ZIP 98034 Housing Market Report

Northwest Seattle

Report period: March 2026

98034 Monthly Market Update – March 2026

ZIP 98034 · Last updated Mar 11, 2026 · Data range Oct 2025 – Mar 2026

Executive Snapshot

Median Sale Price
$969,990
+4.3%
Median DOM (Sales)
27
−10.0%
New Listings (Sales)
31
−60.3%
Median Rent
$2,450
+0.6%
Median DOM (Rental)
1
0.0%
Total Rental Listings
136
+3.8%

Month-over-Month Movement

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

What's Moving Fastest

  • Fastest selling: Single Family (14 DOM)
  • Fastest renting: Apartment (1 DOM)
  • Strongest bedroom: 8 Beds ($1,999,950 median)

Sales Market Overview

Median Price
$969,990
+4.3%
Median DOM
27
−10.0%
New Listings
31
−60.3%
Inventory
245
+8.9%
  • Average Price: $1,100,434
  • Median Price: $969,990
  • Price Range: $269,850 – $10,000,000
  • Price per Sq Ft (Avg/Median): $593 / $569
  • Square Footage (Avg/Median): 1,788 / 1,482
  • Square Footage Range: 506 – 5,030
  • Days on Market (Avg/Median): 58 / 27
  • Days on Market Range: 1 – 325
  • New Listings: 31
  • Total Listings: 245

Sales by Property Type

Condo
Avg/Median Price$473,870 / $430,000Range$279,000 – $1,275,000Price per Sq Ft$495 / $451Sq Ft968 / 939DOM62 / 33New11Total91
Land
Avg/Median Price$750,200 / $310,000Range$269,850 – $3,500,000Price per Sq FtSq FtDOM135 / 64New1Total12
Multi-Family
Avg/Median Price$1,624,975 / $1,250,000Range$1,250,000 – $1,999,950Price per Sq Ft$598 / $595Sq Ft2,714 / 2,100DOM53 / 43New0Total2
Single Family
Avg/Median Price$1,728,955 / $1,375,000Range$854,995 – $10,000,000Price per Sq Ft$692 / $663Sq Ft2,502 / 2,150DOM47 / 14New15Total104
Townhouse
Avg/Median Price$956,125 / $935,000Range$450,000 – $1,349,999Price per Sq Ft$553 / $562Sq Ft1,724 / 1,600DOM58 / 36New4Total36

Sales by Bedroom Count

1 Beds
Avg:$402,815Median:$378,000Range:$279,000 – $639,950PSF:$565 / $487Sq Ft:747 / 711DOM:85 / 68New:4Total:23
2 Beds
Avg:$520,918Median:$460,000Range:$309,999 – $1,249,000PSF:$484 / $457Sq Ft:1,060 / 1,012DOM:64 / 33New:8Total:71
3 Beds
Avg:$1,062,343Median:$1,098,000Range:$368,000 – $2,595,000PSF:$654 / $612Sq Ft:1,626 / 1,510DOM:47 / 25New:5Total:46
4 Beds
Avg:$1,510,360Median:$1,300,000Range:$885,000 – $3,849,000PSF:$647 / $648Sq Ft:2,335 / 2,130DOM:36 / 14New:13Total:70
5 Beds
Avg:$2,725,842Median:$1,780,000Range:$1,280,000 – $10,000,000PSF:$693 / $640Sq Ft:3,733 / 3,740DOM:65 / 34New:0Total:19
6 Beds
Avg:$1,990,000Median:$1,995,000Range:$1,500,000 – $2,475,000PSF:$572 / $532Sq Ft:3,529 / 3,007DOM:64 / 33New:0Total:3
8 Beds
Avg:$1,999,950Median:$1,999,950Range:$1,999,950 – $1,999,950PSF:$601 / $601Sq Ft:3,328 / 3,328DOM:63 / 63New:0Total:1

