ZIP 98032 Housing Market Report

Northwest Seattle

Report period: March 2026

98032 Monthly Market Update – March 2026

ZIP 98032 · Last updated Mar 11, 2026 · Data range Oct 2025 – Mar 2026

Executive Snapshot

Median Sale Price
$499,000
0.0%
Median DOM (Sales)
38
−11.6%
New Listings (Sales)
10
−63.0%
Median Rent
$1,781
+3.2%
Median DOM (Rental)
26
0.0%
Total Rental Listings
73
0.0%

Month-over-Month Movement

Median sale prices were flat. Days on market improved. Rents moved higher.

What's Moving Fastest

  • Fastest selling: Condo (21 DOM)
  • Fastest renting: Townhouse (1 DOM)
  • Strongest bedroom: 8 Beds ($950,000 median)

Sales Market Overview

Median Price
$499,000
0.0%
Median DOM
38
−11.6%
New Listings
10
−63.0%
Inventory
101
+11.0%
  • Average Price: $538,049
  • Median Price: $499,000
  • Price Range: $40,000 – $1,499,000
  • Price per Sq Ft (Avg/Median): $344 / $350
  • Square Footage (Avg/Median): 1,589 / 1,439
  • Square Footage Range: 557 – 3,900
  • Days on Market (Avg/Median): 80 / 38
  • Days on Market Range: 2 – 335
  • New Listings: 10
  • Total Listings: 101

Sales by Property Type

Condo
Avg/Median Price$419,938 / $389,950Range$220,000 – $745,000Price per Sq Ft$374 / $378Sq Ft1,138 / 995DOM47 / 21New1Total30
Land
Avg/Median Price$295,000 / $89,999Range$40,000 – $600,000Price per Sq FtSq FtDOM123 / 75New1Total4
Manufactured
Avg/Median Price$95,000 / $85,000Range$80,000 – $120,000Price per Sq Ft$112 / $94Sq Ft863 / 900DOM62 / 54New0Total4
Multi-Family
Avg/Median Price$937,250 / $949,000Range$900,000 – $950,000Price per Sq Ft$343 / $278Sq Ft2,812 / 2,209DOM96 / 56New0Total4
Single Family
Avg/Median Price$732,005 / $747,950Range$289,950 – $1,499,000Price per Sq Ft$354 / $339Sq Ft2,138 / 2,120DOM98 / 49New5Total33
Townhouse
Avg/Median Price$472,295 / $435,500Range$308,000 – $685,000Price per Sq Ft$331 / $335Sq Ft1,430 / 1,410DOM92 / 50New3Total26

Sales by Bedroom Count

1 Beds
Avg:$284,480Median:$289,950Range:$220,000 – $339,950PSF:$418 / $424Sq Ft:689 / 714DOM:69 / 28New:0Total:5
2 Beds
Avg:$361,829Median:$379,000Range:$80,000 – $549,900PSF:$331 / $357Sq Ft:1,087 / 1,016DOM:54 / 26New:3Total:35
3 Beds
Avg:$525,429Median:$525,000Range:$299,950 – $843,950PSF:$337 / $339Sq Ft:1,585 / 1,564DOM:82 / 37New:4Total:26
4 Beds
Avg:$776,449Median:$745,000Range:$598,950 – $1,499,000PSF:$363 / $355Sq Ft:2,190 / 2,033DOM:105 / 54New:2Total:22
5 Beds
Avg:$914,091Median:$835,900Range:$831,900 – $1,299,950PSF:$331 / $323Sq Ft:2,775 / 2,603DOM:130 / 47New:0Total:6
7 Beds
Avg:$949,000Median:$949,000Range:$949,000 – $949,000PSF:$278 / $278Sq Ft:3,416 / 3,416DOM:112 / 112New:0Total:1
8 Beds
Avg:$950,000Median:$950,000Range:$950,000 – $950,000PSF:Sq Ft:DOM:56 / 56New:0Total:2

