ZIP 98178 Housing Market Report

Northwest Seattle

Report period: August 2026

98178 Monthly Market Update – August 2026

ZIP 98178 · Last updated Aug 12, 2026 · Data range Mar 2026 – Aug 2026

Executive Snapshot

Median Sale Price
$675,000
+3.9%
Median DOM (Sales)
35
−20.5%
New Listings (Sales)
16
−54.3%
Median Rent
$1,995
0.0%
Median DOM (Rental)
12
0.0%
Total Rental Listings
67
−4.3%

Month-over-Month Movement

Median sale prices moved higher. Days on market improved. Rents were stable. Rental inventory tightened.

What's Moving Fastest

  • Fastest selling: Multi-Family (3 DOM)
  • Fastest renting: Condo (1 DOM)
  • Strongest bedroom: 7 Beds ($1,899,000 median)

Sales Market Overview

Median Price
$675,000
+3.9%
Median DOM
35
−20.5%
New Listings
16
−54.3%
Inventory
150
+4.9%
  • Average Price: $752,620
  • Median Price: $675,000
  • Price Range: $99,950 – $3,490,000
  • Price per Sq Ft (Avg/Median): $425 / $398
  • Square Footage (Avg/Median): 1,959 / 1,780
  • Square Footage Range: 644 – 7,000
  • Days on Market (Avg/Median): 60 / 35
  • Days on Market Range: 1 – 311
  • New Listings: 16
  • Total Listings: 150

Sales by Property Type

Condo
Avg/Median Price$481,633 / $459,950Range$345,000 – $639,950Price per Sq Ft$450 / $375Sq Ft1,155 / 921DOM55 / 35New0Total3
Land
Avg/Median Price$382,064 / $200,000Range$99,950 – $1,300,000Price per Sq FtSq FtDOM149 / 129New1Total14
Manufactured
Avg/Median Price$280,000 / $115,000Range$115,000 – $445,000Price per Sq Ft$292 / $179Sq Ft872 / 644DOM66 / 27New0Total2
Multi-Family
Avg/Median Price$1,079,000 / $900,000Range$900,000 – $1,258,000Price per Sq Ft$391 / $267Sq Ft3,226 / 1,750DOM53 / 3New1Total2
Single Family
Avg/Median Price$811,366 / $687,000Range$345,000 – $3,490,000Price per Sq Ft$427 / $398Sq Ft2,003 / 1,820DOM48 / 29New14Total122
Townhouse
Avg/Median Price$627,786 / $682,900Range$255,000 – $782,900Price per Sq Ft$427 / $408Sq Ft1,473 / 1,314DOM113 / 91New0Total7

Sales by Bedroom Count

2 Beds
Avg:$527,938Median:$524,999Range:$115,000 – $900,000PSF:$482 / $520Sq Ft:1,146 / 1,088DOM:69 / 47New:2Total:26
3 Beds
Avg:$707,220Median:$599,950Range:$365,750 – $2,149,500PSF:$467 / $424Sq Ft:1,580 / 1,510DOM:49 / 27New:1Total:40
4 Beds
Avg:$879,100Median:$818,000Range:$499,000 – $1,995,000PSF:$389 / $384Sq Ft:2,288 / 2,197DOM:43 / 23New:10Total:52
5 Beds
Avg:$871,361Median:$825,000Range:$625,000 – $1,458,888PSF:$353 / $351Sq Ft:2,472 / 2,470DOM:51 / 43New:2Total:13
6 Beds
Avg:$1,032,996Median:$1,099,000Range:$799,999 – $1,199,990PSF:$293 / $294Sq Ft:3,539 / 3,635DOM:79 / 76New:0Total:3
7 Beds
Avg:$2,694,500Median:$1,899,000Range:$1,899,000 – $3,490,000PSF:$453 / $407Sq Ft:5,835 / 4,670DOM:83 / 66New:0Total:2

