ZIP 98122 Housing Market Report
Northwest Seattle
Report period: July 2026
98122 Monthly Market Update – July 2026
ZIP 98122 · Last updated Jul 12, 2026 · Data range Feb 2026 – Jul 2026
Executive Snapshot
Median Sale Price
$835,000
−1.8%
Median DOM (Sales)
37
+12.1%
New Listings (Sales)
22
−69.9%
Median Rent
$1,795
+1.6%
Median DOM (Rental)
13
−31.6%
Total Rental Listings
419
+6.9%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market lengthened. Rents moved higher. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Single Family (23 DOM)
- Fastest renting: Condo (1 DOM)
- Strongest bedroom: 8 Beds ($2,075,000 median)
Sales Market Overview
Median Price
$835,000
−1.8%
Median DOM
37
+12.1%
New Listings
22
−69.9%
Inventory
230
0.0%
- Average Price: $965,436
- Median Price: $835,000
- Price Range: $210,000 – $3,745,000
- Price per Sq Ft (Avg/Median): $602 / $590
- Square Footage (Avg/Median): 1,613 / 1,418
- Square Footage Range: 330 – 5,909
- Days on Market (Avg/Median): 58 / 37
- Days on Market Range: 2 – 330
- New Listings: 22
- Total Listings: 230
Sales by Property Type
Condo
Avg/Median Price$486,334 / $410,000Range$210,000 – $1,399,999Price per Sq Ft$599 / $581Sq Ft814 / 730DOM70 / 51New12Total74
Land
Avg/Median Price$908,750 / $850,000Range$215,000 – $1,700,000Price per Sq Ft—Sq Ft—DOM64 / 31New2Total8
Multi-Family
Avg/Median Price$1,521,536 / $1,495,000Range$875,000 – $2,500,000Price per Sq Ft$526 / $548Sq Ft3,107 / 2,940DOM83 / 71New0Total11
Single Family
Avg/Median Price$1,457,961 / $1,195,000Range$499,500 – $3,745,000Price per Sq Ft$616 / $589Sq Ft2,353 / 2,160DOM45 / 23New4Total71
Townhouse
Avg/Median Price$886,961 / $830,000Range$394,000 – $2,420,000Price per Sq Ft$604 / $613Sq Ft1,465 / 1,418DOM55 / 38New4Total66
Sales by Bedroom Count
Studio
Avg:$268,655Median:$265,000Range:$210,000 – $340,000PSF:$581 / $587Sq Ft:468 / 480DOM:79 / 52New:2Total:9
1 Beds
Avg:$441,199Median:$357,900Range:$250,000 – $1,699,000PSF:$591 / $573Sq Ft:782 / 660DOM:71 / 60New:7Total:44
2 Beds
Avg:$761,130Median:$699,950Range:$394,000 – $2,650,000PSF:$625 / $618Sq Ft:1,215 / 1,102DOM:61 / 37New:6Total:59
3 Beds
Avg:$1,069,268Median:$945,500Range:$616,550 – $2,575,000PSF:$598 / $598Sq Ft:1,783 / 1,670DOM:47 / 27New:3Total:63
4 Beds
Avg:$1,669,792Median:$1,350,000Range:$699,900 – $3,745,000PSF:$621 / $613Sq Ft:2,651 / 2,440DOM:42 / 24New:2Total:30
5 Beds
Avg:$1,870,125Median:$1,795,000Range:$1,080,000 – $2,747,000PSF:$582 / $548Sq Ft:3,159 / 3,080DOM:34 / 24New:0Total:8
6 Beds
Avg:$1,578,486Median:$1,495,000Range:$725,000 – $2,799,500PSF:$525 / $548Sq Ft:2,974 / 2,940DOM:123 / 74New:0Total:7
8 Beds
Avg:$2,287,500Median:$2,075,000Range:$2,075,000 – $2,500,000PSF:$484 / $351Sq Ft:4,980 / 4,051DOM:30 / 12New:0Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $268,655 | $265,000 | $210,000 – $340,000 | $581 / $587 | 468 / 480 | 79 / 52 | 2 | 9 |
| 1 Beds | $441,199 | $357,900 | $250,000 – $1,699,000 | $591 / $573 | 782 / 660 | 71 / 60 | 7 | 44 |
| 2 Beds | $761,130 | $699,950 | $394,000 – $2,650,000 | $625 / $618 | 1,215 / 1,102 | 61 / 37 | 6 | 59 |
| 3 Beds | $1,069,268 | $945,500 | $616,550 – $2,575,000 | $598 / $598 | 1,783 / 1,670 | 47 / 27 | 3 | 63 |
| 4 Beds | $1,669,792 | $1,350,000 | $699,900 – $3,745,000 | $621 / $613 | 2,651 / 2,440 | 42 / 24 | 2 | 30 |
| 5 Beds | $1,870,125 | $1,795,000 | $1,080,000 – $2,747,000 | $582 / $548 | 3,159 / 3,080 | 34 / 24 | 0 | 8 |
| 6 Beds | $1,578,486 | $1,495,000 | $725,000 – $2,799,500 | $525 / $548 | 2,974 / 2,940 | 123 / 74 | 0 | 7 |
