Market Intelligence · WA / Lake Stevens

Lake Stevens, WA 98258 Housing Market

The typical home in Lake Stevens, WA 98258 is worth $691,902, down 1.4% over the past year as of September 2026. The median list price is $743,812, and homes spend a median of 50 days on market.

Updated September 2026Median value$692K

The median home value in Lake Stevens, WA 98258 is $692K as of September 2026, down 1.4% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 98258 range

$637K to $747K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

-1.4% over 12 months

Sep 2025$702K

Low $692KHigh $709K

Sep 2026$692K

The numbers

What is the 98258 housing market like?

As of September 2026

Typical home value

$692K

1.4%YoY

Median list price

$744K

3.4%MoM

Days on market

11.1%MoM

Homes for sale

199

1.5%MoM

Price cuts

35.3%

48.8%MoM

New listings

15.0%MoM

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

The outlook

98258 housing market forecast 2027

+0.1%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 98258 to stay roughly flat by September 2027 (up 0.1%).

Over the 12 months through September 2026, typical home values in 98258 fell 1.4%, per the Zillow Home Value Index.

Will home prices drop in 98258?

Zillow's forecast does not point to a meaningful drop: it expects typical home values in 98258 to stay 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.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 98258 home prices compare?

98258$691,902
Lake Stevens$691,902
Washington$496,668
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Lake Stevens: 1 ZIP; Washington: 485 ZIPs; United States: 26,262 ZIPs).

Context

There were 199 homes for sale in Lake Stevens in September 2026, with 68 new listings added that month. The median list price is $743,812, while the typical home value is $691,902, down 1.4% over the past year. Homes are taking a median of 50 days to sell, and 35.3% of listings have taken a price cut. That mix points to a market where buyers have room to negotiate. Sellers should expect realistic pricing to matter more than speed.

Monthly payment

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Home price

Down payment20% · $138,380

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Common questions

What people ask us.

How much is a home in 98258 worth?

The typical home value in Lake Stevens, WA 98258 is $691,902 as of September 2026, down 1.4% over the past year.

How long do homes take to sell in 98258?

Homes are spending a median of 50 days on market as of September 2026.

Are sellers cutting prices in 98258?

Yes, 35.3% of listings had a price cut as of September 2026.

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Nearby ZIP markets.

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