ZIP 98119 Housing Market Report

Northwest Seattle

Report period: August 2026

98119 Monthly Market Update – August 2026

ZIP 98119 · Last updated Aug 11, 2026 · Data range Mar 2026 – Aug 2026

Executive Snapshot

Median Sale Price
$780,000
+4.1%
Median DOM (Sales)
44
−10.2%
New Listings (Sales)
15
−75.0%
Median Rent
$1,895
0.0%
Median DOM (Rental)
19
+58.3%
Total Rental Listings
220
−7.6%

Month-over-Month Movement

Median sale prices moved higher. Days on market improved. Rents were stable. Rental inventory tightened.

What's Moving Fastest

  • Fastest selling: Single Family (23 DOM)
  • Fastest renting: Single Family (1 DOM)
  • Strongest bedroom: 5 Beds ($1,999,900 median)

Sales Market Overview

Median Price
$780,000
+4.1%
Median DOM
44
−10.2%
New Listings
15
−75.0%
Inventory
199
+2.6%
  • Average Price: $1,067,084
  • Median Price: $780,000
  • Price Range: $175,000 – $7,500,000
  • Price per Sq Ft (Avg/Median): $594 / $564
  • Square Footage (Avg/Median): 1,679 / 1,190
  • Square Footage Range: 422 – 7,900
  • Days on Market (Avg/Median): 61 / 44
  • Days on Market Range: 2 – 323
  • New Listings: 15
  • Total Listings: 199

Sales by Property Type

Condo
Avg/Median Price$553,687 / $425,000Range$210,000 – $7,500,000Price per Sq Ft$551 / $529Sq Ft912 / 802DOM67 / 57New5Total90
Land
Avg/Median Price$2,995,000 / $2,995,000Range$2,995,000 – $2,995,000Price per Sq FtSq FtDOM189 / 189New0Total1
Multi-Family
Avg/Median Price$1,673,889 / $1,350,000Range$975,000 – $4,200,000Price per Sq Ft$469 / $426Sq Ft3,432 / 3,110DOM74 / 71New0Total9
Single Family
Avg/Median Price$1,704,962 / $1,295,000Range$175,000 – $6,950,000Price per Sq Ft$664 / $650Sq Ft2,568 / 2,200DOM51 / 23New7Total70
Townhouse
Avg/Median Price$865,879 / $830,000Range$325,000 – $1,489,000Price per Sq Ft$595 / $595Sq Ft1,464 / 1,430DOM61 / 66New3Total29

Sales by Bedroom Count

Studio
Avg:$244,633Median:$279,000Range:$175,000 – $279,900PSF:$662 / $661Sq Ft:422 / 422DOM:37 / 47New:1Total:3
1 Beds
Avg:$385,410Median:$349,900Range:$210,000 – $1,489,000PSF:$531 / $529Sq Ft:724 / 700DOM:74 / 55New:0Total:50
2 Beds
Avg:$672,638Median:$588,000Range:$324,950 – $2,394,000PSF:$591 / $551Sq Ft:1,120 / 1,052DOM:64 / 52New:9Total:57
3 Beds
Avg:$1,201,770Median:$975,000Range:$650,000 – $7,500,000PSF:$630 / $602Sq Ft:1,801 / 1,610DOM:61 / 53New:2Total:34
4 Beds
Avg:$1,901,522Median:$1,599,000Range:$650,000 – $5,950,000PSF:$655 / $650Sq Ft:2,831 / 2,570DOM:40 / 22New:1Total:36
5 Beds
Avg:$2,448,627Median:$1,999,900Range:$1,100,000 – $6,950,000PSF:$602 / $595Sq Ft:3,802 / 3,467DOM:53 / 33New:2Total:11
6 Beds
Avg:$2,056,667Median:$1,650,000Range:$1,545,000 – $2,975,000PSF:$526 / $427Sq Ft:3,863 / 3,870DOM:69 / 62New:0Total:3
7 Beds
Avg:$2,147,500Median:$1,495,000Range:$1,295,000 – $4,200,000PSF:$552 / $447Sq Ft:3,917 / 3,420DOM:49 / 21New:0Total:4

