ZIP 98125 Housing Market Report

Northwest Seattle

Report period: May 2026

98125 Monthly Market Update – May 2026

ZIP 98125 · Last updated May 12, 2026 · Data range Dec 2025 – May 2026

Executive Snapshot

Median Sale Price
$749,950
−0.0%
Median DOM (Sales)
26
−3.7%
New Listings (Sales)
23
−67.1%
Median Rent
$1,650
+1.5%
Median DOM (Rental)
22
−29.0%
Total Rental Listings
215
+2.9%

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: Single Family (13 DOM)
  • Fastest renting: Condo (1 DOM)
  • Strongest bedroom: 7 Beds ($1,280,000 median)

Sales Market Overview

Median Price
$749,950
−0.0%
Median DOM
26
−3.7%
New Listings
23
−67.1%
Inventory
219
+3.3%
  • Average Price: $895,433
  • Median Price: $749,950
  • Price Range: $150,000 – $8,300,000
  • Price per Sq Ft (Avg/Median): $505 / $496
  • Square Footage (Avg/Median): 1,768 / 1,500
  • Square Footage Range: 541 – 6,416
  • Days on Market (Avg/Median): 46 / 26
  • Days on Market Range: 1 – 315
  • New Listings: 23
  • Total Listings: 219

Sales by Property Type

Condo
Avg/Median Price$527,393 / $369,950Range$239,500 – $1,448,000Price per Sq Ft$440 / $400Sq Ft1,204 / 1,043DOM64 / 47New5Total57
Land
Avg/Median Price$1,468,056 / $465,000Range$150,000 – $8,300,000Price per Sq FtSq FtDOM97 / 82New0Total9
Multi-Family
Avg/Median Price$1,163,738 / $1,099,950Range$1,025,000 – $1,280,000Price per Sq Ft$301 / $240Sq Ft4,334 / 3,440DOM102 / 76New0Total4
Single Family
Avg/Median Price$1,078,511 / $924,950Range$525,000 – $4,649,000Price per Sq Ft$546 / $525Sq Ft2,057 / 1,920DOM31 / 13New16Total115
Townhouse
Avg/Median Price$710,063 / $649,780Range$439,000 – $1,299,950Price per Sq Ft$500 / $500Sq Ft1,437 / 1,317DOM47 / 34New2Total34

Sales by Bedroom Count

1 Beds
Avg:$319,103Median:$290,000Range:$239,500 – $640,000PSF:$416 / $425Sq Ft:782 / 700DOM:54 / 26New:2Total:17
2 Beds
Avg:$580,616Median:$599,999Range:$298,000 – $2,100,000PSF:$503 / $442Sq Ft:1,194 / 1,082DOM:52 / 32New:5Total:56
3 Beds
Avg:$814,182Median:$764,950Range:$450,000 – $1,440,000PSF:$537 / $525Sq Ft:1,561 / 1,440DOM:34 / 14New:7Total:70
4 Beds
Avg:$1,219,444Median:$1,194,950Range:$674,000 – $3,300,000PSF:$509 / $505Sq Ft:2,399 / 2,431DOM:45 / 13New:7Total:45
5 Beds
Avg:$1,583,144Median:$1,249,000Range:$849,000 – $4,649,000PSF:$528 / $462Sq Ft:2,884 / 2,482DOM:36 / 20New:1Total:16
6 Beds
Avg:$1,304,988Median:$1,025,000Range:$849,950 – $1,995,000PSF:$346 / $298Sq Ft:4,069 / 3,440DOM:44 / 6New:1Total:4
7 Beds
Avg:$1,280,000Median:$1,280,000Range:$1,280,000 – $1,280,000PSF:$240 / $240Sq Ft:5,334 / 5,334DOM:44 / 44New:0Total:1
8 Beds
Avg:$1,250,000Median:$1,250,000Range:$1,250,000 – $1,250,000PSF:$202 / $202Sq Ft:6,184 / 6,184DOM:188 / 188New:0Total:1

