What’s happening in Everett’s housing market right now? Everett’s market is uneven in spring 2026. Homes under $750K are moving fast — sometimes within days. The higher end is slower and more price-sensitive. The median sale price has softened from recent highs, with Redfin reporting a February 2026 median of $547,000. Here’s what buyers, sellers, and renters should know heading into spring.

Every month we try to give you a real read on what’s happening in Everett’s housing market — not the national headlines, not the Puget Sound generalities, but what’s actually moving (or not moving) on the ground in our city. This month’s picture is more nuanced than the headline numbers suggest, so let’s dig in.

The Headline Numbers: What Everett Homes Are Actually Selling For

As of the most recent data available for early 2026, the median sale price of a home in Everett was $547,000 — according to Redfin data through February 2026. That’s down about 11.6% compared to the same period a year ago, and the median sale price per square foot sits at $394, which is actually up 0.9% year-over-year.

Zillow’s methodology shows a slightly different picture: the average home value in Everett at approximately $619,916, down about 5.9% over the past year. The difference between Redfin’s and Zillow’s numbers reflects different calculation methods — Redfin uses actual sale prices, Zillow uses estimated market value — but both point in the same direction: a market that has cooled from its 2022–2023 peak but remains active.

The Split Market: It Depends Entirely on Your Price Point

Here’s what local market data is showing us, and it’s important: Everett’s housing market is not performing uniformly. It’s splitting cleanly by price point.

Under $750,000: Active and Moving

If you’re buying or selling under $750,000, you’re in the strongest part of the market right now. Homes in this range are attracting active buyers, moving quickly, and holding their value well. This is where first-time buyers and move-up buyers are competing, and competition is real enough that sellers in this range are seeing offers near — or at — list price.

$750,000–$949,000: Active But Selective

The upper-middle tier is moving, but only for homes that are priced right and show exceptionally well. Overpriced homes in this range are sitting. Buyers at this price point have options and they know it — they’ll wait for the right product at the right price. Sellers need to be realistic.

$950,000+: Slow

The luxury tier in Everett has slowed noticeably. Days on market are longer and price reductions are more common. This reflects both the interest rate environment and the reality that Everett’s luxury buyer pool is thinner than comparable markets in Bellevue or Kirkland.

The Fastest Moving Property Type Right Now: Townhomes

If there’s one standout in Everett’s spring 2026 market, it’s townhomes. The average time to go under contract for a townhome in Everett is running at approximately 6 days — among the fastest of any property type in the city. Of 21 townhomes that sold in the most recent tracked month, that 6-day average tells you exactly how much demand exists for this product.

Why? Townhomes hit the under-$750K sweet spot for most Everett buyers, they offer more square footage than a condo at a lower price point than a detached single-family home, and their maintenance profile appeals to working households who don’t want to deal with a yard. In a market where detached homes can feel out of reach, townhomes have become the go-to entry point.

New Construction: Inventory Without Buyers

New construction is telling an interesting story right now. There’s a solid inventory of new builds in the Everett area — but actual sales activity has been light. In a recent tracked month, only one new construction home sold, and it went over list price. That single data point tells you two things simultaneously: buyers are discerning about new construction (often due to price or location), but when the right product shows up, competition emerges fast.

Watch this space as the Millwright District’s 300+ new waterfront apartments come online in 2026 — they’ll be rental product, not for-sale, but they’ll add significant new inventory to the overall residential supply picture along the waterfront.

What’s Driving the Year-Over-Year Softening?

The 11.6% year-over-year decline in Everett’s median sale price isn’t a crash — it’s a correction from the extraordinary run-up the market saw in 2021–2023. Several factors are at play:

• Interest rates — Mortgage rates remain elevated compared to the pandemic-era lows that fueled the frenzy. Monthly payments on a median-priced Everett home are significantly higher than they were in 2021 even at a lower purchase price.
• More inventory — More sellers entered the market in 2025 and 2026 as people who had been waiting for rates to drop decided to move anyway. More supply = less upward price pressure.
• National uncertainty — Broader economic uncertainty has made some buyers cautious, especially in the upper price tiers.

