ZIP 98188 Housing Market Report

Northwest Seattle

Report period: March 2026

98188 Monthly Market Update – March 2026

ZIP 98188 · Last updated Mar 12, 2026 · Data range Oct 2025 – Mar 2026

Executive Snapshot

Median Sale Price
$215,000
0.0%
Median DOM (Sales)
131
+5.6%
New Listings (Sales)
3
−81.3%
Median Rent
$1,775
−1.4%
Median DOM (Rental)
71
+163.0%
Total Rental Listings
58
−4.9%

Month-over-Month Movement

Median sale prices were flat. Days on market lengthened. Rents softened. Rental inventory tightened.

What's Moving Fastest

  • Fastest selling: Multi-Family (9 DOM)
  • Fastest renting: Single Family (1 DOM)
  • Strongest bedroom: 8 Beds ($2,399,999 median)

Sales Market Overview

Median Price
$215,000
0.0%
Median DOM
131
+5.6%
New Listings
3
−81.3%
Inventory
80
−1.2%
  • Average Price: $392,021
  • Median Price: $215,000
  • Price Range: $19,999 – $2,399,999
  • Price per Sq Ft (Avg/Median): $257 / $252
  • Square Footage (Avg/Median): 1,320 / 900
  • Square Footage Range: 540 – 5,788
  • Days on Market (Avg/Median): 124 / 131
  • Days on Market Range: 2 – 363
  • New Listings: 3
  • Total Listings: 80

Sales by Property Type

Condo
Avg/Median Price$267,021 / $249,950Range$194,950 – $484,999Price per Sq Ft$305 / $303Sq Ft898 / 892DOM93 / 54New1Total18
Land
Avg/Median Price$239,000 / $79,000Range$79,000 – $399,000Price per Sq FtSq FtDOM51 / 26New0Total2
Manufactured
Avg/Median Price$100,154 / $99,900Range$19,999 – $264,900Price per Sq Ft$125 / $129Sq Ft800 / 690DOM194 / 212New0Total35
Multi-Family
Avg/Median Price$1,075,000 / $1,075,000Range$1,075,000 – $1,075,000Price per Sq Ft$294 / $294Sq Ft3,660 / 3,660DOM9 / 9New0Total1
Single Family
Avg/Median Price$956,281 / $725,000Range$520,000 – $2,399,999Price per Sq Ft$425 / $360Sq Ft2,410 / 2,240DOM55 / 28New1Total21
Townhouse
Avg/Median Price$471,667 / $495,000Range$405,000 – $515,000Price per Sq Ft$323 / $347Sq Ft1,496 / 1,400DOM85 / 27New1Total3

Sales by Bedroom Count

1 Beds
Avg:$128,428Median:$84,900Range:$28,850 – $249,950PSF:$194 / $138Sq Ft:656 / 656DOM:178 / 210New:1Total:18
2 Beds
Avg:$203,060Median:$154,000Range:$19,999 – $649,999PSF:$222 / $175Sq Ft:900 / 892DOM:152 / 174New:1Total:36
3 Beds
Avg:$679,981Median:$515,000Range:$125,000 – $2,200,000PSF:$374 / $268Sq Ft:1,680 / 1,176DOM:69 / 27New:0Total:8
4 Beds
Avg:$839,216Median:$669,000Range:$599,998 – $1,950,000PSF:$365 / $352Sq Ft:2,255 / 2,240DOM:28 / 6New:1Total:9
5 Beds
Avg:$948,333Median:$850,000Range:$545,000 – $1,450,000PSF:$312 / $330Sq Ft:3,149 / 3,598DOM:81 / 50New:0Total:3
6 Beds
Avg:$974,500Median:$899,000Range:$899,000 – $1,050,000PSF:$320 / $296Sq Ft:3,048 / 3,040DOM:96 / 49New:0Total:2
7 Beds
Avg:$1,075,000Median:$1,075,000Range:$1,075,000 – $1,075,000PSF:$294 / $294Sq Ft:3,660 / 3,660DOM:9 / 9New:0Total:1
8 Beds
Avg:$2,399,999Median:$2,399,999Range:$2,399,999 – $2,399,999PSF:$415 / $415Sq Ft:5,788 / 5,788DOM:28 / 28New:0Total:1

Rental Market Overview

Median Rent
$1,775
−1.4%
Median DOM
71
+163.0%
New Listings
9
Inventory
58
−4.9%
  • Average Rent: $1,838
  • Median Rent: $1,775
  • Rent Range: $899 – $3,787
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 791 / 773
  • Square Footage Range: 270 – 1,480
  • Days on Market (Avg/Median): 94 / 71
  • Days on Market Range: 1 – 364
  • New Listings: 9
  • Total Listings: 58

Rentals by Property Type

Apartment
$1,615
Median DOM: 119
Inventory: 38
MoM: −1.4%
Condo
$2,000
Median DOM: 10
Inventory: 8
MoM: −1.4%
Single Family
$1,800
Median DOM: 1
Inventory: 8
MoM: −1.4%
Townhouse
$1,995
Median DOM: 71
Inventory: 4
MoM: −1.4%
Apartment
Avg/Median Rent$1,684 / $1,615Range$899 – $2,554Rent per Sq Ft$3 / $2Sq Ft706 / 705DOM128 / 119New3Total38
Condo
Avg/Median Rent$1,983 / $2,000Range$1,475 – $2,740Rent per Sq Ft$2 / $2Sq Ft930 / 908DOM37 / 10New3Total8
Single Family
Avg/Median Rent$2,093 / $1,800Range$1,150 – $3,200Rent per Sq Ft$2 / $2Sq Ft983 / 980DOM36 / 1New3Total8
Townhouse
Avg/Median Rent$2,508 / $1,995Range$1,950 – $3,787Rent per Sq Ft$2 / $2Sq Ft1,052 / 980DOM74 / 71New0Total4

Rentals by Bedroom Count

Studio
Avg:$1,476Median:$1,330Range:$899 – $2,159PSF:$4 / $3Sq Ft:399 / 428DOM:194 / 190New:0Total:9
1 Beds
Avg:$1,613Median:$1,595Range:$1,150 – $2,554PSF:$2 / $2Sq Ft:687 / 698DOM:101 / 39New:2Total:19
2 Beds
Avg:$1,927Median:$1,900Range:$1,475 – $2,740PSF:$2 / $2Sq Ft:949 / 950DOM:69 / 71New:6Total:26
3 Beds
Avg:$3,127Median:$2,800Range:$2,795 – $3,787PSF:$3 / $2Sq Ft:1,085 / 1,020DOM:36 / 17New:1Total:3
4 Beds
Avg:$3,200Median:$3,200Range:$3,200 – $3,200PSF:$2 / $2Sq Ft:1,480 / 1,480DOM:1 / 1New:0Total:1

6-Month Sales Trend

Oct 2025
Median Price:$269,950Median DOM:48New:19Total:105
Nov 2025
Median Price:$252,000Median DOM:65New:17Total:99
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:$215,000Median DOM:131New:3Total:80

6-Month Rental Trend

Oct 2025
Median Rent:$1,599Median DOM:13New:22Total:58
Nov 2025
Median Rent:$1,599Median DOM:40New:20Total:56
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:$1,775Median DOM:71New:9Total:58

Key Market Takeaways

Median sale prices held steady 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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