ZIP 98166 Housing Market Report
Northwest Seattle
Report period: May 2026
98166 Monthly Market Update – May 2026
ZIP 98166 · Last updated May 12, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$955,000
−4.3%
Median DOM (Sales)
18
+12.5%
New Listings (Sales)
8
−75.0%
Median Rent
$1,725
0.0%
Median DOM (Rental)
19
−24.0%
Total Rental Listings
41
0.0%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market lengthened. Rents were stable.
What's Moving Fastest
- Fastest selling: Condo (13 DOM)
- Fastest renting: Condo (1 DOM)
- Strongest bedroom: 5 Beds ($2,099,000 median)
Sales Market Overview
Median Price
$955,000
−4.3%
Median DOM
18
+12.5%
New Listings
8
−75.0%
Inventory
82
+1.2%
- Average Price: $1,281,899
- Median Price: $955,000
- Price Range: $199,500 – $4,850,000
- Price per Sq Ft (Avg/Median): $483 / $457
- Square Footage (Avg/Median): 2,568 / 2,310
- Square Footage Range: 539 – 7,050
- Days on Market (Avg/Median): 39 / 18
- Days on Market Range: 2 – 292
- New Listings: 8
- Total Listings: 82
Sales by Property Type
Condo
Avg/Median Price$419,181 / $349,000Range$199,500 – $775,000Price per Sq Ft$401 / $349Sq Ft1,075 / 1,026DOM32 / 13New1Total8
Land
Avg/Median Price$1,599,950 / $1,299,900Range$799,950 – $2,700,000Price per Sq Ft—Sq Ft—DOM88 / 18New0Total3
Multi-Family
Avg/Median Price$595,000 / $595,000Range$595,000 – $595,000Price per Sq Ft$389 / $389Sq Ft1,530 / 1,530DOM180 / 180New0Total1
Single Family
Avg/Median Price$1,432,544 / $1,065,000Range$489,950 – $4,850,000Price per Sq Ft$503 / $472Sq Ft2,835 / 2,470DOM33 / 13New7Total66
Townhouse
Avg/Median Price$454,862 / $419,500Range$375,000 – $524,950Price per Sq Ft$330 / $294Sq Ft1,398 / 1,280DOM77 / 61New0Total4
Sales by Bedroom Count
1 Beds
Avg:$274,625Median:$250,000Range:$199,500 – $349,000PSF:$386 / $340Sq Ft:729 / 671DOM:25 / 12New:1Total:4
2 Beds
Avg:$567,942Median:$567,900Range:$419,500 – $715,000PSF:$515 / $459Sq Ft:1,222 / 1,074DOM:40 / 25New:1Total:12
3 Beds
Avg:$1,077,958Median:$850,000Range:$375,000 – $3,495,000PSF:$495 / $468Sq Ft:2,088 / 1,850DOM:36 / 11New:2Total:24
4 Beds
Avg:$1,444,969Median:$1,190,000Range:$524,950 – $3,780,000PSF:$464 / $431Sq Ft:3,023 / 3,001DOM:30 / 11New:4Total:28
5 Beds
Avg:$2,608,105Median:$2,099,000Range:$835,000 – $4,850,000PSF:$542 / $422Sq Ft:4,663 / 5,300DOM:68 / 20New:0Total:9
6 Beds
Avg:$1,299,475Median:$1,199,950Range:$1,199,950 – $1,399,000PSF:$327 / $253Sq Ft:4,260 / 3,000DOM:17 / 13New:0Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $274,625 | $250,000 | $199,500 – $349,000 | $386 / $340 | 729 / 671 | 25 / 12 | 1 | 4 |
| 2 Beds | $567,942 | $567,900 | $419,500 – $715,000 | $515 / $459 | 1,222 / 1,074 | 40 / 25 | 1 | 12 |
| 3 Beds | $1,077,958 | $850,000 | $375,000 – $3,495,000 | $495 / $468 | 2,088 / 1,850 | 36 / 11 | 2 | 24 |
| 4 Beds | $1,444,969 | $1,190,000 | $524,950 – $3,780,000 | $464 / $431 | 3,023 / 3,001 | 30 / 11 | 4 | 28 |
| 5 Beds | $2,608,105 | $2,099,000 | $835,000 – $4,850,000 | $542 / $422 | 4,663 / 5,300 | 68 / 20 | 0 | 9 |
