ZIP 98023 Housing Market Report
Northwest Seattle
Report period: March 2026
98023 Monthly Market Update – March 2026
ZIP 98023 · Last updated Mar 11, 2026 · Data range Oct 2025 – Mar 2026
Executive Snapshot
Median Sale Price
$629,000
+0.6%
Median DOM (Sales)
28
−20.0%
New Listings (Sales)
18
−56.1%
Median Rent
$1,804
+6.4%
Median DOM (Rental)
23
−11.5%
Total Rental Listings
101
0.0%
Month-over-Month Movement
Median sale prices moved higher. Days on market improved. Rents moved higher.
What's Moving Fastest
- Fastest selling: Townhouse (18 DOM)
- Fastest renting: Single Family (1 DOM)
- Strongest bedroom: 6 Beds ($1,099,000 median)
Sales Market Overview
Median Price
$629,000
+0.6%
Median DOM
28
−20.0%
New Listings
18
−56.1%
Inventory
161
+5.2%
- Average Price: $721,232
- Median Price: $629,000
- Price Range: $24,995 – $3,250,000
- Price per Sq Ft (Avg/Median): $339 / $323
- Square Footage (Avg/Median): 2,266 / 2,140
- Square Footage Range: 809 – 7,100
- Days on Market (Avg/Median): 56 / 28
- Days on Market Range: 2 – 290
- New Listings: 18
- Total Listings: 161
Sales by Property Type
Condo
Avg/Median Price$302,576 / $300,700Range$190,000 – $439,950Price per Sq Ft$276 / $286Sq Ft1,109 / 1,071DOM74 / 38New1Total19
Land
Avg/Median Price$333,902 / $294,000Range$24,995 – $1,474,000Price per Sq Ft—Sq Ft—DOM111 / 89New1Total16
Manufactured
Avg/Median Price$585,000 / $570,000Range$570,000 – $599,999Price per Sq Ft$393 / $370Sq Ft1,490 / 1,440DOM104 / 84New0Total2
Single Family
Avg/Median Price$856,741 / $699,000Range$400,000 – $3,250,000Price per Sq Ft$351 / $338Sq Ft2,503 / 2,350DOM47 / 21New15Total119
Townhouse
Avg/Median Price$380,970 / $369,950Range$339,950 – $425,000Price per Sq Ft$288 / $283Sq Ft1,323 / 1,315DOM17 / 18New1Total5
Sales by Bedroom Count
2 Beds
Avg:$326,956Median:$300,700Range:$190,000 – $570,000PSF:$292 / $283Sq Ft:1,122 / 1,100DOM:76 / 62New:1Total:18
3 Beds
Avg:$642,818Median:$597,000Range:$294,800 – $2,199,000PSF:$367 / $361Sq Ft:1,800 / 1,610DOM:42 / 13New:5Total:52
4 Beds
Avg:$912,426Median:$735,000Range:$545,000 – $2,550,000PSF:$338 / $338Sq Ft:2,718 / 2,700DOM:62 / 29New:6Total:53
5 Beds
Avg:$1,049,086Median:$849,950Range:$540,000 – $3,250,000PSF:$319 / $313Sq Ft:3,143 / 2,964DOM:24 / 18New:4Total:19
6 Beds
Avg:$1,149,000Median:$1,099,000Range:$1,099,000 – $1,199,000PSF:$304 / $287Sq Ft:3,798 / 3,417DOM:6 / 5New:1Total:2
7 Beds
Avg:$875,000Median:$875,000Range:$875,000 – $875,000PSF:$260 / $260Sq Ft:3,360 / 3,360DOM:22 / 22New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $326,956 | $300,700 | $190,000 – $570,000 | $292 / $283 | 1,122 / 1,100 | 76 / 62 | 1 | 18 |
| 3 Beds | $642,818 | $597,000 | $294,800 – $2,199,000 | $367 / $361 | 1,800 / 1,610 | 42 / 13 | 5 | 52 |
| 4 Beds | $912,426 | $735,000 | $545,000 – $2,550,000 | $338 / $338 | 2,718 / 2,700 | 62 / 29 | 6 | 53 |
| 5 Beds | $1,049,086 | $849,950 | $540,000 – $3,250,000 | $319 / $313 | 3,143 / 2,964 | 24 / 18 | 4 | 19 |
| 6 Beds | $1,149,000 | $1,099,000 | $1,099,000 – $1,199,000 | $304 / $287 | 3,798 / 3,417 | 6 / 5 | 1 | 2 |
| 7 Beds | $875,000 | $875,000 | $875,000 – $875,000 | $260 / $260 | 3,360 / 3,360 | 22 / 22 | 0 | 1 |
Rental Market Overview
Median Rent
$1,804
+6.4%
Median DOM
23
−11.5%
New Listings
20
Inventory
101
0.0%
- Average Rent: $2,247
