Is Lynnwood, WA 98036 a buyer’s or seller’s market?

The Lynnwood housing market right now

In the three months ending August 31, 2026, 22% of homes in Lynnwood, WA 98036 sold above their list price, the typical home went under contract in 13 days and there were 2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 125 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 26%, homes sold more slowly (7 days then) and the median sale price rose 3% to $798,155. Overall, Lynnwood is less competitive than a year ago, which gives buyers more room.

Within Snohomish County, homes here sell faster than in 68% of the county’s ZIP codes, and sell less often over asking than in 60%. On our competition score, Lynnwood ranks #69 of 298 WA ZIP codes with enough sales (score 68 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.