ZIP 98087 Housing Market Report
Northwest Seattle
Report period: March 2026
98087 Monthly Market Update – March 2026
ZIP 98087 · Last updated Mar 12, 2026 · Data range Oct 2025 – Mar 2026
Executive Snapshot
Median Sale Price
$694,995
0.0%
Median DOM (Sales)
28
−6.7%
New Listings (Sales)
22
−43.6%
Median Rent
$2,350
−5.8%
Median DOM (Rental)
1
0.0%
Total Rental Listings
160
+5.3%
Month-over-Month Movement
Median sale prices were flat. Days on market improved. Rents softened. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Multi-Family (15 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 8 Beds ($1,299,900 median)
Sales Market Overview
Median Price
$694,995
0.0%
Median DOM
28
−6.7%
New Listings
22
−43.6%
Inventory
160
+6.7%
- Average Price: $723,551
- Median Price: $694,995
- Price Range: $39,900 – $3,300,000
- Price per Sq Ft (Avg/Median): $390 / $400
- Square Footage (Avg/Median): 1,793 / 1,653
- Square Footage Range: 576 – 5,101
- Days on Market (Avg/Median): 52 / 28
- Days on Market Range: 1 – 349
- New Listings: 22
- Total Listings: 160
Sales by Property Type
Condo
Avg/Median Price$547,087 / $540,000Range$200,000 – $950,000Price per Sq Ft$359 / $378Sq Ft1,532 / 1,391DOM82 / 22New7Total27
Land
Avg/Median Price$1,466,333 / $990,000Range$109,000 – $3,300,000Price per Sq Ft—Sq Ft—DOM115 / 143New1Total3
Manufactured
Avg/Median Price$108,075 / $115,000Range$39,900 – $174,950Price per Sq Ft$119 / $121Sq Ft929 / 879DOM98 / 89New1Total11
Multi-Family
Avg/Median Price$1,149,738 / $1,065,000Range$775,000 – $1,795,000Price per Sq Ft$389 / $341Sq Ft3,074 / 3,248DOM71 / 15New1Total8
Single Family
Avg/Median Price$963,160 / $874,900Range$589,950 – $2,198,500Price per Sq Ft$462 / $440Sq Ft2,165 / 2,016DOM43 / 27New3Total40
Townhouse
Avg/Median Price$671,616 / $669,900Range$399,999 – $968,000Price per Sq Ft$403 / $403Sq Ft1,672 / 1,646DOM34 / 28New9Total71
Sales by Bedroom Count
1 Beds
Avg:$170,000Median:$140,000Range:$115,000 – $225,000PSF:$232 / $192Sq Ft:736 / 740DOM:128 / 73New:1Total:4
2 Beds
Avg:$438,052Median:$525,000Range:$39,900 – $684,900PSF:$327 / $378Sq Ft:1,267 / 1,392DOM:58 / 29New:6Total:38
3 Beds
Avg:$685,254Median:$689,900Range:$174,950 – $1,049,950PSF:$425 / $410Sq Ft:1,640 / 1,634DOM:47 / 28New:6Total:60
4 Beds
Avg:$854,427Median:$825,000Range:$550,000 – $1,695,000PSF:$410 / $420Sq Ft:2,093 / 1,966DOM:36 / 27New:8Total:39
5 Beds
Avg:$1,152,050Median:$950,000Range:$775,000 – $2,198,500PSF:$431 / $436Sq Ft:2,739 / 2,651DOM:83 / 36New:0Total:8
6 Beds
Avg:$1,245,800Median:$1,188,000Range:$996,000 – $1,795,000PSF:$356 / $356Sq Ft:3,529 / 3,335DOM:43 / 26New:0Total:5
7 Beds
Avg:$1,430,000Median:$1,065,000Range:$1,065,000 – $1,795,000PSF:$402 / $328Sq Ft:3,512 / 3,248DOM:14 / 13New:0Total:2
8 Beds
Avg:$1,299,900Median:$1,299,900Range:$1,299,900 – $1,299,900PSF:$341 / $341Sq Ft:3,812 / 3,812DOM:170 / 170New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $170,000 | $140,000 | $115,000 – $225,000 | $232 / $192 | 736 / 740 | 128 / 73 | 1 | 4 |
| 2 Beds | $438,052 | $525,000 | $39,900 – $684,900 | $327 / $378 | 1,267 / 1,392 | 58 / 29 | 6 | 38 |
| 3 Beds | $685,254 | $689,900 | $174,950 – $1,049,950 | $425 / $410 | 1,640 / 1,634 | 47 / 28 | 6 | 60 |
| 4 Beds | $854,427 | $825,000 | $550,000 – $1,695,000 | $410 / $420 | 2,093 / 1,966 | 36 / 27 | 8 | 39 |
| 5 Beds | $1,152,050 | $950,000 | $775,000 – $2,198,500 | $431 / $436 | 2,739 / 2,651 | 83 / 36 | 0 | 8 |
| 6 Beds | $1,245,800 | $1,188,000 | $996,000 – $1,795,000 | $356 / $356 | 3,529 / 3,335 | 43 / 26 | 0 | 5 |
| 7 Beds | $1,430,000 | $1,065,000 | $1,065,000 – $1,795,000 | $402 / $328 | 3,512 / 3,248 | 14 / 13 | 0 | 2 |