Rental Market Overview

Median Rent
$1,781
+3.2%
Median DOM
26
0.0%
New Listings
6
Inventory
73
0.0%
  • Average Rent: $2,000
  • Median Rent: $1,781
  • Rent Range: $700 – $4,000
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 967 / 757
  • Square Footage Range: 300 – 3,500
  • Days on Market (Avg/Median): 65 / 26
  • Days on Market Range: 1 – 355
  • New Listings: 6
  • Total Listings: 73

Rentals by Property Type

Apartment
$1,595
Median DOM: 127
Inventory: 42
MoM: +3.2%
Condo
$1,800
Median DOM: 21
Inventory: 6
MoM: +3.2%
Single Family
$2,800
Median DOM: 17
Inventory: 20
MoM: +3.2%
Townhouse
$1,710
Median DOM: 1
Inventory: 4
MoM: +3.2%
Apartment
Avg/Median Rent$1,614 / $1,595Range$999 – $3,295Rent per Sq Ft$3 / $2Sq Ft676 / 636DOM136 / 127New2Total42
Condo
Avg/Median Rent$2,082 / $1,800Range$1,500 – $3,500Rent per Sq Ft$2 / $2Sq Ft942 / 728DOM24 / 21New0Total6
Multi-Family
Avg/Median Rent$2,950 / $2,950Range$2,950 – $2,950Rent per Sq Ft$2 / $2Sq Ft1,265 / 1,265DOM67 / 67New0Total1
Single Family
Avg/Median Rent$2,757 / $2,800Range$700 – $4,000Rent per Sq Ft$2 / $2Sq Ft1,629 / 1,200DOM23 / 17New4Total20
Townhouse
Avg/Median Rent$1,902 / $1,710Range$950 – $2,700Rent per Sq Ft$2 / $2Sq Ft1,274 / 1,153DOM12 / 1New0Total4

Rentals by Bedroom Count

Studio
Avg:$1,657Median:$1,595Range:$1,285 – $2,500PSF:$3 / $3Sq Ft:545 / 452DOM:117 / 33New:0Total:12
1 Beds
Avg:$1,435Median:$1,491Range:$700 – $2,300PSF:$2 / $2Sq Ft:632 / 636DOM:98 / 60New:1Total:29
2 Beds
Avg:$1,933Median:$1,850Range:$1,490 – $2,700PSF:$2 / $2Sq Ft:1,021 / 950DOM:32 / 7New:2Total:13
3 Beds
Avg:$2,916Median:$2,950Range:$2,095 – $3,500PSF:$2 / $2Sq Ft:1,407 / 1,200DOM:46 / 19New:2Total:13
4 Beds
Avg:$3,512Median:$3,350Range:$3,200 – $4,000PSF:$1 / $2Sq Ft:2,531 / 2,113DOM:19 / 20New:1Total:4
5 Beds
Avg:$3,400Median:$3,400Range:$3,400 – $3,400PSF:$2 / $2Sq Ft:1,540 / 1,540DOM:17 / 17New:0Total:1
6 Beds
Avg:$3,995Median:$3,995Range:$3,995 – $3,995PSF:$2 / $2Sq Ft:2,430 / 2,430DOM:1 / 1New:0Total:1

6-Month Sales Trend

Oct 2025
Median Price:$556,000Median DOM:54New:22Total:116
Nov 2025
Median Price:$595,000Median DOM:66New:15Total:106
Dec 2025
Median Price:$499,000Median DOM:80New:11Total:87
Jan 2026
Median Price:$525,000Median DOM:78New:18Total:80
Feb 2026
Median Price:$499,000Median DOM:43New:27Total:91
Mar 2026
Median Price:$499,000Median DOM:38New:10Total:101

6-Month Rental Trend

Oct 2025
Median Rent:$1,613Median DOM:60New:14Total:63
Nov 2025
Median Rent:$1,600Median DOM:34New:13Total:64
Dec 2025
Median Rent:$1,710Median DOM:57New:13Total:67
Jan 2026
Median Rent:$1,850Median DOM:27New:20Total:74
Feb 2026
Median Rent:$1,725Median DOM:26New:15Total:73
Mar 2026
Median Rent:$1,781Median DOM:26New:6Total:73

Key Market Takeaways

Median sale prices held steady 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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