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Everett, WA—98208

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$750,000
2.9% YoY Growth
Household Income
$103,000
17.8% YoY Growth
Days on Market
31
10.0% Longer YoY
Home Price Forecast
-1.2%
Median Rent
$2,830
1.8% YoY Growth
1-Bed Rent
$1,690
13.5% YoY Growth
2-Bed Rent
$1,900
15.5% YoY Growth
3-Bed Rent
$3,000
2.0% YoY Growth

Other Zip Codes in Everett, WA

982039820498201
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Everett, WA

As of May '26, the median home price in Everett, WA is $750,000, with a year-over-year change of -2.9%. This indicates that home prices in Everett, WA are decreasing. According to Zillow, the 1-year price projection is -1.2%, suggesting a decrease housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$750,000-2.9%
Single Family $765,000-2.9%
Condos $489,000-3.4%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed

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  • Affordability
  • Rentals and Section 8
    • $251,000
    -6.7%
    2 Bed
    		$482,000-3.6%
    3 Bed
    		$710,000-2.7%
    4 Bed
    		$852,000-3.2%
    5 Bed $955,242-3.6%
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    % of Housing Stock

    Studio
    1.5%
    1 Bedroom
    7.0%
    2 Bedrooms
    19.2%
    3 Bedrooms
    43.7%
    4 Bedrooms
    23.5%
    5+ Bedrooms
    5.1%

    Rental Trends — Everett, WA

    As of July '25, Rentcast reports the average rent in Everett, WA is $2,730, with a year-over-year rent change of -1.8%. Per bedroom, the median rent as of July '25 in Everett, WA is studios: $2,180, 1-bedrooms: $1,670, 2-bedrooms: $2,090, 3-bedrooms: $3,020, 4-bedrooms: $3,540. The most common rental property sizes in Everett, WA are 2-bedroom and 3-bedroom, accounting for 42.5% and 30.0% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$2,830$2,730
    Studio Rent $2,410$2,180
    1 Bed Rent $1,690$1,670
    2 Bed Rent $1,900$2,090
    3 Bed Rent $3,000$3,020
    4 Bed Rent $3,550$3,540
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    % of Rental Stock

    Studio
    3.7%
    1 Bedroom
    18.6%
    2 Bedrooms
    42.5%
    3 Bedrooms
    30.0%
    4 Bedrooms
    3.0%
    5+ Bedrooms
    2.2%

    Property Listings — Everett, WA

    As of May '26, Realtor.com reports that the median days on market for a home in Everett, WA is 31. This is a increase of 10.0% 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 35.0%, representing a large inventory and a lot of supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$826,0000.0%
    Listing Count
    		160-4.0%
    Listings as % of Homes0.3%-4.0%
    Days on Market
    		3110.0%
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    Demographics — Everett, WA

    As of the latest ACS Survey released in 2023, Everett, WA has a population of 60,600, which has increased by 5.8% over the past 5 years. Everett, WA is a moderately popular place for families, as children make up 22.0% of the population. The area has a moderately educated workforce, with 34.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.9% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		60,6005.8%
    % Under 18
    		22.0%-4.8%
    % Seniors
    		13.7%16.1%
    % WFH
    		15.9%194.4%
    % w/ College Degree
    		34.3%5.5%
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    As of the latest ACS Survey released in 2023, Everett, WA is a predominantly white area, with 54.7% of the population identifying as white. The white population has shrunk by 15.3% in the last 5 years. The second most common race or ethnicity in Everett, WA is asian, making up 17.1% of the population. Foreign-born residents account for 26.7% of the population in Everett, WA, and this percentage has increased by 34.2% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		54.7%-15.3%
    % Black
    		5.3%29.3%
    % Hispanic
    		14.4%15.2%
    % Asian
    		17.1%40.2%
    % Foreign Born
    		26.7%34.2%
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    Mortgage and Risk — Everett, WA

    According to HUD data as of 2023, there were 896 mortgage originations in Everett, WA, of which 89.0% of loans were conventional mortgages. The average loan-to-value was 51.0%, with 17.0% above 90% LTV (elevated). This implies medium mortgage risk in Everett, WA. Investor activity is low, as 2.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		896
    % Conventional Loans
    		89.0%
    % Government Loans
    		11.0%
    % Investor Loans
    		2.0%
    % Second Loans
    		0.0%
    % Cash Out Refinance
    		10.0%
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    Rentals and Section 8 — Everett, WA

    As of 2024, the percent of homes in Everett, WA under the Section 8 program is 15.1%. 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
    		1,140
    Total Units Section 8
    		1,140
    % Rentals under Section 8
    		15.1%
    % Occupied Section 8
    		89.2%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom$380$1,690$2,070
    2 Bedroom$510$1,900$2,410
    3 Bedroom$180$3,000$3,180
    4 Bedroom$150$3,550$3,700

    Affordability — Everett, WA

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio6.9
    Median Home Price$750,000
    Median Household Income$103,000

    Everett, WA — ZIP Code Boundary Map

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    Frequently Asked Questions