---
title: "Mountlake Terrace Housing Market & Homes for Sale"
url: https://mckayagency.com/market-reports/mountlake-terrace-wa/
type: page
date: 2026-10-09
modified: 2026-10-09
markdown_url: https://mckayagency.com/market-reports/mountlake-terrace-wa.md
author: "mckaymd77"
---

# Mountlake Terrace Housing Market & Homes for Sale

[Home](/) › [Market Reports](/market-reports/) › Mountlake Terrace

October 2026 Market Report · Snohomish County · about 8.9 miles from Silver Firs

# Mountlake Terrace Housing Market & Homes for Sale

Seller's market

Mountlake Terrace is a compact city on the King County line with its own Link light rail station and some of the area's more attainable prices.

Median sold price**$630,000***up 8% vs. last year*

Homes for sale**22***up 29% vs. last year*

Months of inventory**1.3***3-mo avg 1.9 (was 1.5)*

Avg. days on market**21***100% of list price*

## Mountlake Terrace market summary for September 2026

In September 2026, single-family homes in Mountlake Terrace sold for a median price of **$630,000**, up 8% from a year earlier. There were **22 homes for sale** at month-end (up 29% year over year), 18 new listings and 17 closed sales. Homes sold in an average of **21 days** for about **100% of list price**. There were **1.3 months of inventory** in September (1.9 averaged over the last three months, versus 1.5 a year ago), which points to a **seller's market**.

[Search Mountlake Terrace homes for sale](https://michaelmckay.kw.com)[What's my home worth?](/contact/?intent=sell&area=Mountlake%20Terrace)[Book a 30-min call](https://tidycal.com/michaelmckay)

## Mountlake Terrace home sales trends (last 15 months)

This chart updates automatically every month. Click *“Click here for your neighborhood information”* to request a custom report for your exact neighborhood, price range or home type.

### What this means for buyers

Well-priced homes still move quickly. Get pre-approved first, watch new listings closely and be ready to write a clean, competitive offer.

### What this means for sellers

Conditions favor you, but buyers are price-sensitive. Pricing right from day one and solid prep will bring the strongest offers.

### Thinking about selling in Mountlake Terrace?

Averages don't tell you what *your* home will sell for. I'll put together a no-pressure broker's property evaluation using the latest sales near you.

[Get my home value](/contact/?intent=sell&area=Mountlake%20Terrace)[Book a 30-min call](https://tidycal.com/michaelmckay)[Ask me about Mountlake Terrace](/contact/?area=Mountlake%20Terrace)

## Mountlake Terrace real estate FAQs

Is Mountlake Terrace a buyer's or seller's market right now?Based on September 2026 NWMLS data, Mountlake Terrace is a seller's market, with 1.3 months of inventory in September (1.9 averaged over the last three months). Under about 3 months generally favors sellers; over 6 favors buyers.

What is the median home price in Mountlake Terrace?The median sold price for single-family homes in Mountlake Terrace was $630,000 in September 2026, up 8% from September 2025. Average price per square foot was $442.

How fast are homes selling in Mountlake Terrace?Homes that sold in September 2026 were on the market an average of 21 days and sold for about 100% of their final list price.

How do I find out what my Mountlake Terrace home is worth?Market averages are a starting point, but value depends on your street, condition and updates. Request a broker's property evaluation and I'll send you a personalized estimate.

## Nearby market reports

[Mukilteo](/market-reports/mukilteo-wa/)[Kenmore](/market-reports/kenmore-wa/)[Monroe](/market-reports/monroe-wa/)[Lake Forest Park](/market-reports/lake-forest-park-wa/)[Everett](/market-reports/everett-wa/)[Lynnwood](/market-reports/lynnwood-wa/)[All communities →](/market-reports/)

Source: Northwest Multiple Listing Service (NWMLS) data via TrendGraphix, single-family homes. Statistics are based on data available at the end of September 2026; neither NWMLS nor TrendGraphix guarantees their accuracy. Report prepared by Michael McKay, REALTOR®, Keller Williams Everett · (206) 249-6925 · Michael.McKay@KW.com
