Lake Stevens, WA – Homes for Sale & Real Estate Market Guide
Located in the heart of Snohomish County, Lake Stevens offers a unique blend of small-town charm, lakefront living, and convenient access to Everett and Seattle. From stunning waterfront homes to wonderful neighborhoods and new construction communities, Lake Stevens offers a mix of lifestyles that make it one of the most sought-after cities in the region.
Brief Overview of Lake Stevens
Lake Stevens is named after the picturesque 1,000-acre lake at its center — the largest natural lake in Snohomish County. The city offers beautiful mountain views, year-round recreation, and a growing variety of restaurants, boutiques, and public spaces.
Residents enjoy boating, fishing, and lakeside events throughout the year. The city’s parks, such as Lundeen Park and Catherine Creek Park, provide waterfront access and community gathering spots. With new infrastructure, award-winning schools, and multiple master-planned developments, Lake Stevens continues to attract both local move-up buyers and new residents relocating from the Seattle metro area.
Lake Stevens Real Estate Market Trends (Updated November 2025)
Data Source: Northwest Multiple Listing Service® | Current as of December 1, 2025
Residential – Lake Stevens (98258)
| Key Metrics | November 2024 | November 2025 | % Change |
|---|---|---|---|
| New Listings | 30 | 34 | +13.3% |
| Pending Sales | 35 | 50 | +42.9% |
| Closed Sales | 55 | 34 | -38.2% |
| Days on Market Until Sale | 46 | 52 | +13.0% |
| Median Sales Price | $800,000 | $757,450 | -5.3% |
| Average Sales Price | $848,301 | $805,630 | -5.0% |
| Percent of List Price Received | 99.1% | 99.4% | +0.3% |
| Inventory of Homes for Sale | 59 | 112 | +89.8% |
| Months Supply of Inventory | 1.2 | 2.5 | +108.3% |
Condos – Lake Stevens (98258)
| Key Metrics | November 2024 | November 2025 | % Change |
|---|---|---|---|
| New Listings | 3 | 9 | +200.0% |
| Pending Sales | 4 | 10 | +150.0% |
| Closed Sales | 5 | 5 | 0.0% |
| Days on Market Until Sale | 27 | 51 | +88.9% |
| Median Sales Price | $615,000 | $510,000 | -17.1% |
| Average Sales Price | $576,190 | $490,600 | -14.9% |
| Percent of List Price Received | 100.0% | 99.8% | -0.2% |
| Inventory of Homes for Sale | 9 | 14 | +55.6% |
| Months Supply of Inventory | 1.9 | 2.2 | +15.8% |
What This Means for Lake Stevens Buyers & Sellers
The Lake Stevens market shifted noticeably in November, with a sharp increase in inventory and months of supply compared to last year. While new listings and pending sales climbed, closed sales declined, and homes took longer to sell, signaling a market that has become more balanced and buyer-selective.
Pricing adjusted slightly. The median sales price dipped to $757,450, down 5.3% year over year, giving buyers more leverage — particularly as inventory nearly doubled. Sellers can still achieve strong outcomes, but pricing accurately from the start and preparing homes well is more important than it was in 2024.
The condo market became more active, with large increases in new listings and pending sales. At the same time, higher inventory and longer days on market placed downward pressure on prices. Condos remain an appealing option for buyers seeking affordability in Lake Stevens, especially as single-family home prices adjust.
View the Live Lake Stevens Market Report
Stay up to date with listings, pricing trends, and neighborhood activity.
🔍 View Live Market Report
Homes for Sale
Homes & Architecture
Lake Stevens homes range from luxury lakefront estates to modern subdivisions and affordable starter homes.
Lakefront Homes: Custom-designed properties with docks, panoramic water views, and outdoor living spaces.
New Construction: Growing communities in the Cavalero and Sunnyside areas offer energy-efficient designs, smart home features, and open-concept layouts.
Established Neighborhoods: The older cores of Lake Stevens and Frontier Village feature mature landscaping, walkability, and easy access to shopping and schools.
Whether you’re looking for a lakeside retreat or a neighborhood close to top-rated schools, Lake Stevens offers a balance of comfort, convenience, and Northwest beauty.
Some of the top Lake Stevens neighborhoods include:
| Neighborhood | Key Features |
|---|---|
| Cavalero Hills | Newer homes, quiet atmosphere, western location |
| High Bridge | Small, upscale, eastern location, lake and mountain views |
| Lundeen Park | Established, southern location, mix of older and newer homes, popular destination for residents with children |
| Frontier Heights | Peaceful residential area with mountain views |
| Downtown Lake Stevens | Local shops, restaurants, and community events |
| West Lake Stevens | Waterfront properties, parks, and lake access |
| Machias | Rural charm, farms, and open spaces |
| North Lake Stevens | Lakefront homes, recreational activities |
| East Lake Stevens | Close to schools and family-friendly amenities |
| Sunny Shores | Lakefront properties and outdoor activities |
Whether you are looking for a quiet, upscale neighborhood or a more established area with a mix of older and newer homes, there is a neighborhood in Lake Stevens to suit your needs and preferences.
Public Transportation in Lake Stevens
Lake Stevens, Washington, is located about 25 miles northeast of Seattle and is served by a number of public transportation options. These include the King County Metro, Sound Transit, and Community Transit.
King County Metro is the main public transportation agency for the Seattle area, and Sound Transit is a regional public transportation agency that operates buses, light rail, and commuter rail services in the Seattle area. Both these agencies operate a network of bus routes that serve Lake Stevens. In addition, Community Transit, a public transportation agency that serves Snohomish County, operates many bus routes that connect the city to nearby communities as well as to Seattle.
Make Your Home in Lake Stevens
Lake Stevens is a great place to live and work, offering a high quality of life and a strong sense of community. The city’s friendly and welcoming atmosphere is strengthened by the various events and activities that happen all year round, bringing residents together. In addition, its proximity to Seattle and other major cities in the region makes it an attractive destination for those looking to live in a quaint and picturesque community without being too far from the bigger cities.
Whether you are looking for a place where you can experience a sense of belonging and connection with your neighbors or a place where recreational opportunities are plenty, Lake Stevens won’t disappoint.
Frequently Asked Questions about Lake Stevens Real Estate
What is the median home price in Lake Stevens?
The median home price in Lake Stevens is $750,000 as of September 2025, up 2% from last year.
Is the Lake Stevens housing market slowing down?
While inventory has increased, demand remains steady with pending sales up nearly 19%. The market is balancing, not cooling.
How long do homes take to sell in Lake Stevens?
Homes averaged 33 days on market in September 2025, up from 27 days last year.
Is Lake Stevens good for families?
Yes, the Lake Stevens School District is one of the county’s best, and the city offers great neighborhoods, parks, and excellent community programs.
Are there waterfront homes in Lake Stevens?
Absolutely — Lake Stevens is known for its stunning lakefront homes, many with private docks and expansive water views.