ZIP 98119 Housing Market Report

Northwest Seattle

Report period: May 2026

98119 Monthly Market Update – May 2026

ZIP 98119 · Last updated May 12, 2026 · Data range Dec 2025 – May 2026

Executive Snapshot

Median Sale Price
$690,000
−1.4%
Median DOM (Sales)
33
−5.7%
New Listings (Sales)
15
−73.2%
Median Rent
$1,925
+1.6%
Median DOM (Rental)
15
+15.4%
Total Rental Listings
207
+1.0%

Month-over-Month Movement

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

What's Moving Fastest

  • Fastest selling: Multi-Family (17 DOM)
  • Fastest renting: Condo (1 DOM)
  • Strongest bedroom: 5 Beds ($2,095,000 median)

Sales Market Overview

Median Price
$690,000
−1.4%
Median DOM
33
−5.7%
New Listings
15
−73.2%
Inventory
159
+1.9%
  • Average Price: $989,723
  • Median Price: $690,000
  • Price Range: $220,000 – $7,500,000
  • Price per Sq Ft (Avg/Median): $598 / $580
  • Square Footage (Avg/Median): 1,554 / 1,156
  • Square Footage Range: 423 – 6,830
  • Days on Market (Avg/Median): 53 / 33
  • Days on Market Range: 3 – 325
  • New Listings: 15
  • Total Listings: 159

Sales by Property Type

Condo
Avg/Median Price$575,939 / $450,000Range$220,000 – $7,500,000Price per Sq Ft$555 / $528Sq Ft957 / 850DOM53 / 33New8Total84
Land
Avg/Median Price$2,995,000 / $2,995,000Range$2,995,000 – $2,995,000Price per Sq FtSq FtDOM98 / 98New0Total1
Multi-Family
Avg/Median Price$1,370,000 / $1,295,000Range$1,150,000 – $1,675,000Price per Sq Ft$459 / $433Sq Ft3,013 / 2,900DOM75 / 17New1Total6
Single Family
Avg/Median Price$1,708,742 / $1,389,000Range$299,000 – $5,950,000Price per Sq Ft$683 / $650Sq Ft2,528 / 2,290DOM54 / 26New6Total44
Townhouse
Avg/Median Price$941,148 / $899,000Range$360,000 – $1,900,000Price per Sq Ft$627 / $595Sq Ft1,497 / 1,438DOM41 / 45New0Total24

Sales by Bedroom Count

Studio
Avg:$328,250Median:$289,000Range:$225,000 – $440,000PSF:$563 / $450Sq Ft:594 / 500DOM:44 / 54New:0Total:4
1 Beds
Avg:$386,992Median:$340,000Range:$220,000 – $1,489,000PSF:$542 / $541Sq Ft:711 / 657DOM:66 / 40New:4Total:42
2 Beds
Avg:$643,414Median:$609,000Range:$360,000 – $1,295,000PSF:$591 / $556Sq Ft:1,100 / 1,043DOM:52 / 33New:4Total:50
3 Beds
Avg:$1,337,874Median:$998,000Range:$675,000 – $7,500,000PSF:$677 / $628Sq Ft:1,813 / 1,604DOM:38 / 17New:3Total:25
4 Beds
Avg:$1,788,912Median:$1,445,000Range:$699,000 – $5,950,000PSF:$647 / $608Sq Ft:2,681 / 2,400DOM:31 / 20New:3Total:24
5 Beds
Avg:$2,198,795Median:$2,095,000Range:$1,199,950 – $4,200,000PSF:$569 / $553Sq Ft:3,780 / 3,420DOM:85 / 39New:1Total:10
6 Beds
Avg:$2,485,000Median:$1,675,000Range:$1,675,000 – $3,295,000PSF:$618 / $433Sq Ft:3,985 / 3,870DOM:41 / 6New:0Total:2
7 Beds
Avg:$1,295,000Median:$1,295,000Range:$1,295,000 – $1,295,000PSF:$447 / $447Sq Ft:2,900 / 2,900DOM:62 / 62New:0Total:1

