ZIP 98178 Housing Market Report
Northwest Seattle
Report period: May 2026
98178 Monthly Market Update – May 2026
ZIP 98178 · Last updated May 12, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$688,000
−0.1%
Median DOM (Sales)
31
+3.3%
New Listings (Sales)
10
−70.6%
Median Rent
$2,225
+1.1%
Median DOM (Rental)
1
0.0%
Total Rental Listings
53
−11.7%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market lengthened. Rents moved higher. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Manufactured (13 DOM)
- Fastest renting: Condo (1 DOM)
- Strongest bedroom: 7 Beds ($1,838,000 median)
Sales Market Overview
Median Price
$688,000
−0.1%
Median DOM
31
+3.3%
New Listings
10
−70.6%
Inventory
121
−0.8%
- Average Price: $811,829
- Median Price: $688,000
- Price Range: $99,950 – $3,499,000
- Price per Sq Ft (Avg/Median): $422 / $392
- Square Footage (Avg/Median): 2,120 / 1,820
- Square Footage Range: 644 – 7,000
- Days on Market (Avg/Median): 70 / 31
- Days on Market Range: 2 – 364
- New Listings: 10
- Total Listings: 121
Sales by Property Type
Condo
Avg/Median Price$650,380 / $499,950Range$295,000 – $1,498,000Price per Sq Ft$410 / $366Sq Ft1,810 / 1,100DOM48 / 42New0Total5
Land
Avg/Median Price$552,141 / $349,950Range$99,950 – $2,200,000Price per Sq Ft—Sq Ft—DOM134 / 115New0Total17
Manufactured
Avg/Median Price$115,000 / $115,000Range$115,000 – $115,000Price per Sq Ft$179 / $179Sq Ft644 / 644DOM13 / 13New0Total1
Multi-Family
Avg/Median Price$1,147,500 / $900,000Range$900,000 – $1,395,000Price per Sq Ft$405 / $297Sq Ft3,226 / 1,750DOM15 / 14New0Total2
Single Family
Avg/Median Price$893,144 / $700,000Range$399,000 – $3,499,000Price per Sq Ft$429 / $394Sq Ft2,192 / 1,930DOM61 / 28New10Total87
Townhouse
Avg/Median Price$608,833 / $659,900Range$125,000 – $769,900Price per Sq Ft$399 / $392Sq Ft1,517 / 1,314DOM86 / 28New0Total9
Sales by Bedroom Count
Studio
Avg:$295,000Median:$295,000Range:$295,000 – $295,000PSF:$419 / $419Sq Ft:704 / 704DOM:70 / 70New:0Total:1
2 Beds
Avg:$502,239Median:$499,950Range:$115,000 – $900,000PSF:$446 / $442Sq Ft:1,155 / 1,151DOM:63 / 28New:0Total:19
3 Beds
Avg:$741,632Median:$630,000Range:$399,000 – $1,595,000PSF:$472 / $458Sq Ft:1,628 / 1,670DOM:55 / 22New:6Total:33
4 Beds
Avg:$977,968Median:$899,000Range:$499,900 – $3,499,000PSF:$386 / $366Sq Ft:2,559 / 2,360DOM:48 / 26New:2Total:38
5 Beds
Avg:$913,964Median:$925,000Range:$698,800 – $1,160,000PSF:$367 / $374Sq Ft:2,564 / 2,500DOM:140 / 96New:1Total:7
6 Beds
Avg:$1,283,327Median:$1,299,990Range:$1,200,000 – $1,349,990PSF:$317 / $317Sq Ft:4,054 / 4,263DOM:134 / 71New:0Total:3
7 Beds
Avg:$2,374,333Median:$1,838,000Range:$1,795,000 – $3,490,000PSF:$416 / $394Sq Ft:5,577 / 5,060DOM:22 / 26New:1Total:3
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $295,000 | $295,000 | $295,000 – $295,000 | $419 / $419 | 704 / 704 | 70 / 70 | 0 | 1 |
| 2 Beds | $502,239 | $499,950 | $115,000 – $900,000 | $446 / $442 | 1,155 / 1,151 | 63 / 28 | 0 | 19 |
| 3 Beds | $741,632 | $630,000 | $399,000 – $1,595,000 | $472 / $458 | 1,628 / 1,670 | 55 / 22 | 6 | 33 |
| 4 Beds | $977,968 | $899,000 | $499,900 – $3,499,000 | $386 / $366 | 2,559 / 2,360 | 48 / 26 | 2 | 38 |
| 5 Beds | $913,964 | $925,000 | $698,800 – $1,160,000 | $367 / $374 | 2,564 / 2,500 | 140 / 96 | 1 | 7 |
| 6 Beds | $1,283,327 | $1,299,990 | $1,200,000 – $1,349,990 | $317 / $317 | 4,054 / 4,263 | 134 / 71 | 0 | 3 |
