Published:
July 1, 2025
Last updated:
April 28, 2026
Everett Housing Market Trends: What Buyers and Sellers Should Know
In This Article

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 that continue defining the local real estate scene, including home prices, inventory, and how the climate of the market affects both buyers and sellers.

Current Market Snapshot

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 April 2026:

Average Home Price Median sale price: $635,000, down 0.8% YoY
Price per Square Foot $400.80/sq ft, down 3.8% YoY
Days on the Market 11 days, up from 7.63 last year
Average # of Offers 2
Sale-to-List Price 100%
Homes Sold Above List Price 30.77%, down 1.9 pts YoY
Homes With Price Drops 24.36%
Housing Inventory 410 active listings, up 18.2% YoY

Market Dynamics: Buyer’s or Seller’s Market?

Everett, WA is a mixed, price-point-dependent market as of April 2026, with several key indicators supporting this.

Currently, Everett’s market is characterized by varying conditions by price point. Under $750K, it remains a seller’s market where homes move fast. Between $750K and $949K, the market is very active if homes are priced right. At $950K and above, conditions are more selective and slower. Citywide, Everett is still firmly a seller’s market by supply metrics, while Snohomish County remains a seller’s market with 2.8 months of inventory.

What This Means for Buyers and Sellers

Given the current temperature of the market in Everett, buyers and sellers should act accordingly:

For Buyers:

  • Get pre-approved: Go beyond basic pre-qualification & get your loan fully underwritten before house hunting.
  • Prepare for competition: Homes continue to attract multiple bidders, so be ready with a strong offer.
  • Act fast: Homes can go pending quickly, so be ready to submit offers quickly.
  • Increase your deposit: A larger earnest money deposit shows commitment and strengthens your offer.

For Sellers:

  • Price strategically: Don’t overprice just because of high demand. A competitive price can attract buyers, drive bidding wars, & encourage a higher final sale price.
  • Carefully review offers: Besides the offer price, consider contingencies, financing strength, and closing dates
  • Stage effectively: Well-staged homes attract more attention and better offers, even in fast-moving markets.
  • Work with a local agent: A seasoned real estate agent can help you navigate multiple offers & negotiate terms.

What’s Driving Everett’s Housing Market?

A handful of key elements are contributing to Everett’s current housing market:

  • Proximity to Seattle/Boeing employment opportunities: Everett’s easy access to employment centers like Seattle and Paine Field, along with Boeing operations, continue to attract buyers.
  • Affordable Alternative to Seattle: Everett offers a much more affordable option for home buyers looking to remain close to Seattle and its opportunities without the inflated price tag.
  • Transit developments: The Link light rail extension and redevelopment near Everett Station may continue to support housing demand. The Everett Link Extension will build 16 miles of light rail and create 6 new stations, connecting people in Snohomish County to the regional light rail system more easily.
  • Inventory increases: Housing inventory in the broader NWMLS area was up 29.3% year over year in March 2026, while Snohomish County had 2.04 months of inventory in March 2026 and 2.8 months of supply in April 2026, providing home buyers with slightly more negotiating power.

Current Mortgage Rates in Everett, WA

As of April, 2026, Everett’s mortgage rates are as follows, based on the following variables:

* Rates change frequently. Be sure to check our rate quote page regularly to find the most up-to-date rates and APRs.

Easing of Inventory Shortages in Everett

According to the Northwest MLS, housing inventory in the NWMLS’s coverage area continued to increase in March 2026. Total active listings reached 15,049, marking a 29.3% increase from the same time last year.

Snohomish County continues to see improving inventory conditions. The county had 2.04 months of inventory in March 2026, and NWMLS-based local reporting in April 2026 cited 1,900 active listings and 2.8 months of supply. 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.

Popular Neighborhoods in Everett to Buy

Everett boasts several sought-after neighborhoods that consistently attract home buyers for their location, amenities, schools, and investment potential:

1. Silver Lake

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.

  • Average home price: $550,000–$700,000

2. Northwest Everett (Historic District)

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.

