RexMont

South Lake Union real estate.

Tech hub anchored by Amazon, with new residential and biotech buildings.

Median sale price
$645K
Days on market
14

MLS GRID / NWMLS market data · zip 98109 · Jul 2026

About South Lake Union

South Lake Union has been the focus of Seattle's most aggressive redevelopment over the last two decades — transformed from a low-rise warehouse district into the headquarters campus for Amazon, plus a major biotech cluster (Fred Hutch, Allen Institute) and high-density residential. The Lake Union waterfront at the north edge anchors the neighborhood.

Residential inventory is overwhelmingly newer mid- and high-rise condos and apartments. Buyers are tech and biotech professionals who want walk-to-work convenience and modern amenities.

Median Sale Price

$645K

14 days on market · 8.2 mo supply

143 active listings · updated Jul 2026

Schools

Seattle Public Schools; Hay or Lowell Elementary, McClure Middle School, Lincoln High School

Commute

Walk to Amazon and biotech employers. Streetcar to downtown and First Hill. 5 min to downtown.

Common questions about South Lake Union real estate

What is the median sale price in South Lake Union?
The current median sale price in the South Lake Union zip code is $645K, based on the most recent NWMLS market data refreshed Jul 2026. Typical asking prices in South Lake Union run Studios $450K–$700K, one-bedroom $550K–$900K, two-bedroom $800K–$1.6M, high-floor and luxury $1.6M–$3M+.
How competitive is the South Lake Union real estate market right now?
Median days-on-market in South Lake Union is currently 14 days, with 143 active listings tracked in this zip code as of Jul 2026. The market here moves quickly. Most well-priced homes are receiving strong activity within the first two weeks.
Which schools serve South Lake Union?
Seattle Public Schools; Hay or Lowell Elementary, McClure Middle School, Lincoln High School. School attendance areas are reviewed annually by the district — verify your exact address at seattleschools.org/admissions before relying on assignments for a purchase decision.
What is the commute like from South Lake Union?
Walk to Amazon and biotech employers. Streetcar to downtown and First Hill. 5 min to downtown.
How do I buy or sell a home in South Lake Union?
RexMont's agents represent buyers and sellers across South Lake Union and the broader Seattle market. For buyers, we provide curated active listings, off-market opportunities, and a tailored offer strategy. For sellers, we prepare an agent-reviewed valuation and a custom listing plan. Reach the team via the contact links on this page.

Nearby Seattle neighborhoods

Considering South Lake Union? Buyers commonly compare it against these adjacent Seattle neighborhoods.