ZIP 98074 Housing Market Report
Northwest Seattle
Report period: May 2026
98074 Monthly Market Update – May 2026
ZIP 98074 · Last updated May 12, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$1,675,000
+3.1%
Median DOM (Sales)
21
−8.7%
New Listings (Sales)
20
−54.5%
Median Rent
$3,700
+7.2%
Median DOM (Rental)
18
−14.3%
Total Rental Listings
23
+9.5%
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 (19 DOM)
- Fastest renting: Townhouse (12 DOM)
- Strongest bedroom: 7 Beds ($2,600,000 median)
Sales Market Overview
Median Price
$1,675,000
+3.1%
Median DOM
21
−8.7%
New Listings
20
−54.5%
Inventory
169
+11.2%
- Average Price: $1,955,568
- Median Price: $1,675,000
- Price Range: $50,000 – $9,800,000
- Price per Sq Ft (Avg/Median): $653 / $600
- Square Footage (Avg/Median): 3,006 / 2,884
- Square Footage Range: 475 – 9,486
- Days on Market (Avg/Median): 34 / 21
- Days on Market Range: 2 – 243
- New Listings: 20
- Total Listings: 169
Sales by Property Type
Condo
Avg/Median Price$462,309 / $410,000Range$300,000 – $659,500Price per Sq Ft$553 / $558Sq Ft859 / 715DOM76 / 48New0Total11
Land
Avg/Median Price$1,178,539 / $399,000Range$50,000 – $5,000,000Price per Sq Ft—Sq Ft—DOM50 / 42New2Total9
Multi-Family
Avg/Median Price$1,950,000 / $1,950,000Range$1,950,000 – $1,950,000Price per Sq Ft$407 / $407Sq Ft4,796 / 4,796DOM75 / 75New0Total1
Single Family
Avg/Median Price$2,194,652 / $1,765,000Range$875,000 – $9,800,000Price per Sq Ft$672 / $614Sq Ft3,244 / 2,990DOM28 / 19New18Total138
Townhouse
Avg/Median Price$998,690 / $1,015,000Range$734,950 – $1,250,000Price per Sq Ft$525 / $518Sq Ft1,907 / 1,800DOM51 / 26New0Total10
Sales by Bedroom Count
Studio
Avg:$300,000Median:$300,000Range:$300,000 – $300,000PSF:$632 / $632Sq Ft:475 / 475DOM:85 / 85New:0Total:1
1 Beds
Avg:$400,400Median:$399,000Range:$395,000 – $410,000PSF:$590 / $584Sq Ft:680 / 702DOM:60 / 33New:0Total:5
2 Beds
Avg:$593,975Median:$510,000Range:$468,000 – $869,000PSF:$491 / $483Sq Ft:1,214 / 988DOM:117 / 89New:0Total:4
3 Beds
Avg:$1,304,024Median:$1,250,000Range:$617,000 – $2,209,800PSF:$645 / $652Sq Ft:2,053 / 1,890DOM:32 / 17New:2Total:38
4 Beds
Avg:$2,017,259Median:$1,750,000Range:$875,000 – $6,100,000PSF:$644 / $600Sq Ft:3,174 / 2,990DOM:28 / 20New:7Total:68
5 Beds
Avg:$2,901,161Median:$2,125,000Range:$1,365,000 – $9,800,000PSF:$714 / $612Sq Ft:3,902 / 3,500DOM:26 / 14New:6Total:36
6 Beds
Avg:$3,247,998Median:$2,499,000Range:$1,450,000 – $7,400,000PSF:$673 / $557Sq Ft:4,586 / 4,530DOM:27 / 11New:3Total:6
7 Beds
Avg:$2,600,000Median:$2,600,000Range:$2,600,000 – $2,600,000PSF:$462 / $462Sq Ft:5,630 / 5,630DOM:76 / 76New:0Total:1
8 Beds
Avg:$1,950,000Median:$1,950,000Range:$1,950,000 – $1,950,000PSF:$407 / $407Sq Ft:4,796 / 4,796DOM:75 / 75New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $300,000 | $300,000 | $300,000 – $300,000 | $632 / $632 | 475 / 475 | 85 / 85 | 0 | 1 |
| 1 Beds | $400,400 | $399,000 | $395,000 – $410,000 | $590 / $584 | 680 / 702 | 60 / 33 | 0 | 5 |
| 2 Beds | $593,975 | $510,000 | $468,000 – $869,000 | $491 / $483 | 1,214 / 988 | 117 / 89 | 0 | 4 |
| 3 Beds | $1,304,024 | $1,250,000 | $617,000 – $2,209,800 | $645 / $652 | 2,053 / 1,890 | 32 / 17 | 2 | 38 |
| 4 Beds | $2,017,259 | $1,750,000 | $875,000 – $6,100,000 | $644 / $600 | 3,174 / 2,990 | 28 / 20 | 7 | 68 |
| 5 Beds | $2,901,161 | $2,125,000 | $1,365,000 – $9,800,000 | $714 / $612 | 3,902 / 3,500 | 26 / 14 | 6 | 36 |
