ZIP 98199 Housing Market Report

Northwest Seattle

Report period: March 2026

98199 Monthly Market Update – March 2026

ZIP 98199 · Last updated Mar 12, 2026 · Data range Oct 2025 – Mar 2026

Executive Snapshot

Median Sale Price
$1,225,000
+0.4%
Median DOM (Sales)
16
−27.3%
New Listings (Sales)
21
−52.3%
Median Rent
$2,395
0.0%
Median DOM (Rental)
3
+200.0%
Total Rental Listings
67
0.0%

Month-over-Month Movement

Median sale prices moved higher. Days on market improved. Rents were stable.

What's Moving Fastest

  • Fastest selling: Multi-Family (3 DOM)
  • Fastest renting: Condo (1 DOM)
  • Strongest bedroom: 6 Beds ($3,250,000 median)

Sales Market Overview

Median Price
$1,225,000
+0.4%
Median DOM
16
−27.3%
New Listings
21
−52.3%
Inventory
137
+16.1%
  • Average Price: $1,419,996
  • Median Price: $1,225,000
  • Price Range: $99,000 – $4,745,000
  • Price per Sq Ft (Avg/Median): $618 / $593
  • Square Footage (Avg/Median): 2,345 / 2,140
  • Square Footage Range: 554 – 6,656
  • Days on Market (Avg/Median): 42 / 16
  • Days on Market Range: 1 – 219
  • New Listings: 21
  • Total Listings: 137

Sales by Property Type

Condo
Avg/Median Price$631,876 / $500,000Range$275,000 – $1,999,000Price per Sq Ft$539 / $503Sq Ft1,147 / 1,051DOM45 / 22New3Total34
Land
Avg/Median Price$248,000 / $149,000Range$99,000 – $795,000Price per Sq FtSq FtDOM104 / 9New3Total9
Multi-Family
Avg/Median Price$1,400,000 / $1,250,000Range$1,250,000 – $1,550,000Price per Sq Ft$411 / $408Sq Ft3,410 / 3,020DOM5 / 3New1Total2
Single Family
Avg/Median Price$2,008,816 / $1,799,000Range$725,000 – $4,745,000Price per Sq Ft$664 / $660Sq Ft3,007 / 2,980DOM34 / 15New13Total77
Townhouse
Avg/Median Price$889,657 / $819,950Range$650,000 – $1,400,000Price per Sq Ft$589 / $602Sq Ft1,520 / 1,538DOM54 / 48New1Total15

Sales by Bedroom Count

1 Beds
Avg:$350,557Median:$355,000Range:$275,000 – $400,000PSF:$487 / $486Sq Ft:728 / 712DOM:43 / 14New:0Total:7
2 Beds
Avg:$686,288Median:$600,000Range:$419,000 – $1,799,000PSF:$582 / $563Sq Ft:1,187 / 1,096DOM:44 / 27New:5Total:29
3 Beds
Avg:$1,452,339Median:$1,225,000Range:$449,000 – $4,488,000PSF:$642 / $617Sq Ft:2,172 / 1,990DOM:42 / 16New:5Total:45
4 Beds
Avg:$1,975,552Median:$1,865,000Range:$725,000 – $3,600,000PSF:$640 / $656Sq Ft:3,054 / 2,980DOM:40 / 19New:4Total:29
5 Beds
Avg:$2,423,998Median:$2,150,000Range:$1,250,000 – $3,700,000PSF:$622 / $573Sq Ft:3,867 / 3,750DOM:19 / 8New:3Total:12
6 Beds
Avg:$3,596,667Median:$3,250,000Range:$2,795,000 – $4,745,000PSF:$674 / $679Sq Ft:5,295 / 4,789DOM:35 / 20New:0Total:3
7 Beds
Avg:$2,475,667Median:$2,889,000Range:$1,550,000 – $2,988,000PSF:$611 / $697Sq Ft:4,018 / 3,965DOM:12 / 4New:1Total:3