| 6 Beds | $1,299,475 | $1,199,950 | $1,199,950 – $1,399,000 | $327 / $253 | 4,260 / 3,000 | 17 / 13 | 0 | 2 |
Rental Market Overview
Median Rent
$1,725
0.0%
Median DOM
19
−24.0%
New Listings
5
Inventory
41
0.0%
- Average Rent: $2,167
- Median Rent: $1,725
- Rent Range: $750 – $5,300
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 973 / 847
- Square Footage Range: 354 – 4,180
- Days on Market (Avg/Median): 50 / 19
- Days on Market Range: 1 – 205
- New Listings: 5
- Total Listings: 41
Rentals by Property Type
Apartment
$1,700
Median DOM: 26
Inventory: 28
MoM: 0.0%
Condo
$1,450
Median DOM: 1
Inventory: 1
MoM: 0.0%
Single Family
$2,600
Median DOM: 18
Inventory: 10
MoM: 0.0%
Townhouse
$2,495
Median DOM: 108
Inventory: 1
MoM: 0.0%
Apartment
Avg/Median Rent$1,902 / $1,700Range$1,175 – $3,860Rent per Sq Ft$2 / $2Sq Ft789 / 840DOM60 / 26New3Total28
Condo
Avg/Median Rent$1,450 / $1,450Range$1,450 – $1,450Rent per Sq Ft$2 / $2Sq Ft700 / 700DOM1 / 1New1Total1
Multi-Family
Avg/Median Rent$2,500 / $2,500Range$2,500 – $2,500Rent per Sq Ft$3 / $3Sq Ft847 / 847DOM22 / 22New0Total1
Single Family
Avg/Median Rent$2,914 / $2,600Range$750 – $5,300Rent per Sq Ft$2 / $2Sq Ft1,649 / 1,100DOM29 / 18New1Total10
Townhouse
Avg/Median Rent$2,495 / $2,495Range$2,495 – $2,495Rent per Sq Ft$2 / $2Sq Ft1,100 / 1,100DOM108 / 108New0Total1
Rentals by Bedroom Count
Studio
Avg:$1,291Median:$1,250Range:$1,175 – $1,449PSF:$3 / $3Sq Ft:410 / 400DOM:82 / 82New:0Total:3
1 Beds
Avg:$1,616Median:$1,500Range:$750 – $2,880PSF:$3 / $3Sq Ft:653 / 610DOM:41 / 19New:1Total:13
2 Beds
Avg:$2,046Median:$1,800Range:$1,550 – $3,860PSF:$2 / $2Sq Ft:903 / 860DOM:64 / 26New:2Total:18
3 Beds
Avg:$3,641Median:$3,800Range:$2,495 – $4,500PSF:$3 / $2Sq Ft:1,513 / 1,400DOM:4 / 1New:2Total:6
4 Beds
Avg:$5,300Median:$5,300Range:$5,300 – $5,300PSF:$1 / $1Sq Ft:4,180 / 4,180DOM:152 / 152New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,291 | $1,250 | $1,175 – $1,449 | $3 / $3 | 410 / 400 | 82 / 82 | 0 | 3 |
| 1 Beds | $1,616 | $1,500 | $750 – $2,880 | $3 / $3 | 653 / 610 | 41 / 19 | 1 | 13 |
| 2 Beds | $2,046 | $1,800 | $1,550 – $3,860 | $2 / $2 | 903 / 860 | 64 / 26 | 2 | 18 |
| 3 Beds | $3,641 | $3,800 | $2,495 – $4,500 | $3 / $2 | 1,513 / 1,400 | 4 / 1 | 2 | 6 |
| 4 Beds | $5,300 | $5,300 | $5,300 – $5,300 | $1 / $1 | 4,180 / 4,180 | 152 / 152 | 0 | 1 |
6-Month Sales Trend
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:$947,000Median DOM:13New:30Total:68
Apr 2026
Median Price:$997,450Median DOM:16New:32Total:81
May 2026
Median Price:$955,000Median DOM:18New:8Total:82
6-Month Rental Trend
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:$1,850Median DOM:21New:15Total:53
Apr 2026
Median Rent:$1,725Median DOM:25New:8Total:41
May 2026
Median Rent:$1,725Median DOM:19New:5Total:41
Key Market Takeaways
Median sale prices softened this month while inventory expanded. Days on market lengthened, signaling slower buyer activity. Rental pricing remained stable, 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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