ZIP 98056 Housing Market Report
Northwest Seattle
Report period: March 2026
98056 Monthly Market Update – March 2026
ZIP 98056 · Last updated Mar 12, 2026 · Data range Oct 2025 – Mar 2026
Executive Snapshot
Median Sale Price
$1,150,000
−3.8%
Median DOM (Sales)
25
−7.4%
New Listings (Sales)
22
−55.1%
Median Rent
$2,375
−10.4%
Median DOM (Rental)
8
+100.0%
Total Rental Listings
88
−1.1%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market improved. Rents softened. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Single Family (16 DOM)
- Fastest renting: Single Family (1 DOM)
- Strongest bedroom: 6 Beds ($1,596,995 median)
Sales Market Overview
Median Price
$1,150,000
−3.8%
Median DOM
25
−7.4%
New Listings
22
−55.1%
Inventory
163
+2.5%
- Average Price: $1,184,908
- Median Price: $1,150,000
- Price Range: $249,990 – $4,350,000
- Price per Sq Ft (Avg/Median): $517 / $502
- Square Footage (Avg/Median): 2,228 / 2,219
- Square Footage Range: 700 – 5,140
- Days on Market (Avg/Median): 55 / 25
- Days on Market Range: 2 – 336
- New Listings: 22
- Total Listings: 163
Sales by Property Type
Condo
Avg/Median Price$343,765 / $296,900Range$249,990 – $697,000Price per Sq Ft$357 / $332Sq Ft963 / 932DOM124 / 140New1Total22
Land
Avg/Median Price$1,482,400 / $1,150,000Range$425,000 – $3,490,000Price per Sq Ft—Sq Ft—DOM112 / 68New0Total5
Multi-Family
Avg/Median Price$838,738 / $675,000Range$595,000 – $1,380,000Price per Sq Ft$437 / $397Sq Ft1,988 / 1,700DOM83 / 49New0Total8
Single Family
Avg/Median Price$1,374,589 / $1,280,000Range$410,000 – $4,350,000Price per Sq Ft$558 / $548Sq Ft2,499 / 2,436DOM37 / 16New21Total121
Townhouse
Avg/Median Price$732,849 / $629,950Range$535,000 – $1,450,000Price per Sq Ft$404 / $354Sq Ft1,809 / 1,950DOM82 / 56New0Total7
Sales by Bedroom Count
1 Beds
Avg:$266,667Median:$275,000Range:$250,000 – $275,000PSF:$342 / $332Sq Ft:780 / 752DOM:168 / 161New:0Total:3
2 Beds
Avg:$571,512Median:$375,000Range:$249,990 – $3,298,000PSF:$499 / $380Sq Ft:1,075 / 945DOM:97 / 76New:1Total:27
3 Beds
Avg:$1,029,090Median:$819,950Range:$410,000 – $3,750,000PSF:$537 / $533Sq Ft:1,859 / 1,700DOM:42 / 35New:3Total:38
4 Beds
Avg:$1,365,667Median:$1,224,990Range:$598,000 – $2,598,000PSF:$510 / $532Sq Ft:2,646 / 2,500DOM:38 / 15New:9Total:41
5 Beds
Avg:$1,472,192Median:$1,469,995Range:$595,000 – $2,495,000PSF:$516 / $532Sq Ft:2,880 / 2,436DOM:42 / 13New:6Total:34
6 Beds
Avg:$1,622,990Median:$1,596,995Range:$674,900 – $4,350,000PSF:$556 / $615Sq Ft:2,913 / 2,596DOM:46 / 37New:3Total:15
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $266,667 | $275,000 | $250,000 – $275,000 | $342 / $332 | 780 / 752 | 168 / 161 | 0 | 3 |
| 2 Beds | $571,512 | $375,000 | $249,990 – $3,298,000 | $499 / $380 | 1,075 / 945 | 97 / 76 | 1 | 27 |
| 3 Beds | $1,029,090 | $819,950 | $410,000 – $3,750,000 | $537 / $533 | 1,859 / 1,700 | 42 / 35 | 3 | 38 |
| 4 Beds | $1,365,667 | $1,224,990 | $598,000 – $2,598,000 | $510 / $532 | 2,646 / 2,500 | 38 / 15 | 9 | 41 |
| 5 Beds | $1,472,192 | $1,469,995 | $595,000 – $2,495,000 | $516 / $532 | 2,880 / 2,436 | 42 / 13 | 6 | 34 |
| 6 Beds | $1,622,990 | $1,596,995 | $674,900 – $4,350,000 | $556 / $615 | 2,913 / 2,596 | 46 / 37 | 3 | 15 |
Rental Market Overview
Median Rent
$2,375
−10.4%
Median DOM
8
+100.0%
New Listings
19
Inventory
88
−1.1%
- Average Rent: $2,674
- Median Rent: $2,375
