ZIP 98029 Housing Market Report

Northwest Seattle

Report period: March 2026

98029 Monthly Market Update – March 2026

ZIP 98029 · Last updated Mar 11, 2026 · Data range Oct 2025 – Mar 2026

Executive Snapshot

Median Sale Price
$850,000
+6.3%
Median DOM (Sales)
21
+16.7%
New Listings (Sales)
11
−79.6%
Median Rent
$2,700
+2.4%
Median DOM (Rental)
29
−17.1%
Total Rental Listings
102
+4.1%

Month-over-Month Movement

Median sale prices moved higher. Days on market lengthened. Rents moved higher. Rental inventory expanded.

What's Moving Fastest

  • Fastest selling: Single Family (13 DOM)
  • Fastest renting: Townhouse (1 DOM)
  • Strongest bedroom: 5 Beds ($1,925,000 median)

Sales Market Overview

Median Price
$850,000
+6.3%
Median DOM
21
+16.7%
New Listings
11
−79.6%
Inventory
141
+10.2%
  • Average Price: $1,067,139
  • Median Price: $850,000
  • Price Range: $334,000 – $5,999,000
  • Price per Sq Ft (Avg/Median): $545 / $547
  • Square Footage (Avg/Median): 1,842 / 1,515
  • Square Footage Range: 682 – 9,590
  • Days on Market (Avg/Median): 50 / 21
  • Days on Market Range: 2 – 328
  • New Listings: 11
  • Total Listings: 141

Sales by Property Type

Condo
Avg/Median Price$554,036 / $474,999Range$334,000 – $3,998,000Price per Sq Ft$472 / $430Sq Ft1,135 / 1,042DOM53 / 27New3Total59
Land
Avg/Median Price$1,325,665 / $1,299,000Range$1,199,995 – $1,478,000Price per Sq FtSq FtDOM164 / 153New0Total3
Single Family
Avg/Median Price$1,755,136 / $1,550,000Range$949,000 – $5,999,000Price per Sq Ft$631 / $620Sq Ft2,790 / 2,499DOM32 / 13New7Total49
Townhouse
Avg/Median Price$926,662 / $874,950Range$634,000 – $1,398,000Price per Sq Ft$550 / $547Sq Ft1,683 / 1,519DOM62 / 29New1Total30

Sales by Bedroom Count

1 Beds
Avg:$440,993Median:$374,000Range:$334,000 – $799,950PSF:$509 / $441Sq Ft:871 / 848DOM:57 / 38New:0Total:14
2 Beds
Avg:$527,270Median:$485,000Range:$351,149 – $859,900PSF:$450 / $430Sq Ft:1,182 / 1,140DOM:58 / 28New:2Total:45
3 Beds
Avg:$1,124,038Median:$959,950Range:$449,950 – $3,998,000PSF:$612 / $613Sq Ft:1,781 / 1,690DOM:33 / 14New:3Total:35
4 Beds
Avg:$1,485,380Median:$1,450,000Range:$681,500 – $2,750,000PSF:$594 / $603Sq Ft:2,474 / 2,340DOM:48 / 20New:5Total:35
5 Beds
Avg:$2,806,544Median:$1,925,000Range:$1,600,000 – $5,999,000PSF:$631 / $626Sq Ft:4,426 / 3,890DOM:37 / 24New:1Total:9

Rental Market Overview

Median Rent
$2,700
+2.4%
Median DOM
29
−17.1%
New Listings
14
Inventory
102
+4.1%
  • Average Rent: $3,086
  • Median Rent: $2,700
  • Rent Range: $1,359 – $6,650
  • Rent per Sq Ft (Avg/Median): $3 / $3
  • Square Footage (Avg/Median): 1,311 / 1,029
  • Square Footage Range: 552 – 4,333
  • Days on Market (Avg/Median): 42 / 29
  • Days on Market Range: 1 – 145
  • New Listings: 14
  • Total Listings: 102

Rentals by Property Type

Apartment
$2,613
Median DOM: 62
Inventory: 63
MoM: +2.4%
Condo
$2,700
Median DOM: 13
Inventory: 10
MoM: +2.4%
Single Family
$3,985
Median DOM: 4
Inventory: 23
MoM: +2.4%
Townhouse
$3,495
Median DOM: 1
Inventory: 6
MoM: +2.4%
Apartment
Avg/Median Rent$2,684 / $2,613Range$1,359 – $4,409Rent per Sq Ft$3 / $3Sq Ft992 / 881DOM55 / 62New4Total63
Condo
Avg/Median Rent$2,915 / $2,700Range$1,995 – $4,500Rent per Sq Ft$3 / $3Sq Ft1,126 / 1,020DOM39 / 13New3Total10
Single Family
Avg/Median Rent$4,112 / $3,985Range$2,495 – $6,650Rent per Sq Ft$2 / $2Sq Ft2,194 / 2,010DOM16 / 4New5Total23
Townhouse
Avg/Median Rent$3,669 / $3,495Range$2,450 – $4,880Rent per Sq Ft$2 / $2Sq Ft1,591 / 1,374DOM6 / 1New2Total6

Rentals by Bedroom Count

1 Beds
Avg:$2,183Median:$2,152Range:$1,993 – $2,472PSF:$3 / $3Sq Ft:722 / 729DOM:48 / 34New:1Total:15
2 Beds
Avg:$2,739Median:$2,633Range:$2,095 – $4,500PSF:$3 / $3Sq Ft:1,021 / 1,006DOM:46 / 28New:7Total:44
3 Beds
Avg:$3,354Median:$3,150Range:$2,509 – $4,409PSF:$3 / $3Sq Ft:1,345 / 1,150DOM:49 / 41New:3Total:29
4 Beds
Avg:$4,678Median:$4,250Range:$3,795 – $6,500PSF:$2 / $2Sq Ft:2,612 / 2,330DOM:6 / 1New:3Total:11
5 Beds
Avg:$4,004Median:$1,359Range:$1,359 – $6,650PSF:$1 / $1Sq Ft:2,994 / 1,654DOM:26 / 1New:0Total:2
6 Beds
Avg:$4,795Median:$4,795Range:$4,795 – $4,795PSF:$1 / $1Sq Ft:4,300 / 4,300DOM:1 / 1New:0Total:1

6-Month Sales Trend

Oct 2025
Median Price:$925,000Median DOM:44New:32Total:141
Nov 2025
Median Price:$869,950Median DOM:52New:19Total:127
Dec 2025
Median Price:$768,888Median DOM:59New:12Total:97
Jan 2026
Median Price:$745,000Median DOM:45New:38Total:95
Feb 2026
Median Price:$799,950Median DOM:18New:54Total:128
Mar 2026
Median Price:$850,000Median DOM:21New:11Total:141

6-Month Rental Trend

Oct 2025
Median Rent:$2,917Median DOM:23New:32Total:83
Nov 2025
Median Rent:$2,800Median DOM:30New:36Total:93
Dec 2025
Median Rent:$2,700Median DOM:41New:29Total:96
Jan 2026
Median Rent:$2,657Median DOM:41New:31Total:103
Feb 2026
Median Rent:$2,637Median DOM:35New:24Total:98
Mar 2026
Median Rent:$2,700Median DOM:29New:14Total:102

Key Market Takeaways

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