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Market Intelligence · WA / Snohomish County

Lake Stevens, WA home prices and housing market

1 ZIP market liveData updated September 2026Typical value$692K1-yr changeDown1.4%

The typical home value in Lake Stevens, WA is $692K as of September 2026, down 1.4% from a year ago, based on the Zillow Home Value Index. In the typical Lake Stevens ZIP code, the median list price is $744K and homes spend a median of 50 days on market as of September 2026 (Realtor.com).

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The coverage

Lake Stevens, by the numbers.

Typical home valueZillow ZHVI, September 2026
$692K
1-yr changeMedian across Lake Stevens ZIPs
-1.4%
ZIP markets live
1
County
Snohomish County

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12-month value trend

-1.4% over 12 months

Typical home value in Lake Stevens over the last 12 months: $702K in Sep 2025 to $692K in Sep 2026 (-1.4%).

Sep 2025$702K

Sep 2026$692K

Median Zillow home value index across Lake Stevens's ZIP codes.

Context

Lake Stevens has seen a slowdown in its housing market. The typical home value reached $691,902 as of September 2026, down 1.4% over the past year. With 199 homes for sale and a median list price of $743,812, inventory remains modest. Homes are taking a median of 50 days to sell, and 35.3% of listings have seen price cuts. For homeowners weighing a sale, this is a slower market than recent years, so timing and pricing strategy matter more than they have in the past.

The numbers

What is the housing market like in Lake Stevens, WA?

Typical home value

$692K

Down1.4%YoY

Median list price

$744K

Days on market

50

Homes for sale

199

Price cuts

35.3%

New listings

68

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026)

Figures reflect Lake Stevens's ZIP codes with market data: values and listing medians take the median across ZIPs; inventory and new listings are summed.

Prices over time

Lake Stevens, WA home prices over time

Typical home values in Lake Stevens, WA are down 1.4% over the past year, from $702K in September 2025 to $692K in September 2026.

Typical home value in Lake Stevens, WA, September of each year
MonthTypical value1-yr change
September 2026$691,902-1.4%
September 2025$701,979No prior year

Typical value is the median Zillow Home Value Index across Lake Stevens ZIP codes, taken in September of each year so every row compares the same month.

Market balance

Is Lake Stevens, WA a buyer's or seller's market?

Lake Stevens, WA leans toward a buyer's market.

A large share of listings have cut their asking price and homes for sale are building up relative to new listings, which gives buyers more room to negotiate.

Based on a median of 50 days on market and 35% of listings with a price cut in the typical Lake Stevens ZIP code, and 68 new listings against 199 active listings across Lake Stevens, as of September 2026 (Realtor.com).

The outlook

Lake Stevens housing market forecast 2027

+0.1%

Weighted average of Zillow's ZIP forecasts, 12 months to September 2027

A weighted average of Zillow's ZIP forecasts, across 1 Lake Stevens ZIP code, points to typical home values holding roughly flat by September 2027 (up 0.1%).

Over the 12 months through September 2026, typical home values in Lake Stevens fell 1.4%, per the Zillow Home Value Index.

Will home prices drop in Lake Stevens?

Not by much, on the forecasts: a weighted average of Zillow's ZIP forecasts for Lake Stevens shows typical home values holding roughly flat by September 2027 (up 0.1%), after a 1.4% decline over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

How this is calculated: each ZIP code's 12-month Zillow forecast is weighted by its typical home value (Zillow Home Value Index, September 2026). 1 Lake Stevens ZIP code has both figures.

Forecast: a weighted average of Zillow's ZIP forecasts (Zillow Home Value Forecast, published October 2026), calculated by Home Value Pros. A forecast, not a guarantee.

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Live markets

What ZIP codes are live in Lake Stevens?

Typical value is the Zillow home value index (ZHVI) for each ZIP, as of September 2026. 1-yr change compares it to the same ZIP a year earlier.

Zillow ZHVI, September 2026

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Common questions

Questions about Lake Stevens, WA home prices.

What is a typical home worth in Lake Stevens?

The typical home value in Lake Stevens is $691,902 as of September 2026, though values have declined 1.4% over the past year.

How long does it take to sell a home in Lake Stevens?

Homes are on the market for a median of 50 days. About 35.3% of listings have received price cuts, which can affect how quickly a home sells.

How much inventory is available in Lake Stevens right now?

There are 199 homes for sale, with 68 new listings added recently. The median list price stands at $743,812.

Are home prices going up or down in Lake Stevens, WA?

Typical home values in Lake Stevens, WA are down 1.4% over the past year, based on the Zillow Home Value Index as of September 2026.

Is Lake Stevens, WA a buyer's or seller's market?

Lake Stevens, WA leans toward a buyer's market. A large share of listings have cut their asking price and homes for sale are building up relative to new listings, which gives buyers more room to negotiate. Based on a median of 50 days on market and 35% of listings with a price cut in the typical Lake Stevens ZIP code, and 68 new listings against 199 active listings across Lake Stevens, as of September 2026 (Realtor.com).

Nearby markets

More Washington housing markets.

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