Market Intelligence · WA / Lynnwood

Lynnwood, WA 98087 Housing Market

The typical home value in Lynnwood, WA 98087 is $710,177, down 2.9% over the past year as of September 2026. The median list price stands at $712,475, and homes are spending a median of 44 days on market.

Updated September 2026Median value$710K

The median home value in Lynnwood, WA 98087 is $710K as of September 2026, down 2.9% 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 98087 range

$653K to $767K

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

-2.9% over 12 months

Sep 2025$731K

Low $710KHigh $740K

Sep 2026$710K

The numbers

What is the 98087 housing market like?

As of September 2026

Typical home value

$710K

2.9%YoY

Median list price

$712K

1.8%MoM

Days on market

15.8%MoM

Homes for sale

111

7.8%MoM

Price cuts

21.9%

28.5%MoM

New listings

44.4%MoM

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

The outlook

98087 housing market forecast 2027

0.0%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 98087 to stay roughly flat by September 2027 (no change).

Over the 12 months through September 2026, typical home values in 98087 fell 2.9%, per the Zillow Home Value Index.

Will home prices drop in 98087?

Zillow's forecast does not point to a meaningful drop: it expects typical home values in 98087 to stay roughly flat by September 2027 (no change), after a 2.9% 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 98087 home prices compare?

98087$710,177
Lynnwood$761,218
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 (Lynnwood: 3 ZIPs; Washington: 485 ZIPs; United States: 26,262 ZIPs).

Context

As of September 2026, Lynnwood, WA 98087 had 111 homes for sale, with 52 new listings coming onto the market that month. The median list price is $712,475, just above the typical home value of $710,177. Values have slipped 2.9% over the past year, and homes are taking a median of 44 days to sell. Meanwhile, 21.9% of listings have taken a price cut. For sellers, the data points to a market where accurate pricing from day one matters more than testing a high number.

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Down payment20% · $142,035

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Common questions

What people ask us.

How much is a home in 98087 worth?

The typical home value in 98087 is $710,177, down 2.9% over the past year as of September 2026.

How long do homes take to sell in 98087?

Homes in 98087 spend a median of 44 days on market, based on September 2026 data.

How competitive is the 98087 market right now?

As of September 2026, there were 111 homes for sale in 98087 with 52 new listings that month, and 21.9% of listings had a price cut.

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