ZIP 98168 Housing Market Report
Northwest Seattle
Report period: May 2026
98168 Monthly Market Update – May 2026
ZIP 98168 · Last updated May 14, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$598,000
−1.5%
Median DOM (Sales)
28
+3.7%
New Listings (Sales)
11
−70.3%
Median Rent
$1,750
0.0%
Median DOM (Rental)
30
0.0%
Total Rental Listings
50
+4.2%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market lengthened. Rents were stable. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Single Family (22 DOM)
- Fastest renting: Single Family (3 DOM)
- Strongest bedroom: 5 Beds ($899,000 median)
Sales Market Overview
Median Price
$598,000
−1.5%
Median DOM
28
+3.7%
New Listings
11
−70.3%
Inventory
116
−3.3%
- Average Price: $606,429
- Median Price: $598,000
- Price Range: $29,000 – $1,549,950
- Price per Sq Ft (Avg/Median): $382 / $349
- Square Footage (Avg/Median): 1,770 / 1,601
- Square Footage Range: 400 – 5,371
- Days on Market (Avg/Median): 50 / 28
- Days on Market Range: 2 – 365
- New Listings: 11
- Total Listings: 116
Sales by Property Type
Condo
Avg/Median Price$288,887 / $254,000Range$189,000 – $499,950Price per Sq Ft$284 / $267Sq Ft1,099 / 1,000DOM65 / 46New1Total15
Land
Avg/Median Price$480,279 / $399,950Range$29,000 – $1,379,000Price per Sq Ft—Sq Ft—DOM88 / 35New3Total14
Manufactured
Avg/Median Price$543,333 / $540,000Range$475,000 – $615,000Price per Sq Ft$397 / $427Sq Ft1,376 / 1,440DOM30 / 24New0Total3
Multi-Family
Avg/Median Price$880,900 / $830,000Range$549,000 – $1,377,500Price per Sq Ft$380 / $366Sq Ft2,322 / 2,520DOM89 / 69New0Total5
Single Family
Avg/Median Price$684,433 / $635,000Range$295,000 – $1,549,950Price per Sq Ft$398 / $357Sq Ft1,925 / 1,880DOM32 / 22New7Total67
Townhouse
Avg/Median Price$616,417 / $640,000Range$330,000 – $695,000Price per Sq Ft$408 / $427Sq Ft1,616 / 1,368DOM84 / 72New0Total12
Sales by Bedroom Count
1 Beds
Avg:$246,600Median:$254,000Range:$189,000 – $295,000PSF:$407 / $345Sq Ft:666 / 680DOM:37 / 41New:0Total:5
2 Beds
Avg:$463,289Median:$475,000Range:$195,000 – $750,000PSF:$422 / $405Sq Ft:1,232 / 1,034DOM:64 / 42New:3Total:32
3 Beds
Avg:$645,315Median:$609,950Range:$375,000 – $1,549,950PSF:$398 / $378Sq Ft:1,647 / 1,540DOM:31 / 19New:2Total:27
4 Beds
Avg:$727,168Median:$675,000Range:$510,000 – $1,400,000PSF:$332 / $323Sq Ft:2,284 / 2,156DOM:28 / 23New:3Total:22
5 Beds
Avg:$828,173Median:$899,000Range:$563,000 – $1,049,000PSF:$334 / $330Sq Ft:2,555 / 2,468DOM:51 / 34New:0Total:11
6 Beds
Avg:$977,500Median:$830,000Range:$725,000 – $1,377,500PSF:$343 / $329Sq Ft:2,871 / 2,920DOM:123 / 122New:0Total:3
8 Beds
Avg:$1,050,000Median:$635,000Range:$635,000 – $1,465,000PSF:$319 / $217Sq Ft:3,205 / 2,920DOM:20 / 4New:0Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $246,600 | $254,000 | $189,000 – $295,000 | $407 / $345 | 666 / 680 | 37 / 41 | 0 | 5 |
| 2 Beds | $463,289 | $475,000 | $195,000 – $750,000 | $422 / $405 | 1,232 / 1,034 | 64 / 42 | 3 | 32 |
| 3 Beds | $645,315 | $609,950 | $375,000 – $1,549,950 | $398 / $378 | 1,647 / 1,540 | 31 / 19 | 2 | 27 |
| 4 Beds | $727,168 | $675,000 | $510,000 – $1,400,000 | $332 / $323 | 2,284 / 2,156 | 28 / 23 | 3 | 22 |
| 5 Beds | $828,173 | $899,000 | $563,000 – $1,049,000 | $334 / $330 | 2,555 / 2,468 | 51 / 34 | 0 | 11 |
| 6 Beds | $977,500 | $830,000 | $725,000 – $1,377,500 | $343 / $329 | 2,871 / 2,920 | 123 / 122 | 0 | 3 |
