ZIP 98188 Housing Market Report
Northwest Seattle
Report period: August 2026
98188 Monthly Market Update – August 2026
ZIP 98188 · Last updated Aug 12, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$339,500
−1.6%
Median DOM (Sales)
52
+10.6%
New Listings (Sales)
4
−78.9%
Median Rent
$1,776
−0.8%
Median DOM (Rental)
9
0.0%
Total Rental Listings
56
−1.8%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market lengthened. Rents softened. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Townhouse (20 DOM)
- Fastest renting: Condo (1 DOM)
- Strongest bedroom: 6 Beds ($1,274,999 median)
Sales Market Overview
Median Price
$339,500
−1.6%
Median DOM
52
+10.6%
New Listings
4
−78.9%
Inventory
99
−4.8%
- Average Price: $482,318
- Median Price: $339,500
- Price Range: $19,400 – $2,280,000
- Price per Sq Ft (Avg/Median): $300 / $305
- Square Footage (Avg/Median): 1,450 / 1,011
- Square Footage Range: 550 – 6,300
- Days on Market (Avg/Median): 102 / 52
- Days on Market Range: 3 – 365
- New Listings: 4
- Total Listings: 99
Sales by Property Type
Condo
Avg/Median Price$281,319 / $269,990Range$164,950 – $457,500Price per Sq Ft$306 / $307Sq Ft936 / 928DOM75 / 51New1Total26
Land
Avg/Median Price$866,333 / $450,000Range$399,000 – $1,750,000Price per Sq Ft—Sq Ft—DOM81 / 44New0Total3
Manufactured
Avg/Median Price$89,744 / $84,900Range$19,400 – $154,000Price per Sq Ft$120 / $137Sq Ft760 / 660DOM263 / 327New0Total26
Single Family
Avg/Median Price$824,593 / $669,900Range$274,990 – $2,280,000Price per Sq Ft$404 / $377Sq Ft2,206 / 1,770DOM56 / 33New3Total42
Townhouse
Avg/Median Price$434,975 / $419,950Range$419,950 – $450,000Price per Sq Ft$360 / $321Sq Ft1,227 / 1,054DOM66 / 20New0Total2
Sales by Bedroom Count
1 Beds
Avg:$123,704Median:$84,900Range:$19,400 – $245,759PSF:$189 / $138Sq Ft:649 / 656DOM:157 / 113New:0Total:16
2 Beds
Avg:$264,245Median:$269,900Range:$37,500 – $649,999PSF:$277 / $281Sq Ft:937 / 928DOM:143 / 92New:1Total:40
3 Beds
Avg:$556,018Median:$575,000Range:$30,000 – $732,000PSF:$388 / $440Sq Ft:1,474 / 1,226DOM:36 / 26New:2Total:20
4 Beds
Avg:$814,769Median:$675,000Range:$599,950 – $1,799,950PSF:$347 / $324Sq Ft:2,348 / 2,120DOM:67 / 10New:1Total:12
5 Beds
Avg:$1,425,780Median:$999,000Range:$815,000 – $2,280,000PSF:$343 / $362Sq Ft:4,111 / 3,200DOM:38 / 36New:0Total:5
6 Beds
Avg:$1,274,999Median:$1,274,999Range:$1,274,999 – $1,274,999PSF:$275 / $275Sq Ft:4,629 / 4,629DOM:105 / 105New:0Total:1
8 Beds
Avg:$1,649,975Median:$1,150,000Range:$1,150,000 – $2,149,950PSF:$379 / $318Sq Ft:4,250 / 3,620DOM:92 / 89New:0Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $123,704 | $84,900 | $19,400 – $245,759 | $189 / $138 | 649 / 656 | 157 / 113 | 0 | 16 |
| 2 Beds | $264,245 | $269,900 | $37,500 – $649,999 | $277 / $281 | 937 / 928 | 143 / 92 | 1 | 40 |
| 3 Beds | $556,018 | $575,000 | $30,000 – $732,000 | $388 / $440 | 1,474 / 1,226 | 36 / 26 | 2 | 20 |
| 4 Beds | $814,769 | $675,000 | $599,950 – $1,799,950 | $347 / $324 | 2,348 / 2,120 | 67 / 10 | 1 | 12 |
| 5 Beds | $1,425,780 | $999,000 | $815,000 – $2,280,000 | $343 / $362 | 4,111 / 3,200 | 38 / 36 | 0 | 5 |
| 6 Beds | $1,274,999 | $1,274,999 | $1,274,999 – $1,274,999 | $275 / $275 | 4,629 / 4,629 | 105 / 105 | 0 | 1 |
