ZIP 98166 Housing Market Report

Northwest Seattle

Report period: March 2026

98166 Monthly Market Update – March 2026

ZIP 98166 · Last updated Mar 12, 2026 · Data range Oct 2025 – Mar 2026

Executive Snapshot

Median Sale Price
$924,999
+8.8%
Median DOM (Sales)
14
−36.4%
New Listings (Sales)
11
−26.7%
Median Rent
$1,900
−4.8%
Median DOM (Rental)
24
−7.7%
Total Rental Listings
52
+6.1%

Month-over-Month Movement

Median sale prices moved higher. Days on market improved. Rents softened. Rental inventory expanded.

What's Moving Fastest

  • Fastest selling: Single Family (7 DOM)
  • Fastest renting: Multi-Family (2 DOM)
  • Strongest bedroom: 5 Beds ($1,389,000 median)

Sales Market Overview

Median Price
$924,999
+8.8%
Median DOM
14
−36.4%
New Listings
11
−26.7%
Inventory
59
+18.0%
  • Average Price: $1,181,199
  • Median Price: $924,999
  • Price Range: $175,000 – $4,500,000
  • Price per Sq Ft (Avg/Median): $476 / $425
  • Square Footage (Avg/Median): 2,453 / 2,060
  • Square Footage Range: 480 – 7,050
  • Days on Market (Avg/Median): 45 / 14
  • Days on Market Range: 2 – 231
  • New Listings: 11
  • Total Listings: 59

Sales by Property Type

Condo
Avg/Median Price$339,167 / $315,000Range$265,000 – $440,000Price per Sq Ft$491 / $467Sq Ft741 / 539DOM41 / 28New1Total6
Land
Avg/Median Price$1,437,500 / $175,000Range$175,000 – $2,700,000Price per Sq FtSq FtDOM156 / 131New0Total2
Multi-Family
Avg/Median Price$1,531,663 / $1,199,988Range$595,000 – $2,800,000Price per Sq Ft$357 / $325Sq Ft2,613 / 1,530DOM124 / 140New0Total3
Single Family
Avg/Median Price$1,318,244 / $1,029,000Range$475,000 – $4,500,000Price per Sq Ft$488 / $425Sq Ft2,769 / 2,540DOM36 / 7New10Total44
Townhouse
Avg/Median Price$545,750 / $549,000Range$419,000 – $615,000Price per Sq Ft$381 / $322Sq Ft1,454 / 1,303DOM30 / 23New0Total4

Sales by Bedroom Count

Studio
Avg:$330,000Median:$330,000Range:$330,000 – $330,000PSF:$612 / $612Sq Ft:539 / 539DOM:99 / 99New:0Total:1
1 Beds
Avg:$413,332Median:$315,000Range:$265,000 – $739,995PSF:$653 / $492Sq Ft:640 / 539DOM:48 / 28New:0Total:6
2 Beds
Avg:$590,988Median:$599,000Range:$549,950 – $615,000PSF:$584 / $474Sq Ft:1,080 / 800DOM:47 / 43New:0Total:4
3 Beds
Avg:$1,136,562Median:$675,000Range:$419,000 – $3,495,000PSF:$484 / $445Sq Ft:1,967 / 1,850DOM:24 / 6New:5Total:16
4 Beds
Avg:$1,048,019Median:$995,000Range:$479,900 – $1,695,000PSF:$385 / $359Sq Ft:2,732 / 2,580DOM:36 / 7New:3Total:16
5 Beds
Avg:$2,036,625Median:$1,389,000Range:$865,000 – $4,500,000PSF:$472 / $424Sq Ft:4,082 / 3,340DOM:47 / 14New:2Total:12
6 Beds
Avg:$1,049,000Median:$1,049,000Range:$1,049,000 – $1,049,000PSF:$383 / $383Sq Ft:2,740 / 2,740DOM:2 / 2New:1Total:1
8 Beds
Avg:$1,199,988Median:$1,199,988Range:$1,199,988 – $1,199,988PSF:$325 / $325Sq Ft:3,696 / 3,696DOM:209 / 209New:0Total:1

