ZIP 98106 Housing Market Report
Northwest Seattle
Report period: March 2026
98106 Monthly Market Update – March 2026
ZIP 98106 · Last updated Mar 12, 2026 · Data range Oct 2025 – Mar 2026
Executive Snapshot
Median Sale Price
$699,950
0.0%
Median DOM (Sales)
21
−22.2%
New Listings (Sales)
12
−52.0%
Median Rent
$2,000
−8.9%
Median DOM (Rental)
10
−41.2%
Total Rental Listings
96
−3.0%
Month-over-Month Movement
Median sale prices were flat. Days on market improved. Rents softened. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Single Family (14 DOM)
- Fastest renting: Condo (1 DOM)
- Strongest bedroom: 5 Beds ($1,089,900 median)
Sales Market Overview
Median Price
$699,950
0.0%
Median DOM
21
−22.2%
New Listings
12
−52.0%
Inventory
115
+4.5%
- Average Price: $739,608
- Median Price: $699,950
- Price Range: $99,000 – $1,499,888
- Price per Sq Ft (Avg/Median): $470 / $449
- Square Footage (Avg/Median): 1,704 / 1,520
- Square Footage Range: 320 – 3,308
- Days on Market (Avg/Median): 50 / 21
- Days on Market Range: 2 – 279
- New Listings: 12
- Total Listings: 115
Sales by Property Type
Condo
Avg/Median Price$584,267 / $575,950Range$388,000 – $779,900Price per Sq Ft$566 / $575Sq Ft1,035 / 1,037DOM39 / 21New1Total9
Land
Avg/Median Price$469,800 / $475,000Range$99,000 – $875,000Price per Sq Ft—Sq Ft—DOM109 / 97New0Total5
Multi-Family
Avg/Median Price$767,166 / $729,000Range$550,000 – $1,100,000Price per Sq Ft$388 / $313Sq Ft2,090 / 2,360DOM90 / 94New1Total6
Single Family
Avg/Median Price$825,589 / $789,950Range$199,900 – $1,499,888Price per Sq Ft$456 / $418Sq Ft1,936 / 1,880DOM47 / 14New5Total60
Townhouse
Avg/Median Price$665,975 / $659,950Range$320,000 – $1,095,000Price per Sq Ft$484 / $475Sq Ft1,411 / 1,329DOM45 / 27New5Total35
Sales by Bedroom Count
1 Beds
Avg:$331,633Median:$320,000Range:$199,900 – $475,000PSF:$461 / $420Sq Ft:831 / 762DOM:10 / 8New:0Total:3
2 Beds
Avg:$587,039Median:$580,000Range:$388,000 – $765,000PSF:$552 / $556Sq Ft:1,108 / 1,080DOM:50 / 21New:2Total:29
3 Beds
Avg:$695,172Median:$679,950Range:$435,000 – $999,900PSF:$465 / $470Sq Ft:1,551 / 1,500DOM:41 / 14New:8Total:41
4 Beds
Avg:$947,127Median:$969,900Range:$549,950 – $1,499,888PSF:$436 / $413Sq Ft:2,188 / 2,315DOM:69 / 36New:1Total:20
5 Beds
Avg:$1,044,283Median:$1,089,900Range:$719,000 – $1,389,950PSF:$394 / $411Sq Ft:2,687 / 2,701DOM:41 / 27New:1Total:15
6 Beds
Avg:$849,000Median:$849,000Range:$849,000 – $849,000PSF:$313 / $313Sq Ft:2,710 / 2,710DOM:5 / 5New:0Total:1
7 Beds
Avg:$729,000Median:$729,000Range:$729,000 – $729,000PSF:$304 / $304Sq Ft:2,400 / 2,400DOM:94 / 94New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $331,633 | $320,000 | $199,900 – $475,000 | $461 / $420 | 831 / 762 | 10 / 8 | 0 | 3 |
| 2 Beds | $587,039 | $580,000 | $388,000 – $765,000 | $552 / $556 | 1,108 / 1,080 | 50 / 21 | 2 | 29 |
| 3 Beds | $695,172 | $679,950 | $435,000 – $999,900 | $465 / $470 | 1,551 / 1,500 | 41 / 14 | 8 | 41 |
| 4 Beds | $947,127 | $969,900 | $549,950 – $1,499,888 | $436 / $413 | 2,188 / 2,315 | 69 / 36 | 1 | 20 |
| 5 Beds | $1,044,283 | $1,089,900 | $719,000 – $1,389,950 | $394 / $411 | 2,687 / 2,701 | 41 / 27 | 1 | 15 |
| 6 Beds | $849,000 | $849,000 | $849,000 – $849,000 | $313 / $313 | 2,710 / 2,710 | 5 / 5 | 0 | 1 |
| 7 Beds | $729,000 | $729,000 | $729,000 – $729,000 | $304 / $304 | 2,400 / 2,400 | 94 / 94 | 0 | 1 |
Rental Market Overview
Median Rent
$2,000
