ZIP 98199 Housing Market Report
Northwest Seattle
Report period: May 2026
98199 Monthly Market Update – May 2026
ZIP 98199 · Last updated May 12, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$1,075,000
−6.1%
Median DOM (Sales)
21
+10.5%
New Listings (Sales)
13
−75.9%
Median Rent
$2,275
−0.9%
Median DOM (Rental)
3
0.0%
Total Rental Listings
82
+1.2%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market lengthened. Rents softened. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Single Family (15 DOM)
- Fastest renting: Condo (1 DOM)
- Strongest bedroom: 5 Beds ($2,998,000 median)
Sales Market Overview
Median Price
$1,075,000
−6.1%
Median DOM
21
+10.5%
New Listings
13
−75.9%
Inventory
163
0.0%
- Average Price: $1,363,009
- Median Price: $1,075,000
- Price Range: $89,975 – $7,175,000
- Price per Sq Ft (Avg/Median): $623 / $594
- Square Footage (Avg/Median): 2,168 / 1,840
- Square Footage Range: 420 – 6,656
- Days on Market (Avg/Median): 34 / 21
- Days on Market Range: 2 – 180
- New Listings: 13
- Total Listings: 163
Sales by Property Type
Condo
Avg/Median Price$525,946 / $475,000Range$280,000 – $928,000Price per Sq Ft$529 / $486Sq Ft995 / 1,010DOM41 / 33New1Total38
Land
Avg/Median Price$335,995 / $250,000Range$89,975 – $795,000Price per Sq Ft—Sq Ft—DOM62 / 62New0Total5
Multi-Family
Avg/Median Price$1,550,000 / $1,550,000Range$1,550,000 – $1,550,000Price per Sq Ft$408 / $408Sq Ft3,800 / 3,800DOM42 / 42New0Total1
Single Family
Avg/Median Price$1,869,253 / $1,488,500Range$570,000 – $7,175,000Price per Sq Ft$674 / $649Sq Ft2,764 / 2,450DOM27 / 15New12Total93
Townhouse
Avg/Median Price$965,924 / $875,000Range$685,000 – $1,850,000Price per Sq Ft$587 / $563Sq Ft1,688 / 1,666DOM41 / 28New0Total26
Sales by Bedroom Count
1 Beds
Avg:$355,275Median:$330,000Range:$280,000 – $570,000PSF:$583 / $490Sq Ft:649 / 584DOM:33 / 36New:1Total:10
2 Beds
Avg:$654,983Median:$649,000Range:$350,000 – $1,691,000PSF:$585 / $525Sq Ft:1,133 / 1,066DOM:39 / 23New:2Total:39
3 Beds
Avg:$1,227,525Median:$1,055,000Range:$625,000 – $4,488,000PSF:$618 / $583Sq Ft:1,986 / 1,852DOM:33 / 19New:4Total:54
4 Beds
Avg:$1,990,214Median:$1,585,000Range:$949,000 – $7,175,000PSF:$653 / $638Sq Ft:2,928 / 2,690DOM:24 / 10New:5Total:37
5 Beds
Avg:$2,833,858Median:$2,998,000Range:$1,525,000 – $3,700,000PSF:$699 / $686Sq Ft:4,127 / 3,990DOM:31 / 21New:1Total:13
6 Beds
Avg:$3,770,000Median:$2,795,000Range:$2,795,000 – $4,745,000PSF:$671 / $630Sq Ft:5,548 / 4,439DOM:86 / 81New:0Total:2
7 Beds
Avg:$2,169,500Median:$1,550,000Range:$1,550,000 – $2,789,000PSF:$556 / $408Sq Ft:3,882 / 3,800DOM:49 / 42New:0Total:2
8 Beds
Avg:$2,750,000Median:$2,750,000Range:$2,750,000 – $2,750,000PSF:$712 / $712Sq Ft:3,864 / 3,864DOM:19 / 19New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $355,275 | $330,000 | $280,000 – $570,000 | $583 / $490 | 649 / 584 | 33 / 36 | 1 | 10 |
| 2 Beds | $654,983 | $649,000 | $350,000 – $1,691,000 | $585 / $525 | 1,133 / 1,066 | 39 / 23 | 2 | 39 |
| 3 Beds | $1,227,525 | $1,055,000 | $625,000 – $4,488,000 | $618 / $583 | 1,986 / 1,852 | 33 / 19 | 4 | 54 |
| 4 Beds | $1,990,214 | $1,585,000 | $949,000 – $7,175,000 | $653 / $638 | 2,928 / 2,690 | 24 / 10 | 5 | 37 |
| 5 Beds | $2,833,858 | $2,998,000 | $1,525,000 – $3,700,000 | $699 / $686 | 4,127 / 3,990 | 31 / 21 | 1 | 13 |
| 6 Beds | $3,770,000 | $2,795,000 | $2,795,000 – $4,745,000 | $671 / $630 | 5,548 / 4,439 | 86 / 81 | 0 | 2 |
