ZIP 98059 Housing Market Report

Northwest Seattle

Report period: March 2026

98059 Monthly Market Update – March 2026

ZIP 98059 · Last updated Mar 12, 2026 · Data range Oct 2025 – Mar 2026

Executive Snapshot

Median Sale Price
$849,000
+6.1%
Median DOM (Sales)
31
−18.4%
New Listings (Sales)
20
−55.6%
Median Rent
$2,850
+7.5%
Median DOM (Rental)
1
0.0%
Total Rental Listings
35
+9.4%

Month-over-Month Movement

Median sale prices moved higher. Days on market improved. Rents moved higher. Rental inventory expanded.

What's Moving Fastest

  • Fastest selling: Single Family (13 DOM)
  • Fastest renting: Condo (1 DOM)
  • Strongest bedroom: 6 Beds ($2,674,900 median)

Sales Market Overview

Median Price
$849,000
+6.1%
Median DOM
31
−18.4%
New Listings
20
−55.6%
Inventory
167
+7.1%
  • Average Price: $1,008,443
  • Median Price: $849,000
  • Price Range: $17,000 – $3,189,000
  • Price per Sq Ft (Avg/Median): $430 / $444
  • Square Footage (Avg/Median): 2,351 / 2,020
  • Square Footage Range: 478 – 7,480
  • Days on Market (Avg/Median): 59 / 31
  • Days on Market Range: 1 – 348
  • New Listings: 20
  • Total Listings: 167

Sales by Property Type

Condo
Avg/Median Price$387,250 / $385,000Range$260,000 – $545,000Price per Sq Ft$438 / $446Sq Ft905 / 936DOM58 / 44New1Total19
Land
Avg/Median Price$310,669 / $299,000Range$17,000 – $595,000Price per Sq FtSq FtDOM139 / 121New2Total16
Manufactured
Avg/Median Price$141,767 / $135,000Range$65,000 – $225,000Price per Sq Ft$110 / $120Sq Ft1,352 / 1,344DOM86 / 75New2Total18
Multi-Family
Avg/Median Price$1,295,000 / $1,295,000Range$1,295,000 – $1,295,000Price per Sq Ft$317 / $317Sq Ft4,090 / 4,090DOM50 / 50New0Total1
Single Family
Avg/Median Price$1,416,915 / $1,175,000Range$339,000 – $3,189,000Price per Sq Ft$486 / $457Sq Ft2,858 / 2,680DOM43 / 13New14Total102
Townhouse
Avg/Median Price$700,859 / $662,000Range$362,500 – $1,420,000Price per Sq Ft$427 / $374Sq Ft1,623 / 1,520DOM64 / 50New1Total11

Sales by Bedroom Count

1 Beds
Avg:$351,407Median:$335,000Range:$260,000 – $439,999PSF:$498 / $475Sq Ft:717 / 705DOM:71 / 55New:0Total:7
2 Beds
Avg:$302,637Median:$359,000Range:$80,000 – $650,000PSF:$274 / $350Sq Ft:1,173 / 1,128DOM:65 / 55New:2Total:27
3 Beds
Avg:$768,817Median:$699,900Range:$65,000 – $1,795,000PSF:$391 / $402Sq Ft:1,934 / 1,840DOM:54 / 22New:6Total:38
4 Beds
Avg:$1,220,685Median:$1,089,000Range:$725,000 – $2,695,000PSF:$458 / $444Sq Ft:2,642 / 2,527DOM:41 / 13New:4Total:42
5 Beds
Avg:$1,849,328Median:$1,699,000Range:$799,950 – $3,189,000PSF:$537 / $474Sq Ft:3,426 / 3,319DOM:44 / 13New:5Total:30
6 Beds
Avg:$2,406,371Median:$2,674,900Range:$1,295,000 – $2,895,000PSF:$548 / $644Sq Ft:4,432 / 4,213DOM:57 / 50New:1Total:7

Rental Market Overview

Median Rent
$2,850
+7.5%
Median DOM
1
0.0%
New Listings
7
Inventory
35
+9.4%
  • Average Rent: $3,015
  • Median Rent: $2,850
  • Rent Range: $1,545 – $5,900
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 1,475 / 1,332
  • Square Footage Range: 515 – 3,657
  • Days on Market (Avg/Median): 23 / 1
  • Days on Market Range: 1 – 229
  • New Listings: 7
  • Total Listings: 35

Rentals by Property Type

Apartment
$1,849
Median DOM: 109
Inventory: 12
MoM: +7.5%
Condo
$1,545
Median DOM: 1
Inventory: 1
MoM: +7.5%
Single Family
$3,800
Median DOM: 1
Inventory: 16
MoM: +7.5%
Townhouse
$3,150
Median DOM: 1
Inventory: 6
MoM: +7.5%
Apartment
Avg/Median Rent$1,933 / $1,849Range$1,549 – $2,600Rent per Sq Ft$3 / $2Sq Ft730 / 669DOM169 / 109New0Total12
Condo
Avg/Median Rent$1,545 / $1,545Range$1,545 – $1,545Rent per Sq Ft$2 / $2Sq Ft700 / 700DOM1 / 1New0Total1
Single Family
Avg/Median Rent$3,889 / $3,800Range$2,600 – $5,900Rent per Sq Ft$2 / $2Sq Ft2,154 / 2,389DOM8 / 1New5Total16
Townhouse
Avg/Median Rent$3,096 / $3,150Range$2,850 – $3,350Rent per Sq Ft$2 / $2Sq Ft1,395 / 1,373DOM15 / 1New2Total6

Rentals by Bedroom Count

Studio
Avg:$1,704Median:$1,549Range:$1,549 – $1,860PSF:$3 / $3Sq Ft:555 / 520DOM:New:0Total:2
1 Beds
Avg:$1,806Median:$1,650Range:$1,545 – $2,600PSF:$3 / $2Sq Ft:670 / 669DOM:113 / 109New:0Total:8
2 Beds
Avg:$2,547Median:$2,600Range:$2,277 – $2,850PSF:$2 / $2Sq Ft:1,084 / 995DOM:13 / 1New:0Total:7
3 Beds
Avg:$3,186Median:$3,175Range:$2,650 – $3,950PSF:$2 / $2Sq Ft:1,489 / 1,400DOM:11 / 1New:3Total:9
4 Beds
Avg:$4,541Median:$4,200Range:$3,800 – $5,900PSF:$2 / $2Sq Ft:2,538 / 2,480DOM:12 / 1New:2Total:6
5 Beds
Avg:$4,022Median:$3,745Range:$3,745 – $4,300PSF:$2 / $1Sq Ft:2,640 / 2,330DOM:1 / 1New:2Total:2
6 Beds
Avg:$5,895Median:$5,895Range:$5,895 – $5,895PSF:$2 / $2Sq Ft:3,657 / 3,657DOM:1 / 1New:0Total:1

6-Month Sales Trend

Oct 2025
Median Price:$850,000Median DOM:45New:40Total:205
Nov 2025
Median Price:$810,000Median DOM:52New:29Total:165
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:$849,000Median DOM:31New:20Total:167

6-Month Rental Trend

Oct 2025
Median Rent:$3,300Median DOM:29New:13Total:46
Nov 2025
Median Rent:$3,100Median DOM:13New:20Total:44
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:$2,850Median DOM:1New:7Total:35

Key Market Takeaways

Median sale prices moved higher this month while inventory expanded. Days on market declined, signaling improving buyer activity. Rental pricing increased, 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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