Rental Market Overview

Median Rent
$1,650
+1.5%
Median DOM
22
−29.0%
New Listings
40
Inventory
215
+2.9%
  • Average Rent: $2,103
  • Median Rent: $1,650
  • Rent Range: $645 – $8,250
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 942 / 723
  • Square Footage Range: 261 – 4,919
  • Days on Market (Avg/Median): 76 / 22
  • Days on Market Range: 1 – 362
  • New Listings: 40
  • Total Listings: 215

Rentals by Property Type

Apartment
$1,495
Median DOM: 53
Inventory: 147
MoM: +1.5%
Condo
$2,500
Median DOM: 1
Inventory: 5
MoM: +1.5%
Single Family
$3,100
Median DOM: 1
Inventory: 51
MoM: +1.5%
Townhouse
$3,000
Median DOM: 1
Inventory: 10
MoM: +1.5%
Apartment
Avg/Median Rent$1,644 / $1,495Range$645 – $6,298Rent per Sq Ft$2 / $2Sq Ft710 / 650DOM98 / 53New21Total147
Condo
Avg/Median Rent$2,385 / $2,500Range$1,275 – $3,250Rent per Sq Ft$2 / $2Sq Ft1,072 / 1,150DOM4 / 1New1Total5
Multi-Family
Avg/Median Rent$2,475 / $2,450Range$2,450 – $2,500Rent per Sq Ft$2 / $2Sq Ft1,175 / 1,000DOM39 / 3New1Total2
Single Family
Avg/Median Rent$3,181 / $3,100Range$850 – $8,250Rent per Sq Ft$2 / $2Sq Ft1,508 / 1,500DOM39 / 1New15Total51
Townhouse
Avg/Median Rent$3,144 / $3,000Range$2,395 – $3,900Rent per Sq Ft$2 / $2Sq Ft1,450 / 1,460DOM66 / 1New2Total10

Rentals by Bedroom Count

Studio
Avg:$1,294Median:$1,263Range:$645 – $3,000PSF:$3 / $3Sq Ft:499 / 460DOM:111 / 53New:2Total:27
1 Beds
Avg:$1,492Median:$1,450Range:$850 – $2,095PSF:$2 / $2Sq Ft:633 / 625DOM:98 / 47New:17Total:92
2 Beds
Avg:$2,278Median:$2,095Range:$1,465 – $6,250PSF:$2 / $2Sq Ft:988 / 900DOM:67 / 36New:12Total:58
3 Beds
Avg:$3,470Median:$3,295Range:$2,650 – $6,298PSF:$2 / $2Sq Ft:1,686 / 1,580DOM:47 / 1New:7Total:27
4 Beds
Avg:$4,932Median:$3,900Range:$3,200 – $8,250PSF:$2 / $2Sq Ft:2,511 / 2,696DOM:8 / 1New:2Total:10
5 Beds
Avg:$4,850Median:$4,850Range:$4,850 – $4,850PSF:$2 / $2Sq Ft:3,025 / 3,025DOM:1 / 1New:0Total:1

6-Month Sales Trend

Dec 2025
Median Price:$724,950Median DOM:59New:14Total:139
Jan 2026
Median Price:$724,000Median DOM:57New:44Total:133
Feb 2026
Median Price:$725,000Median DOM:28New:57Total:155
Mar 2026
Median Price:$749,900Median DOM:25New:66Total:184
Apr 2026
Median Price:$750,000Median DOM:27New:70Total:212
May 2026
Median Price:$749,950Median DOM:26New:23Total:219

6-Month Rental Trend

Dec 2025
Median Rent:$1,665Median DOM:36New:54Total:188
Jan 2026
Median Rent:$1,694Median DOM:45New:51Total:187
Feb 2026
Median Rent:$1,600Median DOM:23New:63Total:200
Mar 2026
Median Rent:$1,600Median DOM:40New:52Total:195
Apr 2026
Median Rent:$1,625Median DOM:31New:60Total:209
May 2026
Median Rent:$1,650Median DOM:22New:40Total:215

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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