ZIP 98055 Housing Market Report
Northwest Seattle
Report period: March 2026
98055 Monthly Market Update – March 2026
ZIP 98055 · Last updated Mar 12, 2026 · Data range Oct 2025 – Mar 2026
Executive Snapshot
Median Sale Price
$582,000
+3.9%
Median DOM (Sales)
18
+12.5%
New Listings (Sales)
9
−43.8%
Median Rent
$2,255
+7.4%
Median DOM (Rental)
7
0.0%
Total Rental Listings
47
+2.2%
Month-over-Month Movement
Median sale prices moved higher. Days on market lengthened. Rents moved higher. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Townhouse (6 DOM)
- Fastest renting: Single Family (1 DOM)
- Strongest bedroom: 5 Beds ($850,000 median)
Sales Market Overview
Median Price
$582,000
+3.9%
Median DOM
18
+12.5%
New Listings
9
−43.8%
Inventory
69
+15.0%
- Average Price: $614,017
- Median Price: $582,000
- Price Range: $238,500 – $1,299,800
- Price per Sq Ft (Avg/Median): $368 / $371
- Square Footage (Avg/Median): 1,685 / 1,510
- Square Footage Range: 800 – 3,304
- Days on Market (Avg/Median): 49 / 18
- Days on Market Range: 2 – 355
- New Listings: 9
- Total Listings: 69
Sales by Property Type
Condo
Avg/Median Price$377,000 / $349,000Range$238,500 – $565,000Price per Sq Ft$346 / $344Sq Ft1,081 / 982DOM69 / 28New0Total18
Land
Avg/Median Price$572,850 / $499,950Range$300,000 – $1,250,000Price per Sq Ft—Sq Ft—DOM113 / 132New0Total7
Single Family
Avg/Median Price$808,948 / $749,000Range$549,000 – $1,299,800Price per Sq Ft$394 / $392Sq Ft2,108 / 2,000DOM39 / 8New5Total31
Townhouse
Avg/Median Price$499,527 / $500,000Range$359,000 – $650,000Price per Sq Ft$337 / $361Sq Ft1,513 / 1,460DOM13 / 6New4Total13
Sales by Bedroom Count
1 Beds
Avg:$238,500Median:$238,500Range:$238,500 – $238,500PSF:$298 / $298Sq Ft:800 / 800DOM:82 / 82New:0Total:1
2 Beds
Avg:$405,019Median:$398,800Range:$299,950 – $650,000PSF:$362 / $355Sq Ft:1,113 / 1,063DOM:58 / 27New:1Total:21
3 Beds
Avg:$614,690Median:$615,000Range:$410,000 – $750,000PSF:$383 / $377Sq Ft:1,636 / 1,553DOM:21 / 6New:5Total:20
4 Beds
Avg:$842,764Median:$775,000Range:$444,500 – $1,274,800PSF:$362 / $374Sq Ft:2,330 / 2,270DOM:39 / 8New:3Total:18
5 Beds
Avg:$1,074,900Median:$850,000Range:$850,000 – $1,299,800PSF:$378 / $362Sq Ft:2,824 / 2,345DOM:87 / 7New:0Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $238,500 | $238,500 | $238,500 – $238,500 | $298 / $298 | 800 / 800 | 82 / 82 | 0 | 1 |
| 2 Beds | $405,019 | $398,800 | $299,950 – $650,000 | $362 / $355 | 1,113 / 1,063 | 58 / 27 | 1 | 21 |
| 3 Beds | $614,690 | $615,000 | $410,000 – $750,000 | $383 / $377 | 1,636 / 1,553 | 21 / 6 | 5 | 20 |
| 4 Beds | $842,764 | $775,000 | $444,500 – $1,274,800 | $362 / $374 | 2,330 / 2,270 | 39 / 8 | 3 | 18 |
| 5 Beds | $1,074,900 | $850,000 | $850,000 – $1,299,800 | $378 / $362 | 2,824 / 2,345 | 87 / 7 | 0 | 2 |
Rental Market Overview
Median Rent
$2,255
+7.4%
Median DOM
7
0.0%
New Listings
9
Inventory
47
+2.2%
- Average Rent: $2,474
- Median Rent: $2,255
- Rent Range: $1,195 – $4,300
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,245 / 967