| 8 Beds | $1,050,000 | $635,000 | $635,000 – $1,465,000 | $319 / $217 | 3,205 / 2,920 | 20 / 4 | 0 | 2 |
Rental Market Overview
Median Rent
$1,750
0.0%
Median DOM
30
0.0%
New Listings
10
Inventory
50
+4.2%
- Average Rent: $1,938
- Median Rent: $1,750
- Rent Range: $700 – $4,300
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,154 / 860
- Square Footage Range: 476 – 4,000
- Days on Market (Avg/Median): 93 / 30
- Days on Market Range: 1 – 321
- New Listings: 10
- Total Listings: 50
Rentals by Property Type
Apartment
$1,525
Median DOM: 95
Inventory: 30
MoM: 0.0%
Condo
$2,300
Median DOM: 200
Inventory: 3
MoM: 0.0%
Single Family
$2,300
Median DOM: 3
Inventory: 17
MoM: 0.0%
Townhouse
—
Median DOM: —
Inventory: —
MoM: 0.0%
Apartment
Avg/Median Rent$1,671 / $1,525Range$1,250 – $2,500Rent per Sq Ft$2 / $2Sq Ft851 / 818DOM100 / 95New6Total30
Condo
Avg/Median Rent$1,950 / $2,300Range$900 – $2,650Rent per Sq Ft$2 / $2Sq Ft1,395 / 1,350DOM172 / 200New1Total3
Single Family
Avg/Median Rent$2,408 / $2,300Range$700 – $4,300Rent per Sq Ft$2 / $2Sq Ft1,674 / 1,300DOM59 / 3New3Total17
Rentals by Bedroom Count
Studio
Avg:$1,500Median:$1,350Range:$1,350 – $1,800PSF:$2 / $3Sq Ft:872 / 540DOM:59 / 16New:1Total:3
1 Beds
Avg:$1,433Median:$1,370Range:$700 – $2,300PSF:$2 / $2Sq Ft:746 / 660DOM:160 / 151New:0Total:19
2 Beds
Avg:$1,853Median:$1,795Range:$1,250 – $2,500PSF:$2 / $2Sq Ft:937 / 917DOM:80 / 11New:5Total:15
3 Beds
Avg:$2,407Median:$2,425Range:$1,500 – $3,095PSF:$2 / $2Sq Ft:1,547 / 1,340DOM:48 / 8New:3Total:9
4 Beds
Avg:$3,807Median:$3,850Range:$3,495 – $4,075PSF:$1 / $1Sq Ft:3,217 / 2,980DOM:1 / 1New:1Total:3
5 Beds
Avg:$4,300Median:$4,300Range:$4,300 – $4,300PSF:$1 / $1Sq Ft:2,890 / 2,890DOM:118 / 118New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,500 | $1,350 | $1,350 – $1,800 | $2 / $3 | 872 / 540 | 59 / 16 | 1 | 3 |
| 1 Beds | $1,433 | $1,370 | $700 – $2,300 | $2 / $2 | 746 / 660 | 160 / 151 | 0 | 19 |
| 2 Beds | $1,853 | $1,795 | $1,250 – $2,500 | $2 / $2 | 937 / 917 | 80 / 11 | 5 | 15 |
| 3 Beds | $2,407 | $2,425 | $1,500 – $3,095 | $2 / $2 | 1,547 / 1,340 | 48 / 8 | 3 | 9 |
| 4 Beds | $3,807 | $3,850 | $3,495 – $4,075 | $1 / $1 | 3,217 / 2,980 | 1 / 1 | 1 | 3 |
| 5 Beds | $4,300 | $4,300 | $4,300 – $4,300 | $1 / $1 | 2,890 / 2,890 | 118 / 118 | 0 | 1 |
6-Month Sales Trend
Dec 2025
Median Price:$585,000Median DOM:72New:12Total:108
Jan 2026
Median Price:$580,000Median DOM:51New:30Total:100
Feb 2026
Median Price:$575,000Median DOM:32New:26Total:110
Mar 2026
Median Price:$599,900Median DOM:31New:30Total:115
Apr 2026
Median Price:$607,300Median DOM:27New:37Total:120
May 2026
Median Price:$598,000Median DOM:28New:11Total:116
6-Month Rental Trend
Dec 2025
Median Rent:$1,750Median DOM:23New:22Total:59
Jan 2026
Median Rent:$1,795Median DOM:48New:18Total:54
Feb 2026
Median Rent:$1,795Median DOM:65New:13Total:55
Mar 2026
Median Rent:$1,750Median DOM:84New:10Total:57
Apr 2026
Median Rent:$1,750Median DOM:30New:9Total:48
May 2026
Median Rent:$1,750Median DOM:30New:10Total:50
Key Market Takeaways
Median sale prices softened this month while inventory compressed. Days on market lengthened, signaling slower buyer activity. Rental pricing remained stable, 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.
980019800298003980049800598006980079800898010980119801298014980199802098021980229802398024980259802698027980289802998030980319803298033980349803698037+65 more
← Back to Northwest Seattle