Snohomish County
Mountlake Terrace, Washington
Transit-forward North King-adjacent city with easy Seattle commutes via Lynnwood Link.
$687,000
Typical Home Value
-2.3%
YoY Change
21,000+
Population
Zillow Home Value Index, June 2026. Population: US Census.
What to know about Mountlake Terrace
Schools
Edmonds School District
Getting around
The 1 Line light rail opened a Mountlake Terrace station in 2024. I-5 runs along the eastern edge.
Housing stock
Modest mid century homes, with townhomes and apartments rising around the new light rail station.
Who Mountlake Terrace suits
One of the shortest transit commutes to Seattle in Snohomish County. More accessible than neighboring Edmonds, and the station area is changing fast.
Around Mountlake Terrace
- Ballinger Park
- Terrace Creek Park
- Mountlake Terrace Transit Center
- Evergreen Playfield
The Mountlake Terrace market right now
Mountlake Terrace has a typical home value of $687,000. That is close to the middle of the Snohomish County cities we serve, where the median sits at $715,500.
Values are down 2.3% year over year, in line with the broader Puget Sound softening. That is a modest correction rather than a slide, so well-prepared listings still move. Buyers should not expect distressed pricing, but there is more room to ask than there was.
Our read on Mountlake Terrace
Mountlake Terrace got a light rail station in 2024 and is one of the shortest transit commutes to Seattle in Snohomish County. Housing is largely mid century and modest, which has kept it accessible relative to Edmonds next door. The area around the station is rezoned and changing quickly.
Serving Mountlake Terrace Buyers, Sellers & Investors
Local guidance backed by 30+ years across the Puget Sound market
Other Snohomish County Neighborhoods
Explore more communities we serve across the Puget Sound
Ready to Explore Mountlake Terrace?
Our local experts know Mountlake Terrace inside and out. Let's find your perfect home.
Book Free Consultation