Is Mukilteo, WA 98275 a buyer’s or seller’s market?
Mukilteo is a seller’s market. With about 3.2 months of supply and 18% 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.
More competitive than 58% of U.S. ZIP codes, and #159 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
The Mukilteo housing market right now
In the three months ending August 31, 2026, 18% of homes in Mukilteo, WA 98275 sold above their list price, the typical home went under contract in 16 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 78 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 21%, homes sold faster (20 days then) and the median sale price fell 3% to $914,604. Overall, Mukilteo is about as competitive as it was a year ago.
Within Snohomish County, homes here sell faster than in 52% of the county’s ZIP codes, and sell less often over asking than in 88%. On our competition score, Mukilteo ranks #159 of 298 WA ZIP codes with enough sales (score 56 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.
Run the numbers for 98275
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 →Towns like Mukilteo nearby
Find towns like Mukilteo in other states →Where Mukilteo is
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Questions about Mukilteo real estate
Is Mukilteo a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Mukilteo, WA 98275 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 Mukilteo?
The typical home went under contract in 16 days in the latest three months.
Do homes in Mukilteo sell over asking?
18% of homes sold above their original list price, and the typical sale closed at 98.9% of the list price.
What are property taxes in Mukilteo?
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 Mukilteo?
The median sale price was $914,604 in the three months ending August 31, 2026, about $418 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