ZIP 98028 Housing Market Report

Northwest Seattle

Report period: March 2026

98028 Monthly Market Update – March 2026

ZIP 98028 · Last updated Mar 11, 2026 · Data range Oct 2025 – Mar 2026

Executive Snapshot

Median Sale Price
$825,000
+2.4%
Median DOM (Sales)
29
−19.4%
New Listings (Sales)
16
−51.5%
Median Rent
$2,500
−7.4%
Median DOM (Rental)
4
0.0%
Total Rental Listings
41
−2.4%

Month-over-Month Movement

Median sale prices moved higher. Days on market improved. Rents softened. Rental inventory tightened.

What's Moving Fastest

  • Fastest selling: Single Family (13 DOM)
  • Fastest renting: Townhouse (1 DOM)
  • Strongest bedroom: 6 Beds ($1,824,990 median)

Sales Market Overview

Median Price
$825,000
+2.4%
Median DOM
29
−19.4%
New Listings
16
−51.5%
Inventory
139
+12.1%
  • Average Price: $970,004
  • Median Price: $825,000
  • Price Range: $53,000 – $3,845,000
  • Price per Sq Ft (Avg/Median): $490 / $497
  • Square Footage (Avg/Median): 1,952 / 1,600
  • Square Footage Range: 603 – 4,960
  • Days on Market (Avg/Median): 69 / 29
  • Days on Market Range: 2 – 342
  • New Listings: 16
  • Total Listings: 139

Sales by Property Type

Condo
Avg/Median Price$589,340 / $598,000Range$300,000 – $899,500Price per Sq Ft$489 / $488Sq Ft1,201 / 1,256DOM66 / 27New4Total42
Land
Avg/Median Price$1,125,876 / $475,000Range$179,885 – $3,400,000Price per Sq FtSq FtDOM162 / 114New0Total9
Manufactured
Avg/Median Price$149,667 / $150,000Range$53,000 – $280,000Price per Sq Ft$140 / $150Sq Ft1,064 / 1,000DOM164 / 125New0Total9
Multi-Family
Avg/Median Price$1,599,950 / $1,599,950Range$1,599,950 – $1,599,950Price per Sq Ft$421 / $421Sq Ft3,800 / 3,800DOM14 / 14New0Total1
Single Family
Avg/Median Price$1,349,455 / $1,250,000Range$625,000 – $3,845,000Price per Sq Ft$547 / $525Sq Ft2,609 / 2,472DOM53 / 13New12Total64
Townhouse
Avg/Median Price$759,525 / $769,500Range$442,000 – $1,150,000Price per Sq Ft$463 / $461Sq Ft1,641 / 1,664DOM42 / 24New0Total14

Sales by Bedroom Count

1 Beds
Avg:$444,069Median:$449,990Range:$300,000 – $512,601PSF:$480 / $471Sq Ft:929 / 955DOM:76 / 37New:1Total:8
2 Beds
Avg:$538,194Median:$599,990Range:$53,000 – $899,500PSF:$440 / $467Sq Ft:1,194 / 1,256DOM:74 / 27New:5Total:45
3 Beds
Avg:$906,313Median:$899,000Range:$250,000 – $1,600,000PSF:$560 / $536Sq Ft:1,667 / 1,610DOM:63 / 24New:2Total:26
4 Beds
Avg:$1,246,958Median:$1,199,000Range:$598,000 – $3,845,000PSF:$506 / $465Sq Ft:2,532 / 2,316DOM:43 / 21New:4Total:28
5 Beds
Avg:$1,662,561Median:$1,649,950Range:$1,044,000 – $2,159,950PSF:$496 / $497Sq Ft:3,368 / 3,460DOM:56 / 13New:4Total:17
6 Beds
Avg:$1,716,796Median:$1,824,990Range:$1,199,990 – $2,249,000PSF:$491 / $480Sq Ft:3,469 / 3,530DOM:84 / 74New:0Total:5
7 Beds
Avg:$1,599,950Median:$1,599,950Range:$1,599,950 – $1,599,950PSF:$421 / $421Sq Ft:3,800 / 3,800DOM:14 / 14New:0Total:1

