ZIP 98005 Housing Market Report
Northwest Seattle
Report period: March 2026
98005 Monthly Market Update – March 2026
ZIP 98005 · Last updated Mar 11, 2026 · Data range Oct 2025 – Mar 2026
Executive Snapshot
Median Sale Price
$1,495,000
+10.3%
Median DOM (Sales)
21
−4.5%
New Listings (Sales)
10
−68.8%
Median Rent
$2,575
+0.2%
Median DOM (Rental)
20
−13.0%
Total Rental Listings
62
+1.6%
Month-over-Month Movement
Median sale prices moved higher. Days on market improved. Rents moved higher. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Single Family (8 DOM)
- Fastest renting: Condo (1 DOM)
- Strongest bedroom: 5 Beds ($3,998,990 median)
Sales Market Overview
Median Price
$1,495,000
+10.3%
Median DOM
21
−4.5%
New Listings
10
−68.8%
Inventory
89
+6.0%
- Average Price: $1,769,450
- Median Price: $1,495,000
- Price Range: $370,000 – $6,289,990
- Price per Sq Ft (Avg/Median): $668 / $659
- Square Footage (Avg/Median): 2,463 / 2,118
- Square Footage Range: 662 – 6,510
- Days on Market (Avg/Median): 47 / 21
- Days on Market Range: 1 – 307
- New Listings: 10
- Total Listings: 89
Sales by Property Type
Condo
Avg/Median Price$551,328 / $508,000Range$370,000 – $849,900Price per Sq Ft$528 / $527Sq Ft1,056 / 952DOM39 / 27New2Total26
Land
Avg/Median Price$1,424,975 / $1,249,950Range$1,249,950 – $1,600,000Price per Sq Ft—Sq Ft—DOM26 / 23New0Total2
Single Family
Avg/Median Price$2,862,350 / $2,399,950Range$1,495,000 – $6,289,990Price per Sq Ft$769 / $798Sq Ft3,687 / 3,280DOM52 / 8New7Total39
Townhouse
Avg/Median Price$1,302,952 / $1,299,000Range$430,000 – $2,185,000Price per Sq Ft$653 / $659Sq Ft1,957 / 2,004DOM49 / 29New1Total22
Sales by Bedroom Count
1 Beds
Avg:$434,148Median:$400,000Range:$370,000 – $575,000PSF:$549 / $539Sq Ft:806 / 687DOM:48 / 34New:0Total:6
2 Beds
Avg:$569,938Median:$525,000Range:$429,950 – $780,000PSF:$524 / $518Sq Ft:1,094 / 1,032DOM:32 / 19New:2Total:21
3 Beds
Avg:$1,225,681Median:$900,000Range:$715,000 – $2,000,000PSF:$634 / $546Sq Ft:1,968 / 1,850DOM:52 / 29New:1Total:16
4 Beds
Avg:$2,144,490Median:$2,170,000Range:$1,299,000 – $3,925,000PSF:$760 / $798Sq Ft:2,828 / 2,630DOM:45 / 9New:4Total:28
5 Beds
Avg:$3,800,061Median:$3,998,990Range:$1,750,000 – $6,289,990PSF:$785 / $814Sq Ft:4,671 / 4,911DOM:71 / 14New:2Total:15
6 Beds
Avg:$3,400,000Median:$3,400,000Range:$3,400,000 – $3,400,000PSF:$592 / $592Sq Ft:5,740 / 5,740DOM:7 / 7New:1Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $434,148 | $400,000 | $370,000 – $575,000 | $549 / $539 | 806 / 687 | 48 / 34 | 0 | 6 |
| 2 Beds | $569,938 | $525,000 | $429,950 – $780,000 | $524 / $518 | 1,094 / 1,032 | 32 / 19 | 2 | 21 |
| 3 Beds | $1,225,681 | $900,000 | $715,000 – $2,000,000 | $634 / $546 | 1,968 / 1,850 | 52 / 29 | 1 | 16 |
| 4 Beds | $2,144,490 | $2,170,000 | $1,299,000 – $3,925,000 | $760 / $798 | 2,828 / 2,630 | 45 / 9 | 4 | 28 |
| 5 Beds | $3,800,061 | $3,998,990 | $1,750,000 – $6,289,990 | $785 / $814 | 4,671 / 4,911 | 71 / 14 | 2 | 15 |
| 6 Beds | $3,400,000 | $3,400,000 | $3,400,000 – $3,400,000 | $592 / $592 | 5,740 / 5,740 | 7 / 7 | 1 | 1 |
Rental Market Overview
Median Rent
$2,575
+0.2%
Median DOM
20
−13.0%
New Listings
9
Inventory
62
+1.6%
