ZIP 98007 Housing Market Report

Northwest Seattle

Report period: March 2026

98007 Monthly Market Update – March 2026

ZIP 98007 · Last updated Mar 11, 2026 · Data range Oct 2025 – Mar 2026

Executive Snapshot

Median Sale Price
$975,000
−18.6%
Median DOM (Sales)
34
+36.0%
New Listings (Sales)
5
−83.3%
Median Rent
$2,246
−0.2%
Median DOM (Rental)
35
+6.1%
Total Rental Listings
102
−5.6%

Month-over-Month Movement

Median sale prices eased compared to last month. Days on market lengthened. Rents softened. Rental inventory tightened.

What's Moving Fastest

  • Fastest selling: Land (3 DOM)
  • Fastest renting: Single Family (1 DOM)
  • Strongest bedroom: 4 Beds ($1,999,000 median)

Sales Market Overview

Median Price
$975,000
−18.6%
Median DOM
34
+36.0%
New Listings
5
−83.3%
Inventory
85
+3.7%
  • Average Price: $1,151,349
  • Median Price: $975,000
  • Price Range: $220,000 – $3,398,000
  • Price per Sq Ft (Avg/Median): $565 / $506
  • Square Footage (Avg/Median): 1,843 / 1,520
  • Square Footage Range: 610 – 5,070
  • Days on Market (Avg/Median): 55 / 34
  • Days on Market Range: 2 – 340
  • New Listings: 5
  • Total Listings: 85

Sales by Property Type

Condo
Avg/Median Price$492,231 / $354,999Range$220,000 – $1,956,995Price per Sq Ft$444 / $424Sq Ft1,032 / 913DOM70 / 41New3Total40
Land
Avg/Median Price$1,495,000 / $1,495,000Range$1,495,000 – $1,495,000Price per Sq FtSq FtDOM3 / 3New1Total1
Multi-Family
Avg/Median Price$1,659,738 / $1,499,950Range$1,495,000 – $1,949,000Price per Sq Ft$611 / $623Sq Ft2,825 / 2,220DOM48 / 46New0Total4
Single Family
Avg/Median Price$1,977,359 / $1,999,000Range$975,000 – $3,398,000Price per Sq Ft$728 / $733Sq Ft2,771 / 2,864DOM42 / 25New1Total32
Townhouse
Avg/Median Price$845,744 / $825,000Range$535,000 – $1,265,000Price per Sq Ft$496 / $482Sq Ft1,694 / 1,710DOM48 / 26New0Total8

Sales by Bedroom Count

1 Beds
Avg:$294,307Median:$299,000Range:$220,000 – $359,000PSF:$411 / $414Sq Ft:717 / 684DOM:97 / 49New:0Total:13
2 Beds
Avg:$429,584Median:$410,000Range:$299,988 – $699,000PSF:$427 / $428Sq Ft:1,001 / 950DOM:57 / 35New:1Total:23
3 Beds
Avg:$1,045,509Median:$1,198,000Range:$399,950 – $1,549,000PSF:$650 / $641Sq Ft:1,641 / 1,674DOM:27 / 20New:3Total:17
4 Beds
Avg:$1,874,295Median:$1,999,000Range:$1,200,000 – $2,395,000PSF:$704 / $732Sq Ft:2,641 / 2,604DOM:36 / 21New:0Total:10
5 Beds
Avg:$2,301,239Median:$1,999,000Range:$1,499,950 – $3,398,000PSF:$703 / $698Sq Ft:3,259 / 2,864DOM:67 / 44New:0Total:16
6 Beds
Avg:$1,844,450Median:$1,695,000Range:$1,495,000 – $2,189,000PSF:$625 / $622Sq Ft:2,974 / 2,720DOM:45 / 34New:0Total:4
8 Beds
Avg:$1,949,000Median:$1,949,000Range:$1,949,000 – $1,949,000PSF:$470 / $470Sq Ft:4,150 / 4,150DOM:54 / 54New:0Total:1

