ZIP 98146 Housing Market Report

Northwest Seattle

Report period: August 2026

98146 Monthly Market Update – August 2026

ZIP 98146 · Last updated Aug 11, 2026 · Data range Mar 2026 – Aug 2026

Executive Snapshot

Median Sale Price
$675,000
−1.5%
Median DOM (Sales)
33
−2.9%
New Listings (Sales)
6
−83.8%
Median Rent
$1,900
−7.3%
Median DOM (Rental)
45
0.0%
Total Rental Listings
55
−8.3%

Month-over-Month Movement

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

What's Moving Fastest

  • Fastest selling: Multi-Family (9 DOM)
  • Fastest renting: Condo (1 DOM)
  • Strongest bedroom: 6 Beds ($1,750,000 median)

Sales Market Overview

Median Price
$675,000
−1.5%
Median DOM
33
−2.9%
New Listings
6
−83.8%
Inventory
118
+1.7%
  • Average Price: $845,628
  • Median Price: $675,000
  • Price Range: $55,000 – $5,350,000
  • Price per Sq Ft (Avg/Median): $471 / $413
  • Square Footage (Avg/Median): 1,799 / 1,730
  • Square Footage Range: 492 – 4,170
  • Days on Market (Avg/Median): 59 / 33
  • Days on Market Range: 1 – 336
  • New Listings: 6
  • Total Listings: 118

Sales by Property Type

Condo
Avg/Median Price$374,846 / $300,000Range$129,900 – $799,950Price per Sq Ft$336 / $305Sq Ft1,064 / 1,034DOM100 / 98New1Total14
Land
Avg/Median Price$502,500 / $55,000Range$55,000 – $950,000Price per Sq FtSq FtDOM336 / 335New0Total2
Multi-Family
Avg/Median Price$812,250 / $675,000Range$675,000 – $949,500Price per Sq Ft$361 / $304Sq Ft2,370 / 1,620DOM17 / 9New0Total2
Single Family
Avg/Median Price$962,826 / $725,000Range$350,000 – $5,350,000Price per Sq Ft$509 / $456Sq Ft1,930 / 1,930DOM41 / 27New5Total87
Townhouse
Avg/Median Price$626,225 / $639,950Range$259,000 – $1,295,000Price per Sq Ft$383 / $353Sq Ft1,631 / 1,903DOM104 / 101New0Total13

Sales by Bedroom Count

1 Beds
Avg:$296,970Median:$180,000Range:$129,900 – $515,000PSF:$406 / $325Sq Ft:708 / 774DOM:99 / 68New:0Total:5
2 Beds
Avg:$519,256Median:$475,000Range:$259,000 – $1,650,000PSF:$504 / $399Sq Ft:1,082 / 1,034DOM:70 / 50New:1Total:31
3 Beds
Avg:$1,000,831Median:$685,000Range:$475,000 – $5,350,000PSF:$507 / $434Sq Ft:1,851 / 1,700DOM:40 / 25New:3Total:34
4 Beds
Avg:$1,016,519Median:$715,000Range:$525,000 – $2,500,000PSF:$435 / $379Sq Ft:2,306 / 2,200DOM:55 / 36New:2Total:32
5 Beds
Avg:$995,083Median:$849,000Range:$675,000 – $1,950,000PSF:$410 / $389Sq Ft:2,406 / 2,420DOM:38 / 19New:0Total:12
6 Beds
Avg:$1,750,000Median:$1,750,000Range:$1,750,000 – $1,750,000PSF:$601 / $601Sq Ft:2,910 / 2,910DOM:50 / 50New:0Total:1
7 Beds
Avg:$949,500Median:$949,500Range:$949,500 – $949,500PSF:$304 / $304Sq Ft:3,120 / 3,120DOM:25 / 25New:0Total:1

