ZIP 98108 Housing Market Report
Northwest Seattle
Report period: March 2026
98108 Monthly Market Update – March 2026
ZIP 98108 · Last updated Mar 12, 2026 · Data range Oct 2025 – Mar 2026
Executive Snapshot
Median Sale Price
$594,950
−3.4%
Median DOM (Sales)
46
+2.2%
New Listings (Sales)
4
−88.6%
Median Rent
$2,600
0.0%
Median DOM (Rental)
2
+100.0%
Total Rental Listings
56
+3.7%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market lengthened. Rents were stable. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Single Family (21 DOM)
- Fastest renting: Single Family (1 DOM)
- Strongest bedroom: 6 Beds ($1,325,000 median)
Sales Market Overview
Median Price
$594,950
−3.4%
Median DOM
46
+2.2%
New Listings
4
−88.6%
Inventory
119
+0.8%
- Average Price: $682,477
- Median Price: $594,950
- Price Range: $28,000 – $2,550,000
- Price per Sq Ft (Avg/Median): $471 / $467
- Square Footage (Avg/Median): 1,592 / 1,455
- Square Footage Range: 560 – 3,630
- Days on Market (Avg/Median): 78 / 46
- Days on Market Range: 2 – 365
- New Listings: 4
- Total Listings: 119
Sales by Property Type
Condo
Avg/Median Price$489,150 / $470,000Range$249,950 – $825,000Price per Sq Ft$581 / $595Sq Ft828 / 790DOM57 / 41New0Total6
Land
Avg/Median Price$493,428 / $375,000Range$28,000 – $2,550,000Price per Sq Ft—Sq Ft—DOM156 / 166New0Total23
Multi-Family
Avg/Median Price$1,277,333 / $719,000Range$645,000 – $2,100,000Price per Sq Ft$524 / $487Sq Ft2,384 / 2,540DOM105 / 112New0Total6
Single Family
Avg/Median Price$794,131 / $749,950Range$374,850 – $1,975,000Price per Sq Ft$458 / $444Sq Ft1,824 / 1,730DOM47 / 21New3Total43
Townhouse
Avg/Median Price$612,668 / $579,950Range$455,000 – $905,000Price per Sq Ft$460 / $467Sq Ft1,345 / 1,370DOM68 / 44New1Total41
Sales by Bedroom Count
1 Beds
Avg:$459,780Median:$475,000Range:$249,950 – $699,000PSF:$530 / $483Sq Ft:912 / 690DOM:113 / 111New:0Total:5
2 Beds
Avg:$559,433Median:$525,000Range:$400,000 – $795,000PSF:$482 / $480Sq Ft:1,223 / 1,074DOM:58 / 29New:2Total:32
3 Beds
Avg:$737,209Median:$649,950Range:$500,000 – $2,000,000PSF:$469 / $441Sq Ft:1,587 / 1,486DOM:62 / 35New:0Total:38
4 Beds
Avg:$995,958Median:$874,900Range:$374,850 – $2,100,000PSF:$450 / $446Sq Ft:2,212 / 2,290DOM:51 / 33New:1Total:18
5 Beds
Avg:$849,000Median:$849,000Range:$849,000 – $849,000PSF:$379 / $379Sq Ft:2,240 / 2,240DOM:2 / 2New:0Total:1
6 Beds
Avg:$1,437,500Median:$1,325,000Range:$1,325,000 – $1,550,000PSF:$426 / $365Sq Ft:3,406 / 3,183DOM:32 / 9New:1Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $459,780 | $475,000 | $249,950 – $699,000 | $530 / $483 | 912 / 690 | 113 / 111 | 0 | 5 |
| 2 Beds | $559,433 | $525,000 | $400,000 – $795,000 | $482 / $480 | 1,223 / 1,074 | 58 / 29 | 2 | 32 |
| 3 Beds | $737,209 | $649,950 | $500,000 – $2,000,000 | $469 / $441 | 1,587 / 1,486 | 62 / 35 | 0 | 38 |
| 4 Beds | $995,958 | $874,900 | $374,850 – $2,100,000 | $450 / $446 | 2,212 / 2,290 | 51 / 33 | 1 | 18 |
| 5 Beds | $849,000 | $849,000 | $849,000 – $849,000 | $379 / $379 | 2,240 / 2,240 | 2 / 2 | 0 | 1 |
| 6 Beds | $1,437,500 | $1,325,000 | $1,325,000 – $1,550,000 | $426 / $365 | 3,406 / 3,183 | 32 / 9 | 1 | 2 |
Rental Market Overview
Median Rent
$2,600
0.0%
Median DOM
2
+100.0%
New Listings
12
Inventory
56
+3.7%
- Average Rent: $2,520
- Median Rent: $2,600
- Rent Range: $550 – $4,100