If You’re Buying in Everett Right Now

Spring 2026 is a legitimate window for buyers who’ve been waiting. The market has softened from its peak. The under-$750K range is competitive but not frantic — offers are coming in at or near list, not 20% over with waived inspections. You have more time to think, but not unlimited time: well-priced homes in good locations are still moving in days, not weeks.

If you’re targeting a townhome, move fast. That segment is the hottest in the city right now. If you’re looking at detached single-family above $750K, you have negotiating room — use it.

If You’re Selling in Everett Right Now

Pricing matters more than it has in years. The “just price it high and see what happens” strategy that worked in 2021–2022 doesn’t work in spring 2026. Homes that are priced to the current market are selling well and quickly. Overpriced homes are sitting and requiring reductions — which signals weakness to buyers and costs you time and money.

The good news: if you bought before 2020 and you’re selling now, you’re almost certainly still well ahead on appreciation. The correction has pulled prices back from peak, not back to pre-pandemic levels.

Frequently Asked Questions

What is the median home price in Everett WA in 2026?

As of early 2026, Redfin data shows a median sale price of approximately $547,000 in Everett, WA, with a median price per square foot of $394. Zillow’s estimate for average home value in Everett is approximately $619,916. Both metrics reflect a modest year-over-year decline from 2025 peaks.

Is the Everett housing market a buyer’s or seller’s market in 2026?

It’s a split market. Under $750,000 — where most Everett transactions occur — it’s still fairly competitive for sellers, with homes moving quickly and near list price. Above $750,000, buyers have more leverage, more options, and more time to negotiate.

How long does it take to sell a home in Everett WA?

It depends heavily on property type and price point. Townhomes in Everett are averaging approximately 6 days to go under contract in spring 2026 — among the fastest of any property type. Detached single-family homes in the $750K–$950K range are taking longer, sometimes weeks, if not priced correctly.

Are Everett home prices going up or down in 2026?

Prices are modestly down year-over-year compared to early 2025, with Redfin showing approximately an 11.6% decline in median sale price and Zillow showing approximately a 5.9% decline in average home value. Both reflect a correction from 2022–2023 peaks rather than a significant crash.

What types of homes are selling fastest in Everett in 2026?

Townhomes are the fastest-moving property type in Everett’s spring 2026 market, averaging approximately 6 days to go under contract. They hit the high-demand under-$750K price range and offer more space than condos at a lower price than detached homes.

Is new construction available in Everett WA?

Yes, there is new construction inventory available in the Everett market in 2026, but sales activity has been relatively slow — only one new construction home sold in a recent tracked month, though it went over list price. The Millwright District at Waterfront Place is adding 300+ new rental units to the market in 2026.

Q: What is the median home price in Everett WA in April 2026?
A: The median home price in Everett, WA is $635,000 as of April 2026, down 0.8% year-over-year, with 190 new listings and homes spending a median of just 11 days on the market.

Everett Housing Market Update: April 2026 — What Buyers and Sellers Are Seeing Right Now

We pull together a monthly snapshot of the Everett housing market because the numbers tell a story that generic regional reports often miss. Everett is not Bellevue, and it is not Marysville — it has its own supply dynamics, its own buyer pool, and its own relationship between price and pace. Here is what the April 2026 data is showing us.

The Headline Numbers

The median home price in Everett, WA sits at $635,000 over the last 30 days, which is down 0.8 percent year-over-year. That modest year-over-year dip is worth noting, but it should not be read as a cooling market — the pace data tells a very different story. The median days on market is 11 days. There are 190 new listings that have come to market. Total active inventory is 410 homes for sale, which is up 18.2 percent compared to the same period last year.

More inventory, slightly lower median price, and homes still moving in under two weeks. That is the compressed version of where the Everett market sits right now.

