ZIP 98109 Housing Market Report
Northwest Seattle
Report period: May 2026
98109 Monthly Market Update – May 2026
ZIP 98109 · Last updated May 12, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$679,000
+0.6%
Median DOM (Sales)
39
+11.4%
New Listings (Sales)
22
−60.0%
Median Rent
$1,945
+2.6%
Median DOM (Rental)
34
−8.1%
Total Rental Listings
333
+0.3%
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 (20 DOM)
- Fastest renting: Condo (1 DOM)
- Strongest bedroom: 5 Beds ($2,899,000 median)
Sales Market Overview
Median Price
$679,000
+0.6%
Median DOM
39
+11.4%
New Listings
22
−60.0%
Inventory
190
+10.5%
- Average Price: $1,051,276
- Median Price: $679,000
- Price Range: $79,500 – $6,900,000
- Price per Sq Ft (Avg/Median): $641 / $621
- Square Footage (Avg/Median): 1,559 / 1,150
- Square Footage Range: 268 – 13,200
- Days on Market (Avg/Median): 59 / 39
- Days on Market Range: 2 – 309
- New Listings: 22
- Total Listings: 190
Sales by Property Type
Condo
Avg/Median Price$556,150 / $469,000Range$174,500 – $2,640,000Price per Sq Ft$583 / $580Sq Ft950 / 846DOM61 / 39New13Total110
Land
Avg/Median Price$2,183,333 / $2,650,000Range$900,000 – $3,000,000Price per Sq Ft—Sq Ft—DOM84 / 88New0Total3
Multi-Family
Avg/Median Price$1,923,500 / $1,595,000Range$1,499,000 – $2,650,000Price per Sq Ft$432 / $345Sq Ft6,034 / 2,920DOM93 / 87New0Total4
Single Family
Avg/Median Price$1,948,370 / $1,785,000Range$79,500 – $6,900,000Price per Sq Ft$770 / $753Sq Ft2,454 / 2,424DOM53 / 20New9Total50
Townhouse
Avg/Median Price$1,169,717 / $1,149,950Range$699,000 – $1,710,000Price per Sq Ft$670 / $691Sq Ft1,752 / 1,611DOM55 / 39New0Total23
Sales by Bedroom Count
Studio
Avg:$276,064Median:$240,000Range:$174,500 – $399,950PSF:$659 / $646Sq Ft:432 / 440DOM:64 / 34New:2Total:7
1 Beds
Avg:$406,662Median:$415,000Range:$125,000 – $850,000PSF:$583 / $572Sq Ft:702 / 687DOM:69 / 46New:5Total:56
2 Beds
Avg:$688,871Median:$675,000Range:$79,500 – $1,595,000PSF:$583 / $582Sq Ft:1,196 / 1,144DOM:73 / 39New:7Total:59
3 Beds
Avg:$1,482,344Median:$1,250,000Range:$675,000 – $3,995,000PSF:$733 / $709Sq Ft:2,002 / 1,900DOM:35 / 26New:4Total:37
4 Beds
Avg:$2,382,753Median:$2,195,000Range:$947,000 – $6,900,000PSF:$795 / $750Sq Ft:2,969 / 2,760DOM:25 / 18New:3Total:17
5 Beds
Avg:$3,285,714Median:$2,899,000Range:$1,785,000 – $5,588,000PSF:$829 / $841Sq Ft:3,839 / 3,400DOM:50 / 22New:1Total:7
6 Beds
Avg:$2,445,000Median:$1,595,000Range:$1,595,000 – $3,295,000PSF:$572 / $546Sq Ft:4,218 / 2,920DOM:54 / 21New:0Total:2
8 Beds
Avg:$2,300,000Median:$1,950,000Range:$1,950,000 – $2,650,000PSF:$273 / $201Sq Ft:9,428 / 5,656DOM:137 / 127New:0Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $276,064 | $240,000 | $174,500 – $399,950 | $659 / $646 | 432 / 440 | 64 / 34 | 2 | 7 |
| 1 Beds | $406,662 | $415,000 | $125,000 – $850,000 | $583 / $572 | 702 / 687 | 69 / 46 | 5 | 56 |
| 2 Beds | $688,871 | $675,000 | $79,500 – $1,595,000 | $583 / $582 | 1,196 / 1,144 | 73 / 39 | 7 | 59 |
| 3 Beds | $1,482,344 | $1,250,000 | $675,000 – $3,995,000 | $733 / $709 | 2,002 / 1,900 | 35 / 26 | 4 | 37 |
| 4 Beds | $2,382,753 | $2,195,000 | $947,000 – $6,900,000 | $795 / $750 | 2,969 / 2,760 | 25 / 18 | 3 | 17 |
| 5 Beds | $3,285,714 | $2,899,000 | $1,785,000 – $5,588,000 | $829 / $841 | 3,839 / 3,400 | 50 / 22 | 1 | 7 |
