ZIP 98103 Housing Market Report
Northwest Seattle
Report period: May 2026
98103 Monthly Market Update – May 2026
ZIP 98103 · Last updated May 12, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$899,000
−0.1%
Median DOM (Sales)
24
0.0%
New Listings (Sales)
50
−52.8%
Median Rent
$1,895
0.0%
Median DOM (Rental)
13
−23.5%
Total Rental Listings
310
−2.2%
Month-over-Month Movement
Median sale prices eased compared to last month. Rents were stable. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Single Family (8 DOM)
- Fastest renting: Single Family (1 DOM)
- Strongest bedroom: 6 Beds ($1,585,000 median)
Sales Market Overview
Median Price
$899,000
−0.1%
Median DOM
24
0.0%
New Listings
50
−52.8%
Inventory
335
+7.7%
- Average Price: $1,008,298
- Median Price: $899,000
- Price Range: $125,000 – $5,500,000
- Price per Sq Ft (Avg/Median): $603 / $598
- Square Footage (Avg/Median): 1,800 / 1,570
- Square Footage Range: 290 – 16,974
- Days on Market (Avg/Median): 43 / 24
- Days on Market Range: 1 – 363
- New Listings: 50
- Total Listings: 335
Sales by Property Type
Condo
Avg/Median Price$608,026 / $480,000Range$199,999 – $2,450,000Price per Sq Ft$614 / $597Sq Ft991 / 843DOM43 / 24New11Total64
Land
Avg/Median Price$693,455 / $625,000Range$180,000 – $1,500,000Price per Sq Ft—Sq Ft—DOM98 / 70New0Total11
Multi-Family
Avg/Median Price$1,950,125 / $1,400,000Range$949,000 – $5,500,000Price per Sq Ft$406 / $381Sq Ft5,227 / 3,488DOM103 / 40New1Total16
Single Family
Avg/Median Price$1,265,433 / $1,125,000Range$125,000 – $3,275,000Price per Sq Ft$624 / $596Sq Ft2,132 / 1,860DOM27 / 8New20Total120
Townhouse
Avg/Median Price$872,453 / $859,000Range$428,800 – $1,595,000Price per Sq Ft$603 / $622Sq Ft1,455 / 1,477DOM46 / 29New18Total124
Sales by Bedroom Count
Studio
Avg:$279,790Median:$275,000Range:$199,999 – $329,950PSF:$618 / $591Sq Ft:471 / 455DOM:42 / 47New:1Total:5
1 Beds
Avg:$651,719Median:$425,000Range:$285,000 – $4,950,000PSF:$679 / $621Sq Ft:1,193 / 622DOM:46 / 23New:3Total:26
2 Beds
Avg:$715,436Median:$699,950Range:$125,000 – $2,198,000PSF:$630 / $608Sq Ft:1,157 / 1,093DOM:49 / 25New:17Total:96
3 Beds
Avg:$981,588Median:$980,000Range:$475,000 – $2,000,000PSF:$602 / $617Sq Ft:1,636 / 1,639DOM:30 / 17New:22Total:121
4 Beds
Avg:$1,435,424Median:$1,300,000Range:$699,000 – $2,450,000PSF:$584 / $595Sq Ft:2,473 / 2,400DOM:42 / 15New:3Total:39
5 Beds
Avg:$1,816,330Median:$1,525,000Range:$795,000 – $3,275,000PSF:$549 / $584Sq Ft:3,244 / 3,050DOM:27 / 13New:2Total:20
6 Beds
Avg:$1,619,555Median:$1,585,000Range:$930,000 – $2,259,000PSF:$525 / $549Sq Ft:3,184 / 2,930DOM:54 / 26New:1Total:9
7 Beds
Avg:$2,598,750Median:$1,525,000Range:$1,395,000 – $5,500,000PSF:$373 / $324Sq Ft:7,551 / 3,488DOM:143 / 24New:1Total:4
8 Beds
Avg:$1,768,750Median:$1,400,000Range:$1,250,000 – $2,525,000PSF:$346 / $345Sq Ft:5,184 / 4,706DOM:73 / 35New:0Total:4
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $279,790 | $275,000 | $199,999 – $329,950 | $618 / $591 | 471 / 455 | 42 / 47 | 1 | 5 |
| 1 Beds | $651,719 | $425,000 | $285,000 – $4,950,000 | $679 / $621 | 1,193 / 622 | 46 / 23 | 3 | 26 |
| 2 Beds | $715,436 | $699,950 | $125,000 – $2,198,000 | $630 / $608 | 1,157 / 1,093 | 49 / 25 | 17 | 96 |
| 3 Beds | $981,588 | $980,000 | $475,000 – $2,000,000 | $602 / $617 | 1,636 / 1,639 | 30 / 17 | 22 | 121 |
| 4 Beds | $1,435,424 | $1,300,000 | $699,000 – $2,450,000 | $584 / $595 | 2,473 / 2,400 | 42 / 15 | 3 | 39 |
| 5 Beds | $1,816,330 | $1,525,000 | $795,000 – $3,275,000 | $549 / $584 | 3,244 / 3,050 | 27 / 13 | 2 | 20 |
| 6 Beds | $1,619,555 | $1,585,000 | $930,000 – $2,259,000 | $525 / $549 | 3,184 / 2,930 | 54 / 26 | 1 | 9 |
