ZIP 98003 Housing Market Report
Northwest Seattle
Report period: March 2026
98003 Monthly Market Update – March 2026
ZIP 98003 · Last updated Mar 11, 2026 · Data range Oct 2025 – Mar 2026
Executive Snapshot
Median Sale Price
$399,950
+2.6%
Median DOM (Sales)
50
−3.8%
New Listings (Sales)
12
−69.2%
Median Rent
$1,799
0.0%
Median DOM (Rental)
63
+21.2%
Total Rental Listings
103
−5.5%
Month-over-Month Movement
Median sale prices moved higher. Days on market improved. Rents were stable. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Single Family (26 DOM)
- Fastest renting: Condo (1 DOM)
- Strongest bedroom: 7 Beds ($1,090,000 median)
Sales Market Overview
Median Price
$399,950
+2.6%
Median DOM
50
−3.8%
New Listings
12
−69.2%
Inventory
163
+4.5%
- Average Price: $467,311
- Median Price: $399,950
- Price Range: $59,900 – $1,349,900
- Price per Sq Ft (Avg/Median): $285 / $306
- Square Footage (Avg/Median): 1,625 / 1,390
- Square Footage Range: 566 – 3,905
- Days on Market (Avg/Median): 77 / 50
- Days on Market Range: 1 – 312
- New Listings: 12
- Total Listings: 163
Sales by Property Type
Condo
Avg/Median Price$282,219 / $275,000Range$159,900 – $409,000Price per Sq Ft$298 / $301Sq Ft952 / 888DOM65 / 47New5Total36
Land
Avg/Median Price$248,150 / $269,500Range$199,950 – $275,000Price per Sq Ft—Sq Ft—DOM195 / 218New0Total3
Manufactured
Avg/Median Price$168,364 / $169,900Range$59,900 – $375,000Price per Sq Ft$135 / $128Sq Ft1,276 / 1,296DOM135 / 126New1Total38
Multi-Family
Avg/Median Price$871,667 / $875,000Range$750,000 – $990,000Price per Sq Ft$291 / $286Sq Ft3,070 / 3,056DOM75 / 29New0Total3
Single Family
Avg/Median Price$707,608 / $684,950Range$294,950 – $1,349,900Price per Sq Ft$349 / $364Sq Ft2,100 / 2,000DOM48 / 26New6Total75
Townhouse
Avg/Median Price$397,994 / $395,000Range$290,000 – $525,000Price per Sq Ft$321 / $303Sq Ft1,263 / 1,128DOM91 / 82New0Total8
Sales by Bedroom Count
1 Beds
Avg:$205,919Median:$206,000Range:$159,900 – $244,000PSF:$312 / $313Sq Ft:670 / 623DOM:59 / 22New:2Total:5
2 Beds
Avg:$243,550Median:$235,000Range:$75,000 – $509,000PSF:$235 / $253Sq Ft:1,090 / 955DOM:99 / 83New:2Total:52
3 Beds
Avg:$489,983Median:$525,000Range:$59,900 – $1,349,900PSF:$306 / $356Sq Ft:1,569 / 1,420DOM:75 / 47New:4Total:60
4 Beds
Avg:$703,203Median:$674,950Range:$179,900 – $1,275,000PSF:$339 / $343Sq Ft:2,102 / 1,968DOM:46 / 18New:4Total:25
5 Beds
Avg:$789,218Median:$799,000Range:$478,000 – $1,050,000PSF:$276 / $278Sq Ft:2,875 / 2,810DOM:46 / 12New:0Total:14
6 Beds
Avg:$750,000Median:$750,000Range:$750,000 – $750,000PSF:$333 / $333Sq Ft:2,250 / 2,250DOM:26 / 26New:0Total:1
7 Beds
Avg:$1,090,000Median:$1,090,000Range:$1,090,000 – $1,090,000PSF:$295 / $295Sq Ft:3,690 / 3,690DOM:36 / 36New:0Total:1
8 Beds
Avg:$932,500Median:$875,000Range:$875,000 – $990,000PSF:$270 / $254Sq Ft:3,480 / 3,056DOM:99 / 29New:0Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $205,919 | $206,000 | $159,900 – $244,000 | $312 / $313 | 670 / 623 | 59 / 22 | 2 | 5 |
| 2 Beds | $243,550 | $235,000 | $75,000 – $509,000 | $235 / $253 | 1,090 / 955 | 99 / 83 | 2 | 52 |
| 3 Beds | $489,983 | $525,000 | $59,900 – $1,349,900 | $306 / $356 | 1,569 / 1,420 | 75 / 47 | 4 | 60 |
| 4 Beds | $703,203 | $674,950 | $179,900 – $1,275,000 | $339 / $343 | 2,102 / 1,968 | 46 / 18 | 4 | 25 |
| 5 Beds | $789,218 | $799,000 | $478,000 – $1,050,000 | $276 / $278 | 2,875 / 2,810 | 46 / 12 | 0 | 14 |
| 6 Beds | $750,000 | $750,000 | $750,000 – $750,000 | $333 / $333 | 2,250 / 2,250 | 26 / 26 | 0 | 1 |
