ZIP 98199 Housing Market Report
Northwest Seattle
Report period: August 2026
98199 Monthly Market Update – August 2026
ZIP 98199 · Last updated Aug 11, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$900,000
−1.9%
Median DOM (Sales)
32
−11.1%
New Listings (Sales)
15
−64.3%
Median Rent
$2,725
+1.1%
Median DOM (Rental)
5
+66.7%
Total Rental Listings
107
+4.9%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market improved. Rents moved higher. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Multi-Family (12 DOM)
- Fastest renting: Condo (1 DOM)
- Strongest bedroom: 5 Beds ($2,650,000 median)
Sales Market Overview
Median Price
$900,000
−1.9%
Median DOM
32
−11.1%
New Listings
15
−64.3%
Inventory
147
+2.8%
- Average Price: $1,311,029
- Median Price: $900,000
- Price Range: $89,975 – $7,175,000
- Price per Sq Ft (Avg/Median): $579 / $541
- Square Footage (Avg/Median): 2,145 / 1,775
- Square Footage Range: 560 – 7,230
- Days on Market (Avg/Median): 50 / 32
- Days on Market Range: 2 – 243
- New Listings: 15
- Total Listings: 147
Sales by Property Type
Condo
Avg/Median Price$454,161 / $390,000Range$275,000 – $929,000Price per Sq Ft$462 / $454Sq Ft975 / 874DOM60 / 39New3Total40
Land
Avg/Median Price$377,244 / $225,000Range$89,975 – $795,000Price per Sq Ft—Sq Ft—DOM143 / 144New0Total4
Multi-Family
Avg/Median Price$985,963 / $900,000Range$829,000 – $1,228,888Price per Sq Ft$464 / $466Sq Ft2,153 / 1,800DOM30 / 12New0Total3
Single Family
Avg/Median Price$2,055,363 / $1,595,000Range$579,950 – $7,175,000Price per Sq Ft$665 / $640Sq Ft3,037 / 2,780DOM38 / 24New11Total71
Townhouse
Avg/Median Price$833,008 / $825,000Range$499,950 – $1,425,000Price per Sq Ft$539 / $520Sq Ft1,571 / 1,640DOM56 / 45New1Total29
Sales by Bedroom Count
1 Beds
Avg:$317,673Median:$312,500Range:$275,000 – $400,000PSF:$454 / $467Sq Ft:706 / 706DOM:65 / 54New:1Total:15
2 Beds
Avg:$560,909Median:$499,000Range:$299,000 – $1,095,000PSF:$527 / $468Sq Ft:1,082 / 1,066DOM:58 / 32New:1Total:31
3 Beds
Avg:$1,010,496Median:$897,000Range:$598,000 – $2,450,000PSF:$547 / $520Sq Ft:1,874 / 1,760DOM:48 / 25New:5Total:44
4 Beds
Avg:$2,250,512Median:$1,725,000Range:$829,000 – $7,175,000PSF:$688 / $653Sq Ft:3,086 / 2,860DOM:39 / 28New:8Total:34
5 Beds
Avg:$2,630,079Median:$2,650,000Range:$1,369,000 – $3,495,000PSF:$676 / $654Sq Ft:3,957 / 3,810DOM:38 / 19New:0Total:12
6 Beds
Avg:$2,548,333Median:$2,095,000Range:$1,090,000 – $4,275,000PSF:$597 / $573Sq Ft:4,135 / 3,655DOM:29 / 19New:0Total:6
7 Beds
Avg:$1,228,888Median:$1,228,888Range:$1,228,888 – $1,228,888PSF:$427 / $427Sq Ft:2,880 / 2,880DOM:12 / 12New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $317,673 | $312,500 | $275,000 – $400,000 | $454 / $467 | 706 / 706 | 65 / 54 | 1 | 15 |
| 2 Beds | $560,909 | $499,000 | $299,000 – $1,095,000 | $527 / $468 | 1,082 / 1,066 | 58 / 32 | 1 | 31 |
| 3 Beds | $1,010,496 | $897,000 | $598,000 – $2,450,000 | $547 / $520 | 1,874 / 1,760 | 48 / 25 | 5 | 44 |
| 4 Beds | $2,250,512 | $1,725,000 | $829,000 – $7,175,000 | $688 / $653 | 3,086 / 2,860 | 39 / 28 | 8 | 34 |
| 5 Beds | $2,630,079 | $2,650,000 | $1,369,000 – $3,495,000 | $676 / $654 | 3,957 / 3,810 | 38 / 19 | 0 | 12 |
| 6 Beds | $2,548,333 | $2,095,000 | $1,090,000 – $4,275,000 | $597 / $573 | 4,135 / 3,655 | 29 / 19 | 0 | 6 |
| 7 Beds | $1,228,888 | $1,228,888 | $1,228,888 – $1,228,888 | $427 / $427 | 2,880 / 2,880 | 12 / 12 | 0 | 1 |
