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Featured local agent — Medical Lake, WA
Sarah Mitchell
Compass Real Estate · Medical Lake, WA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Medical Lake, WA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$449,000median sale price
How is the Medical Lake, WA housing market right now?
The median home sale price in Medical Lake, WA is $449,000, up 19.7% year-over-year. Homes sell in an average of 13 days with 18 active listings. The market is currently a 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 Medical Lake a buyer's or seller's market?
Medical Lake, WA is currently a seller's market, based on 3.6 months of supply and homes selling in about 13 days. How we determine this →
Homes sold
5
Last 12 weeks
Days on market
13
Fast-moving
Active listings
18
3.6 months supply
Sale-to-list
100.0%
Above asking
What does the Medical Lake housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $449,000 |
| Median list price | $411,948 |
| Year-over-year price change | +19.7% |
| Average days on market | 13 days |
| Active inventory | 18 listings |
| Months of supply | 3.6 months |
| Sale-to-list price ratio | 100.0% |
| Median price per sq ft | $212/sq ft |
| Homes sold (latest month) | 5 |
| New listings (latest month) | 12 |
| Listings with a price cut | 38.9% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Medical Lake by property type?
How the Medical Lake, WA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $449,000 | $212/sq ft | 5 | 13 days |
Source: Redfin · Updated monthly
The Medical Lake housing market is currently classified as a seller's market with a median sale price of $449,000. Prices have risen 19.7% compared to last year, with homes spending an average of 13 days on market, indicating 3.6 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 5.8x provides context for how home values compare to local earning capacity.
Homes for sale in Medical Lake
There are currently 18 homes listed for sale in Medical Lake, Washington. The median listing price is $412K.
Active listings
18
Homes on market
Median list price
$412K
Avg. days on market
13
Days until sale
New this week
12
Newly listed
Who lives in Medical Lake?
Population
4,927
Median income
$74,426/yr
Median age
38.1 years
Owner-occupied
68.9%
College grads
31.2%
Avg commute
20.8 min
Source: U.S. Census Bureau ACS
What are homes worth in Medical Lake?
Zillow home value
$431,442
Zillow rent index
$1,645/mo
Price-to-rent ratio
21.9x
Price-to-income
5.8x
Source: Zillow Research
What is it like to live in Medical Lake?
Medical Lake is a community of approximately 5K residents with a median age of 38.1 years.The median household income is $74,426, which represents a working-class community with solid middle-income opportunities. 31.2% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 68.9%, reflecting strong community stability and long-term resident commitment. The average commute time is 20.8 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Medical Lake offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Medical Lake?
4 schools tracked · 1,374 students
The largest public schools serving Medical 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.
Medical Lake High School
Grades 9-12 · 511 students
Hallett Elementary School
Grades PK-5 · 479 students
Medical Lake Middle School
Grades 6-8 · 373 students
Martin Hall Detention Ctr
Grades 7-12 · 11 students
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 Medical Lake, WA?
Want a head-to-head view? Compare Medical Lake side-by-side with any other U.S. city using our market-comparison tool.
Is Medical Lake a good real estate investment market?
For investors evaluating Medical Lake, the price-to-rent ratio of 21.9x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 19.7% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Medical Lake's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Medical Lake's median home price.
Frequently asked questions
What is the average home price in Medical Lake?
The median home sale price in Medical Lake is $449,000, up 19.7% from last year.
How long do homes stay on market in Medical Lake?
Homes typically spend 13 days on market before going under contract.
What is the median income in Medical Lake?
The median household income is $74,426 per year.
Is Medical Lake a buyer's or seller's market?
With 3.6 months of supply, Medical Lake is currently a seller's market.
What is the Zillow home value estimate for Medical Lake?
The Zillow Home Value Index (ZHVI) for Medical Lake is $431,442, representing the typical home value in the area.
How much does a single-family home cost in Medical Lake?
The median single-family home price in Medical Lake, WA is $449,000 (about $212 per square foot).
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