ZIP 98087 Housing Market Report
Northwest Seattle
Report period: August 2026
98087 Monthly Market Update – August 2026
ZIP 98087 · Last updated Aug 11, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$699,900
−0.0%
Median DOM (Sales)
33
+6.5%
New Listings (Sales)
25
−69.5%
Median Rent
$2,120
0.0%
Median DOM (Rental)
22
+100.0%
Total Rental Listings
533
+1.7%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market lengthened. Rents were stable. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Townhouse (27 DOM)
- Fastest renting: Multi-Family (1 DOM)
- Strongest bedroom: 8 Beds ($1,270,000 median)
Sales Market Overview
Median Price
$699,900
−0.0%
Median DOM
33
+6.5%
New Listings
25
−69.5%
Inventory
238
+3.5%
- Average Price: $697,365
- Median Price: $699,900
- Price Range: $46,000 – $2,095,000
- Price per Sq Ft (Avg/Median): $372 / $383
- Square Footage (Avg/Median): 1,880 / 1,840
- Square Footage Range: 576 – 5,348
- Days on Market (Avg/Median): 50 / 33
- Days on Market Range: 2 – 312
- New Listings: 25
- Total Listings: 238
Sales by Property Type
Condo
Avg/Median Price$512,840 / $439,000Range$180,000 – $850,000Price per Sq Ft$343 / $340Sq Ft1,499 / 1,340DOM65 / 48New1Total37
Land
Avg/Median Price$466,972 / $199,888Range$109,000 – $800,000Price per Sq Ft—Sq Ft—DOM69 / 43New0Total4
Manufactured
Avg/Median Price$127,913 / $119,950Range$46,000 – $275,000Price per Sq Ft$135 / $139Sq Ft930 / 840DOM127 / 114New0Total14
Multi-Family
Avg/Median Price$1,076,143 / $1,050,000Range$899,000 – $1,275,000Price per Sq Ft$326 / $330Sq Ft3,315 / 3,256DOM101 / 68New2Total7
Single Family
Avg/Median Price$919,715 / $859,990Range$469,950 – $2,095,000Price per Sq Ft$422 / $409Sq Ft2,258 / 2,102DOM43 / 31New4Total83
Townhouse
Avg/Median Price$639,459 / $630,000Range$295,000 – $999,950Price per Sq Ft$376 / $379Sq Ft1,718 / 1,646DOM34 / 27New18Total93
Sales by Bedroom Count
1 Beds
Avg:$156,414Median:$130,000Range:$110,000 – $220,000PSF:$214 / $200Sq Ft:735 / 740DOM:133 / 123New:0Total:7
2 Beds
Avg:$402,728Median:$395,000Range:$46,000 – $999,950PSF:$331 / $368Sq Ft:1,168 / 1,061DOM:64 / 43New:5Total:41
3 Beds
Avg:$662,242Median:$649,950Range:$169,999 – $1,399,950PSF:$404 / $395Sq Ft:1,661 / 1,598DOM:34 / 26New:13Total:85
4 Beds
Avg:$836,870Median:$820,000Range:$275,000 – $1,609,000PSF:$380 / $388Sq Ft:2,218 / 2,163DOM:42 / 32New:5Total:78
5 Beds
Avg:$1,022,603Median:$1,024,950Range:$729,950 – $1,599,000PSF:$369 / $378Sq Ft:2,816 / 2,665DOM:84 / 54New:0Total:13
6 Beds
Avg:$1,226,286Median:$1,075,000Range:$899,000 – $2,095,000PSF:$334 / $330Sq Ft:3,695 / 3,256DOM:66 / 57New:1Total:7
7 Beds
Avg:$892,000Median:$815,000Range:$815,000 – $969,000PSF:$291 / $283Sq Ft:3,065 / 2,882DOM:12 / 8New:1Total:2
8 Beds
Avg:$1,270,000Median:$1,270,000Range:$1,270,000 – $1,270,000PSF:$333 / $333Sq Ft:3,812 / 3,812DOM:310 / 310New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $156,414 | $130,000 | $110,000 – $220,000 | $214 / $200 | 735 / 740 | 133 / 123 | 0 | 7 |
| 2 Beds | $402,728 | $395,000 | $46,000 – $999,950 | $331 / $368 | 1,168 / 1,061 | 64 / 43 | 5 | 41 |
| 3 Beds | $662,242 | $649,950 | $169,999 – $1,399,950 | $404 / $395 | 1,661 / 1,598 | 34 / 26 | 13 | 85 |
| 4 Beds | $836,870 | $820,000 | $275,000 – $1,609,000 | $380 / $388 | 2,218 / 2,163 | 42 / 32 | 5 | 78 |
| 5 Beds | $1,022,603 | $1,024,950 | $729,950 – $1,599,000 | $369 / $378 | 2,816 / 2,665 | 84 / 54 | 0 | 13 |
| 6 Beds | $1,226,286 | $1,075,000 | $899,000 – $2,095,000 | $334 / $330 | 3,695 / 3,256 | 66 / 57 | 1 | 7 |
