ZIP 98112 Housing Market Report
Northwest Seattle
Report period: July 2026
98112 Monthly Market Update – July 2026
ZIP 98112 · Last updated Jul 12, 2026 · Data range Feb 2026 – Jul 2026
Executive Snapshot
Median Sale Price
$1,394,000
−6.8%
Median DOM (Sales)
30
+15.4%
New Listings (Sales)
19
−63.5%
Median Rent
$2,000
0.0%
Median DOM (Rental)
30
+20.0%
Total Rental Listings
116
+0.9%
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 (25 DOM)
- Fastest renting: Single Family (1 DOM)
- Strongest bedroom: 5 Beds ($3,850,000 median)
Sales Market Overview
Median Price
$1,394,000
−6.8%
Median DOM
30
+15.4%
New Listings
19
−63.5%
Inventory
163
0.0%
- Average Price: $2,007,995
- Median Price: $1,394,000
- Price Range: $195,000 – $8,895,000
- Price per Sq Ft (Avg/Median): $753 / $683
- Square Footage (Avg/Median): 2,548 / 2,180
- Square Footage Range: 273 – 8,034
- Days on Market (Avg/Median): 45 / 30
- Days on Market Range: 2 – 320
- New Listings: 19
- Total Listings: 163
Sales by Property Type
Condo
Avg/Median Price$829,820 / $549,950Range$199,000 – $5,995,000Price per Sq Ft$737 / $683Sq Ft1,013 / 954DOM63 / 37New5Total36
Land
Avg/Median Price$1,418,878 / $1,500,000Range$195,000 – $4,250,000Price per Sq Ft—Sq Ft—DOM117 / 82New1Total9
Multi-Family
Avg/Median Price$1,394,980 / $1,425,000Range$999,975 – $1,900,000Price per Sq Ft$407 / $385Sq Ft3,437 / 3,610DOM47 / 40New2Total5
Single Family
Avg/Median Price$2,862,854 / $2,150,000Range$779,950 – $8,895,000Price per Sq Ft$818 / $772Sq Ft3,377 / 2,990DOM36 / 25New9Total89
Townhouse
Avg/Median Price$953,787 / $869,000Range$675,000 – $1,489,000Price per Sq Ft$607 / $592Sq Ft1,594 / 1,540DOM35 / 26New2Total24
Sales by Bedroom Count
Studio
Avg:$439,590Median:$349,000Range:$199,000 – $1,000,000PSF:$828 / $860Sq Ft:571 / 364DOM:49 / 62New:1Total:5
1 Beds
Avg:$604,190Median:$493,000Range:$395,000 – $995,000PSF:$694 / $691Sq Ft:864 / 800DOM:68 / 36New:2Total:10
2 Beds
Avg:$785,289Median:$675,000Range:$449,000 – $2,195,000PSF:$663 / $633Sq Ft:1,164 / 1,090DOM:53 / 31New:5Total:33
3 Beds
Avg:$2,090,344Median:$1,394,000Range:$829,000 – $7,950,000PSF:$836 / $752Sq Ft:2,393 / 2,240DOM:35 / 26New:3Total:39
4 Beds
Avg:$2,492,135Median:$1,875,000Range:$799,000 – $8,895,000PSF:$726 / $667Sq Ft:3,264 / 2,726DOM:37 / 27New:3Total:42
5 Beds
Avg:$4,220,762Median:$3,850,000Range:$1,350,000 – $8,500,000PSF:$866 / $896Sq Ft:4,696 / 4,490DOM:37 / 21New:2Total:21
6 Beds
Avg:$999,975Median:$999,975Range:$999,975 – $999,975PSF:$385 / $385Sq Ft:2,600 / 2,600DOM:2 / 2New:2Total:2
8 Beds
Avg:$1,774,975Median:$1,649,950Range:$1,649,950 – $1,900,000PSF:$439 / $353Sq Ft:4,145 / 3,610DOM:67 / 40New:0Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $439,590 | $349,000 | $199,000 – $1,000,000 | $828 / $860 | 571 / 364 | 49 / 62 | 1 | 5 |
| 1 Beds | $604,190 | $493,000 | $395,000 – $995,000 | $694 / $691 | 864 / 800 | 68 / 36 | 2 | 10 |
| 2 Beds | $785,289 | $675,000 | $449,000 – $2,195,000 | $663 / $633 | 1,164 / 1,090 | 53 / 31 | 5 | 33 |
| 3 Beds | $2,090,344 | $1,394,000 | $829,000 – $7,950,000 | $836 / $752 | 2,393 / 2,240 | 35 / 26 | 3 | 39 |
| 4 Beds | $2,492,135 | $1,875,000 | $799,000 – $8,895,000 | $726 / $667 | 3,264 / 2,726 | 37 / 27 | 3 | 42 |
| 5 Beds | $4,220,762 | $3,850,000 | $1,350,000 – $8,500,000 | $866 / $896 | 4,696 / 4,490 | 37 / 21 | 2 | 21 |
| 6 Beds | $999,975 | $999,975 | $999,975 – $999,975 | $385 / $385 | 2,600 / 2,600 | 2 / 2 | 2 | 2 |
