ZIP 98117 Housing Market Report
Northwest Seattle
Report period: March 2026
98117 Monthly Market Update – March 2026
ZIP 98117 · Last updated Mar 12, 2026 · Data range Oct 2025 – Mar 2026
Executive Snapshot
Median Sale Price
$849,950
+0.0%
Median DOM (Sales)
20
0.0%
New Listings (Sales)
18
−69.0%
Median Rent
$2,479
+3.5%
Median DOM (Rental)
2
−71.4%
Total Rental Listings
121
+9.0%
Month-over-Month Movement
Median sale prices moved higher. Rents moved higher. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Single Family (7 DOM)
- Fastest renting: Condo (1 DOM)
- Strongest bedroom: 5 Beds ($1,580,000 median)
Sales Market Overview
Median Price
$849,950
+0.0%
Median DOM
20
0.0%
New Listings
18
−69.0%
Inventory
191
+1.6%
- Average Price: $947,563
- Median Price: $849,950
- Price Range: $159,000 – $2,429,200
- Price per Sq Ft (Avg/Median): $578 / $555
- Square Footage (Avg/Median): 1,717 / 1,575
- Square Footage Range: 454 – 4,400
- Days on Market (Avg/Median): 45 / 20
- Days on Market Range: 2 – 329
- New Listings: 18
- Total Listings: 191
Sales by Property Type
Condo
Avg/Median Price$750,036 / $749,950Range$299,000 – $1,195,000Price per Sq Ft$677 / $660Sq Ft1,115 / 1,061DOM43 / 20New2Total21
Land
Avg/Median Price$724,612 / $189,500Range$159,000 – $1,950,000Price per Sq Ft—Sq Ft—DOM100 / 50New0Total4
Multi-Family
Avg/Median Price$1,426,650 / $1,580,000Range$950,000 – $1,749,950Price per Sq Ft$453 / $476Sq Ft3,152 / 3,096DOM26 / 17New0Total3
Single Family
Avg/Median Price$1,135,623 / $999,000Range$498,000 – $2,429,200Price per Sq Ft$577 / $555Sq Ft2,059 / 2,060DOM24 / 7New10Total85
Townhouse
Avg/Median Price$788,812 / $739,900Range$479,900 – $1,319,000Price per Sq Ft$557 / $531Sq Ft1,450 / 1,440DOM68 / 44New6Total78
Sales by Bedroom Count
Studio
Avg:$299,000Median:$299,000Range:$299,000 – $299,000PSF:$659 / $659Sq Ft:454 / 454DOM:79 / 79New:0Total:1
1 Beds
Avg:$570,825Median:$499,950Range:$340,000 – $1,000,000PSF:$586 / $515Sq Ft:985 / 804DOM:71 / 29New:0Total:6
2 Beds
Avg:$697,950Median:$688,000Range:$460,000 – $1,050,000PSF:$651 / $643Sq Ft:1,106 / 1,081DOM:60 / 21New:6Total:64
3 Beds
Avg:$974,684Median:$949,000Range:$669,000 – $1,898,950PSF:$546 / $535Sq Ft:1,805 / 1,703DOM:38 / 15New:7Total:70
4 Beds
Avg:$1,206,147Median:$999,950Range:$750,000 – $2,275,000PSF:$538 / $520Sq Ft:2,206 / 2,150DOM:30 / 11New:2Total:29
5 Beds
Avg:$1,618,015Median:$1,580,000Range:$999,000 – $2,429,200PSF:$512 / $504Sq Ft:3,168 / 3,108DOM:18 / 8New:3Total:13
6 Beds
Avg:$1,425,983Median:$1,578,000Range:$950,000 – $1,749,950PSF:$476 / $546Sq Ft:3,009 / 3,040DOM:24 / 17New:0Total:3
7 Beds
Avg:$1,175,000Median:$1,175,000Range:$1,175,000 – $1,175,000PSF:$344 / $344Sq Ft:3,414 / 3,414DOM:158 / 158New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $299,000 | $299,000 | $299,000 – $299,000 | $659 / $659 | 454 / 454 | 79 / 79 | 0 | 1 |
| 1 Beds | $570,825 | $499,950 | $340,000 – $1,000,000 | $586 / $515 | 985 / 804 | 71 / 29 | 0 | 6 |
| 2 Beds | $697,950 | $688,000 | $460,000 – $1,050,000 | $651 / $643 | 1,106 / 1,081 | 60 / 21 | 6 | 64 |
| 3 Beds | $974,684 | $949,000 | $669,000 – $1,898,950 | $546 / $535 | 1,805 / 1,703 | 38 / 15 | 7 | 70 |
| 4 Beds | $1,206,147 | $999,950 | $750,000 – $2,275,000 | $538 / $520 | 2,206 / 2,150 | 30 / 11 | 2 | 29 |
| 5 Beds | $1,618,015 | $1,580,000 | $999,000 – $2,429,200 | $512 / $504 | 3,168 / 3,108 | 18 / 8 | 3 | 13 |
