ZIP 98104 Housing Market Report
Northwest Seattle
Report period: March 2026
98104 Monthly Market Update – March 2026
ZIP 98104 · Last updated Mar 12, 2026 · Data range Oct 2025 – Mar 2026
Executive Snapshot
Median Sale Price
$490,000
−1.8%
Median DOM (Sales)
69
+21.1%
New Listings (Sales)
5
−66.7%
Median Rent
$1,651
−2.8%
Median DOM (Rental)
42
−41.7%
Total Rental Listings
95
+9.2%
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: Condo (68 DOM)
- Fastest renting: Single Family (1 DOM)
- Strongest bedroom: 4 Beds ($8,600,000 median)
Sales Market Overview
Median Price
$490,000
−1.8%
Median DOM
69
+21.1%
New Listings
5
−66.7%
Inventory
93
+3.3%
- Average Price: $765,414
- Median Price: $490,000
- Price Range: $200,000 – $8,600,000
- Price per Sq Ft (Avg/Median): $687 / $664
- Square Footage (Avg/Median): 1,000 / 793
- Square Footage Range: 417 – 6,918
- Days on Market (Avg/Median): 97 / 69
- Days on Market Range: 3 – 327
- New Listings: 5
- Total Listings: 93
Sales by Property Type
Condo
Avg/Median Price$767,766 / $474,950Range$200,000 – $8,600,000Price per Sq Ft$687 / $664Sq Ft1,000 / 793DOM95 / 68New5Total92
Land
Avg/Median Price$549,000 / $549,000Range$549,000 – $549,000Price per Sq Ft—Sq Ft—DOM263 / 263New0Total1
Sales by Bedroom Count
Studio
Avg:$328,421Median:$329,950Range:$245,000 – $435,000PSF:$671 / $655Sq Ft:492 / 486DOM:132 / 137New:0Total:7
1 Beds
Avg:$461,075Median:$409,000Range:$200,000 – $1,250,000PSF:$645 / $664Sq Ft:725 / 620DOM:97 / 69New:3Total:53
2 Beds
Avg:$931,848Median:$749,950Range:$389,000 – $3,100,000PSF:$721 / $679Sq Ft:1,252 / 1,112DOM:85 / 55New:2Total:29
3 Beds
Avg:$4,137,500Median:$1,375,000Range:$1,375,000 – $6,900,000PSF:$1,053 / $602Sq Ft:3,437 / 2,285DOM:40 / 13New:0Total:2
4 Beds
Avg:$8,600,000Median:$8,600,000Range:$8,600,000 – $8,600,000PSF:$1,243 / $1,243Sq Ft:6,918 / 6,918DOM:135 / 135New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $328,421 | $329,950 | $245,000 – $435,000 | $671 / $655 | 492 / 486 | 132 / 137 | 0 | 7 |
| 1 Beds | $461,075 | $409,000 | $200,000 – $1,250,000 | $645 / $664 | 725 / 620 | 97 / 69 | 3 | 53 |
| 2 Beds | $931,848 | $749,950 | $389,000 – $3,100,000 | $721 / $679 | 1,252 / 1,112 | 85 / 55 | 2 | 29 |
| 3 Beds | $4,137,500 | $1,375,000 | $1,375,000 – $6,900,000 | $1,053 / $602 | 3,437 / 2,285 | 40 / 13 | 0 | 2 |
| 4 Beds | $8,600,000 | $8,600,000 | $8,600,000 – $8,600,000 | $1,243 / $1,243 | 6,918 / 6,918 | 135 / 135 | 0 | 1 |
Rental Market Overview
Median Rent
$1,651
−2.8%
Median DOM
42
−41.7%
New Listings
15
Inventory
95
+9.2%
- Average Rent: $2,006
- Median Rent: $1,651
- Rent Range: $570 – $7,825
- Rent per Sq Ft (Avg/Median): $3 / $3
