Mountlake Terrace Real Estate Market
Mountlake Terrace Housing Market Report
Mountlake Terrace is the value entry on the Link light-rail line — a compact, mid-century city on the King County border where a direct train to Seattle meets the north end's most attainable station-served single-family prices. This report covers how the Town Center buildout, the transit walkshed, and Edmonds School District demand shape values for buyers and sellers.
Page author
Adriano Tori
Designated Broker, Founder & CEO — RexMont Real Estate · WA Lic. #21220
Adriano leads RexMont Real Estate — the most-reviewed real estate brokerage in Seattle and the Eastside. 1,200+ closed transactions, $1B+ in production, and 1,235 five-star Google reviews.
Market context
What shapes Mountlake Terrace's market.
Position is the whole story. Mountlake Terrace sits directly on the Snohomish–King county line with its own Link station, which means buyers priced out of Shoreline and North Seattle can move one stop north without giving up the train. That arbitrage — King County transit access at a Snohomish County price — is the engine behind the city's buyer demand.
The housing stock is dominated by post-war and mid-century single-family homes on established, tree-lined streets. Condition varies widely: some homes are original, many are updated, and the spread between the two is where pricing gets decided. Buyers comparing two similar ramblers a street apart are often really comparing two very different renovation histories.
The Town Center is the growth front. The city has concentrated its density around the transit hub — new apartments, townhomes, and street-level retail replacing the old low-rise commercial core. The result is a genuinely walkable center forming around the station, with the surrounding single-family blocks absorbing the demand it generates.
Edmonds School District serves the city, the same district as Edmonds and Lynnwood. Combined with quick I-5 access and the station, that puts Mountlake Terrace on the shortlist for two buyer pools at once: Seattle commuters chasing the train and families buying the most attainable path into the district.
Coverage
Service area at a glance
RexMont represents buyers and sellers across these Seattle and Eastside markets. Click any city for the full local guide.
Bellevue, WA
ZIPs: 98004 · 98005 · 98006 · 98007 · 98008
Schools: Bellevue SD
Medina, WA
ZIP: 98039
Schools: Bellevue SD
Clyde Hill, WA
ZIP: 98004
Schools: Bellevue SD
Mercer Island, WA
ZIP: 98040
Schools: Mercer Island SD
Kirkland, WA
ZIPs: 98033 · 98034
Schools: Lake Washington SD
Redmond, WA
ZIPs: 98052 · 98053
Schools: Lake Washington SD
Sammamish, WA
ZIPs: 98074 · 98075
Schools: Lake Washington / Issaquah SD
Issaquah, WA
ZIPs: 98027 · 98029
Schools: Issaquah SD
Newcastle, WA
ZIPs: 98056 · 98059
Schools: Renton SD
Woodinville, WA
ZIPs: 98072 · 98077
Schools: Northshore SD
Kenmore, WA
ZIP: 98028
Schools: Northshore SD
Seattle, WA
ZIPs: 98101 · 98109 · 98112 · 98115 · 98118
Schools: Seattle Public Schools
Buying in Mountlake Terrace
Mountlake Terrace buyers compete hardest for updated single-family homes inside the station walkshed. The win is knowing which original-condition homes are sound projects and which are money pits — and moving fast when the right one lists. RexMont brings inspection-informed offer strategy to every Mountlake Terrace purchase.
Talk to a Mountlake Terrace buyer agentSelling in Mountlake Terrace
Mountlake Terrace sellers should price the transit premium where it applies and the condition story everywhere. RexMont's listing team positions your home against the right comps — updated versus original, walkshed versus not — so the listing competes at full strength from day one.
Get your Mountlake Terrace home valueLive NWMLS data
Active homes for sale in Mountlake Terrace
The latest active NWMLS listings in Mountlake Terrace, refreshed hourly.
