ZIP 98117 Housing Market Report
Northwest Seattle
Report period: August 2026
98117 Monthly Market Update – August 2026
ZIP 98117 · Last updated Aug 11, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$914,900
+1.7%
Median DOM (Sales)
27
0.0%
New Listings (Sales)
17
−72.6%
Median Rent
$2,675
+16.3%
Median DOM (Rental)
11
−26.7%
Total Rental Listings
115
+0.9%
Month-over-Month Movement
Median sale prices moved higher. Rents moved higher. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Single Family (15 DOM)
- Fastest renting: Condo (1 DOM)
- Strongest bedroom: 5 Beds ($1,625,000 median)
Sales Market Overview
Median Price
$914,900
+1.7%
Median DOM
27
0.0%
New Listings
17
−72.6%
Inventory
194
−1.0%
- Average Price: $1,054,140
- Median Price: $914,900
- Price Range: $154,000 – $8,800,000
- Price per Sq Ft (Avg/Median): $564 / $550
- Square Footage (Avg/Median): 1,879 / 1,793
- Square Footage Range: 530 – 4,190
- Days on Market (Avg/Median): 45 / 27
- Days on Market Range: 2 – 318
- New Listings: 17
- Total Listings: 194
Sales by Property Type
Condo
Avg/Median Price$839,382 / $725,000Range$354,900 – $2,215,000Price per Sq Ft$619 / $596Sq Ft1,368 / 1,096DOM46 / 35New0Total22
Land
Avg/Median Price$1,781,779 / $599,950Range$154,000 – $8,800,000Price per Sq Ft—Sq Ft—DOM116 / 70New1Total7
Multi-Family
Avg/Median Price$1,329,800 / $1,299,000Range$950,000 – $1,625,000Price per Sq Ft$397 / $362Sq Ft3,159 / 3,096DOM111 / 95New0Total5
Single Family
Avg/Median Price$1,170,503 / $1,000,000Range$574,950 – $2,750,000Price per Sq Ft$567 / $550Sq Ft2,138 / 2,090DOM32 / 15New12Total109
Townhouse
Avg/Median Price$771,185 / $749,950Range$498,000 – $1,259,950Price per Sq Ft$545 / $537Sq Ft1,447 / 1,427DOM56 / 53New4Total51
Sales by Bedroom Count
1 Beds
Avg:$755,667Median:$725,000Range:$510,000 – $1,000,000PSF:$742 / $634Sq Ft:1,121 / 804DOM:65 / 13New:0Total:6
2 Beds
Avg:$687,354Median:$699,950Range:$354,900 – $949,900PSF:$606 / $596Sq Ft:1,162 / 1,092DOM:42 / 31New:5Total:47
3 Beds
Avg:$936,339Median:$899,950Range:$498,000 – $1,750,000PSF:$539 / $503Sq Ft:1,767 / 1,780DOM:44 / 26New:8Total:76
4 Beds
Avg:$1,348,452Median:$1,295,000Range:$774,950 – $2,249,000PSF:$556 / $567Sq Ft:2,457 / 2,320DOM:27 / 16New:0Total:36
5 Beds
Avg:$1,644,176Median:$1,625,000Range:$899,000 – $2,750,000PSF:$538 / $530Sq Ft:3,066 / 3,152DOM:53 / 32New:2Total:17
6 Beds
Avg:$1,506,800Median:$1,299,000Range:$950,000 – $2,330,000PSF:$453 / $445Sq Ft:3,279 / 3,200DOM:74 / 75New:1Total:5
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $755,667 | $725,000 | $510,000 – $1,000,000 | $742 / $634 | 1,121 / 804 | 65 / 13 | 0 | 6 |
| 2 Beds | $687,354 | $699,950 | $354,900 – $949,900 | $606 / $596 | 1,162 / 1,092 | 42 / 31 | 5 | 47 |
| 3 Beds | $936,339 | $899,950 | $498,000 – $1,750,000 | $539 / $503 | 1,767 / 1,780 | 44 / 26 | 8 | 76 |
| 4 Beds | $1,348,452 | $1,295,000 | $774,950 – $2,249,000 | $556 / $567 | 2,457 / 2,320 | 27 / 16 | 0 | 36 |
| 5 Beds | $1,644,176 | $1,625,000 | $899,000 – $2,750,000 | $538 / $530 | 3,066 / 3,152 | 53 / 32 | 2 | 17 |
| 6 Beds | $1,506,800 | $1,299,000 | $950,000 – $2,330,000 | $453 / $445 | 3,279 / 3,200 | 74 / 75 | 1 | 5 |
