Mountlake Terrace, WA Home Values & Market Trends

Real estate market trends reflect that there have been 223 transactions over the past year in Mountlake Terrace. The median value for residential home transactions that occurred over the previous year is $627,607.49. The number of current listings in Mountlake Terrace is 1, and the percentage of properties for sale in the city is 1.00%. Mountlake Terrace, WA currently has 5 properties in foreclosure, 0 bank owned properties, 5 properties headed for auction, and 1 properties for sale.

Mountlake Terrace, WA Real Estate Market Overview

ZipMedian Est. Value
98043

$ 318,219

$ 394/sqft

Housing Market Summary for Mountlake Terrace, WA

Mar 2023February 2024Change
Median Listing Price$450K$616.9K37.08%
Median Sold Price$626.7K$616.9K-1.56%
Homes For Sale32-33.33%
Homes Sold13315012.78%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Mountlake Terrace, WA

Mountlake Terrace home values range from $150,100 to $5,108,534. The median estimated value of a home in Mountlake Terrace is $627,607.49. The median list price of a home is 315,000, and the total count of properties in the city is 6,658.

Foreclosure
There is 1 zips within Mountlake Terrace, WA; within this zips, the median estimated home value for homes in foreclosure ranges from $819,750 in 98043 to the lowest value of $505,523 in 98043. Foreclosure homes account for 0.00% of properties in Mountlake Terrace, WA with 98043 containing 5 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Mountlake Terrace, WA with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Mountlake Terrace, WA; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Mountlake Terrace, WA ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Mountlake Terrace, WA. There is 1 zips within Mountlake Terrace, WA; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    98043 has 5 auction properties, the highest number of properties going to auction in a single zip in the state of Mountlake Terrace, WA. Auction homes and other auction properties account for 0.08% of all properties in Mountlake Terrace, WA. There is 1 zips within Mountlake Terrace, WA; of that zips, the median estimated home value for homes going to auction ranges from $819,750 in 98043 to the lowest value of $505,523 in 98043.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.02% of residential properties in Mountlake Terrace, WA with 98043 containing 1 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Mountlake Terrace, WA; homes for sale in that zips, have a range of median values from $318,219 in 98043 to the lowest value of $318,219 in 98043.
    Sold Homes
    The median value for recently sold homes ranges from $1,598,940 in 98043 to the lowest price of $149,021 in 98043. There is 1 zips within Mountlake Terrace, WA. 98043 has 126 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 1.89% of properties in Mountlake Terrace, WA.

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      Guide for Mountlake Terrace, WA

      Market Reports
      2023 Seattle Real Estate Market Review
      Home Buying Guides & Tips
      Washington Foreclosure Laws
      Investing Strategies
      How To Identify The Best Cities to Invest In 2024
      New York
      Upward Trend in Houston’s Real Estate Market: Comprehensive Analysis of 2023-2024 Trends
      See More Articles
      2023 Seattle Real Estate Market Review
      Market Reports|posted 12 February 2024

      This blog post examines the ebb and flow of the Seattle real estate market in the past year, providing detailed insights into property values, average sold prices, and market trends in both Seattle and nearby cities. The data provides valuable insights for investors, homeowners, and real estate professionals.

      Washington Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      Washington Foreclosure Laws

      How To Identify The Best Cities to Invest In 2024
      Investing Strategies|posted 28 March 2024

      How to find the cities to invest in for 2024 and make informed decisions for your financial future.

      Upward Trend in Houston’s Real Estate Market: Comprehensive Analysis of 2023-2024 Trends
      New York|posted 27 March 2024

      Between March 2023 and February 2024 the Houston real estate market witnessed a moderate rise in property values with mild fluctuations in the average selling price per sq ft.

      Recently Listed Homes Mountlake Terrace, WA

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