Is Snohomish County, WA a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Snohomish County is a seller's market


Difference Since March 2023

Since last year, Snohomish County has remained a Seller's Market.

Key Takeaway

Snohomish County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Snohomish County, WA

How much do homes in Snohomish County, WA cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since March 2023


Key Takeaway

Homes in Snohomish County have sold for 2.6% less than they did a year ago.

Summary: The median home sold price in Snohomish County was $700,022 in March 2024, down 2.6% from last year, and the median price per square foot was $389.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $316.5K$340K
2 $456.2K$472.6K
3 $649.9K$641K
4 $876.3K$849.7K
5+ $1.0M$1.0M

Summary: Snohomish County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.4%, 2 bedroom homes increased by 3.6%, 3 bedroom homes decreased by 1.4%, 4 bedroom homes decreased by 3%, and 5+ bedroom homes increased by 0.8%.

Median Sold Price Compared To Nearby Counties

Skagit County
Island County
King County
Snohomish County
Chelan County

Housing Supply in Snohomish County, WA

How many homes are available in Snohomish County, WA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE

Summary: The Snohomish County real estate market had 2,079 homes for sale in March 2024, a 12.1% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 5359
2 252301
3 715808
4 566647
5+ 268264

Summary: The Snohomish County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 11.3%, 2 bedroom homes increased by 19.4%, 3 bedroom homes increased by 13%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes decreased by 1.5%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE

Asking Price vs. Sold Price

126 Homes Were Sold
Under Asking

220 Homes Were Sold
At Asking

311 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Snohomish County, you could pay more than the asking price. 47.3% of homes here sold above asking price last month.

Summary: A total of 657 homes were sold or pending in Snohomish County in March 2024, up by 5.0% month-over-month. Of the 657 sold homes, 19% were sold under asking, 33% were sold at asking, and 47% were sold over asking.

Days on Market for Snohomish County, WA

How long does it take to sell a home in Snohomish County, WA?

Average Sale Time

Mar 2023Mar 2024CHANGE
40 Days22 Days-45.2%

Summary: Homes in Snohomish County had an average of 22 days on market in Mar 2024, down by 45.2% compared to last year.

Breakdown of Home Sale Times

537 Homes Were Sold
Under 30 Days

65 Homes Were Sold
In 30 - 90 Days

55 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Snohomish County are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 657 homes were sold in Snohomish County; 82% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 24 Days Ago

Newest Listings in Snohomish County, WA

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