ZIP 98045 Housing Market Report
Northwest Seattle
Report period: March 2026
98045 Monthly Market Update – March 2026
ZIP 98045 · Last updated Mar 12, 2026 · Data range Oct 2025 – Mar 2026
Executive Snapshot
Median Sale Price
$1,198,000
−7.8%
Median DOM (Sales)
22
−24.1%
New Listings (Sales)
19
−17.4%
Median Rent
$2,950
0.0%
Median DOM (Rental)
14
+16.7%
Total Rental Listings
18
0.0%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market improved. Rents were stable.
What's Moving Fastest
- Fastest selling: Single Family (16 DOM)
- Fastest renting: Single Family (8 DOM)
- Strongest bedroom: 6 Beds ($1,414,995 median)
Sales Market Overview
Median Price
$1,198,000
−7.8%
Median DOM
22
−24.1%
New Listings
19
−17.4%
Inventory
100
+7.5%
- Average Price: $1,222,597
- Median Price: $1,198,000
- Price Range: $79,995 – $3,599,000
- Price per Sq Ft (Avg/Median): $522 / $495
- Square Footage (Avg/Median): 2,579 / 2,597
- Square Footage Range: 265 – 7,270
- Days on Market (Avg/Median): 51 / 22
- Days on Market Range: 1 – 356
- New Listings: 19
- Total Listings: 100
Sales by Property Type
Condo
Avg/Median Price$489,200 / $469,000Range$290,000 – $650,000Price per Sq Ft$712 / $675Sq Ft772 / 684DOM49 / 27New2Total5
Land
Avg/Median Price$418,167 / $349,000Range$150,000 – $850,000Price per Sq Ft—Sq Ft—DOM149 / 140New0Total6
Manufactured
Avg/Median Price$378,599 / $103,000Range$79,995 – $925,000Price per Sq Ft$304 / $132Sq Ft992 / 780DOM123 / 156New1Total5
Single Family
Avg/Median Price$1,474,913 / $1,399,900Range$624,950 – $3,599,000Price per Sq Ft$523 / $474Sq Ft3,002 / 3,011DOM38 / 16New16Total71
Townhouse
Avg/Median Price$822,531 / $794,900Range$520,000 – $1,049,900Price per Sq Ft$524 / $536Sq Ft1,573 / 1,454DOM47 / 33New0Total13
Sales by Bedroom Count
Studio
Avg:$290,000Median:$290,000Range:$290,000 – $290,000PSF:$1,094 / $1,094Sq Ft:265 / 265DOM:75 / 75New:0Total:1
1 Beds
Avg:$465,500Median:$462,000Range:$462,000 – $469,000PSF:$681 / $675Sq Ft:684 / 684DOM:77 / 27New:0Total:2
2 Beds
Avg:$468,832Median:$103,000Range:$79,995 – $1,450,000PSF:$543 / $132Sq Ft:830 / 780DOM:103 / 110New:1Total:6
3 Beds
Avg:$841,502Median:$794,900Range:$624,950 – $1,550,000PSF:$516 / $540Sq Ft:1,707 / 1,447DOM:34 / 11New:8Total:28
4 Beds
Avg:$1,607,705Median:$1,395,000Range:$990,000 – $3,599,000PSF:$557 / $496Sq Ft:3,075 / 2,678DOM:33 / 16New:4Total:24
5 Beds
Avg:$1,716,228Median:$1,409,995Range:$1,099,000 – $3,444,000PSF:$472 / $487Sq Ft:3,637 / 3,432DOM:59 / 32New:3Total:21
6 Beds
Avg:$1,460,745Median:$1,414,995Range:$1,374,995 – $1,579,995PSF:$464 / $468Sq Ft:3,152 / 3,012DOM:24 / 11New:3Total:12
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $290,000 | $290,000 | $290,000 – $290,000 | $1,094 / $1,094 | 265 / 265 | 75 / 75 | 0 | 1 |
| 1 Beds | $465,500 | $462,000 | $462,000 – $469,000 | $681 / $675 | 684 / 684 | 77 / 27 | 0 | 2 |
| 2 Beds | $468,832 | $103,000 | $79,995 – $1,450,000 | $543 / $132 | 830 / 780 | 103 / 110 | 1 | 6 |
| 3 Beds | $841,502 | $794,900 | $624,950 – $1,550,000 | $516 / $540 | 1,707 / 1,447 | 34 / 11 | 8 | 28 |
| 4 Beds | $1,607,705 | $1,395,000 | $990,000 – $3,599,000 | $557 / $496 | 3,075 / 2,678 | 33 / 16 | 4 | 24 |
| 5 Beds | $1,716,228 | $1,409,995 | $1,099,000 – $3,444,000 | $472 / $487 | 3,637 / 3,432 | 59 / 32 | 3 | 21 |
