Snohomish County, Washington Housing Market Prices
Snohomish County 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.
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Median home price 13% above the Washington median Among the 5 most expensive counties in Washington$550,004
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Median rent 11% above the Washington median Among the 3 most expensive counties in Washington$1,948
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Snohomish County | Washington Avg | US Average |
|---|---|---|---|
| Median Home Price | $550,004 | $485,016 | $248,835 |
| Price Trend (Annual %) | 9.6% | 10.9% | 7.5% |
| Median Gross Rent | $1,948 | $1,759 | $1,407 |
| Rent Trend (Annual %) | 6.3% | 6.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Snohomish County is about 13% higher than in Washington. Rent is about 11% higher 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 Snohomish County, up about 9.6% and 6.3% a year respectively. Home prices are changing faster.
Median rent in Snohomish County rose about 69.0% between 2015 and 2024, from $1,152 to $1,948. Over the same span, rent in Washington rose about 73.4%.
Affordability
On average, housing unit costs 4.9 yearly household incomes in Snohomish County.
Buying the median-priced home in Snohomish County costs roughly 23.5 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 Snohomish County. The price-to-rent ratio in Washington is about 23.0.
| Metric | Snohomish County | Washington Avg | US Average |
|---|---|---|---|
| Median Home Price | $550,004 | $485,016 | $248,835 |
| Median Household Income | $111,921 | $98,224 | $80,455 |
| Price-to-Income Ratio | 4.9 | 4.9 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Snohomish County rose about 118.2%, while median household income rose about 61.6% 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 | Snohomish County | Washington Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 65.0% | 59.1% | 58.5% |
| Rental Rate | 30.4% | 33.6% | 31.2% |
| Vacancy Rate | 4.6% | 7.3% | 10.2% |
| Median Tenure (years) | 14.0 | 14.0 | 15.0 |
| Median Year Moved In | 2012 | 2012 | 2011 |
Snohomish County has a homeownership rate of 65.0%, higher than the Washington average of 59.1%. Its housing vacancy rate is 4.6%, compared with 7.3% in Washington.
Housing Stock
| Metric | Snohomish County | Washington Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.63 people | 2.50 people | 2.53 people |
| Median Structure Built Year | 1987 | 1983 | 1978 |
| Median Number of Rooms | 5.7 | 5.5 | 5.5 |
The typical housing unit in Snohomish County was built around 1987. On average, 2.6 people live in a home with about 5.7 rooms, staying for about 14.0 years on average.
Snohomish County, WA Housing Compared With Nearby Counties
Snohomish County, WA is the 2nd largest of the 6 counties compared here, 843,136 residents against a local median of 230,493. The measure that sets Snohomish County, WA apart most is median rent: $1,948, 17% above the local median of $1,661.
The counties themselves spread $556 on median rent, so Snohomish County, WA sits at one end of an already wide local range rather than apart from it. Snohomish County, WA has the 2nd highest median rent of the 6 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Snohomish County, WA | 843,136 | $550,004 #4/6 | $1,948 #2/6 | 68.2% #4/6 |
| Skagit County, WA | 131,328 | $412,493 | $1,536 | 70.1% |
| King County, WA | 2,275,758 | $833,657 | $2,092 | 55.4% |
| Whatcom County, WA | 230,493 | $487,382 | $1,555 | 63.7% |
| Island County, WA | 86,836 | $623,893 | $1,661 | 74.7% |
| Kitsap County, WA | 276,921 | $617,222 | $1,821 | 70.1% |
Frequently Asked Questions
Common questions about the housing market in Snohomish County, Washington.
What is the median home price in Snohomish County, Washington?
The median home price in Snohomish County, Washington is $550,004, higher than the Washington average of $485,016.
What is the average home price in Snohomish County, Washington?
The typical home price in Snohomish County, Washington, reported as the median sale price, is $550,004. 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 Snohomish County, Washington?
The median gross rent in Snohomish County, Washington is $1,948 per month, higher than the Washington average of $1,759.
What was the median gross rent in Snohomish County in 2020?
In 2020, the median gross rent in Snohomish County, Washington was $1,515 per month.
What is the price-to-rent ratio in Snohomish County, Washington?
The price-to-rent ratio in Snohomish County, Washington is about 23.5, meaning it would take roughly 23.5 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 Snohomish County.
Are home prices or rent rising faster in Snohomish County, Washington?
Both home prices and rent are rising in Snohomish County, up about 9.6% and 6.3% a year respectively. Home prices are changing faster.
What is the homeownership rate in Snohomish County, Washington?
65.0% of households in Snohomish County, Washington own their home, higher than the Washington average of 59.1%.
What is the vacancy rate in Snohomish County, Washington?
The housing vacancy rate in Snohomish County, Washington is 4.6%, lower than the Washington average of 7.3%.
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