ZIP 98126 Housing Market Report

Northwest Seattle

Report period: August 2026

98126 Monthly Market Update – August 2026

ZIP 98126 · Last updated Aug 11, 2026 · Data range Mar 2026 – Aug 2026

Executive Snapshot

Median Sale Price
$725,000
−3.3%
Median DOM (Sales)
33
+3.1%
New Listings (Sales)
9
−75.0%
Median Rent
$1,895
−4.1%
Median DOM (Rental)
20
−16.7%
Total Rental Listings
89
+11.3%

Month-over-Month Movement

Median sale prices eased compared to last month. Days on market lengthened. Rents softened. Rental inventory expanded.

What's Moving Fastest

  • Fastest selling: Single Family (26 DOM)
  • Fastest renting: Condo (1 DOM)
  • Strongest bedroom: 6 Beds ($1,150,000 median)

Sales Market Overview

Median Price
$725,000
−3.3%
Median DOM
33
+3.1%
New Listings
9
−75.0%
Inventory
139
−2.1%
  • Average Price: $817,582
  • Median Price: $725,000
  • Price Range: $238,000 – $2,280,000
  • Price per Sq Ft (Avg/Median): $505 / $472
  • Square Footage (Avg/Median): 1,662 / 1,560
  • Square Footage Range: 615 – 3,710
  • Days on Market (Avg/Median): 48 / 33
  • Days on Market Range: 1 – 364
  • New Listings: 9
  • Total Listings: 139

Sales by Property Type

Condo
Avg/Median Price$610,673 / $515,000Range$238,000 – $1,350,000Price per Sq Ft$510 / $452Sq Ft1,159 / 1,050DOM55 / 33New2Total28
Land
Avg/Median Price$855,000 / $660,000Range$385,000 – $1,500,000Price per Sq FtSq FtDOM210 / 162New0Total4
Multi-Family
Avg/Median Price$795,000 / $795,000Range$795,000 – $795,000Price per Sq Ft$552 / $552Sq Ft1,440 / 1,440DOM42 / 42New0Total1
Single Family
Avg/Median Price$937,826 / $885,000Range$370,000 – $2,280,000Price per Sq Ft$513 / $495Sq Ft1,909 / 1,940DOM35 / 26New4Total79
Townhouse
Avg/Median Price$675,622 / $675,000Range$515,000 – $900,000Price per Sq Ft$472 / $449Sq Ft1,468 / 1,467DOM62 / 63New3Total27

Sales by Bedroom Count

1 Beds
Avg:$317,658Median:$289,950Range:$238,000 – $499,000PSF:$414 / $403Sq Ft:764 / 701DOM:51 / 33New:0Total:6
2 Beds
Avg:$600,796Median:$599,000Range:$327,500 – $1,350,000PSF:$540 / $517Sq Ft:1,141 / 1,112DOM:49 / 32New:4Total:43
3 Beds
Avg:$871,896Median:$831,250Range:$550,000 – $2,175,000PSF:$513 / $486Sq Ft:1,743 / 1,679DOM:34 / 26New:5Total:53
4 Beds
Avg:$1,089,943Median:$935,000Range:$699,950 – $2,280,000PSF:$468 / $444Sq Ft:2,317 / 2,240DOM:48 / 39New:0Total:30
5 Beds
Avg:$1,212,475Median:$929,950Range:$929,950 – $1,495,000PSF:$400 / $397Sq Ft:3,025 / 2,340DOM:72 / 45New:0Total:2
6 Beds
Avg:$1,150,000Median:$1,150,000Range:$1,150,000 – $1,150,000PSF:$412 / $412Sq Ft:2,790 / 2,790DOM:273 / 273New:0Total:1

