ZIP 98004 Housing Market Report
Northwest Seattle
Report period: March 2026
98004 Monthly Market Update – March 2026
ZIP 98004 · Last updated Mar 11, 2026 · Data range Oct 2025 – Mar 2026
Executive Snapshot
Median Sale Price
$1,899,000
0.0%
Median DOM (Sales)
41
−6.8%
New Listings (Sales)
28
−50.0%
Median Rent
$2,595
0.0%
Median DOM (Rental)
6
−53.8%
Total Rental Listings
162
+2.5%
Month-over-Month Movement
Median sale prices were flat. Days on market improved. Rents were stable. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Land (7 DOM)
- Fastest renting: Condo (1 DOM)
- Strongest bedroom: 8 Beds ($8,500,000 median)
Sales Market Overview
Median Price
$1,899,000
0.0%
Median DOM
41
−6.8%
New Listings
28
−50.0%
Inventory
213
+8.7%
- Average Price: $2,679,012
- Median Price: $1,899,000
- Price Range: $339,995 – $9,985,000
- Price per Sq Ft (Avg/Median): $1,053 / $914
- Square Footage (Avg/Median): 2,537 / 1,672
- Square Footage Range: 308 – 10,270
- Days on Market (Avg/Median): 71 / 41
- Days on Market Range: 2 – 361
- New Listings: 28
- Total Listings: 213
Sales by Property Type
Condo
Avg/Median Price$1,353,795 / $978,000Range$339,995 – $7,850,000Price per Sq Ft$1,066 / $897Sq Ft1,186 / 1,077DOM70 / 49New12Total111
Land
Avg/Median Price$3,575,000 / $2,010,000Range$1,300,000 – $8,000,000Price per Sq Ft—Sq Ft—DOM74 / 7New2Total4
Single Family
Avg/Median Price$4,637,042 / $4,199,990Range$1,300,000 – $9,985,000Price per Sq Ft$1,068 / $974Sq Ft4,507 / 4,550DOM74 / 27New12Total82
Townhouse
Avg/Median Price$1,613,797 / $1,750,000Range$625,000 – $2,599,000Price per Sq Ft$880 / $795Sq Ft1,820 / 1,950DOM64 / 47New2Total16
Sales by Bedroom Count
Studio
Avg:$477,249Median:$349,000Range:$339,995 – $725,000PSF:$946 / $897Sq Ft:516 / 454DOM:60 / 33New:1Total:4
1 Beds
Avg:$849,633Median:$840,000Range:$376,000 – $1,595,000PSF:$998 / $884Sq Ft:868 / 810DOM:83 / 61New:4Total:41
2 Beds
Avg:$1,502,276Median:$1,200,000Range:$349,999 – $7,900,000PSF:$1,045 / $850Sq Ft:1,356 / 1,283DOM:68 / 50New:6Total:66
3 Beds
Avg:$3,105,314Median:$2,188,000Range:$569,950 – $9,985,000PSF:$1,336 / $1,200Sq Ft:2,269 / 2,053DOM:65 / 29New:6Total:28
4 Beds
Avg:$3,588,323Median:$2,838,000Range:$1,550,000 – $8,500,000PSF:$973 / $952Sq Ft:3,698 / 3,330DOM:41 / 14New:6Total:27
5 Beds
Avg:$5,573,305Median:$4,800,000Range:$2,950,000 – $9,860,000PSF:$1,056 / $1,026Sq Ft:5,214 / 5,067DOM:95 / 55New:1Total:32
6 Beds
Avg:$4,656,222Median:$4,398,000Range:$2,990,000 – $8,200,000PSF:$768 / $821Sq Ft:6,168 / 5,800DOM:50 / 35New:2Total:9
7 Beds
Avg:$7,850,000Median:$7,850,000Range:$7,850,000 – $7,850,000PSF:$1,090 / $1,090Sq Ft:7,202 / 7,202DOM:21 / 21New:0Total:1
8 Beds
Avg:$8,500,000Median:$8,500,000Range:$8,500,000 – $8,500,000PSF:$828 / $828Sq Ft:10,270 / 10,270DOM:302 / 302New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $477,249 | $349,000 | $339,995 – $725,000 | $946 / $897 | 516 / 454 | 60 / 33 | 1 | 4 |
| 1 Beds | $849,633 | $840,000 | $376,000 – $1,595,000 | $998 / $884 | 868 / 810 | 83 / 61 | 4 | 41 |
| 2 Beds | $1,502,276 | $1,200,000 | $349,999 – $7,900,000 | $1,045 / $850 | 1,356 / 1,283 | 68 / 50 | 6 | 66 |
| 3 Beds | $3,105,314 | $2,188,000 | $569,950 – $9,985,000 | $1,336 / $1,200 | 2,269 / 2,053 | 65 / 29 | 6 | 28 |
| 4 Beds | $3,588,323 | $2,838,000 | $1,550,000 – $8,500,000 | $973 / $952 | 3,698 / 3,330 | 41 / 14 | 6 | 27 |
| 5 Beds | $5,573,305 | $4,800,000 | $2,950,000 – $9,860,000 | $1,056 / $1,026 | 5,214 / 5,067 | 95 / 55 | 1 | 32 |
