ZIP 98008 Housing Market Report
Northwest Seattle
Report period: March 2026
98008 Monthly Market Update – March 2026
ZIP 98008 · Last updated Mar 11, 2026 · Data range Oct 2025 – Mar 2026
Executive Snapshot
Median Sale Price
$1,588,000
−0.1%
Median DOM (Sales)
14
−12.5%
New Listings (Sales)
17
−50.0%
Median Rent
$3,700
+5.7%
Median DOM (Rental)
1
0.0%
Total Rental Listings
43
+7.5%
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: Single Family (10 DOM)
- Fastest renting: Single Family (1 DOM)
- Strongest bedroom: 5 Beds ($2,698,888 median)
Sales Market Overview
Median Price
$1,588,000
−0.1%
Median DOM
14
−12.5%
New Listings
17
−50.0%
Inventory
90
+18.4%
- Average Price: $1,949,114
- Median Price: $1,588,000
- Price Range: $475,000 – $8,000,000
- Price per Sq Ft (Avg/Median): $680 / $678
- Square Footage (Avg/Median): 2,796 / 2,565
- Square Footage Range: 960 – 5,197
- Days on Market (Avg/Median): 40 / 14
- Days on Market Range: 1 – 226
- New Listings: 17
- Total Listings: 90
Sales by Property Type
Condo
Avg/Median Price$1,075,580 / $815,000Range$475,000 – $1,999,950Price per Sq Ft$620 / $599Sq Ft1,634 / 1,466DOM52 / 34New0Total5
Land
Avg/Median Price$4,039,000 / $2,988,000Range$1,129,000 – $8,000,000Price per Sq Ft—Sq Ft—DOM140 / 141New0Total3
Single Family
Avg/Median Price$2,053,083 / $1,838,000Range$975,000 – $4,798,000Price per Sq Ft$703 / $702Sq Ft3,001 / 2,760DOM33 / 10New16Total72
Townhouse
Avg/Median Price$1,010,340 / $899,000Range$738,000 – $1,348,000Price per Sq Ft$544 / $562Sq Ft1,902 / 1,783DOM54 / 13New1Total10
Sales by Bedroom Count
2 Beds
Avg:$740,967Median:$809,900Range:$598,000 – $815,000PSF:$529 / $580Sq Ft:1,407 / 1,396DOM:96 / 118New:0Total:3
3 Beds
Avg:$1,311,129Median:$1,350,000Range:$475,000 – $2,275,000PSF:$735 / $749Sq Ft:1,789 / 1,729DOM:50 / 18New:4Total:26
4 Beds
Avg:$1,817,927Median:$1,590,000Range:$975,000 – $4,798,000PSF:$667 / $647Sq Ft:2,767 / 2,640DOM:22 / 6New:5Total:30
5 Beds
Avg:$2,610,204Median:$2,698,888Range:$1,250,000 – $4,788,800PSF:$663 / $658Sq Ft:3,910 / 4,170DOM:28 / 10New:8Total:26
6 Beds
Avg:$2,293,940Median:$1,999,000Range:$1,999,000 – $2,588,880PSF:$589 / $515Sq Ft:3,895 / 3,880DOM:96 / 46New:0Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $740,967 | $809,900 | $598,000 – $815,000 | $529 / $580 | 1,407 / 1,396 | 96 / 118 | 0 | 3 |
| 3 Beds | $1,311,129 | $1,350,000 | $475,000 – $2,275,000 | $735 / $749 | 1,789 / 1,729 | 50 / 18 | 4 | 26 |
| 4 Beds | $1,817,927 | $1,590,000 | $975,000 – $4,798,000 | $667 / $647 | 2,767 / 2,640 | 22 / 6 | 5 | 30 |
| 5 Beds | $2,610,204 | $2,698,888 | $1,250,000 – $4,788,800 | $663 / $658 | 3,910 / 4,170 | 28 / 10 | 8 | 26 |
| 6 Beds | $2,293,940 | $1,999,000 | $1,999,000 – $2,588,880 | $589 / $515 | 3,895 / 3,880 | 96 / 46 | 0 | 2 |
Rental Market Overview
Median Rent
$3,700
+5.7%
Median DOM
1
0.0%
New Listings
11
Inventory
43
+7.5%
- Average Rent: $3,843
- Median Rent: $3,700
- Rent Range: $1,295 – $7,800
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,814 / 1,774
