ZIP 98122 Housing Market Report
Northwest Seattle
Report period: August 2026
98122 Monthly Market Update – August 2026
ZIP 98122 · Last updated Aug 11, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$799,950
0.0%
Median DOM (Sales)
43
+16.2%
New Listings (Sales)
16
−69.8%
Median Rent
$1,795
0.0%
Median DOM (Rental)
7
−22.2%
Total Rental Listings
451
+4.9%
Month-over-Month Movement
Median sale prices were flat. Days on market lengthened. Rents were stable. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Single Family (30 DOM)
- Fastest renting: Condo (1 DOM)
- Strongest bedroom: 8 Beds ($2,500,000 median)
Sales Market Overview
Median Price
$799,950
0.0%
Median DOM
43
+16.2%
New Listings
16
−69.8%
Inventory
220
−1.3%
- Average Price: $949,455
- Median Price: $799,950
- Price Range: $205,000 – $3,745,000
- Price per Sq Ft (Avg/Median): $599 / $597
- Square Footage (Avg/Median): 1,621 / 1,410
- Square Footage Range: 330 – 5,496
- Days on Market (Avg/Median): 63 / 43
- Days on Market Range: 1 – 360
- New Listings: 16
- Total Listings: 220
Sales by Property Type
Condo
Avg/Median Price$465,771 / $399,950Range$210,000 – $1,399,999Price per Sq Ft$597 / $583Sq Ft792 / 696DOM75 / 48New5Total70
Land
Avg/Median Price$794,286 / $850,000Range$205,000 – $1,600,000Price per Sq Ft—Sq Ft—DOM92 / 61New0Total7
Multi-Family
Avg/Median Price$1,422,654 / $1,400,000Range$725,000 – $2,500,000Price per Sq Ft$522 / $548Sq Ft2,979 / 2,730DOM117 / 86New0Total12
Single Family
Avg/Median Price$1,473,064 / $1,195,000Range$499,500 – $3,745,000Price per Sq Ft$611 / $602Sq Ft2,426 / 2,280DOM50 / 30New4Total65
Townhouse
Avg/Median Price$877,201 / $800,000Range$424,000 – $2,420,000Price per Sq Ft$603 / $614Sq Ft1,458 / 1,418DOM50 / 37New7Total66
Sales by Bedroom Count
Studio
Avg:$260,778Median:$249,000Range:$210,000 – $340,000PSF:$574 / $587Sq Ft:460 / 480DOM:101 / 86New:1Total:9
1 Beds
Avg:$429,359Median:$360,000Range:$255,000 – $1,699,000PSF:$602 / $583Sq Ft:764 / 653DOM:75 / 48New:2Total:40
2 Beds
Avg:$760,516Median:$699,000Range:$399,000 – $2,650,000PSF:$623 / $616Sq Ft:1,218 / 1,102DOM:61 / 43New:3Total:63
3 Beds
Avg:$1,048,162Median:$938,000Range:$616,550 – $2,575,000PSF:$589 / $579Sq Ft:1,812 / 1,640DOM:46 / 37New:7Total:55
4 Beds
Avg:$1,695,615Median:$1,349,900Range:$699,900 – $3,745,000PSF:$616 / $613Sq Ft:2,684 / 2,440DOM:50 / 30New:2Total:27
5 Beds
Avg:$1,984,000Median:$1,995,000Range:$1,080,000 – $2,647,000PSF:$592 / $641Sq Ft:3,293 / 3,470DOM:36 / 31New:1Total:9
6 Beds
Avg:$1,262,488Median:$1,259,900Range:$725,000 – $1,500,000PSF:$424 / $429Sq Ft:3,136 / 2,666DOM:127 / 75New:0Total:8
7 Beds
Avg:$1,999,950Median:$1,999,950Range:$1,999,950 – $1,999,950PSF:$718 / $718Sq Ft:2,785 / 2,785DOM:14 / 14New:0Total:1
8 Beds
Avg:$2,500,000Median:$2,500,000Range:$2,500,000 – $2,500,000PSF:$617 / $617Sq Ft:4,051 / 4,051DOM:77 / 77New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $260,778 | $249,000 | $210,000 – $340,000 | $574 / $587 | 460 / 480 | 101 / 86 | 1 | 9 |
| 1 Beds | $429,359 | $360,000 | $255,000 – $1,699,000 | $602 / $583 | 764 / 653 | 75 / 48 | 2 | 40 |
| 2 Beds | $760,516 | $699,000 | $399,000 – $2,650,000 | $623 / $616 | 1,218 / 1,102 | 61 / 43 | 3 | 63 |
| 3 Beds | $1,048,162 | $938,000 | $616,550 – $2,575,000 | $589 / $579 | 1,812 / 1,640 | 46 / 37 | 7 | 55 |
