ZIP 98106 Housing Market Report

Northwest Seattle

Report period: July 2026

98106 Monthly Market Update – July 2026

ZIP 98106 · Last updated Jul 12, 2026 · Data range Feb 2026 – Jul 2026

Executive Snapshot

Median Sale Price
$664,950
−1.5%
Median DOM (Sales)
38
+18.8%
New Listings (Sales)
16
−65.2%
Median Rent
$2,350
0.0%
Median DOM (Rental)
1
−87.5%
Total Rental Listings
86
−1.1%

Month-over-Month Movement

Median sale prices eased compared to last month. Days on market lengthened. Rents were stable. Rental inventory tightened.

What's Moving Fastest

  • Fastest selling: Single Family (23 DOM)
  • Fastest renting: Condo (1 DOM)
  • Strongest bedroom: 5 Beds ($975,000 median)

Sales Market Overview

Median Price
$664,950
−1.5%
Median DOM
38
+18.8%
New Listings
16
−65.2%
Inventory
158
−0.6%
  • Average Price: $689,760
  • Median Price: $664,950
  • Price Range: $69,000 – $1,425,000
  • Price per Sq Ft (Avg/Median): $477 / $451
  • Square Footage (Avg/Median): 1,626 / 1,430
  • Square Footage Range: 560 – 4,560
  • Days on Market (Avg/Median): 49 / 38
  • Days on Market Range: 2 – 240
  • New Listings: 16
  • Total Listings: 158

Sales by Property Type

Condo
Avg/Median Price$694,544 / $685,000Range$499,950 – $1,098,000Price per Sq Ft$553 / $588Sq Ft1,361 / 1,101DOM52 / 36New0Total9
Land
Avg/Median Price$374,718 / $350,000Range$69,000 – $875,000Price per Sq FtSq FtDOM55 / 41New0Total11
Multi-Family
Avg/Median Price$734,529 / $750,000Range$498,700 – $900,000Price per Sq Ft$399 / $369Sq Ft1,926 / 1,780DOM85 / 62New0Total7
Single Family
Avg/Median Price$761,424 / $749,000Range$310,000 – $1,425,000Price per Sq Ft$476 / $440Sq Ft1,759 / 1,600DOM35 / 23New9Total90
Townhouse
Avg/Median Price$608,280 / $624,990Range$427,400 – $949,950Price per Sq Ft$476 / $471Sq Ft1,339 / 1,260DOM73 / 59New7Total41

Sales by Bedroom Count

1 Beds
Avg:$460,988Median:$495,000Range:$310,000 – $539,000PSF:$418 / $417Sq Ft:1,122 / 1,146DOM:19 / 6New:1Total:4
2 Beds
Avg:$577,471Median:$585,000Range:$325,000 – $729,900PSF:$588 / $583Sq Ft:1,010 / 1,037DOM:48 / 31New:7Total:47
3 Beds
Avg:$670,392Median:$664,950Range:$349,900 – $1,098,000PSF:$466 / $459Sq Ft:1,493 / 1,430DOM:57 / 44New:2Total:48
4 Beds
Avg:$888,664Median:$865,000Range:$625,000 – $1,425,000PSF:$383 / $387Sq Ft:2,354 / 2,337DOM:35 / 25New:4Total:31
5 Beds
Avg:$967,180Median:$975,000Range:$603,000 – $1,400,000PSF:$395 / $405Sq Ft:2,489 / 2,470DOM:50 / 51New:2Total:15
6 Beds
Avg:$925,000Median:$925,000Range:$925,000 – $925,000PSF:$353 / $353Sq Ft:2,620 / 2,620DOM:12 / 12New:0Total:1
7 Beds
Avg:$715,000Median:$715,000Range:$715,000 – $715,000PSF:$298 / $298Sq Ft:2,400 / 2,400DOM:216 / 216New:0Total:1