| 7 Beds | $1,090,000 | $1,090,000 | $1,090,000 – $1,090,000 | $295 / $295 | 3,690 / 3,690 | 36 / 36 | 0 | 1 |
| 8 Beds | $932,500 | $875,000 | $875,000 – $990,000 | $270 / $254 | 3,480 / 3,056 | 99 / 29 | 0 | 2 |
Rental Market Overview
Median Rent
$1,799
0.0%
Median DOM
63
+21.2%
New Listings
11
Inventory
103
−5.5%
- Average Rent: $2,020
- Median Rent: $1,799
- Rent Range: $695 – $9,000
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,091 / 1,000
- Square Footage Range: 359 – 3,619
- Days on Market (Avg/Median): 90 / 63
- Days on Market Range: 1 – 358
- New Listings: 11
- Total Listings: 103
Rentals by Property Type
Apartment
$1,730
Median DOM: 79
Inventory: 63
MoM: 0.0%
Condo
$1,600
Median DOM: 1
Inventory: 11
MoM: 0.0%
Single Family
$2,910
Median DOM: 1
Inventory: 26
MoM: 0.0%
Townhouse
$2,000
Median DOM: 22
Inventory: 3
MoM: 0.0%
Apartment
Avg/Median Rent$1,764 / $1,730Range$1,150 – $2,880Rent per Sq Ft$2 / $2Sq Ft859 / 895DOM143 / 79New0Total63
Condo
Avg/Median Rent$1,580 / $1,600Range$900 – $1,950Rent per Sq Ft$2 / $2Sq Ft893 / 880DOM5 / 1New4Total11
Single Family
Avg/Median Rent$2,824 / $2,910Range$695 – $9,000Rent per Sq Ft$2 / $2Sq Ft1,751 / 1,640DOM20 / 1New7Total26
Townhouse
Avg/Median Rent$2,052 / $2,000Range$1,460 – $2,695Rent per Sq Ft$2 / $2Sq Ft1,401 / 1,401DOM48 / 22New0Total3
Rentals by Bedroom Count
Studio
Avg:$1,229Median:$1,311Range:$695 – $1,890PSF:$3 / $3Sq Ft:459 / 442DOM:194 / 148New:0Total:7
1 Beds
Avg:$1,588Median:$1,516Range:$900 – $2,880PSF:$2 / $2Sq Ft:797 / 700DOM:173 / 142New:2Total:25
2 Beds
Avg:$1,827Median:$1,800Range:$1,395 – $2,414PSF:$2 / $2Sq Ft:956 / 1,002DOM:74 / 64New:4Total:51
3 Beds
Avg:$2,905Median:$2,910Range:$2,600 – $3,350PSF:$2 / $2Sq Ft:1,461 / 1,530DOM:14 / 1New:2Total:9
4 Beds
Avg:$3,029Median:$3,350Range:$750 – $3,975PSF:$1 / $2Sq Ft:2,221 / 1,890DOM:33 / 1New:2Total:8
5 Beds
Avg:$5,407Median:$3,620Range:$3,600 – $9,000PSF:$2 / $1Sq Ft:3,184 / 3,008DOM:3 / 1New:1Total:3
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,229 | $1,311 | $695 – $1,890 | $3 / $3 | 459 / 442 | 194 / 148 | 0 | 7 |
| 1 Beds | $1,588 | $1,516 | $900 – $2,880 | $2 / $2 | 797 / 700 | 173 / 142 | 2 | 25 |
| 2 Beds | $1,827 | $1,800 | $1,395 – $2,414 | $2 / $2 | 956 / 1,002 | 74 / 64 | 4 | 51 |
| 3 Beds | $2,905 | $2,910 | $2,600 – $3,350 | $2 / $2 | 1,461 / 1,530 | 14 / 1 | 2 | 9 |
| 4 Beds | $3,029 | $3,350 | $750 – $3,975 | $1 / $2 | 2,221 / 1,890 | 33 / 1 | 2 | 8 |
| 5 Beds | $5,407 | $3,620 | $3,600 – $9,000 | $2 / $1 | 3,184 / 3,008 | 3 / 1 | 1 | 3 |
6-Month Sales Trend
Oct 2025
Median Price:$400,000Median DOM:55New:36Total:183
Nov 2025
Median Price:$359,950Median DOM:59New:26Total:179
Dec 2025
Median Price:$335,000Median DOM:64New:29Total:161
Jan 2026
Median Price:$359,000Median DOM:58New:35Total:148
Feb 2026
Median Price:$389,950Median DOM:52New:39Total:156
Mar 2026
Median Price:$399,950Median DOM:50New:12Total:163
6-Month Rental Trend
Oct 2025
Median Rent:$1,695Median DOM:44New:28Total:81
Nov 2025
Median Rent:$1,725Median DOM:44New:28Total:82
Dec 2025
Median Rent:$1,750Median DOM:9New:40Total:99
Jan 2026
Median Rent:$1,795Median DOM:39New:25Total:102
Feb 2026
Median Rent:$1,799Median DOM:52New:25Total:109
Mar 2026
Median Rent:$1,799Median DOM:63New:11Total:103
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 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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