ZIP 98101 Housing Market Report

Northwest Seattle

Report period: July 2026

98101 Monthly Market Update – July 2026

ZIP 98101 · Last updated Jul 12, 2026 · Data range Feb 2026 – Jul 2026

Executive Snapshot

Median Sale Price
$650,000
+1.9%
Median DOM (Sales)
60
−1.6%
New Listings (Sales)
10
−70.6%
Median Rent
$2,296
+0.0%
Median DOM (Rental)
25
+4.2%
Total Rental Listings
173
+10.9%

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: Condo (60 DOM)
  • Fastest renting: Townhouse (1 DOM)
  • Strongest bedroom: 4 Beds ($6,200,000 median)

Sales Market Overview

Median Price
$650,000
+1.9%
Median DOM
60
−1.6%
New Listings
10
−70.6%
Inventory
167
−2.9%
  • Average Price: $1,066,889
  • Median Price: $650,000
  • Price Range: $55,000 – $6,500,000
  • Price per Sq Ft (Avg/Median): $867 / $768
  • Square Footage (Avg/Median): 1,105 / 930
  • Square Footage Range: 310 – 4,488
  • Days on Market (Avg/Median): 77 / 60
  • Days on Market Range: 2 – 273
  • New Listings: 10
  • Total Listings: 167

Sales by Property Type

Condo
Avg/Median Price$1,066,889 / $650,000Range$55,000 – $6,500,000Price per Sq Ft$867 / $768Sq Ft1,105 / 930DOM77 / 60New10Total167

Sales by Bedroom Count

Studio
Avg:$273,700Median:$289,950Range:$55,000 – $498,000PSF:$812 / $660Sq Ft:459 / 424DOM:61 / 42New:1Total:7
1 Beds
Avg:$580,578Median:$585,000Range:$225,000 – $2,200,000PSF:$761 / $727Sq Ft:754 / 738DOM:77 / 61New:4Total:89
2 Beds
Avg:$1,603,753Median:$1,199,900Range:$395,880 – $6,400,000PSF:$959 / $802Sq Ft:1,522 / 1,414DOM:80 / 65New:5Total:64
3 Beds
Avg:$1,848,600Median:$1,750,000Range:$694,000 – $2,850,000PSF:$1,118 / $1,203Sq Ft:1,608 / 1,666DOM:41 / 33New: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:125 / 29New:0Total:2

Rental Market Overview

Median Rent
$2,296
+0.0%
Median DOM
25
+4.2%
New Listings
33
Inventory
173
+10.9%
  • Average Rent: $2,661
  • Median Rent: $2,296
  • Rent Range: $737 – $8,100
  • Rent per Sq Ft (Avg/Median): $4 / $4
  • Square Footage (Avg/Median): 738 / 644
  • Square Footage Range: 293 – 1,955
  • Days on Market (Avg/Median): 48 / 25
  • Days on Market Range: 1 – 333
  • New Listings: 33
  • Total Listings: 173

Rentals by Property Type

Apartment
$2,195
Median DOM: 34
Inventory: 113
MoM: +0.0%
Condo
$2,850
Median DOM: 14
Inventory: 52
MoM: +0.0%
Single Family
$1,800
Median DOM: 26
Inventory: 6
MoM: +0.0%
Townhouse
$2,830
Median DOM: 1
Inventory: 1
MoM: +0.0%
Apartment
Avg/Median Rent$2,358 / $2,195Range$737 – $8,027Rent per Sq Ft$3 / $3Sq Ft708 / 615DOM65 / 34New17Total113
Condo
Avg/Median Rent$3,355 / $2,850Range$1,600 – $8,100Rent per Sq Ft$4 / $4Sq Ft811 / 700DOM21 / 14New14Total52
Multi-Family
Avg/Median Rent$1,675 / $1,675Range$1,675 – $1,675Rent per Sq Ft$3 / $3Sq Ft486 / 486DOM91 / 91New0Total1
Single Family
Avg/Median Rent$2,478 / $1,800Range$1,395 – $6,000Rent per Sq Ft$3 / $3Sq Ft725 / 527DOM23 / 26New1Total6
Townhouse
Avg/Median Rent$2,830 / $2,830Range$2,830 – $2,830Rent per Sq Ft$4 / $4Sq Ft650 / 650DOM1 / 1New1Total1

Rentals by Bedroom Count

Studio
Avg:$1,610Median:$1,599Range:$737 – $2,464PSF:$4 / $4Sq Ft:460 / 438DOM:77 / 36New:5Total:38
1 Beds
Avg:$2,400Median:$2,295Range:$848 – $7,040PSF:$4 / $4Sq Ft:638 / 644DOM:38 / 17New:20Total:92
2 Beds
Avg:$4,070Median:$3,466Range:$1,495 – $8,100PSF:$3 / $3Sq Ft:1,155 / 1,134DOM:46 / 27New:7Total:34
3 Beds
Avg:$4,437Median:$3,780Range:$3,239 – $7,995PSF:$3 / $3Sq Ft:1,406 / 1,383DOM:62 / 32New:1Total:9

6-Month Sales Trend

Feb 2026
Median Price:$640,000Median DOM:45New:28Total:131
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:$650,000Median DOM:60New:10Total:167

6-Month Rental Trend

Feb 2026
Median Rent:$2,130Median DOM:44New:20Total:121
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:$2,296Median DOM:25New:33Total:173

Key Market Takeaways

Median sale prices moved higher this month while inventory compressed. 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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