ZIP 98068 Housing Market Report
Northwest Seattle
Report period: May 2026
98068 Monthly Market Update – May 2026
ZIP 98068 · Last updated May 12, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$1,025,000
+14.5%
Median DOM (Sales)
116
+9.4%
New Listings (Sales)
1
−75.0%
Median Rent
$1,850
0.0%
Median DOM (Rental)
4
−91.1%
Total Rental Listings
3
+50.0%
Month-over-Month Movement
Median sale prices moved higher. Days on market lengthened. Rents were stable. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Single Family (110 DOM)
- Fastest renting: Condo (4 DOM)
- Strongest bedroom: 6 Beds ($2,199,000 median)
Sales Market Overview
Median Price
$1,025,000
+14.5%
Median DOM
116
+9.4%
New Listings
1
−75.0%
Inventory
35
+2.9%
- Average Price: $1,042,867
- Median Price: $1,025,000
- Price Range: $99,900 – $2,200,000
- Price per Sq Ft (Avg/Median): $575 / $567
- Square Footage (Avg/Median): 2,229 / 2,300
- Square Footage Range: 464 – 4,281
- Days on Market (Avg/Median): 129 / 116
- Days on Market Range: 5 – 346
- New Listings: 1
- Total Listings: 35
Sales by Property Type
Condo
Avg/Median Price$495,000 / $495,000Range$495,000 – $495,000Price per Sq Ft$1,067 / $1,067Sq Ft464 / 464DOM143 / 143New0Total1
Land
Avg/Median Price$371,688 / $385,000Range$114,500 – $695,000Price per Sq Ft—Sq Ft—DOM151 / 118New0Total8
Single Family
Avg/Median Price$1,300,142 / $1,250,000Range$99,900 – $2,200,000Price per Sq Ft$527 / $543Sq Ft2,426 / 2,388DOM116 / 110New0Total20
Townhouse
Avg/Median Price$1,171,500 / $1,119,000Range$895,000 – $1,475,000Price per Sq Ft$654 / $581Sq Ft1,867 / 1,486DOM138 / 160New1Total6
Sales by Bedroom Count
1 Beds
Avg:$397,633Median:$495,000Range:$99,900 – $598,000PSF:$586 / $598Sq Ft:840 / 1,000DOM:84 / 24New:0Total:3
2 Beds
Avg:$836,790Median:$814,950Range:$725,000 – $949,000PSF:$474 / $454Sq Ft:1,899 / 1,762DOM:180 / 182New:0Total:5
3 Beds
Avg:$1,273,500Median:$1,119,000Range:$825,000 – $1,825,000PSF:$590 / $549Sq Ft:2,217 / 2,190DOM:133 / 129New:1Total:8
4 Beds
Avg:$1,577,250Median:$1,475,000Range:$1,195,000 – $2,200,000PSF:$634 / $612Sq Ft:2,523 / 2,538DOM:81 / 90New:0Total:8
5 Beds
Avg:$1,572,500Median:$1,225,000Range:$1,225,000 – $1,920,000PSF:$546 / $485Sq Ft:2,989 / 2,021DOM:135 / 110New:0Total:2
6 Beds
Avg:$2,199,000Median:$2,199,000Range:$2,199,000 – $2,199,000PSF:$514 / $514Sq Ft:4,281 / 4,281DOM:117 / 117New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $397,633 | $495,000 | $99,900 – $598,000 | $586 / $598 | 840 / 1,000 | 84 / 24 | 0 | 3 |
| 2 Beds | $836,790 | $814,950 | $725,000 – $949,000 | $474 / $454 | 1,899 / 1,762 | 180 / 182 | 0 | 5 |
| 3 Beds | $1,273,500 | $1,119,000 | $825,000 – $1,825,000 | $590 / $549 | 2,217 / 2,190 | 133 / 129 | 1 | 8 |
