ZIP 98002 Housing Market Report
Northwest Seattle
Report period: March 2026
98002 Monthly Market Update – March 2026
ZIP 98002 · Last updated Mar 11, 2026 · Data range Oct 2025 – Mar 2026
Executive Snapshot
Median Sale Price
$250,000
−10.4%
Median DOM (Sales)
65
−7.1%
New Listings (Sales)
10
−54.5%
Median Rent
$1,750
+3.0%
Median DOM (Rental)
24
−4.0%
Total Rental Listings
90
+2.3%
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: Townhouse (12 DOM)
- Fastest renting: Condo (1 DOM)
- Strongest bedroom: 7 Beds ($995,000 median)
Sales Market Overview
Median Price
$250,000
−10.4%
Median DOM
65
−7.1%
New Listings
10
−54.5%
Inventory
143
−0.7%
- Average Price: $351,454
- Median Price: $250,000
- Price Range: $20,000 – $2,650,000
- Price per Sq Ft (Avg/Median): $236 / $271
- Square Footage (Avg/Median): 1,474 / 1,290
- Square Footage Range: 530 – 9,024
- Days on Market (Avg/Median): 92 / 65
- Days on Market Range: 2 – 362
- New Listings: 10
- Total Listings: 143
Sales by Property Type
Condo
Avg/Median Price$292,889 / $279,950Range$188,000 – $405,000Price per Sq Ft$326 / $326Sq Ft907 / 910DOM65 / 43New0Total14
Land
Avg/Median Price$225,000 / $200,000Range$200,000 – $250,000Price per Sq Ft—Sq Ft—DOM80 / 51New0Total2
Manufactured
Avg/Median Price$132,455 / $119,950Range$20,000 – $589,000Price per Sq Ft$109 / $96Sq Ft1,236 / 1,248DOM113 / 82New4Total64
Multi-Family
Avg/Median Price$1,040,895 / $900,000Range$480,000 – $2,650,000Price per Sq Ft$315 / $294Sq Ft3,415 / 3,000DOM133 / 70New1Total10
Single Family
Avg/Median Price$527,069 / $539,950Range$110,000 – $839,000Price per Sq Ft$357 / $354Sq Ft1,592 / 1,489DOM65 / 28New4Total45
Townhouse
Avg/Median Price$387,924 / $369,950Range$340,000 – $430,000Price per Sq Ft$306 / $304Sq Ft1,277 / 1,251DOM77 / 12New1Total8
Sales by Bedroom Count
1 Beds
Avg:$157,490Median:$188,000Range:$29,000 – $279,000PSF:$257 / $327Sq Ft:759 / 576DOM:77 / 34New:0Total:10
2 Beds
Avg:$250,560Median:$149,500Range:$20,000 – $2,650,000PSF:$190 / $125Sq Ft:1,298 / 1,152DOM:95 / 67New:4Total:59
3 Beds
Avg:$363,897Median:$399,950Range:$70,000 – $739,950PSF:$256 / $269Sq Ft:1,452 / 1,354DOM:85 / 66New:5Total:48
4 Beds
Avg:$544,986Median:$545,000Range:$130,000 – $839,000PSF:$298 / $305Sq Ft:1,854 / 1,850DOM:84 / 42New:0Total:15
5 Beds
Avg:$594,125Median:$559,250Range:$559,250 – $629,000PSF:$283 / $277Sq Ft:2,105 / 1,940DOM:63 / 19New:0Total:2
6 Beds
Avg:$931,238Median:$875,000Range:$699,950 – $1,200,000PSF:$327 / $276Sq Ft:2,888 / 2,540DOM:194 / 197New:0Total:4
7 Beds
Avg:$995,000Median:$995,000Range:$995,000 – $995,000PSF:$262 / $262Sq Ft:3,800 / 3,800DOM:271 / 271New:0Total:1
8 Beds
Avg:$949,999Median:$900,000Range:$900,000 – $999,998PSF:$290 / $281Sq Ft:3,280 / 3,000DOM:25 / 8New:1Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $157,490 | $188,000 | $29,000 – $279,000 | $257 / $327 | 759 / 576 | 77 / 34 | 0 | 10 |
| 2 Beds | $250,560 | $149,500 | $20,000 – $2,650,000 | $190 / $125 | 1,298 / 1,152 | 95 / 67 | 4 | 59 |
| 3 Beds | $363,897 | $399,950 | $70,000 – $739,950 | $256 / $269 | 1,452 / 1,354 | 85 / 66 | 5 | 48 |
| 4 Beds | $544,986 | $545,000 | $130,000 – $839,000 | $298 / $305 | 1,854 / 1,850 | 84 / 42 | 0 | 15 |
| 5 Beds | $594,125 | $559,250 | $559,250 – $629,000 | $283 / $277 | 2,105 / 1,940 | 63 / 19 | 0 | 2 |
| 6 Beds | $931,238 | $875,000 | $699,950 – $1,200,000 | $327 / $276 | 2,888 / 2,540 | 194 / 197 | 0 | 4 |
