House Prices

House Prices & Home Values Mountlake Terrace, WA 2026


Average Data

average house price$690,291
average size per house2230 ft²
average price per ft²310 $ / ft²

06/24/2026 - The value range (VR) for house prices in Mountlake Terrace, WA is $293/ sqft to $293/ sqft. An average home with 2230 sqft costs approximately $653,390 to $653,390. Mountlake Terrace, WA includes 1 ZIP codes and it is located in Snohomish county. The lowest prices are found in ZIP 98043, while the highest are in ZIP 98043. The average price per sqare feet is $310. Our analysis is based on 26 property listings.

Avergage prices by ZIP codes Mountlake Terrace

98043299 $ / ft²




Historical development of home values in Mountlake Terrace

Year Estimated value (USD) Change vs. 2025
2010 $320,584 -53.6%
2011 $308,187 -55.4%
2012 $307,357 -55.5%
2013 $318,845 -53.8%
2014 $334,699 -51.5%
2015 $351,877 -49.0%
2016 $370,241 -46.4%
2017 $390,224 -43.5%
2018 $411,798 -40.3%
2019 $430,892 -37.6%
2020 $453,167 -34.4%
2021 $515,429 -25.3%
2022 $600,875 -13.0%
2023 $633,650 -8.2%
2024 $670,308 -2.9%
2025 $690,291 0.0%

Graph: estimated home values in Mountlake Terrace over time (USD)



Example: 100% financing house in Mountlake Terrace

Loan amount: $690,291

Interest rate: 6.00%

Fixed monthly payment: $4,138.64

Breakdown in the 1st month:
Interest portion: $3,451.46  –  Principal portion: $687.19

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $41,186.87 $8,476.85 $681,814.15
2 $40,664.03 $8,999.69 $672,814.46
3 $40,108.95 $9,554.77 $663,259.69
4 $39,519.63 $10,144.09 $653,115.60
5 $38,893.97 $10,769.75 $642,345.85
6 $38,229.71 $11,434.01 $630,911.84
7 $37,524.49 $12,139.23 $618,772.61
8 $36,775.77 $12,887.95 $605,884.66
9 $35,980.87 $13,682.85 $592,201.81
10 $35,136.94 $14,526.78 $577,675.03
11 $34,240.96 $15,422.76 $562,252.27
12 $33,289.72 $16,374.00 $545,878.26
13 $32,279.80 $17,383.92 $528,494.35
14 $31,207.60 $18,456.12 $510,038.23
15 $30,069.27 $19,594.45 $490,443.78
16 $28,860.73 $20,802.99 $469,640.79
17 $27,577.64 $22,086.08 $447,554.71
18 $26,215.42 $23,448.30 $424,106.41
19 $24,769.18 $24,894.54 $399,211.87
20 $23,233.74 $26,429.98 $372,781.90
21 $21,603.60 $28,060.12 $344,721.77
22 $19,872.91 $29,790.81 $314,930.97
23 $18,035.48 $31,628.24 $283,302.73
24 $16,084.72 $33,579.00 $249,723.73
25 $14,013.64 $35,650.08 $214,073.65
26 $11,814.82 $37,848.90 $176,224.75
27 $9,480.38 $40,183.34 $136,041.41
28 $7,001.96 $42,661.76 $93,379.66
29 $4,370.68 $45,293.04 $48,086.62
30 $1,577.10 $48,086.62 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Mountlake Terrace, WA


1500 sqft3900 sqft
Ø selling price$562,651$1,196,910
Ø fast selling$511,501$1,077,220
Ø high price sale$613,800$1,316,601

In 2026, houses in Mountlake Terrace, WA will be offered at an average price of $310 per square foot. A 1,500 sqft home priced at $562,651 is 23.41% more expensive per square foot than a 3,900 sqft home priced at $1,196,910. Home prices in Mountlake Terrace, WA vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $828,631. Sellers who can wait longer may achieve a higher price of up to $1,012,771.

FAQ – Home Values in Mountlake Terrace

What is the median home value in Mountlake Terrace in 2026?

In 2026, the typical home value in Mountlake Terrace is about $690,291 for an average home size of 2230 square feet. This corresponds to an average price of roughly $310 per square foot.

What is the average cost per square foot in Mountlake Terrace?

In 2026, homes in Mountlake Terrace sell for an average of around $310 per square foot, with a typical range between $293 and $293 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Mountlake Terrace is about 2230 square feet, with an estimated 2026 value around $690,291.



Locations close to Mountlake Terrace, WA

North Bend, WA94 $ / ft²
Pacific, WA205 $ / ft²
Preston, WA431 $ / ft²
Mercer Island, WA1104 $ / ft²
Medina, WA1376 $ / ft²
Maple Valley, WA271 $ / ft²
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