| 8 Beds | $2,287,500 | $2,075,000 | $2,075,000 – $2,500,000 | $484 / $351 | 4,980 / 4,051 | 30 / 12 | 0 | 2 |
Rental Market Overview
Median Rent
$1,795
+1.6%
Median DOM
13
−31.6%
New Listings
86
Inventory
419
+6.9%
- Average Rent: $2,145
- Median Rent: $1,795
- Rent Range: $723 – $9,196
- Rent per Sq Ft (Avg/Median): $3 / $3
- Square Footage (Avg/Median): 686 / 569
- Square Footage Range: 250 – 3,000
- Days on Market (Avg/Median): 75 / 13
- Days on Market Range: 1 – 358
- New Listings: 86
- Total Listings: 419
Rentals by Property Type
Apartment
$1,625
Median DOM: 62
Inventory: 298
MoM: +1.6%
Condo
$2,195
Median DOM: 1
Inventory: 31
MoM: +1.6%
Single Family
$1,867
Median DOM: 1
Inventory: 61
MoM: +1.6%
Townhouse
$4,200
Median DOM: 3
Inventory: 26
MoM: +1.6%
Apartment
Avg/Median Rent$1,782 / $1,625Range$723 – $9,196Rent per Sq Ft$3 / $3Sq Ft574 / 528DOM105 / 62New40Total298
Condo
Avg/Median Rent$2,454 / $2,195Range$1,295 – $8,500Rent per Sq Ft$3 / $3Sq Ft708 / 664DOM16 / 1New11Total31
Multi-Family
Avg/Median Rent$2,650 / $2,150Range$1,850 – $3,950Rent per Sq Ft$3 / $3Sq Ft977 / 780DOM21 / 15New0Total3
Single Family
Avg/Median Rent$2,639 / $1,867Range$1,275 – $6,000Rent per Sq Ft$3 / $3Sq Ft978 / 669DOM7 / 1New25Total61
Townhouse
Avg/Median Rent$4,711 / $4,200Range$2,750 – $7,704Rent per Sq Ft$3 / $3Sq Ft1,321 / 1,250DOM111 / 3New10Total26
Rentals by Bedroom Count
Studio
Avg:$1,418Median:$1,395Range:$723 – $4,500PSF:$4 / $3Sq Ft:432 / 440DOM:92 / 21New:24Total:159
1 Beds
Avg:$1,914Median:$1,795Range:$775 – $4,739PSF:$3 / $3Sq Ft:595 / 600DOM:80 / 38New:26Total:151
2 Beds
Avg:$3,105Median:$2,599Range:$1,850 – $8,500PSF:$3 / $3Sq Ft:982 / 950DOM:58 / 3New:26Total:77
3 Beds
Avg:$4,587Median:$4,295Range:$2,550 – $9,196PSF:$3 / $3Sq Ft:1,553 / 1,514DOM:61 / 5New:8Total:25
4 Beds
Avg:$4,078Median:$3,695Range:$3,195 – $5,075PSF:$2 / $2Sq Ft:1,709 / 1,400DOM:10 / 2New:2Total:6
5 Beds
Avg:$5,999Median:$5,999Range:$5,999 – $5,999PSF:$2 / $2Sq Ft:3,000 / 3,000DOM:1 / 1New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,418 | $1,395 | $723 – $4,500 | $4 / $3 | 432 / 440 | 92 / 21 | 24 | 159 |
| 1 Beds | $1,914 | $1,795 | $775 – $4,739 | $3 / $3 | 595 / 600 | 80 / 38 | 26 | 151 |
| 2 Beds | $3,105 | $2,599 | $1,850 – $8,500 | $3 / $3 | 982 / 950 | 58 / 3 | 26 | 77 |
| 3 Beds | $4,587 | $4,295 | $2,550 – $9,196 | $3 / $3 | 1,553 / 1,514 | 61 / 5 | 8 | 25 |
| 4 Beds | $4,078 | $3,695 | $3,195 – $5,075 | $2 / $2 | 1,709 / 1,400 | 10 / 2 | 2 | 6 |
| 5 Beds | $5,999 | $5,999 | $5,999 – $5,999 | $2 / $2 | 3,000 / 3,000 | 1 / 1 | 0 | 1 |
6-Month Sales Trend
Feb 2026
Median Price:$799,950Median DOM:43New:40Total:188
Mar 2026
Median Price:$799,950Median DOM:36New:63Total:199
Apr 2026
Median Price:$789,000Median DOM:40New:57Total:213
May 2026
Median Price:$810,000Median DOM:39New:64Total:228
Jun 2026
Median Price:$849,900Median DOM:33New:73Total:230
Jul 2026
Median Price:$835,000Median DOM:37New:22Total:230
6-Month Rental Trend
Feb 2026
Median Rent:$1,695Median DOM:6New:130Total:450
Mar 2026
Median Rent:$1,695Median DOM:8New:113Total:438
Apr 2026
Median Rent:$1,695Median DOM:24New:100Total:415
May 2026
Median Rent:$1,767Median DOM:20New:99Total:395
Jun 2026
Median Rent:$1,767Median DOM:19New:102Total:392
Jul 2026
Median Rent:$1,795Median DOM:13New:86Total:419
Key Market Takeaways
Median sale prices softened this month while inventory remained stable. Days on market lengthened, signaling slower 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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