Rental Market Overview

Median Rent
$2,500
−7.4%
Median DOM
4
0.0%
New Listings
4
Inventory
41
−2.4%
  • Average Rent: $2,890
  • Median Rent: $2,500
  • Rent Range: $1,575 – $8,950
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 1,345 / 1,004
  • Square Footage Range: 600 – 4,200
  • Days on Market (Avg/Median): 54 / 4
  • Days on Market Range: 1 – 344
  • New Listings: 4
  • Total Listings: 41

Rentals by Property Type

Apartment
$1,999
Median DOM: 88
Inventory: 17
MoM: −7.4%
Condo
$2,975
Median DOM: 30
Inventory: 7
MoM: −7.4%
Single Family
$3,750
Median DOM: 4
Inventory: 9
MoM: −7.4%
Townhouse
$3,599
Median DOM: 1
Inventory: 8
MoM: −7.4%
Apartment
Avg/Median Rent$1,978 / $1,999Range$1,575 – $2,500Rent per Sq Ft$2 / $3Sq Ft804 / 790DOM113 / 88New0Total17
Condo
Avg/Median Rent$2,843 / $2,975Range$1,650 – $4,950Rent per Sq Ft$2 / $2Sq Ft1,271 / 1,280DOM49 / 30New0Total7
Single Family
Avg/Median Rent$4,043 / $3,750Range$1,750 – $8,950Rent per Sq Ft$2 / $2Sq Ft2,291 / 1,800DOM38 / 4New2Total9
Townhouse
Avg/Median Rent$3,569 / $3,599Range$3,125 – $4,000Rent per Sq Ft$2 / $2Sq Ft1,615 / 1,788DOM4 / 1New2Total8

Rentals by Bedroom Count

1 Beds
Avg:$1,767Median:$1,725Range:$1,575 – $2,033PSF:$3 / $3Sq Ft:692 / 696DOM:125 / 1New:1Total:11
2 Beds
Avg:$2,467Median:$2,269Range:$1,900 – $3,431PSF:$2 / $2Sq Ft:1,042 / 1,000DOM:58 / 9New:0Total:15
3 Beds
Avg:$3,590Median:$3,250Range:$2,700 – $4,950PSF:$2 / $2Sq Ft:1,624 / 1,788DOM:37 / 30New:0Total:5
4 Beds
Avg:$3,924Median:$3,750Range:$3,495 – $4,900PSF:$2 / $2Sq Ft:2,407 / 1,806DOM:16 / 1New:3Total:8
5 Beds
Avg:$3,750Median:$3,750Range:$3,750 – $3,750PSF:$1 / $1Sq Ft:3,200 / 3,200DOM:35 / 35New:0Total:1
6 Beds
Avg:$8,950Median:$8,950Range:$8,950 – $8,950PSF:Sq Ft:DOM:126 / 126New:0Total:1

6-Month Sales Trend

Oct 2025
Median Price:$899,980Median DOM:49New:32Total:154
Nov 2025
Median Price:$868,000Median DOM:58New:24Total:140
Dec 2025
Median Price:$829,999Median DOM:71New:17Total:121
Jan 2026
Median Price:$819,950Median DOM:48New:32Total:113
Feb 2026
Median Price:$805,630Median DOM:36New:33Total:124
Mar 2026
Median Price:$825,000Median DOM:29New:16Total:139

6-Month Rental Trend

Oct 2025
Median Rent:$2,995Median DOM:1New:28Total:56
Nov 2025
Median Rent:$3,000Median DOM:1New:26Total:59
Dec 2025
Median Rent:$2,636Median DOM:1New:20Total:52
Jan 2026
Median Rent:$2,900Median DOM:1New:20Total:43
Feb 2026
Median Rent:$2,700Median DOM:4New:6Total:42
Mar 2026
Median Rent:$2,500Median DOM:4New:4Total:41

Key Market Takeaways

Median sale prices moved higher this month while inventory expanded. Days on market declined, signaling improving 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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