Everett, Washington Housing Market Prices
Everett Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
-
Median home price 17% above the Washington median$568,921
-
Median rent 2% below the Washington median$1,725
Housing Market Overview
| Metric | Everett | Washington Avg | US Average |
|---|---|---|---|
| Median Home Price | $568,921 | $485,016 | $248,835 |
| Price Trend (Annual %) | 13.4% | 10.9% | 7.5% |
| Median Gross Rent | $1,725 | $1,759 | $1,407 |
| Rent Trend (Annual %) | 6.9% | 6.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Everett is about 17% higher than in Washington. Rent is about 2% lower than the Washington average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Everett, up about 13.4% and 6.9% a year respectively. Home prices are changing faster.
Median rent in Everett rose about 77.1% between 2015 and 2024, from $974 to $1,725. Over the same span, rent in Washington rose about 73.4%.
Affordability
On average, housing unit costs 6.6 yearly household incomes in Everett.
Buying the median-priced home in Everett costs roughly 27.5 years of rent at the median monthly rate. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Everett. The price-to-rent ratio in Washington is about 23.0.
| Metric | Everett | Washington Avg | US Average |
|---|---|---|---|
| Median Home Price | $568,921 | $485,016 | $248,835 |
| Median Household Income | $85,849 | $98,224 | $80,455 |
| Price-to-Income Ratio | 6.6 | 4.9 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Everett rose about 155.9%, while median household income rose about 61.0% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Everett | Washington Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 48.2% | 59.1% | 58.5% |
| Rental Rate | 45.3% | 33.6% | 31.2% |
| Vacancy Rate | 6.4% | 7.3% | 10.2% |
| Median Tenure (years) | 11.0 | 14.0 | 15.0 |
| Median Year Moved In | 2015 | 2012 | 2011 |
Everett has a homeownership rate of 48.2%, lower than the Washington average of 59.1%. Its housing vacancy rate is 6.4%, compared with 7.3% in Washington.
Housing Stock
| Metric | Everett | Washington Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.45 people | 2.50 people | 2.53 people |
| Median Structure Built Year | 1977 | 1983 | 1978 |
| Median Number of Rooms | 4.9 | 5.5 | 5.5 |
The typical housing unit in Everett was built around 1977. On average, 2.5 people live in a home with about 4.9 rooms, staying for about 11.0 years on average.
Everett, WA Housing Compared With Nearby Cities
How Everett, WA compares with the 1 cities closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Everett, WA | 112,662 | $568,921 #2/2 | $1,725 #2/2 | 51.6% #2/2 |
| Eastmont, WA | 25,029 | $687,158 | $2,406 | 80.9% |
Frequently Asked Questions
Common questions about the housing market in Everett, Washington.
What is the median home price in Everett, Washington?
The median home price in Everett, Washington is $568,921, higher than the Washington average of $485,016.
What is the average home price in Everett, Washington?
The typical home price in Everett, Washington, reported as the median sale price, is $568,921. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Everett, Washington?
The median gross rent in Everett, Washington is $1,725 per month, lower than the Washington average of $1,759.
What was the median gross rent in Everett in 2020?
In 2020, the median gross rent in Everett, Washington was $1,299 per month.
What is the price-to-rent ratio in Everett, Washington?
The price-to-rent ratio in Everett, Washington is about 27.5, meaning it would take roughly 27.5 years of rent payments at the median rent to equal the median home price. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Everett.
Are home prices or rent rising faster in Everett, Washington?
Both home prices and rent are rising in Everett, up about 13.4% and 6.9% a year respectively. Home prices are changing faster.
What is the homeownership rate in Everett, Washington?
48.2% of households in Everett, Washington own their home, lower than the Washington average of 59.1%.
What is the vacancy rate in Everett, Washington?
The housing vacancy rate in Everett, Washington is 6.4%, lower than the Washington average of 7.3%.
Analyze any area in the US
Get local demographics for any address, aggregated by drive time or radius, on the interactive map.
Explore the map →