ZIP 98108 Housing Market Report
Northwest Seattle
Report period: August 2026
98108 Monthly Market Update – August 2026
ZIP 98108 · Last updated Aug 11, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$695,000
+1.5%
Median DOM (Sales)
41
−18.0%
New Listings (Sales)
14
−63.2%
Median Rent
$2,292
−4.3%
Median DOM (Rental)
11
0.0%
Total Rental Listings
56
+1.8%
Month-over-Month Movement
Median sale prices moved higher. Days on market improved. Rents softened. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Single Family (19 DOM)
- Fastest renting: Single Family (1 DOM)
- Strongest bedroom: 6 Beds ($999,950 median)
Sales Market Overview
Median Price
$695,000
+1.5%
Median DOM
41
−18.0%
New Listings
14
−63.2%
Inventory
146
+3.5%
- Average Price: $756,140
- Median Price: $695,000
- Price Range: $45,000 – $2,450,000
- Price per Sq Ft (Avg/Median): $465 / $456
- Square Footage (Avg/Median): 1,749 / 1,680
- Square Footage Range: 560 – 3,630
- Days on Market (Avg/Median): 65 / 41
- Days on Market Range: 2 – 310
- New Listings: 14
- Total Listings: 146
Sales by Property Type
Condo
Avg/Median Price$465,808 / $499,950Range$229,999 – $765,000Price per Sq Ft$468 / $466Sq Ft1,006 / 998DOM68 / 36New2Total12
Land
Avg/Median Price$599,298 / $379,000Range$45,000 – $2,450,000Price per Sq Ft—Sq Ft—DOM139 / 134New0Total20
Multi-Family
Avg/Median Price$1,104,875 / $900,000Range$535,000 – $1,950,000Price per Sq Ft$433 / $441Sq Ft2,532 / 2,760DOM83 / 67New1Total8
Single Family
Avg/Median Price$857,604 / $799,995Range$360,000 – $2,100,000Price per Sq Ft$475 / $453Sq Ft1,912 / 1,840DOM40 / 19New11Total74
Townhouse
Avg/Median Price$641,222 / $599,000Range$450,000 – $1,260,000Price per Sq Ft$448 / $450Sq Ft1,453 / 1,488DOM73 / 58New0Total32
Sales by Bedroom Count
1 Beds
Avg:$408,981Median:$360,000Range:$229,999 – $599,000PSF:$414 / $389Sq Ft:1,004 / 1,032DOM:47 / 16New:2Total:8
2 Beds
Avg:$591,462Median:$520,000Range:$445,000 – $1,995,000PSF:$550 / $519Sq Ft:1,099 / 1,061DOM:80 / 62New:1Total:25
3 Beds
Avg:$757,045Median:$715,000Range:$425,000 – $1,950,000PSF:$467 / $450Sq Ft:1,654 / 1,652DOM:50 / 33New:4Total:46
4 Beds
Avg:$968,679Median:$900,000Range:$550,000 – $2,100,000PSF:$448 / $448Sq Ft:2,183 / 2,080DOM:36 / 13New:5Total:34
5 Beds
Avg:$794,998Median:$799,995Range:$535,000 – $925,000PSF:$346 / $305Sq Ft:2,313 / 2,220DOM:71 / 62New:1Total:6
6 Beds
Avg:$1,312,238Median:$999,950Range:$999,000 – $1,700,000PSF:$461 / $487Sq Ft:2,968 / 3,183DOM:53 / 27New:0Total:4
7 Beds
Avg:$858,000Median:$849,000Range:$750,000 – $975,000PSF:$295 / $274Sq Ft:2,913 / 2,880DOM:53 / 67New:1Total:3
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $408,981 | $360,000 | $229,999 – $599,000 | $414 / $389 | 1,004 / 1,032 | 47 / 16 | 2 | 8 |
| 2 Beds | $591,462 | $520,000 | $445,000 – $1,995,000 | $550 / $519 | 1,099 / 1,061 | 80 / 62 | 1 | 25 |
| 3 Beds | $757,045 | $715,000 | $425,000 – $1,950,000 | $467 / $450 | 1,654 / 1,652 | 50 / 33 | 4 | 46 |
| 4 Beds | $968,679 | $900,000 | $550,000 – $2,100,000 | $448 / $448 | 2,183 / 2,080 | 36 / 13 | 5 | 34 |
| 5 Beds | $794,998 | $799,995 | $535,000 – $925,000 | $346 / $305 | 2,313 / 2,220 | 71 / 62 | 1 | 6 |
| 6 Beds | $1,312,238 | $999,950 | $999,000 – $1,700,000 | $461 / $487 | 2,968 / 3,183 | 53 / 27 | 0 | 4 |
| 7 Beds | $858,000 | $849,000 | $750,000 – $975,000 | $295 / $274 | 2,913 / 2,880 | 53 / 67 | 1 | 3 |
Rental Market Overview
Median Rent
$2,292
−4.3%
Median DOM
11
0.0%
New Listings
11
Inventory
56
+1.8%
- Average Rent: $2,366
- Median Rent: $2,292
- Rent Range: $710 – $5,100
