ZIP 98115 Housing Market Report
Northwest Seattle
Report period: August 2026
98115 Monthly Market Update – August 2026
ZIP 98115 · Last updated Aug 11, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$879,950
−1.7%
Median DOM (Sales)
33
+13.8%
New Listings (Sales)
20
−78.3%
Median Rent
$2,195
−0.2%
Median DOM (Rental)
1
0.0%
Total Rental Listings
237
−1.3%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market lengthened. Rents softened. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Single Family (23 DOM)
- Fastest renting: Condo (1 DOM)
- Strongest bedroom: 7 Beds ($3,085,000 median)
Sales Market Overview
Median Price
$879,950
−1.7%
Median DOM
33
+13.8%
New Listings
20
−78.3%
Inventory
283
−6.6%
- Average Price: $1,060,576
- Median Price: $879,950
- Price Range: $249,000 – $6,650,000
- Price per Sq Ft (Avg/Median): $573 / $563
- Square Footage (Avg/Median): 1,882 / 1,593
- Square Footage Range: 517 – 9,000
- Days on Market (Avg/Median): 47 / 33
- Days on Market Range: 2 – 334
- New Listings: 20
- Total Listings: 283
Sales by Property Type
Condo
Avg/Median Price$492,372 / $449,000Range$249,000 – $1,074,500Price per Sq Ft$509 / $458Sq Ft982 / 955DOM54 / 43New4Total60
Land
Avg/Median Price$995,000 / $995,000Range$995,000 – $995,000Price per Sq Ft—Sq Ft—DOM168 / 168New0Total1
Multi-Family
Avg/Median Price$1,348,390 / $1,250,000Range$870,000 – $2,300,000Price per Sq Ft$426 / $448Sq Ft3,195 / 2,990DOM79 / 34New3Total10
Single Family
Avg/Median Price$1,340,022 / $1,091,500Range$570,000 – $6,650,000Price per Sq Ft$594 / $575Sq Ft2,320 / 2,120DOM38 / 23New9Total155
Townhouse
Avg/Median Price$849,446 / $815,000Range$498,000 – $1,662,450Price per Sq Ft$608 / $600Sq Ft1,408 / 1,360DOM57 / 40New4Total57
Sales by Bedroom Count
1 Beds
Avg:$397,546Median:$349,800Range:$249,000 – $849,950PSF:$544 / $512Sq Ft:725 / 693DOM:56 / 47New:1Total:23
2 Beds
Avg:$689,343Median:$740,000Range:$275,000 – $1,650,000PSF:$591 / $603Sq Ft:1,191 / 1,112DOM:55 / 42New:6Total:84
3 Beds
Avg:$981,145Median:$910,000Range:$570,000 – $3,235,000PSF:$574 / $557Sq Ft:1,783 / 1,687DOM:40 / 24New:4Total:87
4 Beds
Avg:$1,570,919Median:$1,376,550Range:$750,000 – $3,998,000PSF:$578 / $563Sq Ft:2,748 / 2,432DOM:26 / 14New:7Total:48
5 Beds
Avg:$1,673,616Median:$1,495,000Range:$845,000 – $3,750,000PSF:$549 / $556Sq Ft:2,988 / 2,980DOM:58 / 28New:1Total:34
6 Beds
Avg:$3,059,667Median:$1,279,000Range:$1,250,000 – $6,650,000PSF:$604 / $666Sq Ft:4,620 / 3,570DOM:82 / 74New:1Total:3
7 Beds
Avg:$3,085,000Median:$3,085,000Range:$3,085,000 – $3,085,000PSF:$674 / $674Sq Ft:4,580 / 4,580DOM:77 / 77New:0Total:1
8 Beds
Avg:$1,084,500Median:$870,000Range:$870,000 – $1,299,000PSF:$334 / $219Sq Ft:3,435 / 2,900DOM:87 / 75New:0Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $397,546 | $349,800 | $249,000 – $849,950 | $544 / $512 | 725 / 693 | 56 / 47 | 1 | 23 |
| 2 Beds | $689,343 | $740,000 | $275,000 – $1,650,000 | $591 / $603 | 1,191 / 1,112 | 55 / 42 | 6 | 84 |
| 3 Beds | $981,145 | $910,000 | $570,000 – $3,235,000 | $574 / $557 | 1,783 / 1,687 | 40 / 24 | 4 | 87 |
| 4 Beds | $1,570,919 | $1,376,550 | $750,000 – $3,998,000 | $578 / $563 | 2,748 / 2,432 | 26 / 14 | 7 | 48 |
| 5 Beds | $1,673,616 | $1,495,000 | $845,000 – $3,750,000 | $549 / $556 | 2,988 / 2,980 | 58 / 28 | 1 | 34 |
| 6 Beds | $3,059,667 | $1,279,000 | $1,250,000 – $6,650,000 | $604 / $666 | 4,620 / 3,570 | 82 / 74 | 1 | 3 |
| 7 Beds | $3,085,000 | $3,085,000 | $3,085,000 – $3,085,000 | $674 / $674 | 4,580 / 4,580 | 77 / 77 | 0 | 1 |
| 8 Beds | $1,084,500 | $870,000 | $870,000 – $1,299,000 | $334 / $219 | 3,435 / 2,900 | 87 / 75 | 0 | 2 |
Rental Market Overview
Median Rent
$2,195
−0.2%
Median DOM
1
0.0%
New Listings
51
Inventory
237
−1.3%