The Market Is Splitting by Price Point

The most interesting dynamic in Everett right now is not the headline median — it is what is happening at different price points. Local market data is showing a distinct segmentation:

Homes priced under $750,000 are moving fast. Buyers in this range have very little time to deliberate before a well-priced home goes under contract. This is the core Everett market where competition remains sharp despite the inventory increase.

The $750,000 to $949,000 range has shifted notably. What was a slower, more deliberate segment has flipped to become extremely competitive in recent weeks. Buyers who were expecting more negotiating room in this range are finding less of it than they anticipated. This is a meaningful change for move-up buyers and for anyone relocating from Seattle or Bellevue who might be looking for more space at a price point below the million-dollar threshold.

Above $950,000, conditions are more variable, but even here the pace has accelerated. Segments that were sitting at around three months’ inventory-equivalent pace have compressed to under two weeks in some cases. High-end inventory in Everett remains limited, and when well-priced properties hit the market, they are not lingering.

The Sale-to-List Price Ratio

Everett homes are closing at a median sale-to-list price ratio of 100 percent — meaning the typical home is selling right at asking price. That is flat compared to the same period last year. Approximately 30.77 percent of homes sold above list price, which is down about 1.9 percentage points year-over-year. So slightly fewer bidding wars than a year ago, but competition is still very real for correctly priced homes.

The 100 percent sale-to-list ratio in a market with 11-day median days on market is a signal that sellers are pricing correctly and buyers are not finding much room to negotiate below list. If you are a buyer hoping to come in under asking price and negotiate your way to a deal, the data suggests that strategy is not working well in Everett right now, particularly under $750,000.

What the Inventory Increase Actually Means

A 18.2 percent year-over-year increase in total homes for sale sounds like a lot, and it is worth contextualizing. Everett’s inventory base was tight in 2025, so the increase from that compressed baseline still leaves total inventory relatively lean compared to balanced market conditions. Four hundred and ten active listings across a city of Everett’s size is not an abundance of choice for buyers — it is more options than last year, but not a buyer’s market by any meaningful definition.

The inventory increase is healthy. It gives buyers more options, reduces panic-buying dynamics, and contributes to the slight year-over-year softening in the median price. But it has not fundamentally shifted the supply-demand balance that has characterized Everett’s housing market for several years.

The Development Context: New Supply Coming Online

It is worth connecting the housing market numbers to the development activity we cover on this desk. The Port of Everett’s Waterfront Place project is adding residential and mixed-use capacity to the waterfront. The downtown core is seeing investment and potential transformation around the planned Outdoor Event Center site. These are not immediate supply additions that show up in April 2026 inventory numbers, but they represent the medium-term supply pipeline for Everett’s housing market.

Sound Transit’s Everett Link Extension — targeted for a Paine Field phase by 2037 — will have more immediate effects on housing demand near future station areas well before tracks are laid, as buyers and investors begin positioning around transit corridors. That dynamic is worth watching in neighborhoods adjacent to planned station sites.

For Buyers in April 2026

If you are shopping in Everett right now, the practical reality is: move quickly in the sub-$750,000 range and do not assume you have room to negotiate. The $750,000 to $949,000 range has tightened up, so if you were waiting for a softer moment there, you may have missed it. Above $950,000 is less predictable — specific properties and neighborhoods matter more at that price point than market-wide averages suggest.

Pre-approval and a clear understanding of your walk-away number are more important than they were a year ago when the market had slightly more breathing room.

For Sellers in April 2026

Correct pricing still matters. The 100 percent sale-to-list ratio reflects a market where sellers are pricing accurately and buyers are accepting those prices — not a market where sellers can pad the list price and expect to negotiate down to a reasonable number. Homes that come in overpriced are taking longer and sometimes requiring price cuts that cost more time and money than pricing right the first time.

The 11-day median days on market means a well-priced, well-presented home is under contract in under two weeks. That is a good market for sellers, but it rewards preparation and correct pricing rather than opportunism.