- Rent Range: $900 – $8,500
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,239 / 1,019
- Square Footage Range: 300 – 3,350
- Days on Market (Avg/Median): 54 / 8
- Days on Market Range: 1 – 345
- New Listings: 19
- Total Listings: 88
Rentals by Property Type
Apartment
$1,735
Median DOM: 78
Inventory: 33
MoM: −10.4%
Condo
$2,100
Median DOM: 5
Inventory: 7
MoM: −10.4%
Single Family
$3,200
Median DOM: 1
Inventory: 40
MoM: −10.4%
Townhouse
$2,950
Median DOM: 7
Inventory: 6
MoM: −10.4%
Apartment
Avg/Median Rent$1,896 / $1,735Range$1,250 – $3,138Rent per Sq Ft$3 / $3Sq Ft774 / 670DOM135 / 78New2Total33
Condo
Avg/Median Rent$1,920 / $2,100Range$1,295 – $2,250Rent per Sq Ft$2 / $2Sq Ft867 / 852DOM39 / 5New0Total7
Multi-Family
Avg/Median Rent$1,835 / $1,795Range$1,795 – $1,875Rent per Sq Ft$2 / $1Sq Ft1,080 / 720DOM7 / 4New0Total2
Single Family
Avg/Median Rent$3,409 / $3,200Range$900 – $8,500Rent per Sq Ft$2 / $2Sq Ft1,664 / 1,482DOM19 / 1New15Total40
Townhouse
Avg/Median Rent$3,217 / $2,950Range$2,525 – $4,100Rent per Sq Ft$2 / $2Sq Ft1,656 / 1,500DOM9 / 7New2Total6
Rentals by Bedroom Count
Studio
Avg:$1,490Median:$1,399Range:$1,250 – $1,900PSF:$3 / $3Sq Ft:485 / 500DOM:109 / 15New:0Total:7
1 Beds
Avg:$1,635Median:$1,678Range:$900 – $2,055PSF:$3 / $3Sq Ft:664 / 652DOM:151 / 71New:0Total:19
2 Beds
Avg:$2,569Median:$2,250Range:$1,595 – $4,800PSF:$2 / $2Sq Ft:1,101 / 1,000DOM:37 / 4New:12Total:34
3 Beds
Avg:$3,490Median:$3,138Range:$2,700 – $6,500PSF:$2 / $2Sq Ft:1,753 / 1,500DOM:11 / 1New:5Total:19
4 Beds
Avg:$4,406Median:$3,750Range:$3,300 – $8,500PSF:$2 / $2Sq Ft:2,289 / 2,100DOM:16 / 1New:2Total:8
5 Beds
Avg:$4,950Median:$4,950Range:$4,950 – $4,950PSF:$2 / $2Sq Ft:3,060 / 3,060DOM:—New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,490 | $1,399 | $1,250 – $1,900 | $3 / $3 | 485 / 500 | 109 / 15 | 0 | 7 |
| 1 Beds | $1,635 | $1,678 | $900 – $2,055 | $3 / $3 | 664 / 652 | 151 / 71 | 0 | 19 |
| 2 Beds | $2,569 | $2,250 | $1,595 – $4,800 | $2 / $2 | 1,101 / 1,000 | 37 / 4 | 12 | 34 |
| 3 Beds | $3,490 | $3,138 | $2,700 – $6,500 | $2 / $2 | 1,753 / 1,500 | 11 / 1 | 5 | 19 |
| 4 Beds | $4,406 | $3,750 | $3,300 – $8,500 | $2 / $2 | 2,289 / 2,100 | 16 / 1 | 2 | 8 |
| 5 Beds | $4,950 | $4,950 | $4,950 – $4,950 | $2 / $2 | 3,060 / 3,060 | — | 0 | 1 |
6-Month Sales Trend
Oct 2025
Median Price:$1,000,000Median DOM:43New:60Total:211
Nov 2025
Median Price:$1,100,000Median DOM:44New:38Total:190
Dec 2025
Median Price:$1,100,000Median DOM:53New:28Total:174
Jan 2026
Median Price:$1,049,950Median DOM:40New:53Total:156
Feb 2026
Median Price:$1,195,000Median DOM:27New:49Total:159
Mar 2026
Median Price:$1,150,000Median DOM:25New:22Total:163
6-Month Rental Trend
Oct 2025
Median Rent:$2,675Median DOM:25New:26Total:93
Nov 2025
Median Rent:$2,350Median DOM:25New:32Total:89
Dec 2025
Median Rent:$2,500Median DOM:9New:41Total:92
Jan 2026
Median Rent:$2,600Median DOM:1New:31Total:90
Feb 2026
Median Rent:$2,650Median DOM:4New:33Total:89
Mar 2026
Median Rent:$2,375Median DOM:8New:19Total:88
Key Market Takeaways
Median sale prices softened this month while inventory expanded. Days on market declined, signaling improving buyer activity. Rental pricing eased, while total rental inventory tightened.
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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