,109,713
- Median Price: $998,500
- Price Range: $239,000 – $4,400,000
- Price per Sq Ft (Avg/Median): $490 / $475
- Square Footage (Avg/Median): 2,216 / 2,258
- Square Footage Range: 638 – 5,350
- Days on Market (Avg/Median): 59 / 44
- Days on Market Range: 1 – 326
- New Listings: 14
- Total Listings: 200
Sales by Property Type
Condo
Avg/Median Price$347,334 / $300,000Range$239,000 – $610,000Price per Sq Ft$376 / $350Sq Ft929 / 914DOM99 / 66New0Total22
Land
Avg/Median Price$1,656,188 / $950,000Range$649,500 – $4,400,000Price per Sq Ft—Sq Ft—DOM95 / 83New1Total8
Multi-Family
Avg/Median Price$1,051,990 / $1,100,000Range$649,950 – $1,300,000Price per Sq Ft$460 / $438Sq Ft2,309 / 2,090DOM177 / 148New0Total5
Single Family
Avg/Median Price$1,254,161 / $1,180,000Range$525,000 – $3,460,000Price per Sq Ft$515 / $493Sq Ft2,493 / 2,436DOM48 / 36New7Total146
Townhouse
Avg/Median Price$667,598 / $649,995Range$399,950 – $1,240,000Price per Sq Ft$434 / $413Sq Ft1,548 / 1,410DOM50 / 19New6Total19
Sales by Bedroom Count
1 Beds
Avg:$279,857Median:$255,000Range:$239,000 – $350,000PSF:$371 / $326Sq Ft:771 / 819DOM:106 / 73New:0Total:7
2 Beds
Avg:$565,282Median:$450,000Range:$259,950 – $2,550,000PSF:$480 / $386Sq Ft:1,126 / 1,149DOM:67 / 46New:4Total:29
3 Beds
Avg:$984,548Median:$829,000Range:$449,000 – $3,460,000PSF:$520 / $496Sq Ft:1,918 / 1,760DOM:51 / 33New:5Total:56
4 Beds
Avg:$1,190,641Median:$1,149,990Range:$649,770 – $2,300,000PSF:$478 / $476Sq Ft:2,487 / 2,460DOM:52 / 38New:1Total:53
5 Beds
Avg:$1,540,637Median:$1,295,000Range:$779,000 – $2,495,000PSF:$472 / $459Sq Ft:3,276 / 2,833DOM:60 / 54New:1Total:28
6 Beds
Avg:$1,498,301Median:$1,534,995Range:$649,950 – $2,495,000PSF:$520 / $578Sq Ft:2,911 / 2,596DOM:60 / 27New:2Total:18
7 Beds
Avg:$1,995,000Median:$1,995,000Range:$1,995,000 – $1,995,000PSF:$488 / $488Sq Ft:4,090 / 4,090DOM:81 / 81New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $279,857 | $255,000 | $239,000 – $350,000 | $371 / $326 | 771 / 819 | 106 / 73 | 0 | 7 |
| 2 Beds | $565,282 | $450,000 | $259,950 – $2,550,000 | $480 / $386 | 1,126 / 1,149 | 67 / 46 | 4 | 29 |
| 3 Beds | $984,548 | $829,000 | $449,000 – $3,460,000 | $520 / $496 | 1,918 / 1,760 | 51 / 33 | 5 | 56 |
| 4 Beds | $1,190,641 | $1,149,990 | $649,770 – $2,300,000 | $478 / $476 | 2,487 / 2,460 | 52 / 38 | 1 | 53 |
| 5 Beds | $1,540,637 | $1,295,000 | $779,000 – $2,495,000 | $472 / $459 | 3,276 / 2,833 | 60 / 54 | 1 | 28 |
| 6 Beds | $1,498,301 | $1,534,995 | $649,950 – $2,495,000 | $520 / $578 | 2,911 / 2,596 | 60 / 27 | 2 | 18 |
| 7 Beds | $1,995,000 | $1,995,000 | $1,995,000 – $1,995,000 | $488 / $488 | 4,090 / 4,090 | 81 / 81 | 0 | 1 |
Rental Market Overview
Median Rent
$2,797
0.0%
Median DOM
1
0.0%
New Listings
23
Inventory
111
−4.3%
- Average Rent: $2,857
- Median Rent: $2,797
- Rent Range: $900 – $8,995
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,312 / 1,277
- Square Footage Range: 300 – 4,400
- Days on Market (Avg/Median): 25 / 1
- Days on Market Range: 1 – 247
- New Listings: 23
- Total Listings: 111
Rentals by Property Type
Apartment
$1,775
