ZIP 98011 Housing Market Report

Northwest Seattle

Report period: March 2026

98011 Monthly Market Update – March 2026

ZIP 98011 · Last updated Mar 11, 2026 · Data range Oct 2025 – Mar 2026

Executive Snapshot

Median Sale Price
$949,990
0.0%
Median DOM (Sales)
21
−40.0%
New Listings (Sales)
21
−27.6%
Median Rent
$2,100
0.0%
Median DOM (Rental)
8
+700.0%
Total Rental Listings
67
−2.9%

Month-over-Month Movement

Median sale prices were flat. Days on market improved. Rents were stable. Rental inventory tightened.

What's Moving Fastest

  • Fastest selling: Single Family (9 DOM)
  • Fastest renting: Condo (1 DOM)
  • Strongest bedroom: 6 Beds ($1,785,000 median)

Sales Market Overview

Median Price
$949,990
0.0%
Median DOM
21
−40.0%
New Listings
21
−27.6%
Inventory
127
+13.4%
  • Average Price: $992,686
  • Median Price: $949,990
  • Price Range: $74,950 – $3,080,000
  • Price per Sq Ft (Avg/Median): $492 / $505
  • Square Footage (Avg/Median): 1,922 / 1,798
  • Square Footage Range: 616 – 5,249
  • Days on Market (Avg/Median): 60 / 21
  • Days on Market Range: 2 – 314
  • New Listings: 21
  • Total Listings: 127

Sales by Property Type

Condo
Avg/Median Price$496,150 / $450,000Range$250,000 – $1,175,000Price per Sq Ft$457 / $455Sq Ft1,094 / 975DOM73 / 41New4Total25
Land
Avg/Median Price$1,526,200 / $1,198,000Range$883,000 – $2,900,000Price per Sq FtSq FtDOM83 / 51New0Total5
Manufactured
Avg/Median Price$349,488 / $120,000Range$74,950 – $695,000Price per Sq Ft$233 / $146Sq Ft1,343 / 1,300DOM69 / 48New1Total12
Multi-Family
Avg/Median Price$1,695,000 / $1,695,000Range$1,695,000 – $1,695,000Price per Sq Ft$459 / $459Sq Ft3,696 / 3,696DOM181 / 181New0Total1
Single Family
Avg/Median Price$1,388,001 / $1,175,000Range$760,000 – $3,080,000Price per Sq Ft$551 / $548Sq Ft2,594 / 2,380DOM32 / 9New9Total46
Townhouse
Avg/Median Price$955,249 / $950,000Range$449,999 – $1,584,000Price per Sq Ft$528 / $514Sq Ft1,789 / 1,798DOM75 / 40New7Total38

Sales by Bedroom Count

1 Beds
Avg:$292,325Median:$315,000Range:$90,000 – $399,000PSF:$409 / $426Sq Ft:705 / 730DOM:66 / 22New:1Total:6
2 Beds
Avg:$460,418Median:$485,000Range:$94,000 – $799,950PSF:$425 / $455Sq Ft:1,074 / 1,036DOM:66 / 41New:3Total:28
3 Beds
Avg:$895,701Median:$924,990Range:$74,950 – $1,548,000PSF:$507 / $531Sq Ft:1,768 / 1,798DOM:59 / 18New:7Total:45
4 Beds
Avg:$1,372,428Median:$1,245,000Range:$625,000 – $2,280,000PSF:$536 / $518Sq Ft:2,585 / 2,367DOM:45 / 12New:8Total:33
5 Beds
Avg:$1,839,725Median:$1,649,900Range:$990,000 – $3,080,000PSF:$546 / $546Sq Ft:3,336 / 2,951DOM:38 / 12New:2Total:8
6 Beds
Avg:$1,785,000Median:$1,785,000Range:$1,785,000 – $1,785,000PSF:$366 / $366Sq Ft:4,880 / 4,880DOM:293 / 293New:0Total:1
8 Beds
Avg:$1,695,000Median:$1,695,000Range:$1,695,000 – $1,695,000PSF:$459 / $459Sq Ft:3,696 / 3,696DOM:181 / 181New:0Total:1

