Lynnwood Market Pulse
Four indicators that tell you where the Lynnwood residential market is heading — sourced directly from NWMLS and refreshed monthly.
A headline number rarely tells the whole story.
Scroll down for the complete view — every chart, every data point, three full years of context. Because the difference between a good decision and a great one is almost always in the trendline beneath the number.
See all graphs & dataSource: Northwest Multiple Listing Service® via InfoSparks (ShowingTime). Residential sales, Lynnwood segment. Reported figures are NWMLS data and are not guaranteed. Equal Housing Opportunity. Matthew Konsmo · Coldwell Banker Danforth.
June 2026 — Matthew’s Analysis of the Lynnwood Market
In June 2026, the median sales price across Lynnwood residential came in at $770,000, down 6.1% from the month prior, while the median price per square foot stood at $420. Year over year the median is down 8.6%, a signal of some give in pricing power in this market.
On the supply side, Lynnwood saw 142 new listings come to market in June 2026, against 189 homes for sale at month end. Active inventory is up 64.3% from a year ago, giving buyers a wider field of choices than they had last year. At roughly 3.0 months of supply, that points to a relatively balanced market by the conventional rule of thumb (under three months favors sellers, over six favors buyers).
Demand stayed active: 83 pending sales and 92 closings in June 2026. The median home took about 11 days to sell — a steady, workable pace. Sellers are realizing about 98.5% of their original list price — very close to their original asking price.
Taken together, the ten indicators describe a balanced Lynnwood market. Pricing has softened modestly year over year, while inventory and pace are the levers worth watching month to month. For a buyer or seller weighing a move, the right read is rarely a single headline number — it is the direction these series are trending together, which is exactly what the full charts below lay out.
Source: Northwest Multiple Listing Service® via InfoSparks (ShowingTime). Residential sales, Lynnwood segment. Analysis by Matthew Konsmo · Coldwell Banker Danforth. Figures are NWMLS data and are not guaranteed.
Lynnwood vs. Its 5 Closest Markets (Data through June 2026)
Six dimensions, scored relative to the 6 markets shown — the farther a city's line reaches, the stronger it reads on that dimension. Tap a city in the legend to show or hide it.
Lynnwood Housing Market Trends & Residential Sales Data
Thinking about buying or selling a Residential home in Lynnwood? This page tracks the Lynnwood real estate market using live Northwest Multiple Listing Service (NWMLS) data—updated monthly with median sale prices, days on market, closed sales, and inventory levels.
Because Lynnwood sits in south Snohomish County as a regional retail and transit hub—now anchored by light rail and seeing significant transit-oriented redevelopment, with a housing stock that ranges from established mid-century homes to townhomes, condos, and newer infill—tracking localized data is essential for understanding general market direction. Whether you are timing a purchase or preparing to list, the data below provides a clear, objective look at current market conditions.
Exploring the broader south Snohomish County market? See our guides for nearby Edmonds, Mountlake Terrace and Mill Creek.
Buying or selling a condo in Lynnwood? Condo Market Trends >
How Lynnwood Compares to Nearby Markets (Data through June 2026)
Median sales price, price per square foot, and median days on market across Lynnwood and its 5 closest NWMLS markets. Open any city for its full Market Pulse.
| City | Median Sales Price | Price / SqFt | Median Days on Market |
|---|---|---|---|
| Lynnwood Home market | $770,000 baseline | $420 baseline | 11 days baseline |
| Mountlake Terrace 2.7 mi away · View Market Pulse | $717,500 ▼ −6.8% vs Lynnwood | $471 ▲ +12% vs Lynnwood | 6 days ▼ −5 days vs Lynnwood |
| Brier 3.3 mi away · View Market Pulse | $960,000 ▲ +25% vs Lynnwood | $517 ▲ +23% vs Lynnwood | 7 days ▼ −4 days vs Lynnwood |
| Edmonds 3.5 mi away · View Market Pulse | $1,149,975 ▲ +49% vs Lynnwood | $518 ▲ +23% vs Lynnwood | 6 days ▼ −5 days vs Lynnwood |
| Woodway 4.3 mi away · View Market Pulse | $3,787,500 ▲ +392% vs Lynnwood | $956 ▲ +128% vs Lynnwood | 6 days ▼ −5 days vs Lynnwood |
| Lake Forest Park 5.1 mi away · View Market Pulse | $1,156,313 ▲ +50% vs Lynnwood | $447 ▲ +6.4% vs Lynnwood | 8 days ▼ −3 days vs Lynnwood |
Why Direct Comps Reign Supreme
While median and average prices are useful for identifying broad market shifts, they are often too “macro” when you are trying to value a specific front door. To find the true market value of a Lynnwood home, nothing beats a direct comparable (comp).
Contact Matthew for a Comparable Market Analysis on your home >
Direct comps account for the critical nuances that broader statistics completely ignore:
Hyper-Locality Matters
Lynnwood is in the middle of a real transformation, and that makes averages especially unreliable here. The arrival of the 1 Line at Lynnwood City Center—along with the upzoning and redevelopment around the transit center—has reset what proximity and walkability are worth, sometimes swinging value well beyond 5% to 10% depending on which side of a zoning line a home sits on. Add easy I-5 and I-405 access, the draw of the Edmonds School District, and the contrast between established subdivisions and new townhome construction, and a citywide average tells you little. A direct comp reflects the reality of the specific street and neighborhood.
Accounting for Quality and Finishes
Broad data points can’t distinguish between builder-grade finishes and high-end custom upgrades. Whether a home features standard laminate or custom mitered-edge quartz, direct comps allow for “line-item” adjustments. Much of Lynnwood’s stock is mid-century ramblers and split-levels, so two similar homes can diverge widely once one has been fully updated—and newer townhomes near the City Center play in a different segment entirely. Line-item adjustments ensure the premium investments made in a home’s interior are actually reflected in its valuation.
The “Vibe” Factor
Statistics often treat square footage as equal, but buyers don’t. A 1970s rambler on a quiet established street and a 2026 modern townhome steps from light rail might share the exact same footprint, yet they appeal to entirely different buyer pools. Using direct comps ensures you’re comparing “apples to apples” by matching the architectural style, character, and lifestyle appeal of a property.
The Bottom Line: If you want to know what a home is worth in today’s market, look past the ZIP code averages and focus on the three or four most similar properties that have closed nearby. That’s where the real data lives. Get the facts behind your home’s value. Contact me for a personalized CMA based on your Lynnwood property’s specific characteristics and current market data.