ZIP 98104 Housing Market Report
Northwest Seattle
Report period: August 2026
98104 Monthly Market Update – August 2026
ZIP 98104 · Last updated Aug 11, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$478,895
−1.3%
Median DOM (Sales)
67
−1.5%
New Listings (Sales)
8
−57.9%
Median Rent
$1,692
+1.0%
Median DOM (Rental)
67
−9.5%
Total Rental Listings
94
+3.3%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market improved. Rents moved higher. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Land (4 DOM)
- Fastest renting: Single Family (1 DOM)
- Strongest bedroom: 3 Beds ($1,195,000 median)
Sales Market Overview
Median Price
$478,895
−1.3%
Median DOM
67
−1.5%
New Listings
8
−57.9%
Inventory
88
+1.1%
- Average Price: $801,441
- Median Price: $478,895
- Price Range: $214,900 – $6,000,000
- Price per Sq Ft (Avg/Median): $665 / $630
- Square Footage (Avg/Median): 1,010 / 862
- Square Footage Range: 320 – 4,589
- Days on Market (Avg/Median): 81 / 67
- Days on Market Range: 2 – 313
- New Listings: 8
- Total Listings: 88
Sales by Property Type
Condo
Avg/Median Price$741,687 / $478,895Range$214,900 – $5,900,000Price per Sq Ft$665 / $630Sq Ft1,010 / 862DOM82 / 67New7Total87
Land
Avg/Median Price$6,000,000 / $6,000,000Range$6,000,000 – $6,000,000Price per Sq Ft—Sq Ft—DOM4 / 4New1Total1
Sales by Bedroom Count
Studio
Avg:$310,550Median:$295,000Range:$214,900 – $435,000PSF:$686 / $747Sq Ft:455 / 486DOM:67 / 83New:0Total:7
1 Beds
Avg:$452,086Median:$410,000Range:$224,000 – $1,125,000PSF:$644 / $669Sq Ft:721 / 601DOM:88 / 77New:2Total:39
2 Beds
Avg:$978,989Median:$645,000Range:$269,000 – $4,300,000PSF:$680 / $569Sq Ft:1,273 / 1,105DOM:74 / 55New:5Total:38
3 Beds
Avg:$2,506,667Median:$1,195,000Range:$425,000 – $5,900,000PSF:$711 / $523Sq Ft:2,730 / 2,285DOM:128 / 125New:0Total:3
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $310,550 | $295,000 | $214,900 – $435,000 | $686 / $747 | 455 / 486 | 67 / 83 | 0 | 7 |
| 1 Beds | $452,086 | $410,000 | $224,000 – $1,125,000 | $644 / $669 | 721 / 601 | 88 / 77 | 2 | 39 |
| 2 Beds | $978,989 | $645,000 | $269,000 – $4,300,000 | $680 / $569 | 1,273 / 1,105 | 74 / 55 | 5 | 38 |
| 3 Beds | $2,506,667 | $1,195,000 | $425,000 – $5,900,000 | $711 / $523 | 2,730 / 2,285 | 128 / 125 | 0 | 3 |
Rental Market Overview
Median Rent
$1,692
+1.0%
Median DOM
67
−9.5%
New Listings
14
Inventory
94
+3.3%
- Average Rent: $1,760
- Median Rent: $1,692
- Rent Range: $610 – $3,500
- Rent per Sq Ft (Avg/Median): $3 / $3
- Square Footage (Avg/Median): 616 / 544
- Square Footage Range: 252 – 1,400
- Days on Market (Avg/Median): 101 / 67
- Days on Market Range: 1 – 365
- New Listings: 14
- Total Listings: 94
Rentals by Property Type
Apartment
$1,554
Median DOM: 154
Inventory: 64
MoM: +1.0%
Condo
$2,000
Median DOM: 6
Inventory: 24
MoM: +1.0%
Single Family
$1,585
Median DOM: 1
Inventory: 6
MoM: +1.0%
Townhouse
—
Median DOM: —
Inventory: —
MoM: +1.0%
Apartment
Avg/Median Rent$1,554 / $1,554Range$610 – $3,095Rent per Sq Ft$3 / $3Sq Ft544 / 514DOM160 / 154New6Total64
Condo
Avg/Median Rent$2,288 / $2,000Range$1,225 – $3,500Rent per Sq Ft$3 / $3Sq Ft766 / 756DOM42 / 6New5Total24
Single Family
Avg/Median Rent$1,842 / $1,585Range$1,425 – $2,800Rent per Sq Ft$3 / $3Sq Ft664 / 564DOM1 / 1New3Total6
Rentals by Bedroom Count
Studio
Avg:$1,380Median:$1,250Range:$610 – $3,095PSF:$3 / $3Sq Ft:459 / 439DOM:167 / 158New:3Total:41
1 Beds
Avg:$1,951Median:$1,895Range:$1,395 – $2,950PSF:$3 / $3Sq Ft:618 / 606DOM:89 / 25New:8Total:38
2 Beds
Avg:$2,424Median:$2,600Range:$1,015 – $3,500PSF:$3 / $3Sq Ft:958 / 927DOM:19 / 1New:3Total:14
4 Beds
Avg:$780Median:$780Range:$780 – $780PSF:$1 / $1Sq Ft:900 / 900DOM:154 / 154New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,380 | $1,250 | $610 – $3,095 | $3 / $3 | 459 / 439 | 167 / 158 | 3 | 41 |
| 1 Beds | $1,951 | $1,895 | $1,395 – $2,950 | $3 / $3 | 618 / 606 | 89 / 25 | 8 | 38 |
| 2 Beds | $2,424 | $2,600 | $1,015 – $3,500 | $3 / $3 | 958 / 927 | 19 / 1 | 3 | 14 |
| 4 Beds | $780 | $780 | $780 – $780 | $1 / $1 | 900 / 900 | 154 / 154 | 0 | 1 |
6-Month Sales Trend
Mar 2026
Median Price:$499,000Median DOM:61New:17Total:83
Apr 2026
Median Price:$499,000Median DOM:70New:18Total:90
May 2026
Median Price:$539,000Median DOM:59New:25Total:95
Jun 2026
Median Price:$539,000Median DOM:67New:14Total:94
Jul 2026
Median Price:$485,000Median DOM:68New:19Total:87
Aug 2026
Median Price:$478,895Median DOM:67New:8Total:88
6-Month Rental Trend
Mar 2026
Median Rent:$1,650Median DOM:61New:18Total:91
Apr 2026
Median Rent:$1,663Median DOM:69New:13Total:92
May 2026
Median Rent:$1,679Median DOM:69New:18Total:91
Jun 2026
Median Rent:$1,625Median DOM:57New:13Total:88
Jul 2026
Median Rent:$1,675Median DOM:74New:17Total:91
Aug 2026
Median Rent:$1,692Median DOM:67New:14Total:94
Key Market Takeaways
Median sale prices softened this month while inventory expanded. Days on market declined, signaling improving 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.
980019800298003980049800598006980079800898010980119801298014980199802098021980229802398024980259802698027980289802998030980319803298033980349803698037+65 more
← Back to Northwest Seattle