- Square Footage Range: 270 – 4,600
- Days on Market (Avg/Median): 38 / 1
- Days on Market Range: 1 – 252
- New Listings: 11
- Total Listings: 43
Rentals by Property Type
Apartment
$2,110
Median DOM: 43
Inventory: 6
MoM: +5.7%
Condo
$2,250
Median DOM: 46
Inventory: 3
MoM: +5.7%
Single Family
$3,895
Median DOM: 1
Inventory: 32
MoM: +5.7%
Townhouse
$2,930
Median DOM: 1
Inventory: 2
MoM: +5.7%
Apartment
Avg/Median Rent$2,436 / $2,110Range$1,295 – $4,795Rent per Sq Ft$4 / $3Sq Ft1,188 / 616DOM87 / 43New0Total6
Condo
Avg/Median Rent$2,233 / $2,250Range$2,000 – $2,450Rent per Sq Ft$3 / $3Sq Ft857 / 845DOM43 / 46New0Total3
Single Family
Avg/Median Rent$4,285 / $3,895Range$2,790 – $7,800Rent per Sq Ft$2 / $2Sq Ft2,047 / 1,860DOM34 / 1New11Total32
Townhouse
Avg/Median Rent$3,415 / $2,930Range$2,930 – $3,900Rent per Sq Ft$2 / $2Sq Ft1,412 / 1,050DOM1 / 1New0Total2
Rentals by Bedroom Count
Studio
Avg:$1,667Median:$1,295Range:$1,295 – $2,039PSF:$6 / $4Sq Ft:292 / 270DOM:1 / 1New:0Total:2
1 Beds
Avg:$2,118Median:$2,110Range:$2,110 – $2,127PSF:$3 / $3Sq Ft:696 / 616DOM:—New:0Total:2
2 Beds
Avg:$2,785Median:$2,450Range:$2,000 – $3,900PSF:$3 / $2Sq Ft:1,102 / 845DOM:43 / 46New:0Total:4
3 Beds
Avg:$3,386Median:$3,495Range:$2,250 – $4,300PSF:$3 / $3Sq Ft:1,354 / 1,250DOM:34 / 1New:6Total:16
4 Beds
Avg:$4,966Median:$4,795Range:$3,150 – $7,800PSF:$2 / $2Sq Ft:2,637 / 2,300DOM:32 / 1New:4Total:15
5 Beds
Avg:$4,474Median:$4,000Range:$4,000 – $5,495PSF:$2 / $2Sq Ft:2,604 / 2,090DOM:81 / 34New:1Total:4
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,667 | $1,295 | $1,295 – $2,039 | $6 / $4 | 292 / 270 | 1 / 1 | 0 | 2 |
| 1 Beds | $2,118 | $2,110 | $2,110 – $2,127 | $3 / $3 | 696 / 616 | — | 0 | 2 |
| 2 Beds | $2,785 | $2,450 | $2,000 – $3,900 | $3 / $2 | 1,102 / 845 | 43 / 46 | 0 | 4 |
| 3 Beds | $3,386 | $3,495 | $2,250 – $4,300 | $3 / $3 | 1,354 / 1,250 | 34 / 1 | 6 | 16 |
| 4 Beds | $4,966 | $4,795 | $3,150 – $7,800 | $2 / $2 | 2,637 / 2,300 | 32 / 1 | 4 | 15 |
| 5 Beds | $4,474 | $4,000 | $4,000 – $5,495 | $2 / $2 | 2,604 / 2,090 | 81 / 34 | 1 | 4 |
6-Month Sales Trend
Oct 2025
Median Price:$1,580,000Median DOM:25New:38Total:117
Nov 2025
Median Price:$1,574,000Median DOM:38New:12Total:90
Dec 2025
Median Price:$1,599,999Median DOM:48New:12Total:70
Jan 2026
Median Price:$1,640,000Median DOM:33New:18Total:62
Feb 2026
Median Price:$1,590,000Median DOM:16New:34Total:76
Mar 2026
Median Price:$1,588,000Median DOM:14New:17Total:90
6-Month Rental Trend
Oct 2025
Median Rent:$3,745Median DOM:1New:29Total:53
Nov 2025
Median Rent:$3,700Median DOM:1New:20Total:50
Dec 2025
Median Rent:$3,500Median DOM:1New:23Total:45
Jan 2026
Median Rent:$3,600Median DOM:1New:18Total:47
Feb 2026
Median Rent:$3,500Median DOM:1New:18Total:40
Mar 2026
Median Rent:$3,700Median DOM:1New:11Total:43
Key Market Takeaways
Median sale prices softened 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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