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Everett, WA offers a rare mix of affordability and charm just 25 miles north of Seattle, making it a smart choice for homebuyers. With walkable neighborhoods, waterfront views, and a thriving arts scene, it’s both livable and lively. Plus, residents can enjoy big-city access without the big-city price tag.
This article will cover market trends in the Everett housing market in 2025 that will continue defining the local real estate scene, including home prices, inventory, and how the climate of the market affects both buyers and sellers.
The Everett housing market is currently very competitive, with homes often selling above list price in under a week. Here’s a quick snapshot of the city’s real estate market as of June 2025:
| Average Home Price | $672,560, up 1.9% YoY |
| Price per Square Foot | $386/sq ft, up 3.8% YoY |
| Days on the Market | 6 days, unchanged from last year |
| Average # of Offers | 3 |
| Sale-to-List Price | 0.67% lower YoY |
| Homes Sold Above List Price | 49.5%, 6.2% lower YoY |
| Homes With Price Drops | 44.1%, 9.6% higher YoY |
| Housing Inventory | 42.63% increase in # of properties listed for sale YoY (Snohomish County) |
Everett, WA is a seller’s market as of mid-2025, with several key indicators supporting this.
Currently, Everett’s market is characterized by quick sales, multiple offers, and premium pricing — classic signs that favor sellers. According to RedFin, homes typically receive 3 offers and sell in about 6 days. The average homes sell for roughly 1% above list price, while more competitive listings can sell for about 2% over the list price and go pending in about 4 days.
Given the current temperature of the market in Everett, buyers and sellers should act accordingly:
A handful of key elements are contributing to Everett’s current housing market in 2025:
As of the third week of June 2025, Everett’s mortgage rates are as follows, based on the following variables:
| Rate | APR | Points | |
| 30-Year Fixed | 6.000% | 6.206% | 2.038 |
| 15-Year Fixed | 5.000% | 5.389% | 2.385 |
* Rates change frequently. Be sure to check our rate quote page regularly to find the most up-to-date rates and APRs.
According to the Northwest MLS, housing inventory in the NWMLS’s coverage area saw a significant increase in May 2025. The number of homes available for sale that month hit 18,310, marking a 42.63% increase from the same time last year, and the highest level since September 2018.
Snohomish County was one of the six counties in the state with the highest year-over-year increases in active listings in May 2025. While the region’s housing supply is still below the threshold for a balanced market, this rise in inventory provides home buyers with more options.
Everett boasts several sought-after neighborhoods that consistently attract home buyers for their location, amenities, schools, and investment potential:
One of Everett’s more popular neighborhoods for its scenic lake views and suburban charm, Silver Lake is ideal for families thanks to its proximity to good schools, parks, and trails. The area offers a mix of older homes and newer developments, including townhouses and waterfront properties.
Northwest Everett is home to some of the city’s oldest and most charming properties, including craftsman and Tudor-style homes. Residents enjoy quiet, tree-lined streets and short strolls to downtown Everett and the waterfront.
Home buyers in Everett often set their sights on the Harborview-Seahurst-Glenhaven area due to its stunning panoramic views of Puget Sound and the Olympic Mountains. This quiet, established community boasts excellent resale value on its well-maintained contemporary and mid-century homes.
Close to downtown Everett and the riverfront redevelopment area, Riverside offers a mix of starter homes, investment properties, and some new developments. The area is particularly attractive for first-time home buyers and investors looking for appreciation potential.
Those looking for more space in a quieter rural setting will find Lowell particularly appealing. Homes boast larger lots with a country vibe and great views of the Snohomish River Valley. Home buyers can enjoy good value for their dollar for bigger properties and lots.
From a price standpoint, Everett is relatively affordable compared to other nearby Washington cities:
| City | Average Home Price | Y-o-Y Price Change |
| Everett | $672,560 | +1.9% |
| Seattle | $886,741 | +0.1% |
| Tacoma | $497,890 | -0.2% |
| Bothell | $1,109,600 | +4.7% |
| Marysville | $641,270 | +3.0% |
| Snohomish | $964,783 | +3.0% |
| Bellevue | $1,554,196 | +6.0% |
| Sammamish | $1,714,037 | +5.8% |
Several mortgage options are available in Everett to suit different financial situations and homeownership goals. Here’s a breakdown of the most common types:
Over the short-term, home prices in Everett and the overall state of Washington are expected to continue steadily increasing throughout the remainder of 2025, particularly due to tight housing supply.
A more long-term real estate forecast suggests a strong market through 2026 thanks to transit expansion, job growth in the tech industry, and regional economic strength.
Everett’s housing market remains a seller’s market over the first half of 2025, though easing inventory can make it easier for home buyers to get into the market. If you’re looking to buy your first home or move from where you are, partner with a local real estate agent and mortgage company to ensure a successful transaction.
If you’re thinking of buying a home in Everett, WA, we can help. Sammamish Mortgage is a local, family-owned company based in Bellevue, Washington currently lending in all of Washington, Oregon, Idaho, Colorado, and California. We have been offering a number of mortgage programs for you to choose from since 1992. Please contact us if you have mortgage-related questions, or visit our website to get an instant rate quote.
Whether you’re buying a home or ready to refinance, our professionals can help.
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No Obligation and transparency 24/7. Instantly compare live rates and costs from our network of lenders across the country. Real-time accurate rates and closing costs for a variety of loan programs custom to your specific situation.