ZIP 98103 Housing Market Report

Northwest Seattle

Report period: August 2026

98103 Monthly Market Update – August 2026

ZIP 98103 · Last updated Aug 11, 2026 · Data range Mar 2026 – Aug 2026

Executive Snapshot

Median Sale Price
$825,000
−2.9%
Median DOM (Sales)
33
+13.8%
New Listings (Sales)
28
−76.1%
Median Rent
$2,045
+2.5%
Median DOM (Rental)
11
−35.3%
Total Rental Listings
352
+4.8%

Month-over-Month Movement

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

What's Moving Fastest

  • Fastest selling: Single Family (16 DOM)
  • Fastest renting: Single Family (1 DOM)
  • Strongest bedroom: 6 Beds ($1,649,950 median)

Sales Market Overview

Median Price
$825,000
−2.9%
Median DOM
33
+13.8%
New Listings
28
−76.1%
Inventory
354
−6.3%
  • Average Price: $908,433
  • Median Price: $825,000
  • Price Range: $125,000 – $5,500,000
  • Price per Sq Ft (Avg/Median): $569 / $566
  • Square Footage (Avg/Median): 1,719 / 1,462
  • Square Footage Range: 290 – 16,974
  • Days on Market (Avg/Median): 54 / 33
  • Days on Market Range: 2 – 322
  • New Listings: 28
  • Total Listings: 354

Sales by Property Type

Condo
Avg/Median Price$478,052 / $425,000Range$235,000 – $1,279,950Price per Sq Ft$600 / $581Sq Ft822 / 780DOM55 / 41New4Total80
Land
Avg/Median Price$754,795 / $674,000Range$125,000 – $1,500,000Price per Sq FtSq FtDOM138 / 153New0Total10
Multi-Family
Avg/Median Price$1,976,418 / $1,475,000Range$850,000 – $5,500,000Price per Sq Ft$418 / $381Sq Ft5,105 / 3,810DOM86 / 55New1Total19
Single Family
Avg/Median Price$1,124,389 / $1,015,000Range$125,000 – $3,250,000Price per Sq Ft$577 / $558Sq Ft2,038 / 1,950DOM38 / 16New16Total121
Townhouse
Avg/Median Price$824,112 / $819,900Range$449,900 – $1,595,000Price per Sq Ft$565 / $576Sq Ft1,466 / 1,440DOM57 / 34New7Total124

Sales by Bedroom Count

Studio
Avg:$279,833Median:$259,000Range:$235,000 – $325,000PSF:$638 / $617Sq Ft:454 / 398DOM:80 / 41New:0Total:6
1 Beds
Avg:$520,409Median:$373,000Range:$290,000 – $4,950,000PSF:$660 / $635Sq Ft:950 / 615DOM:64 / 43New:4Total:37
2 Beds
Avg:$671,681Median:$631,500Range:$125,000 – $2,198,000PSF:$602 / $592Sq Ft:1,125 / 1,100DOM:60 / 33New:7Total:94
3 Beds
Avg:$917,999Median:$900,000Range:$439,900 – $3,250,000PSF:$552 / $556Sq Ft:1,665 / 1,642DOM:43 / 27New:9Total:137
4 Beds
Avg:$1,289,253Median:$1,210,000Range:$690,000 – $2,450,000PSF:$541 / $548Sq Ft:2,411 / 2,342DOM:48 / 26New:3Total:37
5 Beds
Avg:$1,461,526Median:$1,425,000Range:$925,000 – $2,595,000PSF:$516 / $524Sq Ft:2,835 / 2,660DOM:37 / 21New:2Total:17
6 Beds
Avg:$1,678,244Median:$1,649,950Range:$1,350,000 – $2,059,000PSF:$469 / $427Sq Ft:3,700 / 3,394DOM:51 / 42New:2Total:8
7 Beds
Avg:$2,383,325Median:$1,475,000Range:$1,199,950 – $5,500,000PSF:$379 / $359Sq Ft:6,611 / 3,900DOM:57 / 50New:1Total:6
8 Beds
Avg:$1,962,500Median:$1,400,000Range:$1,400,000 – $2,525,000PSF:$302 / $259Sq Ft:6,361 / 5,412DOM:78 / 29New:0Total:2

