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 $518K last month, up 27.3% since last year. The median sale price per square foot in North Terrace is $424, down 13.5% since last year.

Trends
Demand
Schools
Climate

North Terrace Housing Market Trends

What is the housing market like in North Terrace today?

$518K

Sale Price

+27.3%
since last year

$424

Sale $/Sq. Ft.

-13.5%
since last year

Over List Price

0.3%

Days on Market

Down Payment

9.9%

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

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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 5 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 29 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 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
SOLD DEC 20, 2024
$740,000 Last Sold Price
7 beds
2.5 baths
1,951 sq ft
21505 54th Pl W, Mountlake Terrace, WA 98043
Celine Williams • Realty One Group Orca WeLakeside
List Price
$740,000
Sale to List
0% over list
Days on Market
0 days
21505 54th Pl W, Mountlake Terrace, WA 98043
SOLD DEC 6, 2024
$803,000 Last Sold Price
3 beds
2 baths
1,700 sq ft
21508 52nd Pl W, Mountlake Terrace, WA 98043
Bree Bristol • COMPASS Best Choice Realty LLC
List Price
$750,000
Sale to List
7% over list
Days on Market
23 days
21508 52nd Pl W, Mountlake Terrace, WA 98043
See all recently sold homes in North Terrace.
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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

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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

City Housing Markets

Nearby Neighborhood Housing Markets

Zip Code Housing Markets

City Listings

Nearby Neighborhood Listings

Zip Code Listings

Rentals