ZIP 98109 Housing Market Report

Northwest Seattle

Report period: July 2026

98109 Monthly Market Update – July 2026

ZIP 98109 · Last updated Jul 12, 2026 · Data range Feb 2026 – Jul 2026

Executive Snapshot

Median Sale Price
$675,000
−0.6%
Median DOM (Sales)
45
+4.7%
New Listings (Sales)
24
−50.0%
Median Rent
$2,025
+1.3%
Median DOM (Rental)
34
−2.9%
Total Rental Listings
318
−1.2%

Month-over-Month Movement

Median sale prices eased compared to last month. Days on market lengthened. Rents moved higher. Rental inventory tightened.

What's Moving Fastest

  • Fastest selling: Single Family (23 DOM)
  • Fastest renting: Condo (1 DOM)
  • Strongest bedroom: 5 Beds ($3,750,000 median)

Sales Market Overview

Median Price
$675,000
−0.6%
Median DOM
45
+4.7%
New Listings
24
−50.0%
Inventory
206
−2.8%
  • Average Price: $1,012,588
  • Median Price: $675,000
  • Price Range: $79,500 – $5,308,000
  • Price per Sq Ft (Avg/Median): $628 / $604
  • Square Footage (Avg/Median): 1,591 / 1,153
  • Square Footage Range: 268 – 13,200
  • Days on Market (Avg/Median): 63 / 45
  • Days on Market Range: 2 – 361
  • New Listings: 24
  • Total Listings: 206

Sales by Property Type

Condo
Avg/Median Price$524,033 / $449,900Range$174,500 – $2,495,000Price per Sq Ft$569 / $570Sq Ft924 / 827DOM73 / 59New12Total113
Land
Avg/Median Price$1,950,000 / $900,000Range$900,000 – $3,000,000Price per Sq FtSq FtDOM115 / 80New0Total2
Multi-Family
Avg/Median Price$1,736,000 / $1,595,000Range$1,298,000 – $2,450,000Price per Sq Ft$412 / $323Sq Ft5,334 / 3,760DOM80 / 39New0Total6
Single Family
Avg/Median Price$1,742,059 / $1,565,000Range$79,500 – $5,308,000Price per Sq Ft$740 / $727Sq Ft2,389 / 2,520DOM45 / 23New12Total64
Townhouse
Avg/Median Price$1,122,360 / $999,000Range$699,000 – $1,895,000Price per Sq Ft$667 / $655Sq Ft1,678 / 1,611DOM54 / 45New0Total21

Sales by Bedroom Count

Studio
Avg:$284,161Median:$298,000Range:$174,500 – $399,950PSF:$651 / $646Sq Ft:447 / 449DOM:85 / 67New:0Total:9
1 Beds
Avg:$398,644Median:$395,000Range:$120,000 – $850,000PSF:$586 / $569Sq Ft:696 / 687DOM:71 / 58New:7Total:62
2 Beds
Avg:$705,360Median:$679,000Range:$79,500 – $1,595,000PSF:$596 / $592Sq Ft:1,208 / 1,194DOM:75 / 51New:6Total:63
3 Beds
Avg:$1,504,060Median:$1,298,000Range:$498,000 – $3,995,000PSF:$685 / $654Sq Ft:2,192 / 1,948DOM:48 / 38New:2Total:36
4 Beds
Avg:$1,940,324Median:$1,695,000Range:$1,295,000 – $3,195,000PSF:$727 / $673Sq Ft:2,756 / 2,768DOM:30 / 19New:6Total:21
5 Beds
Avg:$3,385,556Median:$3,750,000Range:$1,349,000 – $5,308,000PSF:$772 / $808Sq Ft:4,330 / 4,640DOM:21 / 17New:3Total:9
6 Beds
Avg:$1,595,000Median:$1,595,000Range:$1,595,000 – $1,595,000PSF:$546 / $546Sq Ft:2,920 / 2,920DOM:148 / 148New:0Total:1
8 Beds
Avg:$2,008,000Median:$1,825,000Range:$1,749,000 – $2,450,000PSF:$324 / $323Sq Ft:7,539 / 5,656DOM:84 / 39New:0Total:3