- Average Rent: $2,748
- Median Rent: $2,195
- Rent Range: $845 – $9,975
- Rent per Sq Ft (Avg/Median): $3 / $3
- Square Footage (Avg/Median): 1,041 / 765
- Square Footage Range: 257 – 4,400
- Days on Market (Avg/Median): 48 / 1
- Days on Market Range: 1 – 360
- New Listings: 51
- Total Listings: 237
Rentals by Property Type
Apartment
$1,737
Median DOM: 15
Inventory: 117
MoM: −0.2%
Condo
$2,595
Median DOM: 1
Inventory: 13
MoM: −0.2%
Single Family
$3,699
Median DOM: 1
Inventory: 89
MoM: −0.2%
Townhouse
$3,695
Median DOM: 1
Inventory: 16
MoM: −0.2%
Apartment
Avg/Median Rent$1,842 / $1,737Range$845 – $6,221Rent per Sq Ft$3 / $3Sq Ft596 / 568DOM81 / 15New16Total117
Condo
Avg/Median Rent$2,565 / $2,595Range$1,875 – $3,995Rent per Sq Ft$3 / $3Sq Ft910 / 831DOM4 / 1New1Total13
Multi-Family
Avg/Median Rent$4,238 / $2,500Range$2,500 – $5,977Rent per Sq Ft$3 / $3Sq Ft800 / 800DOM150 / 16New0Total2
Single Family
Avg/Median Rent$3,726 / $3,699Range$1,075 – $9,975Rent per Sq Ft$3 / $3Sq Ft1,562 / 1,439DOM20 / 1New29Total89
Townhouse
Avg/Median Rent$3,888 / $3,695Range$2,350 – $5,334Rent per Sq Ft$3 / $3Sq Ft1,340 / 1,365DOM42 / 1New5Total16
Rentals by Bedroom Count
Studio
Avg:$1,510Median:$1,395Range:$945 – $4,250PSF:$4 / $4Sq Ft:457 / 400DOM:63 / 8New:9Total:46
1 Beds
Avg:$1,794Median:$1,750Range:$845 – $2,700PSF:$3 / $3Sq Ft:607 / 633DOM:81 / 13New:13Total:71
2 Beds
Avg:$2,914Median:$2,699Range:$1,800 – $5,334PSF:$3 / $3Sq Ft:1,026 / 940DOM:28 / 1New:12Total:59
3 Beds
Avg:$4,025Median:$3,795Range:$1,850 – $7,805PSF:$3 / $3Sq Ft:1,531 / 1,466DOM:31 / 1New:10Total:38
4 Beds
Avg:$5,678Median:$4,800Range:$3,640 – $9,975PSF:$2 / $2Sq Ft:2,585 / 2,400DOM:15 / 1New:3Total:13
5 Beds
Avg:$5,598Median:$5,800Range:$4,995 – $6,200PSF:$2 / $2Sq Ft:2,838 / 3,100DOM:1 / 1New:2Total:5
6 Beds
Avg:$5,160Median:$4,795Range:$3,895 – $5,977PSF:$2 / $2Sq Ft:2,860 / 3,140DOM:72 / 1New:2Total:4
8 Beds
Avg:$6,995Median:$6,995Range:$6,995 – $6,995PSF:$3 / $3Sq Ft:2,470 / 2,470DOM:1 / 1New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,510 | $1,395 | $945 – $4,250 | $4 / $4 | 457 / 400 | 63 / 8 | 9 | 46 |
| 1 Beds | $1,794 | $1,750 | $845 – $2,700 | $3 / $3 | 607 / 633 | 81 / 13 | 13 | 71 |
| 2 Beds | $2,914 | $2,699 | $1,800 – $5,334 | $3 / $3 | 1,026 / 940 | 28 / 1 | 12 | 59 |
| 3 Beds | $4,025 | $3,795 | $1,850 – $7,805 | $3 / $3 | 1,531 / 1,466 | 31 / 1 | 10 | 38 |
| 4 Beds | $5,678 | $4,800 | $3,640 – $9,975 | $2 / $2 | 2,585 / 2,400 | 15 / 1 | 3 | 13 |
| 5 Beds | $5,598 | $5,800 | $4,995 – $6,200 | $2 / $2 | 2,838 / 3,100 | 1 / 1 | 2 | 5 |
| 6 Beds | $5,160 | $4,795 | $3,895 – $5,977 | $2 / $2 | 2,860 / 3,140 | 72 / 1 | 2 | 4 |
| 8 Beds | $6,995 | $6,995 | $6,995 – $6,995 | $3 / $3 | 2,470 / 2,470 | 1 / 1 | 0 | 1 |
6-Month Sales Trend
Mar 2026
Median Price:$988,889Median DOM:18New:76Total:207
Apr 2026
Median Price:$988,889Median DOM:18New:99Total:248
May 2026
Median Price:$974,950Median DOM:16New:114Total:289
Jun 2026
Median Price:$930,000Median DOM:20New:104Total:305
Jul 2026
Median Price:$895,000Median DOM:29New:92Total:303
Aug 2026
Median Price:$879,950Median DOM:33New:20Total:283
6-Month Rental Trend
Mar 2026
Median Rent:$1,950Median DOM:16New:65Total:202
Apr 2026
Median Rent:$1,985Median DOM:10New:70Total:213
May 2026
Median Rent:$2,137Median DOM:6New:56Total:195
Jun 2026
Median Rent:$2,195Median DOM:4New:73Total:203
Jul 2026
Median Rent:$2,200Median DOM:1New:101Total:240
Aug 2026
Median Rent:$2,195Median DOM:1New:51Total:237
Key Market Takeaways
Median sale prices softened this month while inventory compressed. Days on market lengthened, signaling slower buyer activity. Rental pricing eased, 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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