Rental Market Overview

Median Rent
$2,100
0.0%
Median DOM
8
+700.0%
New Listings
15
Inventory
67
−2.9%
  • Average Rent: $2,396
  • Median Rent: $2,100
  • Rent Range: $1,345 – $4,500
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 1,082 / 930
  • Square Footage Range: 500 – 3,113
  • Days on Market (Avg/Median): 53 / 8
  • Days on Market Range: 1 – 254
  • New Listings: 15
  • Total Listings: 67

Rentals by Property Type

Apartment
$1,845
Median DOM: 108
Inventory: 32
MoM: 0.0%
Condo
$2,100
Median DOM: 1
Inventory: 12
MoM: 0.0%
Single Family
$2,750
Median DOM: 1
Inventory: 16
MoM: 0.0%
Townhouse
$3,200
Median DOM: 10
Inventory: 6
MoM: 0.0%
Apartment
Avg/Median Rent$1,902 / $1,845Range$1,345 – $2,449Rent per Sq Ft$3 / $3Sq Ft718 / 696DOM130 / 108New0Total32
Condo
Avg/Median Rent$2,470 / $2,100Range$1,795 – $4,500Rent per Sq Ft$2 / $2Sq Ft1,246 / 975DOM17 / 1New7Total12
Manufactured
Avg/Median Rent$4,000 / $4,000Range$4,000 – $4,000Rent per Sq Ft$2 / $2Sq Ft1,720 / 1,720DOM14 / 14New0Total1
Single Family
Avg/Median Rent$2,863 / $2,750Range$1,850 – $4,500Rent per Sq Ft$2 / $2Sq Ft1,495 / 1,250DOM17 / 1New5Total16
Townhouse
Avg/Median Rent$3,378 / $3,200Range$2,900 – $4,199Rent per Sq Ft$2 / $2Sq Ft1,489 / 1,394DOM22 / 10New3Total6

Rentals by Bedroom Count

Studio
Avg:$1,858Median:$1,845Range:$1,819 – $1,909PSF:$3 / $3Sq Ft:558 / 547DOM:146 / 146New:0Total:3
1 Beds
Avg:$1,812Median:$1,795Range:$1,345 – $2,100PSF:$3 / $3Sq Ft:673 / 685DOM:115 / 85New:0Total:24
2 Beds
Avg:$2,422Median:$2,350Range:$1,795 – $3,200PSF:$2 / $2Sq Ft:1,065 / 1,045DOM:37 / 1New:10Total:26
3 Beds
Avg:$3,258Median:$3,299Range:$2,349 – $4,199PSF:$2 / $2Sq Ft:1,643 / 1,537DOM:15 / 8New:3Total:10
4 Beds
Avg:$3,816Median:$3,499Range:$3,450 – $4,500PSF:$2 / $2Sq Ft:2,478 / 2,640DOM:73 / 44New:1Total:3
5 Beds
Avg:$4,500Median:$4,500Range:$4,500 – $4,500PSF:$1 / $1Sq Ft:3,113 / 3,113DOM:8 / 8New:1Total:1

6-Month Sales Trend

Oct 2025
Median Price:$910,000Median DOM:33New:51Total:155
Nov 2025
Median Price:$938,000Median DOM:48New:17Total:130
Dec 2025
Median Price:$949,990Median DOM:62New:10Total:109
Jan 2026
Median Price:$879,900Median DOM:46New:36Total:98
Feb 2026
Median Price:$949,990Median DOM:35New:29Total:112
Mar 2026
Median Price:$949,990Median DOM:21New:21Total:127

6-Month Rental Trend

Oct 2025
Median Rent:$2,485Median DOM:19New:30Total:87
Nov 2025
Median Rent:$2,300Median DOM:18New:21Total:76
Dec 2025
Median Rent:$2,295Median DOM:16New:23Total:71
Jan 2026
Median Rent:$2,100Median DOM:1New:22Total:69
Feb 2026
Median Rent:$2,100Median DOM:1New:17Total:69
Mar 2026
Median Rent:$2,100Median DOM:8New:15Total:67

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 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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