| 6 Beds | $1,460,745 | $1,414,995 | $1,374,995 – $1,579,995 | $464 / $468 | 3,152 / 3,012 | 24 / 11 | 3 | 12 |
Rental Market Overview
Median Rent
$2,950
0.0%
Median DOM
14
+16.7%
New Listings
1
Inventory
18
0.0%
- Average Rent: $3,056
- Median Rent: $2,950
- Rent Range: $1,295 – $6,000
- Rent per Sq Ft (Avg/Median): $3 / $3
- Square Footage (Avg/Median): 1,357 / 1,277
- Square Footage Range: 340 – 3,260
- Days on Market (Avg/Median): 34 / 14
- Days on Market Range: 1 – 146
- New Listings: 1
- Total Listings: 18
Rentals by Property Type
Apartment
$2,295
Median DOM: 28
Inventory: 9
MoM: 0.0%
Condo
—
Median DOM: —
Inventory: —
MoM: 0.0%
Single Family
$3,750
Median DOM: 8
Inventory: 9
MoM: 0.0%
Townhouse
—
Median DOM: —
Inventory: —
MoM: 0.0%
Apartment
Avg/Median Rent$2,375 / $2,295Range$1,295 – $3,550Rent per Sq Ft$3 / $3Sq Ft875 / 845DOM62 / 28New0Total9
Single Family
Avg/Median Rent$3,737 / $3,750Range$1,995 – $6,000Rent per Sq Ft$2 / $2Sq Ft1,900 / 1,590DOM16 / 8New1Total9
Rentals by Bedroom Count
Studio
Avg:$1,495Median:$1,295Range:$1,295 – $1,695PSF:$4 / $3Sq Ft:420 / 340DOM:13 / 12New:0Total:2
1 Beds
Avg:$2,250Median:$2,250Range:$2,250 – $2,250PSF:$4 / $4Sq Ft:627 / 627DOM:—New:0Total:1
2 Beds
Avg:$2,430Median:$2,295Range:$1,995 – $2,995PSF:$3 / $3Sq Ft:985 / 900DOM:79 / 28New:1Total:6
3 Beds
Avg:$3,570Median:$3,700Range:$2,950 – $3,995PSF:$2 / $2Sq Ft:1,558 / 1,479DOM:21 / 12New:0Total:7
4 Beds
Avg:$4,195Median:$4,195Range:$4,195 – $4,195PSF:$2 / $2Sq Ft:2,520 / 2,520DOM:1 / 1New:0Total:1
5 Beds
Avg:$6,000Median:$6,000Range:$6,000 – $6,000PSF:$2 / $2Sq Ft:3,260 / 3,260DOM:22 / 22New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,495 | $1,295 | $1,295 – $1,695 | $4 / $3 | 420 / 340 | 13 / 12 | 0 | 2 |
| 1 Beds | $2,250 | $2,250 | $2,250 – $2,250 | $4 / $4 | 627 / 627 | — | 0 | 1 |
| 2 Beds | $2,430 | $2,295 | $1,995 – $2,995 | $3 / $3 | 985 / 900 | 79 / 28 | 1 | 6 |
| 3 Beds | $3,570 | $3,700 | $2,950 – $3,995 | $2 / $2 | 1,558 / 1,479 | 21 / 12 | 0 | 7 |
| 4 Beds | $4,195 | $4,195 | $4,195 – $4,195 | $2 / $2 | 2,520 / 2,520 | 1 / 1 | 0 | 1 |
| 5 Beds | $6,000 | $6,000 | $6,000 – $6,000 | $2 / $2 | 3,260 / 3,260 | 22 / 22 | 0 | 1 |
6-Month Sales Trend
Oct 2025
Median Price:$1,299,995Median DOM:42New:34Total:131
Nov 2025
Median Price:$1,325,000Median DOM:48New:21Total:114
Dec 2025
Median Price:$1,349,995Median DOM:53New:11Total:97
Jan 2026
Median Price:$1,349,995Median DOM:41New:32Total:88
Feb 2026
Median Price:$1,299,950Median DOM:29New:23Total:93
Mar 2026
Median Price:$1,198,000Median DOM:22New:19Total:100
6-Month Rental Trend
Oct 2025
Median Rent:$2,595Median DOM:19New:8Total:23
Nov 2025
Median Rent:$2,500Median DOM:21New:2Total:18
Dec 2025
Median Rent:$2,500Median DOM:21New:3Total:14
Jan 2026
Median Rent:$2,525Median DOM:14New:4Total:13
Feb 2026
Median Rent:$2,950Median DOM:12New:8Total:18
Mar 2026
Median Rent:$2,950Median DOM:14New:1Total:18
Key Market Takeaways
Median sale prices softened this month while inventory expanded. Days on market declined, signaling improving buyer activity. Rental pricing remained stable, 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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