| 7 Beds | $2,169,500 | $1,550,000 | $1,550,000 – $2,789,000 | $556 / $408 | 3,882 / 3,800 | 49 / 42 | 0 | 2 |
| 8 Beds | $2,750,000 | $2,750,000 | $2,750,000 – $2,750,000 | $712 / $712 | 3,864 / 3,864 | 19 / 19 | 0 | 1 |
Rental Market Overview
Median Rent
$2,275
−0.9%
Median DOM
3
0.0%
New Listings
20
Inventory
82
+1.2%
- Average Rent: $2,924
- Median Rent: $2,275
- Rent Range: $1,200 – $9,822
- Rent per Sq Ft (Avg/Median): $3 / $3
- Square Footage (Avg/Median): 1,139 / 872
- Square Footage Range: 400 – 3,646
- Days on Market (Avg/Median): 45 / 3
- Days on Market Range: 1 – 351
- New Listings: 20
- Total Listings: 82
Rentals by Property Type
Apartment
$1,925
Median DOM: 13
Inventory: 54
MoM: −0.9%
Condo
$2,995
Median DOM: 1
Inventory: 5
MoM: −0.9%
Single Family
$4,200
Median DOM: 1
Inventory: 19
MoM: −0.9%
Townhouse
$3,380
Median DOM: 5
Inventory: 4
MoM: −0.9%
Apartment
Avg/Median Rent$2,231 / $1,925Range$1,200 – $9,822Rent per Sq Ft$3 / $3Sq Ft784 / 736DOM56 / 13New11Total54
Condo
Avg/Median Rent$3,417 / $2,995Range$2,600 – $4,500Rent per Sq Ft$3 / $3Sq Ft1,052 / 952DOM45 / 1New2Total5
Single Family
Avg/Median Rent$4,602 / $4,200Range$1,595 – $9,495Rent per Sq Ft$2 / $2Sq Ft2,049 / 2,020DOM21 / 1New6Total19
Townhouse
Avg/Median Rent$3,708 / $3,380Range$2,500 – $5,100Rent per Sq Ft$3 / $3Sq Ft1,445 / 1,537DOM21 / 5New1Total4
Rentals by Bedroom Count
Studio
Avg:$1,959Median:$1,550Range:$1,250 – $3,202PSF:$4 / $3Sq Ft:470 / 461DOM:99 / 64New:0Total:5
1 Beds
Avg:$1,828Median:$1,799Range:$1,200 – $3,000PSF:$3 / $3Sq Ft:717 / 700DOM:66 / 3New:7Total:32
2 Beds
Avg:$2,764Median:$2,550Range:$1,795 – $6,137PSF:$3 / $3Sq Ft:962 / 932DOM:35 / 1New:9Total:28
3 Beds
Avg:$4,782Median:$3,950Range:$3,095 – $9,822PSF:$2 / $2Sq Ft:1,937 / 1,900DOM:13 / 1New:3Total:10
4 Beds
Avg:$6,746Median:$5,995Range:$5,000 – $9,495PSF:$2 / $2Sq Ft:2,928 / 2,510DOM:4 / 1New:0Total:4
5 Beds
Avg:$6,100Median:$5,500Range:$5,500 – $6,700PSF:$2 / $2Sq Ft:3,480 / 3,315DOM:5 / 1New:1Total:2
6 Beds
Avg:$7,100Median:$7,100Range:$7,100 – $7,100PSF:$2 / $2Sq Ft:3,060 / 3,060DOM:9 / 9New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,959 | $1,550 | $1,250 – $3,202 | $4 / $3 | 470 / 461 | 99 / 64 | 0 | 5 |
| 1 Beds | $1,828 | $1,799 | $1,200 – $3,000 | $3 / $3 | 717 / 700 | 66 / 3 | 7 | 32 |
| 2 Beds | $2,764 | $2,550 | $1,795 – $6,137 | $3 / $3 | 962 / 932 | 35 / 1 | 9 | 28 |
| 3 Beds | $4,782 | $3,950 | $3,095 – $9,822 | $2 / $2 | 1,937 / 1,900 | 13 / 1 | 3 | 10 |
| 4 Beds | $6,746 | $5,995 | $5,000 – $9,495 | $2 / $2 | 2,928 / 2,510 | 4 / 1 | 0 | 4 |
| 5 Beds | $6,100 | $5,500 | $5,500 – $6,700 | $2 / $2 | 3,480 / 3,315 | 5 / 1 | 1 | 2 |
| 6 Beds | $7,100 | $7,100 | $7,100 – $7,100 | $2 / $2 | 3,060 / 3,060 | 9 / 9 | 0 | 1 |
6-Month Sales Trend
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:$1,220,000Median DOM:14New:70Total:152
Apr 2026
Median Price:$1,145,000Median DOM:19New:54Total:163
May 2026
Median Price:$1,075,000Median DOM:21New:13Total:163
6-Month Rental Trend
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:$2,345Median DOM:7New:32Total:71
Apr 2026
Median Rent:$2,295Median DOM:3New:40Total:81
May 2026
Median Rent:$2,275Median DOM:3New:20Total:82
Key Market Takeaways
Median sale prices softened this month while inventory remained stable. Days on market lengthened, signaling slower buyer activity. Rental pricing eased, 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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