Rental Market Overview

Median Rent
$2,350
0.0%
Median DOM
1
−87.5%
New Listings
17
Inventory
86
−1.1%
  • Average Rent: $2,565
  • Median Rent: $2,350
  • Rent Range: $700 – $6,500
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 1,131 / 900
  • Square Footage Range: 289 – 3,605
  • Days on Market (Avg/Median): 44 / 1
  • Days on Market Range: 1 – 311
  • New Listings: 17
  • Total Listings: 86

Rentals by Property Type

Apartment
$1,678
Median DOM: 53
Inventory: 35
MoM: 0.0%
Condo
$1,795
Median DOM: 1
Inventory: 9
MoM: 0.0%
Single Family
$3,200
Median DOM: 1
Inventory: 25
MoM: 0.0%
Townhouse
$3,150
Median DOM: 1
Inventory: 17
MoM: 0.0%
Apartment
Avg/Median Rent$1,783 / $1,678Range$783 – $5,098Rent per Sq Ft$3 / $3Sq Ft737 / 672DOM71 / 53New2Total35
Condo
Avg/Median Rent$1,859 / $1,795Range$1,495 – $2,350Rent per Sq Ft$3 / $3Sq Ft724 / 675DOM1 / 1New1Total9
Single Family
Avg/Median Rent$3,478 / $3,200Range$700 – $6,500Rent per Sq Ft$2 / $2Sq Ft1,661 / 1,520DOM25 / 1New10Total25
Townhouse
Avg/Median Rent$3,205 / $3,150Range$2,395 – $4,282Rent per Sq Ft$2 / $2Sq Ft1,386 / 1,290DOM50 / 1New4Total17

Rentals by Bedroom Count

Studio
Avg:$1,245Median:$1,295Range:$783 – $1,466PSF:$4 / $4Sq Ft:348 / 355DOM:79 / 24New:1Total:6
1 Beds
Avg:$1,512Median:$1,500Range:$700 – $2,399PSF:$2 / $3Sq Ft:650 / 663DOM:55 / 26New:1Total:28
2 Beds
Avg:$2,647Median:$2,475Range:$1,695 – $5,098PSF:$3 / $3Sq Ft:1,003 / 950DOM:32 / 1New:3Total:25
3 Beds
Avg:$3,325Median:$3,200Range:$2,495 – $4,250PSF:$2 / $2Sq Ft:1,518 / 1,300DOM:39 / 1New:6Total:17
4 Beds
Avg:$4,814Median:$4,545Range:$3,000 – $6,500PSF:$2 / $2Sq Ft:2,265 / 2,200DOM:60 / 1New:4Total:8
5 Beds
Avg:$4,775Median:$4,300Range:$4,300 – $5,250PSF:$2 / $1Sq Ft:2,740 / 1,876DOM:1 / 1New:2Total:2

6-Month Sales Trend

Feb 2026
Median Price:$699,950Median DOM:27New:25Total:110
Mar 2026
Median Price:$700,000Median DOM:20New:48Total:128
Apr 2026
Median Price:$699,900Median DOM:23New:60Total:157
May 2026
Median Price:$675,000Median DOM:28New:51Total:162
Jun 2026
Median Price:$675,000Median DOM:32New:46Total:159
Jul 2026
Median Price:$664,950Median DOM:38New:16Total:158

6-Month Rental Trend

Feb 2026
Median Rent:$2,195Median DOM:17New:24Total:99
Mar 2026
Median Rent:$2,095Median DOM:11New:23Total:88
Apr 2026
Median Rent:$2,399Median DOM:10New:24Total:87
May 2026
Median Rent:$2,350Median DOM:19New:22Total:81
Jun 2026
Median Rent:$2,350Median DOM:8New:26Total:87
Jul 2026
Median Rent:$2,350Median DOM:1New:17Total:86

Key Market Takeaways

Median sale prices softened this month while inventory compressed. Days on market lengthened, signaling slower buyer activity. Rental pricing remained stable, 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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