ZIP 98027 Housing Market Report
Northwest Seattle
Report period: March 2026
98027 Monthly Market Update – March 2026
ZIP 98027 · Last updated Mar 11, 2026 · Data range Oct 2025 – Mar 2026
Executive Snapshot
Median Sale Price
$1,030,000
−1.9%
Median DOM (Sales)
26
−10.3%
New Listings (Sales)
17
−59.5%
Median Rent
$2,335
+1.2%
Median DOM (Rental)
20
0.0%
Total Rental Listings
69
+6.2%
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: Multi-Family (2 DOM)
- Fastest renting: Condo (1 DOM)
- Strongest bedroom: 5 Beds ($1,850,000 median)
Sales Market Overview
Median Price
$1,030,000
−1.9%
Median DOM
26
−10.3%
New Listings
17
−59.5%
Inventory
142
+7.6%
- Average Price: $1,151,974
- Median Price: $1,030,000
- Price Range: $59,995 – $4,360,000
- Price per Sq Ft (Avg/Median): $552 / $514
- Square Footage (Avg/Median): 2,237 / 1,920
- Square Footage Range: 500 – 11,840
- Days on Market (Avg/Median): 54 / 26
- Days on Market Range: 1 – 278
- New Listings: 17
- Total Listings: 142
Sales by Property Type
Condo
Avg/Median Price$488,650 / $475,000Range$260,000 – $1,250,000Price per Sq Ft$470 / $469Sq Ft1,043 / 1,015DOM43 / 24New4Total38
Land
Avg/Median Price$617,746 / $295,000Range$99,500 – $2,999,000Price per Sq Ft—Sq Ft—DOM123 / 92New1Total14
Manufactured
Avg/Median Price$137,249 / $94,000Range$59,995 – $235,000Price per Sq Ft$124 / $100Sq Ft1,100 / 1,056DOM89 / 25New0Total4
Multi-Family
Avg/Median Price$1,223,738 / $998,000Range$998,000 – $1,699,950Price per Sq Ft$591 / $554Sq Ft2,122 / 1,540DOM14 / 2New3Total4
Single Family
Avg/Median Price$1,782,992 / $1,625,900Range$650,000 – $4,360,000Price per Sq Ft$617 / $542Sq Ft3,217 / 3,150DOM46 / 17New7Total61
Townhouse
Avg/Median Price$1,055,082 / $1,030,000Range$575,000 – $1,599,999Price per Sq Ft$588 / $595Sq Ft1,787 / 1,869DOM60 / 35New2Total21
Sales by Bedroom Count
1 Beds
Avg:$357,366Median:$364,900Range:$59,995 – $675,000PSF:$507 / $559Sq Ft:680 / 653DOM:65 / 34New:1Total:9
2 Beds
Avg:$665,506Median:$480,000Range:$94,000 – $4,360,000PSF:$579 / $495Sq Ft:1,095 / 1,035DOM:55 / 26New:4Total:31
3 Beds
Avg:$977,691Median:$950,000Range:$160,000 – $1,695,000PSF:$533 / $500Sq Ft:1,845 / 1,720DOM:46 / 26New:3Total:34
4 Beds
Avg:$1,812,568Median:$1,650,000Range:$991,990 – $3,950,000PSF:$546 / $521Sq Ft:3,512 / 3,150DOM:37 / 13New:7Total:38
5 Beds
Avg:$1,861,917Median:$1,850,000Range:$1,149,000 – $2,650,000PSF:$592 / $637Sq Ft:3,184 / 3,414DOM:54 / 20New:0Total:14
6 Beds
Avg:$1,449,475Median:$1,199,000Range:$1,199,000 – $1,699,950PSF:$533 / $512Sq Ft:2,705 / 2,340DOM:26 / 5New:1Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $357,366 | $364,900 | $59,995 – $675,000 | $507 / $559 | 680 / 653 | 65 / 34 | 1 | 9 |
| 2 Beds | $665,506 | $480,000 | $94,000 – $4,360,000 | $579 / $495 | 1,095 / 1,035 | 55 / 26 | 4 | 31 |
| 3 Beds | $977,691 | $950,000 | $160,000 – $1,695,000 | $533 / $500 | 1,845 / 1,720 | 46 / 26 | 3 | 34 |
| 4 Beds | $1,812,568 | $1,650,000 | $991,990 – $3,950,000 | $546 / $521 | 3,512 / 3,150 | 37 / 13 | 7 | 38 |
| 5 Beds | $1,861,917 | $1,850,000 | $1,149,000 – $2,650,000 | $592 / $637 | 3,184 / 3,414 | 54 / 20 | 0 | 14 |
| 6 Beds | $1,449,475 | $1,199,000 | $1,199,000 – $1,699,950 | $533 / $512 | 2,705 / 2,340 | 26 / 5 | 1 | 2 |
