ZIP 98101 Housing Market Report

Northwest Seattle

Report period: August 2026

98101 Monthly Market Update – August 2026

ZIP 98101 · Last updated Aug 11, 2026 · Data range Mar 2026 – Aug 2026

Executive Snapshot

Median Sale Price
$630,000
−2.9%
Median DOM (Sales)
70
0.0%
New Listings (Sales)
11
−54.2%
Median Rent
$2,219
−2.0%
Median DOM (Rental)
26
−7.1%
Total Rental Listings
176
+1.7%

Month-over-Month Movement

Median sale prices eased compared to last month. Rents softened. Rental inventory expanded.

What's Moving Fastest

  • Fastest selling: Condo (70 DOM)
  • Fastest renting: Townhouse (1 DOM)
  • Strongest bedroom: 4 Beds ($6,200,000 median)

Sales Market Overview

Median Price
$630,000
−2.9%
Median DOM
70
0.0%
New Listings
11
−54.2%
Inventory
168
+1.2%
  • Average Price: $1,046,312
  • Median Price: $630,000
  • Price Range: $95,000 – $6,500,000
  • Price per Sq Ft (Avg/Median): $849 / $759
  • Square Footage (Avg/Median): 1,096 / 938
  • Square Footage Range: 310 – 4,488
  • Days on Market (Avg/Median): 83 / 70
  • Days on Market Range: 3 – 273
  • New Listings: 11
  • Total Listings: 168

Sales by Property Type

Condo
Avg/Median Price$1,046,312 / $630,000Range$95,000 – $6,500,000Price per Sq Ft$849 / $759Sq Ft1,096 / 938DOM83 / 70New11Total168

Sales by Bedroom Count

Studio
Avg:$313,580Median:$289,950Range:$95,000 – $450,000PSF:$758 / $663Sq Ft:461 / 431DOM:41 / 22New:3Total:10
1 Beds
Avg:$577,249Median:$575,000Range:$225,000 – $2,200,000PSF:$753 / $727Sq Ft:752 / 758DOM:89 / 81New:3Total:84
2 Beds
Avg:$1,536,376Median:$1,089,000Range:$395,880 – $6,400,000PSF:$929 / $793Sq Ft:1,497 / 1,316DOM:82 / 77New:5Total:67
3 Beds
Avg:$1,703,700Median:$1,599,998Range:$599,000 – $2,850,000PSF:$1,029 / $1,100Sq Ft:1,603 / 1,641DOM:58 / 55New:0Total:5
4 Beds
Avg:$6,350,000Median:$6,200,000Range:$6,200,000 – $6,500,000PSF:$2,002 / $1,839Sq Ft:3,188 / 3,004DOM:155 / 59New:0Total:2

Rental Market Overview

Median Rent
$2,219
−2.0%
Median DOM
26
−7.1%
New Listings
28
Inventory
176
+1.7%
  • Average Rent: $2,601
  • Median Rent: $2,219
  • Rent Range: $737 – $8,100
  • Rent per Sq Ft (Avg/Median): $4 / $3
  • Square Footage (Avg/Median): 729 / 644
  • Square Footage Range: 293 – 2,019
  • Days on Market (Avg/Median): 51 / 26
  • Days on Market Range: 1 – 362
  • New Listings: 28
  • Total Listings: 176

Rentals by Property Type

Apartment
$2,080
Median DOM: 42
Inventory: 118
MoM: −2.0%
Condo
$2,850
Median DOM: 17
Inventory: 49
MoM: −2.0%
Single Family
$1,875
Median DOM: 36
Inventory: 7
MoM: −2.0%
Townhouse
$2,830
Median DOM: 1
Inventory: 2
MoM: −2.0%
Apartment
Avg/Median Rent$2,269 / $2,080Range$737 – $7,040Rent per Sq Ft$3 / $3Sq Ft688 / 615DOM63 / 42New17Total118
Condo
Avg/Median Rent$3,432 / $2,850Range$1,500 – $8,100Rent per Sq Ft$4 / $4Sq Ft827 / 719DOM30 / 17New10Total49
Single Family
Avg/Median Rent$1,866 / $1,875Range$1,395 – $2,400Rent per Sq Ft$3 / $3Sq Ft563 / 527DOM37 / 36New1Total7
Townhouse
Avg/Median Rent$4,412 / $2,830Range$2,830 – $5,995Rent per Sq Ft$4 / $3Sq Ft1,334 / 650DOM13 / 1New0Total2

Rentals by Bedroom Count

Studio
Avg:$1,667Median:$1,650Range:$737 – $2,495PSF:$4 / $4Sq Ft:468 / 458DOM:81 / 54New:2Total:37
1 Beds
Avg:$2,355Median:$2,199Range:$1,295 – $7,040PSF:$4 / $3Sq Ft:640 / 644DOM:44 / 22New:19Total:100
2 Beds
Avg:$3,976Median:$3,395Range:$2,295 – $8,100PSF:$3 / $3Sq Ft:1,150 / 1,101DOM:46 / 26New:7Total:32
3 Beds
Avg:$4,784Median:$4,102Range:$3,717 – $7,995PSF:$3 / $3Sq Ft:1,452 / 1,383DOM:45 / 33New:0Total:7

6-Month Sales Trend

Mar 2026
Median Price:$649,950Median DOM:58New:30Total:136
Apr 2026
Median Price:$639,000Median DOM:56New:40Total:152
May 2026
Median Price:$649,950Median DOM:50New:39Total:165
Jun 2026
Median Price:$638,000Median DOM:61New:34Total:172
Jul 2026
Median Price:$649,000Median DOM:70New:24Total:166
Aug 2026
Median Price:$630,000Median DOM:70New:11Total:168

6-Month Rental Trend

Mar 2026
Median Rent:$2,207Median DOM:33New:27Total:127
Apr 2026
Median Rent:$2,250Median DOM:35New:34Total:132
May 2026
Median Rent:$2,295Median DOM:29New:43Total:146
Jun 2026
Median Rent:$2,295Median DOM:24New:57Total:156
Jul 2026
Median Rent:$2,265Median DOM:28New:50Total:173
Aug 2026
Median Rent:$2,219Median DOM:26New:28Total:176

Key Market Takeaways

Median sale prices softened this month while inventory expanded. Days on market were unchanged, signaling steady 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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