RexMont

University District Real Estate Market

University District Housing Market Report

The University District is Seattle's institution-anchored market — 50,000 students and staff, a Link station two minutes from Capitol Hill and eight from downtown, and a housing stock that serves three distinct buyer pools: investors, parents, and owner-occupants. Pricing runs on rental math and station distance as much as on finishes, and the neighborhood moves to UW's calendar.

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Adriano Tori, Designated Broker — RexMont Real Estate

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Adriano Tori

Designated Broker, Founder & CEO — RexMont Real Estate · WA Lic. #27660

Adriano leads RexMont Real Estate — the most-reviewed real estate brokerage in Seattle and the Eastside. 1,200+ closed transactions, $1B+ in production, and 1,241 five-star Google reviews.

5.0 · 1,241 Google reviewsBest of 2026NWMLS MemberAbout Adriano →
Median Listing Price
$949K
Price per Sq Ft
$585
Days on Market
46 days
Demand Anchor
UW + Link

As of September 2026, the median listing price in University District is $949K ($585 per square foot), and homes are averaging 46 days on market.

Stats updated September 2026· refreshed monthly and reviewed by RexMont's brokerage team.

Market context

What shapes the U District's market.

UW is a demand engine that doesn't cycle. Enrollment, staffing, and campus growth keep rental vacancy structurally low and give the neighborhood a demand floor independent of the tech economy — the closest thing Seattle housing has to an institutional guarantee. When broader markets slow, U District rental math usually still clears.

The Link station professionalized the buyer pool. Two minutes to Capitol Hill and eight to downtown turned the U District from a campus-only market into a commuter option, and station-walkable condos now draw owner-occupants who once would have bought on the Hill. That widened demand is most visible in the newer mid-rise stock along Brooklyn and 12th.

Three buyer pools, three comp sets. Investor sales price on cap rates and bedroom counts; parent purchases price on four-year cost-versus-rent math; owner-occupant sales price on the usual urban factors. The same block can host all three — which is why blended averages mislead here more than anywhere in the city.

The tower rezone is remaking the core. The blocks around the station carry some of Seattle's most permissive high-rise zoning, and new towers keep adding units while making land under older buildings worth more than the buildings. For owners of aging stock near the core, the land-value story is increasingly the exit story.

Coverage

Service area at a glance

RexMont represents buyers and sellers across these Seattle and Eastside markets. Click any city for the full local guide.

Bellevue, WA

ZIPs: 98004 · 98005 · 98006 · 98007 · 98008

Schools: Bellevue SD

Medina, WA

ZIP: 98039

Schools: Bellevue SD

Clyde Hill, WA

ZIP: 98004

Schools: Bellevue SD

Mercer Island, WA

ZIP: 98040

Schools: Mercer Island SD

Kirkland, WA

ZIPs: 98033 · 98034

Schools: Lake Washington SD

Redmond, WA

ZIPs: 98052 · 98053

Schools: Lake Washington SD

Sammamish, WA

ZIPs: 98074 · 98075

Schools: Lake Washington / Issaquah SD

Issaquah, WA

ZIPs: 98027 · 98029

Schools: Issaquah SD

Newcastle, WA

ZIPs: 98056 · 98059

Schools: Renton SD

Woodinville, WA

ZIPs: 98072 · 98077

Schools: Northshore SD

Kenmore, WA

ZIP: 98028

Schools: Northshore SD

Seattle, WA

ZIPs: 98101 · 98109 · 98112 · 98115 · 98118

Schools: Seattle Public Schools

Buying in the University District

Name your pool first — investment, a college-years condo, or a home — because each buys against different comps and different risks. RexMont runs the rental math, reads HOA and rental-cap rules, and prices station distance the way this market actually does.

Talk to a U District buyer agent

Selling in the University District

Your property may be worth more to one pool than another — an investor, a UW parent, or an owner-occupant — and positioning decides which shows up. RexMont markets U District listings to the pool that pays most and prices against that pool's comps.

Get your U District home value

Live NWMLS data

Active homes for sale in University District

The latest active NWMLS listings in University District, refreshed hourly.

Search all University District listings
Median price
$949K
Median $/sqft
$585
Avg days on market
46
Listings for sale
113+

Listing data courtesy of NWMLS. Provided for the consumer's personal, non-commercial use. Market stats reflect representative market data for University District; current listings and individual neighborhoods may vary.

Search all University District listings

Related markets

Explore Seattle's markets.

FAQ

Questions buyers and sellers ask first.

Is the University District a buyer's or seller's market?

The U District runs on two clocks: the investor and parent-buyer market around UW's calendar, and the owner-occupant condo market that behaves like the rest of urban Seattle. Well-located condos near the Link station and campus stay liquid in most conditions; larger multi-bedroom properties trade on rental math, so their market moves with rates more than sentiment.

Who actually buys in the University District?

Three pools: investors buying rental income within walking distance of 50,000 students and staff, parents buying condos instead of paying four years of rent, and owner-occupants — often UW-affiliated — buying urban convenience. Each pool prices differently, which is why the same block can show wildly different comps.

How does UW shape the market?

The University of Washington is the demand engine: enrollment and staffing keep rental vacancy structurally low, campus growth keeps land values firm, and the U District Link station tied the neighborhood into the regional job map. Housing demand here tracks the university's gravity more than the broader housing cycle.

What should investors know before buying near UW?

Run the numbers on the academic calendar — leases turn in summer, and vacancy risk concentrates there. Seattle's rental regulations reward professional management, older stock carries deferred-maintenance risk, and the strongest performers are walkable to both campus and the Link station. The math works, but it's a manage-it-properly market.

How current is the market data on this page?

Stats refresh monthly from regional market data and are reviewed by RexMont's brokerage team. Live listing stats come from active NWMLS listings in the neighborhood, so the numbers reflect current on-market inventory.

How does RexMont represent University District buyers and sellers?

By buyer pool. RexMont prices U District properties against the comps that apply — investor cap-rate sales, parent-buyer condo comps, or owner-occupant closings — because blending them misprices everything. 1,241 Google 5-star reviews and $1B+ in closed production back that approach.

Institutional markets reward the right comp set.

In a neighborhood where investor math, parent math, and owner math price the same block three ways, choosing the right comps is the whole game. RexMont brings 1,241 Google 5-star reviews, $1B+ in closed production, and 1,200+ transactions to every U District engagement.

Talk to a University District real estate expert