Is Mukilteo, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mukilteo is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Mukilteo has remained a Seller's Market.

Key Takeaway

Mukilteo is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Mukilteo, WA

How much do homes in Mukilteo, WA cost?

Median Sold Price

$850,000

$439/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$25,000(+3.0%)

Key Takeaway

Homes in Mukilteo have sold for 3% more than they did a year ago.

Summary: The median home sold price in Mukilteo was $850,000 in October 2024, up 3% from last year, and the median price per square foot was $439.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $311.2K$322.5K
+3.6%
2 $570K$548.6K
-3.8%
3 $832.5K$850K
+2.1%
4 $981.5K$1.0M
+4.2%
5+ $1.1M$1.2M
+6.4%

Summary: Mukilteo housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.6%, 2 bedroom homes decreased by 3.8%, 3 bedroom homes increased by 2.1%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes increased by 6.4%.

Median Sold Price Compared To Nearby Cities

Everett
+7.4%
Mukilteo
+3.0%

Housing Supply in Mukilteo, WA

How many homes are available in Mukilteo, WA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
6967-2.9%

Summary: The Mukilteo real estate market had 67 homes for sale in October 2024, a 2.9% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 88
0.0%
2 2220
-9.1%
3 1615
-6.3%
4 2120
-4.8%
5+ 24
+100.0%

Summary: The Mukilteo housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 9.1%, 3 bedroom homes decreased by 6.3%, 4 bedroom homes decreased by 4.8%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2119-9.5%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mukilteo, you may be able to get a good deal. 57.9% of homes here sold below asking price last month.

Summary: A total of 19 homes were sold or pending in Mukilteo in October 2024, down by 9.5% month-over-month. Of the 19 sold homes, 58% were sold under asking, 26% were sold at asking, and 16% were sold over asking.

Days on Market for Mukilteo, WA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
46 Days41 Days-11.4%

Summary: Homes in Mukilteo had an average of 41 days on market in Oct 2024, down by 11.4% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

12 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Mukilteo has remained consistent over time.

Summary: During October 2024, 19 homes were sold in Mukilteo; 32% of homes were sold within 30 days, 63% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 16 Days Ago

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