ZIP 98107 Housing Market Report

Northwest Seattle

Report period: July 2026

98107 Monthly Market Update – July 2026

ZIP 98107 · Last updated Jul 12, 2026 · Data range Feb 2026 – Jul 2026

Executive Snapshot

Median Sale Price
$800,000
+0.1%
Median DOM (Sales)
37
+15.6%
New Listings (Sales)
16
−73.3%
Median Rent
$2,150
+2.6%
Median DOM (Rental)
9
0.0%
Total Rental Listings
223
+0.9%

Month-over-Month Movement

Median sale prices moved higher. Days on market lengthened. Rents moved higher. Rental inventory expanded.

What's Moving Fastest

  • Fastest selling: Single Family (13 DOM)
  • Fastest renting: Single Family (1 DOM)
  • Strongest bedroom: 7 Beds ($1,695,000 median)

Sales Market Overview

Median Price
$800,000
+0.1%
Median DOM
37
+15.6%
New Listings
16
−73.3%
Inventory
204
−1.9%
  • Average Price: $868,877
  • Median Price: $800,000
  • Price Range: $275,000 – $3,495,000
  • Price per Sq Ft (Avg/Median): $573 / $570
  • Square Footage (Avg/Median): 1,564 / 1,450
  • Square Footage Range: 388 – 9,408
  • Days on Market (Avg/Median): 49 / 37
  • Days on Market Range: 2 – 305
  • New Listings: 16
  • Total Listings: 204

Sales by Property Type

Condo
Avg/Median Price$424,247 / $399,000Range$275,000 – $844,500Price per Sq Ft$568 / $570Sq Ft761 / 705DOM66 / 59New3Total47
Land
Avg/Median Price$1,400,000 / $1,400,000Range$1,400,000 – $1,400,000Price per Sq FtSq FtDOM180 / 180New0Total1
Multi-Family
Avg/Median Price$1,439,950 / $1,200,000Range$995,000 – $3,495,000Price per Sq Ft$428 / $421Sq Ft3,453 / 2,770DOM79 / 68New0Total11
Single Family
Avg/Median Price$1,204,774 / $1,092,499Range$599,000 – $3,150,000Price per Sq Ft$597 / $582Sq Ft2,107 / 2,010DOM24 / 13New8Total47
Townhouse
Avg/Median Price$851,506 / $799,950Range$595,000 – $1,240,000Price per Sq Ft$580 / $576Sq Ft1,477 / 1,460DOM49 / 38New5Total98

Sales by Bedroom Count

Studio
Avg:$303,742Median:$299,000Range:$275,000 – $349,500PSF:$603 / $584Sq Ft:518 / 512DOM:58 / 66New:1Total:6
1 Beds
Avg:$400,558Median:$394,000Range:$315,000 – $529,500PSF:$571 / $570Sq Ft:707 / 696DOM:62 / 51New:2Total:30
2 Beds
Avg:$667,849Median:$679,950Range:$385,000 – $1,050,000PSF:$611 / $595Sq Ft:1,107 / 1,097DOM:60 / 47New:1Total:41
3 Beds
Avg:$967,275Median:$899,000Range:$637,000 – $3,495,000PSF:$575 / $567Sq Ft:1,741 / 1,612DOM:42 / 31New:7Total:88
4 Beds
Avg:$1,172,535Median:$1,075,000Range:$844,500 – $2,269,000PSF:$542 / $538Sq Ft:2,185 / 2,100DOM:26 / 23New:4Total:23
5 Beds
Avg:$1,632,786Median:$1,092,500Range:$849,000 – $3,150,000PSF:$536 / $425Sq Ft:2,890 / 2,690DOM:19 / 8New:0Total:7
6 Beds
Avg:$1,345,279Median:$1,300,000Range:$995,000 – $1,850,000PSF:$456 / $436Sq Ft:2,976 / 2,850DOM:87 / 68New:1Total:7
7 Beds
Avg:$1,695,000Median:$1,695,000Range:$1,695,000 – $1,695,000PSF:$517 / $517Sq Ft:3,281 / 3,281DOM:88 / 88New:0Total:1