Median DOM: 76
Inventory: 32
MoM: 0.0%
Condo
$1,800
Median DOM: 1
Inventory: 12
MoM: 0.0%
Single Family
$3,187
Median DOM: 1
Inventory: 61
MoM: 0.0%
Townhouse
$3,200
Median DOM: 10
Inventory: 6
MoM: 0.0%
Apartment
Avg/Median Rent$1,973 / $1,775Range$1,350 – $3,716Rent per Sq Ft$2 / $2Sq Ft832 / 716DOM86 / 76New2Total32
Condo
Avg/Median Rent$1,934 / $1,800Range$1,100 – $3,000Rent per Sq Ft$2 / $2Sq Ft831 / 851DOM27 / 1New2Total12
Single Family
Avg/Median Rent$3,384 / $3,187Range$900 – $8,675Rent per Sq Ft$2 / $2Sq Ft1,624 / 1,482DOM8 / 1New17Total61
Townhouse
Avg/Median Rent$4,053 / $3,200Range$2,525 – $8,995Rent per Sq Ft$2 / $2Sq Ft1,721 / 1,539DOM24 / 10New2Total6
Rentals by Bedroom Count
Studio
Avg:$1,387Median:$1,100Range:$1,100 – $1,960PSF:$3 / $2Sq Ft:528 / 500DOM:1 / 1New:0Total:3
1 Beds
Avg:$1,598Median:$1,466Range:$900 – $2,199PSF:$3 / $2Sq Ft:649 / 652DOM:67 / 20New:1Total:25
2 Beds
Avg:$2,735Median:$2,797Range:$1,595 – $3,955PSF:$2 / $2Sq Ft:1,209 / 1,186DOM:28 / 1New:8Total:42
3 Beds
Avg:$3,446Median:$3,000Range:$2,700 – $8,995PSF:$2 / $2Sq Ft:1,526 / 1,361DOM:8 / 1New:7Total:28
4 Beds
Avg:$4,400Median:$3,800Range:$1,200 – $7,350PSF:$2 / $2Sq Ft:2,374 / 2,100DOM:13 / 1New:5Total:10
5 Beds
Avg:$4,465Median:$4,300Range:$4,300 – $4,630PSF:$2 / $1Sq Ft:2,760 / 2,330DOM:1 / 1New:1Total:2
7 Beds
Avg:$8,675Median:$8,675Range:$8,675 – $8,675PSF:$2 / $2Sq Ft:4,400 / 4,400DOM:1 / 1New:1Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,387 | $1,100 | $1,100 – $1,960 | $3 / $2 | 528 / 500 | 1 / 1 | 0 | 3 |
| 1 Beds | $1,598 | $1,466 | $900 – $2,199 | $3 / $2 | 649 / 652 | 67 / 20 | 1 | 25 |
| 2 Beds | $2,735 | $2,797 | $1,595 – $3,955 | $2 / $2 | 1,209 / 1,186 | 28 / 1 | 8 | 42 |
| 3 Beds | $3,446 | $3,000 | $2,700 – $8,995 | $2 / $2 | 1,526 / 1,361 | 8 / 1 | 7 | 28 |
| 4 Beds | $4,400 | $3,800 | $1,200 – $7,350 | $2 / $2 | 2,374 / 2,100 | 13 / 1 | 5 | 10 |
| 5 Beds | $4,465 | $4,300 | $4,300 – $4,630 | $2 / $1 | 2,760 / 2,330 | 1 / 1 | 1 | 2 |
| 7 Beds | $8,675 | $8,675 | $8,675 – $8,675 | $2 / $2 | 4,400 / 4,400 | 1 / 1 | 1 | 1 |
6-Month Sales Trend
Mar 2026
Median Price:$1,150,000Median DOM:19New:79Total:185
Apr 2026
Median Price:$1,149,990Median DOM:23New:67Total:189
May 2026
Median Price:$1,095,000Median DOM:32New:61Total:198
Jun 2026
Median Price:$1,150,000Median DOM:34New:59Total:197
Jul 2026
Median Price:$1,061,000Median DOM:44New:41Total:197
Aug 2026
Median Price:$998,500Median DOM:44New:14Total:200
6-Month Rental Trend
Mar 2026
Median Rent:$2,525Median DOM:8New:34Total:90
Apr 2026
Median Rent:$2,550Median DOM:1New:44Total:96
May 2026
Median Rent:$2,563Median DOM:1New:54Total:106
Jun 2026
Median Rent:$2,650Median DOM:1New:51Total:116
Jul 2026
Median Rent:$2,797Median DOM:1New:53Total:116
Aug 2026
Median Rent:$2,797Median DOM:1New:23Total:111
Key Market Takeaways
Median sale prices softened this month while inventory expanded. Days on market were unchanged, signaling steady buyer activity. Rental pricing remained stable, 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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