| 4 Beds | $1,577,250 | $1,475,000 | $1,195,000 – $2,200,000 | $634 / $612 | 2,523 / 2,538 | 81 / 90 | 0 | 8 |
| 5 Beds | $1,572,500 | $1,225,000 | $1,225,000 – $1,920,000 | $546 / $485 | 2,989 / 2,021 | 135 / 110 | 0 | 2 |
| 6 Beds | $2,199,000 | $2,199,000 | $2,199,000 – $2,199,000 | $514 / $514 | 4,281 / 4,281 | 117 / 117 | 0 | 1 |
Rental Market Overview
Median Rent
$1,850
0.0%
Median DOM
4
−91.1%
New Listings
1
Inventory
3
+50.0%
- Average Rent: $3,017
- Median Rent: $1,850
- Rent Range: $1,850 – $5,350
- Rent per Sq Ft (Avg/Median): $3 / $2
- Square Footage (Avg/Median): 1,401 / 1,200
- Square Footage Range: 464 – 2,538
- Days on Market (Avg/Median): 31 / 4
- Days on Market Range: 4 – 57
- New Listings: 1
- Total Listings: 3
Rentals by Property Type
Apartment
—
Median DOM: —
Inventory: —
MoM: 0.0%
Condo
$1,850
Median DOM: 4
Inventory: 1
MoM: 0.0%
Single Family
$1,850
Median DOM: —
Inventory: 1
MoM: 0.0%
Townhouse
$5,350
Median DOM: 57
Inventory: 1
MoM: 0.0%
Condo
Avg/Median Rent$1,850 / $1,850Range$1,850 – $1,850Rent per Sq Ft$4 / $4Sq Ft464 / 464DOM4 / 4New1Total1
Single Family
Avg/Median Rent$1,850 / $1,850Range$1,850 – $1,850Rent per Sq Ft$2 / $2Sq Ft1,200 / 1,200DOM—New0Total1
Townhouse
Avg/Median Rent$5,350 / $5,350Range$5,350 – $5,350Rent per Sq Ft$2 / $2Sq Ft2,538 / 2,538DOM57 / 57New0Total1
Rentals by Bedroom Count
1 Beds
Avg:$1,850Median:$1,850Range:$1,850 – $1,850PSF:$3 / $2Sq Ft:832 / 464DOM:4 / 4New:1Total:2
4 Beds
Avg:$5,350Median:$5,350Range:$5,350 – $5,350PSF:$2 / $2Sq Ft:2,538 / 2,538DOM:57 / 57New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $1,850 | $1,850 | $1,850 – $1,850 | $3 / $2 | 832 / 464 | 4 / 4 | 1 | 2 |
| 4 Beds | $5,350 | $5,350 | $5,350 – $5,350 | $2 / $2 | 2,538 / 2,538 | 57 / 57 | 0 | 1 |
6-Month Sales Trend
Dec 2025
Median Price:$595,000Median DOM:64New:4Total:37
Jan 2026
Median Price:$800,000Median DOM:81New:11Total:44
Feb 2026
Median Price:$895,000Median DOM:106New:2Total:43
Mar 2026
Median Price:$895,000Median DOM:104New:3Total:31
Apr 2026
Median Price:$895,000Median DOM:106New:4Total:34
May 2026
Median Price:$1,025,000Median DOM:116New:1Total:35
6-Month Rental Trend
Dec 2025
Median Rent:$1,850Median DOM:—New:0Total:1
Jan 2026
Median Rent:$1,850Median DOM:—New:0Total:1
Feb 2026
Median Rent:$1,850Median DOM:—New:0Total:1
Mar 2026
Median Rent:$1,850Median DOM:15New:1Total:2
Apr 2026
Median Rent:$1,850Median DOM:45New:0Total:2
May 2026
Median Rent:$1,850Median DOM:4New:1Total:3
Key Market Takeaways
Median sale prices moved higher 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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