Rental Market Overview

Median Rent
$1,895
−4.1%
Median DOM
20
−16.7%
New Listings
24
Inventory
89
+11.3%
  • Average Rent: $2,477
  • Median Rent: $1,895
  • Rent Range: $849 – $8,977
  • Rent per Sq Ft (Avg/Median): $3 / $3
  • Square Footage (Avg/Median): 864 / 750
  • Square Footage Range: 280 – 2,500
  • Days on Market (Avg/Median): 68 / 20
  • Days on Market Range: 1 – 314
  • New Listings: 24
  • Total Listings: 89

Rentals by Property Type

Apartment
$1,595
Median DOM: 57
Inventory: 54
MoM: −4.1%
Condo
$2,600
Median DOM: 1
Inventory: 11
MoM: −4.1%
Single Family
$3,750
Median DOM: 1
Inventory: 17
MoM: −4.1%
Townhouse
$3,295
Median DOM: 11
Inventory: 6
MoM: −4.1%
Apartment
Avg/Median Rent$1,836 / $1,595Range$849 – $8,977Rent per Sq Ft$3 / $3Sq Ft572 / 572DOM95 / 57New11Total54
Condo
Avg/Median Rent$2,785 / $2,600Range$1,450 – $4,350Rent per Sq Ft$3 / $3Sq Ft880 / 815DOM13 / 1New7Total11
Multi-Family
Avg/Median Rent$2,250 / $2,250Range$2,250 – $2,250Rent per Sq Ft$3 / $3Sq Ft800 / 800DOM26 / 26New0Total1
Single Family
Avg/Median Rent$3,758 / $3,750Range$2,495 – $5,500Rent per Sq Ft$3 / $2Sq Ft1,588 / 1,598DOM21 / 1New4Total17
Townhouse
Avg/Median Rent$4,094 / $3,295Range$3,200 – $6,320Rent per Sq Ft$3 / $3Sq Ft1,129 / 1,042DOM96 / 11New2Total6

Rentals by Bedroom Count

Studio
Avg:$1,317Median:$1,295Range:$849 – $1,795PSF:$4 / $4Sq Ft:367 / 320DOM:44 / 1New:9Total:20
1 Beds
Avg:$2,196Median:$1,750Range:$1,195 – $6,320PSF:$3 / $3Sq Ft:680 / 620DOM:97 / 80New:7Total:35
2 Beds
Avg:$2,849Median:$2,600Range:$1,799 – $5,051PSF:$3 / $3Sq Ft:1,032 / 1,040DOM:59 / 26New:5Total:20
3 Beds
Avg:$4,297Median:$3,750Range:$2,700 – $8,977PSF:$3 / $2Sq Ft:1,614 / 1,593DOM:45 / 10New:3Total:12
4 Beds
Avg:$4,385Median:$4,375Range:$4,375 – $4,395PSF:$2 / $2Sq Ft:2,030 / 1,980DOM:11 / 1New:0Total:2

6-Month Sales Trend

Mar 2026
Median Price:$714,950Median DOM:16New:47Total:112
Apr 2026
Median Price:$749,000Median DOM:23New:36Total:120
May 2026
Median Price:$749,999Median DOM:24New:58Total:143
Jun 2026
Median Price:$765,000Median DOM:22New:44Total:146
Jul 2026
Median Price:$749,950Median DOM:32New:36Total:142
Aug 2026
Median Price:$725,000Median DOM:33New:9Total:139

6-Month Rental Trend

Mar 2026
Median Rent:$1,925Median DOM:49New:16Total:58
Apr 2026
Median Rent:$1,900Median DOM:31New:19Total:68
May 2026
Median Rent:$1,900Median DOM:39New:18Total:72
Jun 2026
Median Rent:$1,899Median DOM:55New:19Total:71
Jul 2026
Median Rent:$1,975Median DOM:24New:32Total:80
Aug 2026
Median Rent:$1,895Median DOM:20New:24Total:89

Key Market Takeaways

Median sale prices softened this month while inventory compressed. Days on market lengthened, signaling slower buyer activity. Rental pricing eased, 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.

← Back to Northwest Seattle