ZIP 98148 Housing Market Report
Northwest Seattle
Report period: July 2026
98148 Monthly Market Update – July 2026
ZIP 98148 · Last updated Jul 12, 2026 · Data range Feb 2026 – Jul 2026
Executive Snapshot
Median Sale Price
$629,000
−6.1%
Median DOM (Sales)
27
+3.8%
New Listings (Sales)
3
−62.5%
Median Rent
$1,795
+5.1%
Median DOM (Rental)
29
+3.6%
Total Rental Listings
28
0.0%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market lengthened. Rents moved higher.
What's Moving Fastest
- Fastest selling: Single Family (15 DOM)
- Fastest renting: Condo (1 DOM)
- Strongest bedroom: 8 Beds ($1,250,000 median)
Sales Market Overview
Median Price
$629,000
−6.1%
Median DOM
27
+3.8%
New Listings
3
−62.5%
Inventory
21
−12.5%
- Average Price: $600,068
- Median Price: $629,000
- Price Range: $175,000 – $1,250,000
- Price per Sq Ft (Avg/Median): $371 / $347
- Square Footage (Avg/Median): 1,724 / 1,735
- Square Footage Range: 547 – 3,804
- Days on Market (Avg/Median): 57 / 27
- Days on Market Range: 2 – 321
- New Listings: 3
- Total Listings: 21
Sales by Property Type
Condo
Avg/Median Price$231,185 / $194,990Range$175,000 – $289,750Price per Sq Ft$330 / $320Sq Ft704 / 552DOM50 / 59New1Total4
Land
Avg/Median Price$462,450 / $199,900Range$199,900 – $725,000Price per Sq Ft—Sq Ft—DOM212 / 102New0Total2
Multi-Family
Avg/Median Price$986,333 / $1,080,000Range$629,000 – $1,250,000Price per Sq Ft$392 / $397Sq Ft2,641 / 2,720DOM107 / 31New0Total3
Single Family
Avg/Median Price$653,779 / $675,000Range$449,000 – $884,000Price per Sq Ft$390 / $356Sq Ft1,813 / 1,780DOM18 / 15New2Total10
Townhouse
Avg/Median Price$627,500 / $585,000Range$585,000 – $670,000Price per Sq Ft$325 / $312Sq Ft1,940 / 1,735DOM32 / 26New0Total2
Sales by Bedroom Count
1 Beds
Avg:$184,995Median:$175,000Range:$175,000 – $194,990PSF:$337 / $320Sq Ft:550 / 547DOM:31 / 2New:1Total:2
2 Beds
Avg:$334,583Median:$289,750Range:$265,000 – $449,000PSF:$335 / $347Sq Ft:992 / 881DOM:54 / 65New:0Total:3
3 Beds
Avg:$623,199Median:$629,000Range:$529,950 – $699,950PSF:$396 / $337Sq Ft:1,704 / 1,735DOM:47 / 15New:2Total:9
4 Beds
Avg:$824,500Median:$765,000Range:$765,000 – $884,000PSF:$416 / $401Sq Ft:1,980 / 1,910DOM:24 / 17New:0Total:2
5 Beds
Avg:$897,500Median:$715,000Range:$715,000 – $1,080,000PSF:$324 / $251Sq Ft:2,785 / 2,720DOM:22 / 16New:0Total:2
8 Beds
Avg:$1,250,000Median:$1,250,000Range:$1,250,000 – $1,250,000PSF:$329 / $329Sq Ft:3,804 / 3,804DOM:31 / 31New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $184,995 | $175,000 | $175,000 – $194,990 | $337 / $320 | 550 / 547 | 31 / 2 | 1 | 2 |
| 2 Beds | $334,583 | $289,750 | $265,000 – $449,000 | $335 / $347 | 992 / 881 | 54 / 65 | 0 | 3 |
| 3 Beds | $623,199 | $629,000 | $529,950 – $699,950 | $396 / $337 | 1,704 / 1,735 | 47 / 15 | 2 | 9 |
| 4 Beds | $824,500 | $765,000 | $765,000 – $884,000 | $416 / $401 | 1,980 / 1,910 | 24 / 17 | 0 | 2 |
| 5 Beds | $897,500 | $715,000 | $715,000 – $1,080,000 | $324 / $251 | 2,785 / 2,720 | 22 / 16 | 0 | 2 |
| 8 Beds | $1,250,000 | $1,250,000 | $1,250,000 – $1,250,000 | $329 / $329 | 3,804 / 3,804 | 31 / 31 | 0 | 1 |
