ZIP 98033 Housing Market Report

Northwest Seattle

Report period: March 2026

98033 Monthly Market Update – March 2026

ZIP 98033 · Last updated Mar 11, 2026 · Data range Oct 2025 – Mar 2026

Executive Snapshot

Median Sale Price
$1,699,999
+3.0%
Median DOM (Sales)
27
−18.2%
New Listings (Sales)
53
−47.0%
Median Rent
$2,795
0.0%
Median DOM (Rental)
8
+14.3%
Total Rental Listings
127
+2.4%

Month-over-Month Movement

Median sale prices moved higher. Days on market improved. Rents were stable. Rental inventory expanded.

What's Moving Fastest

  • Fastest selling: Single Family (25 DOM)
  • Fastest renting: Single Family (1 DOM)
  • Strongest bedroom: 8 Beds ($3,500,000 median)

Sales Market Overview

Median Price
$1,699,999
+3.0%
Median DOM
27
−18.2%
New Listings
53
−47.0%
Inventory
350
+10.4%
  • Average Price: $2,021,869
  • Median Price: $1,699,999
  • Price Range: $150,000 – $7,820,000
  • Price per Sq Ft (Avg/Median): $825 / $789
  • Square Footage (Avg/Median): 2,427 / 2,079
  • Square Footage Range: 561 – 7,680
  • Days on Market (Avg/Median): 53 / 27
  • Days on Market Range: 2 – 353
  • New Listings: 53
  • Total Listings: 350

Sales by Property Type

Condo
Avg/Median Price$1,281,340 / $974,599Range$275,000 – $5,400,000Price per Sq Ft$841 / $800Sq Ft1,428 / 1,280DOM59 / 35New5Total75
Land
Avg/Median Price$2,427,100 / $1,795,000Range$150,000 – $5,200,000Price per Sq FtSq FtDOM98 / 63New1Total14
Multi-Family
Avg/Median Price$3,083,300 / $2,999,900Range$2,750,000 – $3,500,000Price per Sq Ft$1,062 / $1,013Sq Ft2,944 / 2,976DOM70 / 65New0Total3
Single Family
Avg/Median Price$2,428,095 / $2,125,000Range$699,950 – $7,820,000Price per Sq Ft$854 / $825Sq Ft2,891 / 2,870DOM48 / 25New37Total200
Townhouse
Avg/Median Price$1,425,954 / $1,295,000Range$649,999 – $3,324,950Price per Sq Ft$693 / $682Sq Ft2,095 / 1,904DOM51 / 33New10Total58

Sales by Bedroom Count

Studio
Avg:$1,700,000Median:$1,700,000Range:$1,700,000 – $1,700,000PSF:$909 / $909Sq Ft:1,870 / 1,870DOM:333 / 333New:0Total:1
1 Beds
Avg:$849,606Median:$595,000Range:$275,000 – $6,750,000PSF:$862 / $767Sq Ft:838 / 736DOM:57 / 38New:0Total:23
2 Beds
Avg:$1,202,263Median:$992,700Range:$368,000 – $5,400,000PSF:$843 / $758Sq Ft:1,368 / 1,306DOM:64 / 35New:8Total:63
3 Beds
Avg:$1,721,951Median:$1,529,950Range:$890,000 – $7,500,000PSF:$865 / $844Sq Ft:2,004 / 1,809DOM:47 / 22New:14Total:90
4 Beds
Avg:$2,128,573Median:$1,965,000Range:$699,950 – $6,290,000PSF:$768 / $768Sq Ft:2,767 / 2,680DOM:42 / 24New:14Total:80
5 Beds
Avg:$3,102,034Median:$2,950,000Range:$1,850,000 – $6,650,000PSF:$802 / $790Sq Ft:3,849 / 3,671DOM:48 / 26New:11Total:62
6 Beds
Avg:$3,475,236Median:$2,599,995Range:$1,350,000 – $7,820,000PSF:$838 / $708Sq Ft:4,027 / 3,442DOM:44 / 21New:5Total:16
8 Beds
Avg:$3,500,000Median:$3,500,000Range:$3,500,000 – $3,500,000PSF:$1,013 / $1,013Sq Ft:3,456 / 3,456DOM:139 / 139New:0Total:1