Rental Market Overview

Median Rent
$1,895
0.0%
Median DOM
19
+58.3%
New Listings
33
Inventory
220
−7.6%
  • Average Rent: $2,381
  • Median Rent: $1,895
  • Rent Range: $1,150 – $8,765
  • Rent per Sq Ft (Avg/Median): $3 / $3
  • Square Footage (Avg/Median): 807 / 667
  • Square Footage Range: 300 – 2,940
  • Days on Market (Avg/Median): 67 / 19
  • Days on Market Range: 1 – 361
  • New Listings: 33
  • Total Listings: 220

Rentals by Property Type

Apartment
$1,795
Median DOM: 38
Inventory: 167
MoM: 0.0%
Condo
$2,499
Median DOM: 12
Inventory: 25
MoM: 0.0%
Single Family
$4,200
Median DOM: 1
Inventory: 16
MoM: 0.0%
Townhouse
$4,200
Median DOM: 1
Inventory: 12
MoM: 0.0%
Apartment
Avg/Median Rent$2,026 / $1,795Range$1,150 – $8,765Rent per Sq Ft$3 / $3Sq Ft664 / 625DOM83 / 38New19Total167
Condo
Avg/Median Rent$2,571 / $2,499Range$1,500 – $4,200Rent per Sq Ft$3 / $3Sq Ft875 / 800DOM21 / 12New5Total25
Single Family
Avg/Median Rent$4,211 / $4,200Range$1,950 – $6,495Rent per Sq Ft$3 / $3Sq Ft1,686 / 1,500DOM18 / 1New3Total16
Townhouse
Avg/Median Rent$4,496 / $4,200Range$3,350 – $6,416Rent per Sq Ft$3 / $3Sq Ft1,470 / 1,490DOM36 / 1New6Total12

Rentals by Bedroom Count

Studio
Avg:$1,498Median:$1,477Range:$1,150 – $2,261PSF:$4 / $3Sq Ft:428 / 450DOM:104 / 12New:2Total:33
1 Beds
Avg:$1,855Median:$1,795Range:$1,300 – $3,020PSF:$3 / $3Sq Ft:642 / 630DOM:74 / 22New:19Total:115
2 Beds
Avg:$2,969Median:$2,575Range:$1,795 – $8,765PSF:$3 / $3Sq Ft:1,004 / 925DOM:51 / 15New:4Total:44
3 Beds
Avg:$4,451Median:$4,295Range:$2,595 – $7,814PSF:$3 / $3Sq Ft:1,565 / 1,539DOM:50 / 6New:6Total:23
4 Beds
Avg:$5,549Median:$5,250Range:$4,500 – $6,495PSF:$3 / $2Sq Ft:2,198 / 2,050DOM:49 / 8New:2Total:4
6 Beds
Avg:$6,000Median:$6,000Range:$6,000 – $6,000PSF:$3 / $3Sq Ft:2,100 / 2,100DOM:22 / 22New:0Total:1

6-Month Sales Trend

Mar 2026
Median Price:$799,000Median DOM:28New:42Total:153
Apr 2026
Median Price:$699,950Median DOM:35New:56Total:156
May 2026
Median Price:$749,950Median DOM:40New:45Total:164
Jun 2026
Median Price:$747,500Median DOM:45New:58Total:190
Jul 2026
Median Price:$749,000Median DOM:49New:60Total:194
Aug 2026
Median Price:$780,000Median DOM:44New:15Total:199

6-Month Rental Trend

Mar 2026
Median Rent:$1,610Median DOM:1New:47Total:318
Apr 2026
Median Rent:$1,895Median DOM:13New:75Total:205
May 2026
Median Rent:$1,895Median DOM:9New:80Total:224
Jun 2026
Median Rent:$1,925Median DOM:9New:81Total:236
Jul 2026
Median Rent:$1,895Median DOM:12New:56Total:238
Aug 2026
Median Rent:$1,895Median DOM:19New:33Total:220

Key Market Takeaways

Median sale prices moved higher this month while inventory expanded. Days on market declined, signaling improving buyer activity. Rental pricing remained stable, 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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