Rental Market Overview
Median Rent
$2,335
+1.2%
Median DOM
20
0.0%
New Listings
11
Inventory
69
+6.2%
- Average Rent: $2,612
- Median Rent: $2,335
- Rent Range: $1,650 – $6,495
- Rent per Sq Ft (Avg/Median): $3 / $2
- Square Footage (Avg/Median): 1,094 / 932
- Square Footage Range: 261 – 5,432
- Days on Market (Avg/Median): 68 / 20
- Days on Market Range: 1 – 365
- New Listings: 11
- Total Listings: 69
Rentals by Property Type
Apartment
$2,195
Median DOM: 142
Inventory: 30
MoM: +1.2%
Condo
$2,150
Median DOM: 1
Inventory: 12
MoM: +1.2%
Single Family
$3,000
Median DOM: 4
Inventory: 18
MoM: +1.2%
Townhouse
$2,995
Median DOM: 27
Inventory: 7
MoM: +1.2%
Apartment
Avg/Median Rent$2,337 / $2,195Range$1,699 – $3,549Rent per Sq Ft$3 / $3Sq Ft905 / 899DOM160 / 142New0Total30
Condo
Avg/Median Rent$2,277 / $2,150Range$1,650 – $2,800Rent per Sq Ft$2 / $2Sq Ft956 / 879DOM23 / 1New3Total12
Multi-Family
Avg/Median Rent$2,050 / $1,900Range$1,900 – $2,200Rent per Sq Ft$2 / $2Sq Ft958 / 765DOM8 / 4New1Total2
Single Family
Avg/Median Rent$3,211 / $3,000Range$1,690 – $6,495Rent per Sq Ft$3 / $2Sq Ft1,456 / 1,093DOM20 / 4New6Total18
Townhouse
Avg/Median Rent$2,985 / $2,995Range$2,300 – $3,400Rent per Sq Ft$2 / $2Sq Ft1,300 / 1,250DOM37 / 27New1Total7
Rentals by Bedroom Count
Studio
Avg:$2,199Median:$2,199Range:$2,199 – $2,199PSF:$2 / $2Sq Ft:912 / 912DOM:183 / 183New:0Total:1
1 Beds
Avg:$2,038Median:$2,125Range:$1,650 – $2,395PSF:$3 / $3Sq Ft:742 / 715DOM:71 / 27New:0Total:19
2 Beds
Avg:$2,488Median:$2,395Range:$1,895 – $3,395PSF:$2 / $2Sq Ft:1,047 / 1,000DOM:83 / 20New:7Total:34
3 Beds
Avg:$3,309Median:$3,400Range:$2,330 – $4,200PSF:$2 / $2Sq Ft:1,386 / 1,200DOM:28 / 14New:2Total:9
4 Beds
Avg:$4,157Median:$3,795Range:$3,000 – $6,495PSF:$4 / $2Sq Ft:2,259 / 1,800DOM:18 / 15New:2Total:6
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $2,199 | $2,199 | $2,199 – $2,199 | $2 / $2 | 912 / 912 | 183 / 183 | 0 | 1 |
| 1 Beds | $2,038 | $2,125 | $1,650 – $2,395 | $3 / $3 | 742 / 715 | 71 / 27 | 0 | 19 |
| 2 Beds | $2,488 | $2,395 | $1,895 – $3,395 | $2 / $2 | 1,047 / 1,000 | 83 / 20 | 7 | 34 |
| 3 Beds | $3,309 | $3,400 | $2,330 – $4,200 | $2 / $2 | 1,386 / 1,200 | 28 / 14 | 2 | 9 |
| 4 Beds | $4,157 | $3,795 | $3,000 – $6,495 | $4 / $2 | 2,259 / 1,800 | 18 / 15 | 2 | 6 |
6-Month Sales Trend
Oct 2025
Median Price:$1,100,000Median DOM:44New:48Total:180
Nov 2025
Median Price:$1,099,995Median DOM:53New:12Total:148
Dec 2025
Median Price:$1,045,000Median DOM:71New:11Total:124
Jan 2026
Median Price:$1,000,000Median DOM:62New:40Total:127
Feb 2026
Median Price:$1,050,000Median DOM:29New:42Total:132
Mar 2026
Median Price:$1,030,000Median DOM:26New:17Total:142
6-Month Rental Trend
Oct 2025
Median Rent:$2,740Median DOM:8New:27Total:72
Nov 2025
Median Rent:$2,299Median DOM:10New:16Total:60
Dec 2025
Median Rent:$2,250Median DOM:16New:21Total:56
Jan 2026
Median Rent:$2,260Median DOM:14New:21Total:64
Feb 2026
Median Rent:$2,307Median DOM:20New:23Total:65
Mar 2026
Median Rent:$2,335Median DOM:20New:11Total:69
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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