ZIP 98146 Housing Market Report

Northwest Seattle

Report period: March 2026

98146 Monthly Market Update – March 2026

ZIP 98146 · Last updated Mar 12, 2026 · Data range Oct 2025 – Mar 2026

Executive Snapshot

Median Sale Price
$695,000
−4.1%
Median DOM (Sales)
28
−6.7%
New Listings (Sales)
11
−56.0%
Median Rent
$1,725
−1.4%
Median DOM (Rental)
11
+120.0%
Total Rental Listings
58
−9.4%

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: Single Family (21 DOM)
  • Fastest renting: Condo (1 DOM)
  • Strongest bedroom: 6 Beds ($3,249,000 median)

Sales Market Overview

Median Price
$695,000
−4.1%
Median DOM
28
−6.7%
New Listings
11
−56.0%
Inventory
87
+6.1%
  • Average Price: $812,471
  • Median Price: $695,000
  • Price Range: $69,900 – $3,249,000
  • Price per Sq Ft (Avg/Median): $456 / $410
  • Square Footage (Avg/Median): 1,858 / 1,626
  • Square Footage Range: 492 – 4,700
  • Days on Market (Avg/Median): 65 / 28
  • Days on Market Range: 2 – 323
  • New Listings: 11
  • Total Listings: 87

Sales by Property Type

Condo
Avg/Median Price$518,922 / $352,450Range$175,000 – $1,550,000Price per Sq Ft$429 / $351Sq Ft1,156 / 1,034DOM93 / 34New3Total16
Land
Avg/Median Price$692,980 / $899,999Range$69,900 – $1,150,000Price per Sq FtSq FtDOM152 / 183New0Total5
Manufactured
Avg/Median Price$557,475 / $475,000Range$475,000 – $639,950Price per Sq Ft$345 / $336Sq Ft1,624 / 1,344DOM52 / 35New0Total2
Multi-Family
Avg/Median Price$939,500 / $899,000Range$899,000 – $980,000Price per Sq Ft$400 / $258Sq Ft2,730 / 1,660DOM60 / 40New0Total2
Single Family
Avg/Median Price$934,173 / $750,000Range$449,000 – $3,249,000Price per Sq Ft$479 / $456Sq Ft2,049 / 1,800DOM47 / 21New7Total55
Townhouse
Avg/Median Price$649,121 / $689,000Range$319,995 – $749,950Price per Sq Ft$384 / $355Sq Ft1,781 / 1,879DOM86 / 21New1Total7

Sales by Bedroom Count

1 Beds
Avg:$324,000Median:$175,000Range:$175,000 – $473,000PSF:$542 / $356Sq Ft:571 / 492DOM:61 / 47New:0Total:2
2 Beds
Avg:$490,144Median:$449,000Range:$289,900 – $895,000PSF:$469 / $351Sq Ft:1,063 / 1,034DOM:72 / 22New:5Total:19
3 Beds
Avg:$706,722Median:$675,000Range:$449,950 – $1,479,000PSF:$462 / $410Sq Ft:1,642 / 1,600DOM:46 / 20New:3Total:30
4 Beds
Avg:$1,061,247Median:$785,000Range:$499,999 – $2,495,000PSF:$450 / $427Sq Ft:2,300 / 2,326DOM:54 / 27New:2Total:23
5 Beds
Avg:$1,320,996Median:$1,285,000Range:$799,980 – $2,200,000PSF:$402 / $344Sq Ft:3,301 / 2,690DOM:83 / 64New:1Total:5
6 Beds
Avg:$3,249,000Median:$3,249,000Range:$3,249,000 – $3,249,000PSF:$691 / $691Sq Ft:4,700 / 4,700DOM:21 / 21New:0Total:1
7 Beds
Avg:$897,500Median:$815,000Range:$815,000 – $980,000PSF:$235 / $212Sq Ft:3,820 / 3,800DOM:161 / 80New:0Total:2

Rental Market Overview

Median Rent
$1,725
−1.4%
Median DOM
11
+120.0%
New Listings
9
Inventory
58
−9.4%
  • Average Rent: $2,256
  • Median Rent: $1,725
  • Rent Range: $765 – $8,200
  • Rent per Sq Ft (Avg/Median): $3 / $3
  • Square Footage (Avg/Median): 916 / 700
  • Square Footage Range: 320 – 3,030
  • Days on Market (Avg/Median): 58 / 11
  • Days on Market Range: 1 – 352
  • New Listings: 9
  • Total Listings: 58

Rentals by Property Type

Apartment
$1,645
Median DOM: 41
Inventory: 41
MoM: −1.4%
Condo
$2,800
Median DOM: 1
Inventory: 1
MoM: −1.4%
Single Family
$2,800
Median DOM: 5
Inventory: 16
MoM: −1.4%
Townhouse
Median DOM:
Inventory:
MoM: −1.4%
Apartment
Avg/Median Rent$1,866 / $1,645Range$765 – $6,485Rent per Sq Ft$3 / $3Sq Ft762 / 650DOM77 / 41New6Total41
Condo
Avg/Median Rent$2,800 / $2,800Range$2,800 – $2,800Rent per Sq Ft$3 / $3Sq Ft1,000 / 1,000DOM1 / 1New0Total1
Single Family
Avg/Median Rent$3,219 / $2,800Range$1,500 – $8,200Rent per Sq Ft$3 / $3Sq Ft1,297 / 1,000DOM21 / 5New3Total16

Rentals by Bedroom Count

Studio
Avg:$1,463Median:$1,445Range:$1,445 – $1,500PSF:$4 / $4Sq Ft:360 / 360DOM:1 / 1New:1Total:5
1 Beds
Avg:$1,625Median:$1,595Range:$765 – $2,300PSF:$3 / $3Sq Ft:729 / 650DOM:92 / 57New:4Total:28
2 Beds
Avg:$2,086Median:$1,800Range:$1,650 – $2,800PSF:$2 / $2Sq Ft:934 / 960DOM:46 / 5New:2Total:12
3 Beds
Avg:$4,082Median:$3,250Range:$2,450 – $8,200PSF:$3 / $3Sq Ft:1,510 / 1,460DOM:29 / 5New:1Total:12
5 Beds
Avg:$4,000Median:$4,000Range:$4,000 – $4,000PSF:$2 / $2Sq Ft:2,200 / 2,200DOM:1 / 1New:1Total:1

6-Month Sales Trend

Oct 2025
Median Price:$735,000Median DOM:50New:26Total:118
Nov 2025
Median Price:$735,000Median DOM:47New:18Total:110
Dec 2025
Median Price:$739,500Median DOM:54New:12Total:83
Jan 2026
Median Price:$735,000Median DOM:55New:21Total:76
Feb 2026
Median Price:$725,000Median DOM:30New:25Total:82
Mar 2026
Median Price:$695,000Median DOM:28New:11Total:87

6-Month Rental Trend

Oct 2025
Median Rent:$1,795Median DOM:8New:25Total:54
Nov 2025
Median Rent:$1,795Median DOM:8New:22Total:58
Dec 2025
Median Rent:$1,750Median DOM:8New:20Total:53
Jan 2026
Median Rent:$1,695Median DOM:6New:27Total:60
Feb 2026
Median Rent:$1,750Median DOM:5New:20Total:64
Mar 2026
Median Rent:$1,725Median DOM:11New:9Total:58

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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