ZIP 98104 Housing Market Report

Northwest Seattle

Report period: July 2026

98104 Monthly Market Update – July 2026

ZIP 98104 · Last updated Jul 12, 2026 · Data range Feb 2026 – Jul 2026

Executive Snapshot

Median Sale Price
$499,950
−7.2%
Median DOM (Sales)
62
−7.5%
New Listings (Sales)
10
−28.6%
Median Rent
$1,675
+3.1%
Median DOM (Rental)
63
+10.5%
Total Rental Listings
86
−2.3%

Month-over-Month Movement

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

What's Moving Fastest

  • Fastest selling: Condo (61 DOM)
  • Fastest renting: Single Family (1 DOM)
  • Strongest bedroom: 3 Beds ($1,195,000 median)

Sales Market Overview

Median Price
$499,950
−7.2%
Median DOM
62
−7.5%
New Listings
10
−28.6%
Inventory
94
0.0%
  • Average Price: $771,152
  • Median Price: $499,950
  • Price Range: $214,900 – $6,900,000
  • Price per Sq Ft (Avg/Median): $687 / $637
  • Square Footage (Avg/Median): 1,004 / 862
  • Square Footage Range: 320 – 4,589
  • Days on Market (Avg/Median): 80 / 62
  • Days on Market Range: 2 – 283
  • New Listings: 10
  • Total Listings: 94

Sales by Property Type

Condo
Avg/Median Price$748,368 / $499,950Range$214,900 – $6,900,000Price per Sq Ft$687 / $637Sq Ft1,004 / 862DOM80 / 61New10Total93
Land
Avg/Median Price$2,890,000 / $2,890,000Range$2,890,000 – $2,890,000Price per Sq FtSq FtDOM83 / 83New0Total1

Sales by Bedroom Count

Studio
Avg:$319,836Median:$360,000Range:$214,900 – $435,000PSF:$690 / $747Sq Ft:464 / 486DOM:62 / 58New:2Total:7
1 Beds
Avg:$483,878Median:$420,000Range:$224,000 – $1,125,000PSF:$660 / $664Sq Ft:755 / 607DOM:82 / 66New:4Total:47
2 Beds
Avg:$970,504Median:$657,000Range:$269,000 – $4,000,000PSF:$711 / $589Sq Ft:1,246 / 1,065DOM:81 / 58New:3Total:34
3 Beds
Avg:$2,324,000Median:$1,195,000Range:$450,000 – $6,900,000PSF:$768 / $596Sq Ft:2,458 / 2,255DOM:84 / 73New:1Total:5

Rental Market Overview

Median Rent
$1,675
+3.1%
Median DOM
63
+10.5%
New Listings
7
Inventory
86
−2.3%
  • Average Rent: $1,733
  • Median Rent: $1,675
  • Rent Range: $575 – $3,850
  • Rent per Sq Ft (Avg/Median): $3 / $3
  • Square Footage (Avg/Median): 645 / 605
  • Square Footage Range: 264 – 1,400
  • Days on Market (Avg/Median): 114 / 63
  • Days on Market Range: 1 – 359
  • New Listings: 7
  • Total Listings: 86

Rentals by Property Type

Apartment
$1,440
Median DOM: 154
Inventory: 58
MoM: +3.1%
Condo
$2,200
Median DOM: 55
Inventory: 24
MoM: +3.1%
Single Family
$1,585
Median DOM: 1
Inventory: 4
MoM: +3.1%
Townhouse
Median DOM:
Inventory:
MoM: +3.1%
Apartment
Avg/Median Rent$1,483 / $1,440Range$575 – $3,850Rent per Sq Ft$3 / $3Sq Ft568 / 512DOM181 / 154New0Total58
Condo
Avg/Median Rent$2,312 / $2,200Range$1,225 – $3,500Rent per Sq Ft$3 / $3Sq Ft782 / 774DOM53 / 55New5Total24
Single Family
Avg/Median Rent$1,882 / $1,585Range$1,550 – $2,800Rent per Sq Ft$3 / $3Sq Ft731 / 616DOM1 / 1New2Total4

Rentals by Bedroom Count

Studio
Avg:$1,291Median:$1,225Range:$575 – $2,360PSF:$3 / $3Sq Ft:438 / 445DOM:159 / 129New:1Total:35
1 Beds
Avg:$1,879Median:$1,735Range:$1,083 – $3,850PSF:$3 / $3Sq Ft:660 / 624DOM:111 / 61New:2Total:37
2 Beds
Avg:$2,579Median:$2,650Range:$1,274 – $3,500PSF:$3 / $3Sq Ft:1,002 / 983DOM:65 / 6New:4Total:13
4 Beds
Avg:$780Median:$780Range:$780 – $780PSF:$1 / $1Sq Ft:900 / 900DOM:154 / 154New:0Total:1

6-Month Sales Trend

Feb 2026
Median Price:$499,000Median DOM:57New:15Total:90
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:$499,950Median DOM:62New:10Total:94

6-Month Rental Trend

Feb 2026
Median Rent:$1,699Median DOM:72New:16Total:87
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:63New:7Total:86

Key Market Takeaways

Median sale prices softened this month while inventory remained stable. Days on market declined, signaling improving buyer activity. Rental pricing increased, 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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