ZIP 98105 Housing Market Report

Northwest Seattle

Report period: May 2026

98105 Monthly Market Update – May 2026

ZIP 98105 · Last updated May 12, 2026 · Data range Dec 2025 – May 2026

Executive Snapshot

Median Sale Price
$1,025,000
−1.9%
Median DOM (Sales)
29
+7.4%
New Listings (Sales)
12
−69.2%
Median Rent
$1,710
+0.9%
Median DOM (Rental)
22
0.0%
Total Rental Listings
384
+0.8%

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 (17 DOM)
  • Fastest renting: Condo (1 DOM)
  • Strongest bedroom: 5 Beds ($2,150,000 median)

Sales Market Overview

Median Price
$1,025,000
−1.9%
Median DOM
29
+7.4%
New Listings
12
−69.2%
Inventory
151
−0.7%
  • Average Price: $1,456,925
  • Median Price: $1,025,000
  • Price Range: $169,000 – $10,000,000
  • Price per Sq Ft (Avg/Median): $619 / $585
  • Square Footage (Avg/Median): 2,103 / 1,978
  • Square Footage Range: 373 – 6,760
  • Days on Market (Avg/Median): 52 / 29
  • Days on Market Range: 2 – 333
  • New Listings: 12
  • Total Listings: 151

Sales by Property Type

Condo
Avg/Median Price$424,605 / $380,000Range$169,000 – $1,045,000Price per Sq Ft$534 / $537Sq Ft800 / 739DOM83 / 59New2Total40
Land
Avg/Median Price$3,586,567 / $2,410,000Range$1,829,700 – $6,520,000Price per Sq FtSq FtDOM107 / 101New0Total3
Multi-Family
Avg/Median Price$1,448,638 / $1,395,000Range$825,000 – $2,150,000Price per Sq Ft$523 / $536Sq Ft2,974 / 2,744DOM89 / 101New0Total7
Single Family
Avg/Median Price$2,029,639 / $1,500,000Range$709,950 – $10,000,000Price per Sq Ft$674 / $632Sq Ft2,826 / 2,600DOM34 / 17New9Total80
Townhouse
Avg/Median Price$940,009 / $819,000Range$585,000 – $1,750,000Price per Sq Ft$595 / $617Sq Ft1,584 / 1,510DOM39 / 26New1Total21

Sales by Bedroom Count

Studio
Avg:$292,125Median:$278,000Range:$235,000 – $356,500PSF:$647 / $636Sq Ft:457 / 470DOM:121 / 42New:0Total:4
1 Beds
Avg:$354,696Median:$299,000Range:$169,000 – $1,399,000PSF:$508 / $527Sq Ft:671 / 605DOM:104 / 82New:1Total:17
2 Beds
Avg:$654,661Median:$599,950Range:$365,000 – $1,100,000PSF:$599 / $571Sq Ft:1,093 / 1,052DOM:54 / 27New:2Total:30
3 Beds
Avg:$1,189,976Median:$965,000Range:$619,000 – $4,988,000PSF:$630 / $550Sq Ft:1,824 / 1,820DOM:26 / 12New:3Total:27
4 Beds
Avg:$1,853,304Median:$1,500,000Range:$749,000 – $6,995,000PSF:$623 / $593Sq Ft:2,847 / 2,661DOM:33 / 19New:4Total:35
5 Beds
Avg:$2,834,529Median:$2,150,000Range:$755,000 – $10,000,000PSF:$740 / $756Sq Ft:3,499 / 3,120DOM:44 / 33New:2Total:17
6 Beds
Avg:$2,752,122Median:$2,150,000Range:$1,099,000 – $6,985,000PSF:$712 / $663Sq Ft:3,691 / 3,377DOM:60 / 47New:0Total:10
7 Beds
Avg:$1,359,350Median:$1,152,000Range:$829,950 – $2,495,000PSF:$417 / $396Sq Ft:3,154 / 3,000DOM:59 / 46New:0Total:5
8 Beds
Avg:$965,967Median:$998,000Range:$900,000 – $999,900PSF:$591 / $577Sq Ft:1,641 / 1,561DOM:37 / 32New:0Total:3