Rental Market Overview

Median Rent
$2,795
0.0%
Median DOM
8
+14.3%
New Listings
23
Inventory
127
+2.4%
  • Average Rent: $3,413
  • Median Rent: $2,795
  • Rent Range: $839 – $9,000
  • Rent per Sq Ft (Avg/Median): $3 / $3
  • Square Footage (Avg/Median): 1,360 / 950
  • Square Footage Range: 410 – 5,060
  • Days on Market (Avg/Median): 48 / 8
  • Days on Market Range: 1 – 356
  • New Listings: 23
  • Total Listings: 127

Rentals by Property Type

Apartment
$2,295
Median DOM: 28
Inventory: 57
MoM: 0.0%
Condo
$2,695
Median DOM: 8
Inventory: 21
MoM: 0.0%
Single Family
$4,490
Median DOM: 1
Inventory: 42
MoM: 0.0%
Townhouse
$7,000
Median DOM: 3
Inventory: 5
MoM: 0.0%
Apartment
Avg/Median Rent$2,423 / $2,295Range$839 – $7,080Rent per Sq Ft$3 / $3Sq Ft758 / 705DOM83 / 28New3Total57
Condo
Avg/Median Rent$2,664 / $2,695Range$900 – $4,695Rent per Sq Ft$3 / $3Sq Ft947 / 906DOM41 / 8New9Total21
Multi-Family
Avg/Median Rent$2,825 / $2,150Range$2,150 – $3,500Rent per Sq Ft$3 / $3Sq Ft890 / 820DOM118 / 104New0Total2
Single Family
Avg/Median Rent$4,802 / $4,490Range$1,800 – $9,000Rent per Sq Ft$2 / $2Sq Ft2,214 / 2,130DOM18 / 1New10Total42
Townhouse
Avg/Median Rent$6,428 / $7,000Range$3,795 – $7,750Rent per Sq Ft$2 / $2Sq Ft2,692 / 2,675DOM40 / 3New1Total5

Rentals by Bedroom Count

Studio
Avg:$1,796Median:$1,685Range:$1,050 – $2,795PSF:$4 / $4Sq Ft:537 / 530DOM:91 / 28New:0Total:12
1 Beds
Avg:$2,295Median:$2,295Range:$839 – $3,495PSF:$4 / $3Sq Ft:675 / 676DOM:66 / 1New:7Total:39
2 Beds
Avg:$2,960Median:$2,595Range:$900 – $7,080PSF:$3 / $3Sq Ft:1,059 / 1,000DOM:57 / 21New:8Total:35
3 Beds
Avg:$3,963Median:$3,595Range:$2,850 – $7,000PSF:$2 / $3Sq Ft:1,684 / 1,460DOM:6 / 1New:3Total:13
4 Beds
Avg:$5,948Median:$6,400Range:$3,400 – $9,000PSF:$2 / $2Sq Ft:2,627 / 2,465DOM:31 / 8New:3Total:19
5 Beds
Avg:$5,986Median:$5,500Range:$3,700 – $7,950PSF:$2 / $2Sq Ft:3,241 / 3,337DOM:36 / 1New:2Total:7
6 Beds
Avg:$5,200Median:$5,200Range:$5,200 – $5,200PSF:$2 / $2Sq Ft:2,160 / 2,160DOM:1 / 1New:0Total:1
7 Beds
Avg:$7,200Median:$7,200Range:$7,200 – $7,200PSF:$3 / $3Sq Ft:2,740 / 2,740DOM:1 / 1New:0Total:1

6-Month Sales Trend

Oct 2025
Median Price:$1,700,000Median DOM:38New:106Total:388
Nov 2025
Median Price:$1,699,950Median DOM:44New:62Total:354
Dec 2025
Median Price:$1,695,000Median DOM:55New:48Total:306
Jan 2026
Median Price:$1,699,000Median DOM:39New:109Total:292
Feb 2026
Median Price:$1,650,000Median DOM:33New:100Total:317
Mar 2026
Median Price:$1,699,999Median DOM:27New:53Total:350

6-Month Rental Trend

Oct 2025
Median Rent:$2,995Median DOM:11New:66Total:161
Nov 2025
Median Rent:$3,100Median DOM:11New:60Total:158
Dec 2025
Median Rent:$3,194Median DOM:13New:51Total:143
Jan 2026
Median Rent:$2,900Median DOM:11New:54Total:134
Feb 2026
Median Rent:$2,795Median DOM:7New:34Total:124
Mar 2026
Median Rent:$2,795Median DOM:8New:23Total:127

Key Market Takeaways

Median sale prices moved higher this month while inventory expanded. Days on market declined, signaling improving buyer activity. Rental pricing remained stable, 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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