Market Overview
Home Prices in Lynnwood, WA
The median home value in Lynnwood, WA is $769,569 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 2.6% compared to a year ago and up 0.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Lynnwood are priced88% above average. Lynnwood is part of the Seattle-Tacoma-Bellevue, WA metro area.
Over the past five years, Lynnwood home values have risen by approximately18.3%, reflecting steady appreciation in this market.
Price History
Lynnwood Home Price Trend
City Comparison
Lynnwood vs. National Median
At $769,569, homes in Lynnwood cost 88% above the national median of $410,000. Buyers in Lynnwood should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Lynnwood?
20% Down Payment
$153,914
on $769,569
Monthly P&I
$4,014/mo
30-yr @ 6.8%
Total Monthly Est.
~$5,098/mo
incl. taxes & insurance
Income Needed
$203,920
gross annual (30% rule)
10% Down Option
$76,957
+ PMI applies
Loan Amount (20% dn)
$615,655
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 Lynnwood, WA?
The median home value in Lynnwood is $769,569 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 2.6% year-over-year.
How much have home prices changed in Lynnwood?
Over the past year, home values in Lynnwood have decreased by 2.6%. Over five years, prices have risen approximately 18.3%.
How much do I need to earn to buy a home in Lynnwood?
To comfortably afford the median home price of $769,569 with a 20% down payment ($153,914) at today's rates (6.8%), you'd need a gross annual income of approximately $203,920. This assumes keeping total housing costs at or below 30% of gross income.
How does Lynnwood compare to the national average home price?
The national median home value is approximately $410,000. At $769,569, homes in Lynnwood are 88% above the national average.
What metro area is Lynnwood part of?
Lynnwood is part of the Seattle-Tacoma-Bellevue, WA metropolitan area. Home prices and market conditions can vary across the broader metro region.