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Mountlake Terrace Market Report

$747,068

AVERAGE PRICE OF 56 HOMES

$2,983,167

AVERAGE PRICE OF 3 MULTI-MILLION DOLLAR HOMES

$695,790

AVERAGE PRICE OF 5 REDUCED PRICE HOMES

Average Home

Average Price $747,068
Avg Bedrooms 2.66 beds
Avg Bathrooms 1.77 baths

Average Price by Bedrooms

1 bedroom $337,500
2 bedrooms $449,458
3 bedrooms $701,110
4 bedrooms $816,600
5 bedrooms $1,037,238
Mountlake Terrace Home Price Trends
  5/2025 4/2025 3/2025 2/2025 1/2025
Total Listings 42 28 26 23 23
Average Price $773,175 $818,263 $815,489 $731,536 $703,693
Avg Price Change -5.83% +0.34% +11.48% +3.96% -1.86%
Median Price $661,500 $764,152 $747,266 $676,103 $664,272
Med Price Change -15.52% +2.26% +10.53% +1.78% -0.78%
Avg Bedrooms 2.66 beds 2.45 beds 2.69 beds 2.7 beds 2.62 beds
Avg Bathrooms 1.8 baths 1.6 baths 1.77 baths 1.82 baths 1.86 baths
Home Price by High School
School Name Total Homes Average Price
Mountlake Terrace Hi 25 $714,130
Total Homes Average Price
All Homes 56 $747,068
Multi-Million Dollar Homes 3 $2,983,167
Reduced Price Homes 5 $695,790

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Keller Williams Realty Bothell
Mark Hewitt, B.A., CRB, CRS, GRI, ABR
22614 Bothell Everett Hwy
Bothell, WA 98021
425-481-8889

Fair Housing/Equal Opportunity
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Based on information submitted to the MLS GRID as of June 17, 2025 11 AM. All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal noncommercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some listings have been excluded from this website.
Properties with the NWMLS icon are courtesy of Northwest MLS.
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