ZIP 98101 Housing Market Report
Northwest Seattle
Report period: March 2026
98101 Monthly Market Update – March 2026
ZIP 98101 · Last updated Mar 12, 2026 · Data range Oct 2025 – Mar 2026
Executive Snapshot
Median Sale Price
$640,000
0.0%
Median DOM (Sales)
49
+8.9%
New Listings (Sales)
10
−64.3%
Median Rent
$2,140
+0.5%
Median DOM (Rental)
43
−2.3%
Total Rental Listings
125
+3.3%
Month-over-Month Movement
Median sale prices were flat. Days on market lengthened. Rents moved higher. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Condo (49 DOM)
- Fastest renting: Multi-Family (10 DOM)
- Strongest bedroom: 4 Beds ($6,500,000 median)
Sales Market Overview
Median Price
$640,000
0.0%
Median DOM
49
+8.9%
New Listings
10
−64.3%
Inventory
136
+3.8%
- Average Price: $1,171,752
- Median Price: $640,000
- Price Range: $95,000 – $8,175,000
- Price per Sq Ft (Avg/Median): $934 / $823
- Square Footage (Avg/Median): 1,113 / 884
- Square Footage Range: 310 – 5,170
- Days on Market (Avg/Median): 80 / 49
- Days on Market Range: 2 – 325
- New Listings: 10
- Total Listings: 136
Sales by Property Type
Condo
Avg/Median Price$1,171,752 / $640,000Range$95,000 – $8,175,000Price per Sq Ft$934 / $823Sq Ft1,113 / 884DOM80 / 49New10Total136
Sales by Bedroom Count
Studio
Avg:$398,415Median:$399,000Range:$95,000 – $630,000PSF:$982 / $928Sq Ft:458 / 394DOM:94 / 49New:0Total:13
1 Beds
Avg:$594,301Median:$599,000Range:$280,000 – $1,750,000PSF:$828 / $781Sq Ft:732 / 690DOM:72 / 47New:4Total:61
2 Beds
Avg:$1,699,342Median:$1,260,000Range:$375,000 – $8,175,000PSF:$1,006 / $907Sq Ft:1,507 / 1,359DOM:83 / 51New:5Total:57
3 Beds
Avg:$3,641,000Median:$745,000Range:$619,000 – $7,000,000PSF:$1,056 / $529Sq Ft:2,801 / 1,408DOM:95 / 122New:1Total:4
4 Beds
Avg:$6,500,000Median:$6,500,000Range:$6,500,000 – $6,500,000PSF:$2,164 / $2,164Sq Ft:3,004 / 3,004DOM:98 / 98New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $398,415 | $399,000 | $95,000 – $630,000 | $982 / $928 | 458 / 394 | 94 / 49 | 0 | 13 |
| 1 Beds | $594,301 | $599,000 | $280,000 – $1,750,000 | $828 / $781 | 732 / 690 | 72 / 47 | 4 | 61 |
| 2 Beds | $1,699,342 | $1,260,000 | $375,000 – $8,175,000 | $1,006 / $907 | 1,507 / 1,359 | 83 / 51 | 5 | 57 |
| 3 Beds | $3,641,000 | $745,000 | $619,000 – $7,000,000 | $1,056 / $529 | 2,801 / 1,408 | 95 / 122 | 1 | 4 |
| 4 Beds | $6,500,000 | $6,500,000 | $6,500,000 – $6,500,000 | $2,164 / $2,164 | 3,004 / 3,004 | 98 / 98 | 0 | 1 |
Rental Market Overview
Median Rent
$2,140
+0.5%
Median DOM
43
−2.3%
New Listings
12
Inventory
125
+3.3%
- Average Rent: $2,578
- Median Rent: $2,140
- Rent Range: $999 – $8,400
- Rent per Sq Ft (Avg/Median): $3 / $3
- Square Footage (Avg/Median): 753 / 632
