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Sarah Mitchell

CNESRESABR

Compass Real Estate · Bonney Lake, WA

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Bonney Lake, WA(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Bonney Lake, WA Housing Market & Real Estate

Strong seller's market-6.1% YoY

Housing market overview · Updated monthly ·

$575,000median sale price

How is the Bonney Lake, WA housing market right now?

The median home sale price in Bonney Lake, WA is $575,000, down 6.1% year-over-year. Homes sell in an average of 11 days with 65 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Bonney Lake a buyer's or seller's market?

Strong seller's market2.2 months of supply11 avg. days on market

Bonney Lake, WA is currently a strong seller's market, based on 2.2 months of supply and homes selling in about 11 days. How we determine this →

Homes sold

29

Last 12 weeks

Days on market

11

Fast-moving

Active listings

65

2.2 months supply

Sale-to-list

100.5%

Above asking

What does the Bonney Lake housing market data show?

Current housing market statistics for Bonney Lake, WA
MetricValue
Median sale price$575,000
Median list price$700,000
Year-over-year price change-6.1%
Average days on market11 days
Active inventory65 listings
Months of supply2.2 months
Sale-to-list price ratio100.5%
Median price per sq ft$305/sq ft
Homes sold (latest month)29
New listings (latest month)47
Listings with a price cut35.4%
Market conditionStrong seller's market

Source: Redfin · Updated monthly

How much do homes cost in Bonney Lake by property type?

How the Bonney Lake, WA market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Bonney Lake, WA
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$595,000$305/sq ft279 days
Condo / Co-op$384,950$317/sq ft15 days
Townhouse$453,475$314/sq ft232 days

Source: Redfin · Updated monthly

The Bonney Lake housing market is currently classified as a strong seller's market with a median sale price of $575,000. Prices have fallen 6.1% compared to last year, with homes spending an average of 11 days on market, indicating 2.2 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 5.2x provides context for how home values compare to local earning capacity.

Homes for sale in Bonney Lake

There are currently 65 homes listed for sale in Bonney Lake, Washington. The median listing price is $700K. Featured listings range from $579,000 to $1,195,000.

3 bedroom house for sale at 13206 189th Ave E Bonney Lake - $579,000
$579,000

13206 189th Ave E

Bonney Lake, WA

3 bd2 ba1,470 sqft$394/ft²
House6,643 sqft lot
View photos & details
2 bedroom house for sale at 14317 Knoll Park Dr E Bonney Lake - $599,000
$599,000

14317 Knoll Park Dr E

Bonney Lake, WA

2 bd2 ba1,426 sqft$420/ft²
House3,886 sqft lot
View photos & details
3 bedroom house for sale at 11548 215th Ave E Bonney Lake - $634,999
$634,999

11548 215th Ave E

Bonney Lake, WA

3 bd3 ba2,172 sqft$292/ft²
House8,751 sqft lot
View photos & details
4 bedroom house for sale at 20472 Echo Ln E Bonney Lake - $704,950
$704,950

20472 Echo Ln E

Bonney Lake, WA

4 bd3 ba2,724 sqft$259/ft²
House
View photos & details
4 bedroom house for sale at 20484 Echo Ln E Bonney Lake - $719,950
$719,950

20484 Echo Ln E

Bonney Lake, WA

4 bd3 ba2,846 sqft$253/ft²
House
View photos & details
4 bedroom house for sale at 14412 204th Avenue Ct E Bonney Lake - $762,950
$762,950

14412 204th Avenue Ct E

Bonney Lake, WA

4 bd3 ba2,724 sqft$280/ft²
House
View photos & details
4 bedroom house for sale at 14404 204th Avenue Ct E Bonney Lake - $764,950
$764,950

14404 204th Avenue Ct E

Bonney Lake, WA

4 bd3 ba2,846 sqft$269/ft²
House
View photos & details
5 bedroom house for sale at 20906 83rd Street Ct E Bonney Lake - $789,950
$789,950

20906 83rd Street Ct E

Bonney Lake, WA

5 bd3 ba3,006 sqft$263/ft²
House8,420 sqft lot
View photos & details
5 bedroom house for sale at 14416 204th Avenue Ct E Bonney Lake - $789,950
$789,950