Rental Market Overview
Median Rent
$1,795
+5.1%
Median DOM
29
+3.6%
New Listings
5
Inventory
28
0.0%
- Average Rent: $2,288
- Median Rent: $1,795
- Rent Range: $1,100 – $5,950
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,178 / 750
- Square Footage Range: 500 – 3,500
- Days on Market (Avg/Median): 92 / 29
- Days on Market Range: 1 – 296
- New Listings: 5
- Total Listings: 28
Rentals by Property Type
Apartment
$1,595
Median DOM: 154
Inventory: 18
MoM: +5.1%
Condo
$2,595
Median DOM: 1
Inventory: 2
MoM: +5.1%
Single Family
$3,350
Median DOM: 4
Inventory: 8
MoM: +5.1%
Townhouse
—
Median DOM: —
Inventory: —
MoM: +5.1%
Apartment
Avg/Median Rent$1,657 / $1,595Range$1,100 – $2,795Rent per Sq Ft$2 / $2Sq Ft757 / 646DOM148 / 154New2Total18
Condo
Avg/Median Rent$2,595 / $2,595Range$2,595 – $2,595Rent per Sq Ft$3 / $3Sq Ft1,036 / 1,036DOM1 / 1New1Total2
Single Family
Avg/Median Rent$3,630 / $3,350Range$1,900 – $5,950Rent per Sq Ft$2 / $2Sq Ft2,161 / 1,868DOM19 / 4New2Total8
Rentals by Bedroom Count
Studio
Avg:$1,157Median:$1,145Range:$1,100 – $1,225PSF:$2 / $2Sq Ft:508 / 512DOM:150 / 154New:1Total:3
1 Beds
Avg:$1,553Median:$1,595Range:$1,300 – $1,795PSF:$2 / $2Sq Ft:653 / 646DOM:160 / 129New:1Total:11
2 Beds
Avg:$1,862Median:$1,825Range:$1,825 – $1,900PSF:$2 / $2Sq Ft:925 / 925DOM:154 / 154New:0Total:2
3 Beds
Avg:$2,842Median:$2,795Range:$1,900 – $3,500PSF:$2 / $2Sq Ft:1,538 / 1,780DOM:40 / 4New:1Total:9
5 Beds
Avg:$4,733Median:$4,500Range:$3,750 – $5,950PSF:$2 / $2Sq Ft:2,863 / 2,690DOM:14 / 12New:2Total:3
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,157 | $1,145 | $1,100 – $1,225 | $2 / $2 | 508 / 512 | 150 / 154 | 1 | 3 |
| 1 Beds | $1,553 | $1,595 | $1,300 – $1,795 | $2 / $2 | 653 / 646 | 160 / 129 | 1 | 11 |
| 2 Beds | $1,862 | $1,825 | $1,825 – $1,900 | $2 / $2 | 925 / 925 | 154 / 154 | 0 | 2 |
| 3 Beds | $2,842 | $2,795 | $1,900 – $3,500 | $2 / $2 | 1,538 / 1,780 | 40 / 4 | 1 | 9 |
| 5 Beds | $4,733 | $4,500 | $3,750 – $5,950 | $2 / $2 | 2,863 / 2,690 | 14 / 12 | 2 | 3 |
6-Month Sales Trend
Feb 2026
Median Price:$590,000Median DOM:37New:5Total:23
Mar 2026
Median Price:$564,950Median DOM:15New:9Total:22
Apr 2026
Median Price:$585,000Median DOM:40New:4Total:25
May 2026
Median Price:$594,950Median DOM:27New:8Total:23
Jun 2026
Median Price:$670,000Median DOM:26New:8Total:24
Jul 2026
Median Price:$629,000Median DOM:27New:3Total:21
6-Month Rental Trend
Feb 2026
Median Rent:$1,650Median DOM:49New:7Total:25
Mar 2026
Median Rent:$1,640Median DOM:26New:8Total:28
Apr 2026
Median Rent:$1,616Median DOM:56New:3Total:24
May 2026
Median Rent:$1,648Median DOM:87New:6Total:24
Jun 2026
Median Rent:$1,708Median DOM:28New:8Total:28
Jul 2026
Median Rent:$1,795Median DOM:29New:5Total:28
Key Market Takeaways
Median sale prices softened this month while inventory compressed. Days on market lengthened, signaling slower buyer activity. Rental pricing increased, while total rental inventory was flat.
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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