| 6 Beds | $1,425,983 | $1,578,000 | $950,000 – $1,749,950 | $476 / $546 | 3,009 / 3,040 | 24 / 17 | 0 | 3 |
| 7 Beds | $1,175,000 | $1,175,000 | $1,175,000 – $1,175,000 | $344 / $344 | 3,414 / 3,414 | 158 / 158 | 0 | 1 |
Rental Market Overview
Median Rent
$2,479
+3.5%
Median DOM
2
−71.4%
New Listings
40
Inventory
121
+9.0%
- Average Rent: $2,747
- Median Rent: $2,479
- Rent Range: $750 – $10,000
- Rent per Sq Ft (Avg/Median): $3 / $3
- Square Footage (Avg/Median): 1,059 / 884
- Square Footage Range: 300 – 3,110
- Days on Market (Avg/Median): 61 / 2
- Days on Market Range: 1 – 356
- New Listings: 40
- Total Listings: 121
Rentals by Property Type
Apartment
$1,725
Median DOM: 45
Inventory: 57
MoM: +3.5%
Condo
$2,400
Median DOM: 1
Inventory: 7
MoM: +3.5%
Single Family
$3,025
Median DOM: 1
Inventory: 40
MoM: +3.5%
Townhouse
$3,495
Median DOM: 1
Inventory: 16
MoM: +3.5%
Apartment
Avg/Median Rent$2,172 / $1,725Range$750 – $10,000Rent per Sq Ft$3 / $3Sq Ft695 / 650DOM109 / 45New12Total57
Condo
Avg/Median Rent$2,482 / $2,400Range$1,395 – $3,680Rent per Sq Ft$3 / $3Sq Ft970 / 840DOM30 / 1New1Total7
Multi-Family
Avg/Median Rent$2,795 / $2,795Range$2,795 – $2,795Rent per Sq Ft$2 / $2Sq Ft1,150 / 1,150DOM2 / 2New1Total1
Single Family
Avg/Median Rent$3,211 / $3,025Range$1,125 – $7,215Rent per Sq Ft$2 / $2Sq Ft1,425 / 1,260DOM20 / 1New19Total40
Townhouse
Avg/Median Rent$3,751 / $3,495Range$3,100 – $5,800Rent per Sq Ft$3 / $3Sq Ft1,433 / 1,311DOM20 / 1New7Total16
Rentals by Bedroom Count
Studio
Avg:$2,296Median:$1,300Range:$750 – $10,000PSF:$4 / $3Sq Ft:753 / 490DOM:103 / 42New:6Total:16
1 Beds
Avg:$1,926Median:$1,695Range:$1,125 – $6,959PSF:$3 / $3Sq Ft:624 / 650DOM:62 / 1New:7Total:33
2 Beds
Avg:$2,571Median:$2,545Range:$1,795 – $3,750PSF:$3 / $3Sq Ft:958 / 900DOM:44 / 2New:18Total:37
3 Beds
Avg:$3,862Median:$3,650Range:$2,500 – $6,550PSF:$2 / $2Sq Ft:1,647 / 1,535DOM:50 / 1New:8Total:28
4 Beds
Avg:$4,125Median:$3,995Range:$2,795 – $5,800PSF:$2 / $2Sq Ft:1,769 / 1,640DOM:91 / 29New:1Total:7
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $2,296 | $1,300 | $750 – $10,000 | $4 / $3 | 753 / 490 | 103 / 42 | 6 | 16 |
| 1 Beds | $1,926 | $1,695 | $1,125 – $6,959 | $3 / $3 | 624 / 650 | 62 / 1 | 7 | 33 |
| 2 Beds | $2,571 | $2,545 | $1,795 – $3,750 | $3 / $3 | 958 / 900 | 44 / 2 | 18 | 37 |
| 3 Beds | $3,862 | $3,650 | $2,500 – $6,550 | $2 / $2 | 1,647 / 1,535 | 50 / 1 | 8 | 28 |
| 4 Beds | $4,125 | $3,995 | $2,795 – $5,800 | $2 / $2 | 1,769 / 1,640 | 91 / 29 | 1 | 7 |
6-Month Sales Trend
Oct 2025
Median Price:$879,950Median DOM:27New:59Total:224
Nov 2025
Median Price:$849,900Median DOM:38New:34Total:187
Dec 2025
Median Price:$834,950Median DOM:59New:17Total:150
Jan 2026
Median Price:$849,900Median DOM:45New:64Total:163
Feb 2026
Median Price:$849,900Median DOM:20New:58Total:188
Mar 2026
Median Price:$849,950Median DOM:20New:18Total:191
6-Month Rental Trend
Oct 2025
Median Rent:$2,600Median DOM:13New:47Total:127
Nov 2025
Median Rent:$2,495Median DOM:19New:48Total:123
Dec 2025
Median Rent:$2,400Median DOM:14New:39Total:121
Jan 2026
Median Rent:$2,395Median DOM:21New:38Total:105
Feb 2026
Median Rent:$2,395Median DOM:7New:43Total:111
Mar 2026
Median Rent:$2,479Median DOM:2New:40Total:121
Key Market Takeaways
Median sale prices moved higher 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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