| 8 Beds | $1,774,975 | $1,649,950 | $1,649,950 – $1,900,000 | $439 / $353 | 4,145 / 3,610 | 67 / 40 | 0 | 2 |
Rental Market Overview
Median Rent
$2,000
0.0%
Median DOM
30
+20.0%
New Listings
20
Inventory
116
+0.9%
- Average Rent: $2,631
- Median Rent: $2,000
- Rent Range: $874 – $8,500
- Rent per Sq Ft (Avg/Median): $3 / $3
- Square Footage (Avg/Median): 885 / 660
- Square Footage Range: 250 – 5,010
- Days on Market (Avg/Median): 72 / 30
- Days on Market Range: 1 – 343
- New Listings: 20
- Total Listings: 116
Rentals by Property Type
Apartment
$1,795
Median DOM: 46
Inventory: 77
MoM: 0.0%
Condo
$2,600
Median DOM: 15
Inventory: 8
MoM: 0.0%
Single Family
$4,200
Median DOM: 1
Inventory: 21
MoM: 0.0%
Townhouse
$3,795
Median DOM: 11
Inventory: 8
MoM: 0.0%
Apartment
Avg/Median Rent$1,894 / $1,795Range$874 – $3,695Rent per Sq Ft$4 / $4Sq Ft573 / 521DOM98 / 46New11Total77
Condo
Avg/Median Rent$3,402 / $2,600Range$1,595 – $8,000Rent per Sq Ft$3 / $4Sq Ft1,015 / 694DOM17 / 15New2Total8
Multi-Family
Avg/Median Rent$2,375 / $2,000Range$2,000 – $2,750Rent per Sq Ft$3 / $3Sq Ft825 / 700DOM31 / 7New0Total2
Single Family
Avg/Median Rent$4,453 / $4,200Range$1,595 – $8,500Rent per Sq Ft$3 / $3Sq Ft1,825 / 1,870DOM23 / 1New6Total21
Townhouse
Avg/Median Rent$4,235 / $3,795Range$2,750 – $7,089Rent per Sq Ft$3 / $3Sq Ft1,369 / 1,430DOM61 / 11New1Total8
Rentals by Bedroom Count
Studio
Avg:$1,435Median:$1,399Range:$874 – $2,250PSF:$4 / $4Sq Ft:380 / 414DOM:124 / 132New:8Total:32
1 Beds
Avg:$1,971Median:$1,995Range:$1,350 – $2,725PSF:$3 / $3Sq Ft:604 / 600DOM:52 / 30New:7Total:41
2 Beds
Avg:$3,140Median:$2,995Range:$2,050 – $7,089PSF:$3 / $3Sq Ft:980 / 909DOM:92 / 33New:0Total:22
3 Beds
Avg:$5,149Median:$4,750Range:$2,295 – $8,500PSF:$3 / $3Sq Ft:1,925 / 1,870DOM:12 / 1New:4Total:17
4 Beds
Avg:$4,633Median:$4,200Range:$3,800 – $5,900PSF:$3 / $2Sq Ft:1,690 / 1,300DOM:34 / 1New:1Total:3
8 Beds
Avg:$7,950Median:$7,950Range:$7,950 – $7,950PSF:$2 / $2Sq Ft:5,010 / 5,010DOM:222 / 222New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,435 | $1,399 | $874 – $2,250 | $4 / $4 | 380 / 414 | 124 / 132 | 8 | 32 |
| 1 Beds | $1,971 | $1,995 | $1,350 – $2,725 | $3 / $3 | 604 / 600 | 52 / 30 | 7 | 41 |
| 2 Beds | $3,140 | $2,995 | $2,050 – $7,089 | $3 / $3 | 980 / 909 | 92 / 33 | 0 | 22 |
| 3 Beds | $5,149 | $4,750 | $2,295 – $8,500 | $3 / $3 | 1,925 / 1,870 | 12 / 1 | 4 | 17 |
| 4 Beds | $4,633 | $4,200 | $3,800 – $5,900 | $3 / $2 | 1,690 / 1,300 | 34 / 1 | 1 | 3 |
| 8 Beds | $7,950 | $7,950 | $7,950 – $7,950 | $2 / $2 | 5,010 / 5,010 | 222 / 222 | 0 | 1 |
6-Month Sales Trend
Feb 2026
Median Price:$1,195,000Median DOM:23New:41Total:113
Mar 2026
Median Price:$1,299,000Median DOM:26New:39Total:126
Apr 2026
Median Price:$1,395,000Median DOM:23New:55Total:137
May 2026
Median Price:$1,380,000Median DOM:24New:49Total:160
Jun 2026
Median Price:$1,495,000Median DOM:26New:52Total:163
Jul 2026
Median Price:$1,394,000Median DOM:30New:19Total:163
6-Month Rental Trend
Feb 2026
Median Rent:$1,850Median DOM:23New:21Total:128
Mar 2026
Median Rent:$2,195Median DOM:23New:27Total:112
Apr 2026
Median Rent:$2,195Median DOM:31New:19Total:105
May 2026
Median Rent:$1,995Median DOM:26New:28Total:105
Jun 2026
Median Rent:$2,000Median DOM:25New:35Total:115
Jul 2026
Median Rent:$2,000Median DOM:30New:20Total:116
Key Market Takeaways
Median sale prices softened this month while inventory remained stable. 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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