Rental Market Overview
Median Rent
$2,675
+16.3%
Median DOM
11
−26.7%
New Listings
34
Inventory
115
+0.9%
- Average Rent: $3,096
- Median Rent: $2,675
- Rent Range: $875 – $10,000
- Rent per Sq Ft (Avg/Median): $3 / $3
- Square Footage (Avg/Median): 1,201 / 938
- Square Footage Range: 335 – 3,716
- Days on Market (Avg/Median): 53 / 11
- Days on Market Range: 1 – 350
- New Listings: 34
- Total Listings: 115
Rentals by Property Type
Apartment
$1,750
Median DOM: 46
Inventory: 54
MoM: +16.3%
Condo
$2,275
Median DOM: 1
Inventory: 7
MoM: +16.3%
Single Family
$3,875
Median DOM: 1
Inventory: 35
MoM: +16.3%
Townhouse
$3,600
Median DOM: 8
Inventory: 17
MoM: +16.3%
Apartment
Avg/Median Rent$2,353 / $1,750Range$875 – $10,000Rent per Sq Ft$3 / $3Sq Ft759 / 675DOM99 / 46New7Total54
Condo
Avg/Median Rent$2,109 / $2,275Range$1,700 – $2,595Rent per Sq Ft$2 / $3Sq Ft868 / 800DOM35 / 1New2Total7
Multi-Family
Avg/Median Rent$2,510 / $1,895Range$1,895 – $3,125Rent per Sq Ft$2 / $2Sq Ft1,050 / 850DOM20 / 4New1Total2
Single Family
Avg/Median Rent$3,834 / $3,875Range$990 – $6,500Rent per Sq Ft$2 / $2Sq Ft1,745 / 1,640DOM6 / 1New18Total35
Townhouse
Avg/Median Rent$4,412 / $3,600Range$3,000 – $8,222Rent per Sq Ft$3 / $3Sq Ft1,472 / 1,326DOM42 / 8New6Total17
Rentals by Bedroom Count
Studio
Avg:$2,129Median:$1,479Range:$875 – $10,000PSF:$5 / $4Sq Ft:571 / 432DOM:127 / 94New:3Total:14
1 Beds
Avg:$1,745Median:$1,699Range:$990 – $2,995PSF:$3 / $3Sq Ft:656 / 649DOM:63 / 23New:6Total:28
2 Beds
Avg:$2,711Median:$2,345Range:$1,695 – $5,955PSF:$3 / $3Sq Ft:991 / 938DOM:30 / 4New:15Total:36
3 Beds
Avg:$4,602Median:$4,050Range:$2,595 – $8,222PSF:$3 / $3Sq Ft:1,638 / 1,550DOM:65 / 11New:6Total:24
4 Beds
Avg:$5,241Median:$5,495Range:$3,550 – $6,250PSF:$2 / $2Sq Ft:2,364 / 2,340DOM:30 / 11New:2Total:9
5 Beds
Avg:$5,536Median:$5,250Range:$5,000 – $6,500PSF:$2 / $2Sq Ft:2,844 / 2,680DOM:6 / 1New:2Total:4
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $2,129 | $1,479 | $875 – $10,000 | $5 / $4 | 571 / 432 | 127 / 94 | 3 | 14 |
| 1 Beds | $1,745 | $1,699 | $990 – $2,995 | $3 / $3 | 656 / 649 | 63 / 23 | 6 | 28 |
| 2 Beds | $2,711 | $2,345 | $1,695 – $5,955 | $3 / $3 | 991 / 938 | 30 / 4 | 15 | 36 |
| 3 Beds | $4,602 | $4,050 | $2,595 – $8,222 | $3 / $3 | 1,638 / 1,550 | 65 / 11 | 6 | 24 |
| 4 Beds | $5,241 | $5,495 | $3,550 – $6,250 | $2 / $2 | 2,364 / 2,340 | 30 / 11 | 2 | 9 |
| 5 Beds | $5,536 | $5,250 | $5,000 – $6,500 | $2 / $2 | 2,844 / 2,680 | 6 / 1 | 2 | 4 |
6-Month Sales Trend
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:$899,950Median DOM:27New:62Total:196
Aug 2026
Median Price:$914,900Median DOM:27New:17Total:194
6-Month Rental Trend
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:15New:41Total:114
Aug 2026
Median Rent:$2,675Median DOM:11New:34Total:115
Key Market Takeaways
Median sale prices moved higher this month while inventory compressed. 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.
980019800298003980049800598006980079800898010980119801298014980199802098021980229802398024980259802698027980289802998030980319803298033980349803698037+65 more
← Back to Northwest Seattle