ZIP 98115 Housing Market Report
Northwest Seattle
Report period: March 2026
98115 Monthly Market Update – March 2026
ZIP 98115 · Last updated Mar 12, 2026 · Data range Oct 2025 – Mar 2026
Executive Snapshot
Median Sale Price
$975,000
+0.9%
Median DOM (Sales)
19
0.0%
New Listings (Sales)
17
−72.6%
Median Rent
$1,995
0.0%
Median DOM (Rental)
15
0.0%
Total Rental Listings
209
+1.5%
Month-over-Month Movement
Median sale prices moved higher. Rents were stable. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Single Family (7 DOM)
- Fastest renting: Single Family (1 DOM)
- Strongest bedroom: 8 Beds ($2,050,000 median)
Sales Market Overview
Median Price
$975,000
+0.9%
Median DOM
19
0.0%
New Listings
17
−72.6%
Inventory
186
+5.1%
- Average Price: $1,237,952
- Median Price: $975,000
- Price Range: $220,000 – $4,940,000
- Price per Sq Ft (Avg/Median): $597 / $607
- Square Footage (Avg/Median): 2,061 / 1,780
- Square Footage Range: 518 – 9,000
- Days on Market (Avg/Median): 49 / 19
- Days on Market Range: 1 – 302
- New Listings: 17
- Total Listings: 186
Sales by Property Type
Condo
Avg/Median Price$591,488 / $430,000Range$220,000 – $2,695,000Price per Sq Ft$518 / $454Sq Ft1,119 / 857DOM81 / 48New3Total40
Land
Avg/Median Price$763,000 / $790,000Range$399,000 – $1,100,000Price per Sq Ft—Sq Ft—DOM78 / 16New0Total3
Multi-Family
Avg/Median Price$1,518,750 / $1,250,000Range$900,000 – $2,050,000Price per Sq Ft$449 / $421Sq Ft3,340 / 3,570DOM108 / 10New2Total4
Single Family
Avg/Median Price$1,625,940 / $1,395,000Range$689,950 – $4,940,000Price per Sq Ft$616 / $610Sq Ft2,631 / 2,480DOM27 / 7New10Total100
Townhouse
Avg/Median Price$913,888 / $899,950Range$689,950 – $1,268,950Price per Sq Ft$644 / $657Sq Ft1,434 / 1,411DOM68 / 56New2Total39
Sales by Bedroom Count
1 Beds
Avg:$371,300Median:$310,000Range:$220,000 – $739,000PSF:$534 / $448Sq Ft:696 / 680DOM:94 / 49New:1Total:20
2 Beds
Avg:$757,992Median:$775,000Range:$375,000 – $1,228,000PSF:$606 / $637Sq Ft:1,280 / 1,293DOM:57 / 36New:4Total:44
3 Beds
Avg:$1,025,170Median:$945,000Range:$757,950 – $1,998,000PSF:$578 / $562Sq Ft:1,808 / 1,707DOM:51 / 26New:1Total:47
4 Beds
Avg:$1,740,125Median:$1,599,000Range:$799,900 – $3,489,980PSF:$610 / $605Sq Ft:2,861 / 2,640DOM:26 / 6New:4Total:41
5 Beds
Avg:$2,052,475Median:$1,900,000Range:$900,000 – $3,295,000PSF:$640 / $641Sq Ft:3,172 / 3,230DOM:34 / 9New:4Total:24
6 Beds
Avg:$2,725,833Median:$1,875,000Range:$1,250,000 – $4,940,000PSF:$642 / $528Sq Ft:4,098 / 3,570DOM:11 / 7New:3Total:6
8 Beds
Avg:$2,050,000Median:$2,050,000Range:$2,050,000 – $2,050,000PSF:$524 / $524Sq Ft:3,912 / 3,912DOM:239 / 239New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $371,300 | $310,000 | $220,000 – $739,000 | $534 / $448 | 696 / 680 | 94 / 49 | 1 | 20 |
| 2 Beds | $757,992 | $775,000 | $375,000 – $1,228,000 | $606 / $637 | 1,280 / 1,293 | 57 / 36 | 4 | 44 |
| 3 Beds | $1,025,170 | $945,000 | $757,950 – $1,998,000 | $578 / $562 | 1,808 / 1,707 | 51 / 26 | 1 | 47 |
| 4 Beds | $1,740,125 | $1,599,000 | $799,900 – $3,489,980 | $610 / $605 | 2,861 / 2,640 | 26 / 6 | 4 | 41 |
| 5 Beds | $2,052,475 | $1,900,000 | $900,000 – $3,295,000 | $640 / $641 | 3,172 / 3,230 | 34 / 9 | 4 | 24 |
| 6 Beds | $2,725,833 | $1,875,000 | $1,250,000 – $4,940,000 | $642 / $528 | 4,098 / 3,570 | 11 / 7 | 3 | 6 |
| 8 Beds | $2,050,000 | $2,050,000 | $2,050,000 – $2,050,000 | $524 / $524 | 3,912 / 3,912 | 239 / 239 | 0 | 1 |
Rental Market Overview
Median Rent
$1,995
0.0%
Median DOM
15
0.0%
New Listings
41
Inventory
209
+1.5%
- Average Rent: $2,391
- Median Rent: $1,995
- Rent Range: $625 – $6,400
- Rent per Sq Ft (Avg/Median): $3 / $3