| 7 Beds | $2,374,333 | $1,838,000 | $1,795,000 – $3,490,000 | $416 / $394 | 5,577 / 5,060 | 22 / 26 | 1 | 3 |
Rental Market Overview
Median Rent
$2,225
+1.1%
Median DOM
1
0.0%
New Listings
10
Inventory
53
−11.7%
- Average Rent: $2,412
- Median Rent: $2,225
- Rent Range: $1,099 – $6,258
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,284 / 1,100
- Square Footage Range: 500 – 3,334
- Days on Market (Avg/Median): 52 / 1
- Days on Market Range: 1 – 344
- New Listings: 10
- Total Listings: 53
Rentals by Property Type
Apartment
$1,390
Median DOM: 67
Inventory: 22
MoM: +1.1%
Condo
$1,500
Median DOM: 1
Inventory: 2
MoM: +1.1%
Single Family
$2,999
Median DOM: 1
Inventory: 25
MoM: +1.1%
Townhouse
$3,100
Median DOM: 10
Inventory: 3
MoM: +1.1%
Apartment
Avg/Median Rent$1,686 / $1,390Range$1,099 – $6,258Rent per Sq Ft$2 / $2Sq Ft765 / 650DOM119 / 67New2Total22
Condo
Avg/Median Rent$1,562 / $1,500Range$1,500 – $1,625Rent per Sq Ft$2 / $2Sq Ft676 / 572DOM1 / 1New0Total2
Multi-Family
Avg/Median Rent$3,200 / $3,200Range$3,200 – $3,200Rent per Sq Ft$2 / $2Sq Ft1,500 / 1,500DOM—New0Total1
Single Family
Avg/Median Rent$3,052 / $2,999Range$1,495 – $4,975Rent per Sq Ft$2 / $2Sq Ft1,674 / 1,580DOM15 / 1New8Total25
Townhouse
Avg/Median Rent$2,700 / $3,100Range$1,700 – $3,300Rent per Sq Ft$2 / $2Sq Ft1,606 / 1,670DOM25 / 10New0Total3
Rentals by Bedroom Count
Studio
Avg:$1,263Median:$1,099Range:$1,099 – $2,200PSF:$2 / $2Sq Ft:715 / 650DOM:39 / 1New:2Total:7
1 Beds
Avg:$1,426Median:$1,395Range:$1,290 – $1,529PSF:$2 / $2Sq Ft:676 / 613DOM:169 / 163New:0Total:12
2 Beds
Avg:$2,445Median:$2,495Range:$1,495 – $3,300PSF:$2 / $2Sq Ft:1,302 / 1,300DOM:29 / 1New:2Total:19
3 Beds
Avg:$3,546Median:$3,200Range:$2,595 – $6,258PSF:$2 / $2Sq Ft:1,824 / 1,650DOM:10 / 1New:5Total:11
4 Beds
Avg:$4,117Median:$4,400Range:$3,500 – $4,450PSF:$2 / $2Sq Ft:1,880 / 2,020DOM:8 / 1New:1Total:3
5 Beds
Avg:$4,045Median:$4,045Range:$4,045 – $4,045PSF:$1 / $1Sq Ft:3,334 / 3,334DOM:1 / 1New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,263 | $1,099 | $1,099 – $2,200 | $2 / $2 | 715 / 650 | 39 / 1 | 2 | 7 |
| 1 Beds | $1,426 | $1,395 | $1,290 – $1,529 | $2 / $2 | 676 / 613 | 169 / 163 | 0 | 12 |
| 2 Beds | $2,445 | $2,495 | $1,495 – $3,300 | $2 / $2 | 1,302 / 1,300 | 29 / 1 | 2 | 19 |
| 3 Beds | $3,546 | $3,200 | $2,595 – $6,258 | $2 / $2 | 1,824 / 1,650 | 10 / 1 | 5 | 11 |
| 4 Beds | $4,117 | $4,400 | $3,500 – $4,450 | $2 / $2 | 1,880 / 2,020 | 8 / 1 | 1 | 3 |
| 5 Beds | $4,045 | $4,045 | $4,045 – $4,045 | $1 / $1 | 3,334 / 3,334 | 1 / 1 | 0 | 1 |
6-Month Sales Trend
Dec 2025
Median Price:$698,000Median DOM:77New:14Total:131
Jan 2026
Median Price:$669,959Median DOM:66New:35Total:123
Feb 2026
Median Price:$660,000Median DOM:42New:30Total:121
Mar 2026
Median Price:$699,950Median DOM:33New:33Total:121
Apr 2026
Median Price:$689,000Median DOM:30New:34Total:122
May 2026
Median Price:$688,000Median DOM:31New:10Total:121
6-Month Rental Trend
Dec 2025
Median Rent:$2,300Median DOM:24New:17Total:47
Jan 2026
Median Rent:$2,225Median DOM:27New:16Total:50
Feb 2026
Median Rent:$2,295Median DOM:20New:24Total:61
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:1New:10Total:53
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 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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