Rental Market Overview

Median Rent
$2,395
0.0%
Median DOM
3
+200.0%
New Listings
14
Inventory
67
0.0%
  • Average Rent: $2,838
  • Median Rent: $2,395
  • Rent Range: $1,250 – $8,908
  • Rent per Sq Ft (Avg/Median): $3 / $2
  • Square Footage (Avg/Median): 1,074 / 900
  • Square Footage Range: 453 – 3,060
  • Days on Market (Avg/Median): 50 / 3
  • Days on Market Range: 1 – 321
  • New Listings: 14
  • Total Listings: 67

Rentals by Property Type

Apartment
$1,895
Median DOM: 7
Inventory: 45
MoM: 0.0%
Condo
$2,500
Median DOM: 1
Inventory: 2
MoM: 0.0%
Single Family
$3,750
Median DOM: 1
Inventory: 14
MoM: 0.0%
Townhouse
$3,160
Median DOM: 1
Inventory: 6
MoM: 0.0%
Apartment
Avg/Median Rent$2,340 / $1,895Range$1,250 – $8,908Rent per Sq Ft$3 / $2Sq Ft825 / 800DOM60 / 7New9Total45
Condo
Avg/Median Rent$3,500 / $2,500Range$2,500 – $4,500Rent per Sq Ft$4 / $3Sq Ft952 / 904DOM85 / 1New1Total2
Single Family
Avg/Median Rent$4,152 / $3,750Range$1,695 – $7,100Rent per Sq Ft$3 / $2Sq Ft1,662 / 1,420DOM31 / 1New4Total14
Townhouse
Avg/Median Rent$3,285 / $3,160Range$3,000 – $3,850Rent per Sq Ft$2 / $2Sq Ft1,485 / 1,420DOM8 / 1New0Total6

Rentals by Bedroom Count

Studio
Avg:$2,492Median:$1,595Range:$1,595 – $3,388PSF:$4 / $4Sq Ft:453 / 453DOM:121 / 22New:0Total:2
1 Beds
Avg:$1,710Median:$1,721Range:$1,250 – $2,045PSF:$3 / $2Sq Ft:676 / 695DOM:59 / 1New:4Total:20
2 Beds
Avg:$2,867Median:$2,500Range:$1,695 – $8,908PSF:$3 / $2Sq Ft:1,015 / 965DOM:60 / 7New:7Total:30
3 Beds
Avg:$3,952Median:$3,400Range:$2,195 – $8,070PSF:$2 / $2Sq Ft:1,618 / 1,420DOM:10 / 1New:2Total:13
4 Beds
Avg:$6,500Median:$6,500Range:$6,500 – $6,500PSF:$2 / $2Sq Ft:2,840 / 2,840DOM:1 / 1New:0Total:1
6 Beds
Avg:$7,100Median:$7,100Range:$7,100 – $7,100PSF:$2 / $2Sq Ft:3,060 / 3,060DOM:3 / 3New:1Total:1

6-Month Sales Trend

Oct 2025
Median Price:$1,106,750Median DOM:24New:50Total:158
Nov 2025
Median Price:$1,055,000Median DOM:36New:21Total:133
Dec 2025
Median Price:$1,070,000Median DOM:50New:10Total:103
Jan 2026
Median Price:$1,070,000Median DOM:31New:40Total:97
Feb 2026
Median Price:$1,220,000Median DOM:22New:44Total:118
Mar 2026
Median Price:$1,225,000Median DOM:16New:21Total:137

6-Month Rental Trend

Oct 2025
Median Rent:$2,200Median DOM:1New:51Total:105
Nov 2025
Median Rent:$2,195Median DOM:1New:42Total:101
Dec 2025
Median Rent:$2,200Median DOM:1New:30Total:88
Jan 2026
Median Rent:$2,340Median DOM:1New:32Total:80
Feb 2026
Median Rent:$2,395Median DOM:1New:20Total:67
Mar 2026
Median Rent:$2,395Median DOM:3New:14Total:67

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 was flat.

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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