Rental Market Overview

Median Rent
$1,995
0.0%
Median DOM
12
0.0%
New Listings
13
Inventory
67
−4.3%
  • Average Rent: $2,394
  • Median Rent: $1,995
  • Rent Range: $975 – $5,995
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 1,129 / 800
  • Square Footage Range: 400 – 3,007
  • Days on Market (Avg/Median): 35 / 12
  • Days on Market Range: 1 – 285
  • New Listings: 13
  • Total Listings: 67

Rentals by Property Type

Apartment
$1,800
Median DOM: 12
Inventory: 33
MoM: 0.0%
Condo
$1,598
Median DOM: 1
Inventory: 3
MoM: 0.0%
Single Family
$3,000
Median DOM: 11
Inventory: 27
MoM: 0.0%
Townhouse
$3,100
Median DOM: 132
Inventory: 2
MoM: 0.0%
Apartment
Avg/Median Rent$1,677 / $1,800Range$999 – $2,500Rent per Sq Ft$3 / $2Sq Ft718 / 800DOM40 / 12New5Total33
Condo
Avg/Median Rent$3,029 / $1,598Range$1,495 – $5,995Rent per Sq Ft$3 / $3Sq Ft917 / 780DOM1 / 1New0Total3
Multi-Family
Avg/Median Rent$2,600 / $2,000Range$2,000 – $3,200Rent per Sq Ft$2 / $2Sq Ft1,125 / 750DOM30 / 30New0Total2
Single Family
Avg/Median Rent$3,099 / $3,000Range$975 – $5,250Rent per Sq Ft$2 / $2Sq Ft1,580 / 1,430DOM30 / 11New8Total27
Townhouse
Avg/Median Rent$3,550 / $3,100Range$3,100 – $4,000Rent per Sq Ft$2 / $2Sq Ft1,574 / 1,298DOM132 / 132New0Total2

Rentals by Bedroom Count

Studio
Avg:$999Median:$999Range:$999 – $999PSF:Sq Ft:DOM:1 / 1New:4Total:4
1 Beds
Avg:$1,581Median:$1,495Range:$1,310 – $2,280PSF:$3 / $2Sq Ft:646 / 600DOM:64 / 28New:1Total:17
2 Beds
Avg:$2,356Median:$1,950Range:$1,598 – $5,995PSF:$3 / $2Sq Ft:899 / 800DOM:40 / 12New:1Total:26
3 Beds
Avg:$3,174Median:$3,135Range:$2,750 – $4,250PSF:$2 / $2Sq Ft:1,461 / 1,430DOM:28 / 1New:4Total:11
4 Beds
Avg:$3,865Median:$3,495Range:$2,950 – $5,250PSF:$2 / $2Sq Ft:2,151 / 1,850DOM:7 / 1New:2Total:6
5 Beds
Avg:$3,392Median:$4,200Range:$975 – $5,000PSF:$2 / $2Sq Ft:2,380 / 2,600DOM:19 / 1New:1Total:3

6-Month Sales Trend

Mar 2026
Median Price:$699,950Median DOM:33New:33Total:121
Apr 2026
Median Price:$689,000Median DOM:30New:34Total:122
May 2026
Median Price:$699,000Median DOM:34New:49Total:145
Jun 2026
Median Price:$685,000Median DOM:40New:35Total:147
Jul 2026
Median Price:$649,950Median DOM:44New:35Total:143
Aug 2026
Median Price:$675,000Median DOM:35New:16Total:150

6-Month Rental Trend

Mar 2026
Median Rent:$2,225Median DOM:11New:23Total:64
Apr 2026
Median Rent:$2,200Median DOM:1New:24Total:60
May 2026
Median Rent:$2,225Median DOM:3New:22Total:57
Jun 2026
Median Rent:$2,000Median DOM:7New:23Total:56
Jul 2026
Median Rent:$1,995Median DOM:12New:25Total:70
Aug 2026
Median Rent:$1,995Median DOM:12New:13Total:67

Key Market Takeaways

Median sale prices moved higher this month while inventory expanded. Days on market declined, signaling improving buyer activity. Rental pricing remained stable, 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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