ZIP 98059 Housing Market Report

Northwest Seattle

Report period: May 2026

98059 Monthly Market Update – May 2026

ZIP 98059 · Last updated May 12, 2026 · Data range Dec 2025 – May 2026

Executive Snapshot

Median Sale Price
$899,980
+5.9%
Median DOM (Sales)
32
+14.3%
New Listings (Sales)
15
−78.6%
Median Rent
$3,150
−1.6%
Median DOM (Rental)
1
−66.7%
Total Rental Listings
31
0.0%

Month-over-Month Movement

Median sale prices moved higher. Days on market lengthened. Rents softened.

What's Moving Fastest

  • Fastest selling: Townhouse (19 DOM)
  • Fastest renting: Single Family (1 DOM)
  • Strongest bedroom: 6 Beds ($2,674,900 median)

Sales Market Overview

Median Price
$899,980
+5.9%
Median DOM
32
+14.3%
New Listings
15
−78.6%
Inventory
197
0.0%
  • Average Price: $1,071,413
  • Median Price: $899,980
  • Price Range: $17,000 – $3,850,000
  • Price per Sq Ft (Avg/Median): $453 / $443
  • Square Footage (Avg/Median): 2,405 / 2,185
  • Square Footage Range: 594 – 6,143
  • Days on Market (Avg/Median): 55 / 32
  • Days on Market Range: 2 – 355
  • New Listings: 15
  • Total Listings: 197

Sales by Property Type

Condo
Avg/Median Price$424,668 / $399,500Range$265,000 – $709,000Price per Sq Ft$436 / $437Sq Ft984 / 951DOM82 / 88New1Total19
Land
Avg/Median Price$468,289 / $295,000Range$17,000 – $2,399,995Price per Sq FtSq FtDOM107 / 67New1Total19
Manufactured
Avg/Median Price$138,438 / $119,900Range$80,000 – $225,000Price per Sq Ft$102 / $107Sq Ft1,383 / 1,344DOM89 / 67New0Total13
Multi-Family
Avg/Median Price$972,500 / $650,000Range$650,000 – $1,295,000Price per Sq Ft$379 / $317Sq Ft2,782 / 1,475DOM75 / 39New0Total2
Single Family
Avg/Median Price$1,354,610 / $1,100,000Range$545,000 – $3,850,000Price per Sq Ft$489 / $459Sq Ft2,749 / 2,621DOM42 / 26New11Total136
Townhouse
Avg/Median Price$766,312 / $524,998Range$340,000 – $1,388,000Price per Sq Ft$481 / $390Sq Ft1,498 / 1,310DOM45 / 19New2Total8

Sales by Bedroom Count

1 Beds
Avg:$381,150Median:$398,000Range:$265,000 – $439,999PSF:$489 / $457Sq Ft:782 / 710DOM:81 / 30New:1Total:6
2 Beds
Avg:$340,545Median:$374,500Range:$80,000 – $650,000PSF:$307 / $358Sq Ft:1,151 / 1,099DOM:83 / 96New:1Total:23
3 Beds
Avg:$810,240Median:$758,900Range:$89,950 – $1,680,000PSF:$452 / $460Sq Ft:1,839 / 1,630DOM:40 / 26New:4Total:60
4 Beds
Avg:$1,405,388Median:$1,195,000Range:$199,996 – $3,850,000PSF:$470 / $448Sq Ft:2,915 / 2,830DOM:37 / 20New:5Total:50
5 Beds
Avg:$1,789,240Median:$1,579,995Range:$870,000 – $2,975,000PSF:$513 / $432Sq Ft:3,457 / 3,462DOM:55 / 42New:3Total:33
6 Beds
Avg:$2,353,783Median:$2,674,900Range:$1,295,000 – $2,895,000PSF:$532 / $558Sq Ft:4,468 / 4,101DOM:87 / 68New:0Total:6

Rental Market Overview

Median Rent
$3,150
−1.6%
Median DOM
1
−66.7%
New Listings
3
Inventory
31
0.0%
  • Average Rent: $3,113
  • Median Rent: $3,150
  • Rent Range: $1,050 – $5,900
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 1,601 / 1,406
  • Square Footage Range: 515 – 2,990
  • Days on Market (Avg/Median): 20 / 1
  • Days on Market Range: 1 – 170
  • New Listings: 3
  • Total Listings: 31

Rentals by Property Type

Apartment
$1,970
Median DOM: 57
Inventory: 11
MoM: −1.6%
Condo
$2,795
Median DOM: 19
Inventory: 1
MoM: −1.6%
Single Family
$3,950
Median DOM: 1
Inventory: 17
MoM: −1.6%
Townhouse
$3,150
Median DOM: 1
Inventory: 2
MoM: −1.6%
Apartment
Avg/Median Rent$2,141 / $1,970Range$1,773 – $2,830Rent per Sq Ft$3 / $3Sq Ft765 / 710DOM87 / 57New0Total11
Condo
Avg/Median Rent$2,795 / $2,795Range$2,795 – $2,795Rent per Sq Ft$2 / $2Sq Ft1,177 / 1,177DOM19 / 19New0Total1
Single Family
Avg/Median Rent$3,752 / $3,950Range$1,050 – $5,900Rent per Sq Ft$2 / $2Sq Ft2,220 / 2,200DOM10 / 1New3Total17
Townhouse
Avg/Median Rent$3,175 / $3,150Range$3,150 – $3,200Rent per Sq Ft$2 / $2Sq Ft1,458 / 1,406DOM1 / 1New0Total2

Rentals by Bedroom Count

1 Beds
Avg:$2,036Median:$1,957Range:$1,050 – $2,830PSF:$3 / $3Sq Ft:667 / 693DOM:43 / 29New:0Total:8
2 Beds
Avg:$2,423Median:$2,350Range:$1,773 – $3,200PSF:$2 / $2Sq Ft:1,092 / 950DOM:51 / 32New:1Total:7
3 Beds
Avg:$3,424Median:$3,270Range:$3,150 – $3,950PSF:$2 / $2Sq Ft:1,708 / 1,520DOM:13 / 1New:0Total:7
4 Beds
Avg:$4,438Median:$4,095Range:$3,950 – $5,900PSF:$2 / $2Sq Ft:2,603 / 2,540DOM:5 / 1New:1Total:6
5 Beds
Avg:$4,215Median:$4,300Range:$3,745 – $4,600PSF:$2 / $2Sq Ft:2,713 / 2,886DOM:1 / 1New:1Total:3

6-Month Sales Trend

Dec 2025
Median Price:$769,000Median DOM:71New:15Total:133
Jan 2026
Median Price:$725,000Median DOM:52New:50Total:142
Feb 2026
Median Price:$799,900Median DOM:38New:45Total:156
Mar 2026
Median Price:$849,999Median DOM:27New:53Total:170
Apr 2026
Median Price:$850,000Median DOM:28New:70Total:197
May 2026
Median Price:$899,980Median DOM:32New:15Total:197

6-Month Rental Trend

Dec 2025
Median Rent:$3,100Median DOM:1New:13Total:37
Jan 2026
Median Rent:$3,100Median DOM:1New:15Total:41
Feb 2026
Median Rent:$2,650Median DOM:1New:9Total:32
Mar 2026
Median Rent:$2,700Median DOM:1New:14Total:34
Apr 2026
Median Rent:$3,200Median DOM:3New:9Total:31
May 2026
Median Rent:$3,150Median DOM:1New:3Total:31

Key Market Takeaways

Median sale prices moved higher this month while inventory remained stable. Days on market lengthened, signaling slower buyer activity. Rental pricing eased, 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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