14416 204th Avenue Ct E

Bonney Lake, WA

5 bd3 ba3,360 sqft$235/ft²
House
View photos & details
4 bedroom house for sale at 14546 203rd Ave E Bonney Lake - $799,990
$799,990

14546 203rd Ave E

Bonney Lake, WA

4 bd3 ba2,750 sqft$291/ft²
House
View photos & details
5 bedroom house for sale at 20576 165th St E Bonney Lake - $1,024,995
$1,024,995

20576 165th St E

Bonney Lake, WA

5 bd6 ba4,016 sqft$255/ft²
House6,778 sqft lot
View photos & details
4 bedroom house for sale at 10605 164th Avenue Ct E Bonney Lake - $1,195,000
$1,195,000

10605 164th Avenue Ct E

Bonney Lake, WA

4 bd3 ba2,614 sqft$457/ft²
House7.41 acres
View photos & details

Looking to buy in Bonney Lake?

Get connected with a local real estate expert — free, no obligation.

Active listings

65

Homes on market

Median list price

$700K

Avg. days on market

11

Days until sale

New this week

47

Newly listed

Price drops:35.4%of listings
Sale-to-list:100.5%

Who lives in Bonney Lake?

Population

22,776

Median income

$131,524/yr

Median age

35.4 years

Owner-occupied

79.9%

College grads

29.6%

Avg commute

34 min

Source: U.S. Census Bureau ACS

What are homes worth in Bonney Lake?

Zillow home value

$678,955

Zillow rent index

$2,705/mo

Price-to-rent ratio

20.9x

Price-to-income

5.2x

Source: Zillow Research

What is it like to live in Bonney Lake?

Bonney Lake is a community of approximately 23K residents with a median age of 35.4 years.The median household income is $131,524, which reflects a relatively affluent area with strong earning potential. 29.6% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 79.9%, reflecting strong community stability and long-term resident commitment. The average commute time is 34 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Bonney Lake offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Bonney Lake?

9 schools tracked · 6,427 students

The largest public schools serving Bonney Lake, WA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Bonney Lake High School

Grades 9-12 · 1,676 students

Public

Mountain View Middle School

Grades 6-8 · 870 students

Public

Donald Eismann Elementary

Grades PK-5 · 744 students

Public

Lakeridge Middle School

Grades 6-8 · 736 students

Public

Emerald Hills Elementary

Grades K-5 · 548 students

Public

Victor Falls Elementary

Grades PK-5 · 515 students

Public

Tehaleh Heights Elementary School

Grades PK-5 · 497 students

Public

Bonney Lake Elementary

Grades PK-5 · 424 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Bonney Lake, WA?

Want a head-to-head view? Compare Bonney Lake side-by-side with any other U.S. city using our market-comparison tool.

Is Bonney Lake a good real estate investment market?

For investors evaluating Bonney Lake, the price-to-rent ratio of 20.9x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 6.1% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Bonney Lake's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Bonney Lake's median home price.

Frequently asked questions

What is the average home price in Bonney Lake?

The median home sale price in Bonney Lake is $575,000, down 6.1% from last year.

How long do homes stay on market in Bonney Lake?

Homes typically spend 11 days on market before going under contract.

What is the median income in Bonney Lake?

The median household income is $131,524 per year.

Is Bonney Lake a buyer's or seller's market?

With 2.2 months of supply, Bonney Lake is currently a strong seller's market.

How many homes are for sale in Bonney Lake?

There are currently 65 homes listed for sale in Bonney Lake, WA.

What is the Zillow home value estimate for Bonney Lake?

The Zillow Home Value Index (ZHVI) for Bonney Lake is $678,955, representing the typical home value in the area.

What is the median condo price in Bonney Lake?

The median condo/co-op sale price in Bonney Lake, WA is $384,950, compared to $595,000 for a single-family home, based on the latest Redfin data.

How much does a single-family home cost in Bonney Lake?

The median single-family home price in Bonney Lake, WA is $595,000 (about $305 per square foot).

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