ZIP 98107 Housing Market Report
Northwest Seattle
Report period: May 2026
98107 Monthly Market Update – May 2026
ZIP 98107 · Last updated May 11, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$799,999
−3.0%
Median DOM (Sales)
25
−10.7%
New Listings (Sales)
22
−68.6%
Median Rent
$2,095
+0.4%
Median DOM (Rental)
12
−25.0%
Total Rental Listings
216
+0.9%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market improved. Rents moved higher. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Land (6 DOM)
- Fastest renting: Single Family (1 DOM)
- Strongest bedroom: 7 Beds ($1,695,000 median)
Sales Market Overview
Median Price
$799,999
−3.0%
Median DOM
25
−10.7%
New Listings
22
−68.6%
Inventory
208
+9.5%
- Average Price: $858,739
- Median Price: $799,999
- Price Range: $285,000 – $4,295,000
- Price per Sq Ft (Avg/Median): $577 / $574
- Square Footage (Avg/Median): 1,547 / 1,410
- Square Footage Range: 388 – 9,505
- Days on Market (Avg/Median): 41 / 25
- Days on Market Range: 1 – 347
- New Listings: 22
- Total Listings: 208
Sales by Property Type
Condo
Avg/Median Price$482,205 / $425,000Range$285,000 – $1,275,000Price per Sq Ft$580 / $574Sq Ft847 / 761DOM52 / 40New6Total54
Land
Avg/Median Price$1,147,500 / $895,000Range$895,000 – $1,400,000Price per Sq Ft—Sq Ft—DOM62 / 6New0Total2
Multi-Family
Avg/Median Price$1,586,395 / $1,280,000Range$995,000 – $3,495,000Price per Sq Ft$470 / $456Sq Ft3,501 / 2,850DOM55 / 33New1Total10
Single Family
Avg/Median Price$1,177,064 / $1,050,000Range$674,950 – $4,295,000Price per Sq Ft$582 / $563Sq Ft2,165 / 2,100DOM35 / 10New5Total43
Townhouse
Avg/Median Price$846,524 / $825,000Range$585,000 – $1,210,000Price per Sq Ft$584 / $579Sq Ft1,464 / 1,440DOM37 / 25New10Total99
Sales by Bedroom Count
Studio
Avg:$297,790Median:$299,000Range:$285,000 – $315,000PSF:$600 / $584Sq Ft:514 / 512DOM:50 / 61New:2Total:5
1 Beds
Avg:$418,521Median:$419,000Range:$295,000 – $615,000PSF:$580 / $577Sq Ft:730 / 702DOM:50 / 39New:3Total:33
2 Beds
Avg:$709,615Median:$729,000Range:$385,000 – $1,100,000PSF:$630 / $607Sq Ft:1,138 / 1,097DOM:52 / 40New:4Total:49
3 Beds
Avg:$943,727Median:$899,000Range:$637,000 – $3,495,000PSF:$566 / $556Sq Ft:1,728 / 1,603DOM:28 / 14New:11Total:84
4 Beds
Avg:$1,153,150Median:$1,120,000Range:$899,000 – $1,600,000PSF:$542 / $531Sq Ft:2,142 / 2,140DOM:33 / 13New:0Total:22
5 Beds
Avg:$1,477,857Median:$1,150,000Range:$995,000 – $2,795,000PSF:$499 / $482Sq Ft:2,877 / 2,680DOM:68 / 18New:2Total:7
6 Beds
Avg:$1,308,317Median:$1,200,000Range:$1,125,000 – $1,599,950PSF:$476 / $479Sq Ft:2,743 / 2,850DOM:116 / 118New:0Total:3
7 Beds
Avg:$2,446,333Median:$1,695,000Range:$1,349,000 – $4,295,000PSF:$475 / $456Sq Ft:5,249 / 3,281DOM:41 / 53New:0Total:3
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $297,790 | $299,000 | $285,000 – $315,000 | $600 / $584 | 514 / 512 | 50 / 61 | 2 | 5 |
| 1 Beds | $418,521 | $419,000 | $295,000 – $615,000 | $580 / $577 | 730 / 702 | 50 / 39 | 3 | 33 |
| 2 Beds | $709,615 | $729,000 | $385,000 – $1,100,000 | $630 / $607 | 1,138 / 1,097 | 52 / 40 | 4 | 49 |
| 3 Beds | $943,727 | $899,000 | $637,000 – $3,495,000 | $566 / $556 | 1,728 / 1,603 | 28 / 14 | 11 | 84 |
| 4 Beds | $1,153,150 | $1,120,000 | $899,000 – $1,600,000 | $542 / $531 | 2,142 / 2,140 | 33 / 13 | 0 | 22 |