- Average Rent: $3,036
- Median Rent: $2,575
- Rent Range: $1,311 – $9,500
- Rent per Sq Ft (Avg/Median): $3 / $3
- Square Footage (Avg/Median): 1,262 / 1,003
- Square Footage Range: 300 – 5,300
- Days on Market (Avg/Median): 92 / 20
- Days on Market Range: 1 – 356
- New Listings: 9
- Total Listings: 62
Rentals by Property Type
Apartment
$2,095
Median DOM: 201
Inventory: 31
MoM: +0.2%
Condo
$2,600
Median DOM: 1
Inventory: 7
MoM: +0.2%
Single Family
$4,400
Median DOM: 2
Inventory: 19
MoM: +0.2%
Townhouse
$3,000
Median DOM: 3
Inventory: 5
MoM: +0.2%
Apartment
Avg/Median Rent$2,238 / $2,095Range$1,311 – $3,900Rent per Sq Ft$3 / $3Sq Ft745 / 669DOM203 / 201New1Total31
Condo
Avg/Median Rent$2,550 / $2,600Range$1,899 – $3,000Rent per Sq Ft$3 / $3Sq Ft985 / 859DOM43 / 1New0Total7
Single Family
Avg/Median Rent$4,537 / $4,400Range$1,948 – $9,500Rent per Sq Ft$2 / $2Sq Ft2,196 / 2,080DOM42 / 2New7Total19
Townhouse
Avg/Median Rent$2,960 / $3,000Range$2,499 – $3,250Rent per Sq Ft$3 / $3Sq Ft1,249 / 1,100DOM37 / 3New1Total5
Rentals by Bedroom Count
Studio
Avg:$2,082Median:$1,995Range:$1,311 – $4,167PSF:$4 / $4Sq Ft:565 / 450DOM:258 / 235New:0Total:11
1 Beds
Avg:$2,175Median:$2,037Range:$1,635 – $3,400PSF:$3 / $3Sq Ft:753 / 669DOM:82 / 10New:1Total:16
2 Beds
Avg:$2,889Median:$2,787Range:$2,395 – $3,900PSF:$3 / $3Sq Ft:1,071 / 1,060DOM:148 / 32New:1Total:14
3 Beds
Avg:$3,344Median:$3,000Range:$2,395 – $4,600PSF:$2 / $2Sq Ft:1,762 / 1,700DOM:51 / 3New:3Total:10
4 Beds
Avg:$4,713Median:$4,500Range:$3,745 – $6,200PSF:$2 / $2Sq Ft:2,305 / 2,250DOM:12 / 1New:4Total:10
5 Beds
Avg:$9,500Median:$9,500Range:$9,500 – $9,500PSF:$2 / $2Sq Ft:5,300 / 5,300DOM:24 / 24New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $2,082 | $1,995 | $1,311 – $4,167 | $4 / $4 | 565 / 450 | 258 / 235 | 0 | 11 |
| 1 Beds | $2,175 | $2,037 | $1,635 – $3,400 | $3 / $3 | 753 / 669 | 82 / 10 | 1 | 16 |
| 2 Beds | $2,889 | $2,787 | $2,395 – $3,900 | $3 / $3 | 1,071 / 1,060 | 148 / 32 | 1 | 14 |
| 3 Beds | $3,344 | $3,000 | $2,395 – $4,600 | $2 / $2 | 1,762 / 1,700 | 51 / 3 | 3 | 10 |
| 4 Beds | $4,713 | $4,500 | $3,745 – $6,200 | $2 / $2 | 2,305 / 2,250 | 12 / 1 | 4 | 10 |
| 5 Beds | $9,500 | $9,500 | $9,500 – $9,500 | $2 / $2 | 5,300 / 5,300 | 24 / 24 | 0 | 1 |
6-Month Sales Trend
Oct 2025
Median Price:$1,490,000Median DOM:50New:20Total:113
Nov 2025
Median Price:$1,525,000Median DOM:58New:11Total:99
Dec 2025
Median Price:$1,398,500Median DOM:83New:5Total:68
Jan 2026
Median Price:$1,395,000Median DOM:56New:29Total:72
Feb 2026
Median Price:$1,355,000Median DOM:22New:32Total:84
Mar 2026
Median Price:$1,495,000Median DOM:21New:10Total:89
6-Month Rental Trend
Oct 2025
Median Rent:$2,700Median DOM:9New:26Total:75
Nov 2025
Median Rent:$2,595Median DOM:29New:26Total:70
Dec 2025
Median Rent:$2,700Median DOM:32New:17Total:70
Jan 2026
Median Rent:$2,750Median DOM:32New:14Total:63
Feb 2026
Median Rent:$2,570Median DOM:23New:10Total:61
Mar 2026
Median Rent:$2,575Median DOM:20New:9Total:62
Key Market Takeaways
Median sale prices moved higher this month while inventory expanded. 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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