Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$728,217−1.8% YoY · prices are falling
Market right nowBuyer's marketMore homes for sale than last year, 26% have cut their price
Income needed to buy, per year$157,862About 1.4× the local median income ($109,146): a stretch for a typical household
Days on market52 daysSlower than a year ago: buyers have time to negotiate
Next 12 months0.0%Zillow expects prices to stay about flat
The typical home in Snohomish County, WA is worth $728,217, down 1.8% from a year ago. That is well above what local incomes have historically supported: fair value is about $612,768, so the area is 18.8% overvalued. It is a buyer's market: homes take about 52 days to sell, listings are up 45% from a year ago, 26% of listings have had a price cut. Zillow expects prices to fall about 0.0% over the next year. A household needs about $157,862 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $109,146. Typical rent is $2,198 a month, or $3,355 for a house. In the latest IRS figures, 784 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$728,217
Change in 1 year
−1.8%
Overvalued %
+18.8%
Show 7 more
Fair home value
$612,768
Change in 5 years
+14.6%
Zillow forecast, next 12 months
0.0%
Home value to income
6.7×
Monthly mortgage payment (20% down)
$3,947
Income needed to afford it
$157,862
Property tax rate
0.77%
Rent and investing
Typical rent
$2,198
Typical rent for houses
$3,355
Price-to-rent ratio
27.6×
Show 3 more
HUD Fair Market Rent, 2 bedrooms
$2,549
Gross rental yield
3.62%
Cap rate (estimate)
2.35%
Market activity
Listings vs a year ago
+44.9%
Days on market
52
Listings with a price cut
26.3%
Show 3 more
Homes for sale
2,466
Pending sales per 100 listings
30
Asking price per sq ft
$392
People and jobs
Median household income
$109,146
Population change (1 year)
+1.1%
Unemployment rate
4.5%
Show 4 more
Population
870,656
Income adjusted for cost of living
$98,241
Net moves in (IRS)
+784
Cost of living (US = 100)
111.1
Schools, risk and environment
School rating (1 to 10)
6.7
FEMA hazard risk score (0 to 100)
97.9
Unhealthy air days a year
1
Show 4 more
Flood risk score
95.7
Wildfire risk score
61.5
Walkability (1 to 20)
10.7
Road, rail and air noise
53 dB
Questions people ask
Is Snohomish County, WA overvalued?
Home prices in Snohomish County, WA are well above what local incomes have historically supported: fair value is about $612,768, so the area is 18.8% overvalued.
Is Snohomish County, WA a buyer's or seller's market?
Snohomish County, WA is a buyer's market: homes take about 52 days to sell, listings are up 45% from a year ago, 26% of listings have had a price cut.
Are home prices going down in Snohomish County, WA?
Home values in Snohomish County, WA are down 1.8% over the last year. Zillow's forecast for the next 12 months is 0.0%.
How much do you need to earn to buy a home in Snohomish County, WA?
A household needs about $157,862 a year to afford the typical home in Snohomish County, WA at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $109,146.