ZIP 98188 Housing Market Report
Northwest Seattle
Report period: May 2026
98188 Monthly Market Update – May 2026
ZIP 98188 · Last updated May 12, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$250,000
+6.4%
Median DOM (Sales)
75
0.0%
New Listings (Sales)
6
−57.1%
Median Rent
$1,745
+2.0%
Median DOM (Rental)
8
+166.7%
Total Rental Listings
69
+3.0%
Month-over-Month Movement
Median sale prices moved higher. Rents moved higher. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Single Family (23 DOM)
- Fastest renting: Condo (1 DOM)
- Strongest bedroom: 8 Beds ($1,190,000 median)
Sales Market Overview
Median Price
$250,000
+6.4%
Median DOM
75
0.0%
New Listings
6
−57.1%
Inventory
82
+2.5%
- Average Price: $443,680
- Median Price: $250,000
- Price Range: $24,950 – $2,399,999
- Price per Sq Ft (Avg/Median): $276 / $275
- Square Footage (Avg/Median): 1,411 / 913
- Square Footage Range: 550 – 5,788
- Days on Market (Avg/Median): 117 / 75
- Days on Market Range: 2 – 342
- New Listings: 6
- Total Listings: 82
Sales by Property Type
Condo
Avg/Median Price$279,074 / $250,000Range$192,000 – $484,999Price per Sq Ft$298 / $294Sq Ft962 / 894DOM75 / 61New2Total19
Land
Avg/Median Price$399,000 / $399,000Range$399,000 – $399,000Price per Sq Ft—Sq Ft—DOM87 / 87New0Total1
Manufactured
Avg/Median Price$96,892 / $94,900Range$24,950 – $169,900Price per Sq Ft$126 / $129Sq Ft771 / 670DOM224 / 247New0Total32
Single Family
Avg/Median Price$949,350 / $745,000Range$524,900 – $2,399,999Price per Sq Ft$431 / $368Sq Ft2,429 / 2,364DOM48 / 23New4Total28
Townhouse
Avg/Median Price$499,000 / $493,000Range$493,000 – $505,000Price per Sq Ft$308 / $263Sq Ft1,660 / 1,400DOM53 / 39New0Total2
Sales by Bedroom Count
1 Beds
Avg:$115,718Median:$84,900Range:$24,950 – $249,759PSF:$177 / $129Sq Ft:644 / 656DOM:159 / 94New:0Total:17
2 Beds
Avg:$232,531Median:$169,900Range:$37,500 – $649,999PSF:$259 / $189Sq Ft:906 / 892DOM:149 / 144New:2Total:37
3 Beds
Avg:$758,875Median:$525,000Range:$125,000 – $2,200,000PSF:$408 / $419Sq Ft:1,733 / 1,480DOM:81 / 11New:2Total:8
4 Beds
Avg:$844,450Median:$689,950Range:$600,000 – $1,900,000PSF:$351 / $334Sq Ft:2,391 / 2,450DOM:48 / 23New:1Total:11
5 Beds
Avg:$1,068,975Median:$739,950Range:$739,950 – $1,398,000PSF:$351 / $313Sq Ft:2,981 / 2,364DOM:34 / 3New:0Total:2
6 Beds
Avg:$1,057,998Median:$999,995Range:$899,000 – $1,274,999PSF:$299 / $296Sq Ft:3,575 / 3,057DOM:50 / 51New:0Total:3
8 Beds
Avg:$1,580,000Median:$1,190,000Range:$1,150,000 – $2,399,999PSF:$356 / $334Sq Ft:4,323 / 3,620DOM:41 / 31New:1Total:3
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $115,718 | $84,900 | $24,950 – $249,759 | $177 / $129 | 644 / 656 | 159 / 94 | 0 | 17 |
| 2 Beds | $232,531 | $169,900 | $37,500 – $649,999 | $259 / $189 | 906 / 892 | 149 / 144 | 2 | 37 |
| 3 Beds | $758,875 | $525,000 | $125,000 – $2,200,000 | $408 / $419 | 1,733 / 1,480 | 81 / 11 | 2 | 8 |
| 4 Beds | $844,450 | $689,950 | $600,000 – $1,900,000 | $351 / $334 | 2,391 / 2,450 | 48 / 23 | 1 | 11 |
| 5 Beds | $1,068,975 | $739,950 | $739,950 – $1,398,000 | $351 / $313 | 2,981 / 2,364 | 34 / 3 | 0 | 2 |
| 6 Beds | $1,057,998 | $999,995 | $899,000 – $1,274,999 | $299 / $296 | 3,575 / 3,057 | 50 / 51 | 0 | 3 |
