ZIP 98198 Housing Market Report
Northwest Seattle
Report period: June 2026
98198 Monthly Market Update – June 2026
ZIP 98198 · Last updated Jun 13, 2026 · Data range Jan 2026 – Jun 2026
Executive Snapshot
Median Sale Price
$550,000
+1.9%
Median DOM (Sales)
25
−3.8%
New Listings (Sales)
22
−56.0%
Median Rent
$1,795
0.0%
Median DOM (Rental)
9
−10.0%
Total Rental Listings
75
−1.3%
Month-over-Month Movement
Median sale prices moved higher. Days on market improved. Rents were stable. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Single Family (14 DOM)
- Fastest renting: Single Family (1 DOM)
- Strongest bedroom: 5 Beds ($1,100,000 median)
Sales Market Overview
Median Price
$550,000
+1.9%
Median DOM
25
−3.8%
New Listings
22
−56.0%
Inventory
170
+4.9%
- Average Price: $621,289
- Median Price: $550,000
- Price Range: $35,000 – $2,275,000
- Price per Sq Ft (Avg/Median): $386 / $377
- Square Footage (Avg/Median): 1,734 / 1,430
- Square Footage Range: 466 – 4,788
- Days on Market (Avg/Median): 53 / 25
- Days on Market Range: 2 – 353
- New Listings: 22
- Total Listings: 170
Sales by Property Type
Condo
Avg/Median Price$404,317 / $375,000Range$179,850 – $795,000Price per Sq Ft$378 / $376Sq Ft1,062 / 1,067DOM71 / 57New6Total47
Land
Avg/Median Price$332,067 / $250,000Range$35,000 – $950,000Price per Sq Ft—Sq Ft—DOM138 / 74New2Total15
Manufactured
Avg/Median Price$146,100 / $75,000Range$39,900 – $250,000Price per Sq Ft$113 / $60Sq Ft1,222 / 1,248DOM105 / 81New0Total4
Multi-Family
Avg/Median Price$798,667 / $698,000Range$598,000 – $1,100,000Price per Sq Ft$328 / $298Sq Ft2,733 / 3,240DOM26 / 19New1Total3
Single Family
Avg/Median Price$806,758 / $699,950Range$424,500 – $2,275,000Price per Sq Ft$408 / $391Sq Ft2,106 / 2,000DOM28 / 14New12Total89
Townhouse
Avg/Median Price$571,121 / $420,000Range$359,950 – $1,295,000Price per Sq Ft$361 / $318Sq Ft1,522 / 1,350DOM45 / 30New1Total12
Sales by Bedroom Count
1 Beds
Avg:$309,250Median:$235,950Range:$179,850 – $875,000PSF:$458 / $394Sq Ft:621 / 559DOM:48 / 58New:1Total:7
2 Beds
Avg:$460,511Median:$415,000Range:$39,900 – $1,295,000PSF:$401 / $377Sq Ft:1,146 / 1,109DOM:60 / 36New:7Total:58
3 Beds
Avg:$628,556Median:$595,000Range:$274,950 – $1,101,500PSF:$390 / $391Sq Ft:1,629 / 1,470DOM:37 / 14New:9Total:43
4 Beds
Avg:$846,703Median:$750,000Range:$475,000 – $1,749,500PSF:$374 / $366Sq Ft:2,291 / 2,116DOM:26 / 14New:3Total:29
5 Beds
Avg:$1,227,591Median:$1,100,000Range:$499,999 – $2,275,000PSF:$358 / $375Sq Ft:3,301 / 3,160DOM:38 / 22New:0Total:11
6 Beds
Avg:$820,750Median:$698,000Range:$660,000 – $1,100,000PSF:$233 / $215Sq Ft:3,498 / 3,240DOM:48 / 21New:0Total:4
7 Beds
Avg:$1,147,500Median:$1,095,000Range:$1,095,000 – $1,200,000PSF:$314 / $282Sq Ft:3,715 / 3,170DOM:43 / 17New:0Total:2
8 Beds
Avg:$1,100,000Median:$1,100,000Range:$1,100,000 – $1,100,000PSF:$298 / $298Sq Ft:3,690 / 3,690DOM:54 / 54New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $309,250 | $235,950 | $179,850 – $875,000 | $458 / $394 | 621 / 559 | 48 / 58 | 1 | 7 |
| 2 Beds | $460,511 | $415,000 | $39,900 – $1,295,000 | $401 / $377 | 1,146 / 1,109 | 60 / 36 | 7 | 58 |
| 3 Beds | $628,556 | $595,000 | $274,950 – $1,101,500 | $390 / $391 | 1,629 / 1,470 | 37 / 14 | 9 | 43 |
| 4 Beds | $846,703 | $750,000 | $475,000 – $1,749,500 | $374 / $366 | 2,291 / 2,116 | 26 / 14 | 3 | 29 |
| 5 Beds | $1,227,591 | $1,100,000 | $499,999 – $2,275,000 | $358 / $375 | 3,301 / 3,160 | 38 / 22 | 0 | 11 |
| 6 Beds | $820,750 | $698,000 | $660,000 – $1,100,000 | $233 / $215 | 3,498 / 3,240 | 48 / 21 | 0 | 4 |
