North Terrace, WA Housing Market

Homes for sale

The North Terrace housing market is very competitive. The median sale price of a home in North Terrace was $612K last month, down 8.0% since last year. The median sale price per square foot in North Terrace is $498, up 17.3% since last year.

Trends
Demand
Schools
Climate

North Terrace Housing Market Trends

What is the housing market like in North Terrace today?

$612K

Sale Price

-8.0%
since last year

$498

Sale $/Sq. Ft.

+17.3%
since last year

Over List Price

0.1%

Days on Market

Down Payment

33.0%

Total Homes Sold

To compare other locations to the North 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.

Work with the best agents in North Terrace

Redfin agents are among the most experienced in the industry, so we know how to help you win in today's market.

How hot is the North Terrace housing market?

North Terrace is very competitive. Homes sell in 15 days.

100

Very Competitive

Many homes get multiple offers, some with waived contingencies.
The average homes sell for around list price and go pending in around 15 days.
Hot homes
can sell for around list price and go pending in around 6 days.

Compare With Nearby Neighborhoods

Lake Ballinger

100

Very Competitive

Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% below list price and go pending in around 6 days.
Hot homes
can sell for about 2% above list price and go pending in around 5 days.

North City

100

Very Competitive

Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% below list price and go pending in around 24 days.
Hot homes
can sell for about 2% above list price and go pending in around 5 days.

See more nearby cities and neighborhoods

View houses in North Terrace that sold recently

Recently sold homes

SOLD MAR 13, 2025
$1,090,000 Last Sold Price
3 beds
2.5 baths
2,135 sq ft
5609 216th Ct SW, Mountlake Terrace, WA 98043
Kamran Mostofi • TEC Real Estate Inc. Specialty Real Estate Group
List Price
$1,000,000
Sale to List
9% over list
Days on Market
28 days
5609 216th Ct SW, Mountlake Terrace, WA 98043
SOLD MAR 7, 2025
$1,430,000 Last Sold Price
7 beds
4 baths
4,127 sq ft
21203 39th Pl W, Brier, WA 98036
Amanda Guaren • eXp Realty Keller Williams Realty Bothell
List Price
$1,549,999
Sale to List
8% under list
Days on Market
148 days
21203 39th Pl W, Brier, WA 98036
SOLD FEB 18, 2025
$599,950 Last Sold Price
2 beds
2.5 baths
1,230 sq ft
4804 215th Ln SW #38, Mountlake Terrace, WA 98043
Teresa Sifferman • Windermere Real Estate M2 LLC Windermere Real Estate Co.
List Price
$599,950
Sale to List
0% over list
Days on Market
39 days
4804 215th Ln SW #38, Mountlake Terrace, WA 98043
SOLD FEB 11, 2025
$624,000 Last Sold Price
2 beds
2.5 baths
1,225 sq ft
21317 48th Ave W Unit E3, Mountlake Terrace, WA 98043
Jack Malek • Windermere RE Greenwood Designed Realty
List Price
$630,000
Sale to List
1% under list
Days on Market
82 days
21317 48th Ave W Unit E3, Mountlake Terrace, WA 98043
SOLD JAN 30, 2025
$518,000 Last Sold Price
2 beds
2.5 baths
1,247 sq ft
21506 50th Ave W Unit B2, Mountlake Terrace, WA 98043
Harry Parker • Best Choice Realty LLC Skyline Properties, Inc.
List Price
$525,000
Sale to List
1% under list
Days on Market
14 days
21506 50th Ave W Unit B2, Mountlake Terrace, WA 98043
SOLD JAN 27, 2025
$690,000 Last Sold Price
3 beds
1 bath
1,320 sq ft
4009 219th St SW, Mountlake Terrace, WA 98043
Sheri Nickel • Coldwell Banker Bain Windermere Prof Partners
List Price
$695,000
Sale to List
1% under list
Days on Market
67 days
4009 219th St SW, Mountlake Terrace, WA 98043
SOLD JAN 9, 2025
$375,000 Last Sold Price
2 beds
1 bath
883 sq ft
21301 48th Ave W Unit A211, Mountlake Terrace, WA 98043
Eddy Ung • COMPASS Real Broker LLC
List Price
$374,950
Sale to List
0% over list
Days on Market
77 days
21301 48th Ave W Unit A211, Mountlake Terrace, WA 98043
SOLD DEC 31, 2024
$702,500 Last Sold Price
2 beds
1 bath
994 sq ft
21608 53rd Ave W, Mountlake Terrace, WA 98043
Shelley Korn • COMPASS Real Property Associates
List Price
$629,000
Sale to List
12% over list
Days on Market
26 days
21608 53rd Ave W, Mountlake Terrace, WA 98043
See all recently sold homes in North Terrace.
See listings

Schools in North Terrace

Learn about schools in the North Terrace area

Elementary
Middle
High

GreatSchools Rating

6/10

Mountlake Terrace Elementary School

Public • K-6

450

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 North Terrace housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in North Terrace.

Heat Factor - Moderate

100% of properties are at moderate risk of heat over the next 30 years

Provided by First Street Foundation

More real estate resources for North Terrace

New Listings in North Terrace

Nearby Neighborhood Housing Markets

City Housing Markets

Zip Code Housing Markets

Nearby Neighborhood Listings

City Listings

Zip Code Listings

Rentals

Download the Redfin App on the Apple App Store

Download the Redfin App from the Google Play Store

Join us

Become an Agent

Get referrals

Careers

Find homes faster

About us

Why Redfin?

Community Impact

Diversity & Inclusion

Find us

Become a Lender Partner

Subsidiaries

Rent.

ApartmentGuide

Bay Equity Home Loans

Title Forward

Countries

United States

Canada

Updated January 2023: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, TITLE FORWARD, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.

North Terrace, WA Housing Market

North Terrace Housing Market Trends

How hot is the North Terrace housing market?

View houses in North Terrace that sold recently

Recently sold homes

Schools in North Terrace

GreatSchools Rating

Climate's impact on North Terrace housing

Flood Factor - Minor

Flood Factor

Fire Factor - Minimal

Fire Factor

Wind Factor - Minimal

Wind Factor

Heat Factor - Moderate

Heat Factor

More real estate resources for North Terrace

New Listings in North Terrace

Nearby Neighborhood Housing Markets

City Housing Markets

Zip Code Housing Markets

Nearby Neighborhood Listings

City Listings

Zip Code Listings

Rentals