Is Edmonds, WA 98020 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Edmonds is a seller’s market. With about 1.5 months of supply and 31% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Competition score80/ 100

More competitive than 85% of U.S. ZIP codes, and #14 of 298 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply1.5Under 4 months = seller’s market
Sold above original list30.7%Share of sales, last 3 months
Median sale-to-list100.8%Sold price ÷ list price
Median days on market13Listing to accepted offer
Median price per sq ft$625▲ +4.0% vs. last year

The Edmonds housing market right now

In the three months ending August 31, 2026, 31% of homes in Edmonds, WA 98020 sold above their list price, the typical home went under contract in 13 days and there were 1.5 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 104 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 24%, homes sold more slowly (8 days then) and the median sale price rose 9% to $1,199,481. Overall, Edmonds is more competitive than a year ago, so tougher for buyers.

Within Snohomish County, homes here sell faster than in 68% of the county’s ZIP codes, and sell more often over asking than in 80%. On our competition score, Edmonds ranks #14 of 298 WA ZIP codes with enough sales (score 80 out of 100).

Nearby, buyers who want less competition could look at Lynnwood 98087 (11% sold over asking) or Bothell 98012 (12% sold over asking), while Index 98256 (50% sold over asking) and Sultan 98294 (33% sold over asking) are even more competitive.

Nearby markets

Arlington 98223Seller’s market $389 /sq ftBothell 98012Seller’s market $437 /sq ftBothell 98021Seller’s market $475 /sq ftDarrington 98241Seller’s market $278 /sq ft Browse all markets →

Where Edmonds is

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Questions about Edmonds real estate

Is Edmonds a buyer’s or seller’s market?

A seller’s market: there were 1.5 months of supply in Edmonds, WA 98020 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Edmonds?

The typical home went under contract in 13 days in the latest three months.

Do homes in Edmonds sell over asking?

31% of homes sold above their original list price, and the typical sale closed at 100.8% of the list price.

What are property taxes in Edmonds?

About 0.77% of a home’s value a year in Snohomish County, or roughly $3,080 on a $400,000 home.

What is the median home price in Edmonds?

The median sale price was $1,199,481 in the three months ending August 31, 2026, about $625 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology