ZIP 98198 Housing Market Report
Northwest Seattle
Report period: March 2026
98198 Monthly Market Update – March 2026
ZIP 98198 · Last updated Mar 12, 2026 · Data range Oct 2025 – Mar 2026
Executive Snapshot
Median Sale Price
$489,000
+8.7%
Median DOM (Sales)
39
0.0%
New Listings (Sales)
10
−65.5%
Median Rent
$1,795
0.0%
Median DOM (Rental)
24
−4.0%
Total Rental Listings
82
−6.8%
Month-over-Month Movement
Median sale prices moved higher. Rents were stable. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Multi-Family (16 DOM)
- Fastest renting: Single Family (1 DOM)
- Strongest bedroom: 8 Beds ($1,095,000 median)
Sales Market Overview
Median Price
$489,000
+8.7%
Median DOM
39
0.0%
New Listings
10
−65.5%
Inventory
115
+9.5%
- Average Price: $565,935
- Median Price: $489,000
- Price Range: $35,000 – $3,699,999
- Price per Sq Ft (Avg/Median): $359 / $358
- Square Footage (Avg/Median): 1,652 / 1,340
- Square Footage Range: 466 – 6,548
- Days on Market (Avg/Median): 67 / 39
- Days on Market Range: 1 – 287
- New Listings: 10
- Total Listings: 115
Sales by Property Type
Condo
Avg/Median Price$392,884 / $350,000Range$174,999 – $725,000Price per Sq Ft$372 / $367Sq Ft1,066 / 1,071DOM67 / 42New2Total43
Land
Avg/Median Price$312,329 / $225,000Range$35,000 – $999,950Price per Sq Ft—Sq Ft—DOM139 / 147New1Total12
Manufactured
Avg/Median Price$164,667 / $120,000Range$85,000 – $289,000Price per Sq Ft$148 / $153Sq Ft1,108 / 1,248DOM78 / 70New0Total3
Multi-Family
Avg/Median Price$1,081,666 / $1,095,000Range$1,050,000 – $1,099,999Price per Sq Ft$284 / $294Sq Ft3,823 / 3,730DOM41 / 16New0Total3
Single Family
Avg/Median Price$802,416 / $665,000Range$375,000 – $3,699,999Price per Sq Ft$373 / $367Sq Ft2,122 / 1,900DOM51 / 23New5Total47
Townhouse
Avg/Median Price$426,850 / $399,000Range$375,000 – $619,000Price per Sq Ft$309 / $310Sq Ft1,395 / 1,281DOM55 / 32New2Total7
Sales by Bedroom Count
1 Beds
Avg:$208,300Median:$199,950Range:$174,999 – $249,950PSF:$437 / $429Sq Ft:475 / 466DOM:47 / 47New:0Total:3
2 Beds
Avg:$394,452Median:$384,000Range:$85,000 – $699,500PSF:$363 / $363Sq Ft:1,094 / 1,092DOM:67 / 39New:2Total:43
3 Beds
Avg:$525,638Median:$550,000Range:$120,000 – $995,000PSF:$348 / $358Sq Ft:1,494 / 1,420DOM:47 / 30New:3Total:29
4 Beds
Avg:$748,050Median:$699,950Range:$569,000 – $1,395,000PSF:$345 / $351Sq Ft:2,202 / 1,996DOM:59 / 15New:4Total:17
5 Beds
Avg:$1,567,856Median:$825,000Range:$799,000 – $3,699,999PSF:$404 / $367Sq Ft:3,681 / 3,064DOM:64 / 34New:0Total:8
8 Beds
Avg:$1,081,666Median:$1,095,000Range:$1,050,000 – $1,099,999PSF:$284 / $294Sq Ft:3,823 / 3,730DOM:41 / 16New:0Total:3
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $208,300 | $199,950 | $174,999 – $249,950 | $437 / $429 | 475 / 466 | 47 / 47 | 0 | 3 |
| 2 Beds | $394,452 | $384,000 | $85,000 – $699,500 | $363 / $363 | 1,094 / 1,092 | 67 / 39 | 2 | 43 |
| 3 Beds | $525,638 | $550,000 | $120,000 – $995,000 | $348 / $358 | 1,494 / 1,420 | 47 / 30 | 3 | 29 |
| 4 Beds | $748,050 | $699,950 | $569,000 – $1,395,000 | $345 / $351 | 2,202 / 1,996 | 59 / 15 | 4 | 17 |
| 5 Beds | $1,567,856 | $825,000 | $799,000 – $3,699,999 | $404 / $367 | 3,681 / 3,064 | 64 / 34 | 0 | 8 |
| 8 Beds | $1,081,666 | $1,095,000 | $1,050,000 – $1,099,999 | $284 / $294 | 3,823 / 3,730 | 41 / 16 | 0 | 3 |
