ZIP 98102 Housing Market Report

Northwest Seattle

Report period: August 2026

98102 Monthly Market Update – August 2026

ZIP 98102 · Last updated Aug 11, 2026 · Data range Mar 2026 – Aug 2026

Executive Snapshot

Median Sale Price
$899,990
−2.7%
Median DOM (Sales)
41
+10.8%
New Listings (Sales)
12
−80.6%
Median Rent
$1,795
−2.9%
Median DOM (Rental)
17
−15.0%
Total Rental Listings
348
+0.3%

Month-over-Month Movement

Median sale prices eased compared to last month. Days on market lengthened. Rents softened. Rental inventory expanded.

What's Moving Fastest

  • Fastest selling: Townhouse (26 DOM)
  • Fastest renting: Condo (1 DOM)
  • Strongest bedroom: 5 Beds ($2,799,000 median)

Sales Market Overview

Median Price
$899,990
−2.7%
Median DOM
41
+10.8%
New Listings
12
−80.6%
Inventory
214
−5.3%
  • Average Price: $1,195,402
  • Median Price: $899,990
  • Price Range: $150,000 – $8,800,000
  • Price per Sq Ft (Avg/Median): $735 / $614
  • Square Footage (Avg/Median): 1,678 / 1,307
  • Square Footage Range: 275 – 11,520
  • Days on Market (Avg/Median): 59 / 41
  • Days on Market Range: 3 – 359
  • New Listings: 12
  • Total Listings: 214

Sales by Property Type

Condo
Avg/Median Price$662,046 / $460,000Range$229,000 – $3,995,000Price per Sq Ft$654 / $569Sq Ft936 / 818DOM59 / 47New5Total93
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$1,666,583 / $1,475,000Range$1,095,000 – $3,250,000Price per Sq Ft$468 / $456Sq Ft3,782 / 3,580DOM99 / 112New0Total12
Single Family
Avg/Median Price$2,047,557 / $1,500,000Range$150,000 – $8,800,000Price per Sq Ft$1,004 / $743Sq Ft2,489 / 1,760DOM54 / 33New3Total50
Townhouse
Avg/Median Price$1,199,464 / $999,950Range$649,000 – $2,850,000Price per Sq Ft$683 / $683Sq Ft1,770 / 1,641DOM54 / 26New4Total58

Sales by Bedroom Count

Studio
Avg:$334,625Median:$275,000Range:$229,000 – $799,000PSF:$695 / $584Sq Ft:469 / 500DOM:72 / 61New:1Total:8
1 Beds
Avg:$518,780Median:$390,000Range:$150,000 – $3,250,000PSF:$647 / $558Sq Ft:837 / 688DOM:69 / 53New:3Total:50
2 Beds
Avg:$995,344Median:$799,900Range:$339,000 – $3,995,000PSF:$786 / $647Sq Ft:1,250 / 1,073DOM:51 / 42New:4Total:68
3 Beds
Avg:$1,545,176Median:$1,195,900Range:$525,000 – $4,750,000PSF:$859 / $683Sq Ft:1,885 / 1,783DOM:55 / 32New:2Total:51
4 Beds
Avg:$1,571,198Median:$1,475,000Range:$849,950 – $4,999,000PSF:$616 / $588Sq Ft:2,626 / 2,650DOM:35 / 16New:2Total:21
5 Beds
Avg:$4,220,938Median:$2,799,000Range:$1,475,000 – $8,800,000PSF:$662 / $596Sq Ft:6,552 / 5,253DOM:96 / 55New:0Total:8
6 Beds
Avg:$1,481,000Median:$1,375,000Range:$1,300,000 – $1,895,000PSF:$414 / $384Sq Ft:3,724 / 3,830DOM:122 / 124New:0Total:5
7 Beds
Avg:$2,295,000Median:$2,295,000Range:$2,295,000 – $2,295,000PSF:$438 / $438Sq Ft:5,240 / 5,240DOM:75 / 75New:0Total:1
8 Beds
Avg:$1,950,000Median:$1,950,000Range:$1,950,000 – $1,950,000PSF:$474 / $474Sq Ft:4,113 / 4,113DOM:70 / 70New:0Total:1

