Medical Lake, WA

Balanced market+49.1% YoY

Housing market overview · Updated weekly

$460,000median sale price

Homes sold

3

Last 12 weeks

Days on market

39

Average pace

Active listings

13

4.3 months supply

Sale-to-list

97.7%

Below asking

The Medical Lake housing market is currently classified as a balanced market with a median sale price of $460,000. Prices have risen 49.1% compared to last year, with homes spending an average of 39 days on market, indicating 4.3 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Medical Lake

There are currently 13 homes listed for sale in Medical Lake, Washington. The median listing price is $325K.

Active listings

13

Homes on market

Median list price

$325K

Avg. days on market

39

Days until sale

New this week

1

Newly listed

Price drops:15.4%of listings
Sale-to-list:97.7%

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Frequently asked questions

What is the average home price in Medical Lake?

The median home sale price in Medical Lake is $460,000, up 49.1% from last year.

How long do homes stay on market in Medical Lake?

Homes typically spend 39 days on market before going under contract.

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

With 4.3 months of supply, Medical Lake is currently a balanced market.

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