- Rent per Sq Ft (Avg/Median): $3 / $2
- Square Footage (Avg/Median): 1,091 / 1,013
- Square Footage Range: 257 – 2,250
- Days on Market (Avg/Median): 46 / 2
- Days on Market Range: 1 – 318
- New Listings: 12
- Total Listings: 56
Rentals by Property Type
Apartment
$1,400
Median DOM: 21
Inventory: 18
MoM: 0.0%
Condo
$1,575
Median DOM: 151
Inventory: 2
MoM: 0.0%
Single Family
$3,000
Median DOM: 1
Inventory: 21
MoM: 0.0%
Townhouse
$2,995
Median DOM: 1
Inventory: 15
MoM: 0.0%
Apartment
Avg/Median Rent$1,515 / $1,400Range$550 – $3,000Rent per Sq Ft$3 / $3Sq Ft616 / 580DOM82 / 21New2Total18
Condo
Avg/Median Rent$2,438 / $1,575Range$1,575 – $3,300Rent per Sq Ft$4 / $4Sq Ft645 / 450DOM151 / 151New0Total2
Single Family
Avg/Median Rent$3,047 / $3,000Range$1,450 – $4,100Rent per Sq Ft$2 / $2Sq Ft1,399 / 1,182DOM40 / 1New7Total21
Townhouse
Avg/Median Rent$2,999 / $2,995Range$1,750 – $3,850Rent per Sq Ft$2 / $2Sq Ft1,257 / 1,273DOM16 / 1New3Total15
Rentals by Bedroom Count
Studio
Avg:$1,092Median:$875Range:$875 – $1,325PSF:$4 / $3Sq Ft:311 / 265DOM:53 / 21New:0Total:4
1 Beds
Avg:$1,537Median:$1,550Range:$550 – $2,200PSF:$3 / $3Sq Ft:607 / 550DOM:102 / 60New:1Total:13
2 Beds
Avg:$2,562Median:$2,795Range:$1,300 – $3,300PSF:$3 / $2Sq Ft:1,032 / 1,013DOM:36 / 14New:3Total:11
3 Beds
Avg:$3,101Median:$3,150Range:$1,400 – $3,995PSF:$2 / $2Sq Ft:1,328 / 1,290DOM:20 / 1New:7Total:20
4 Beds
Avg:$3,217Median:$3,400Range:$2,100 – $3,750PSF:$2 / $2Sq Ft:1,642 / 1,730DOM:62 / 32New:0Total:6
5 Beds
Avg:$3,150Median:$3,150Range:$3,150 – $3,150PSF:$2 / $2Sq Ft:1,680 / 1,680DOM:1 / 1New:1Total:1
6 Beds
Avg:$4,100Median:$4,100Range:$4,100 – $4,100PSF:$2 / $2Sq Ft:2,040 / 2,040DOM:140 / 140New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,092 | $875 | $875 – $1,325 | $4 / $3 | 311 / 265 | 53 / 21 | 0 | 4 |
| 1 Beds | $1,537 | $1,550 | $550 – $2,200 | $3 / $3 | 607 / 550 | 102 / 60 | 1 | 13 |
| 2 Beds | $2,562 | $2,795 | $1,300 – $3,300 | $3 / $2 | 1,032 / 1,013 | 36 / 14 | 3 | 11 |
| 3 Beds | $3,101 | $3,150 | $1,400 – $3,995 | $2 / $2 | 1,328 / 1,290 | 20 / 1 | 7 | 20 |
| 4 Beds | $3,217 | $3,400 | $2,100 – $3,750 | $2 / $2 | 1,642 / 1,730 | 62 / 32 | 0 | 6 |
| 5 Beds | $3,150 | $3,150 | $3,150 – $3,150 | $2 / $2 | 1,680 / 1,680 | 1 / 1 | 1 | 1 |
| 6 Beds | $4,100 | $4,100 | $4,100 – $4,100 | $2 / $2 | 2,040 / 2,040 | 140 / 140 | 0 | 1 |
6-Month Sales Trend
Oct 2025
Median Price:$649,000Median DOM:42New:27Total:131
Nov 2025
Median Price:$599,999Median DOM:56New:26Total:130
Dec 2025
Median Price:$604,950Median DOM:77New:8Total:112
Jan 2026
Median Price:$604,950Median DOM:77New:32Total:104
Feb 2026
Median Price:$615,950Median DOM:45New:35Total:118
Mar 2026
Median Price:$594,950Median DOM:46New:4Total:119
6-Month Rental Trend
Oct 2025
Median Rent:$2,595Median DOM:1New:28Total:62
Nov 2025
Median Rent:$2,650Median DOM:1New:25Total:61
Dec 2025
Median Rent:$2,800Median DOM:13New:21Total:59
Jan 2026
Median Rent:$2,795Median DOM:1New:19Total:49
Feb 2026
Median Rent:$2,600Median DOM:1New:22Total:54
Mar 2026
Median Rent:$2,600Median DOM:2New:12Total:56
Key Market Takeaways
Median sale prices softened this month while inventory expanded. Days on market lengthened, signaling slower buyer activity. Rental pricing remained stable, 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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