ZIP 98122 Housing Market Report
Northwest Seattle
Report period: March 2026
98122 Monthly Market Update – March 2026
ZIP 98122 · Last updated Mar 12, 2026 · Data range Oct 2025 – Mar 2026
Executive Snapshot
Median Sale Price
$819,950
+2.5%
Median DOM (Sales)
41
−4.7%
New Listings (Sales)
20
−50.0%
Median Rent
$1,695
0.0%
Median DOM (Rental)
8
+33.3%
Total Rental Listings
456
+1.3%
Month-over-Month Movement
Median sale prices moved higher. Days on market improved. Rents were stable. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Single Family (27 DOM)
- Fastest renting: Multi-Family (1 DOM)
- Strongest bedroom: 5 Beds ($1,850,000 median)
Sales Market Overview
Median Price
$819,950
+2.5%
Median DOM
41
−4.7%
New Listings
20
−50.0%
Inventory
205
+9.0%
- Average Price: $883,545
- Median Price: $819,950
- Price Range: $220,000 – $3,094,000
- Price per Sq Ft (Avg/Median): $588 / $592
- Square Footage (Avg/Median): 1,542 / 1,418
- Square Footage Range: 438 – 6,268
- Days on Market (Avg/Median): 75 / 41
- Days on Market Range: 2 – 342
- New Listings: 20
- Total Listings: 205
Sales by Property Type
Condo
Avg/Median Price$506,515 / $397,000Range$250,000 – $1,480,000Price per Sq Ft$588 / $582Sq Ft851 / 731DOM89 / 63New4Total72
Land
Avg/Median Price$759,714 / $699,000Range$220,000 – $1,800,000Price per Sq Ft—Sq Ft—DOM126 / 118New0Total7
Multi-Family
Avg/Median Price$1,639,900 / $1,780,000Range$875,000 – $2,250,000Price per Sq Ft$415 / $396Sq Ft4,063 / 4,150DOM119 / 133New0Total5
Single Family
Avg/Median Price$1,320,756 / $1,199,000Range$650,000 – $3,094,000Price per Sq Ft$566 / $548Sq Ft2,337 / 2,220DOM67 / 27New7Total52
Townhouse
Avg/Median Price$905,231 / $899,000Range$450,000 – $1,574,900Price per Sq Ft$616 / $618Sq Ft1,481 / 1,470DOM57 / 30New9Total69
Sales by Bedroom Count
Studio
Avg:$293,821Median:$289,950Range:$263,000 – $325,000PSF:$593 / $605Sq Ft:496 / 508DOM:65 / 64New:1Total:7
1 Beds
Avg:$431,819Median:$350,000Range:$250,000 – $1,780,000PSF:$565 / $562Sq Ft:792 / 630DOM:90 / 64New:2Total:39
2 Beds
Avg:$744,954Median:$700,000Range:$362,500 – $1,399,999PSF:$617 / $624Sq Ft:1,219 / 1,130DOM:71 / 41New:7Total:54
3 Beds
Avg:$991,816Median:$939,000Range:$450,000 – $1,895,000PSF:$594 / $587Sq Ft:1,691 / 1,624DOM:68 / 34New:4Total:60
4 Beds
Avg:$1,452,592Median:$1,395,000Range:$699,000 – $3,094,000PSF:$591 / $609Sq Ft:2,433 / 2,380DOM:55 / 35New:5Total:25
5 Beds
Avg:$1,660,550Median:$1,850,000Range:$650,000 – $2,950,000PSF:$495 / $512Sq Ft:3,419 / 2,914DOM:65 / 12New:1Total:9
6 Beds
Avg:$1,478,725Median:$1,259,900Range:$775,000 – $2,250,000PSF:$491 / $542Sq Ft:3,014 / 2,666DOM:139 / 135New:0Total:4
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $293,821 | $289,950 | $263,000 – $325,000 | $593 / $605 | 496 / 508 | 65 / 64 | 1 | 7 |
| 1 Beds | $431,819 | $350,000 | $250,000 – $1,780,000 | $565 / $562 | 792 / 630 | 90 / 64 | 2 | 39 |
| 2 Beds | $744,954 | $700,000 | $362,500 – $1,399,999 | $617 / $624 | 1,219 / 1,130 | 71 / 41 | 7 | 54 |
| 3 Beds | $991,816 | $939,000 | $450,000 – $1,895,000 | $594 / $587 | 1,691 / 1,624 | 68 / 34 | 4 | 60 |
| 4 Beds | $1,452,592 | $1,395,000 | $699,000 – $3,094,000 | $591 / $609 | 2,433 / 2,380 | 55 / 35 | 5 | 25 |
| 5 Beds | $1,660,550 | $1,850,000 | $650,000 – $2,950,000 | $495 / $512 | 3,419 / 2,914 | 65 / 12 | 1 | 9 |