- Median price
- $600K
- Median $/sqft
- $428
- Avg days on market
- 30
- Listings for sale
- 47+
ActiveNew today$775,000
MLS# 25667605501 240th Street Sw #a
Mountlake Terrace, WA 98043
3 bd2.25 ba1,830 sqftListing courtesy of Windermere R.E. Shoreline
Active1 day on market$875,000
MLS# 256631821516 52nd Avenue W
Mountlake Terrace, WA 98043
6 bd3.5 ba3,216 sqftListing courtesy of Upgrade Realty
ActiveNew today$624,950
MLS# 25662715607 240th Street Sw
Mountlake Terrace, WA 98043
3 bd1 ba1,134 sqftListing courtesy of Real Broker LLC
Active1 day on market$450,000
MLS# 256623523007 Lakeview Drive #a303
Mountlake Terrace, WA 98043
2 bd1.75 baListing courtesy of John L. Scott Woodinville
Active2 days on market$390,000
MLS# 25617344409 216th Street Sw #d
Mountlake Terrace, WA 98043
2 bd1.75 baListing courtesy of John L. Scott Snohomish
Active2 days on market$500,000
MLS# 255877822306 39th Avenue W
Mountlake Terrace, WA 98043
6 bd2.5 ba2,202 sqftListing courtesy of Windermere Real Estate/M2, LLC
Active3 days on market$250,000
MLS# 256351521429 44th Avenue W #24
Mountlake Terrace, WA 98043
2 bd1.5 baListing courtesy of Around the Clock, Inc.
Active12 days on market$659,950
MLS# 256063423504 58th Avenue W
Mountlake Terrace, WA 98043
3 bd2 ba1,392 sqftListing courtesy of Skyline Properties, Inc.
Active4 days on market$315,000
MLS# 255980322105 66th Avenue W #1c
Mountlake Terrace, WA 98043
2 bd1 baListing courtesy of COMPASS
Active9 days on market$459,999
MLS# 255836321904 56th Avenue W #b2
Mountlake Terrace, WA 98043
3 bd2.5 baListing courtesy of Every Door Real Estate
Active4 days on market$587,000
MLS# 255759123107 52nd Avenue W
Mountlake Terrace, WA 98043
2 bd0.75 ba672 sqftListing courtesy of Lotside
Active13 days on market$599,000
MLS# 25476414804 215th Lane Sw #37
Mountlake Terrace, WA 98043
2 bd2.5 ba1,253 sqftListing courtesy of Redfin
Active6 days on market$860,000
MLS# 254544221801 51st Avenue W
Mountlake Terrace, WA 98043
3 bd2 ba1,596 sqftListing courtesy of COMPASS
Active3 days on market$798,000
MLS# 255671423912 55th Avenue W
Mountlake Terrace, WA 98043
3 bd2.25 ba1,961 sqftListing courtesy of HomeSmart Real Estate Assoc
Active3 days on market$725,000
MLS# 255656023432 55th Avenue W #b
Mountlake Terrace, WA 98043
4 bd3.5 ba1,870 sqftListing courtesy of Windermere Real Estate Central
Active18 days on market$419,950
MLS# 255518123319 Cedar Way #k203
Mountlake Terrace, WA 98043
2 bd2.5 baListing courtesy of homecoin.com
Active1 day on market$1,175,000
MLS# 255111722425 69th Place W
Mountlake Terrace, WA 98155
4 bd3.25 ba2,699 sqftListing courtesy of Redfin
Active13 days on market$247,500
MLS# 25542045506 220th St A102
Mountlake Terrace, WA 98043
1 bd1 baListing courtesy of Windermere R.E. Shoreline
Active11 days on market$600,000
MLS# 254243622605 61st Avenue W
Mountlake Terrace, WA 98043
2 bd1 ba1,034 sqftListing courtesy of Windermere RE North, Inc.