- Square Footage Range: 282 – 2,462
- Days on Market (Avg/Median): 66 / 43
- Days on Market Range: 1 – 325
- New Listings: 12
- Total Listings: 125
Rentals by Property Type
Apartment
$2,092
Median DOM: 54
Inventory: 97
MoM: +0.5%
Condo
$3,200
Median DOM: 14
Inventory: 22
MoM: +0.5%
Single Family
$1,620
Median DOM: 11
Inventory: 5
MoM: +0.5%
Townhouse
—
Median DOM: —
Inventory: —
MoM: +0.5%
Apartment
Avg/Median Rent$2,309 / $2,092Range$999 – $6,472Rent per Sq Ft$3 / $3Sq Ft720 / 615DOM74 / 54New4Total97
Condo
Avg/Median Rent$3,985 / $3,200Range$1,450 – $8,400Rent per Sq Ft$4 / $4Sq Ft961 / 742DOM56 / 14New5Total22
Multi-Family
Avg/Median Rent$1,675 / $1,675Range$1,675 – $1,675Rent per Sq Ft$3 / $3Sq Ft486 / 486DOM10 / 10New1Total1
Single Family
Avg/Median Rent$1,784 / $1,620Range$1,500 – $2,150Rent per Sq Ft$4 / $4Sq Ft501 / 527DOM14 / 11New2Total5
Rentals by Bedroom Count
Studio
Avg:$1,566Median:$1,500Range:$999 – $2,449PSF:$4 / $4Sq Ft:430 / 438DOM:51 / 15New:1Total:33
1 Beds
Avg:$2,325Median:$2,138Range:$1,250 – $6,472PSF:$3 / $3Sq Ft:636 / 632DOM:68 / 54New:5Total:60
2 Beds
Avg:$4,174Median:$3,049Range:$1,995 – $8,400PSF:$4 / $3Sq Ft:1,174 / 1,134DOM:51 / 28New:5Total:23
3 Beds
Avg:$3,892Median:$3,619Range:$2,995 – $5,409PSF:$2 / $3Sq Ft:1,605 / 1,383DOM:120 / 86New:1Total:9
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,566 | $1,500 | $999 – $2,449 | $4 / $4 | 430 / 438 | 51 / 15 | 1 | 33 |
| 1 Beds | $2,325 | $2,138 | $1,250 – $6,472 | $3 / $3 | 636 / 632 | 68 / 54 | 5 | 60 |
| 2 Beds | $4,174 | $3,049 | $1,995 – $8,400 | $4 / $3 | 1,174 / 1,134 | 51 / 28 | 5 | 23 |
| 3 Beds | $3,892 | $3,619 | $2,995 – $5,409 | $2 / $3 | 1,605 / 1,383 | 120 / 86 | 1 | 9 |
6-Month Sales Trend
Oct 2025
Median Price:$665,000Median DOM:66New:24Total:135
Nov 2025
Median Price:$680,000Median DOM:78New:14Total:135
Dec 2025
Median Price:$685,000Median DOM:91New:12Total:107
Jan 2026
Median Price:$665,000Median DOM:69New:43Total:126
Feb 2026
Median Price:$640,000Median DOM:45New:28Total:131
Mar 2026
Median Price:$640,000Median DOM:49New:10Total:136
6-Month Rental Trend
Oct 2025
Median Rent:$2,295Median DOM:37New:41Total:155
Nov 2025
Median Rent:$2,291Median DOM:42New:28Total:137
Dec 2025
Median Rent:$2,221Median DOM:49New:36Total:127
Jan 2026
Median Rent:$2,144Median DOM:44New:30Total:134
Feb 2026
Median Rent:$2,130Median DOM:44New:20Total:121
Mar 2026
Median Rent:$2,140Median DOM:43New:12Total:125
Key Market Takeaways
Median sale prices held steady this month while inventory expanded. Days on market lengthened, signaling slower 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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