Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$576,334+0.7% YoY · prices are rising
Market right nowBalanced, leaning buyersMore homes for sale than last year, 20% have cut their price
Income needed to buy, per year$124,937About 1.4× the local median income ($89,774): a stretch for a typical household
Days on market66 daysSlower than a year ago: buyers have time to negotiate
Next 12 months+0.7%Zillow expects prices to rise slightly
The typical home in Mount Vernon-Anacortes, WA is worth $576,334, up 0.7% from a year ago. That is well above what local incomes have historically supported: fair value is about $508,961, so the area is 13.2% overvalued. It is a balanced market, leaning toward buyers: homes take about 66 days to sell, listings are up 26% from a year ago, 20% of listings have had a price cut. Zillow expects prices to rise about 0.7% over the next year. A household needs about $124,937 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 $89,774. Typical rent is $2,185 a month, or $2,754 for a house. In the latest IRS figures, 299 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
$576,334
Change in 1 year
+0.7%
Overvalued %
+13.2%
Show 7 more
Fair home value
$508,961
Change in 5 years
+13.3%
Zillow forecast, next 12 months
+0.7%
Home value to income
6.4×
Monthly mortgage payment (20% down)
$3,123
Income needed to afford it
$124,937
Property tax rate
0.79%
Rent and investing
Typical rent
$2,185
Typical rent for houses
$2,754
Price-to-rent ratio
22.0×
Show 3 more
HUD Fair Market Rent, 2 bedrooms
$1,668
Gross rental yield
4.55%
Cap rate (estimate)
2.96%
Market activity
Listings vs a year ago
+26.0%
Days on market
66
Listings with a price cut
19.9%
Show 3 more
Homes for sale
494
Pending sales per 100 listings
28
Asking price per sq ft
$366
People and jobs
Median household income
$89,774
Population change (1 year)
+0.5%
Unemployment rate
4.9%
Show 4 more
Population
132,975
Income adjusted for cost of living
$87,670
Net moves in (IRS)
+299
Cost of living (US = 100)
102.4
Schools, risk and environment
School rating (1 to 10)
4.8
FEMA hazard risk score (0 to 100)
88.8
Unhealthy air days a year
0
Show 4 more
Flood risk score
91.4
Wildfire risk score
52.5
Walkability (1 to 20)
6.6
Road, rail and air noise
53 dB
Questions people ask
Is Mount Vernon-Anacortes, WA overvalued?
Home prices in Mount Vernon-Anacortes, WA are well above what local incomes have historically supported: fair value is about $508,961, so the area is 13.2% overvalued.
Is Mount Vernon-Anacortes, WA a buyer's or seller's market?
Mount Vernon-Anacortes, WA is a balanced market, leaning toward buyers: homes take about 66 days to sell, listings are up 26% from a year ago, 20% of listings have had a price cut.
Are home prices going down in Mount Vernon-Anacortes, WA?
Home values in Mount Vernon-Anacortes, WA are up 0.7% over the last year. Zillow's forecast for the next 12 months is +0.7%.
How much do you need to earn to buy a home in Mount Vernon-Anacortes, WA?
A household needs about $124,937 a year to afford the typical home in Mount Vernon-Anacortes, WA at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $89,774.