Active28 days on market$114,950
MLS# 254775424222 54th Avenue W #65
Mountlake Terrace, WA 98043
2 bd1.75 baListing courtesy of Northwest HomePros LLC
Active11 days on market$895,000
MLS# 25331105700 212th Street Sw
Mountlake Terrace, WA 98043
2 bd1 ba768 sqftListing courtesy of Pacific Northwest Realty
Active2 days on market$829,900
MLS# 25507055208 213th Place Sw
Mountlake Terrace, WA 98043
5 bd3 ba1,864 sqftListing courtesy of CENTURY 21 North Homes Realty
Active4 days on market$609,000
MLS# 255049621410 50th Avenue W #2
Mountlake Terrace, WA 98043
3 bd2.5 baListing courtesy of CENTURY 21 Real Estate Center
Active16 days on market$489,500
MLS# 254962323333 Cedar Way #c201
Mountlake Terrace, WA 98043
3 bd2 baListing courtesy of Mezzanine Properties Inc
Active30 days on market$299,950
MLS# 254833021307 48th Avenue W #c208
Mountlake Terrace, WA 98043
1 bd1 baListing courtesy of Coastal Realty
Active9 days on market$415,000
MLS# 254275022703 Lakeview Drive #e1
Mountlake Terrace, WA 98043
3 bd1.5 baListing courtesy of Kelly Right RE of Seattle LLC
Active5 days on market$715,000
MLS# 254468622906 56th Avenue W #d
Mountlake Terrace, WA 98043
3 bd3 ba1,618 sqftListing courtesy of Redfin
Active3 days on market$435,000
MLS# 254415323301 Lakeview Drive #a101
Mountlake Terrace, WA 98043
2 bd1.75 baListing courtesy of Tribeca NW Real Estate
Active5 days on market$295,000
MLS# 25445194120 212th Street Sw #b301
Mountlake Terrace, WA 98043
2 bd1.75 baListing courtesy of Lake & Company
Active10 days on market$985,000
MLS# 25189284504 220th Sw Street Sw
Mountlake Terrace, WA 98043
3 bd2 ba1,493 sqftListing courtesy of We Lakeside
Active2 days on market$775,000
MLS# 25380724210 216th Street Sw
Mountlake Terrace, WA 98043
3 bd2.25 ba1,561 sqftListing courtesy of John L. Scott, Inc.
Active17 days on market$1,320,000
MLS# 252708022615 W 44th Ave
Mountlake Terrace, WA 98043
0 bd0 baListing courtesy of CENTURY 21 North Homes Realty
Active11 days on market$450,000
MLS# 253357923339 Cedar Way #a-205
Mountlake Terrace, WA 98043
3 bd2 baListing courtesy of Real Broker LLC
Active4 days on market$925,000
MLS# 252031322503 70th Place W
Mountlake Terrace, WA 98043
3 bd3 ba2,010 sqftListing courtesy of Redfin
Active5 days on market$1,120,000
MLS# 253003222615 69th Place W
Mountlake Terrace, WA 98043
4 bd3 ba2,699 sqftListing courtesy of We Lakeside
Active66 days on market$1,350,000
MLS# 25294154805 238th Street Sw
Mountlake Terrace, WA 98043
5 bd2.75 ba2,858 sqftListing courtesy of Windermere Real Estate/M2, LLC
Active61 days on market$320,000
MLS# 252359621305 48th Avenue W #b205
Mountlake Terrace, WA 98043
1 bd1 baListing courtesy of Windermere Real Estate/East
Active15 days on market$259,000
MLS# 251916621301 52nd Avenue W #b111
Mountlake Terrace, WA 98043
1 bd1 baListing courtesy of Windermere Real Estate Co.
Active6 days on market$265,000
MLS# 25165664118 212th Street Sw #c103
Mountlake Terrace, WA 98043
2 bd1 baListing courtesy of KW Greater Seattle
ActiveNew today$265,000
MLS# 24827275506 220th Street Sw #a-105
Mountlake Terrace, WA 98043
1 bd1 baListing courtesy of Pacific Properties
Active1 day on market$525,000
MLS# 251184823009 Lakeview Drive #b103
Mountlake Terrace, WA 98043
2 bd2 baListing courtesy of Skyline Properties, Inc.
