ZIP 98199 Housing Market Report

Northwest Seattle

Report period: July 2026

98199 Monthly Market Update – July 2026

ZIP 98199 · Last updated Jul 11, 2026 · Data range Feb 2026 – Jul 2026

Executive Snapshot

Median Sale Price
$999,000
+0.1%
Median DOM (Sales)
30
+15.4%
New Listings (Sales)
12
−73.9%
Median Rent
$2,495
+4.2%
Median DOM (Rental)
4
−20.0%
Total Rental Listings
93
+4.5%

Month-over-Month Movement

Median sale prices moved higher. Days on market lengthened. 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 ($2,900,000 median)

Sales Market Overview

Median Price
$999,000
+0.1%
Median DOM
30
+15.4%
New Listings
12
−73.9%
Inventory
146
−3.9%
  • Average Price: $1,369,735
  • Median Price: $999,000
  • Price Range: $89,975 – $7,175,000
  • Price per Sq Ft (Avg/Median): $588 / $552
  • Square Footage (Avg/Median): 2,230 / 1,820
  • Square Footage Range: 560 – 7,230
  • Days on Market (Avg/Median): 47 / 30
  • Days on Market Range: 2 – 219
  • New Listings: 12
  • Total Listings: 146

Sales by Property Type

Condo
Avg/Median Price$489,670 / $395,000Range$275,000 – $1,793,000Price per Sq Ft$470 / $471Sq Ft1,035 / 882DOM63 / 50New2Total33
Land
Avg/Median Price$325,795 / $225,000Range$89,975 – $795,000Price per Sq FtSq FtDOM120 / 113New0Total5
Multi-Family
Avg/Median Price$1,033,000 / $900,000Range$849,000 – $1,350,000Price per Sq Ft$448 / $477Sq Ft2,421 / 1,800DOM24 / 12New1Total3
Single Family
Avg/Median Price$2,036,620 / $1,550,000Range$599,950 – $7,175,000Price per Sq Ft$656 / $630Sq Ft3,003 / 2,750DOM35 / 19New8Total75
Townhouse
Avg/Median Price$878,260 / $825,000Range$499,950 – $1,850,000Price per Sq Ft$562 / $527Sq Ft1,593 / 1,630DOM50 / 37New1Total30

Sales by Bedroom Count

1 Beds
Avg:$318,109Median:$319,950Range:$275,000 – $355,000PSF:$472 / $471Sq Ft:680 / 700DOM:65 / 60New:0Total:11
2 Beds
Avg:$647,027Median:$500,000Range:$299,000 – $1,750,000PSF:$538 / $486Sq Ft:1,172 / 1,010DOM:56 / 47New:2Total:29
3 Beds
Avg:$1,104,377Median:$945,000Range:$598,000 – $3,998,000PSF:$567 / $552Sq Ft:1,939 / 1,800DOM:38 / 17New:5Total:50
4 Beds
Avg:$2,237,512Median:$1,725,000Range:$849,000 – $7,175,000PSF:$659 / $603Sq Ft:3,189 / 2,870DOM:41 / 30New:2Total:32
5 Beds
Avg:$2,668,473Median:$2,900,000Range:$1,420,000 – $3,700,000PSF:$708 / $712Sq Ft:3,812 / 3,810DOM:41 / 23New:1Total:13
6 Beds
Avg:$2,620,000Median:$2,095,000Range:$1,090,000 – $4,500,000PSF:$596 / $573Sq Ft:4,225 / 3,655DOM:44 / 4New:2Total:4
8 Beds
Avg:$2,050,000Median:$1,350,000Range:$1,350,000 – $2,750,000PSF:$539 / $367Sq Ft:3,774 / 3,683DOM:17 / 12New:0Total:2

Rental Market Overview

Median Rent
$2,495
+4.2%
Median DOM
4
−20.0%
New Listings
22
Inventory
93
+4.5%
  • Average Rent: $3,063
  • Median Rent: $2,495
  • Rent Range: $1,095 – $9,000
  • Rent per Sq Ft (Avg/Median): $3 / $3
  • Square Footage (Avg/Median): 1,208 / 928
  • Square Footage Range: 340 – 3,710
  • Days on Market (Avg/Median): 46 / 4
  • Days on Market Range: 1 – 361
  • New Listings: 22
  • Total Listings: 93

Rentals by Property Type

Apartment
$1,995
Median DOM: 12
Inventory: 53
MoM: +4.2%
Condo
$3,000
Median DOM: 1
Inventory: 3
MoM: +4.2%
Single Family
$4,500
Median DOM: 1
Inventory: 26
MoM: +4.2%
Townhouse
$3,995
Median DOM: 9
Inventory: 11
MoM: +4.2%
Apartment
Avg/Median Rent$2,269 / $1,995Range$1,095 – $8,028Rent per Sq Ft$3 / $3Sq Ft817 / 800DOM71 / 12New10Total53
Condo
Avg/Median Rent$2,998 / $3,000Range$2,400 – $3,595Rent per Sq Ft$3 / $3Sq Ft1,139 / 1,117DOM1 / 1New1Total3
Single Family
Avg/Median Rent$4,379 / $4,500Range$1,350 – $9,000Rent per Sq Ft$3 / $2Sq Ft1,874 / 1,850DOM7 / 1New8Total26
Townhouse
Avg/Median Rent$3,794 / $3,995Range$2,200 – $5,100Rent per Sq Ft$3 / $3Sq Ft1,449 / 1,343DOM32 / 9New3Total11

Rentals by Bedroom Count

Studio
Avg:$2,066Median:$1,495Range:$1,095 – $3,176PSF:$4 / $3Sq Ft:400 / 400DOM:136 / 96New:1Total:4
1 Beds
Avg:$1,858Median:$1,795Range:$1,350 – $2,840PSF:$3 / $3Sq Ft:694 / 676DOM:60 / 2New:8Total:31
2 Beds
Avg:$2,835Median:$2,550Range:$1,795 – $5,435PSF:$3 / $3Sq Ft:1,058 / 1,000DOM:43 / 9New:5Total:36
3 Beds
Avg:$4,716Median:$4,495Range:$3,095 – $8,028PSF:$2 / $2Sq Ft:1,873 / 1,886DOM:25 / 5New:4Total:13
4 Beds
Avg:$6,563Median:$6,295Range:$4,800 – $9,000PSF:$2 / $2Sq Ft:2,864 / 2,540DOM:3 / 1New:3Total:7
5 Beds
Avg:$4,850Median:$4,500Range:$4,500 – $5,200PSF:$2 / $1Sq Ft:3,140 / 2,600DOM:4 / 2New:1Total:2

6-Month Sales Trend

Feb 2026
Median Price:$1,220,000Median DOM:22New:44Total:118
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:$999,000Median DOM:30New:12Total:146

6-Month Rental Trend

Feb 2026
Median Rent:$2,395Median DOM:1New:20Total:67
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:$2,495Median DOM:4New:22Total:93

Key Market Takeaways

Median sale prices moved higher this month while inventory compressed. Days on market lengthened, signaling slower 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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