- Square Footage Range: 473 – 2,947
- Days on Market (Avg/Median): 55 / 7
- Days on Market Range: 1 – 353
- New Listings: 9
- Total Listings: 47
Rentals by Property Type
Apartment
$1,699
Median DOM: 109
Inventory: 21
MoM: +7.4%
Condo
$2,100
Median DOM: 5
Inventory: 3
MoM: +7.4%
Single Family
$3,200
Median DOM: 1
Inventory: 19
MoM: +7.4%
Townhouse
$2,650
Median DOM: 115
Inventory: 4
MoM: +7.4%
Apartment
Avg/Median Rent$1,856 / $1,699Range$1,395 – $3,347Rent per Sq Ft$2 / $2Sq Ft774 / 708DOM164 / 109New0Total21
Condo
Avg/Median Rent$2,454 / $2,100Range$2,050 – $3,211Rent per Sq Ft$2 / $2Sq Ft967 / 967DOM8 / 5New2Total3
Single Family
Avg/Median Rent$3,093 / $3,200Range$1,195 – $4,300Rent per Sq Ft$2 / $2Sq Ft1,689 / 1,690DOM20 / 1New6Total19
Townhouse
Avg/Median Rent$2,790 / $2,650Range$2,595 – $2,965Rent per Sq Ft$2 / $2Sq Ft1,751 / 1,490DOM98 / 115New1Total4
Rentals by Bedroom Count
Studio
Avg:$1,392Median:$1,195Range:$1,195 – $1,590PSF:$3 / $2Sq Ft:486 / 473DOM:31 / 31New:0Total:2
1 Beds
Avg:$1,758Median:$1,698Range:$1,395 – $3,211PSF:$2 / $2Sq Ft:686 / 690DOM:125 / 49New:0Total:19
2 Beds
Avg:$2,348Median:$2,100Range:$2,040 – $2,995PSF:$2 / $2Sq Ft:1,166 / 967DOM:49 / 5New:2Total:6
3 Beds
Avg:$3,070Median:$3,150Range:$2,595 – $3,395PSF:$2 / $2Sq Ft:1,470 / 1,439DOM:15 / 1New:3Total:11
4 Beds
Avg:$3,285Median:$3,395Range:$2,950 – $3,500PSF:$2 / $2Sq Ft:2,073 / 1,984DOM:20 / 1New:3Total:6
5 Beds
Avg:$4,167Median:$4,300Range:$3,900 – $4,300PSF:$1 / $1Sq Ft:2,792 / 2,890DOM:61 / 27New:1Total:3
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,392 | $1,195 | $1,195 – $1,590 | $3 / $2 | 486 / 473 | 31 / 31 | 0 | 2 |
| 1 Beds | $1,758 | $1,698 | $1,395 – $3,211 | $2 / $2 | 686 / 690 | 125 / 49 | 0 | 19 |
| 2 Beds | $2,348 | $2,100 | $2,040 – $2,995 | $2 / $2 | 1,166 / 967 | 49 / 5 | 2 | 6 |
| 3 Beds | $3,070 | $3,150 | $2,595 – $3,395 | $2 / $2 | 1,470 / 1,439 | 15 / 1 | 3 | 11 |
| 4 Beds | $3,285 | $3,395 | $2,950 – $3,500 | $2 / $2 | 2,073 / 1,984 | 20 / 1 | 3 | 6 |
| 5 Beds | $4,167 | $4,300 | $3,900 – $4,300 | $1 / $1 | 2,792 / 2,890 | 61 / 27 | 1 | 3 |
6-Month Sales Trend
Oct 2025
Median Price:$604,000Median DOM:38New:15Total:85
Nov 2025
Median Price:$639,000Median DOM:51New:11Total:65
Dec 2025
Median Price:$585,000Median DOM:56New:3Total:46
Jan 2026
Median Price:$630,000Median DOM:23New:26Total:54
Feb 2026
Median Price:$560,000Median DOM:16New:16Total:60
Mar 2026
Median Price:$582,000Median DOM:18New:9Total:69
6-Month Rental Trend
Oct 2025
Median Rent:$2,200Median DOM:10New:25Total:53
Nov 2025
Median Rent:$2,100Median DOM:12New:17Total:58
Dec 2025
Median Rent:$1,995Median DOM:38New:11Total:47
Jan 2026
Median Rent:$2,100Median DOM:13New:10Total:42
Feb 2026
Median Rent:$2,100Median DOM:7New:12Total:46
Mar 2026
Median Rent:$2,255Median DOM:7New:9Total:47
Key Market Takeaways
Median sale prices moved higher this month while inventory expanded. Days on market lengthened, signaling slower 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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