| 7 Beds | $1,147,500 | $1,095,000 | $1,095,000 – $1,200,000 | $314 / $282 | 3,715 / 3,170 | 43 / 17 | 0 | 2 |
| 8 Beds | $1,100,000 | $1,100,000 | $1,100,000 – $1,100,000 | $298 / $298 | 3,690 / 3,690 | 54 / 54 | 0 | 1 |
Rental Market Overview
Median Rent
$1,795
0.0%
Median DOM
9
−10.0%
New Listings
17
Inventory
75
−1.3%
- Average Rent: $2,145
- Median Rent: $1,795
- Rent Range: $677 – $5,750
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,090 / 769
- Square Footage Range: 380 – 4,750
- Days on Market (Avg/Median): 49 / 9
- Days on Market Range: 1 – 304
- New Listings: 17
- Total Listings: 75
Rentals by Property Type
Apartment
$1,725
Median DOM: 39
Inventory: 35
MoM: 0.0%
Condo
$2,000
Median DOM: 45
Inventory: 4
MoM: 0.0%
Single Family
$2,395
Median DOM: 1
Inventory: 34
MoM: 0.0%
Townhouse
$1,950
Median DOM: 6
Inventory: 2
MoM: 0.0%
Apartment
Avg/Median Rent$1,719 / $1,725Range$677 – $3,395Rent per Sq Ft$3 / $2Sq Ft706 / 694DOM87 / 39New4Total35
Condo
Avg/Median Rent$1,862 / $2,000Range$1,250 – $2,200Rent per Sq Ft$2 / $2Sq Ft798 / 769DOM31 / 45New0Total4
Single Family
Avg/Median Rent$2,627 / $2,395Range$800 – $5,750Rent per Sq Ft$2 / $2Sq Ft1,533 / 1,264DOM25 / 1New13Total34
Townhouse
Avg/Median Rent$1,960 / $1,950Range$1,950 – $1,970Rent per Sq Ft$2 / $2Sq Ft958 / 716DOM6 / 6New0Total2
Rentals by Bedroom Count
Studio
Avg:$1,358Median:$1,375Range:$1,150 – $1,695PSF:$3 / $3Sq Ft:447 / 425DOM:73 / 25New:2Total:9
1 Beds
Avg:$1,586Median:$1,595Range:$800 – $2,073PSF:$3 / $2Sq Ft:664 / 675DOM:69 / 5New:6Total:22
2 Beds
Avg:$1,852Median:$1,795Range:$677 – $2,500PSF:$2 / $2Sq Ft:885 / 850DOM:47 / 22New:3Total:24
3 Beds
Avg:$3,016Median:$3,030Range:$2,290 – $3,695PSF:$2 / $2Sq Ft:1,663 / 1,780DOM:25 / 1New:3Total:12
4 Beds
Avg:$3,713Median:$3,720Range:$3,150 – $4,495PSF:$2 / $2Sq Ft:2,313 / 2,240DOM:11 / 1New:2Total:5
5 Beds
Avg:$5,522Median:$5,295Range:$5,295 – $5,750PSF:$2 / $1Sq Ft:3,535 / 2,320DOM:79 / 13New:0Total:2
6 Beds
Avg:$3,490Median:$3,490Range:$3,490 – $3,490PSF:$1 / $1Sq Ft:2,400 / 2,400DOM:1 / 1New:1Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,358 | $1,375 | $1,150 – $1,695 | $3 / $3 | 447 / 425 | 73 / 25 | 2 | 9 |
| 1 Beds | $1,586 | $1,595 | $800 – $2,073 | $3 / $2 | 664 / 675 | 69 / 5 | 6 | 22 |
| 2 Beds | $1,852 | $1,795 | $677 – $2,500 | $2 / $2 | 885 / 850 | 47 / 22 | 3 | 24 |
| 3 Beds | $3,016 | $3,030 | $2,290 – $3,695 | $2 / $2 | 1,663 / 1,780 | 25 / 1 | 3 | 12 |
| 4 Beds | $3,713 | $3,720 | $3,150 – $4,495 | $2 / $2 | 2,313 / 2,240 | 11 / 1 | 2 | 5 |
| 5 Beds | $5,522 | $5,295 | $5,295 – $5,750 | $2 / $1 | 3,535 / 2,320 | 79 / 13 | 0 | 2 |
| 6 Beds | $3,490 | $3,490 | $3,490 – $3,490 | $1 / $1 | 2,400 / 2,400 | 1 / 1 | 1 | 1 |
6-Month Sales Trend
Jan 2026
Median Price:$432,600Median DOM:62New:27Total:95
Feb 2026
Median Price:$450,000Median DOM:39New:29Total:105
Mar 2026
Median Price:$525,000Median DOM:33New:36Total:118
Apr 2026
Median Price:$540,000Median DOM:27New:49Total:142
May 2026
Median Price:$540,000Median DOM:26New:50Total:162
Jun 2026
Median Price:$550,000Median DOM:25New:22Total:170
6-Month Rental Trend
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:21Total:70
Apr 2026
Median Rent:$1,795Median DOM:21New:24Total:75
May 2026
Median Rent:$1,795Median DOM:10New:30Total:76
Jun 2026
Median Rent:$1,795Median DOM:9New:17Total:75
Key Market Takeaways
Median sale prices moved higher this month while inventory expanded. Days on market declined, signaling improving 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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