- Square Footage (Avg/Median): 612 / 548
- Square Footage Range: 252 – 1,615
- Days on Market (Avg/Median): 84 / 42
- Days on Market Range: 1 – 336
- New Listings: 15
- Total Listings: 95
Rentals by Property Type
Apartment
$1,510
Median DOM: 108
Inventory: 66
MoM: −2.8%
Condo
$2,400
Median DOM: 17
Inventory: 23
MoM: −2.8%
Single Family
$1,495
Median DOM: 1
Inventory: 6
MoM: −2.8%
Townhouse
—
Median DOM: —
Inventory: —
MoM: −2.8%
Apartment
Avg/Median Rent$1,768 / $1,510Range$570 – $6,270Rent per Sq Ft$3 / $3Sq Ft529 / 510DOM128 / 108New4Total66
Condo
Avg/Median Rent$2,801 / $2,400Range$1,500 – $7,825Rent per Sq Ft$3 / $3Sq Ft828 / 774DOM38 / 17New6Total23
Single Family
Avg/Median Rent$1,579 / $1,495Range$1,395 – $1,800Rent per Sq Ft$3 / $3Sq Ft571 / 564DOM1 / 1New5Total6
Rentals by Bedroom Count
Studio
Avg:$1,410Median:$1,300Range:$570 – $2,475PSF:$3 / $3Sq Ft:466 / 440DOM:96 / 98New:3Total:35
1 Beds
Avg:$2,003Median:$1,725Range:$1,050 – $3,650PSF:$3 / $3Sq Ft:605 / 564DOM:102 / 87New:8Total:47
2 Beds
Avg:$3,500Median:$2,600Range:$2,195 – $6,270PSF:$3 / $3Sq Ft:990 / 927DOM:24 / 2New:4Total:11
3 Beds
Avg:$7,825Median:$7,825Range:$7,825 – $7,825PSF:$5 / $5Sq Ft:1,615 / 1,615DOM:17 / 17New:0Total:1
4 Beds
Avg:$780Median:$780Range:$780 – $780PSF:$1 / $1Sq Ft:900 / 900DOM:42 / 42New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,410 | $1,300 | $570 – $2,475 | $3 / $3 | 466 / 440 | 96 / 98 | 3 | 35 |
| 1 Beds | $2,003 | $1,725 | $1,050 – $3,650 | $3 / $3 | 605 / 564 | 102 / 87 | 8 | 47 |
| 2 Beds | $3,500 | $2,600 | $2,195 – $6,270 | $3 / $3 | 990 / 927 | 24 / 2 | 4 | 11 |
| 3 Beds | $7,825 | $7,825 | $7,825 – $7,825 | $5 / $5 | 1,615 / 1,615 | 17 / 17 | 0 | 1 |
| 4 Beds | $780 | $780 | $780 – $780 | $1 / $1 | 900 / 900 | 42 / 42 | 0 | 1 |
6-Month Sales Trend
Oct 2025
Median Price:$499,000Median DOM:74New:10Total:79
Nov 2025
Median Price:$499,950Median DOM:86New:10Total:79
Dec 2025
Median Price:$499,950Median DOM:117New:3Total:69
Jan 2026
Median Price:$499,950Median DOM:77New:27Total:78
Feb 2026
Median Price:$499,000Median DOM:57New:15Total:90
Mar 2026
Median Price:$490,000Median DOM:69New:5Total:93
6-Month Rental Trend
Oct 2025
Median Rent:$1,799Median DOM:71New:17Total:84
Nov 2025
Median Rent:$1,695Median DOM:71New:21Total:83
Dec 2025
Median Rent:$1,704Median DOM:37New:24Total:85
Jan 2026
Median Rent:$1,795Median DOM:47New:15Total:90
Feb 2026
Median Rent:$1,699Median DOM:72New:16Total:87
Mar 2026
Median Rent:$1,651Median DOM:42New:15Total:95
Key Market Takeaways
Median sale prices softened this month while inventory expanded. 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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