| 8 Beds | $1,649,975 | $1,150,000 | $1,150,000 – $2,149,950 | $379 / $318 | 4,250 / 3,620 | 92 / 89 | 0 | 2 |
Rental Market Overview
Median Rent
$1,776
−0.8%
Median DOM
9
0.0%
New Listings
13
Inventory
56
−1.8%
- Average Rent: $1,933
- Median Rent: $1,776
- Rent Range: $1,100 – $3,895
- Rent per Sq Ft (Avg/Median): $3 / $2
- Square Footage (Avg/Median): 842 / 760
- Square Footage Range: 270 – 1,990
- Days on Market (Avg/Median): 86 / 9
- Days on Market Range: 1 – 343
- New Listings: 13
- Total Listings: 56
Rentals by Property Type
Apartment
$1,715
Median DOM: 107
Inventory: 38
MoM: −0.8%
Condo
$1,750
Median DOM: 1
Inventory: 8
MoM: −0.8%
Single Family
$3,000
Median DOM: 1
Inventory: 9
MoM: −0.8%
Townhouse
$1,895
Median DOM: 77
Inventory: 1
MoM: −0.8%
Apartment
Avg/Median Rent$1,746 / $1,715Range$1,100 – $2,750Rent per Sq Ft$3 / $2Sq Ft708 / 695DOM148 / 107New5Total38
Condo
Avg/Median Rent$1,947 / $1,750Range$1,299 – $2,395Rent per Sq Ft$2 / $2Sq Ft964 / 913DOM18 / 1New4Total8
Single Family
Avg/Median Rent$2,714 / $3,000Range$1,400 – $3,895Rent per Sq Ft$2 / $2Sq Ft1,335 / 1,070DOM7 / 1New4Total9
Townhouse
Avg/Median Rent$1,895 / $1,895Range$1,895 – $1,895Rent per Sq Ft$2 / $2Sq Ft980 / 980DOM77 / 77New0Total1
Rentals by Bedroom Count
Studio
Avg:$1,773Median:$1,776Range:$1,100 – $2,637PSF:$5 / $4Sq Ft:408 / 428DOM:153 / 121New:2Total:9
1 Beds
Avg:$1,600Median:$1,550Range:$1,299 – $2,277PSF:$2 / $2Sq Ft:659 / 656DOM:101 / 66New:2Total:19
2 Beds
Avg:$1,929Median:$1,800Range:$1,550 – $2,750PSF:$2 / $2Sq Ft:972 / 950DOM:91 / 10New:6Total:21
3 Beds
Avg:$2,732Median:$2,290Range:$2,290 – $3,350PSF:$2 / $2Sq Ft:1,224 / 1,204DOM:6 / 1New:1Total:4
4 Beds
Avg:$3,480Median:$3,395Range:$3,150 – $3,895PSF:$2 / $2Sq Ft:1,817 / 1,820DOM:1 / 1New:2Total:3
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,773 | $1,776 | $1,100 – $2,637 | $5 / $4 | 408 / 428 | 153 / 121 | 2 | 9 |
| 1 Beds | $1,600 | $1,550 | $1,299 – $2,277 | $2 / $2 | 659 / 656 | 101 / 66 | 2 | 19 |
| 2 Beds | $1,929 | $1,800 | $1,550 – $2,750 | $2 / $2 | 972 / 950 | 91 / 10 | 6 | 21 |
| 3 Beds | $2,732 | $2,290 | $2,290 – $3,350 | $2 / $2 | 1,224 / 1,204 | 6 / 1 | 1 | 4 |
| 4 Beds | $3,480 | $3,395 | $3,150 – $3,895 | $2 / $2 | 1,817 / 1,820 | 1 / 1 | 2 | 3 |
6-Month Sales Trend
Mar 2026
Median Price:$218,999Median DOM:65New:11Total:75
Apr 2026
Median Price:$235,000Median DOM:75New:14Total:80
May 2026
Median Price:$325,000Median DOM:60New:28Total:93
Jun 2026
Median Price:$339,500Median DOM:49New:23Total:102
Jul 2026
Median Price:$344,900Median DOM:47New:19Total:104
Aug 2026
Median Price:$339,500Median DOM:52New:4Total:99
6-Month Rental Trend
Mar 2026
Median Rent:$1,750Median DOM:31New:16Total:61
Apr 2026
Median Rent:$1,710Median DOM:3New:24Total:67
May 2026
Median Rent:$1,775Median DOM:3New:21Total:70
Jun 2026
Median Rent:$1,790Median DOM:12New:15Total:65
Jul 2026
Median Rent:$1,790Median DOM:9New:15Total:57
Aug 2026
Median Rent:$1,776Median DOM:9New:13Total:56
Key Market Takeaways
Median sale prices softened this month while inventory compressed. Days on market lengthened, signaling slower buyer activity. Rental pricing eased, 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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