| 5 Beds | $1,477,857 | $1,150,000 | $995,000 – $2,795,000 | $499 / $482 | 2,877 / 2,680 | 68 / 18 | 2 | 7 |
| 6 Beds | $1,308,317 | $1,200,000 | $1,125,000 – $1,599,950 | $476 / $479 | 2,743 / 2,850 | 116 / 118 | 0 | 3 |
| 7 Beds | $2,446,333 | $1,695,000 | $1,349,000 – $4,295,000 | $475 / $456 | 5,249 / 3,281 | 41 / 53 | 0 | 3 |
Rental Market Overview
Median Rent
$2,095
+0.4%
Median DOM
12
−25.0%
New Listings
36
Inventory
216
+0.9%
- Average Rent: $2,416
- Median Rent: $2,095
- Rent Range: $695 – $7,979
- Rent per Sq Ft (Avg/Median): $3 / $3
- Square Footage (Avg/Median): 848 / 749
- Square Footage Range: 250 – 2,340
- Days on Market (Avg/Median): 64 / 12
- Days on Market Range: 1 – 349
- New Listings: 36
- Total Listings: 216
Rentals by Property Type
Apartment
$1,791
Median DOM: 56
Inventory: 143
MoM: +0.4%
Condo
$2,250
Median DOM: 3
Inventory: 10
MoM: +0.4%
Single Family
$3,150
Median DOM: 1
Inventory: 36
MoM: +0.4%
Townhouse
$3,895
Median DOM: 1
Inventory: 24
MoM: +0.4%
Apartment
Avg/Median Rent$1,982 / $1,791Range$695 – $7,979Rent per Sq Ft$3 / $3Sq Ft670 / 625DOM96 / 56New15Total143
Condo
Avg/Median Rent$2,398 / $2,250Range$1,000 – $3,350Rent per Sq Ft$3 / $3Sq Ft792 / 700DOM7 / 3New3Total10
Multi-Family
Avg/Median Rent$2,548 / $2,450Range$1,700 – $3,495Rent per Sq Ft$2 / $2Sq Ft1,134 / 1,170DOM20 / 15New1Total3
Single Family
Avg/Median Rent$3,071 / $3,150Range$1,190 – $6,000Rent per Sq Ft$3 / $3Sq Ft1,128 / 1,050DOM13 / 1New9Total36
Townhouse
Avg/Median Rent$4,010 / $3,895Range$2,195 – $5,621Rent per Sq Ft$3 / $3Sq Ft1,423 / 1,460DOM18 / 1New8Total24
Rentals by Bedroom Count
Studio
Avg:$1,332Median:$1,250Range:$699 – $4,500PSF:$4 / $4Sq Ft:399 / 379DOM:124 / 106New:5Total:51
1 Beds
Avg:$1,935Median:$1,840Range:$695 – $6,064PSF:$3 / $3Sq Ft:654 / 640DOM:66 / 31New:9Total:67
2 Beds
Avg:$3,024Median:$2,695Range:$1,800 – $7,979PSF:$3 / $3Sq Ft:1,021 / 1,000DOM:55 / 8New:13Total:62
3 Beds
Avg:$3,658Median:$3,600Range:$2,295 – $5,500PSF:$3 / $3Sq Ft:1,374 / 1,380DOM:23 / 5New:8Total:33
4 Beds
Avg:$5,350Median:$5,300Range:$4,750 – $6,000PSF:$3 / $3Sq Ft:1,922 / 1,768DOM:3 / 1New:1Total:3
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,332 | $1,250 | $699 – $4,500 | $4 / $4 | 399 / 379 | 124 / 106 | 5 | 51 |
| 1 Beds | $1,935 | $1,840 | $695 – $6,064 | $3 / $3 | 654 / 640 | 66 / 31 | 9 | 67 |
| 2 Beds | $3,024 | $2,695 | $1,800 – $7,979 | $3 / $3 | 1,021 / 1,000 | 55 / 8 | 13 | 62 |
| 3 Beds | $3,658 | $3,600 | $2,295 – $5,500 | $3 / $3 | 1,374 / 1,380 | 23 / 5 | 8 | 33 |
| 4 Beds | $5,350 | $5,300 | $4,750 – $6,000 | $3 / $3 | 1,922 / 1,768 | 3 / 1 | 1 | 3 |
6-Month Sales Trend
Dec 2025
Median Price:$799,000Median DOM:61New:9Total:115
Jan 2026
Median Price:$819,950Median DOM:37New:56Total:130
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:$799,999Median DOM:25New:22Total:208
6-Month Rental Trend
Dec 2025
Median Rent:$1,880Median DOM:16New:82Total:213
Jan 2026
Median Rent:$1,884Median DOM:16New:78Total:218
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:12New:36Total:216
Key Market Takeaways
Median sale prices softened this month while inventory expanded. Days on market declined, signaling improving 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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