North Terrace, WA Housing Market

The North Terrace housing market is most competitive. The median sale price of a home in North Terrace was $695K last month, up 20.3% since last year. The median sale price per square foot in North Terrace is $446, down 27.9% since last year.

Trends
Demand
Market Insights
Schools
Climate

North Terrace Housing Market Trends

What is the housing market like in North Terrace today?

$695K

Sale Price

+20.3%
since last year

$446

Sale $/Sq. Ft.

-27.9%
since last year

Over List Price

2.9%

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.

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How hot is the North Terrace housing market?

North Terrace is most competitive. Homes sell in 7 days.

100

Most Competitive

Most homes get multiple offers, often with waived contingencies.
The average homes sell for about 3% above list price and go pending in around 7 days.
Hot homes
can sell for about 7% above 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 around list price and go pending in around 6 days.
Hot homes
can sell for about 3% above list price and go pending in around 4 days.

Seaview

100

Very Competitive

Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% above list price and go pending in around 6 days.
Hot homes
can sell for about 1% above list price and go pending in around 5 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|
8 Weeks Ago
~$750K Offer
Sold for $850K
3 bd | 2 ba | ~1,500 sqft
Over List Price
0%
Days on Market
5
Competing Offers
6
Down Payment
—
Kimberly Freutel
North Terrace Redfin Agent
Offer Not Accepted|
10 Weeks Ago
~$1.5M Offer
Sold for $1.5M
5 bd | 2.5 ba | ~2,500 sqft
Over List Price
0%
Days on Market
5
Competing Offers
1
Down Payment
—
Nina Bjornstal
North Terrace Redfin Agent

View houses in North Terrace that sold recently

Recently sold homes

SOLD MAY 16, 2025
$1,125,000 Last Sold Price
6 beds
6 baths
3,142 sq ft
3626 Larch Way, Lynnwood, WA 98036
Brian Alfi • Windermere R.E. Shoreline WPI Real Estate Services, Inc.
List Price
$1,125,000
Sale to List
0% over list
Days on Market
37 days
3626 Larch Way, Lynnwood, WA 98036
SOLD MAY 14, 2025
$375,000 Last Sold Price
2 beds
1 bath
883 sq ft
21305 48th Ave W Unit B202, Mountlake Terrace, WA 98043
Daniel Rike • CENTURY 21 North Homes Realty Windermere Real Estate Co.
List Price
$375,000
Sale to List
0% over list
Days on Market
50 days
21305 48th Ave W Unit B202, Mountlake Terrace, WA 98043
SOLD MAY 7, 2025
$825,000
5 beds
3 baths
2,600 sq ft
4409 218th St SW, Mountlake Terrace, WA 98043
List Price
—
Sale to List
—
Days on Market
—
4409 218th St SW, Mountlake Terrace, WA 98043
SOLD MAY 2, 2025
$1,500,000 Last Sold Price
5 beds
3.5 baths
2,956 sq ft
3603 216th Dr SW, Brier, WA 98036
Karie Anthony • RE/MAX Elite Kelly Right RE of Seattle LLC
List Price
$1,500,000
Sale to List
0% over list
Days on Market
22 days
3603 216th Dr SW, Brier, WA 98036
SOLD APR 21, 2025
$680,000 Last Sold Price
3 beds
1 bath
1,523 sq ft
4629 212th St SW, Lynnwood, WA 98036
Memo Galvan • Newberry Realty, Inc. Berkshire Hathaway HS NW
List Price
$699,950
Sale to List
3% under list
Days on Market
97 days
4629 212th St SW, Lynnwood, WA 98036
SOLD APR 18, 2025
$369,950 Last Sold Price
2 beds
2 baths
955 sq ft
4120 212th St SW Unit B205, Mountlake Terrace, WA 98043
Heidi Morrow • Best Choice Network LLC Keller Williams North Seattle
List Price
$369,950
Sale to List
0% over list
Days on Market
77 days
4120 212th St SW Unit B205, Mountlake Terrace, WA 98043
SOLD APR 18, 2025
$369,950
2 beds
2 baths
955 sq ft
4120 212th St SW Unit 205B, Mountlake Terrace, WA 98043
List Price
—
Sale to List
—
Days on Market
—
4120 212th St SW Unit 205B, Mountlake Terrace, WA 98043
SOLD APR 11, 2025
3D WALKTHROUGH
$832,000 Last Sold Price
3 beds
2 baths
1,553 sq ft
21904 54th Ave W, Mountlake Terrace, WA 98043
Christian Nossum • Wilson Realty Exchange, Inc. Designed Realty
List Price
$750,000
Sale to List
11% over list
Days on Market
15 days
21904 54th Ave 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

3/10

Mountlake Terrace Elementary School

Public • K-6

395

Students

6 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

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