ZIP 98117 Housing Market Report

Northwest Seattle

Report period: July 2026

98117 Monthly Market Update – July 2026

ZIP 98117 · Last updated Jul 12, 2026 · Data range Feb 2026 – Jul 2026

Executive Snapshot

Median Sale Price
$929,000
+1.0%
Median DOM (Sales)
20
+17.6%
New Listings (Sales)
27
−57.8%
Median Rent
$2,300
−8.0%
Median DOM (Rental)
11
+37.5%
Total Rental Listings
116
−5.7%

Month-over-Month Movement

Median sale prices moved higher. Days on market lengthened. Rents softened. Rental inventory tightened.

What's Moving Fastest

  • Fastest selling: Single Family (11 DOM)
  • Fastest renting: Single Family (1 DOM)
  • Strongest bedroom: 5 Beds ($1,669,900 median)

Sales Market Overview

Median Price
$929,000
+1.0%
Median DOM
20
+17.6%
New Listings
27
−57.8%
Inventory
207
+1.0%
  • Average Price: $1,049,466
  • Median Price: $929,000
  • Price Range: $154,000 – $8,800,000
  • Price per Sq Ft (Avg/Median): $567 / $562
  • Square Footage (Avg/Median): 1,852 / 1,760
  • Square Footage Range: 560 – 4,200
  • Days on Market (Avg/Median): 38 / 20
  • Days on Market Range: 1 – 288
  • New Listings: 27
  • Total Listings: 207

Sales by Property Type

Condo
Avg/Median Price$794,718 / $660,000Range$369,000 – $2,215,000Price per Sq Ft$589 / $596Sq Ft1,354 / 1,096DOM31 / 17New5Total25
Land
Avg/Median Price$1,781,771 / $599,950Range$154,000 – $8,800,000Price per Sq FtSq FtDOM123 / 110New0Total7
Multi-Family
Avg/Median Price$1,321,475 / $1,199,850Range$950,000 – $1,625,000Price per Sq Ft$431 / $472Sq Ft2,975 / 3,096DOM70 / 45New0Total6
Single Family
Avg/Median Price$1,183,346 / $1,050,000Range$545,000 – $2,750,000Price per Sq Ft$572 / $562Sq Ft2,129 / 2,120DOM27 / 11New18Total115
Townhouse
Avg/Median Price$757,140 / $735,000Range$498,000 – $1,299,950Price per Sq Ft$559 / $540Sq Ft1,387 / 1,350DOM53 / 43New4Total54

Sales by Bedroom Count

1 Beds
Avg:$726,000Median:$725,000Range:$510,000 – $1,000,000PSF:$744 / $699Sq Ft:1,053 / 804DOM:72 / 17New:0Total:5
2 Beds
Avg:$674,748Median:$649,950Range:$369,000 – $1,125,000PSF:$609 / $599Sq Ft:1,131 / 1,082DOM:40 / 26New:7Total:54
3 Beds
Avg:$925,224Median:$919,950Range:$498,000 – $2,000,000PSF:$536 / $511Sq Ft:1,749 / 1,720DOM:38 / 20New:7Total:74
4 Beds
Avg:$1,354,052Median:$1,295,000Range:$799,950 – $2,395,000PSF:$580 / $584Sq Ft:2,345 / 2,260DOM:19 / 10New:8Total:44
5 Beds
Avg:$1,723,641Median:$1,669,900Range:$899,000 – $2,750,000PSF:$531 / $549Sq Ft:3,256 / 3,152DOM:41 / 24New:5Total:17
6 Beds
Avg:$1,225,650Median:$1,150,000Range:$919,900 – $1,760,000PSF:$424 / $402Sq Ft:2,903 / 2,920DOM:50 / 33New:0Total:6