Rental Market Overview

Median Rent
$1,925
+1.6%
Median DOM
15
+15.4%
New Listings
41
Inventory
207
+1.0%
  • Average Rent: $2,475
  • Median Rent: $1,925
  • Rent Range: $1,050 – $9,171
  • Rent per Sq Ft (Avg/Median): $3 / $3
  • Square Footage (Avg/Median): 826 / 671
  • Square Footage Range: 277 – 3,240
  • Days on Market (Avg/Median): 69 / 15
  • Days on Market Range: 1 – 358
  • New Listings: 41
  • Total Listings: 207

Rentals by Property Type

Apartment
$1,745
Median DOM: 28
Inventory: 155
MoM: +1.6%
Condo
$2,550
Median DOM: 1
Inventory: 23
MoM: +1.6%
Single Family
$4,495
Median DOM: 1
Inventory: 18
MoM: +1.6%
Townhouse
$4,900
Median DOM: 13
Inventory: 10
MoM: +1.6%
Apartment
Avg/Median Rent$1,985 / $1,745Range$1,050 – $9,171Rent per Sq Ft$3 / $3Sq Ft649 / 600DOM89 / 28New20Total155
Condo
Avg/Median Rent$2,819 / $2,550Range$1,350 – $5,500Rent per Sq Ft$3 / $3Sq Ft978 / 801DOM13 / 1New11Total23
Multi-Family
Avg/Median Rent$3,200 / $3,200Range$3,200 – $3,200Rent per Sq Ft$3 / $3Sq Ft1,100 / 1,100DOM13 / 13New0Total1
Single Family
Avg/Median Rent$4,616 / $4,495Range$1,400 – $8,795Rent per Sq Ft$3 / $3Sq Ft1,726 / 1,800DOM19 / 1New7Total18
Townhouse
Avg/Median Rent$5,355 / $4,900Range$3,550 – $8,107Rent per Sq Ft$3 / $2Sq Ft1,855 / 2,060DOM50 / 13New3Total10

Rentals by Bedroom Count

Studio
Avg:$1,445Median:$1,395Range:$1,050 – $2,320PSF:$3 / $3Sq Ft:437 / 455DOM:113 / 63New:3Total:40
1 Beds
Avg:$1,819Median:$1,745Range:$1,200 – $3,050PSF:$3 / $3Sq Ft:631 / 650DOM:80 / 22New:13Total:88
2 Beds
Avg:$2,965Median:$2,550Range:$1,750 – $7,353PSF:$3 / $3Sq Ft:1,028 / 1,000DOM:48 / 6New:18Total:53
3 Beds
Avg:$5,057Median:$4,350Range:$2,900 – $9,171PSF:$2 / $2Sq Ft:1,740 / 1,720DOM:54 / 15New:4Total:20
4 Beds
Avg:$5,298Median:$5,200Range:$5,195 – $5,500PSF:$2 / $2Sq Ft:2,471 / 2,340DOM:40 / 1New:1Total:3
7 Beds
Avg:$6,895Median:$6,795Range:$6,795 – $6,995PSF:$3 / $3Sq Ft:2,140 / 2,140DOM:1 / 1New:1Total:2
8 Beds
Avg:$6,560Median:$6,560Range:$6,560 – $6,560PSF:$3 / $3Sq Ft:2,070 / 2,070DOM:2 / 2New:1Total:1

6-Month Sales Trend

Dec 2025
Median Price:$750,000Median DOM:63New:11Total:114
Jan 2026
Median Price:$779,000Median DOM:57New:42Total:115
Feb 2026
Median Price:$869,000Median DOM:29New:43Total:133
Mar 2026
Median Price:$799,000Median DOM:28New:42Total:153
Apr 2026
Median Price:$699,950Median DOM:35New:56Total:156
May 2026
Median Price:$690,000Median DOM:33New:15Total:159

6-Month Rental Trend

Dec 2025
Median Rent:$1,795Median DOM:57New:40Total:175
Jan 2026
Median Rent:$1,641Median DOM:1New:192Total:320
Feb 2026
Median Rent:$1,620Median DOM:1New:186Total:325
Mar 2026
Median Rent:$1,610Median DOM:1New:47Total:318
Apr 2026
Median Rent:$1,895Median DOM:13New:75Total:205
May 2026
Median Rent:$1,925Median DOM:15New:41Total:207

Key Market Takeaways

Median sale prices softened this month while inventory expanded. Days on market declined, signaling improving 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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