ZIP 98102 Housing Market Report

Northwest Seattle

Report period: May 2026

98102 Monthly Market Update – May 2026

ZIP 98102 · Last updated May 12, 2026 · Data range Dec 2025 – May 2026

Executive Snapshot

Median Sale Price
$829,900
−4.6%
Median DOM (Sales)
40
+11.1%
New Listings (Sales)
16
−68.0%
Median Rent
$1,850
0.0%
Median DOM (Rental)
28
−6.7%
Total Rental Listings
346
+1.8%

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 (29 DOM)
  • Fastest renting: Condo (1 DOM)
  • Strongest bedroom: 5 Beds ($2,799,000 median)

Sales Market Overview

Median Price
$829,900
−4.6%
Median DOM
40
+11.1%
New Listings
16
−68.0%
Inventory
198
+7.0%
  • Average Price: $1,155,145
  • Median Price: $829,900
  • Price Range: $150,000 – $6,500,000
  • Price per Sq Ft (Avg/Median): $732 / $625
  • Square Footage (Avg/Median): 1,601 / 1,181
  • Square Footage Range: 275 – 8,100
  • Days on Market (Avg/Median): 62 / 40
  • Days on Market Range: 2 – 334
  • New Listings: 16
  • Total Listings: 198

Sales by Property Type

Condo
Avg/Median Price$617,786 / $479,000Range$255,000 – $4,250,000Price per Sq Ft$637 / $586Sq Ft900 / 814DOM57 / 40New11Total95
Land
Avg/Median Price$2,300,000 / $2,300,000Range$2,300,000 – $2,300,000Price per Sq FtSq FtDOMNew0Total1
Multi-Family
Avg/Median Price$1,681,400 / $1,475,000Range$1,095,000 – $3,250,000Price per Sq Ft$452 / $435Sq Ft3,903 / 3,580DOM94 / 41New0Total10
Single Family
Avg/Median Price$2,256,964 / $1,875,000Range$150,000 – $6,500,000Price per Sq Ft$1,078 / $778Sq Ft2,548 / 2,280DOM70 / 38New4Total42
Townhouse
Avg/Median Price$1,122,451 / $999,900Range$569,950 – $3,100,000Price per Sq Ft$677 / $678Sq Ft1,676 / 1,572DOM59 / 29New1Total50

Sales by Bedroom Count

Studio
Avg:$268,500Median:$269,000Range:$255,000 – $275,000PSF:$621 / $550Sq Ft:440 / 383DOM:138 / 81New:0Total:4
1 Beds
Avg:$480,770Median:$385,000Range:$150,000 – $3,250,000PSF:$621 / $594Sq Ft:812 / 664DOM:59 / 40New:6Total:54
2 Beds
Avg:$996,270Median:$760,000Range:$374,500 – $4,250,000PSF:$781 / $646Sq Ft:1,238 / 1,091DOM:52 / 28New:8Total:68
3 Beds
Avg:$1,677,572Median:$1,239,900Range:$499,950 – $4,850,000PSF:$893 / $697Sq Ft:1,958 / 1,783DOM:70 / 45New:1Total:45
4 Beds
Avg:$1,622,533Median:$1,475,000Range:$1,099,000 – $2,325,000PSF:$578 / $527Sq Ft:2,913 / 2,970DOM:56 / 38New:1Total:15
5 Beds
Avg:$3,650,571Median:$2,799,000Range:$1,600,000 – $6,500,000PSF:$676 / $581Sq Ft:5,351 / 5,117DOM:107 / 75New:0Total:7
6 Beds
Avg:$1,618,333Median:$1,485,000Range:$1,375,000 – $1,995,000PSF:$386 / $384Sq Ft:4,186 / 4,392DOM:42 / 33New:0Total:3
7 Beds
Avg:$1,399,000Median:$1,399,000Range:$1,399,000 – $1,399,000PSF:$365 / $365Sq Ft:3,830 / 3,830DOM:83 / 83New:0Total:1

Rental Market Overview

Median Rent
$1,850
0.0%
Median DOM
28
−6.7%
New Listings
67
Inventory
346
+1.8%
  • Average Rent: $2,232
  • Median Rent: $1,850
  • Rent Range: $800 – $9,500
  • Rent per Sq Ft (Avg/Median): $3 / $3
  • Square Footage (Avg/Median): 655 / 600
  • Square Footage Range: 250 – 1,918
  • Days on Market (Avg/Median): 72 / 28
  • Days on Market Range: 1 – 363
  • New Listings: 67
  • Total Listings: 346

Rentals by Property Type

Apartment
$1,725
Median DOM: 30
Inventory: 287
MoM: 0.0%
Condo
$2,200
Median DOM: 1
Inventory: 26
MoM: 0.0%
Single Family
$3,495
Median DOM: 4
Inventory: 15
MoM: 0.0%
Townhouse
$5,524
Median DOM: 211
Inventory: 18
MoM: 0.0%
Apartment
Avg/Median Rent$1,939 / $1,725Range$800 – $7,717Rent per Sq Ft$3 / $3Sq Ft613 / 582DOM76 / 30New49Total287
Condo
Avg/Median Rent$2,476 / $2,200Range$1,100 – $6,750Rent per Sq Ft$3 / $4Sq Ft719 / 656DOM20 / 1New9Total26
Single Family
Avg/Median Rent$3,130 / $3,495Range$1,255 – $5,795Rent per Sq Ft$3 / $3Sq Ft939 / 811DOM43 / 4New6Total15
Townhouse
Avg/Median Rent$5,799 / $5,524Range$2,000 – $9,500Rent per Sq Ft$3 / $3Sq Ft1,296 / 1,370DOM137 / 211New3Total18

Rentals by Bedroom Count

Studio
Avg:$1,405Median:$1,395Range:$800 – $1,974PSF:$4 / $4Sq Ft:427 / 427DOM:87 / 46New:22Total:112
1 Beds
Avg:$1,988Median:$1,895Range:$1,200 – $3,740PSF:$3 / $3Sq Ft:620 / 618DOM:66 / 20New:29Total:156
2 Beds
Avg:$3,658Median:$3,150Range:$1,060 – $7,735PSF:$3 / $3Sq Ft:995 / 950DOM:68 / 15New:12Total:63
3 Beds
Avg:$4,892Median:$4,450Range:$2,150 – $9,500PSF:$3 / $3Sq Ft:1,456 / 1,500DOM:83 / 30New:3Total:14
5 Beds
Avg:$5,795Median:$5,795Range:$5,795 – $5,795PSF:$4 / $4Sq Ft:1,530 / 1,530DOM:1 / 1New:1Total:1

6-Month Sales Trend

Dec 2025
Median Price:$849,900Median DOM:76New:16Total:143
Jan 2026
Median Price:$850,000Median DOM:63New:25Total:119
Feb 2026
Median Price:$839,950Median DOM:42New:42Total:125
Mar 2026
Median Price:$850,000Median DOM:33New:52Total:160
Apr 2026
Median Price:$869,990Median DOM:36New:50Total:185
May 2026
Median Price:$829,900Median DOM:40New:16Total:198

6-Month Rental Trend

Dec 2025
Median Rent:$1,832Median DOM:20New:116Total:369
Jan 2026
Median Rent:$1,798Median DOM:21New:124Total:369
Feb 2026
Median Rent:$1,795Median DOM:15New:106Total:365
Mar 2026
Median Rent:$1,800Median DOM:16New:97Total:360
Apr 2026
Median Rent:$1,850Median DOM:30New:89Total:340
May 2026
Median Rent:$1,850Median DOM:28New:67Total:346

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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