ZIP 98056 Housing Market Report

Northwest Seattle

Report period: July 2026

98056 Monthly Market Update – July 2026

ZIP 98056 · Last updated Jul 12, 2026 · Data range Feb 2026 – Jul 2026

Executive Snapshot

Median Sale Price
$1,099,000
−4.4%
Median DOM (Sales)
38
+11.8%
New Listings (Sales)
16
−72.9%
Median Rent
$2,650
0.0%
Median DOM (Rental)
1
0.0%
Total Rental Listings
118
+1.7%

Month-over-Month Movement

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

What's Moving Fastest

  • Fastest selling: Single Family (36 DOM)
  • Fastest renting: Single Family (1 DOM)
  • Strongest bedroom: 7 Beds ($1,999,000 median)

Sales Market Overview

Median Price
$1,099,000
−4.4%
Median DOM
38
+11.8%
New Listings
16
−72.9%
Inventory
199
+1.0%
  • Average Price: $1,148,462
  • Median Price: $1,099,000
  • Price Range: $205,000 – $4,400,000
  • Price per Sq Ft (Avg/Median): $502 / $488
  • Square Footage (Avg/Median): 2,246 / 2,258
  • Square Footage Range: 633 – 5,350
  • Days on Market (Avg/Median): 53 / 38
  • Days on Market Range: 1 – 305
  • New Listings: 16
  • Total Listings: 199

Sales by Property Type

Condo
Avg/Median Price$349,322 / $320,000Range$205,000 – $610,000Price per Sq Ft$383 / $354Sq Ft913 / 922DOM89 / 66New1Total23
Land
Avg/Median Price$1,792,786 / $950,000Range$649,500 – $4,400,000Price per Sq FtSq FtDOM80 / 53New1Total7
Multi-Family
Avg/Median Price$1,051,990 / $1,100,000Range$649,950 – $1,300,000Price per Sq Ft$460 / $438Sq Ft2,309 / 2,090DOM160 / 148New0Total5
Single Family
Avg/Median Price$1,274,076 / $1,199,000Range$525,000 – $3,460,000Price per Sq Ft$528 / $511Sq Ft2,482 / 2,368DOM42 / 36New13Total153
Townhouse
Avg/Median Price$706,036 / $640,000Range$399,950 – $1,290,000Price per Sq Ft$406 / $374Sq Ft1,720 / 1,566DOM68 / 49New1Total11

Sales by Bedroom Count

1 Beds
Avg:$271,125Median:$255,000Range:$205,000 – $350,000PSF:$366 / $324Sq Ft:753 / 752DOM:85 / 57New:1Total:8
2 Beds
Avg:$599,791Median:$450,000Range:$259,950 – $2,750,000PSF:$514 / $398Sq Ft:1,138 / 1,019DOM:74 / 55New:1Total:27
3 Beds
Avg:$990,481Median:$885,000Range:$480,000 – $3,460,000PSF:$528 / $524Sq Ft:1,904 / 1,760DOM:39 / 31New:5Total:58
4 Beds
Avg:$1,262,947Median:$1,224,990Range:$649,770 – $2,399,888PSF:$489 / $488Sq Ft:2,580 / 2,520DOM:50 / 39New:6Total:50
5 Beds
Avg:$1,534,593Median:$1,454,995Range:$759,900 – $2,500,000PSF:$474 / $471Sq Ft:3,254 / 2,970DOM:45 / 30New:2Total:31
6 Beds
Avg:$1,534,628Median:$1,549,995Range:$649,950 – $2,495,000PSF:$541 / $586Sq Ft:2,841 / 2,596DOM:65 / 47New:0Total:15
7 Beds
Avg:$2,148,000Median:$1,999,000Range:$1,995,000 – $2,450,000PSF:$568 / $557Sq Ft:3,840 / 4,090DOM:45 / 46New:0Total:3

Rental Market Overview

Median Rent
$2,650
0.0%
Median DOM
1
0.0%
New Listings
32
Inventory
118
+1.7%
  • Average Rent: $2,785
  • Median Rent: $2,650
  • Rent Range: $900 – $8,995
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 1,281 / 1,151
  • Square Footage Range: 493 – 4,400
  • Days on Market (Avg/Median): 28 / 1
  • Days on Market Range: 1 – 361
  • New Listings: 32
  • Total Listings: 118

Rentals by Property Type

Apartment
$1,775
Median DOM: 54
Inventory: 39
MoM: 0.0%
Condo
$2,295
Median DOM: 6
Inventory: 13
MoM: 0.0%
Single Family
$2,993
Median DOM: 1
Inventory: 60
MoM: 0.0%
Townhouse
$2,525
Median DOM: 25
Inventory: 6
MoM: 0.0%
Apartment
Avg/Median Rent$2,049 / $1,775Range$1,350 – $4,100Rent per Sq Ft$2 / $2Sq Ft865 / 720DOM79 / 54New3Total39
Condo
Avg/Median Rent$2,241 / $2,295Range$1,350 – $3,250Rent per Sq Ft$2 / $2Sq Ft1,160 / 1,008DOM29 / 6New2Total13
Single Family
Avg/Median Rent$3,274 / $2,993Range$900 – $8,675Rent per Sq Ft$2 / $2Sq Ft1,567 / 1,361DOM6 / 1New27Total60
Townhouse
Avg/Median Rent$3,868 / $2,525Range$2,495 – $8,995Rent per Sq Ft$3 / $3Sq Ft1,430 / 1,186DOM30 / 25New0Total6

Rentals by Bedroom Count

Studio
Avg:$1,950Median:$1,950Range:$1,950 – $1,950PSF:$4 / $4Sq Ft:497 / 497DOM:New:0Total:1
1 Beds
Avg:$1,612Median:$1,495Range:$900 – $2,342PSF:$3 / $2Sq Ft:657 / 670DOM:60 / 20New:3Total:25
2 Beds
Avg:$2,563Median:$2,525Range:$1,595 – $3,955PSF:$2 / $2Sq Ft:1,114 / 1,150DOM:33 / 1New:12Total:46
3 Beds
Avg:$3,251Median:$2,963Range:$2,295 – $8,995PSF:$2 / $2Sq Ft:1,512 / 1,361DOM:12 / 1New:14Total:35
4 Beds
Avg:$4,792Median:$4,600Range:$3,398 – $7,000PSF:$2 / $2Sq Ft:2,599 / 2,520DOM:12 / 6New:1Total:7
5 Beds
Avg:$4,177Median:$4,500Range:$3,400 – $4,630PSF:$2 / $2Sq Ft:2,287 / 2,330DOM:13 / 1New:1Total:3
7 Beds
Avg:$8,675Median:$8,675Range:$8,675 – $8,675PSF:$2 / $2Sq Ft:4,400 / 4,400DOM:1 / 1New:1Total:1

6-Month Sales Trend

Feb 2026
Median Price:$1,195,000Median DOM:27New:49Total:159
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:$1,099,000Median DOM:38New:16Total:199

6-Month Rental Trend

Feb 2026
Median Rent:$2,650Median DOM:4New:33Total:89
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:$2,650Median DOM:1New:32Total:118

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 increased.

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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