| 7 Beds | $995,000 | $995,000 | $995,000 – $995,000 | $262 / $262 | 3,800 / 3,800 | 271 / 271 | 0 | 1 |
| 8 Beds | $949,999 | $900,000 | $900,000 – $999,998 | $290 / $281 | 3,280 / 3,000 | 25 / 8 | 1 | 2 |
Rental Market Overview
Median Rent
$1,750
+3.0%
Median DOM
24
−4.0%
New Listings
21
Inventory
90
+2.3%
- Average Rent: $1,897
- Median Rent: $1,750
- Rent Range: $899 – $3,995
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 987 / 950
- Square Footage Range: 493 – 2,300
- Days on Market (Avg/Median): 62 / 24
- Days on Market Range: 1 – 350
- New Listings: 21
- Total Listings: 90
Rentals by Property Type
Apartment
$1,676
Median DOM: 56
Inventory: 51
MoM: +3.0%
Condo
$1,750
Median DOM: 1
Inventory: 12
MoM: +3.0%
Single Family
$2,500
Median DOM: 6
Inventory: 21
MoM: +3.0%
Townhouse
$1,895
Median DOM: 1
Inventory: 4
MoM: +3.0%
Apartment
Avg/Median Rent$1,661 / $1,676Range$899 – $2,395Rent per Sq Ft$2 / $2Sq Ft859 / 895DOM102 / 56New8Total51
Condo
Avg/Median Rent$1,777 / $1,750Range$1,495 – $2,750Rent per Sq Ft$2 / $2Sq Ft898 / 858DOM16 / 1New5Total12
Multi-Family
Avg/Median Rent$1,838 / $1,600Range$1,600 – $2,075Rent per Sq Ft$2 / $2Sq Ft800 / 800DOM18 / 1New1Total2
Single Family
Avg/Median Rent$2,482 / $2,500Range$1,400 – $3,995Rent per Sq Ft$2 / $2Sq Ft1,405 / 1,450DOM27 / 6New6Total21
Townhouse
Avg/Median Rent$2,211 / $1,895Range$1,650 – $2,700Rent per Sq Ft$2 / $2Sq Ft1,001 / 939DOM10 / 1New1Total4
Rentals by Bedroom Count
Studio
Avg:$1,648Median:$1,545Range:$1,400 – $2,000PSF:$3 / $3Sq Ft:493 / 493DOM:15 / 1New:1Total:3
1 Beds
Avg:$1,435Median:$1,495Range:$899 – $1,799PSF:$2 / $2Sq Ft:712 / 675DOM:131 / 88New:4Total:23
2 Beds
Avg:$1,848Median:$1,750Range:$1,327 – $2,700PSF:$2 / $2Sq Ft:973 / 950DOM:44 / 12New:14Total:47
3 Beds
Avg:$2,620Median:$2,600Range:$2,000 – $3,290PSF:$2 / $2Sq Ft:1,373 / 1,271DOM:49 / 25New:2Total:16
5 Beds
Avg:$3,995Median:$3,995Range:$3,995 – $3,995PSF:$2 / $2Sq Ft:2,300 / 2,300DOM:1 / 1New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,648 | $1,545 | $1,400 – $2,000 | $3 / $3 | 493 / 493 | 15 / 1 | 1 | 3 |
| 1 Beds | $1,435 | $1,495 | $899 – $1,799 | $2 / $2 | 712 / 675 | 131 / 88 | 4 | 23 |
| 2 Beds | $1,848 | $1,750 | $1,327 – $2,700 | $2 / $2 | 973 / 950 | 44 / 12 | 14 | 47 |
| 3 Beds | $2,620 | $2,600 | $2,000 – $3,290 | $2 / $2 | 1,373 / 1,271 | 49 / 25 | 2 | 16 |
| 5 Beds | $3,995 | $3,995 | $3,995 – $3,995 | $2 / $2 | 2,300 / 2,300 | 1 / 1 | 0 | 1 |
6-Month Sales Trend
Oct 2025
Median Price:$375,000Median DOM:53New:36Total:169
Nov 2025
Median Price:$350,000Median DOM:65New:23Total:157
Dec 2025
Median Price:$292,500Median DOM:81New:22Total:138
Jan 2026
Median Price:$299,000Median DOM:67New:32Total:139
Feb 2026
Median Price:$279,000Median DOM:70New:22Total:144
Mar 2026
Median Price:$250,000Median DOM:65New:10Total:143
6-Month Rental Trend
Oct 2025
Median Rent:$1,850Median DOM:14New:38Total:95
Nov 2025
Median Rent:$1,795Median DOM:25New:29Total:92
Dec 2025
Median Rent:$1,750Median DOM:25New:26Total:79
Jan 2026
Median Rent:$1,700Median DOM:14New:34Total:87
Feb 2026
Median Rent:$1,699Median DOM:25New:21Total:88
Mar 2026
Median Rent:$1,750Median DOM:24New:21Total:90
Key Market Takeaways
Median sale prices softened this month while inventory compressed. 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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