Rental Market Overview
Median Rent
$1,795
0.0%
Median DOM
24
−4.0%
New Listings
14
Inventory
82
−6.8%
- Average Rent: $2,125
- Median Rent: $1,795
- Rent Range: $950 – $5,295
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,108 / 850
- Square Footage Range: 380 – 3,910
- Days on Market (Avg/Median): 57 / 24
- Days on Market Range: 1 – 353
- New Listings: 14
- Total Listings: 82
Rentals by Property Type
Apartment
$1,595
Median DOM: 67
Inventory: 36
MoM: 0.0%
Condo
$1,850
Median DOM: 21
Inventory: 11
MoM: 0.0%
Single Family
$2,798
Median DOM: 1
Inventory: 33
MoM: 0.0%
Townhouse
$950
Median DOM: 4
Inventory: 2
MoM: 0.0%
Apartment
Avg/Median Rent$1,585 / $1,595Range$1,075 – $2,550Rent per Sq Ft$3 / $2Sq Ft667 / 652DOM100 / 67New1Total36
Condo
Avg/Median Rent$1,948 / $1,850Range$1,750 – $2,595Rent per Sq Ft$2 / $2Sq Ft877 / 920DOM31 / 21New0Total11
Single Family
Avg/Median Rent$2,795 / $2,798Range$1,100 – $5,295Rent per Sq Ft$2 / $2Sq Ft1,676 / 1,540DOM25 / 1New12Total33
Townhouse
Avg/Median Rent$1,775 / $950Range$950 – $2,600Rent per Sq Ft$2 / $2Sq Ft1,330 / 1,330DOM95 / 4New1Total2
Rentals by Bedroom Count
Studio
Avg:$1,317Median:$1,250Range:$1,100 – $1,700PSF:$3 / $3Sq Ft:476 / 450DOM:154 / 133New:0Total:10
1 Beds
Avg:$1,511Median:$1,595Range:$950 – $1,927PSF:$3 / $3Sq Ft:602 / 652DOM:42 / 27New:5Total:21
2 Beds
Avg:$1,931Median:$1,845Range:$1,525 – $2,595PSF:$2 / $2Sq Ft:924 / 900DOM:47 / 24New:2Total:27
3 Beds
Avg:$2,848Median:$2,798Range:$1,295 – $4,000PSF:$2 / $2Sq Ft:1,671 / 1,540DOM:50 / 9New:4Total:15
4 Beds
Avg:$3,799Median:$3,600Range:$3,200 – $4,995PSF:$1 / $2Sq Ft:2,684 / 2,280DOM:1 / 1New:3Total:5
5 Beds
Avg:$3,875Median:$3,310Range:$3,195 – $5,295PSF:$2 / $2Sq Ft:2,320 / 2,100DOM:37 / 1New:0Total:4
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,317 | $1,250 | $1,100 – $1,700 | $3 / $3 | 476 / 450 | 154 / 133 | 0 | 10 |
| 1 Beds | $1,511 | $1,595 | $950 – $1,927 | $3 / $3 | 602 / 652 | 42 / 27 | 5 | 21 |
| 2 Beds | $1,931 | $1,845 | $1,525 – $2,595 | $2 / $2 | 924 / 900 | 47 / 24 | 2 | 27 |
| 3 Beds | $2,848 | $2,798 | $1,295 – $4,000 | $2 / $2 | 1,671 / 1,540 | 50 / 9 | 4 | 15 |
| 4 Beds | $3,799 | $3,600 | $3,200 – $4,995 | $1 / $2 | 2,684 / 2,280 | 1 / 1 | 3 | 5 |
| 5 Beds | $3,875 | $3,310 | $3,195 – $5,295 | $2 / $2 | 2,320 / 2,100 | 37 / 1 | 0 | 4 |
6-Month Sales Trend
Oct 2025
Median Price:$575,000Median DOM:42New:39Total:148
Nov 2025
Median Price:$550,000Median DOM:52New:21Total:143
Dec 2025
Median Price:$550,000Median DOM:72New:13Total:113
Jan 2026
Median Price:$432,600Median DOM:62New:27Total:95
Feb 2026
Median Price:$450,000Median DOM:39New:29Total:105
Mar 2026
Median Price:$489,000Median DOM:39New:10Total:115
6-Month Rental Trend
Oct 2025
Median Rent:$1,767Median DOM:43New:12Total:56
Nov 2025
Median Rent:$1,725Median DOM:31New:25Total:66
Dec 2025
Median Rent:$1,800Median DOM:31New:29Total:83
Jan 2026
Median Rent:$1,795Median DOM:29New:30Total:88
Feb 2026
Median Rent:$1,795Median DOM:25New:22Total:88
Mar 2026
Median Rent:$1,795Median DOM:24New:14Total:82
Key Market Takeaways
Median sale prices moved higher this month while inventory expanded. Days on market were unchanged, signaling steady 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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