Rental Market Overview

Median Rent
$2,045
+2.5%
Median DOM
11
−35.3%
New Listings
79
Inventory
352
+4.8%
  • Average Rent: $2,431
  • Median Rent: $2,045
  • Rent Range: $699 – $7,299
  • Rent per Sq Ft (Avg/Median): $3 / $3
  • Square Footage (Avg/Median): 840 / 700
  • Square Footage Range: 252 – 3,000
  • Days on Market (Avg/Median): 56 / 11
  • Days on Market Range: 1 – 363
  • New Listings: 79
  • Total Listings: 352

Rentals by Property Type

Apartment
$1,795
Median DOM: 48
Inventory: 217
MoM: +2.5%
Condo
$2,300
Median DOM: 2
Inventory: 38
MoM: +2.5%
Single Family
$3,500
Median DOM: 1
Inventory: 54
MoM: +2.5%
Townhouse
$3,850
Median DOM: 4
Inventory: 35
MoM: +2.5%
Apartment
Avg/Median Rent$1,931 / $1,795Range$699 – $7,155Rent per Sq Ft$3 / $3Sq Ft640 / 588DOM80 / 48New32Total217
Condo
Avg/Median Rent$2,469 / $2,300Range$750 – $6,995Rent per Sq Ft$3 / $3Sq Ft832 / 757DOM15 / 2New18Total38
Multi-Family
Avg/Median Rent$2,512 / $2,550Range$1,200 – $3,150Rent per Sq Ft$3 / $3Sq Ft774 / 800DOM22 / 9New1Total8
Single Family
Avg/Median Rent$3,392 / $3,500Range$995 – $6,000Rent per Sq Ft$3 / $3Sq Ft1,301 / 1,345DOM13 / 1New17Total54
Townhouse
Avg/Median Rent$3,991 / $3,850Range$1,995 – $7,299Rent per Sq Ft$3 / $3Sq Ft1,360 / 1,360DOM46 / 4New11Total35

Rentals by Bedroom Count

Studio
Avg:$1,413Median:$1,375Range:$699 – $2,567PSF:$4 / $4Sq Ft:406 / 403DOM:78 / 56New:9Total:84
1 Beds
Avg:$1,868Median:$1,845Range:$750 – $2,895PSF:$3 / $3Sq Ft:618 / 605DOM:63 / 19New:26Total:109
2 Beds
Avg:$2,852Median:$2,595Range:$1,466 – $7,155PSF:$3 / $3Sq Ft:959 / 900DOM:45 / 6New:29Total:100
3 Beds
Avg:$3,990Median:$3,895Range:$2,200 – $7,299PSF:$3 / $3Sq Ft:1,468 / 1,430DOM:39 / 1New:12Total:49
4 Beds
Avg:$5,032Median:$5,000Range:$4,495 – $5,450PSF:$3 / $3Sq Ft:1,917 / 1,930DOM:42 / 1New:2Total:7
5 Beds
Avg:$6,000Median:$6,000Range:$6,000 – $6,000PSF:$2 / $2Sq Ft:2,570 / 2,570DOM:New:0Total:1
6 Beds
Avg:$5,748Median:$5,495Range:$5,495 – $6,000PSF:$2 / $2Sq Ft:2,595 / 2,190DOM:10 / 1New:1Total:2

6-Month Sales Trend

Mar 2026
Median Price:$885,000Median DOM:26New:95Total:274
Apr 2026
Median Price:$899,950Median DOM:24New:106Total:311
May 2026
Median Price:$899,950Median DOM:24New:139Total:365
Jun 2026
Median Price:$865,000Median DOM:29New:106Total:374
Jul 2026
Median Price:$849,950Median DOM:29New:117Total:378
Aug 2026
Median Price:$825,000Median DOM:33New:28Total:354

6-Month Rental Trend

Mar 2026
Median Rent:$1,895Median DOM:18New:102Total:310
Apr 2026
Median Rent:$1,895Median DOM:17New:93Total:317
May 2026
Median Rent:$1,943Median DOM:12New:107Total:322
Jun 2026
Median Rent:$1,995Median DOM:19New:101Total:316
Jul 2026
Median Rent:$1,995Median DOM:17New:111Total:336
Aug 2026
Median Rent:$2,045Median DOM:11New:79Total:352

Key Market Takeaways

Median sale prices softened this month while inventory compressed. 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.

← Back to Northwest Seattle