| 7 Beds | $892,000 | $815,000 | $815,000 – $969,000 | $291 / $283 | 3,065 / 2,882 | 12 / 8 | 1 | 2 |
| 8 Beds | $1,270,000 | $1,270,000 | $1,270,000 – $1,270,000 | $333 / $333 | 3,812 / 3,812 | 310 / 310 | 0 | 1 |
Rental Market Overview
Median Rent
$2,120
0.0%
Median DOM
22
+100.0%
New Listings
46
Inventory
533
+1.7%
- Average Rent: $2,192
- Median Rent: $2,120
- Rent Range: $875 – $6,429
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,012 / 950
- Square Footage Range: 300 – 3,151
- Days on Market (Avg/Median): 24 / 22
- Days on Market Range: 1 – 336
- New Listings: 46
- Total Listings: 533
Rentals by Property Type
Apartment
$2,039
Median DOM: 22
Inventory: 454
MoM: 0.0%
Condo
$2,375
Median DOM: 6
Inventory: 12
MoM: 0.0%
Single Family
$3,200
Median DOM: 1
Inventory: 50
MoM: 0.0%
Townhouse
$3,300
Median DOM: 6
Inventory: 15
MoM: 0.0%
Apartment
Avg/Median Rent$2,045 / $2,039Range$1,200 – $4,210Rent per Sq Ft$2 / $2Sq Ft895 / 920DOM25 / 22New20Total454
Condo
Avg/Median Rent$2,421 / $2,375Range$1,395 – $3,400Rent per Sq Ft$2 / $2Sq Ft1,200 / 1,041DOM15 / 6New3Total12
Multi-Family
Avg/Median Rent$2,245 / $1,795Range$1,795 – $2,695Rent per Sq Ft$2 / $1Sq Ft1,235 / 1,205DOM1 / 1New1Total2
Single Family
Avg/Median Rent$3,109 / $3,200Range$875 – $4,600Rent per Sq Ft$2 / $2Sq Ft1,873 / 1,914DOM10 / 1New17Total50
Townhouse
Avg/Median Rent$3,408 / $3,300Range$1,595 – $6,429Rent per Sq Ft$2 / $2Sq Ft1,668 / 1,626DOM62 / 6New5Total15
Rentals by Bedroom Count
Studio
Avg:$1,650Median:$1,600Range:$1,600 – $1,739PSF:$3 / $3Sq Ft:530 / 520DOM:160 / 237New:0Total:4
1 Beds
Avg:$1,679Median:$1,700Range:$875 – $1,921PSF:$2 / $2Sq Ft:726 / 700DOM:29 / 22New:5Total:139
2 Beds
Avg:$2,138Median:$2,120Range:$1,395 – $4,940PSF:$2 / $2Sq Ft:954 / 950DOM:23 / 22New:18Total:249
3 Beds
Avg:$2,618Median:$2,400Range:$1,993 – $6,429PSF:$2 / $2Sq Ft:1,203 / 1,070DOM:22 / 22New:13Total:111
4 Beds
Avg:$3,408Median:$3,500Range:$1,999 – $4,600PSF:$2 / $2Sq Ft:2,057 / 2,080DOM:7 / 1New:7Total:22
5 Beds
Avg:$3,792Median:$3,595Range:$3,300 – $4,200PSF:$2 / $2Sq Ft:2,482 / 2,302DOM:8 / 1New:3Total:8
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,650 | $1,600 | $1,600 – $1,739 | $3 / $3 | 530 / 520 | 160 / 237 | 0 | 4 |
| 1 Beds | $1,679 | $1,700 | $875 – $1,921 | $2 / $2 | 726 / 700 | 29 / 22 | 5 | 139 |
| 2 Beds | $2,138 | $2,120 | $1,395 – $4,940 | $2 / $2 | 954 / 950 | 23 / 22 | 18 | 249 |
| 3 Beds | $2,618 | $2,400 | $1,993 – $6,429 | $2 / $2 | 1,203 / 1,070 | 22 / 22 | 13 | 111 |
| 4 Beds | $3,408 | $3,500 | $1,999 – $4,600 | $2 / $2 | 2,057 / 2,080 | 7 / 1 | 7 | 22 |
| 5 Beds | $3,792 | $3,595 | $3,300 – $4,200 | $2 / $2 | 2,482 / 2,302 | 8 / 1 | 3 | 8 |
6-Month Sales Trend
Mar 2026
Median Price:$699,950Median DOM:26New:54Total:161
Apr 2026
Median Price:$709,995Median DOM:27New:68Total:191
May 2026
Median Price:$724,950Median DOM:25New:86Total:227
Jun 2026
Median Price:$705,000Median DOM:28New:74Total:239
Jul 2026
Median Price:$699,950Median DOM:31New:82Total:230
Aug 2026
Median Price:$699,900Median DOM:33New:25Total:238
6-Month Rental Trend
Mar 2026
Median Rent:$2,350Median DOM:1New:62Total:142
Apr 2026
Median Rent:$2,345Median DOM:1New:50Total:141
May 2026
Median Rent:$2,300Median DOM:1New:54Total:117
Jun 2026
Median Rent:$2,359Median DOM:1New:65Total:134
Jul 2026
Median Rent:$2,120Median DOM:11New:445Total:524
Aug 2026
Median Rent:$2,120Median DOM:22New:46Total:533
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 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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