| 7 Beds | $2,598,750 | $1,525,000 | $1,395,000 – $5,500,000 | $373 / $324 | 7,551 / 3,488 | 143 / 24 | 1 | 4 |
| 8 Beds | $1,768,750 | $1,400,000 | $1,250,000 – $2,525,000 | $346 / $345 | 5,184 / 4,706 | 73 / 35 | 0 | 4 |
Rental Market Overview
Median Rent
$1,895
0.0%
Median DOM
13
−23.5%
New Listings
57
Inventory
310
−2.2%
- Average Rent: $2,454
- Median Rent: $1,895
- Rent Range: $695 – $8,664
- Rent per Sq Ft (Avg/Median): $3 / $3
- Square Footage (Avg/Median): 835 / 675
- Square Footage Range: 250 – 3,540
- Days on Market (Avg/Median): 59 / 13
- Days on Market Range: 1 – 360
- New Listings: 57
- Total Listings: 310
Rentals by Property Type
Apartment
$1,750
Median DOM: 30
Inventory: 214
MoM: 0.0%
Condo
$2,275
Median DOM: 7
Inventory: 18
MoM: 0.0%
Single Family
$3,050
Median DOM: 1
Inventory: 41
MoM: 0.0%
Townhouse
$4,100
Median DOM: 7
Inventory: 34
MoM: 0.0%
Apartment
Avg/Median Rent$1,924 / $1,750Range$695 – $6,738Rent per Sq Ft$3 / $3Sq Ft634 / 600DOM69 / 30New35Total214
Condo
Avg/Median Rent$2,539 / $2,275Range$1,650 – $4,595Rent per Sq Ft$3 / $3Sq Ft917 / 775DOM18 / 7New6Total18
Multi-Family
Avg/Median Rent$2,999 / $2,500Range$1,998 – $4,500Rent per Sq Ft$3 / $2Sq Ft1,038 / 985DOM77 / 41New0Total3
Single Family
Avg/Median Rent$3,264 / $3,050Range$990 – $8,400Rent per Sq Ft$3 / $2Sq Ft1,402 / 1,200DOM23 / 1New10Total41
Townhouse
Avg/Median Rent$4,715 / $4,100Range$2,800 – $8,664Rent per Sq Ft$3 / $3Sq Ft1,403 / 1,369DOM66 / 7New6Total34
Rentals by Bedroom Count
Studio
Avg:$1,415Median:$1,400Range:$830 – $2,170PSF:$4 / $4Sq Ft:417 / 405DOM:78 / 32New:9Total:73
1 Beds
Avg:$1,816Median:$1,795Range:$695 – $3,099PSF:$3 / $3Sq Ft:628 / 620DOM:55 / 18New:24Total:109
2 Beds
Avg:$3,093Median:$2,645Range:$1,595 – $7,428PSF:$3 / $3Sq Ft:935 / 900DOM:60 / 18New:15Total:75
3 Beds
Avg:$4,014Median:$3,750Range:$1,620 – $8,664PSF:$3 / $2Sq Ft:1,499 / 1,470DOM:41 / 5New:6Total:41
4 Beds
Avg:$4,953Median:$4,500Range:$3,200 – $6,950PSF:$2 / $2Sq Ft:2,033 / 1,880DOM:71 / 8New:3Total:11
6 Beds
Avg:$8,400Median:$8,400Range:$8,400 – $8,400PSF:$2 / $2Sq Ft:3,540 / 3,540DOM:10 / 10New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,415 | $1,400 | $830 – $2,170 | $4 / $4 | 417 / 405 | 78 / 32 | 9 | 73 |
| 1 Beds | $1,816 | $1,795 | $695 – $3,099 | $3 / $3 | 628 / 620 | 55 / 18 | 24 | 109 |
| 2 Beds | $3,093 | $2,645 | $1,595 – $7,428 | $3 / $3 | 935 / 900 | 60 / 18 | 15 | 75 |
| 3 Beds | $4,014 | $3,750 | $1,620 – $8,664 | $3 / $2 | 1,499 / 1,470 | 41 / 5 | 6 | 41 |
| 4 Beds | $4,953 | $4,500 | $3,200 – $6,950 | $2 / $2 | 2,033 / 1,880 | 71 / 8 | 3 | 11 |
| 6 Beds | $8,400 | $8,400 | $8,400 – $8,400 | $2 / $2 | 3,540 / 3,540 | 10 / 10 | 0 | 1 |
6-Month Sales Trend
Dec 2025
Median Price:$824,900Median DOM:60New:29Total:220
Jan 2026
Median Price:$850,000Median DOM:49New:73Total:213
Feb 2026
Median Price:$935,000Median DOM:24New:87Total:238
Mar 2026
Median Price:$885,000Median DOM:26New:95Total:274
Apr 2026
Median Price:$899,950Median DOM:24New:106Total:311
May 2026
Median Price:$899,000Median DOM:24New:50Total:335
6-Month Rental Trend
Dec 2025
Median Rent:$1,994Median DOM:22New:115Total:328
Jan 2026
Median Rent:$1,993Median DOM:18New:123Total:329
Feb 2026
Median Rent:$1,950Median DOM:16New:97Total:318
Mar 2026
Median Rent:$1,895Median DOM:18New:102Total:310
Apr 2026
Median Rent:$1,895Median DOM:17New:93Total:317
May 2026
Median Rent:$1,895Median DOM:13New:57Total:310
Key Market Takeaways
Median sale prices softened this month while inventory expanded. Days on market were unchanged, signaling steady buyer activity. Rental pricing remained stable, while total rental inventory tightened.
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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