  • Average home price: $700,000–$900,000+

3. Harborview-Seahurst-Glenhaven

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.

  • Average home price: Excellent resale value

4. Riverside

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.

  • Average home price: $425,000

5. Lowell

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.

  • Average home price: $475,000

How Does Everett Compare With Other Nearby WA Cities?

From a price standpoint, Everett is relatively affordable compared to other nearby Washington cities:

City Average Home Price Y-o-Y Price Change
Everett $619,916 -5.9%
Seattle $847,975 -1.7%
Tacoma $470,122 -3.6%
Bothell $951,587 -8.6%
Marysville $574,733 +3.9%
Snohomish $891,252 -4.5%
Bellevue $1,296,767 -11.1%
Sammamish $1,461,158 -12.7%

Mortgage Options Available in Everett, WA

Several mortgage options are available in Everett to suit different financial situations and homeownership goals. Here’s a breakdown of the most common types:

  • Conventional Loans: These mortgages are ideal for borrowers with strong credit and stable income, and are not backed by the government. They can come with fixed or adjustable rates.
  • FHA Loans: Backed by the Federal Housing Administration, FHA loans allow for lower credit scores and down payments, making them popular with first-time home buyers.
  • VA Loans: Available to eligible veterans, VA loans come with zero down payment and no private mortgage insurance (PMI) requirements.
  • Fixed-Rate Mortgages: Those who prefer predictable monthly mortgage payments and long-term homeownership may find fixed-rate mortgages ideal. Interest rates stay the same for the entire term of the loan.
  • Adjustable-Rate Mortgages (ARMs): These loans start with lower rates that adjust over time. As such, adjustable-rate mortgages may be more suitable for short-term homeowners or those expecting rates to dip.

Looking Ahead: Short- and Long-Term Outlook

Over the short-term, home prices in Everett and the overall state of Washington remain a close watch area in 2026 as the market adjusts to more normalized conditions.

A more long-term real estate forecast suggests a steadier market through 2026. Houzeo expects home prices in Everett to rise 2-4% in 2026, reflecting a return to more normalized market conditions, while Washington state prices are also forecast to rise 2-4% statewide in 2026.

Final Thoughts

Everett’s housing market remains active in 2026, 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.

Need Financing in Everett?

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.

FAQs

Is Everett, WA currently a buyer’s or seller’s market?

Everett is currently a mixed, price-point-dependent market. Under $750K, it remains a seller’s market where homes move quickly, while higher price points are more selective.

What is the average home price in Everett, WA?

Recent local market data in April 2026 shows a median sale price of $635,000, down 0.8% year over year.

How fast are homes selling in Everett?

Homes are selling relatively quickly in Everett, with a median of 11 days on the market in April 2026.

Do homes in Everett usually sell above list price?

Some do. About 30.77% of homes sold above list price, and the median sale-to-list price ratio was 100%.

How competitive is the Everett housing market?

The Everett housing market remains competitive. Homes receive about 2 offers on average, and many properties go pending quickly.

Is housing inventory improving in Everett?

Inventory has been improving in the broader region. NWMLS reported total active listings were up 29.3% year over year in March 2026, while Snohomish County had 2.04 months of supply in March 2026 and 2.8 months of supply in April 2026.

What does the current Everett market mean for buyers?

Buyers should be prepared to move quickly, get fully pre-approved, and submit strong offers because competition remains high.

What does the current Everett market mean for sellers?

Sellers can benefit from strong demand, but pricing strategically, reviewing offer terms carefully, and presenting the home well are still important.

Why are homebuyers interested in Everett, WA?

Everett attracts buyers because it offers more affordability than Seattle, access to major job centers, waterfront amenities, walkable neighborhoods, and ongoing transit improvements.

What are some popular neighborhoods to buy a home in Everett?

Popular neighborhoods in Everett include Silver Lake, Northwest Everett, Harborview-Seahurst-Glenhaven, Riverside, and Lowell.