ZIP 98103 Housing Market Report

Northwest Seattle

Report period: March 2026

98103 Monthly Market Update – March 2026

ZIP 98103 · Last updated Mar 12, 2026 · Data range Oct 2025 – Mar 2026

Executive Snapshot

Median Sale Price
$925,000
−1.1%
Median DOM (Sales)
24
0.0%
New Listings (Sales)
30
−65.5%
Median Rent
$1,909
−2.1%
Median DOM (Rental)
13
−18.8%
Total Rental Listings
330
+3.8%

Month-over-Month Movement

Median sale prices eased compared to last month. Rents softened. Rental inventory expanded.

What's Moving Fastest

  • Fastest selling: Land (10 DOM)
  • Fastest renting: Condo (1 DOM)
  • Strongest bedroom: 8 Beds ($1,900,000 median)

Sales Market Overview

Median Price
$925,000
−1.1%
Median DOM
24
0.0%
New Listings
30
−65.5%
Inventory
258
+8.4%
  • Average Price: $993,398
  • Median Price: $925,000
  • Price Range: $135,000 – $5,500,000
  • Price per Sq Ft (Avg/Median): $612 / $622
  • Square Footage (Avg/Median): 1,761 / 1,533
  • Square Footage Range: 290 – 16,974
  • Days on Market (Avg/Median): 54 / 24
  • Days on Market Range: 2 – 356
  • New Listings: 30
  • Total Listings: 258

Sales by Property Type

Condo
Avg/Median Price$563,499 / $479,999Range$209,000 – $1,800,000Price per Sq Ft$625 / $609Sq Ft916 / 830DOM72 / 22New4Total38
Land
Avg/Median Price$689,455 / $625,000Range$205,000 – $1,500,000Price per Sq FtSq FtDOM71 / 10New5Total11
Multi-Family
Avg/Median Price$1,979,635 / $1,398,000Range$683,900 – $5,500,000Price per Sq Ft$440 / $408Sq Ft4,983 / 3,810DOM122 / 115New0Total14
Single Family
Avg/Median Price$1,157,614 / $1,095,000Range$135,000 – $2,550,000Price per Sq Ft$629 / $625Sq Ft1,927 / 1,838DOM39 / 14New10Total103
Townhouse
Avg/Median Price$873,375 / $836,000Range$475,000 – $1,656,565Price per Sq Ft$613 / $638Sq Ft1,434 / 1,372DOM51 / 32New11Total92

Sales by Bedroom Count

Studio
Avg:$278,708Median:$275,000Range:$209,000 – $329,950PSF:$728 / $626Sq Ft:392 / 366DOM:90 / 14New:1Total:6
1 Beds
Avg:$787,992Median:$352,000Range:$239,990 – $4,950,000PSF:$676 / $621Sq Ft:1,547 / 608DOM:102 / 63New:1Total:15
2 Beds
Avg:$717,521Median:$725,000Range:$135,000 – $1,800,000PSF:$645 / $642Sq Ft:1,118 / 1,096DOM:60 / 36New:11Total:71
3 Beds
Avg:$979,399Median:$995,950Range:$499,000 – $1,600,000PSF:$608 / $623Sq Ft:1,612 / 1,581DOM:39 / 16New:8Total:97
4 Beds
Avg:$1,436,759Median:$1,300,000Range:$950,000 – $2,495,000PSF:$585 / $589Sq Ft:2,474 / 2,360DOM:33 / 16New:3Total:38
5 Beds
Avg:$1,455,824Median:$1,135,000Range:$799,950 – $2,499,995PSF:$450 / $391Sq Ft:3,146 / 2,900DOM:33 / 21New:1Total:6
6 Beds
Avg:$1,491,625Median:$1,398,000Range:$1,090,000 – $2,378,000PSF:$509 / $477Sq Ft:3,222 / 2,930DOM:64 / 34New:0Total:8
7 Beds
Avg:$2,390,000Median:$1,370,000Range:$1,295,000 – $5,500,000PSF:$389 / $324Sq Ft:6,792 / 3,275DOM:201 / 144New:0Total:4
8 Beds
Avg:$2,225,000Median:$1,900,000Range:$1,900,000 – $2,550,000PSF:$599 / $404Sq Ft:3,958 / 3,210DOM:134 / 129New:0Total:2