Rental Market Overview

Median Rent
$1,710
+0.9%
Median DOM
22
0.0%
New Listings
62
Inventory
384
+0.8%
  • Average Rent: $2,297
  • Median Rent: $1,710
  • Rent Range: $675 – $9,547
  • Rent per Sq Ft (Avg/Median): $3 / $3
  • Square Footage (Avg/Median): 878 / 650
  • Square Footage Range: 250 – 4,224
  • Days on Market (Avg/Median): 82 / 22
  • Days on Market Range: 1 – 365
  • New Listings: 62
  • Total Listings: 384

Rentals by Property Type

Apartment
$1,550
Median DOM: 55
Inventory: 293
MoM: +0.9%
Condo
$1,650
Median DOM: 1
Inventory: 14
MoM: +0.9%
Single Family
$3,950
Median DOM: 1
Inventory: 42
MoM: +0.9%
Townhouse
$5,300
Median DOM: 1
Inventory: 30
MoM: +0.9%
Apartment
Avg/Median Rent$1,800 / $1,550Range$675 – $8,000Rent per Sq Ft$3 / $3Sq Ft692 / 600DOM102 / 55New39Total293
Condo
Avg/Median Rent$1,946 / $1,650Range$850 – $3,950Rent per Sq Ft$3 / $3Sq Ft755 / 693DOM32 / 1New3Total14
Multi-Family
Avg/Median Rent$3,050 / $2,200Range$1,600 – $6,000Rent per Sq Ft$4 / $3Sq Ft988 / 450DOM2 / 1New0Total5
Single Family
Avg/Median Rent$3,831 / $3,950Range$1,275 – $7,660Rent per Sq Ft$3 / $2Sq Ft1,531 / 1,665DOM17 / 1New11Total42
Townhouse
Avg/Median Rent$5,039 / $5,300Range$1,050 – $9,547Rent per Sq Ft$3 / $3Sq Ft1,542 / 1,484DOM53 / 1New9Total30

Rentals by Bedroom Count

Studio
Avg:$1,245Median:$1,250Range:$700 – $2,716PSF:$4 / $4Sq Ft:374 / 360DOM:100 / 68New:17Total:112
1 Beds
Avg:$1,565Median:$1,595Range:$675 – $3,178PSF:$3 / $3Sq Ft:631 / 600DOM:87 / 25New:14Total:101
2 Beds
Avg:$2,207Median:$2,000Range:$1,350 – $5,600PSF:$3 / $3Sq Ft:846 / 825DOM:97 / 40New:6Total:62
3 Beds
Avg:$3,132Median:$2,895Range:$825 – $9,547PSF:$3 / $3Sq Ft:1,179 / 1,095DOM:58 / 7New:9Total:46
4 Beds
Avg:$3,005Median:$3,480Range:$1,250 – $4,900PSF:$2 / $2Sq Ft:1,326 / 1,066DOM:80 / 6New:3Total:16
5 Beds
Avg:$4,275Median:$4,700Range:$1,000 – $6,950PSF:$2 / $2Sq Ft:1,942 / 1,970DOM:58 / 21New:1Total:12
6 Beds
Avg:$5,216Median:$5,995Range:$1,050 – $6,600PSF:$3 / $4Sq Ft:1,750 / 1,505DOM:56 / 1New:5Total:17
7 Beds
Avg:$5,990Median:$6,000Range:$5,250 – $7,000PSF:$3 / $2Sq Ft:2,312 / 2,200DOM:84 / 31New:0Total:5
8 Beds
Avg:$6,595Median:$6,475Range:$1,150 – $8,800PSF:$3 / $4Sq Ft:2,226 / 2,170DOM:13 / 1New:7Total:13

6-Month Sales Trend

Dec 2025
Median Price:$985,000Median DOM:76New:11Total:106
Jan 2026
Median Price:$890,000Median DOM:71New:32Total:102
Feb 2026
Median Price:$949,900Median DOM:38New:39Total:127
Mar 2026
Median Price:$1,100,000Median DOM:25New:54Total:157
Apr 2026
Median Price:$1,045,000Median DOM:27New:39Total:152
May 2026
Median Price:$1,025,000Median DOM:29New:12Total:151

6-Month Rental Trend

Dec 2025
Median Rent:$1,645Median DOM:66New:92Total:327
Jan 2026
Median Rent:$1,695Median DOM:41New:109Total:352
Feb 2026
Median Rent:$1,695Median DOM:40New:77Total:343
Mar 2026
Median Rent:$1,695Median DOM:29New:110Total:354
Apr 2026
Median Rent:$1,695Median DOM:22New:125Total:381
May 2026
Median Rent:$1,710Median DOM:22New:62Total:384

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.

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