ZIP 98109 Housing Market Report

Northwest Seattle

Report period: August 2026

98109 Monthly Market Update – August 2026

ZIP 98109 · Last updated Aug 11, 2026 · Data range Mar 2026 – Aug 2026

Executive Snapshot

Median Sale Price
$614,900
−8.9%
Median DOM (Sales)
49
0.0%
New Listings (Sales)
14
−71.4%
Median Rent
$2,090
+1.0%
Median DOM (Rental)
24
0.0%
Total Rental Listings
358
+2.9%

Month-over-Month Movement

Median sale prices eased compared to last month. Rents moved higher. Rental inventory expanded.

What's Moving Fastest

  • Fastest selling: Townhouse (28 DOM)
  • Fastest renting: Condo (1 DOM)
  • Strongest bedroom: 5 Beds ($3,750,000 median)

Sales Market Overview

Median Price
$614,900
−8.9%
Median DOM
49
0.0%
New Listings
14
−71.4%
Inventory
212
+2.4%
  • Average Price: $974,585
  • Median Price: $614,900
  • Price Range: $50,000 – $5,350,000
  • Price per Sq Ft (Avg/Median): $620 / $596
  • Square Footage (Avg/Median): 1,535 / 1,116
  • Square Footage Range: 300 – 13,200
  • Days on Market (Avg/Median): 69 / 49
  • Days on Market Range: 2 – 361
  • New Listings: 14
  • Total Listings: 212

Sales by Property Type

Condo
Avg/Median Price$521,131 / $450,000Range$50,000 – $2,495,000Price per Sq Ft$559 / $558Sq Ft937 / 832DOM78 / 61New11Total126
Land
Avg/Median Price$1,950,000 / $900,000Range$900,000 – $3,000,000Price per Sq FtSq FtDOM134 / 110New0Total2
Multi-Family
Avg/Median Price$1,703,000 / $1,595,000Range$1,100,000 – $2,450,000Price per Sq Ft$466 / $465Sq Ft4,936 / 2,920DOM92 / 56New0Total6
Single Family
Avg/Median Price$1,795,769 / $1,525,000Range$120,000 – $5,350,000Price per Sq Ft$741 / $727Sq Ft2,450 / 2,547DOM53 / 33New1Total57
Townhouse
Avg/Median Price$1,165,360 / $999,950Range$694,000 – $1,995,000Price per Sq Ft$705 / $690Sq Ft1,647 / 1,611DOM47 / 28New2Total21

Sales by Bedroom Count

Studio
Avg:$238,425Median:$239,000Range:$50,000 – $328,000PSF:$593 / $634Sq Ft:456 / 449DOM:106 / 81New:1Total:8
1 Beds
Avg:$400,692Median:$394,000Range:$120,000 – $799,950PSF:$580 / $569Sq Ft:706 / 688DOM:76 / 60New:6Total:69
2 Beds
Avg:$688,996Median:$635,000Range:$275,000 – $1,525,000PSF:$593 / $570Sq Ft:1,183 / 1,150DOM:69 / 47New:5Total:67
3 Beds
Avg:$1,356,567Median:$1,250,000Range:$498,000 – $2,545,000PSF:$671 / $654Sq Ft:2,002 / 1,860DOM:61 / 55New:1Total:32
4 Beds
Avg:$1,987,100Median:$2,100,000Range:$700,000 – $3,195,000PSF:$746 / $701Sq Ft:2,733 / 2,640DOM:46 / 33New:0Total:19
5 Beds
Avg:$3,473,636Median:$3,750,000Range:$1,349,000 – $5,350,000PSF:$783 / $809Sq Ft:4,384 / 4,640DOM:32 / 21New:1Total:11
6 Beds
Avg:$1,595,000Median:$1,595,000Range:$1,595,000 – $1,595,000PSF:$546 / $546Sq Ft:2,920 / 2,920DOM:178 / 178New:0Total:1
8 Beds
Avg:$2,008,000Median:$1,825,000Range:$1,749,000 – $2,450,000PSF:$324 / $323Sq Ft:7,539 / 5,656DOM:100 / 56New:0Total:3

Rental Market Overview

Median Rent
$2,090
+1.0%
Median DOM
24
0.0%
New Listings
52
Inventory
358
+2.9%
  • Average Rent: $2,287
  • Median Rent: $2,090
  • Rent Range: $950 – $7,995
  • Rent per Sq Ft (Avg/Median): $3 / $3
  • Square Footage (Avg/Median): 700 / 610
  • Square Footage Range: 257 – 3,060
  • Days on Market (Avg/Median): 63 / 24
  • Days on Market Range: 1 – 362
  • New Listings: 52
  • Total Listings: 358

Rentals by Property Type

Apartment
$1,951
Median DOM: 46
Inventory: 275
MoM: +1.0%
Condo
$2,550
Median DOM: 1
Inventory: 52
MoM: +1.0%
Single Family
$2,850
Median DOM: 1
Inventory: 20
MoM: +1.0%
Townhouse
$4,995
Median DOM: 8
Inventory: 10
MoM: +1.0%
Apartment
Avg/Median Rent$2,037 / $1,951Range$950 – $6,931Rent per Sq Ft$3 / $3Sq Ft609 / 562DOM80 / 46New24Total275
Condo
Avg/Median Rent$2,646 / $2,550Range$1,250 – $4,050Rent per Sq Ft$3 / $3Sq Ft876 / 781DOM12 / 1New18Total52
Multi-Family
Avg/Median Rent$3,200 / $3,200Range$3,200 – $3,200Rent per Sq Ft$3 / $3Sq Ft1,125 / 1,125DOM34 / 34New0Total1
Single Family
Avg/Median Rent$3,434 / $2,850Range$1,150 – $7,995Rent per Sq Ft$3 / $3Sq Ft1,241 / 833DOM26 / 1New8Total20
Townhouse
Avg/Median Rent$4,906 / $4,995Range$1,225 – $7,243Rent per Sq Ft$3 / $3Sq Ft1,401 / 1,040DOM95 / 8New2Total10

Rentals by Bedroom Count

Studio
Avg:$1,629Median:$1,625Range:$950 – $2,460PSF:$4 / $4Sq Ft:442 / 457DOM:72 / 26New:10Total:107
1 Beds
Avg:$2,113Median:$2,095Range:$1,295 – $3,495PSF:$3 / $3Sq Ft:649 / 637DOM:65 / 30New:16Total:160
2 Beds
Avg:$2,909Median:$2,695Range:$1,225 – $6,931PSF:$3 / $3Sq Ft:980 / 909DOM:43 / 1New:21Total:72
3 Beds
Avg:$5,120Median:$4,995Range:$3,100 – $7,995PSF:$3 / $3Sq Ft:1,646 / 1,529DOM:76 / 1New:4Total:16
4 Beds
Avg:$5,025Median:$4,550Range:$4,550 – $5,500PSF:$2 / $2Sq Ft:2,490 / 2,490DOM:179 / 1New:0Total:2
5 Beds
Avg:$4,995Median:$4,995Range:$4,995 – $4,995PSF:$2 / $2Sq Ft:2,283 / 2,283DOM:1 / 1New:1Total:1

6-Month Sales Trend

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:49New:49Total:207
Aug 2026
Median Price:$614,900Median DOM:49New:14Total:212

6-Month Rental Trend

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:$2,070Median DOM:24New:98Total:348
Aug 2026
Median Rent:$2,090Median DOM:24New:52Total:358

Key Market Takeaways

Median sale prices softened this month while inventory expanded. Days on market were unchanged, signaling steady 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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