Active24 days on market$714,000
MLS# 250680423304 55th Avenue W
Mountlake Terrace, WA 98043
4 bd1.75 ba1,667 sqftListing courtesy of Keller Williams Downtown Sea
Active107 days on market$665,000
MLS# 25088994404 229th Place Sw
Mountlake Terrace, WA 98043
3 bd1.5 ba1,404 sqftListing courtesy of Shiloh Street
Active9 days on market$1,599,900
MLS# 25042205903 244th Street Sw
Mountlake Terrace, WA 98043
0 bd0 baListing courtesy of AQUA Real Estate
Active53 days on market$550,000
MLS# 248738823906 60th Avenue W
Mountlake Terrace, WA 98043
4 bd1.75 ba1,344 sqftListing courtesy of eXp Realty
Active54 days on market$345,000
MLS# 24880914118 212th Street Sw #101c
Mountlake Terrace, WA 98043
2 bd1 baListing courtesy of COMPASS
Active54 days on market$240,000
MLS# 2417669Address withheld
Mountlake Terrace, WA 98043
0 bd0 baListing courtesy of HomeSmart Real Estate Assoc
Listing data courtesy of NWMLS. Provided for the consumer's personal, non-commercial use. Market stats reflect representative market data for Mountlake Terrace; current listings and individual neighborhoods may vary.
Search all Mountlake Terrace listings →Related markets
Compare Mountlake Terrace to nearby markets.
Snohomish County Market
The countywide view — how Mountlake Terrace fits among Snohomish County's transit and coastal markets.
Lynnwood Market
One station north — the Link terminus, the Alderwood corridor, and the City Center buildout.
Edmonds Market
The waterfront neighbor in the same school district — walkable downtown and view-lot premiums.
Seattle Market
One train ride south — the market many Mountlake Terrace buyers are arbitraging against.
Bothell Market
The other value play on the county line — cross-shopped by many of the same buyers.
Mountlake Terrace Homes for Sale
Active Mountlake Terrace listings from the station walkshed to the quiet west-side streets, updated from the NWMLS.
FAQ
Questions buyers and sellers ask first.
Is Mountlake Terrace a buyer's or seller's market?
Mountlake Terrace's single-family stock near the Link station and the Town Center tends to favor sellers — it is the most attainable light-rail-served single-family market on the north end, and that combination draws steady competition. The newer townhome and condo segments give buyers more selection and negotiating room.
Why is Mountlake Terrace called the value entry on the Link line?
Among the north-end cities with their own light-rail station, Mountlake Terrace generally offers the lowest-priced single-family entry point. Buyers get a direct train to Northgate, the University of Washington, and downtown Seattle at a price point below comparable transit-served neighborhoods in King County — which is exactly why the buyer pool here has widened since the station opened.
What is happening around the Mountlake Terrace Town Center?
The city has zoned the Town Center for denser, walkable mixed-use development around the transit hub, and new apartments and townhomes have followed. For buyers, that means growing attached-home selection near the station; for owners of the surrounding mid-century single-family homes, it means durable demand pressure from the transit walkshed.
What school district serves Mountlake Terrace?
Mountlake Terrace is served by the Edmonds School District, the same district that covers Edmonds and Lynnwood. Families cross-shop all three cities for the same school assignment, and Mountlake Terrace is frequently the most attainable way in.
How current is the market data on this page?
The market stats refresh monthly from regional market data and are reviewed by RexMont's brokerage team. The live listing stats on this page come from active NWMLS listings, so the inventory picture updates continuously.
How does RexMont represent Mountlake Terrace buyers and sellers?
RexMont agents price Mountlake Terrace on its two real variables — distance to the station and the condition spread across its mid-century housing stock. We help buyers separate cosmetic projects from structural ones on older homes, and we position listings to capture the transit premium where it genuinely applies.
The value entry will not stay quiet.
Markets built on an arbitrage — King County transit at Snohomish County prices — reward buyers and sellers who move with accurate information. RexMont brings 1,235 Google 5-star reviews and 1,200+ transactions to every Mountlake Terrace deal.
Talk to a Mountlake Terrace real estate expert