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 $585K last month, down 5.9% since last year. The median sale price per square foot in North Terrace is $448, down 3.3% since last year.

Trends
Demand
Market Insights
Schools
Climate

North Terrace Housing Market Trends

What is the housing market like in North Terrace today?

$585K

Sale Price

-5.9%
since last year

$448

Sale $/Sq. Ft.

-3.3%
since last year

Under List Price

Days on Market

Down Payment

27.2%

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 12 days.

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 12 days.
Hot homes
can sell for about 2% above list price and go pending in around 5 days.

Compare With Nearby Neighborhoods

Lake Ballinger

100

Most Competitive

Most homes get multiple offers, often with waived contingencies.
The average homes sell for about 2% above list price and go pending in around 8 days.
Hot homes
can sell for about 3% above list price and go pending in around 5 days.

Picnic Point-North Lynnwood

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 around list price and go pending in around 12 days.

See more nearby cities and neighborhoods

Home offer insights for North Terrace

Explore recent offers and recently sold homes in North Terrace

Recent offers

Offer Not Accepted|
9 Weeks Ago
~$325K Offer
Sold for $325K
1 bd | 1 ba | ~750 sqft
Under List Price
4%
Days on Market
80
Competing Offers
3
Down Payment
~20%
Troy Lehman
North Terrace Redfin Agent
Offer Not Accepted|
9 Weeks Ago
~$1.5M Offer
Sold for $1.5M
5 bd | 2.5 ba | ~3,000 sqft
Over List Price
0%
Days on Market
5
Competing Offers
1
Down Payment
~40%
Sarah Vincent
North Terrace Redfin Agent

View houses in North Terrace that sold recently

Recently sold homes

SOLD NOV 21, 2025
VIDEO TOUR
$701,500 Last Sold Price
3 beds
1.5 baths
1,327 sq ft
4109 219th St SW, Mountlake Terrace, WA 98043
Bradley Hanson • John L. Scott, Inc. Windermere RE North, Inc.
List Price
$685,000
Sale to List
2% over list
Days on Market
22 days
4109 219th St SW, Mountlake Terrace, WA 98043
SOLD NOV 20, 2025
$550,000 Last Sold Price
3 beds
2 baths
1,293 sq ft
4401 218th St SW Unit A, Mountlake Terrace, WA 98043
Hangnyo Lee • CENTURY 21 Real Estate Center CENTURY 21 Real Estate Center
List Price
$550,000
Sale to List
0% over list
Days on Market
0 days
4401 218th St SW Unit A, Mountlake Terrace, WA 98043
SOLD NOV 20, 2025
$624,950 Last Sold Price
3 beds
2 baths
984 sq ft
5506 216 St SW, Mountlake Terrace, WA 98043
Chris Soon • TEC Real Estate Inc. Windermere RE North, Inc.
List Price
$624,950
Sale to List
0% over list
Days on Market
43 days
5506 216 St SW, Mountlake Terrace, WA 98043
SOLD NOV 6, 2025
$575,000 Last Sold Price
4 beds
2 baths
1,816 sq ft
21237 38th Pl W, Brier, WA 98036
Wilhelmina Escandar • CENTURY 21 Real Estate Center ZNonMember-Office-MLS
List Price
$625,000
Sale to List
8% under list
Days on Market
21 days
21237 38th Pl W, Brier, WA 98036
SOLD OCT 30, 2025
$825,000 Last Sold Price
3 beds
2 baths
1,656 sq ft
5502 216th St SW, Mountlake Terrace, WA 98043
Osama Alassad • Skyline Properties, Inc. Windermere RE Greenwood
List Price
$799,000
Sale to List
3% over list
Days on Market
20 days
5502 216th St SW, Mountlake Terrace, WA 98043
SOLD OCT 30, 2025
$365,000 Last Sold Price
2 beds
1 bath
873 sq ft
21305 48th Ave W Unit B201, Mountlake Terrace, WA 98043
Jessica Dodge • Windermere Real Estate Co. Windermere Real Estate/M2, LLC
List Price
$375,000
Sale to List
3% under list
Days on Market
28 days
21305 48th Ave W Unit B201, Mountlake Terrace, WA 98043
SOLD OCT 30, 2025
$400,000 Last Sold Price
3 beds
2.5 baths
1,182 sq ft
21906 56th Ave W Unit C2, Mountlake Terrace, WA 98043
Jim Rockwell • Rockwell Realty LLC Specialty Real Estate Group
List Price
$400,000
Sale to List
0% over list
Days on Market
56 days
21906 56th Ave W Unit C2, Mountlake Terrace, WA 98043
SOLD OCT 28, 2025
3D WALKTHROUGH
$343,000 Last Sold Price
2 beds
1.5 baths
982 sq ft
21906 56th Ave W Unit C4, Mountlake Terrace, WA 98043
Laura Brodniak Harder • Windermere Real Estate Central Kelly Right RE of Seattle LLC
List Price
$357,500
Sale to List
4% under list
Days on Market
45 days
21906 56th Ave W Unit C4, 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

4/10

Mountlake Terrace Elementary School

Public • K-6

395

Students

7 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

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

Subsidiaries

Affiliated Business

Countries

United States

Canada

Updated September 2025: 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, 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

All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.

Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.

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.