ZIP 98115 Housing Market Report

Northwest Seattle

Report period: July 2026

98115 Monthly Market Update – July 2026

ZIP 98115 · Last updated Jul 12, 2026 · Data range Feb 2026 – Jul 2026

Executive Snapshot

Median Sale Price
$925,000
−0.5%
Median DOM (Sales)
24
+20.0%
New Listings (Sales)
31
−70.2%
Median Rent
$2,200
+0.2%
Median DOM (Rental)
1
−75.0%
Total Rental Listings
222
+9.4%

Month-over-Month Movement

Median sale prices eased compared to last month. Days on market lengthened. Rents moved higher. Rental inventory expanded.

What's Moving Fastest

  • Fastest selling: Single Family (17 DOM)
  • Fastest renting: Condo (1 DOM)
  • Strongest bedroom: 7 Beds ($1,698,000 median)

Sales Market Overview

Median Price
$925,000
−0.5%
Median DOM
24
+20.0%
New Listings
31
−70.2%
Inventory
302
−1.0%
  • Average Price: $1,110,131
  • Median Price: $925,000
  • Price Range: $249,000 – $4,200,000
  • Price per Sq Ft (Avg/Median): $583 / $576
  • Square Footage (Avg/Median): 1,953 / 1,680
  • Square Footage Range: 517 – 9,000
  • Days on Market (Avg/Median): 39 / 24
  • Days on Market Range: 1 – 318
  • New Listings: 31
  • Total Listings: 302

Sales by Property Type

Condo
Avg/Median Price$528,667 / $449,500Range$249,000 – $1,234,950Price per Sq Ft$518 / $483Sq Ft1,029 / 955DOM41 / 32New6Total60
Land
Avg/Median Price$729,500 / $699,000Range$399,000 – $995,000Price per Sq FtSq FtDOM88 / 37New0Total4
Multi-Family
Avg/Median Price$1,462,656 / $1,299,000Range$870,000 – $2,600,000Price per Sq Ft$435 / $448Sq Ft3,357 / 3,570DOM111 / 68New0Total9
Single Family
Avg/Median Price$1,379,158 / $1,099,000Range$570,000 – $4,200,000Price per Sq Ft$603 / $582Sq Ft2,367 / 2,190DOM30 / 17New18Total174
Townhouse
Avg/Median Price$863,348 / $819,000Range$525,000 – $1,749,950Price per Sq Ft$614 / $617Sq Ft1,418 / 1,403DOM53 / 37New7Total55

Sales by Bedroom Count

1 Beds
Avg:$399,944Median:$360,000Range:$249,000 – $849,950PSF:$547 / $512Sq Ft:728 / 699DOM:42 / 19New:4Total:25
2 Beds
Avg:$716,745Median:$759,950Range:$275,000 – $1,200,000PSF:$613 / $619Sq Ft:1,200 / 1,125DOM:44 / 32New:10Total:85
3 Beds
Avg:$1,003,054Median:$930,000Range:$570,000 – $3,385,000PSF:$581 / $582Sq Ft:1,784 / 1,687DOM:33 / 24New:9Total:85
4 Beds
Avg:$1,581,119Median:$1,399,950Range:$775,000 – $3,998,000PSF:$576 / $556Sq Ft:2,760 / 2,540DOM:26 / 13New:6Total:55
5 Beds
Avg:$1,841,512Median:$1,599,950Range:$897,750 – $3,750,000PSF:$574 / $569Sq Ft:3,154 / 3,000DOM:47 / 29New:2Total:38
6 Beds
Avg:$2,054,800Median:$1,695,000Range:$1,250,000 – $4,200,000PSF:$545 / $510Sq Ft:3,704 / 3,570DOM:52 / 44New:0Total:5
7 Beds
Avg:$2,391,500Median:$1,698,000Range:$1,698,000 – $3,085,000PSF:$524 / $375Sq Ft:4,555 / 4,530DOM:27 / 6New:0Total:2
8 Beds
Avg:$1,388,000Median:$1,299,000Range:$870,000 – $1,995,000PSF:$392 / $448Sq Ft:3,594 / 3,912DOM:144 / 68New:0Total:3

