Market Overview
Home Prices in Bonney Lake, WA
The median home value in Bonney Lake, WA is $678,955 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 0.7% compared to a year ago and up 0.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Bonney Lake are priced66% above average. Bonney Lake is part of the Seattle-Tacoma-Bellevue, WA metro area.
Over the past five years, Bonney Lake home values have risen by approximately13.8%, reflecting steady appreciation in this market.
Price History
Bonney Lake Home Price Trend
City Comparison
Bonney Lake vs. National Median
At $678,955, homes in Bonney Lake cost 66% above the national median of $410,000. Buyers in Bonney Lake should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Bonney Lake?
20% Down Payment
$135,791
on $678,955
Monthly P&I
$3,541/mo
30-yr @ 6.8%
Total Monthly Est.
~$4,497/mo
incl. taxes & insurance
Income Needed
$179,880
gross annual (30% rule)
10% Down Option
$67,896
+ PMI applies
Loan Amount (20% dn)
$543,164
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Bonney Lake, WA?
The median home value in Bonney Lake is $678,955 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 0.7% year-over-year.
How much have home prices changed in Bonney Lake?
Over the past year, home values in Bonney Lake have decreased by 0.7%. Over five years, prices have risen approximately 13.8%.
How much do I need to earn to buy a home in Bonney Lake?
To comfortably afford the median home price of $678,955 with a 20% down payment ($135,791) at today's rates (6.8%), you'd need a gross annual income of approximately $179,880. This assumes keeping total housing costs at or below 30% of gross income.
How does Bonney Lake compare to the national average home price?
The national median home value is approximately $410,000. At $678,955, homes in Bonney Lake are 66% above the national average.
What metro area is Bonney Lake part of?
Bonney Lake is part of the Seattle-Tacoma-Bellevue, WA metropolitan area. Home prices and market conditions can vary across the broader metro region.