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Median Home Price in Mountlake Terrace, WA

The median home value in Mountlake Terrace, WA is $678,553 as of 2026-07-31, down 2.09% from a year earlier.

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Median Home Value

$678,553

Year-over-Year

-2.09%

Population

21,595

Mountlake Terrace ranks #33 of 118 Washington cities tracked here by median home value, and sits 14.8% above the state's city median of $591,094. It sits in Snohomish County, where the county-wide median is $746,872.

Housing affordability in Mountlake Terrace

Median household income in Mountlake Terrace is $107,687, so the typical home value is about 6.3× annual household income. This is a simple price-to-income benchmark rather than a monthly payment estimate; it does not account for mortgage rates, down payments, taxes or insurance.

Household income comes from the U.S. Census Bureau's ACS 5-Year Estimates, table B19013 (how the affordability measure works).

Crime in Mountlake Terrace

Mountlake Terrace police recorded a violent crime rate of 194 per 100,000 residents in 2024 — around the middle of the range for reporting cities. Property crime runs at 2,190 per 100,000.

Reported by the city's own police department to the FBI's Uniform Crime Reporting Program (what this covers).

Common questions about Mountlake Terrace

What is the average home price in Mountlake Terrace, WA?

People often call this an average home price, but the figure shown here is Zillow's typical home value (ZHVI), not a simple arithmetic average. In Mountlake Terrace, that value is $678,553. That's down 2.09% from a year earlier. It is about 14.8% above the typical Washington city tracked here.

Is Mountlake Terrace expensive compared to the surrounding area?

Homes in Mountlake Terrace are cheaper than Snohomish County as a whole, where the median is $746,872 — a difference of about 9.1%.

Is Mountlake Terrace affordable?

Median household income here is $107,687, so the typical home value is about 6.3× annual household income. This ratio is a broad comparison measure, not a mortgage-payment estimate.

Is Mountlake Terrace a safe place to live?

Mountlake Terrace police reported 194 violent crimes per 100,000 residents, covering a population of about 21,595. Crime rates are one input among many — they vary block to block within a city, and this figure is a citywide average.