- Median Rent: $1,804
- Rent Range: $1,136 – $7,890
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,213 / 842
- Square Footage Range: 432 – 4,440
- Days on Market (Avg/Median): 54 / 23
- Days on Market Range: 1 – 344
- New Listings: 20
- Total Listings: 101
Rentals by Property Type
Apartment
$1,464
Median DOM: 62
Inventory: 57
MoM: +6.4%
Condo
$2,275
Median DOM: 9
Inventory: 5
MoM: +6.4%
Single Family
$3,199
Median DOM: 1
Inventory: 38
MoM: +6.4%
Townhouse
$2,500
Median DOM: 1
Inventory: 1
MoM: +6.4%
Apartment
Avg/Median Rent$1,563 / $1,464Range$1,136 – $3,295Rent per Sq Ft$2 / $2Sq Ft734 / 598DOM90 / 62New2Total57
Condo
Avg/Median Rent$2,232 / $2,275Range$1,650 – $2,600Rent per Sq Ft$2 / $2Sq Ft995 / 956DOM6 / 9New2Total5
Single Family
Avg/Median Rent$3,269 / $3,199Range$1,550 – $7,890Rent per Sq Ft$2 / $2Sq Ft1,993 / 1,850DOM10 / 1New16Total38
Townhouse
Avg/Median Rent$2,500 / $2,500Range$2,500 – $2,500Rent per Sq Ft$2 / $2Sq Ft1,543 / 1,543DOM1 / 1New0Total1
Rentals by Bedroom Count
Studio
Avg:$1,201Median:$1,211Range:$1,136 – $1,264PSF:$3 / $3Sq Ft:432 / 432DOM:58 / 42New:0Total:7
1 Beds
Avg:$1,438Median:$1,425Range:$1,191 – $1,799PSF:$2 / $2Sq Ft:635 / 598DOM:89 / 64New:1Total:33
2 Beds
Avg:$2,004Median:$1,899Range:$1,440 – $3,295PSF:$2 / $2Sq Ft:1,035 / 850DOM:78 / 29New:4Total:24
3 Beds
Avg:$3,179Median:$2,950Range:$1,955 – $7,890PSF:$2 / $2Sq Ft:1,781 / 1,690DOM:15 / 1New:9Total:24
4 Beds
Avg:$3,361Median:$3,350Range:$2,500 – $4,015PSF:$2 / $2Sq Ft:2,142 / 1,950DOM:1 / 1New:5Total:9
5 Beds
Avg:$3,713Median:$3,795Range:$3,495 – $3,850PSF:$1 / $1Sq Ft:2,800 / 2,910DOM:1 / 1New:1Total:3
6 Beds
Avg:$5,300Median:$5,300Range:$5,300 – $5,300PSF:$1 / $1Sq Ft:4,440 / 4,440DOM:3 / 3New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,201 | $1,211 | $1,136 – $1,264 | $3 / $3 | 432 / 432 | 58 / 42 | 0 | 7 |
| 1 Beds | $1,438 | $1,425 | $1,191 – $1,799 | $2 / $2 | 635 / 598 | 89 / 64 | 1 | 33 |
| 2 Beds | $2,004 | $1,899 | $1,440 – $3,295 | $2 / $2 | 1,035 / 850 | 78 / 29 | 4 | 24 |
| 3 Beds | $3,179 | $2,950 | $1,955 – $7,890 | $2 / $2 | 1,781 / 1,690 | 15 / 1 | 9 | 24 |
| 4 Beds | $3,361 | $3,350 | $2,500 – $4,015 | $2 / $2 | 2,142 / 1,950 | 1 / 1 | 5 | 9 |
| 5 Beds | $3,713 | $3,795 | $3,495 – $3,850 | $1 / $1 | 2,800 / 2,910 | 1 / 1 | 1 | 3 |
| 6 Beds | $5,300 | $5,300 | $5,300 – $5,300 | $1 / $1 | 4,440 / 4,440 | 3 / 3 | 0 | 1 |
6-Month Sales Trend
Oct 2025
Median Price:$635,000Median DOM:45New:34Total:183
Nov 2025
Median Price:$639,950Median DOM:58New:22Total:155
Dec 2025
Median Price:$639,950Median DOM:67New:19Total:129
Jan 2026
Median Price:$620,000Median DOM:61New:40Total:137
Feb 2026
Median Price:$624,950Median DOM:35New:41Total:153
Mar 2026
Median Price:$629,000Median DOM:28New:18Total:161
6-Month Rental Trend
Oct 2025
Median Rent:$1,899Median DOM:19New:37Total:111
Nov 2025
Median Rent:$1,799Median DOM:16New:38Total:106
Dec 2025
Median Rent:$1,700Median DOM:35New:26Total:99
Jan 2026
Median Rent:$1,692Median DOM:41New:29Total:97
Feb 2026
Median Rent:$1,695Median DOM:26New:38Total:101
Mar 2026
Median Rent:$1,804Median DOM:23New:20Total:101
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 was flat.
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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