Rental Market Overview

Median Rent
$1,909
−2.1%
Median DOM
13
−18.8%
New Listings
71
Inventory
330
+3.8%
  • Average Rent: $2,342
  • Median Rent: $1,909
  • Rent Range: $650 – $8,299
  • Rent per Sq Ft (Avg/Median): $3 / $3
  • Square Footage (Avg/Median): 840 / 725
  • Square Footage Range: 250 – 2,720
  • Days on Market (Avg/Median): 56 / 13
  • Days on Market Range: 1 – 328
  • New Listings: 71
  • Total Listings: 330

Rentals by Property Type

Apartment
$1,700
Median DOM: 25
Inventory: 217
MoM: −2.1%
Condo
$2,650
Median DOM: 1
Inventory: 14
MoM: −2.1%
Single Family
$3,000
Median DOM: 1
Inventory: 61
MoM: −2.1%
Townhouse
$3,950
Median DOM: 31
Inventory: 32
MoM: −2.1%
Apartment
Avg/Median Rent$1,812 / $1,700Range$650 – $6,042Rent per Sq Ft$3 / $3Sq Ft628 / 600DOM68 / 25New38Total217
Condo
Avg/Median Rent$2,452 / $2,650Range$795 – $4,495Rent per Sq Ft$3 / $3Sq Ft854 / 835DOM23 / 1New6Total14
Multi-Family
Avg/Median Rent$2,880 / $2,500Range$1,885 – $4,500Rent per Sq Ft$3 / $2Sq Ft1,191 / 985DOM49 / 9New1Total6
Single Family
Avg/Median Rent$2,976 / $3,000Range$1,185 – $6,000Rent per Sq Ft$3 / $2Sq Ft1,280 / 1,100DOM22 / 1New22Total61
Townhouse
Avg/Median Rent$4,583 / $3,950Range$1,450 – $8,299Rent per Sq Ft$3 / $3Sq Ft1,408 / 1,340DOM64 / 31New4Total32

Rentals by Bedroom Count

Studio
Avg:$1,416Median:$1,395Range:$650 – $2,395PSF:$4 / $4Sq Ft:418 / 398DOM:74 / 28New:12Total:71
1 Beds
Avg:$1,741Median:$1,695Range:$795 – $2,700PSF:$3 / $3Sq Ft:628 / 620DOM:59 / 13New:28Total:118
2 Beds
Avg:$2,978Median:$2,650Range:$1,450 – $7,762PSF:$3 / $3Sq Ft:965 / 900DOM:51 / 25New:18Total:91
3 Beds
Avg:$3,732Median:$3,650Range:$1,620 – $8,299PSF:$2 / $2Sq Ft:1,504 / 1,440DOM:40 / 1New:10Total:39
4 Beds
Avg:$4,677Median:$4,500Range:$3,000 – $6,500PSF:$2 / $2Sq Ft:2,123 / 2,100DOM:46 / 1New:3Total:9
5 Beds
Avg:$4,195Median:$3,695Range:$3,695 – $4,695PSF:$3 / $2Sq Ft:1,678 / 1,226DOM:15 / 1New:0Total:2

6-Month Sales Trend

Oct 2025
Median Price:$855,000Median DOM:33New:82Total:308
Nov 2025
Median Price:$849,950Median DOM:47New:33Total:262
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:$925,000Median DOM:24New:30Total:258

6-Month Rental Trend

Oct 2025
Median Rent:$2,045Median DOM:18New:127Total:348
Nov 2025
Median Rent:$1,998Median DOM:26New:109Total:339
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:$1,909Median DOM:13New:71Total:330

Key Market Takeaways

Median sale prices softened this month while inventory expanded. Days on market were unchanged, signaling steady 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.

← Back to Northwest Seattle