| 8 Beds | $1,299,900 | $1,299,900 | $1,299,900 – $1,299,900 | $341 / $341 | 3,812 / 3,812 | 170 / 170 | 0 | 1 |
Rental Market Overview
Median Rent
$2,350
−5.8%
Median DOM
1
0.0%
New Listings
48
Inventory
160
+5.3%
- Average Rent: $2,505
- Median Rent: $2,350
- Rent Range: $800 – $6,968
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,278 / 1,007
- Square Footage Range: 300 – 8,072
- Days on Market (Avg/Median): 31 / 1
- Days on Market Range: 1 – 346
- New Listings: 48
- Total Listings: 160
Rentals by Property Type
Apartment
$1,695
Median DOM: 1
Inventory: 89
MoM: −5.8%
Condo
$2,500
Median DOM: 1
Inventory: 6
MoM: −5.8%
Single Family
$3,300
Median DOM: 1
Inventory: 37
MoM: −5.8%
Townhouse
$3,100
Median DOM: 11
Inventory: 26
MoM: −5.8%
Apartment
Avg/Median Rent$2,015 / $1,695Range$800 – $6,968Rent per Sq Ft$3 / $3Sq Ft828 / 742DOM31 / 1New33Total89
Condo
Avg/Median Rent$2,736 / $2,500Range$1,725 – $3,540Rent per Sq Ft$2 / $2Sq Ft1,513 / 1,384DOM65 / 1New2Total6
Multi-Family
Avg/Median Rent$2,698 / $2,595Range$2,595 – $2,800Rent per Sq Ft$2 / $1Sq Ft1,817 / 1,550DOM20 / 17New0Total2
Single Family
Avg/Median Rent$3,317 / $3,300Range$2,495 – $5,900Rent per Sq Ft$2 / $2Sq Ft1,979 / 1,892DOM14 / 1New11Total37
Townhouse
Avg/Median Rent$2,958 / $3,100Range$800 – $5,836Rent per Sq Ft$2 / $2Sq Ft1,744 / 1,800DOM49 / 11New2Total26
Rentals by Bedroom Count
Studio
Avg:$1,658Median:$1,600Range:$1,600 – $1,813PSF:$3 / $3Sq Ft:531 / 520DOM:18 / 1New:4Total:6
1 Beds
Avg:$1,532Median:$1,500Range:$800 – $1,930PSF:$3 / $3Sq Ft:658 / 496DOM:43 / 1New:11Total:47
2 Beds
Avg:$2,394Median:$2,350Range:$800 – $5,346PSF:$2 / $2Sq Ft:1,162 / 938DOM:31 / 1New:18Total:40
3 Beds
Avg:$3,183Median:$3,150Range:$2,350 – $5,900PSF:$2 / $2Sq Ft:1,680 / 1,655DOM:28 / 10New:10Total:39
4 Beds
Avg:$3,370Median:$3,445Range:$2,495 – $3,750PSF:$2 / $2Sq Ft:2,055 / 2,042DOM:19 / 1New:4Total:23
5 Beds
Avg:$4,293Median:$3,500Range:$3,500 – $6,968PSF:$2 / $2Sq Ft:2,404 / 2,146DOM:34 / 1New:1Total:5
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,658 | $1,600 | $1,600 – $1,813 | $3 / $3 | 531 / 520 | 18 / 1 | 4 | 6 |
| 1 Beds | $1,532 | $1,500 | $800 – $1,930 | $3 / $3 | 658 / 496 | 43 / 1 | 11 | 47 |
| 2 Beds | $2,394 | $2,350 | $800 – $5,346 | $2 / $2 | 1,162 / 938 | 31 / 1 | 18 | 40 |
| 3 Beds | $3,183 | $3,150 | $2,350 – $5,900 | $2 / $2 | 1,680 / 1,655 | 28 / 10 | 10 | 39 |
| 4 Beds | $3,370 | $3,445 | $2,495 – $3,750 | $2 / $2 | 2,055 / 2,042 | 19 / 1 | 4 | 23 |
| 5 Beds | $4,293 | $3,500 | $3,500 – $6,968 | $2 / $2 | 2,404 / 2,146 | 34 / 1 | 1 | 5 |
6-Month Sales Trend
Oct 2025
Median Price:$659,900Median DOM:35New:48Total:194
Nov 2025
Median Price:$684,900Median DOM:43New:36Total:173
Dec 2025
Median Price:$679,950Median DOM:47New:33Total:157
Jan 2026
Median Price:$694,995Median DOM:35New:49Total:163
Feb 2026
Median Price:$694,995Median DOM:30New:39Total:150
Mar 2026
Median Price:$694,995Median DOM:28New:22Total:160
6-Month Rental Trend
Oct 2025
Median Rent:$2,400Median DOM:1New:95Total:160
Nov 2025
Median Rent:$2,350Median DOM:1New:96Total:166
Dec 2025
Median Rent:$2,250Median DOM:1New:77Total:155
Jan 2026
Median Rent:$2,300Median DOM:1New:74Total:148
Feb 2026
Median Rent:$2,495Median DOM:1New:65Total:152
Mar 2026
Median Rent:$2,350Median DOM:1New:48Total:160
Key Market Takeaways
Median sale prices held steady this month while inventory expanded. Days on market declined, signaling improving buyer activity. Rental pricing eased, 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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