Rental Market Overview

Median Rent
$2,150
+2.6%
Median DOM
9
0.0%
New Listings
45
Inventory
223
+0.9%
  • Average Rent: $2,481
  • Median Rent: $2,150
  • Rent Range: $725 – $6,489
  • Rent per Sq Ft (Avg/Median): $3 / $3
  • Square Footage (Avg/Median): 876 / 755
  • Square Footage Range: 250 – 2,090
  • Days on Market (Avg/Median): 57 / 9
  • Days on Market Range: 1 – 359
  • New Listings: 45
  • Total Listings: 223

Rentals by Property Type

Apartment
$1,770
Median DOM: 44
Inventory: 140
MoM: +2.6%
Condo
$2,350
Median DOM: 22
Inventory: 11
MoM: +2.6%
Single Family
$3,300
Median DOM: 1
Inventory: 33
MoM: +2.6%
Townhouse
$3,900
Median DOM: 1
Inventory: 34
MoM: +2.6%
Apartment
Avg/Median Rent$1,934 / $1,770Range$725 – $6,489Rent per Sq Ft$3 / $3Sq Ft633 / 607DOM88 / 44New18Total140
Condo
Avg/Median Rent$2,451 / $2,350Range$1,450 – $3,350Rent per Sq Ft$3 / $3Sq Ft770 / 715DOM20 / 22New1Total11
Multi-Family
Avg/Median Rent$3,098 / $3,250Range$1,995 – $3,800Rent per Sq Ft$2 / $2Sq Ft1,340 / 1,200DOM22 / 19New0Total5
Single Family
Avg/Median Rent$3,125 / $3,300Range$1,190 – $4,999Rent per Sq Ft$3 / $3Sq Ft1,198 / 1,210DOM6 / 1New12Total33
Townhouse
Avg/Median Rent$4,032 / $3,900Range$2,900 – $4,982Rent per Sq Ft$3 / $3Sq Ft1,437 / 1,380DOM27 / 1New14Total34

Rentals by Bedroom Count

Studio
Avg:$1,383Median:$1,265Range:$725 – $4,500PSF:$4 / $4Sq Ft:404 / 400DOM:111 / 62New:9Total:54
1 Beds
Avg:$1,906Median:$1,770Range:$1,350 – $6,008PSF:$3 / $3Sq Ft:621 / 616DOM:66 / 23New:8Total:57
2 Beds
Avg:$2,866Median:$2,650Range:$1,645 – $6,489PSF:$3 / $3Sq Ft:999 / 980DOM:56 / 9New:9Total:66
3 Beds
Avg:$3,871Median:$3,900Range:$2,563 – $4,695PSF:$3 / $3Sq Ft:1,444 / 1,401DOM:12 / 1New:18Total:43
4 Beds
Avg:$4,800Median:$4,800Range:$4,600 – $4,999PSF:$3 / $3Sq Ft:1,864 / 1,939DOM:8 / 1New:1Total:3

6-Month Sales Trend

Feb 2026
Median Price:$799,000Median DOM:30New:45Total:152
Mar 2026
Median Price:$830,000Median DOM:33New:45Total:165
Apr 2026
Median Price:$825,000Median DOM:28New:70Total:190
May 2026
Median Price:$799,950Median DOM:30New:64Total:212
Jun 2026
Median Price:$799,000Median DOM:32New:60Total:208
Jul 2026
Median Price:$800,000Median DOM:37New:16Total:204

6-Month Rental Trend

Feb 2026
Median Rent:$1,900Median DOM:19New:57Total:215
Mar 2026
Median Rent:$2,000Median DOM:20New:57Total:201
Apr 2026
Median Rent:$2,087Median DOM:16New:68Total:214
May 2026
Median Rent:$2,095Median DOM:9New:74Total:220
Jun 2026
Median Rent:$2,095Median DOM:9New:74Total:221
Jul 2026
Median Rent:$2,150Median DOM:9New:45Total:223

Key Market Takeaways

Median sale prices moved higher 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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