| 6 Beds | $1,478,725 | $1,259,900 | $775,000 – $2,250,000 | $491 / $542 | 3,014 / 2,666 | 139 / 135 | 0 | 4 |
Rental Market Overview
Median Rent
$1,695
0.0%
Median DOM
8
+33.3%
New Listings
80
Inventory
456
+1.3%
- Average Rent: $2,104
- Median Rent: $1,695
- Rent Range: $450 – $9,739
- Rent per Sq Ft (Avg/Median): $3 / $3
- Square Footage (Avg/Median): 677 / 553
- Square Footage Range: 250 – 3,190
- Days on Market (Avg/Median): 70 / 8
- Days on Market Range: 1 – 363
- New Listings: 80
- Total Listings: 456
Rentals by Property Type
Apartment
$1,595
Median DOM: 40
Inventory: 305
MoM: 0.0%
Condo
$2,195
Median DOM: 8
Inventory: 33
MoM: 0.0%
Single Family
$1,675
Median DOM: 1
Inventory: 71
MoM: 0.0%
Townhouse
$4,149
Median DOM: 9
Inventory: 43
MoM: 0.0%
Apartment
Avg/Median Rent$1,695 / $1,595Range$450 – $9,739Rent per Sq Ft$3 / $3Sq Ft558 / 523DOM98 / 40New20Total305
Condo
Avg/Median Rent$2,491 / $2,195Range$1,150 – $8,500Rent per Sq Ft$3 / $3Sq Ft766 / 650DOM37 / 8New9Total33
Multi-Family
Avg/Median Rent$2,711 / $2,700Range$2,095 – $3,350Rent per Sq Ft$3 / $2Sq Ft1,024 / 900DOM14 / 1New2Total4
Single Family
Avg/Median Rent$2,139 / $1,675Range$670 – $7,500Rent per Sq Ft$3 / $3Sq Ft778 / 518DOM15 / 1New36Total71
Townhouse
Avg/Median Rent$4,595 / $4,149Range$2,500 – $9,621Rent per Sq Ft$3 / $3Sq Ft1,406 / 1,390DOM72 / 9New13Total43
Rentals by Bedroom Count
Studio
Avg:$1,379Median:$1,395Range:$450 – $2,750PSF:$3 / $3Sq Ft:428 / 447DOM:80 / 1New:22Total:174
1 Beds
Avg:$1,824Median:$1,700Range:$670 – $5,588PSF:$3 / $3Sq Ft:593 / 580DOM:83 / 23New:24Total:155
2 Beds
Avg:$2,989Median:$2,610Range:$1,317 – $8,500PSF:$3 / $3Sq Ft:946 / 890DOM:53 / 1New:25Total:90
3 Beds
Avg:$4,539Median:$3,850Range:$2,950 – $9,739PSF:$3 / $3Sq Ft:1,564 / 1,515DOM:43 / 6New:9Total:35
4 Beds
Avg:$4,450Median:$3,600Range:$3,600 – $5,300PSF:$3 / $3Sq Ft:2,100 / 2,100DOM:46 / 25New:0Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,379 | $1,395 | $450 – $2,750 | $3 / $3 | 428 / 447 | 80 / 1 | 22 | 174 |
| 1 Beds | $1,824 | $1,700 | $670 – $5,588 | $3 / $3 | 593 / 580 | 83 / 23 | 24 | 155 |
| 2 Beds | $2,989 | $2,610 | $1,317 – $8,500 | $3 / $3 | 946 / 890 | 53 / 1 | 25 | 90 |
| 3 Beds | $4,539 | $3,850 | $2,950 – $9,739 | $3 / $3 | 1,564 / 1,515 | 43 / 6 | 9 | 35 |
| 4 Beds | $4,450 | $3,600 | $3,600 – $5,300 | $3 / $3 | 2,100 / 2,100 | 46 / 25 | 0 | 2 |
6-Month Sales Trend
Oct 2025
Median Price:$799,900Median DOM:49New:54Total:232
Nov 2025
Median Price:$799,900Median DOM:58New:33Total:218
Dec 2025
Median Price:$800,000Median DOM:76New:20Total:188
Jan 2026
Median Price:$799,950Median DOM:67New:59Total:187
Feb 2026
Median Price:$799,950Median DOM:43New:40Total:188
Mar 2026
Median Price:$819,950Median DOM:41New:20Total:205
6-Month Rental Trend
Oct 2025
Median Rent:$1,775Median DOM:23New:145Total:441
Nov 2025
Median Rent:$1,725Median DOM:33New:120Total:428
Dec 2025
Median Rent:$1,675Median DOM:34New:134Total:419
Jan 2026
Median Rent:$1,695Median DOM:13New:143Total:453
Feb 2026
Median Rent:$1,695Median DOM:6New:130Total:450
Mar 2026
Median Rent:$1,695Median DOM:8New:80Total:456
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 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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