Everett, WA—98201
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Everett, WA
As of Oct '25, the median home price in Everett, WA is $546,000, with a year-over-year change of 0.4%. This indicates that home prices in Everett, WA are flat. According to Zillow, the 1-year price projection is 0.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $546,000 | 0.4% |
| Single Family | $560,000 | 0.2% |
| Condos | $368,000 | -0.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $352,000 | 1.7% |
2 Bed | $475,000 | 1.3% |
3 Bed | $573,000 | 0.2% |
4 Bed | $665,000 | 0.0% |
| 5 Bed | $790,000 | 0.8% |
% of Housing Stock
Rental Trends — Everett, WA
As of July '25, Rentcast reports the average rent in Everett, WA is $1,760, with a year-over-year rent change of -2.2%. Per bedroom, the median rent as of July '25 in Everett, WA is studios: $1,210, 1-bedrooms: $1,540, 2-bedrooms: $1,960, 3-bedrooms: $2,610, 4-bedrooms: $2,500. The most common rental property sizes in Everett, WA are 2-bedroom and 1-bedroom, accounting for 34.1% and 32.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,680 | $1,760 |
| Studio Rent | $1,250 | $1,210 |
| 1 Bed Rent | $1,500 | $1,540 |
| 2 Bed Rent | $1,880 | $1,960 |
| 3 Bed Rent | $2,400 | $2,610 |
| 4 Bed Rent | $2,500 | $2,500 |
% of Rental Stock
Property Listings — Everett, WA
As of Oct '25, Realtor.com reports that the median days on market for a home in Everett, WA is 48. This is a increase of 26.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 36.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $579,000 | 0.0% |
Listing Count | 77 | 10.0% |
| Listings as % of Homes | 0.3% | 10.0% |
Days on Market | 48 | 26.0% |
Demographics — Everett, WA
As of the latest ACS Survey released in 2023, Everett, WA has a population of 31,200, which has increased by 5.9% over the past 5 years. Everett, WA is a moderately popular place for families, as children make up 17.8% of the population. The area has a moderately educated workforce, with 29.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 31,200 | 5.9% |
% Under 18 | 17.8% | 2.3% |
% Seniors | 16.4% | 17.1% |
% WFH | 14.2% | 273.7% |
% w/ College Degree | 29.2% | 26.4% |
As of the latest ACS Survey released in 2023, Everett, WA is a predominantly white area, with 71.2% of the population identifying as white. The white population has shrunk by 2.7% in the last 5 years. The second most common race or ethnicity in Everett, WA is hispanic, making up 12.4% of the population. Foreign-born residents account for 10.4% of the population in Everett, WA, and this percentage has decreased by 8.8% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 71.2% | -2.7% |
% Black | 2.2% | -40.5% |
% Hispanic | 12.4% | 37.8% |
% Asian | 3.4% | -39.3% |
% Foreign Born | 10.4% | -8.8% |
Mortgage and Risk — Everett, WA
According to HUD data as of 2023, there were 381 mortgage originations in Everett, WA, of which 83.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 27.0% above 90% LTV (very high). This implies large mortgage risk in Everett, WA. Investor activity is low, as 2.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 381 |
% Conventional Loans | 83.0% |
% Government Loans | 17.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Everett, WA
As of 2024, the percent of homes in Everett, WA under the Section 8 program is 19.6%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Everett, WA, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 2,375 |
Total Units Section 8 | 2,346 |
% Rentals under Section 8 | 19.6% |
% Occupied Section 8 | 88.9% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $550 | $1,500 | $2,050 |
| 2 Bedroom | $510 | $1,880 | $2,390 |
| 3 Bedroom | $760 | $2,400 | $3,160 |
| 4 Bedroom | $1,180 | $2,500 | $3,680 |
Affordability — Everett, WA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.8 |
| Median Home Price | $546,000 |
| Median Household Income | $73,800 |