$3,500
2 bd3 ba1,143 sqft
23806 56th Ave W #E
Mountlake Terrace, WA Housing Market
$677,584
1.1% 1-yrThe average Mountlake Terrace, WA home value is $677,584, down 1.1% over the past year.
What is the Zillow Home Values Index?
Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.
Mountlake Terrace Key Takeaways
Typical Home Values: $677,584
1-year Value Change: -1.1%
(Data through August 31, 2025)
Mountlake Terrace Housing Market Overview
--1-year Market Forecast
49For sale inventory(August 31, 2025)
21New listings(August 31, 2025)
--Median sale to list ratio
--Median sale price(July 31, 2025)
$656,325Median list price(August 31, 2025)
--Percent of sales over list price
--Percent of sales under list price
--Median days to pending
(Metric availability is based on market coverage and data)
How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Neighborhoods in Mountlake Terrace
- NameMedian ZHVI
- Ballinger$627,104
- Echo Lake$765,144
- North City$746,897
- Alderwood Manor$853,703
- Hillwood$855,455
- Meridian Park$808,499
- Ridgecrest$764,617
- Richmond Highlands$874,570
- Fircrest--
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Mountlake Terrace Rental Market Trends
$2,082Average rent in Mountlake Terrace(August 31, 2025)
$2,007National average rent(August 31, 2025)
0.2%Month-over-month change(August 31, 2025)
1.5%Year-over-year change(August 31, 2025)
How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