| 8 Beds | $1,580,000 | $1,190,000 | $1,150,000 – $2,399,999 | $356 / $334 | 4,323 / 3,620 | 41 / 31 | 1 | 3 |
Rental Market Overview
Median Rent
$1,745
+2.0%
Median DOM
8
+166.7%
New Listings
14
Inventory
69
+3.0%
- Average Rent: $1,942
- Median Rent: $1,745
- Rent Range: $900 – $4,600
- Rent per Sq Ft (Avg/Median): $3 / $2
- Square Footage (Avg/Median): 872 / 760
- Square Footage Range: 270 – 2,800
- Days on Market (Avg/Median): 69 / 8
- Days on Market Range: 1 – 348
- New Listings: 14
- Total Listings: 69
Rentals by Property Type
Apartment
$1,685
Median DOM: 29
Inventory: 41
MoM: +2.0%
Condo
$1,890
Median DOM: 1
Inventory: 12
MoM: +2.0%
Single Family
$2,550
Median DOM: 1
Inventory: 12
MoM: +2.0%
Townhouse
$1,895
Median DOM: 80
Inventory: 4
MoM: +2.0%
Apartment
Avg/Median Rent$1,665 / $1,685Range$999 – $2,489Rent per Sq Ft$3 / $2Sq Ft700 / 703DOM105 / 29New7Total41
Condo
Avg/Median Rent$1,972 / $1,890Range$1,475 – $2,800Rent per Sq Ft$2 / $2Sq Ft922 / 908DOM30 / 1New4Total12
Single Family
Avg/Median Rent$2,745 / $2,550Range$900 – $4,600Rent per Sq Ft$2 / $2Sq Ft1,436 / 1,020DOM21 / 1New3Total12
Townhouse
Avg/Median Rent$2,290 / $1,895Range$1,750 – $3,516Rent per Sq Ft$2 / $2Sq Ft953 / 980DOM73 / 80New0Total4
Rentals by Bedroom Count
Studio
Avg:$1,671Median:$1,575Range:$999 – $2,489PSF:$5 / $4Sq Ft:401 / 428DOM:98 / 29New:0Total:9
1 Beds
Avg:$1,553Median:$1,500Range:$900 – $1,990PSF:$2 / $2Sq Ft:663 / 656DOM:118 / 15New:3Total:23
2 Beds
Avg:$1,885Median:$1,795Range:$1,475 – $2,800PSF:$2 / $2Sq Ft:936 / 950DOM:50 / 1New:9Total:29
3 Beds
Avg:$3,150Median:$2,795Range:$2,290 – $4,000PSF:$3 / $3Sq Ft:1,175 / 1,204DOM:27 / 1New:1Total:4
4 Beds
Avg:$4,000Median:$3,500Range:$3,300 – $4,600PSF:$2 / $2Sq Ft:2,388 / 2,130DOM:1 / 1New:1Total:4
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,671 | $1,575 | $999 – $2,489 | $5 / $4 | 401 / 428 | 98 / 29 | 0 | 9 |
| 1 Beds | $1,553 | $1,500 | $900 – $1,990 | $2 / $2 | 663 / 656 | 118 / 15 | 3 | 23 |
| 2 Beds | $1,885 | $1,795 | $1,475 – $2,800 | $2 / $2 | 936 / 950 | 50 / 1 | 9 | 29 |
| 3 Beds | $3,150 | $2,795 | $2,290 – $4,000 | $3 / $3 | 1,175 / 1,204 | 27 / 1 | 1 | 4 |
| 4 Beds | $4,000 | $3,500 | $3,300 – $4,600 | $2 / $2 | 2,388 / 2,130 | 1 / 1 | 1 | 4 |
6-Month Sales Trend
Dec 2025
Median Price:$209,950Median DOM:103New:4Total:82
Jan 2026
Median Price:$199,950Median DOM:128New:14Total:75
Feb 2026
Median Price:$215,000Median DOM:124New:16Total:81
Mar 2026
Median Price:$218,999Median DOM:65New:11Total:75
Apr 2026
Median Price:$235,000Median DOM:75New:14Total:80
May 2026
Median Price:$250,000Median DOM:75New:6Total:82
6-Month Rental Trend
Dec 2025
Median Rent:$1,750Median DOM:47New:19Total:60
Jan 2026
Median Rent:$1,788Median DOM:58New:16Total:55
Feb 2026
Median Rent:$1,800Median DOM:27New:17Total:61
Mar 2026
Median Rent:$1,750Median DOM:31New:16Total:61
Apr 2026
Median Rent:$1,710Median DOM:3New:24Total:67
May 2026
Median Rent:$1,745Median DOM:8New:14Total:69
Key Market Takeaways
Median sale prices moved higher this month while inventory expanded. Days on market were unchanged, signaling steady buyer activity. Rental pricing increased, 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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