ZIP 98037 Housing Market Report
Northwest Seattle
Report period: March 2026
98037 Monthly Market Update – March 2026
ZIP 98037 · Last updated Mar 12, 2026 · Data range Oct 2025 – Mar 2026
Executive Snapshot
Median Sale Price
$748,000
0.0%
Median DOM (Sales)
33
+10.0%
New Listings (Sales)
7
−75.9%
Median Rent
$1,895
0.0%
Median DOM (Rental)
8
−11.1%
Total Rental Listings
64
+4.9%
Month-over-Month Movement
Median sale prices were flat. Days on market lengthened. Rents were stable. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Single Family (25 DOM)
- Fastest renting: Condo (1 DOM)
- Strongest bedroom: 5 Beds ($1,269,900 median)
Sales Market Overview
Median Price
$748,000
0.0%
Median DOM
33
+10.0%
New Listings
7
−75.9%
Inventory
101
+6.3%
- Average Price: $722,769
- Median Price: $748,000
- Price Range: $24,990 – $2,500,000
- Price per Sq Ft (Avg/Median): $407 / $409
- Square Footage (Avg/Median): 1,828 / 1,790
- Square Footage Range: 590 – 4,798
- Days on Market (Avg/Median): 54 / 33
- Days on Market Range: 2 – 279
- New Listings: 7
- Total Listings: 101
Sales by Property Type
Condo
Avg/Median Price$283,954 / $260,000Range$199,950 – $385,000Price per Sq Ft$335 / $326Sq Ft848 / 796DOM45 / 28New1Total14
Land
Avg/Median Price$384,710 / $249,850Range$24,990 – $750,000Price per Sq Ft—Sq Ft—DOM109 / 124New0Total8
Manufactured
Avg/Median Price$116,573 / $110,000Range$87,500 – $165,000Price per Sq Ft$117 / $109Sq Ft1,005 / 970DOM97 / 63New2Total11
Single Family
Avg/Median Price$1,027,009 / $925,000Range$550,000 – $2,500,000Price per Sq Ft$492 / $448Sq Ft2,287 / 2,140DOM44 / 25New3Total49
Townhouse
Avg/Median Price$754,784 / $748,000Range$600,000 – $1,000,000Price per Sq Ft$410 / $409Sq Ft1,842 / 1,802DOM45 / 36New1Total19
Sales by Bedroom Count
1 Beds
Avg:$217,483Median:$220,000Range:$199,950 – $232,500PSF:$336 / $339Sq Ft:647 / 675DOM:26 / 27New:0Total:3
2 Beds
Avg:$281,299Median:$235,000Range:$87,500 – $770,000PSF:$256 / $301Sq Ft:1,055 / 963DOM:72 / 51New:3Total:24
3 Beds
Avg:$810,983Median:$750,000Range:$325,000 – $2,500,000PSF:$524 / $451Sq Ft:1,689 / 1,754DOM:42 / 20New:0Total:27
4 Beds
Avg:$990,902Median:$889,950Range:$660,000 – $1,999,000PSF:$435 / $427Sq Ft:2,311 / 2,140DOM:43 / 27New:4Total:30
5 Beds
Avg:$1,210,527Median:$1,269,900Range:$699,950 – $1,595,000PSF:$393 / $397Sq Ft:3,092 / 3,199DOM:51 / 45New:0Total:9
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $217,483 | $220,000 | $199,950 – $232,500 | $336 / $339 | 647 / 675 | 26 / 27 | 0 | 3 |
| 2 Beds | $281,299 | $235,000 | $87,500 – $770,000 | $256 / $301 | 1,055 / 963 | 72 / 51 | 3 | 24 |
| 3 Beds | $810,983 | $750,000 | $325,000 – $2,500,000 | $524 / $451 | 1,689 / 1,754 | 42 / 20 | 0 | 27 |
| 4 Beds | $990,902 | $889,950 | $660,000 – $1,999,000 | $435 / $427 | 2,311 / 2,140 | 43 / 27 | 4 | 30 |
| 5 Beds | $1,210,527 | $1,269,900 | $699,950 – $1,595,000 | $393 / $397 | 3,092 / 3,199 | 51 / 45 | 0 | 9 |
Rental Market Overview
Median Rent
$1,895
0.0%
Median DOM
8
−11.1%
New Listings
10
Inventory
64
+4.9%
- Average Rent: $2,202
- Median Rent: $1,895
- Rent Range: $1,000 – $4,500