| 6 Beds | $4,656,222 | $4,398,000 | $2,990,000 – $8,200,000 | $768 / $821 | 6,168 / 5,800 | 50 / 35 | 2 | 9 |
| 7 Beds | $7,850,000 | $7,850,000 | $7,850,000 – $7,850,000 | $1,090 / $1,090 | 7,202 / 7,202 | 21 / 21 | 0 | 1 |
| 8 Beds | $8,500,000 | $8,500,000 | $8,500,000 – $8,500,000 | $828 / $828 | 10,270 / 10,270 | 302 / 302 | 0 | 1 |
Rental Market Overview
Median Rent
$2,595
0.0%
Median DOM
6
−53.8%
New Listings
28
Inventory
162
+2.5%
- Average Rent: $3,190
- Median Rent: $2,595
- Rent Range: $1,060 – $9,800
- Rent per Sq Ft (Avg/Median): $3 / $3
- Square Footage (Avg/Median): 957 / 770
- Square Footage Range: 300 – 4,330
- Days on Market (Avg/Median): 49 / 6
- Days on Market Range: 1 – 356
- New Listings: 28
- Total Listings: 162
Rentals by Property Type
Apartment
$2,335
Median DOM: 22
Inventory: 103
MoM: 0.0%
Condo
$2,695
Median DOM: 1
Inventory: 34
MoM: 0.0%
Single Family
$4,950
Median DOM: 3
Inventory: 18
MoM: 0.0%
Townhouse
$4,500
Median DOM: 1
Inventory: 7
MoM: 0.0%
Apartment
Avg/Median Rent$2,800 / $2,335Range$1,060 – $9,800Rent per Sq Ft$4 / $3Sq Ft746 / 691DOM73 / 22New11Total103
Condo
Avg/Median Rent$2,922 / $2,695Range$1,695 – $5,088Rent per Sq Ft$3 / $3Sq Ft909 / 926DOM25 / 1New7Total34
Single Family
Avg/Median Rent$5,197 / $4,950Range$1,800 – $9,000Rent per Sq Ft$3 / $3Sq Ft1,930 / 1,720DOM31 / 3New6Total18
Townhouse
Avg/Median Rent$5,079 / $4,500Range$3,000 – $9,800Rent per Sq Ft$3 / $3Sq Ft1,595 / 1,239DOM10 / 1New4Total7
Rentals by Bedroom Count
Studio
Avg:$1,935Median:$1,850Range:$1,060 – $2,625PSF:$4 / $4Sq Ft:470 / 470DOM:69 / 24New:1Total:36
1 Beds
Avg:$2,678Median:$2,495Range:$1,440 – $5,733PSF:$4 / $3Sq Ft:721 / 700DOM:60 / 8New:8Total:61
2 Beds
Avg:$3,706Median:$3,200Range:$1,995 – $8,806PSF:$3 / $3Sq Ft:1,125 / 1,077DOM:34 / 1New:14Total:48
3 Beds
Avg:$5,656Median:$4,500Range:$2,950 – $9,800PSF:$3 / $3Sq Ft:1,889 / 1,700DOM:17 / 1New:3Total:8
4 Beds
Avg:$6,744Median:$6,700Range:$4,350 – $9,000PSF:$3 / $3Sq Ft:2,671 / 2,650DOM:42 / 23New:2Total:9
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,935 | $1,850 | $1,060 – $2,625 | $4 / $4 | 470 / 470 | 69 / 24 | 1 | 36 |
| 1 Beds | $2,678 | $2,495 | $1,440 – $5,733 | $4 / $3 | 721 / 700 | 60 / 8 | 8 | 61 |
| 2 Beds | $3,706 | $3,200 | $1,995 – $8,806 | $3 / $3 | 1,125 / 1,077 | 34 / 1 | 14 | 48 |
| 3 Beds | $5,656 | $4,500 | $2,950 – $9,800 | $3 / $3 | 1,889 / 1,700 | 17 / 1 | 3 | 8 |
| 4 Beds | $6,744 | $6,700 | $4,350 – $9,000 | $3 / $3 | 2,671 / 2,650 | 42 / 23 | 2 | 9 |
6-Month Sales Trend
Oct 2025
Median Price:$1,699,000Median DOM:51New:58Total:247
Nov 2025
Median Price:$1,598,000Median DOM:65New:26Total:221
Dec 2025
Median Price:$1,525,000Median DOM:80New:16Total:189
Jan 2026
Median Price:$1,675,000Median DOM:81New:51Total:174
Feb 2026
Median Price:$1,899,000Median DOM:44New:56Total:196
Mar 2026
Median Price:$1,899,000Median DOM:41New:28Total:213
6-Month Rental Trend
Oct 2025
Median Rent:$2,770Median DOM:8New:77Total:208
Nov 2025
Median Rent:$2,795Median DOM:12New:56Total:199
Dec 2025
Median Rent:$2,725Median DOM:14New:51Total:181
Jan 2026
Median Rent:$2,695Median DOM:16New:44Total:164
Feb 2026
Median Rent:$2,595Median DOM:13New:45Total:158
Mar 2026
Median Rent:$2,595Median DOM:6New:28Total:162
Key Market Takeaways
Median sale prices held steady this month while inventory expanded. Days on market declined, signaling improving buyer activity. Rental pricing remained stable, 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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