Rental Market Overview

Median Rent
$2,025
+1.3%
Median DOM
34
−2.9%
New Listings
48
Inventory
318
−1.2%
  • Average Rent: $2,270
  • Median Rent: $2,025
  • Rent Range: $950 – $8,755
  • Rent per Sq Ft (Avg/Median): $3 / $3
  • Square Footage (Avg/Median): 700 / 600
  • Square Footage Range: 257 – 2,600
  • Days on Market (Avg/Median): 69 / 34
  • Days on Market Range: 1 – 357
  • New Listings: 48
  • Total Listings: 318

Rentals by Property Type

Apartment
$1,933
Median DOM: 55
Inventory: 257
MoM: +1.3%
Condo
$2,600
Median DOM: 1
Inventory: 34
MoM: +1.3%
Single Family
$2,995
Median DOM: 1
Inventory: 15
MoM: +1.3%
Townhouse
$4,495
Median DOM: 1
Inventory: 11
MoM: +1.3%
Apartment
Avg/Median Rent$2,032 / $1,933Range$950 – $6,169Rent per Sq Ft$3 / $3Sq Ft614 / 552DOM86 / 55New23Total257
Condo
Avg/Median Rent$2,907 / $2,600Range$1,675 – $8,755Rent per Sq Ft$3 / $3Sq Ft1,007 / 846DOM13 / 1New14Total34
Multi-Family
Avg/Median Rent$3,200 / $3,200Range$3,200 – $3,200Rent per Sq Ft$3 / $3Sq Ft1,125 / 1,125DOM33 / 33New0Total1
Single Family
Avg/Median Rent$3,019 / $2,995Range$1,150 – $5,000Rent per Sq Ft$3 / $3Sq Ft1,067 / 916DOM8 / 1New10Total15
Townhouse
Avg/Median Rent$4,750 / $4,495Range$2,500 – $7,243Rent per Sq Ft$3 / $3Sq Ft1,382 / 1,040DOM86 / 1New1Total11

Rentals by Bedroom Count

Studio
Avg:$1,618Median:$1,615Range:$950 – $2,483PSF:$4 / $4Sq Ft:451 / 463DOM:90 / 62New:11Total:100
1 Beds
Avg:$2,112Median:$2,095Range:$1,198 – $3,800PSF:$3 / $3Sq Ft:645 / 625DOM:68 / 34New:18Total:143
2 Beds
Avg:$2,998Median:$2,800Range:$1,900 – $6,169PSF:$3 / $3Sq Ft:1,032 / 958DOM:47 / 24New:15Total:60
3 Beds
Avg:$5,266Median:$4,795Range:$2,995 – $8,755PSF:$3 / $3Sq Ft:1,675 / 1,623DOM:82 / 1New:3Total:13
4 Beds
Avg:$4,550Median:$4,550Range:$4,550 – $4,550PSF:$2 / $2Sq Ft:2,490 / 2,490DOM:1 / 1New:1Total:1
5 Beds
Avg:$4,995Median:$4,995Range:$4,995 – $4,995PSF:$2 / $2Sq Ft:2,283 / 2,283DOM:1 / 1New:0Total:1

6-Month Sales Trend

Feb 2026
Median Price:$680,000Median DOM:36New:38Total:137
Mar 2026
Median Price:$649,000Median DOM:35New:47Total:145
Apr 2026
Median Price:$675,000Median DOM:35New:55Total:172
May 2026
Median Price:$675,000Median DOM:39New:61Total:195
Jun 2026
Median Price:$679,000Median DOM:43New:48Total:212
Jul 2026
Median Price:$675,000Median DOM:45New:24Total:206

6-Month Rental Trend

Feb 2026
Median Rent:$1,908Median DOM:35New:56Total:335
Mar 2026
Median Rent:$1,882Median DOM:50New:64Total:308
Apr 2026
Median Rent:$1,895Median DOM:37New:69Total:332
May 2026
Median Rent:$1,995Median DOM:34New:71Total:340
Jun 2026
Median Rent:$2,000Median DOM:35New:74Total:322
Jul 2026
Median Rent:$2,025Median DOM:34New:48Total:318

Key Market Takeaways

Median sale prices softened this month while inventory compressed. Days on market lengthened, signaling slower buyer activity. Rental pricing increased, 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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