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,102 / 880
- Square Footage Range: 449 – 2,545
- Days on Market (Avg/Median): 47 / 8
- Days on Market Range: 1 – 363
- New Listings: 10
- Total Listings: 64
Rentals by Property Type
Apartment
$1,750
Median DOM: 38
Inventory: 35
MoM: 0.0%
Condo
$1,900
Median DOM: 1
Inventory: 11
MoM: 0.0%
Single Family
$3,200
Median DOM: 1
Inventory: 16
MoM: 0.0%
Townhouse
$2,495
Median DOM: 1
Inventory: 2
MoM: 0.0%
Apartment
Avg/Median Rent$1,827 / $1,750Range$1,450 – $2,800Rent per Sq Ft$2 / $2Sq Ft819 / 700DOM91 / 38New2Total35
Condo
Avg/Median Rent$2,111 / $1,900Range$1,395 – $3,335Rent per Sq Ft$2 / $2Sq Ft1,064 / 930DOM18 / 1New6Total11
Single Family
Avg/Median Rent$3,013 / $3,200Range$1,000 – $4,500Rent per Sq Ft$2 / $2Sq Ft1,760 / 2,030DOM23 / 1New1Total16
Townhouse
Avg/Median Rent$2,763 / $2,495Range$2,495 – $3,031Rent per Sq Ft$2 / $2Sq Ft1,583 / 1,583DOM51 / 1New1Total2
Rentals by Bedroom Count
Studio
Avg:$1,618Median:$1,599Range:$1,350 – $1,920PSF:$3 / $3Sq Ft:500 / 475DOM:97 / 88New:0Total:5
1 Beds
Avg:$1,579Median:$1,555Range:$1,000 – $1,815PSF:$2 / $2Sq Ft:675 / 675DOM:100 / 8New:2Total:21
2 Beds
Avg:$2,027Median:$1,925Range:$1,550 – $3,031PSF:$2 / $2Sq Ft:955 / 923DOM:55 / 9New:4Total:19
3 Beds
Avg:$2,826Median:$2,800Range:$2,450 – $3,200PSF:$2 / $2Sq Ft:1,555 / 1,638DOM:24 / 1New:2Total:9
4 Beds
Avg:$3,293Median:$3,300Range:$2,850 – $3,599PSF:$2 / $2Sq Ft:1,930 / 1,902DOM:11 / 4New:1Total:6
5 Beds
Avg:$3,985Median:$3,800Range:$3,345 – $4,500PSF:$2 / $2Sq Ft:2,392 / 2,410DOM:1 / 1New:1Total:4
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,618 | $1,599 | $1,350 – $1,920 | $3 / $3 | 500 / 475 | 97 / 88 | 0 | 5 |
| 1 Beds | $1,579 | $1,555 | $1,000 – $1,815 | $2 / $2 | 675 / 675 | 100 / 8 | 2 | 21 |
| 2 Beds | $2,027 | $1,925 | $1,550 – $3,031 | $2 / $2 | 955 / 923 | 55 / 9 | 4 | 19 |
| 3 Beds | $2,826 | $2,800 | $2,450 – $3,200 | $2 / $2 | 1,555 / 1,638 | 24 / 1 | 2 | 9 |
| 4 Beds | $3,293 | $3,300 | $2,850 – $3,599 | $2 / $2 | 1,930 / 1,902 | 11 / 4 | 1 | 6 |
| 5 Beds | $3,985 | $3,800 | $3,345 – $4,500 | $2 / $2 | 2,392 / 2,410 | 1 / 1 | 1 | 4 |
6-Month Sales Trend
Oct 2025
Median Price:$799,950Median DOM:43New:31Total:110
Nov 2025
Median Price:$774,998Median DOM:44New:15Total:101
Dec 2025
Median Price:$759,500Median DOM:47New:18Total:86
Jan 2026
Median Price:$749,950Median DOM:46New:25Total:79
Feb 2026
Median Price:$748,000Median DOM:30New:29Total:95
Mar 2026
Median Price:$748,000Median DOM:33New:7Total:101
6-Month Rental Trend
Oct 2025
Median Rent:$1,995Median DOM:30New:18Total:60
Nov 2025
Median Rent:$1,990Median DOM:20New:16Total:59
Dec 2025
Median Rent:$1,995Median DOM:17New:15Total:56
Jan 2026
Median Rent:$1,950Median DOM:3New:17Total:57
Feb 2026
Median Rent:$1,895Median DOM:9New:16Total:61
Mar 2026
Median Rent:$1,895Median DOM:8New:10Total:64
Key Market Takeaways
Median sale prices held steady this month while inventory expanded. Days on market lengthened, signaling slower 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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