Rental Market Overview
Median Rent
$2,725
+1.1%
Median DOM
5
+66.7%
New Listings
28
Inventory
107
+4.9%
- Average Rent: $3,263
- Median Rent: $2,725
- Rent Range: $1,095 – $9,995
- Rent per Sq Ft (Avg/Median): $3 / $3
- Square Footage (Avg/Median): 1,307 / 1,000
- Square Footage Range: 340 – 4,952
- Days on Market (Avg/Median): 39 / 5
- Days on Market Range: 1 – 345
- New Listings: 28
- Total Listings: 107
Rentals by Property Type
Apartment
$1,995
Median DOM: 20
Inventory: 56
MoM: +1.1%
Condo
$2,850
Median DOM: 1
Inventory: 7
MoM: +1.1%
Single Family
$4,500
Median DOM: 1
Inventory: 29
MoM: +1.1%
Townhouse
$3,995
Median DOM: 4
Inventory: 15
MoM: +1.1%
Apartment
Avg/Median Rent$2,290 / $1,995Range$1,095 – $8,028Rent per Sq Ft$3 / $3Sq Ft831 / 800DOM63 / 20New10Total56
Condo
Avg/Median Rent$2,741 / $2,850Range$1,950 – $3,695Rent per Sq Ft$3 / $3Sq Ft1,039 / 985DOM4 / 1New2Total7
Single Family
Avg/Median Rent$4,969 / $4,500Range$1,350 – $9,995Rent per Sq Ft$2 / $2Sq Ft2,186 / 2,000DOM9 / 1New11Total29
Townhouse
Avg/Median Rent$3,841 / $3,995Range$2,200 – $4,495Rent per Sq Ft$3 / $3Sq Ft1,400 / 1,418DOM23 / 4New5Total15
Rentals by Bedroom Count
Studio
Avg:$1,571Median:$1,195Range:$1,095 – $2,500PSF:$4 / $3Sq Ft:388 / 350DOM:151 / 105New:0Total:4
1 Beds
Avg:$1,772Median:$1,745Range:$1,350 – $2,840PSF:$3 / $3Sq Ft:676 / 675DOM:42 / 11New:5Total:30
2 Beds
Avg:$2,851Median:$2,725Range:$1,925 – $5,435PSF:$3 / $3Sq Ft:1,042 / 1,000DOM:43 / 9New:10Total:41
3 Beds
Avg:$4,460Median:$4,250Range:$3,095 – $8,028PSF:$3 / $3Sq Ft:1,693 / 1,714DOM:24 / 2New:5Total:19
4 Beds
Avg:$6,822Median:$6,295Range:$4,500 – $8,995PSF:$2 / $2Sq Ft:3,051 / 2,920DOM:3 / 1New:5Total:8
5 Beds
Avg:$6,699Median:$6,500Range:$4,500 – $9,995PSF:$2 / $2Sq Ft:3,592 / 3,680DOM:9 / 4New:3Total:5
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,571 | $1,195 | $1,095 – $2,500 | $4 / $3 | 388 / 350 | 151 / 105 | 0 | 4 |
| 1 Beds | $1,772 | $1,745 | $1,350 – $2,840 | $3 / $3 | 676 / 675 | 42 / 11 | 5 | 30 |
| 2 Beds | $2,851 | $2,725 | $1,925 – $5,435 | $3 / $3 | 1,042 / 1,000 | 43 / 9 | 10 | 41 |
| 3 Beds | $4,460 | $4,250 | $3,095 – $8,028 | $3 / $3 | 1,693 / 1,714 | 24 / 2 | 5 | 19 |
| 4 Beds | $6,822 | $6,295 | $4,500 – $8,995 | $2 / $2 | 3,051 / 2,920 | 3 / 1 | 5 | 8 |
| 5 Beds | $6,699 | $6,500 | $4,500 – $9,995 | $2 / $2 | 3,592 / 3,680 | 9 / 4 | 3 | 5 |
6-Month Sales Trend
Mar 2026
Median Price:$1,220,000Median DOM:14New:70Total:152
Apr 2026
Median Price:$1,145,000Median DOM:19New:54Total:163
May 2026
Median Price:$1,100,000Median DOM:19New:54Total:159
Jun 2026
Median Price:$998,500Median DOM:26New:46Total:152
Jul 2026
Median Price:$917,000Median DOM:36New:42Total:143
Aug 2026
Median Price:$900,000Median DOM:32New:15Total:147
6-Month Rental Trend
Mar 2026
Median Rent:$2,345Median DOM:7New:32Total:71
Apr 2026
Median Rent:$2,295Median DOM:3New:40Total:81
May 2026
Median Rent:$2,495Median DOM:3New:36Total:90
Jun 2026
Median Rent:$2,395Median DOM:5New:34Total:89
Jul 2026
Median Rent:$2,695Median DOM:3New:46Total:102
Aug 2026
Median Rent:$2,725Median DOM:5New:28Total:107
Key Market Takeaways
Median sale prices softened this month while inventory expanded. Days on market declined, signaling improving 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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