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Sarah Mitchell
Compass Real Estate · ZIP 98290
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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98290 ZIP Code Housing Market
$922,500median sale price
What is the 98290 housing market like right now?
The median home sale price in ZIP code 98290 is $922,500, up 15.3% year-over-year. Homes sell in an average of 11 days with 107 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of March 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is the 98290 ZIP code a buyer's or seller's market?
ZIP code 98290 is currently a seller's market and homes selling in about 11 days. How we determine this →
What are the latest 98290 housing market stats?
| Metric | Value |
|---|---|
| Median sale price | $922,500 |
| Median list price | $995,000 |
| Year-over-year price change | +15.3% |
| Average days on market | 11 days |
| Active inventory | 107 listings |
| Sale-to-list price ratio | 100.1% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
The 98290 zip code, located in Three Lakes, WA, is currently classified as a seller's market. The median sale price stands at $922,500, representing a +15.3% change year over year. Homes in this area spend an average of 11 days on the market before going under contract. There are currently 107 active listings in the area, which influences how much negotiating power buyers and sellers have.
ZIP 98290 sits in the Three Lakes, WA area, roughly 0 miles from downtown Three Lakes. Because home prices are set street by street, this ZIP can move differently from Three Lakes's citywide averages. The figures below reflect 98290 specifically — drawn from Redfin transactions, U.S. Census data for its 39,826 residents, and Zillow value estimates.
Homes sold
100
Last 12 weeks
Days on market
11
Fast-moving
Active listings
107
Sale-to-list
100.1%
Above asking
What is driving the 98290 housing market?
The 98290 real estate market is shaped by a combination of local demand, housing supply, and broader economic trends. As a seller's market, homes are selling at approximately 100.1% of their listed price.
Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 98290 have increased +15.3% compared to last year, suggesting continued demand and potential for further appreciation. For context, it's valuable to compare this trend against neighboring zip codes and the broader metro area to determine whether this performance is localized or part of a regional pattern.
The Zillow Home Value Index (ZHVI) for 98290 stands at $846,671, which represents Zillow's estimate of the typical home value in the area. The Zillow Observed Rent Index (ZORI) indicates typical rents of $2,173 per month. This gives a price-to-rent ratio of approximately 32.5, which indicates that renting may be more cost-effective than buying in the short term, though long-term appreciation could shift that calculus. Use our mortgage calculator to estimate monthly payments based on current home values and interest rates.
Who lives in 98290?
Population
39,826
Median income
$132,973/yr
Median age
41.5 years
Owner-occupied
80.7%
College grads
37.6%
Avg commute
39.92 min
What is it like living in 98290?
Zip code 98290 is home to approximately 39,826 residents. The median household income is $132,973 per year, which shapes the types of homes and amenities available in the area. With a median age of 41.5 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings. Approximately 80.7% of housing units are owner-occupied, indicating a stable, ownership-oriented community where residents have a vested interest in maintaining property values and neighborhood quality.
About 37.6% of residents hold a bachelor's degree or higher, which often correlates with access to knowledge-economy jobs and higher earning potential in the area. The average commute time is 39.92 minutes, which is above the national average and may reflect a suburban or exurban setting where residents trade commute time for more affordable housing or larger lots. These demographic factors, combined with the market data above, help paint a complete picture of what it's like to live and own property in 98290.
Which public schools serve ZIP 98290?
13 schools tracked · 5,705 students
The largest public schools serving ZIP code 98290 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.
Snohomish High School
Grades 9-12 · 1,525 students
Centennial Middle School
Grades 7-8 · 735 students
Dutch Hill Elementary
Grades K-6 · 685 students
Machias Elementary
Grades K-6 · 622 students
Central Emerson Elementary
Grades K-6 · 472 students
Riverview Elementary
Grades K-6 · 468 students
Chain Lake Elementary School
Grades PK-5 · 428 students
Cascade View Elementary
Grades K-6 · 375 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Frequently asked questions about 98290
What is the median home price in 98290?
The current median sale price in 98290 is $922,500, based on recent Redfin transaction data. Prices have changed +15.3% compared to last year. For the most up-to-date pricing and to see how this compares to nearby areas, use our comparison tool.
Is 98290 a buyer's or seller's market?
The 98290 zip code is currently classified as a seller's market. This assessment is based on key indicators including months of supply, sale-to-list price ratios, and average days on market.
What is the population of zip code 98290?
Zip code 98290 has a population of approximately 39,826 residents. The median household income is $132,973 per year. About 80.7% of homes are owner-occupied. This data is sourced from the U.S. Census Bureau and is updated annually.
How do I research neighborhoods in 98290?
Properties Incorporated provides comprehensive data for 98290 including median home prices, price history charts, days on market, active inventory, and Census Bureau demographics. To compare this area with other zip codes or cities, use our comparison tool. For mortgage planning, our mortgage calculator estimates monthly payments based on current prices and interest rates.
How often is the data for 98290 updated?
Market data on Properties Incorporated is updated regularly as new information becomes available. Redfin sales data is typically refreshed monthly, Zillow home value and rent estimates update monthly, and Census Bureau demographics are updated annually.
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