- Square Footage (Avg/Median): 945 / 730
- Square Footage Range: 250 – 3,100
- Days on Market (Avg/Median): 65 / 15
- Days on Market Range: 1 – 362
- New Listings: 41
- Total Listings: 209
Rentals by Property Type
Apartment
$1,699
Median DOM: 28
Inventory: 128
MoM: 0.0%
Condo
$2,595
Median DOM: 12
Inventory: 12
MoM: 0.0%
Single Family
$3,300
Median DOM: 1
Inventory: 53
MoM: 0.0%
Townhouse
$3,400
Median DOM: 35
Inventory: 11
MoM: 0.0%
Apartment
Avg/Median Rent$1,794 / $1,699Range$675 – $6,000Rent per Sq Ft$3 / $3Sq Ft649 / 591DOM88 / 28New14Total128
Condo
Avg/Median Rent$2,850 / $2,595Range$2,025 – $4,000Rent per Sq Ft$3 / $3Sq Ft1,027 / 983DOM15 / 12New1Total12
Multi-Family
Avg/Median Rent$3,012 / $2,495Range$1,900 – $5,977Rent per Sq Ft$2 / $2Sq Ft1,129 / 900DOM101 / 132New0Total5
Single Family
Avg/Median Rent$3,412 / $3,300Range$625 – $6,400Rent per Sq Ft$3 / $2Sq Ft1,516 / 1,250DOM31 / 1New23Total53
Townhouse
Avg/Median Rent$3,644 / $3,400Range$2,026 – $5,705Rent per Sq Ft$3 / $2Sq Ft1,312 / 1,200DOM65 / 35New3Total11
Rentals by Bedroom Count
Studio
Avg:$1,466Median:$1,350Range:$782 – $4,250PSF:$4 / $4Sq Ft:455 / 401DOM:84 / 35New:7Total:48
1 Beds
Avg:$1,792Median:$1,700Range:$625 – $5,705PSF:$3 / $3Sq Ft:631 / 630DOM:84 / 28New:9Total:63
2 Beds
Avg:$2,617Median:$2,495Range:$1,725 – $4,752PSF:$3 / $3Sq Ft:993 / 950DOM:62 / 11New:14Total:63
3 Beds
Avg:$4,127Median:$3,795Range:$1,695 – $6,000PSF:$2 / $2Sq Ft:1,821 / 1,860DOM:36 / 3New:6Total:24
4 Beds
Avg:$4,291Median:$3,700Range:$3,295 – $6,100PSF:$2 / $2Sq Ft:2,064 / 2,119DOM:8 / 8New:2Total:7
5 Beds
Avg:$6,400Median:$6,400Range:$6,400 – $6,400PSF:$2 / $2Sq Ft:2,750 / 2,750DOM:1 / 1New:1Total:1
6 Beds
Avg:$5,138Median:$4,300Range:$4,300 – $5,977PSF:$2 / $2Sq Ft:2,200 / 2,200DOM:67 / 1New:1Total:2
8 Beds
Avg:$5,950Median:$5,950Range:$5,950 – $5,950PSF:$2 / $2Sq Ft:2,420 / 2,420DOM:1 / 1New:1Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,466 | $1,350 | $782 – $4,250 | $4 / $4 | 455 / 401 | 84 / 35 | 7 | 48 |
| 1 Beds | $1,792 | $1,700 | $625 – $5,705 | $3 / $3 | 631 / 630 | 84 / 28 | 9 | 63 |
| 2 Beds | $2,617 | $2,495 | $1,725 – $4,752 | $3 / $3 | 993 / 950 | 62 / 11 | 14 | 63 |
| 3 Beds | $4,127 | $3,795 | $1,695 – $6,000 | $2 / $2 | 1,821 / 1,860 | 36 / 3 | 6 | 24 |
| 4 Beds | $4,291 | $3,700 | $3,295 – $6,100 | $2 / $2 | 2,064 / 2,119 | 8 / 8 | 2 | 7 |
| 5 Beds | $6,400 | $6,400 | $6,400 – $6,400 | $2 / $2 | 2,750 / 2,750 | 1 / 1 | 1 | 1 |
| 6 Beds | $5,138 | $4,300 | $4,300 – $5,977 | $2 / $2 | 2,200 / 2,200 | 67 / 1 | 1 | 2 |
| 8 Beds | $5,950 | $5,950 | $5,950 – $5,950 | $2 / $2 | 2,420 / 2,420 | 1 / 1 | 1 | 1 |
6-Month Sales Trend
Oct 2025
Median Price:$970,000Median DOM:28New:78Total:251
Nov 2025
Median Price:$974,950Median DOM:37New:39Total:236
Dec 2025
Median Price:$900,000Median DOM:60New:10Total:165
Jan 2026
Median Price:$964,950Median DOM:53New:55Total:159
Feb 2026
Median Price:$965,950Median DOM:19New:62Total:177
Mar 2026
Median Price:$975,000Median DOM:19New:17Total:186
6-Month Rental Trend
Oct 2025
Median Rent:$2,100Median DOM:12New:99Total:245
Nov 2025
Median Rent:$1,995Median DOM:8New:79Total:243
Dec 2025
Median Rent:$1,954Median DOM:26New:68Total:202
Jan 2026
Median Rent:$1,995Median DOM:15New:64Total:202
Feb 2026
Median Rent:$1,995Median DOM:15New:63Total:206
Mar 2026
Median Rent:$1,995Median DOM:15New:41Total:209
Key Market Takeaways
Median sale prices moved higher this month while inventory expanded. Days on market were unchanged, signaling steady 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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