Rental Market Overview

Median Rent
$2,200
+0.2%
Median DOM
1
−75.0%
New Listings
61
Inventory
222
+9.4%
  • Average Rent: $2,732
  • Median Rent: $2,200
  • Rent Range: $625 – $9,975
  • Rent per Sq Ft (Avg/Median): $3 / $3
  • Square Footage (Avg/Median): 1,032 / 831
  • Square Footage Range: 265 – 4,400
  • Days on Market (Avg/Median): 49 / 1
  • Days on Market Range: 1 – 352
  • New Listings: 61
  • Total Listings: 222

Rentals by Property Type

Apartment
$1,701
Median DOM: 41
Inventory: 104
MoM: +0.2%
Condo
$2,200
Median DOM: 1
Inventory: 19
MoM: +0.2%
Single Family
$3,595
Median DOM: 1
Inventory: 78
MoM: +0.2%
Townhouse
$3,695
Median DOM: 1
Inventory: 18
MoM: +0.2%
Apartment
Avg/Median Rent$1,861 / $1,701Range$625 – $6,221Rent per Sq Ft$3 / $3Sq Ft602 / 577DOM91 / 41New17Total104
Condo
Avg/Median Rent$2,473 / $2,200Range$1,650 – $4,000Rent per Sq Ft$3 / $3Sq Ft889 / 831DOM10 / 1New4Total19
Multi-Family
Avg/Median Rent$3,559 / $2,500Range$2,200 – $5,977Rent per Sq Ft$3 / $2Sq Ft915 / 800DOM94 / 16New0Total3
Single Family
Avg/Median Rent$3,680 / $3,595Range$1,075 – $9,975Rent per Sq Ft$3 / $3Sq Ft1,510 / 1,332DOM20 / 1New36Total78
Townhouse
Avg/Median Rent$3,794 / $3,695Range$2,350 – $5,334Rent per Sq Ft$3 / $3Sq Ft1,394 / 1,370DOM37 / 1New4Total18

Rentals by Bedroom Count

Studio
Avg:$1,528Median:$1,395Range:$945 – $4,250PSF:$4 / $4Sq Ft:478 / 402DOM:69 / 41New:8Total:42
1 Beds
Avg:$1,875Median:$1,775Range:$625 – $5,316PSF:$3 / $3Sq Ft:647 / 641DOM:82 / 18New:14Total:69
2 Beds
Avg:$2,888Median:$2,695Range:$1,800 – $5,334PSF:$3 / $3Sq Ft:1,046 / 970DOM:24 / 1New:13Total:57
3 Beds
Avg:$4,037Median:$3,799Range:$1,850 – $7,805PSF:$3 / $3Sq Ft:1,499 / 1,454DOM:30 / 1New:17Total:36
4 Beds
Avg:$5,591Median:$4,800Range:$3,500 – $9,975PSF:$2 / $2Sq Ft:2,589 / 2,400DOM:10 / 1New:6Total:13
5 Beds
Avg:$5,498Median:$4,995Range:$4,995 – $6,000PSF:$2 / $2Sq Ft:2,390 / 2,270DOM:1 / 1New:2Total:2
6 Beds
Avg:$6,164Median:$5,977Range:$5,977 – $6,350PSF:$2 / $2Sq Ft:3,510 / 3,510DOM:128 / 1New:1Total:2
8 Beds
Avg:$6,995Median:$6,995Range:$6,995 – $6,995PSF:$3 / $3Sq Ft:2,470 / 2,470DOM:1 / 1New:0Total:1

6-Month Sales Trend

Feb 2026
Median Price:$965,950Median DOM:19New:62Total:177
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:$925,000Median DOM:24New:31Total:302

6-Month Rental Trend

Feb 2026
Median Rent:$1,995Median DOM:15New:63Total:206
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:61Total:222

Key Market Takeaways

Median sale prices softened this month while inventory compressed. 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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