Market Intelligence · WA / Lake Stevens

Lake Stevens, WA 98258 Housing Market

The typical home value in Lake Stevens, WA 98258 is $704,712, down 1.6% over the past year. The median list price stands at $769,950, with homes taking a median of 45 days on market.

Updated August 2026Median value$696K

The median home value in Lake Stevens, WA 98258 is $696K as of August 2026, down 1.4% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 98258 range

$640K to $752K

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

Typical home value in 98258 over the last 12 months: $706K in Aug 2025 to $696K in Aug 2026 (-1.4%).

Aug 2025$706K

Aug 2026$696K

The numbers

What is the 98258 housing market like?

Typical home value

$696K

Down1.4%YoY

Median list price

$770K

Flat0.0%MoM

Days on market

45

Up4.7%MoM

Homes for sale

196

Up9.5%MoM

Price cuts

23.7%

Down2.9%MoM

New listings

80

Down2.4%MoM

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

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The comparison

How do 98258 home prices compare?

  • 98258$696,090
  • Lake Stevens$696,090
  • Washington$500,124
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Lake Stevens: 1 ZIPs; Washington: 485 ZIPs; United States: 26,265 ZIPs).

Context

Lake Stevens has 196 homes for sale as of August 2026, with 80 new listings added recently. The market shows signs of softness: nearly a quarter of listings, specifically 23.7%, have seen price reductions. Homes are taking 45 days on median to sell in this environment. For sellers, the combination of increased inventory and price cuts suggests this is a buyer-favoring market where pricing realistically matters more than in recent years.

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20% · $139,218

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