Rental Market Overview

Median Rent
$1,900
−4.8%
Median DOM
24
−7.7%
New Listings
9
Inventory
52
+6.1%
  • Average Rent: $2,360
  • Median Rent: $1,900
  • Rent Range: $700 – $7,200
  • Rent per Sq Ft (Avg/Median): $3 / $2
  • Square Footage (Avg/Median): 1,116 / 850
  • Square Footage Range: 354 – 4,771
  • Days on Market (Avg/Median): 79 / 24
  • Days on Market Range: 1 – 364
  • New Listings: 9
  • Total Listings: 52

Rentals by Property Type

Apartment
$1,725
Median DOM: 38
Inventory: 35
MoM: −4.8%
Condo
Median DOM:
Inventory:
MoM: −4.8%
Single Family
$3,100
Median DOM: 5
Inventory: 15
MoM: −4.8%
Townhouse
$2,445
Median DOM: 23
Inventory: 1
MoM: −4.8%
Apartment
Avg/Median Rent$1,907 / $1,725Range$1,080 – $4,000Rent per Sq Ft$3 / $2Sq Ft810 / 833DOM101 / 38New7Total35
Multi-Family
Avg/Median Rent$2,500 / $2,500Range$2,500 – $2,500Rent per Sq Ft$3 / $3Sq Ft847 / 847DOM2 / 2New1Total1
Single Family
Avg/Median Rent$3,404 / $3,100Range$700 – $7,200Rent per Sq Ft$3 / $2Sq Ft1,868 / 1,200DOM39 / 5New1Total15
Townhouse
Avg/Median Rent$2,445 / $2,445Range$2,445 – $2,445Rent per Sq Ft$2 / $2Sq Ft1,100 / 1,100DOM23 / 23New0Total1

Rentals by Bedroom Count

Studio
Avg:$2,603Median:$1,800Range:$1,250 – $5,964PSF:$3 / $4Sq Ft:1,306 / 476DOM:118 / 37New:0Total:5
1 Beds
Avg:$1,526Median:$1,495Range:$700 – $2,690PSF:$2 / $2Sq Ft:694 / 675DOM:104 / 61New:3Total:17
2 Beds
Avg:$2,159Median:$1,900Range:$1,126 – $4,000PSF:$2 / $2Sq Ft:936 / 850DOM:71 / 23New:2Total:18
3 Beds
Avg:$2,947Median:$2,495Range:$2,095 – $4,500PSF:$2 / $2Sq Ft:1,212 / 1,100DOM:52 / 1New:3Total:9
4 Beds
Avg:$6,133Median:$5,900Range:$5,300 – $7,200PSF:$2 / $2Sq Ft:3,300 / 3,120DOM:2 / 1New:1Total:3

6-Month Sales Trend

Oct 2025
Median Price:$865,000Median DOM:36New:27Total:94
Nov 2025
Median Price:$865,000Median DOM:54New:8Total:77
Dec 2025
Median Price:$925,000Median DOM:66New:6Total:55
Jan 2026
Median Price:$885,000Median DOM:18New:21Total:44
Feb 2026
Median Price:$850,000Median DOM:22New:15Total:50
Mar 2026
Median Price:$924,999Median DOM:14New:11Total:59

6-Month Rental Trend

Oct 2025
Median Rent:$1,855Median DOM:23New:19Total:55
Nov 2025
Median Rent:$1,650Median DOM:42New:11Total:48
Dec 2025
Median Rent:$1,850Median DOM:24New:21Total:54
Jan 2026
Median Rent:$1,850Median DOM:31New:11Total:51
Feb 2026
Median Rent:$1,995Median DOM:26New:17Total:49
Mar 2026
Median Rent:$1,900Median DOM:24New:9Total:52

Key Market Takeaways

Median sale prices moved higher this month while inventory expanded. Days on market declined, signaling improving 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.

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