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,103 / 1,000
- Square Footage Range: 255 – 3,400
- Days on Market (Avg/Median): 62 / 11
- Days on Market Range: 1 – 355
- New Listings: 11
- Total Listings: 56
Rentals by Property Type
Apartment
$1,425
Median DOM: 27
Inventory: 26
MoM: −4.3%
Condo
$1,500
Median DOM: —
Inventory: 1
MoM: −4.3%
Single Family
$3,000
Median DOM: 1
Inventory: 18
MoM: −4.3%
Townhouse
$2,950
Median DOM: 1
Inventory: 11
MoM: −4.3%
Apartment
Avg/Median Rent$1,593 / $1,425Range$710 – $3,600Rent per Sq Ft$3 / $3Sq Ft628 / 558DOM101 / 27New1Total26
Condo
Avg/Median Rent$1,500 / $1,500Range$1,500 – $1,500Rent per Sq Ft$2 / $2Sq Ft700 / 700DOM—New0Total1
Single Family
Avg/Median Rent$3,149 / $3,000Range$1,350 – $5,100Rent per Sq Ft$2 / $2Sq Ft1,592 / 1,520DOM42 / 1New7Total18
Townhouse
Avg/Median Rent$2,990 / $2,950Range$2,300 – $3,850Rent per Sq Ft$2 / $2Sq Ft1,464 / 1,360DOM26 / 1New3Total11
Rentals by Bedroom Count
Studio
Avg:$1,222Median:$940Range:$920 – $1,702PSF:$4 / $4Sq Ft:335 / 268DOM:177 / 164New:0Total:4
1 Beds
Avg:$1,438Median:$1,395Range:$710 – $1,795PSF:$3 / $2Sq Ft:573 / 550DOM:89 / 20New:1Total:20
2 Beds
Avg:$2,468Median:$2,395Range:$1,625 – $3,000PSF:$2 / $2Sq Ft:1,223 / 1,110DOM:22 / 11New:3Total:12
3 Beds
Avg:$3,312Median:$3,195Range:$2,700 – $4,000PSF:$2 / $2Sq Ft:1,543 / 1,402DOM:18 / 1New:6Total:15
4 Beds
Avg:$3,100Median:$3,000Range:$3,000 – $3,200PSF:$2 / $2Sq Ft:1,565 / 1,000DOM:172 / 1New:1Total:2
5 Beds
Avg:$4,150Median:$4,150Range:$4,150 – $4,150PSF:$2 / $2Sq Ft:2,600 / 2,600DOM:1 / 1New:0Total:1
6 Beds
Avg:$4,100Median:$4,100Range:$4,100 – $4,100PSF:$2 / $2Sq Ft:2,040 / 2,040DOM:233 / 233New:0Total:1
7 Beds
Avg:$5,100Median:$5,100Range:$5,100 – $5,100PSF:$2 / $2Sq Ft:3,400 / 3,400DOM:32 / 32New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,222 | $940 | $920 – $1,702 | $4 / $4 | 335 / 268 | 177 / 164 | 0 | 4 |
| 1 Beds | $1,438 | $1,395 | $710 – $1,795 | $3 / $2 | 573 / 550 | 89 / 20 | 1 | 20 |
| 2 Beds | $2,468 | $2,395 | $1,625 – $3,000 | $2 / $2 | 1,223 / 1,110 | 22 / 11 | 3 | 12 |
| 3 Beds | $3,312 | $3,195 | $2,700 – $4,000 | $2 / $2 | 1,543 / 1,402 | 18 / 1 | 6 | 15 |
| 4 Beds | $3,100 | $3,000 | $3,000 – $3,200 | $2 / $2 | 1,565 / 1,000 | 172 / 1 | 1 | 2 |
| 5 Beds | $4,150 | $4,150 | $4,150 – $4,150 | $2 / $2 | 2,600 / 2,600 | 1 / 1 | 0 | 1 |
| 6 Beds | $4,100 | $4,100 | $4,100 – $4,100 | $2 / $2 | 2,040 / 2,040 | 233 / 233 | 0 | 1 |
| 7 Beds | $5,100 | $5,100 | $5,100 – $5,100 | $2 / $2 | 3,400 / 3,400 | 32 / 32 | 0 | 1 |
6-Month Sales Trend
Mar 2026
Median Price:$594,950Median DOM:40New:38Total:131
Apr 2026
Median Price:$599,950Median DOM:47New:22Total:131
May 2026
Median Price:$600,000Median DOM:39New:47Total:141
Jun 2026
Median Price:$675,000Median DOM:46New:37Total:143
Jul 2026
Median Price:$684,950Median DOM:50New:38Total:141
Aug 2026
Median Price:$695,000Median DOM:41New:14Total:146
6-Month Rental Trend
Mar 2026
Median Rent:$2,600Median DOM:3New:16Total:50
Apr 2026
Median Rent:$2,345Median DOM:21New:16Total:46
May 2026
Median Rent:$2,600Median DOM:6New:20Total:53
Jun 2026
Median Rent:$2,450Median DOM:11New:19Total:56
Jul 2026
Median Rent:$2,395Median DOM:11New:19Total:55
Aug 2026
Median Rent:$2,292Median DOM:11New:11Total:56
Key Market Takeaways
Median sale prices moved higher this month while inventory expanded. Days on market declined, signaling improving buyer activity. Rental pricing eased, 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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