ZIP 98059 Housing Market Report

Northwest Seattle

Report period: August 2026

98059 Monthly Market Update – August 2026

ZIP 98059 · Last updated Aug 11, 2026 · Data range Mar 2026 – Aug 2026

Executive Snapshot

Median Sale Price
$875,000
−2.2%
Median DOM (Sales)
45
+18.4%
New Listings (Sales)
12
−82.6%
Median Rent
$2,950
0.0%
Median DOM (Rental)
1
0.0%
Total Rental Listings
51
0.0%

Month-over-Month Movement

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

What's Moving Fastest

  • Fastest selling: Land (39 DOM)
  • Fastest renting: Condo (1 DOM)
  • Strongest bedroom: 6 Beds ($1,899,000 median)

Sales Market Overview

Median Price
$875,000
−2.2%
Median DOM
45
+18.4%
New Listings
12
−82.6%
Inventory
263
+2.3%
  • Average Price: $1,071,287
  • Median Price: $875,000
  • Price Range: $17,000 – $4,999,995
  • Price per Sq Ft (Avg/Median): $461 / $450
  • Square Footage (Avg/Median): 2,336 / 2,030
  • Square Footage Range: 499 – 6,269
  • Days on Market (Avg/Median): 62 / 45
  • Days on Market Range: 3 – 312
  • New Listings: 12
  • Total Listings: 263

Sales by Property Type

Condo
Avg/Median Price$462,026 / $379,000Range$240,000 – $1,525,888Price per Sq Ft$427 / $412Sq Ft1,049 / 920DOM80 / 67New1Total26
Land
Avg/Median Price$653,063 / $290,000Range$17,000 – $4,999,995Price per Sq FtSq FtDOM78 / 39New1Total26
Manufactured
Avg/Median Price$270,858 / $138,000Range$75,000 – $2,000,000Price per Sq Ft$182 / $103Sq Ft1,353 / 1,344DOM71 / 53New1Total13
Multi-Family
Avg/Median Price$972,500 / $650,000Range$650,000 – $1,295,000Price per Sq Ft$379 / $317Sq Ft2,782 / 1,475DOM158 / 130New0Total2
Single Family
Avg/Median Price$1,317,210 / $1,078,000Range$375,000 – $3,395,000Price per Sq Ft$490 / $466Sq Ft2,660 / 2,509DOM56 / 40New9Total180
Townhouse
Avg/Median Price$637,019 / $622,000Range$332,000 – $1,275,000Price per Sq Ft$416 / $385Sq Ft1,521 / 1,430DOM51 / 48New0Total16

Sales by Bedroom Count

1 Beds
Avg:$319,993Median:$329,950Range:$240,000 – $396,000PSF:$443 / $438Sq Ft:733 / 710DOM:88 / 68New:0Total:7
2 Beds
Avg:$414,951Median:$389,950Range:$75,000 – $924,999PSF:$364 / $394Sq Ft:1,163 / 1,040DOM:75 / 53New:2Total:28
3 Beds
Avg:$789,414Median:$750,000Range:$89,450 – $1,998,000PSF:$442 / $459Sq Ft:1,788 / 1,690DOM:56 / 47New:4Total:90
4 Beds
Avg:$1,412,865Median:$1,198,000Range:$649,759 – $3,395,000PSF:$494 / $457Sq Ft:2,836 / 2,785DOM:51 / 40New:3Total:58
5 Beds
Avg:$1,773,443Median:$1,599,000Range:$799,995 – $3,250,000PSF:$508 / $471Sq Ft:3,436 / 3,326DOM:63 / 34New:2Total:48
6 Beds
Avg:$2,131,950Median:$1,899,000Range:$1,295,000 – $2,782,900PSF:$506 / $451Sq Ft:4,248 / 4,101DOM:75 / 36New:0Total:6

