Is Snohomish, WA 98296 a buyer’s or seller’s market?
Snohomish is a seller’s market. With about 2.5 months of supply and 22% 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 67% of U.S. ZIP codes, and #96 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 Snohomish housing market right now
In the three months ending August 31, 2026, 22% of homes in Snohomish, WA 98296 sold above their list price, the typical home went under contract in 25 days and there were 2.5 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 117 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 12%, homes sold faster (27 days then) and the median sale price fell 7% to $959,585. Overall, Snohomish is more competitive than a year ago, so tougher for buyers.
Within Snohomish County, homes here sell more slowly than in 92% of the county’s ZIP codes, and sell less often over asking than in 68%. On our competition score, Snohomish ranks #96 of 298 WA ZIP codes with enough sales (score 64 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 98296
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 Snohomish nearby
Find towns like Snohomish in other states →Where Snohomish is
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Questions about Snohomish real estate
Is Snohomish a buyer’s or seller’s market?
A seller’s market: there were 2.5 months of supply in Snohomish, WA 98296 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 Snohomish?
The typical home went under contract in 25 days in the latest three months.
Do homes in Snohomish sell over asking?
22% of homes sold above their original list price, and the typical sale closed at 99.8% of the list price.
What are property taxes in Snohomish?
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 Snohomish?
The median sale price was $959,585 in the three months ending August 31, 2026, about $406 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