The housing market in Lynnwood, WA is strong. The median value of a home in this area is $763,900, which is much higher than the US House Median Value of $338,100. The US 1 year House Appreciation rate was 8.27%, while Lynnwood had an impressive 7.43% appreciation rate within the same time frame. This indicates that the housing market in Lynnwood is stabilizing and growing rapidly due to its desirable location and quality of life. There are many attractive features for potential homebuyers in this area such as excellent schools, easy access to public transportation and close proximity to shopping centers. With the continued growth projected, now may be a great time to purchase a home in 98036 Lynnwood, WA.
The median home cost in Lynnwood (zip 98036) is $763,900. Home appreciation the last 10 years has been 167.2%. Home Appreciation in Lynnwood (zip 98036) is up 14.8%.
Average Age of Homes
- The median age of Lynnwood (zip 98036) real estate is 37 years old
The Rental Market in Lynnwood (zip 98036)
- Renters make up 35.9% of the Lynnwood (zip 98036) population
- 2.0% of houses and apartments in Lynnwood (zip 98036), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.