The Town Center Mountlake Terrace housing market is very competitive. The median sale price of a home in Town Center Mountlake Terrace was $600K last month, down 6.7% since last year. The median sale price per square foot in Town Center Mountlake Terrace is $503, up 53.4% since last year.
Town Center Mountlake Terrace Housing Market Trends
What is the housing market like in Town Center Mountlake Terrace today?
In March 2024, Town Center Mountlake Terrace home prices were down 6.7% compared to last year, selling for a median price of $600K. On average, homes in Town Center Mountlake Terrace sell after 6 days on the market compared to 9 days last year. There were 5 homes sold in March this year, down from 7 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$600,000
-6.7% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Town Center Mountlake Terrace, WA
$600,000
-6.7%
United States
To compare other locations to the Town Center Mountlake Terrace and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Mountlake Terrace add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Town Center Mountlake Terrace housing market?
Town Center Mountlake Terrace is very competitive. Homes sell in 10 days.
0
100
82
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 9 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% above list price and go pending in around 10 days.
Hot homes
can sell for about 2% above list price and go pending in around 5 days.
Learn about schools in the Town Center Mountlake Terrace area
Elementary
Middle
High
GreatSchools Rating
9/10
Challenge Elementary School
Public • K-6
315
Students
4 reviews
5/10
Mountlake Terrace Elementary School
Public • K-6
437
Students
4 reviews
5/10
Terrace Park School
Public • K-6
302
Students
4 reviews
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Town Center Mountlake Terrace housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Town Center Mountlake Terrace.
Risk Factor
Flood Factor - Minor
<1% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Town Center Mountlake Terrace has a minor risk of flooding. 4 properties in Town Center Mountlake Terrace are likely to be
severely affected
by flooding over the next 30 years. This represents <1% of all properties in Town Center Mountlake Terrace. Flood risk is increasing slower than the national average.
1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Town Center Mountlake Terrace has a minor risk of wildfire. There are 26 properties in Town Center Mountlake Terrace that have some risk of being affected by wildfire over the next 30 years. This represents 1% of all properties in Town Center Mountlake Terrace.
Town Center Mountlake Terrace has minimal risk of severe winds over the next 30 years
Wind Factor
Town Center Mountlake Terrace has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.
52% of properties are at moderate
risk of heat over the next 30 years
Heat Factor
Town Center Mountlake Terrace has a moderate risk from heat. This is due to
"feels like" temperatures
increasing, and because 52% of homes in Town Center Mountlake Terrace have a Moderate Heat Factor®.
Town Center Mountlake Terrace is expected to see a 114% increase in the number of days over 86ºF over the next 30 years. Town Center Mountlake Terrace is expected to experience 7