ZIP 98126 Housing Market Report
Northwest Seattle
Report period: May 2026
98126 Monthly Market Update – May 2026
ZIP 98126 · Last updated May 12, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$749,950
+0.1%
Median DOM (Sales)
19
−17.4%
New Listings (Sales)
21
−41.7%
Median Rent
$1,900
0.0%
Median DOM (Rental)
24
−22.6%
Total Rental Listings
75
+10.3%
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 (11 DOM)
- Fastest renting: Condo (1 DOM)
- Strongest bedroom: 8 Beds ($2,480,000 median)
Sales Market Overview
Median Price
$749,950
+0.1%
Median DOM
19
−17.4%
New Listings
21
−41.7%
Inventory
134
+11.7%
- Average Price: $838,180
- Median Price: $749,950
- Price Range: $269,950 – $2,800,000
- Price per Sq Ft (Avg/Median): $537 / $515
- Square Footage (Avg/Median): 1,579 / 1,414
- Square Footage Range: 555 – 4,436
- Days on Market (Avg/Median): 41 / 19
- Days on Market Range: 2 – 343
- New Listings: 21
- Total Listings: 134
Sales by Property Type
Condo
Avg/Median Price$578,039 / $399,000Range$269,950 – $2,650,000Price per Sq Ft$495 / $439Sq Ft1,082 / 1,014DOM71 / 54New2Total22
Land
Avg/Median Price$1,221,200 / $700,000Range$385,000 – $2,800,000Price per Sq Ft—Sq Ft—DOM175 / 71New0Total4
Multi-Family
Avg/Median Price$2,480,000 / $2,480,000Range$2,480,000 – $2,480,000Price per Sq Ft$559 / $559Sq Ft4,436 / 4,436DOM29 / 29New0Total1
Single Family
Avg/Median Price$905,346 / $795,795Range$425,000 – $2,395,000Price per Sq Ft$564 / $564Sq Ft1,691 / 1,450DOM26 / 11New16Total78
Townhouse
Avg/Median Price$745,429 / $749,900Range$510,000 – $1,550,000Price per Sq Ft$496 / $441Sq Ft1,557 / 1,460DOM42 / 29New3Total29
Sales by Bedroom Count
Studio
Avg:$425,000Median:$425,000Range:$425,000 – $425,000PSF:$574 / $574Sq Ft:740 / 740DOM:56 / 56New:0Total:1
1 Beds
Avg:$339,135Median:$309,000Range:$269,950 – $575,000PSF:$479 / $465Sq Ft:708 / 642DOM:54 / 55New:2Total:7
2 Beds
Avg:$611,151Median:$595,000Range:$310,000 – $1,375,000PSF:$558 / $529Sq Ft:1,138 / 1,050DOM:45 / 23New:3Total:50
3 Beds
Avg:$929,736Median:$779,000Range:$580,000 – $2,650,000PSF:$567 / $580Sq Ft:1,663 / 1,453DOM:31 / 16New:9Total:37
4 Beds
Avg:$973,147Median:$850,000Range:$730,000 – $1,470,000PSF:$476 / $444Sq Ft:2,065 / 1,990DOM:23 / 11New:6Total:24
5 Beds
Avg:$1,409,889Median:$1,115,000Range:$950,000 – $2,395,000PSF:$513 / $514Sq Ft:2,704 / 2,530DOM:19 / 12New:1Total:9
6 Beds
Avg:$1,150,000Median:$1,150,000Range:$1,150,000 – $1,150,000PSF:$412 / $412Sq Ft:2,790 / 2,790DOM:182 / 182New:0Total:1
8 Beds
Avg:$2,480,000Median:$2,480,000Range:$2,480,000 – $2,480,000PSF:$559 / $559Sq Ft:4,436 / 4,436DOM:29 / 29New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $425,000 | $425,000 | $425,000 – $425,000 | $574 / $574 | 740 / 740 | 56 / 56 | 0 | 1 |
| 1 Beds | $339,135 | $309,000 | $269,950 – $575,000 | $479 / $465 | 708 / 642 | 54 / 55 | 2 | 7 |
| 2 Beds | $611,151 | $595,000 | $310,000 – $1,375,000 | $558 / $529 | 1,138 / 1,050 | 45 / 23 | 3 | 50 |
| 3 Beds | $929,736 | $779,000 | $580,000 – $2,650,000 | $567 / $580 | 1,663 / 1,453 | 31 / 16 | 9 | 37 |
| 4 Beds | $973,147 | $850,000 | $730,000 – $1,470,000 | $476 / $444 | 2,065 / 1,990 | 23 / 11 | 6 | 24 |
| 5 Beds | $1,409,889 | $1,115,000 | $950,000 – $2,395,000 | $513 / $514 | 2,704 / 2,530 | 19 / 12 | 1 | 9 |
