ZIP 98001 Housing Market Report
Northwest Seattle
Report period: March 2026
98001 Monthly Market Update – March 2026
ZIP 98001 · Last updated Mar 11, 2026 · Data range Oct 2025 – Mar 2026
Executive Snapshot
Median Sale Price
$600,000
−3.2%
Median DOM (Sales)
41
−4.7%
New Listings (Sales)
9
−69.0%
Median Rent
$2,750
+5.8%
Median DOM (Rental)
1
−50.0%
Total Rental Listings
43
−6.5%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market improved. Rents moved higher. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Townhouse (4 DOM)
- Fastest renting: Single Family (1 DOM)
- Strongest bedroom: 5 Beds ($820,000 median)
Sales Market Overview
Median Price
$600,000
−3.2%
Median DOM
41
−4.7%
New Listings
9
−69.0%
Inventory
115
+3.6%
- Average Price: $623,803
- Median Price: $600,000
- Price Range: $65,000 – $2,750,000
- Price per Sq Ft (Avg/Median): $362 / $327
- Square Footage (Avg/Median): 2,122 / 1,960
- Square Footage Range: 600 – 4,260
- Days on Market (Avg/Median): 68 / 41
- Days on Market Range: 2 – 342
- New Listings: 9
- Total Listings: 115
Sales by Property Type
Condo
Avg/Median Price$410,000 / $410,000Range$410,000 – $410,000Price per Sq Ft$333 / $333Sq Ft1,230 / 1,230DOM71 / 71New0Total1
Land
Avg/Median Price$388,170 / $299,000Range$65,000 – $2,750,000Price per Sq Ft—Sq Ft—DOM141 / 105New0Total27
Manufactured
Avg/Median Price$495,000 / $449,999Range$449,999 – $540,000Price per Sq Ft$326 / $250Sq Ft1,640 / 1,120DOM47 / 10New0Total2
Multi-Family
Avg/Median Price$582,450 / $489,900Range$489,900 – $675,000Price per Sq Ft$693 / $262Sq Ft1,235 / 600DOM108 / 14New0Total2
Single Family
Avg/Median Price$713,541 / $714,900Range$99,950 – $1,299,950Price per Sq Ft$357 / $327Sq Ft2,181 / 2,079DOM48 / 19New9Total81
Townhouse
Avg/Median Price$447,500 / $350,000Range$350,000 – $545,000Price per Sq Ft$289 / $229Sq Ft1,543 / 1,526DOM38 / 4New0Total2
Sales by Bedroom Count
2 Beds
Avg:$508,985Median:$410,000Range:$350,000 – $825,940PSF:$467 / $402Sq Ft:1,085 / 1,120DOM:68 / 71New:0Total:4
3 Beds
Avg:$594,786Median:$565,000Range:$99,950 – $1,299,950PSF:$401 / $392Sq Ft:1,583 / 1,460DOM:39 / 8New:5Total:39
4 Beds
Avg:$796,593Median:$795,000Range:$470,000 – $1,257,500PSF:$306 / $293Sq Ft:2,666 / 2,796DOM:54 / 27New:3Total:30
5 Beds
Avg:$817,953Median:$820,000Range:$624,500 – $989,999PSF:$289 / $282Sq Ft:2,862 / 2,751DOM:52 / 27New:1Total:14
8 Beds
Avg:$675,000Median:$675,000Range:$675,000 – $675,000PSF:$1,125 / $1,125Sq Ft:600 / 600DOM:201 / 201New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $508,985 | $410,000 | $350,000 – $825,940 | $467 / $402 | 1,085 / 1,120 | 68 / 71 | 0 | 4 |
| 3 Beds | $594,786 | $565,000 | $99,950 – $1,299,950 | $401 / $392 | 1,583 / 1,460 | 39 / 8 | 5 | 39 |
| 4 Beds | $796,593 | $795,000 | $470,000 – $1,257,500 | $306 / $293 | 2,666 / 2,796 | 54 / 27 | 3 | 30 |
| 5 Beds | $817,953 | $820,000 | $624,500 – $989,999 | $289 / $282 | 2,862 / 2,751 | 52 / 27 | 1 | 14 |
| 8 Beds | $675,000 | $675,000 | $675,000 – $675,000 | $1,125 / $1,125 | 600 / 600 | 201 / 201 | 0 | 1 |