Rental Market Overview

Median Rent
$2,300
−8.0%
Median DOM
11
+37.5%
New Listings
23
Inventory
116
−5.7%
  • Average Rent: $3,034
  • Median Rent: $2,300
  • Rent Range: $779 – $8,222
  • Rent per Sq Ft (Avg/Median): $3 / $3
  • Square Footage (Avg/Median): 1,156 / 875
  • Square Footage Range: 300 – 3,716
  • Days on Market (Avg/Median): 60 / 11
  • Days on Market Range: 1 – 340
  • New Listings: 23
  • Total Listings: 116

Rentals by Property Type

Apartment
$1,730
Median DOM: 30
Inventory: 58
MoM: −8.0%
Condo
$2,275
Median DOM: 9
Inventory: 8
MoM: −8.0%
Single Family
$3,900
Median DOM: 1
Inventory: 35
MoM: −8.0%
Townhouse
$4,050
Median DOM: 12
Inventory: 13
MoM: −8.0%
Apartment
Avg/Median Rent$2,256 / $1,730Range$779 – $6,690Rent per Sq Ft$3 / $3Sq Ft775 / 700DOM102 / 30New7Total58
Condo
Avg/Median Rent$2,364 / $2,275Range$1,700 – $3,895Rent per Sq Ft$3 / $3Sq Ft948 / 750DOM32 / 9New3Total8
Multi-Family
Avg/Median Rent$2,372 / $1,895Range$1,895 – $2,850Rent per Sq Ft$3 / $2Sq Ft890 / 850DOM23 / 10New0Total2
Single Family
Avg/Median Rent$3,902 / $3,900Range$990 – $7,720Rent per Sq Ft$3 / $3Sq Ft1,656 / 1,685DOM11 / 1New11Total35
Townhouse
Avg/Median Rent$4,686 / $4,050Range$3,400 – $8,222Rent per Sq Ft$3 / $3Sq Ft1,515 / 1,410DOM52 / 12New2Total13

Rentals by Bedroom Count

Studio
Avg:$1,965Median:$1,350Range:$779 – $7,215PSF:$3 / $3Sq Ft:899 / 372DOM:145 / 76New:2Total:11
1 Beds
Avg:$1,860Median:$1,650Range:$990 – $5,627PSF:$3 / $3Sq Ft:670 / 648DOM:61 / 20New:5Total:37
2 Beds
Avg:$2,510Median:$2,275Range:$1,750 – $5,955PSF:$3 / $3Sq Ft:877 / 850DOM:54 / 10New:8Total:29
3 Beds
Avg:$4,669Median:$4,050Range:$2,800 – $8,222PSF:$3 / $3Sq Ft:1,675 / 1,600DOM:49 / 2New:7Total:33
4 Beds
Avg:$5,500Median:$5,800Range:$3,550 – $6,700PSF:$3 / $2Sq Ft:2,155 / 1,620DOM:48 / 1New:0Total:4
5 Beds
Avg:$6,350Median:$6,000Range:$6,000 – $6,700PSF:$2 / $2Sq Ft:3,193 / 2,670DOM:3 / 1New:1Total:2

6-Month Sales Trend

Feb 2026
Median Price:$849,900Median DOM:20New:58Total:188
Mar 2026
Median Price:$864,900Median DOM:17New:76Total:208
Apr 2026
Median Price:$899,950Median DOM:15New:65Total:198
May 2026
Median Price:$949,000Median DOM:15New:81Total:215
Jun 2026
Median Price:$919,900Median DOM:17New:64Total:205
Jul 2026
Median Price:$929,000Median DOM:20New:27Total:207

6-Month Rental Trend

Feb 2026
Median Rent:$2,395Median DOM:7New:43Total:111
Mar 2026
Median Rent:$2,700Median DOM:5New:48Total:118
Apr 2026
Median Rent:$2,300Median DOM:2New:49Total:127
May 2026
Median Rent:$2,100Median DOM:9New:54Total:122
Jun 2026
Median Rent:$2,500Median DOM:8New:44Total:123
Jul 2026
Median Rent:$2,300Median DOM:11New:23Total:116

Key Market Takeaways

Median sale prices moved higher this month while inventory expanded. 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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