Rental Market Overview

Median Rent
$1,900
−7.3%
Median DOM
45
0.0%
New Listings
11
Inventory
55
−8.3%
  • Average Rent: $2,315
  • Median Rent: $1,900
  • Rent Range: $1,150 – $7,995
  • Rent per Sq Ft (Avg/Median): $3 / $2
  • Square Footage (Avg/Median): 1,002 / 883
  • Square Footage Range: 300 – 4,357
  • Days on Market (Avg/Median): 84 / 45
  • Days on Market Range: 1 – 365
  • New Listings: 11
  • Total Listings: 55

Rentals by Property Type

Apartment
$1,663
Median DOM: 128
Inventory: 33
MoM: −7.3%
Condo
$1,800
Median DOM: 1
Inventory: 2
MoM: −7.3%
Single Family
$2,999
Median DOM: 1
Inventory: 18
MoM: −7.3%
Townhouse
$2,950
Median DOM: 15
Inventory: 2
MoM: −7.3%
Apartment
Avg/Median Rent$1,733 / $1,663Range$1,150 – $2,895Rent per Sq Ft$3 / $2Sq Ft712 / 700DOM141 / 128New0Total33
Condo
Avg/Median Rent$1,912 / $1,800Range$1,800 – $2,025Rent per Sq Ft$2 / $2Sq Ft1,042 / 1,034DOM1 / 1New1Total2
Single Family
Avg/Median Rent$3,332 / $2,999Range$1,300 – $7,995Rent per Sq Ft$3 / $3Sq Ft1,479 / 1,150DOM5 / 1New10Total18
Townhouse
Avg/Median Rent$3,174 / $2,950Range$2,950 – $3,399Rent per Sq Ft$2 / $2Sq Ft1,458 / 1,262DOM15 / 15New0Total2

Rentals by Bedroom Count

Studio
Avg:$1,278Median:$1,295Range:$1,200 – $1,300PSF:$3 / $3Sq Ft:379 / 375DOM:50 / 47New:1Total:5
1 Beds
Avg:$1,716Median:$1,545Range:$1,150 – $2,800PSF:$3 / $3Sq Ft:621 / 675DOM:164 / 132New:1Total:17
2 Beds
Avg:$2,175Median:$1,850Range:$1,650 – $3,800PSF:$2 / $2Sq Ft:965 / 900DOM:85 / 55New:3Total:18
3 Beds
Avg:$2,968Median:$2,995Range:$2,050 – $3,399PSF:$2 / $2Sq Ft:1,395 / 1,150DOM:25 / 6New:2Total:8
4 Beds
Avg:$3,482Median:$3,450Range:$2,895 – $4,000PSF:$2 / $2Sq Ft:1,630 / 1,760DOM:23 / 1New:3Total:6
5 Beds
Avg:$7,995Median:$7,995Range:$7,995 – $7,995PSF:$2 / $2Sq Ft:4,357 / 4,357DOM:1 / 1New:1Total:1

6-Month Sales Trend

Mar 2026
Median Price:$699,950Median DOM:21New:36Total:94
Apr 2026
Median Price:$689,950Median DOM:23New:32Total:106
May 2026
Median Price:$690,000Median DOM:29New:34Total:113
Jun 2026
Median Price:$675,000Median DOM:33New:26Total:114
Jul 2026
Median Price:$685,000Median DOM:34New:37Total:116
Aug 2026
Median Price:$675,000Median DOM:33New:6Total:118

6-Month Rental Trend

Mar 2026
Median Rent:$1,725Median DOM:13New:20Total:54
Apr 2026
Median Rent:$1,730Median DOM:28New:20Total:57
May 2026
Median Rent:$1,725Median DOM:25New:18Total:60
Jun 2026
Median Rent:$1,795Median DOM:33New:12Total:57
Jul 2026
Median Rent:$2,050Median DOM:45New:19Total:60
Aug 2026
Median Rent:$1,900Median DOM:45New:11Total:55

Key Market Takeaways

Median sale prices softened this month while inventory expanded. Days on market declined, signaling improving buyer activity. Rental pricing eased, while total rental inventory tightened.

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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