Rental Market Overview

Median Rent
$2,950
0.0%
Median DOM
1
0.0%
New Listings
7
Inventory
51
0.0%
  • Average Rent: $3,034
  • Median Rent: $2,950
  • Rent Range: $800 – $5,395
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 1,654 / 1,520
  • Square Footage Range: 278 – 3,950
  • Days on Market (Avg/Median): 26 / 1
  • Days on Market Range: 1 – 260
  • New Listings: 7
  • Total Listings: 51

Rentals by Property Type

Apartment
$1,899
Median DOM: 125
Inventory: 12
MoM: 0.0%
Condo
$2,095
Median DOM: 1
Inventory: 7
MoM: 0.0%
Single Family
$3,595
Median DOM: 1
Inventory: 30
MoM: 0.0%
Townhouse
$3,700
Median DOM: 10
Inventory: 2
MoM: 0.0%
Apartment
Avg/Median Rent$1,899 / $1,899Range$800 – $2,400Rent per Sq Ft$3 / $3Sq Ft723 / 722DOM146 / 125New0Total12
Condo
Avg/Median Rent$2,128 / $2,095Range$1,799 – $2,500Rent per Sq Ft$3 / $3Sq Ft867 / 920DOM4 / 1New2Total7
Single Family
Avg/Median Rent$3,650 / $3,595Range$1,200 – $5,395Rent per Sq Ft$2 / $2Sq Ft2,212 / 2,090DOM14 / 1New5Total30
Townhouse
Avg/Median Rent$3,775 / $3,700Range$3,700 – $3,850Rent per Sq Ft$2 / $2Sq Ft1,912 / 1,834DOM10 / 10New0Total2

Rentals by Bedroom Count

Studio
Avg:$1,940Median:$1,845Range:$1,845 – $2,035PSF:$4 / $4Sq Ft:468 / 391DOM:New:0Total:2
1 Beds
Avg:$1,685Median:$1,799Range:$800 – $2,150PSF:$3 / $3Sq Ft:640 / 669DOM:57 / 50New:1Total:8
2 Beds
Avg:$2,247Median:$2,250Range:$1,894 – $2,895PSF:$2 / $2Sq Ft:1,036 / 960DOM:71 / 13New:0Total:13
3 Beds
Avg:$3,062Median:$3,050Range:$2,500 – $3,595PSF:$2 / $2Sq Ft:1,440 / 1,430DOM:11 / 2New:2Total:8
4 Beds
Avg:$4,036Median:$3,995Range:$3,500 – $5,000PSF:$2 / $2Sq Ft:2,385 / 2,240DOM:3 / 1New:3Total:16
5 Beds
Avg:$4,565Median:$4,595Range:$4,500 – $4,600PSF:$1 / $1Sq Ft:3,407 / 3,460DOM:7 / 1New:1Total:3
6 Beds
Avg:$5,395Median:$5,395Range:$5,395 – $5,395PSF:$1 / $1Sq Ft:3,930 / 3,930DOM:1 / 1New:0Total:1

6-Month Sales Trend

Mar 2026
Median Price:$849,999Median DOM:27New:53Total:170
Apr 2026
Median Price:$850,000Median DOM:28New:70Total:197
May 2026
Median Price:$918,000Median DOM:26New:76Total:227
Jun 2026
Median Price:$895,000Median DOM:35New:74Total:254
Jul 2026
Median Price:$895,000Median DOM:38New:69Total:257
Aug 2026
Median Price:$875,000Median DOM:45New:12Total:263

6-Month Rental Trend

Mar 2026
Median Rent:$2,700Median DOM:1New:14Total:34
Apr 2026
Median Rent:$3,200Median DOM:3New:9Total:31
May 2026
Median Rent:$2,950Median DOM:1New:14Total:38
Jun 2026
Median Rent:$2,750Median DOM:1New:23Total:42
Jul 2026
Median Rent:$2,950Median DOM:1New:19Total:51
Aug 2026
Median Rent:$2,950Median DOM:1New:7Total:51

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 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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