| 6 Beds | $3,247,998 | $2,499,000 | $1,450,000 – $7,400,000 | $673 / $557 | 4,586 / 4,530 | 27 / 11 | 3 | 6 |
| 7 Beds | $2,600,000 | $2,600,000 | $2,600,000 – $2,600,000 | $462 / $462 | 5,630 / 5,630 | 76 / 76 | 0 | 1 |
| 8 Beds | $1,950,000 | $1,950,000 | $1,950,000 – $1,950,000 | $407 / $407 | 4,796 / 4,796 | 75 / 75 | 0 | 1 |
Rental Market Overview
Median Rent
$3,700
+7.2%
Median DOM
18
−14.3%
New Listings
5
Inventory
23
+9.5%
- Average Rent: $3,593
- Median Rent: $3,700
- Rent Range: $1,050 – $7,000
- Rent per Sq Ft (Avg/Median): $2 / $3
- Square Footage (Avg/Median): 1,856 / 1,373
- Square Footage Range: 590 – 4,070
- Days on Market (Avg/Median): 31 / 18
- Days on Market Range: 1 – 236
- New Listings: 5
- Total Listings: 23
Rentals by Property Type
Apartment
$2,024
Median DOM: 43
Inventory: 5
MoM: +7.2%
Condo
$2,550
Median DOM: 13
Inventory: 1
MoM: +7.2%
Single Family
$4,330
Median DOM: 15
Inventory: 15
MoM: +7.2%
Townhouse
$3,700
Median DOM: 12
Inventory: 2
MoM: +7.2%
Apartment
Avg/Median Rent$2,535 / $2,024Range$1,995 – $4,387Rent per Sq Ft$3 / $3Sq Ft662 / 601DOM140 / 43New0Total5
Condo
Avg/Median Rent$2,550 / $2,550Range$2,550 – $2,550Rent per Sq Ft$3 / $3Sq Ft966 / 966DOM13 / 13New0Total1
Single Family
Avg/Median Rent$3,965 / $4,330Range$1,050 – $7,000Rent per Sq Ft$2 / $2Sq Ft2,314 / 2,380DOM18 / 15New4Total15
Townhouse
Avg/Median Rent$3,975 / $3,700Range$3,700 – $4,250Rent per Sq Ft$2 / $2Sq Ft1,714 / 1,373DOM16 / 12New1Total2
Rentals by Bedroom Count
Studio
Avg:$2,024Median:$2,024Range:$2,024 – $2,024PSF:$3 / $3Sq Ft:590 / 590DOM:—New:0Total:1
1 Beds
Avg:$1,713Median:$1,995Range:$1,050 – $2,270PSF:$3 / $3Sq Ft:686 / 659DOM:30 / 28New:0Total:5
2 Beds
Avg:$3,279Median:$2,900Range:$2,550 – $4,387PSF:$3 / $3Sq Ft:908 / 850DOM:90 / 21New:0Total:3
3 Beds
Avg:$3,633Median:$3,450Range:$2,950 – $4,350PSF:$3 / $3Sq Ft:1,445 / 1,350DOM:27 / 20New:2Total:6
4 Beds
Avg:$4,874Median:$4,700Range:$4,045 – $7,000PSF:$2 / $2Sq Ft:2,846 / 2,860DOM:9 / 1New:3Total:7
5 Beds
Avg:$6,300Median:$6,300Range:$6,300 – $6,300PSF:$2 / $2Sq Ft:4,070 / 4,070DOM:7 / 7New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $2,024 | $2,024 | $2,024 – $2,024 | $3 / $3 | 590 / 590 | — | 0 | 1 |
| 1 Beds | $1,713 | $1,995 | $1,050 – $2,270 | $3 / $3 | 686 / 659 | 30 / 28 | 0 | 5 |
| 2 Beds | $3,279 | $2,900 | $2,550 – $4,387 | $3 / $3 | 908 / 850 | 90 / 21 | 0 | 3 |
| 3 Beds | $3,633 | $3,450 | $2,950 – $4,350 | $3 / $3 | 1,445 / 1,350 | 27 / 20 | 2 | 6 |
| 4 Beds | $4,874 | $4,700 | $4,045 – $7,000 | $2 / $2 | 2,846 / 2,860 | 9 / 1 | 3 | 7 |
| 5 Beds | $6,300 | $6,300 | $6,300 – $6,300 | $2 / $2 | 4,070 / 4,070 | 7 / 7 | 0 | 1 |
6-Month Sales Trend
Dec 2025
Median Price:$1,529,800Median DOM:82New:7Total:79
Jan 2026
Median Price:$1,490,000Median DOM:70New:25Total:72
Feb 2026
Median Price:$1,575,000Median DOM:17New:43Total:102
Mar 2026
Median Price:$1,595,000Median DOM:18New:62Total:138
Apr 2026
Median Price:$1,625,000Median DOM:23New:44Total:152
May 2026
Median Price:$1,675,000Median DOM:21New:20Total:169
6-Month Rental Trend
Dec 2025
Median Rent:$3,995Median DOM:1New:22Total:48
Jan 2026
Median Rent:$3,800Median DOM:1New:17Total:43
Feb 2026
Median Rent:$3,495Median DOM:3New:9Total:39
Mar 2026
Median Rent:$3,250Median DOM:10New:7Total:26
Apr 2026
Median Rent:$3,450Median DOM:21New:4Total:21
May 2026
Median Rent:$3,700Median DOM:18New:5Total:23
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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