Rental Market Overview

Median Rent
$2,450
+0.6%
Median DOM
1
0.0%
New Listings
38
Inventory
136
+3.8%
  • Average Rent: $2,790
  • Median Rent: $2,450
  • Rent Range: $799 – $7,500
  • Rent per Sq Ft (Avg/Median): $3 / $2
  • Square Footage (Avg/Median): 1,244 / 963
  • Square Footage Range: 375 – 3,729
  • Days on Market (Avg/Median): 29 / 1
  • Days on Market Range: 1 – 300
  • New Listings: 38
  • Total Listings: 136

Rentals by Property Type

Apartment
$1,997
Median DOM: 1
Inventory: 58
MoM: +0.6%
Condo
$2,200
Median DOM: 11
Inventory: 23
MoM: +0.6%
Single Family
$3,600
Median DOM: 1
Inventory: 52
MoM: +0.6%
Townhouse
$4,200
Median DOM: 6
Inventory: 3
MoM: +0.6%
Apartment
Avg/Median Rent$2,122 / $1,997Range$799 – $3,395Rent per Sq Ft$3 / $3Sq Ft776 / 730DOM43 / 1New11Total58
Condo
Avg/Median Rent$2,151 / $2,200Range$1,695 – $2,750Rent per Sq Ft$3 / $3Sq Ft861 / 867DOM25 / 11New8Total23
Single Family
Avg/Median Rent$3,757 / $3,600Range$1,250 – $7,500Rent per Sq Ft$2 / $2Sq Ft1,920 / 1,918DOM23 / 1New18Total52
Townhouse
Avg/Median Rent$3,830 / $4,200Range$3,000 – $4,290Rent per Sq Ft$2 / $2Sq Ft1,736 / 1,833DOM9 / 6New1Total3

Rentals by Bedroom Count

Studio
Avg:$1,684Median:$1,729Range:$999 – $1,946PSF:$4 / $3Sq Ft:473 / 451DOM:85 / 19New:2Total:15
1 Beds
Avg:$2,088Median:$1,997Range:$799 – $3,195PSF:$3 / $3Sq Ft:756 / 730DOM:25 / 1New:10Total:35
2 Beds
Avg:$2,352Median:$2,395Range:$1,695 – $3,395PSF:$2 / $2Sq Ft:1,029 / 968DOM:30 / 5New:11Total:40
3 Beds
Avg:$3,777Median:$3,520Range:$2,495 – $7,500PSF:$2 / $2Sq Ft:1,855 / 1,679DOM:15 / 2New:5Total:20
4 Beds
Avg:$4,241Median:$3,900Range:$3,200 – $6,000PSF:$2 / $2Sq Ft:2,061 / 2,100DOM:32 / 1New:8Total:23
5 Beds
Avg:$4,300Median:$3,600Range:$3,600 – $5,000PSF:$1 / $1Sq Ft:2,905 / 2,300DOM:2 / 1New:1Total:2
6 Beds
Avg:$5,300Median:$5,300Range:$5,300 – $5,300PSF:$1 / $1Sq Ft:3,729 / 3,729DOM:1 / 1New:1Total:1

6-Month Sales Trend

Oct 2025
Median Price:$998,000Median DOM:49New:66Total:299
Nov 2025
Median Price:$950,000Median DOM:56New:42Total:259
Dec 2025
Median Price:$924,990Median DOM:67New:27Total:186
Jan 2026
Median Price:$924,990Median DOM:45New:65Total:188
Feb 2026
Median Price:$929,950Median DOM:30New:78Total:225
Mar 2026
Median Price:$969,990Median DOM:27New:31Total:245

6-Month Rental Trend

Oct 2025
Median Rent:$2,600Median DOM:1New:86Total:171
Nov 2025
Median Rent:$2,595Median DOM:1New:74Total:170
Dec 2025
Median Rent:$2,495Median DOM:1New:50Total:144
Jan 2026
Median Rent:$2,450Median DOM:1New:49Total:128
Feb 2026
Median Rent:$2,435Median DOM:1New:52Total:131
Mar 2026
Median Rent:$2,450Median DOM:1New:38Total:136

Key Market Takeaways

Median sale prices moved higher 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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