| 6 Beds | $2,445,000 | $1,595,000 | $1,595,000 – $3,295,000 | $572 / $546 | 4,218 / 2,920 | 54 / 21 | 0 | 2 |
| 8 Beds | $2,300,000 | $1,950,000 | $1,950,000 – $2,650,000 | $273 / $201 | 9,428 / 5,656 | 137 / 127 | 0 | 2 |
Rental Market Overview
Median Rent
$1,945
+2.6%
Median DOM
34
−8.1%
New Listings
45
Inventory
333
+0.3%
- Average Rent: $2,267
- Median Rent: $1,945
- Rent Range: $975 – $9,599
- Rent per Sq Ft (Avg/Median): $3 / $3
- Square Footage (Avg/Median): 699 / 600
- Square Footage Range: 254 – 2,490
- Days on Market (Avg/Median): 78 / 34
- Days on Market Range: 1 – 359
- New Listings: 45
- Total Listings: 333
Rentals by Property Type
Apartment
$1,850
Median DOM: 49
Inventory: 283
MoM: +2.6%
Condo
$2,945
Median DOM: 1
Inventory: 27
MoM: +2.6%
Single Family
$3,350
Median DOM: 1
Inventory: 15
MoM: +2.6%
Townhouse
$4,995
Median DOM: 1
Inventory: 7
MoM: +2.6%
Apartment
Avg/Median Rent$2,064 / $1,850Range$975 – $8,950Rent per Sq Ft$3 / $3Sq Ft625 / 590DOM94 / 49New31Total283
Condo
Avg/Median Rent$3,073 / $2,945Range$1,550 – $8,755Rent per Sq Ft$3 / $3Sq Ft968 / 846DOM14 / 1New7Total27
Multi-Family
Avg/Median Rent$3,950 / $3,950Range$3,950 – $3,950Rent per Sq Ft$2 / $2Sq Ft2,400 / 2,400DOM90 / 90New0Total1
Single Family
Avg/Median Rent$3,049 / $3,350Range$1,325 – $4,650Rent per Sq Ft$3 / $3Sq Ft1,266 / 1,294DOM6 / 1New6Total15
Townhouse
Avg/Median Rent$5,460 / $4,995Range$2,400 – $9,599Rent per Sq Ft$3 / $3Sq Ft1,337 / 1,040DOM77 / 1New1Total7
Rentals by Bedroom Count
Studio
Avg:$1,622Median:$1,585Range:$975 – $2,970PSF:$4 / $4Sq Ft:445 / 435DOM:96 / 36New:12Total:103
1 Beds
Avg:$2,100Median:$1,975Range:$1,295 – $4,380PSF:$3 / $3Sq Ft:648 / 625DOM:88 / 48New:16Total:155
2 Beds
Avg:$3,034Median:$2,850Range:$1,595 – $8,950PSF:$3 / $3Sq Ft:1,002 / 975DOM:49 / 15New:13Total:58
3 Beds
Avg:$5,208Median:$4,400Range:$2,995 – $9,599PSF:$3 / $3Sq Ft:1,767 / 1,802DOM:46 / 12New:3Total:15
4 Beds
Avg:$3,350Median:$3,350Range:$3,350 – $3,350PSF:$1 / $1Sq Ft:2,490 / 2,490DOM:1 / 1New:0Total:1
5 Beds
Avg:$4,995Median:$4,995Range:$4,995 – $4,995PSF:$2 / $2Sq Ft:2,283 / 2,283DOM:1 / 1New:1Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,622 | $1,585 | $975 – $2,970 | $4 / $4 | 445 / 435 | 96 / 36 | 12 | 103 |
| 1 Beds | $2,100 | $1,975 | $1,295 – $4,380 | $3 / $3 | 648 / 625 | 88 / 48 | 16 | 155 |
| 2 Beds | $3,034 | $2,850 | $1,595 – $8,950 | $3 / $3 | 1,002 / 975 | 49 / 15 | 13 | 58 |
| 3 Beds | $5,208 | $4,400 | $2,995 – $9,599 | $3 / $3 | 1,767 / 1,802 | 46 / 12 | 3 | 15 |
| 4 Beds | $3,350 | $3,350 | $3,350 – $3,350 | $1 / $1 | 2,490 / 2,490 | 1 / 1 | 0 | 1 |
| 5 Beds | $4,995 | $4,995 | $4,995 – $4,995 | $2 / $2 | 2,283 / 2,283 | 1 / 1 | 1 | 1 |
6-Month Sales Trend
Dec 2025
Median Price:$626,000Median DOM:76New:14Total:130
Jan 2026
Median Price:$664,999Median DOM:65New:41Total:123
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:$679,000Median DOM:39New:22Total:190
6-Month Rental Trend
Dec 2025
Median Rent:$1,900Median DOM:49New:81Total:316
Jan 2026
Median Rent:$1,900Median DOM:35New:82Total:336
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:$1,945Median DOM:34New:45Total:333
Key Market Takeaways
Median sale prices moved higher this month while inventory expanded. 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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