Rental Market Overview
Median Rent
$2,750
+5.8%
Median DOM
1
−50.0%
New Listings
8
Inventory
43
−6.5%
- Average Rent: $2,588
- Median Rent: $2,750
- Rent Range: $775 – $4,200
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,521 / 1,500
- Square Footage Range: 320 – 3,140
- Days on Market (Avg/Median): 40 / 1
- Days on Market Range: 1 – 365
- New Listings: 8
- Total Listings: 43
Rentals by Property Type
Apartment
$1,750
Median DOM: 19
Inventory: 11
MoM: +5.8%
Condo
—
Median DOM: —
Inventory: —
MoM: +5.8%
Single Family
$2,995
Median DOM: 1
Inventory: 32
MoM: +5.8%
Townhouse
—
Median DOM: —
Inventory: —
MoM: +5.8%
Apartment
Avg/Median Rent$2,003 / $1,750Range$1,325 – $3,890Rent per Sq Ft$3 / $2Sq Ft919 / 736DOM146 / 19New1Total11
Single Family
Avg/Median Rent$2,789 / $2,995Range$775 – $4,200Rent per Sq Ft$2 / $2Sq Ft1,750 / 1,700DOM18 / 1New7Total32
Rentals by Bedroom Count
Studio
Avg:$1,950Median:$1,591Range:$1,591 – $2,310PSF:$4 / $3Sq Ft:484 / 484DOM:19 / 19New:0Total:2
1 Beds
Avg:$1,288Median:$1,395Range:$775 – $1,900PSF:$2 / $2Sq Ft:846 / 600DOM:100 / 16New:1Total:9
2 Beds
Avg:$2,472Median:$2,200Range:$1,750 – $3,890PSF:$2 / $2Sq Ft:1,063 / 940DOM:52 / 4New:3Total:8
3 Beds
Avg:$2,863Median:$2,750Range:$2,595 – $3,300PSF:$2 / $2Sq Ft:1,535 / 1,600DOM:41 / 1New:0Total:12
4 Beds
Avg:$3,315Median:$3,370Range:$2,800 – $3,695PSF:$2 / $2Sq Ft:2,090 / 2,050DOM:7 / 1New:4Total:8
5 Beds
Avg:$3,785Median:$3,750Range:$3,389 – $4,200PSF:$1 / $1Sq Ft:2,789 / 2,600DOM:37 / 17New:0Total:4
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,950 | $1,591 | $1,591 – $2,310 | $4 / $3 | 484 / 484 | 19 / 19 | 0 | 2 |
| 1 Beds | $1,288 | $1,395 | $775 – $1,900 | $2 / $2 | 846 / 600 | 100 / 16 | 1 | 9 |
| 2 Beds | $2,472 | $2,200 | $1,750 – $3,890 | $2 / $2 | 1,063 / 940 | 52 / 4 | 3 | 8 |
| 3 Beds | $2,863 | $2,750 | $2,595 – $3,300 | $2 / $2 | 1,535 / 1,600 | 41 / 1 | 0 | 12 |
| 4 Beds | $3,315 | $3,370 | $2,800 – $3,695 | $2 / $2 | 2,090 / 2,050 | 7 / 1 | 4 | 8 |
| 5 Beds | $3,785 | $3,750 | $3,389 – $4,200 | $1 / $1 | 2,789 / 2,600 | 37 / 17 | 0 | 4 |
6-Month Sales Trend
Oct 2025
Median Price:$625,000Median DOM:49New:35Total:164
Nov 2025
Median Price:$609,000Median DOM:51New:23Total:149
Dec 2025
Median Price:$625,000Median DOM:62New:9Total:102
Jan 2026
Median Price:$595,000Median DOM:50New:31Total:98
Feb 2026
Median Price:$619,950Median DOM:43New:29Total:111
Mar 2026
Median Price:$600,000Median DOM:41New:9Total:115
6-Month Rental Trend
Oct 2025
Median Rent:$2,725Median DOM:8New:14Total:38
Nov 2025
Median Rent:$2,725Median DOM:3New:12Total:39
Dec 2025
Median Rent:$2,750Median DOM:1New:16Total:39
Jan 2026
Median Rent:$2,750Median DOM:2New:19Total:45
Feb 2026
Median Rent:$2,600Median DOM:2New:14Total:46
Mar 2026
Median Rent:$2,750Median DOM:1New:8Total:43
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 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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