Rental Market Overview

Median Rent
$2,246
−0.2%
Median DOM
35
+6.1%
New Listings
15
Inventory
102
−5.6%
  • Average Rent: $2,622
  • Median Rent: $2,246
  • Rent Range: $1,377 – $9,672
  • Rent per Sq Ft (Avg/Median): $3 / $3
  • Square Footage (Avg/Median): 1,002 / 889
  • Square Footage Range: 423 – 2,550
  • Days on Market (Avg/Median): 54 / 35
  • Days on Market Range: 1 – 235
  • New Listings: 15
  • Total Listings: 102

Rentals by Property Type

Apartment
$2,195
Median DOM: 51
Inventory: 65
MoM: −0.2%
Condo
$2,200
Median DOM: 6
Inventory: 18
MoM: −0.2%
Single Family
$3,025
Median DOM: 1
Inventory: 16
MoM: −0.2%
Townhouse
$2,750
Median DOM: 31
Inventory: 3
MoM: −0.2%
Apartment
Avg/Median Rent$2,438 / $2,195Range$1,377 – $9,672Rent per Sq Ft$3 / $3Sq Ft843 / 845DOM72 / 51New4Total65
Condo
Avg/Median Rent$2,617 / $2,200Range$1,500 – $5,314Rent per Sq Ft$3 / $3Sq Ft1,029 / 860DOM25 / 6New7Total18
Single Family
Avg/Median Rent$3,294 / $3,025Range$1,800 – $5,495Rent per Sq Ft$2 / $2Sq Ft1,550 / 1,419DOM24 / 1New4Total16
Townhouse
Avg/Median Rent$3,067 / $2,750Range$2,450 – $4,000Rent per Sq Ft$3 / $3Sq Ft1,174 / 1,080DOM48 / 31New0Total3

Rentals by Bedroom Count

Studio
Avg:$1,639Median:$1,587Range:$1,377 – $2,009PSF:$4 / $4Sq Ft:475 / 450DOM:175 / 174New:0Total:7
1 Beds
Avg:$2,173Median:$1,947Range:$1,535 – $5,314PSF:$3 / $3Sq Ft:780 / 700DOM:34 / 12New:6Total:28
2 Beds
Avg:$2,346Median:$2,349Range:$1,900 – $2,895PSF:$3 / $3Sq Ft:934 / 900DOM:59 / 40New:7Total:49
3 Beds
Avg:$4,277Median:$3,300Range:$2,750 – $9,672PSF:$3 / $3Sq Ft:1,331 / 1,300DOM:38 / 14New:1Total:7
4 Beds
Avg:$4,474Median:$4,000Range:$3,000 – $9,627PSF:$2 / $2Sq Ft:1,895 / 1,620DOM:61 / 40New:1Total:9
5 Beds
Avg:$4,998Median:$4,500Range:$4,500 – $5,495PSF:$2 / $2Sq Ft:2,245 / 2,040DOM:13 / 7New:0Total:2

6-Month Sales Trend

Oct 2025
Median Price:$950,000Median DOM:45New:21Total:98
Nov 2025
Median Price:$950,000Median DOM:35New:23Total:84
Dec 2025
Median Price:$1,095,000Median DOM:47New:11Total:69
Jan 2026
Median Price:$1,198,000Median DOM:32New:25Total:67
Feb 2026
Median Price:$1,198,000Median DOM:25New:30Total:82
Mar 2026
Median Price:$975,000Median DOM:34New:5Total:85

6-Month Rental Trend

Oct 2025
Median Rent:$2,462Median DOM:15New:29Total:79
Nov 2025
Median Rent:$2,358Median DOM:34New:24Total:81
Dec 2025
Median Rent:$2,230Median DOM:44New:24Total:85
Jan 2026
Median Rent:$2,202Median DOM:33New:33Total:98
Feb 2026
Median Rent:$2,251Median DOM:33New:27Total:108
Mar 2026
Median Rent:$2,246Median DOM:35New:15Total:102

Key Market Takeaways

Median sale prices softened this month while inventory expanded. Days on market lengthened, signaling slower buyer activity. Rental pricing eased, 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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