| 6 Beds | $1,150,000 | $1,150,000 | $1,150,000 – $1,150,000 | $412 / $412 | 2,790 / 2,790 | 182 / 182 | 0 | 1 |
| 8 Beds | $2,480,000 | $2,480,000 | $2,480,000 – $2,480,000 | $559 / $559 | 4,436 / 4,436 | 29 / 29 | 0 | 1 |
Rental Market Overview
Median Rent
$1,900
0.0%
Median DOM
24
−22.6%
New Listings
14
Inventory
75
+10.3%
- Average Rent: $2,510
- Median Rent: $1,900
- Rent Range: $799 – $9,091
- Rent per Sq Ft (Avg/Median): $3 / $3
- Square Footage (Avg/Median): 915 / 768
- Square Footage Range: 318 – 3,600
- Days on Market (Avg/Median): 71 / 24
- Days on Market Range: 1 – 338
- New Listings: 14
- Total Listings: 75
Rentals by Property Type
Apartment
$1,750
Median DOM: 43
Inventory: 47
MoM: 0.0%
Condo
$1,895
Median DOM: 1
Inventory: 7
MoM: 0.0%
Single Family
$2,800
Median DOM: 9
Inventory: 12
MoM: 0.0%
Townhouse
$3,295
Median DOM: 40
Inventory: 5
MoM: 0.0%
Apartment
Avg/Median Rent$2,180 / $1,750Range$799 – $9,091Rent per Sq Ft$3 / $3Sq Ft695 / 699DOM83 / 43New10Total47
Condo
Avg/Median Rent$2,461 / $1,895Range$1,595 – $4,995Rent per Sq Ft$2 / $2Sq Ft795 / 900DOM56 / 1New1Total7
Multi-Family
Avg/Median Rent$2,860 / $1,995Range$1,995 – $4,200Rent per Sq Ft$2 / $2Sq Ft1,810 / 1,470DOM80 / 9New1Total4
Single Family
Avg/Median Rent$3,292 / $2,800Range$1,595 – $7,500Rent per Sq Ft$3 / $2Sq Ft1,461 / 1,101DOM24 / 9New1Total12
Townhouse
Avg/Median Rent$3,527 / $3,295Range$2,795 – $4,347Rent per Sq Ft$3 / $2Sq Ft1,184 / 1,164DOM96 / 40New1Total5
Rentals by Bedroom Count
Studio
Avg:$1,312Median:$1,345Range:$799 – $1,875PSF:$4 / $4Sq Ft:390 / 318DOM:78 / 1New:2Total:8
1 Beds
Avg:$1,936Median:$1,741Range:$1,450 – $4,347PSF:$3 / $3Sq Ft:648 / 620DOM:74 / 27New:9Total:34
2 Beds
Avg:$2,752Median:$2,500Range:$1,700 – $5,759PSF:$3 / $2Sq Ft:1,085 / 900DOM:61 / 20New:3Total:27
3 Beds
Avg:$6,031Median:$6,063Range:$2,495 – $9,091PSF:$2 / $2Sq Ft:1,869 / 2,040DOM:107 / 53New:0Total:5
4 Beds
Avg:$7,500Median:$7,500Range:$7,500 – $7,500PSF:$2 / $2Sq Ft:3,600 / 3,600DOM:1 / 1New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,312 | $1,345 | $799 – $1,875 | $4 / $4 | 390 / 318 | 78 / 1 | 2 | 8 |
| 1 Beds | $1,936 | $1,741 | $1,450 – $4,347 | $3 / $3 | 648 / 620 | 74 / 27 | 9 | 34 |
| 2 Beds | $2,752 | $2,500 | $1,700 – $5,759 | $3 / $2 | 1,085 / 900 | 61 / 20 | 3 | 27 |
| 3 Beds | $6,031 | $6,063 | $2,495 – $9,091 | $2 / $2 | 1,869 / 2,040 | 107 / 53 | 0 | 5 |
| 4 Beds | $7,500 | $7,500 | $7,500 – $7,500 | $2 / $2 | 3,600 / 3,600 | 1 / 1 | 0 | 1 |
6-Month Sales Trend
Dec 2025
Median Price:$749,990Median DOM:68New:11Total:82
Jan 2026
Median Price:$715,000Median DOM:56New:25Total:83
Feb 2026
Median Price:$699,000Median DOM:17New:33Total:96
Mar 2026
Median Price:$714,950Median DOM:16New:47Total:112
Apr 2026
Median Price:$749,000Median DOM:23New:36Total:120
May 2026
Median Price:$749,950Median DOM:19New:21Total:134
6-Month Rental Trend
Dec 2025
Median Rent:$2,100Median DOM:35New:24Total:76
Jan 2026
Median Rent:$2,200Median DOM:26New:18Total:70
Feb 2026
Median Rent:$2,195Median DOM:39New:13Total:67
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:24New:14Total:75
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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