−8.9%
Median DOM
10
−41.2%
New Listings
16
Inventory
96
−3.0%
- Average Rent: $2,278
- Median Rent: $2,000
- Rent Range: $775 – $5,384
- Rent per Sq Ft (Avg/Median): $3 / $2
- Square Footage (Avg/Median): 1,018 / 800
- Square Footage Range: 250 – 3,121
- Days on Market (Avg/Median): 56 / 10
- Days on Market Range: 1 – 357
- New Listings: 16
- Total Listings: 96
Rentals by Property Type
Apartment
$1,525
Median DOM: 54
Inventory: 37
MoM: −8.9%
Condo
$1,850
Median DOM: 1
Inventory: 6
MoM: −8.9%
Single Family
$2,900
Median DOM: 1
Inventory: 37
MoM: −8.9%
Townhouse
$2,995
Median DOM: 1
Inventory: 15
MoM: −8.9%
Apartment
Avg/Median Rent$1,659 / $1,525Range$850 – $5,384Rent per Sq Ft$3 / $2Sq Ft702 / 663DOM103 / 54New1Total37
Condo
Avg/Median Rent$2,137 / $1,850Range$1,500 – $3,175Rent per Sq Ft$3 / $3Sq Ft827 / 558DOM32 / 1New1Total6
Multi-Family
Avg/Median Rent$1,800 / $1,800Range$1,800 – $1,800Rent per Sq Ft$2 / $2Sq Ft800 / 800DOM1 / 1New0Total1
Single Family
Avg/Median Rent$2,736 / $2,900Range$775 – $4,800Rent per Sq Ft$3 / $2Sq Ft1,261 / 1,160DOM26 / 1New12Total37
Townhouse
Avg/Median Rent$2,763 / $2,995Range$1,300 – $3,500Rent per Sq Ft$2 / $2Sq Ft1,316 / 1,300DOM47 / 1New2Total15
Rentals by Bedroom Count
Studio
Avg:$1,235Median:$1,300Range:$850 – $1,499PSF:$4 / $4Sq Ft:336 / 355DOM:80 / 1New:1Total:8
1 Beds
Avg:$1,564Median:$1,600Range:$775 – $2,900PSF:$3 / $2Sq Ft:686 / 663DOM:103 / 54New:3Total:34
2 Beds
Avg:$2,278Median:$2,395Range:$1,500 – $3,166PSF:$3 / $3Sq Ft:910 / 830DOM:44 / 10New:6Total:22
3 Beds
Avg:$3,193Median:$3,175Range:$2,195 – $5,384PSF:$2 / $2Sq Ft:1,490 / 1,420DOM:20 / 1New:6Total:27
4 Beds
Avg:$3,888Median:$3,450Range:$3,050 – $4,800PSF:$2 / $2Sq Ft:1,705 / 1,600DOM:97 / 77New:0Total:4
5 Beds
Avg:$3,749Median:$3,749Range:$3,749 – $3,749PSF:$1 / $1Sq Ft:2,550 / 2,550DOM:—New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,235 | $1,300 | $850 – $1,499 | $4 / $4 | 336 / 355 | 80 / 1 | 1 | 8 |
| 1 Beds | $1,564 | $1,600 | $775 – $2,900 | $3 / $2 | 686 / 663 | 103 / 54 | 3 | 34 |
| 2 Beds | $2,278 | $2,395 | $1,500 – $3,166 | $3 / $3 | 910 / 830 | 44 / 10 | 6 | 22 |
| 3 Beds | $3,193 | $3,175 | $2,195 – $5,384 | $2 / $2 | 1,490 / 1,420 | 20 / 1 | 6 | 27 |
| 4 Beds | $3,888 | $3,450 | $3,050 – $4,800 | $2 / $2 | 1,705 / 1,600 | 97 / 77 | 0 | 4 |
| 5 Beds | $3,749 | $3,749 | $3,749 – $3,749 | $1 / $1 | 2,550 / 2,550 | — | 0 | 1 |
6-Month Sales Trend
Oct 2025
Median Price:$699,000Median DOM:41New:40Total:150
Nov 2025
Median Price:$674,900Median DOM:47New:27Total:134
Dec 2025
Median Price:$664,900Median DOM:56New:13Total:111
Jan 2026
Median Price:$688,950Median DOM:42New:42Total:117
Feb 2026
Median Price:$699,950Median DOM:27New:25Total:110
Mar 2026
Median Price:$699,950Median DOM:21New:12Total:115
6-Month Rental Trend
Oct 2025
Median Rent:$2,395Median DOM:23New:31Total:106
Nov 2025
Median Rent:$2,500Median DOM:22New:37Total:107
Dec 2025
Median Rent:$2,500Median DOM:13New:36Total:107
Jan 2026
Median Rent:$2,400Median DOM:9New:33Total:102
Feb 2026
Median Rent:$2,195Median DOM:17New:24Total:99
Mar 2026
Median Rent:$2,000Median DOM:10New:16Total:96
Key Market Takeaways
Median sale prices held steady this month while inventory expanded. Days on market declined, signaling improving buyer activity. Rental pricing eased, 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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