| 4 Beds | $1,695,615 | $1,349,900 | $699,900 – $3,745,000 | $616 / $613 | 2,684 / 2,440 | 50 / 30 | 2 | 27 |
| 5 Beds | $1,984,000 | $1,995,000 | $1,080,000 – $2,647,000 | $592 / $641 | 3,293 / 3,470 | 36 / 31 | 1 | 9 |
| 6 Beds | $1,262,488 | $1,259,900 | $725,000 – $1,500,000 | $424 / $429 | 3,136 / 2,666 | 127 / 75 | 0 | 8 |
| 7 Beds | $1,999,950 | $1,999,950 | $1,999,950 – $1,999,950 | $718 / $718 | 2,785 / 2,785 | 14 / 14 | 0 | 1 |
| 8 Beds | $2,500,000 | $2,500,000 | $2,500,000 – $2,500,000 | $617 / $617 | 4,051 / 4,051 | 77 / 77 | 0 | 1 |
Rental Market Overview
Median Rent
$1,795
0.0%
Median DOM
7
−22.2%
New Listings
89
Inventory
451
+4.9%
- Average Rent: $2,159
- Median Rent: $1,795
- Rent Range: $723 – $9,196
- Rent per Sq Ft (Avg/Median): $3 / $3
- Square Footage (Avg/Median): 705 / 588
- Square Footage Range: 250 – 3,160
- Days on Market (Avg/Median): 71 / 7
- Days on Market Range: 1 – 365
- New Listings: 89
- Total Listings: 451
Rentals by Property Type
Apartment
$1,695
Median DOM: 41
Inventory: 323
MoM: 0.0%
Condo
$2,295
Median DOM: 1
Inventory: 31
MoM: 0.0%
Single Family
$1,895
Median DOM: 1
Inventory: 61
MoM: 0.0%
Townhouse
$3,995
Median DOM: 3
Inventory: 31
MoM: 0.0%
Apartment
Avg/Median Rent$1,788 / $1,695Range$723 – $9,196Rent per Sq Ft$3 / $3Sq Ft577 / 540DOM100 / 41New37Total323
Condo
Avg/Median Rent$2,605 / $2,295Range$1,395 – $8,500Rent per Sq Ft$3 / $3Sq Ft753 / 689DOM14 / 1New9Total31
Multi-Family
Avg/Median Rent$2,902 / $2,840Range$1,975 – $3,950Rent per Sq Ft$3 / $3Sq Ft897 / 780DOM12 / 7New2Total5
Single Family
Avg/Median Rent$2,738 / $1,895Range$1,350 – $6,000Rent per Sq Ft$3 / $3Sq Ft1,007 / 719DOM4 / 1New35Total61
Townhouse
Avg/Median Rent$4,317 / $3,995Range$2,350 – $7,704Rent per Sq Ft$3 / $3Sq Ft1,351 / 1,372DOM71 / 3New6Total31
Rentals by Bedroom Count
Studio
Avg:$1,451Median:$1,395Range:$723 – $4,500PSF:$4 / $3Sq Ft:437 / 440DOM:98 / 18New:24Total:156
1 Beds
Avg:$1,860Median:$1,795Range:$750 – $4,739PSF:$3 / $3Sq Ft:588 / 588DOM:82 / 16New:33Total:171
2 Beds
Avg:$2,952Median:$2,599Range:$1,850 – $8,500PSF:$3 / $3Sq Ft:961 / 903DOM:35 / 1New:18Total:77
3 Beds
Avg:$4,282Median:$4,025Range:$2,395 – $9,196PSF:$3 / $3Sq Ft:1,432 / 1,418DOM:49 / 3New:9Total:37
4 Beds
Avg:$4,336Median:$4,000Range:$3,195 – $5,650PSF:$2 / $2Sq Ft:1,929 / 1,780DOM:10 / 1New:5Total:10
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,451 | $1,395 | $723 – $4,500 | $4 / $3 | 437 / 440 | 98 / 18 | 24 | 156 |
| 1 Beds | $1,860 | $1,795 | $750 – $4,739 | $3 / $3 | 588 / 588 | 82 / 16 | 33 | 171 |
| 2 Beds | $2,952 | $2,599 | $1,850 – $8,500 | $3 / $3 | 961 / 903 | 35 / 1 | 18 | 77 |
| 3 Beds | $4,282 | $4,025 | $2,395 – $9,196 | $3 / $3 | 1,432 / 1,418 | 49 / 3 | 9 | 37 |
| 4 Beds | $4,336 | $4,000 | $3,195 – $5,650 | $2 / $2 | 1,929 / 1,780 | 10 / 1 | 5 | 10 |
6-Month Sales Trend
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:$799,950Median DOM:37New:53Total:223
Aug 2026
Median Price:$799,950Median DOM:43New:16Total:220
6-Month Rental Trend
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:9New:139Total:430
Aug 2026
Median Rent:$1,795Median DOM:7New:89Total:451
Key Market Takeaways
Median sale prices held steady this month while inventory compressed. Days on market lengthened, signaling slower 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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