Rental Market Overview

Median Rent
$1,795
−2.9%
Median DOM
17
−15.0%
New Listings
70
Inventory
348
+0.3%
  • Average Rent: $2,099
  • Median Rent: $1,795
  • Rent Range: $699 – $6,495
  • Rent per Sq Ft (Avg/Median): $3 / $3
  • Square Footage (Avg/Median): 646 / 600
  • Square Footage Range: 250 – 4,000
  • Days on Market (Avg/Median): 71 / 17
  • Days on Market Range: 1 – 357
  • New Listings: 70
  • Total Listings: 348

Rentals by Property Type

Apartment
$1,725
Median DOM: 32
Inventory: 285
MoM: −2.9%
Condo
$2,195
Median DOM: 1
Inventory: 28
MoM: −2.9%
Single Family
$2,295
Median DOM: 1
Inventory: 19
MoM: −2.9%
Townhouse
$5,895
Median DOM: 271
Inventory: 12
MoM: −2.9%
Apartment
Avg/Median Rent$1,864 / $1,725Range$699 – $4,000Rent per Sq Ft$3 / $3Sq Ft592 / 579DOM81 / 32New43Total285
Condo
Avg/Median Rent$2,412 / $2,195Range$1,299 – $3,900Rent per Sq Ft$3 / $3Sq Ft728 / 700DOM4 / 1New15Total28
Multi-Family
Avg/Median Rent$2,788 / $2,475Range$1,625 – $4,250Rent per Sq Ft$3 / $3Sq Ft975 / 711DOM21 / 20New1Total4
Single Family
Avg/Median Rent$2,764 / $2,295Range$1,255 – $6,495Rent per Sq Ft$3 / $3Sq Ft972 / 800DOM13 / 1New11Total19
Townhouse
Avg/Median Rent$5,651 / $5,895Range$4,450 – $6,361Rent per Sq Ft$3 / $3Sq Ft1,538 / 1,550DOM184 / 271New0Total12

Rentals by Bedroom Count

Studio
Avg:$1,437Median:$1,439Range:$699 – $2,145PSF:$4 / $4Sq Ft:415 / 425DOM:86 / 20New:20Total:118
1 Beds
Avg:$1,951Median:$1,850Range:$1,350 – $3,250PSF:$3 / $3Sq Ft:634 / 630DOM:65 / 13New:35Total:151
2 Beds
Avg:$3,186Median:$2,749Range:$1,995 – $6,361PSF:$3 / $3Sq Ft:892 / 862DOM:71 / 17New:14Total:71
3 Beds
Avg:$4,615Median:$4,250Range:$4,000 – $5,895PSF:$3 / $3Sq Ft:1,665 / 1,700DOM:16 / 6New:1Total:6
4 Beds
Avg:$6,495Median:$6,495Range:$6,495 – $6,495PSF:$2 / $2Sq Ft:4,000 / 4,000DOM:1 / 1New:0Total:1
5 Beds
Avg:$5,795Median:$5,795Range:$5,795 – $5,795PSF:$4 / $4Sq Ft:1,530 / 1,530DOM:1 / 1New:0Total:1

6-Month Sales Trend

Mar 2026
Median Price:$850,000Median DOM:33New:52Total:160
Apr 2026
Median Price:$869,990Median DOM:36New:50Total:185
May 2026
Median Price:$899,000Median DOM:39New:58Total:205
Jun 2026
Median Price:$899,990Median DOM:41New:60Total:211
Jul 2026
Median Price:$925,000Median DOM:37New:62Total:226
Aug 2026
Median Price:$899,990Median DOM:41New:12Total:214

6-Month Rental Trend

Mar 2026
Median Rent:$1,800Median DOM:16New:97Total:360
Apr 2026
Median Rent:$1,850Median DOM:30New:89Total:340
May 2026
Median Rent:$1,825Median DOM:23New:101Total:344
Jun 2026
Median Rent:$1,850Median DOM:20New:102Total:341
Jul 2026
Median Rent:$1,849Median DOM:20New:108Total:347
Aug 2026
Median Rent:$1,795Median DOM:17New:70Total:348

Key Market Takeaways

Median sale prices softened this month while inventory compressed. Days on market lengthened, signaling slower 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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