Lynnwood, Washington Housing Market Report
November 2026

Lynnwood had 71 new pending sales and 62 closings in October, with 366 homes for sale in the monthly figures. Buyers are still making moves, but their choices are spread across very different types of homes. The $708,500 median sale price describes the homes that closed, not the value of every home in town. If you’re thinking about selling, I would start with what the same buyer could choose at a similar payment. Whole-city totals include all property types; I break out four housing groups here.

Previously owned homes had 26 new contracts and 22 closings, with 99 homes for sale. The successful sales had a 15-day median market time and received 97.1% of original asking, about 2.9% below where sellers started. The showing figure was 10 recorded visits before pending. Those are reasonably quick results for the homes buyers chose, alongside plenty of other choices. If you’re considering selling, I would look beyond your neighborhood at everything a buyer could get for similar money.

New construction had 27 new contracts, the most among the four housing groups I cover, and 17 closings. There were 60 homes for sale. That is buyer activity worth paying attention to, especially if you’re preparing to sell a resale home. The new homes that closed had an 11-day median market time and received 98.8% of original asking. Builder contracts can happen before or during construction, with closing months later, so I would read the counts alongside availability and completion schedules. Compare included features and written financing terms, not just the price.

Condos had 91 homes for sale, but just eight new pendings and eight closings. That is a lot of choices beside the number of buyers moving forward in one month. The sold homes took 37 days at the median and received 95% of original asking. I think condo buyers have options worth exploring if the lifestyle fits. Compare dues, reserves, assessments, insurance and lender approval with other homes at a similar payment. If you’re thinking about selling, I would allow time and make the value clear against all those alternatives.

Townhomes had 67 homes for sale, eight new pendings and eight closings. The sales took 51 days at the median and received 96.3% of original asking. That is a longer wait than the resale and new-construction sales, though it describes the homes that closed. If you’re considering selling, I would give the plan some breathing room and compare the full payment with condos, single-family homes and new construction. For buyers who want a townhome, there are choices to look through carefully.

Six previously owned homes closed at $699,999 and under, with seven new pendings and 28 homes for sale. Successful sales took 13 days at the median and received full original asking. That is a strong result for those six homes, even with other choices still available. If you’re buying here, I would be ready when a home compares well. If you’re thinking about selling, I would look at the homes buyers actually selected before assuming every listing in this range will receive the same response.

This range had the most resale contracts and closings, with nine pendings and eight completed sales. There were 27 homes for sale. The sold homes had a 21-day median market time and received 95.6% of original asking. Buyers were choosing homes, but the busiest range still involved a 4.4% gap from starting price at the median. If you’re planning to sell, I would want the price to make sense from the first day. For buyers, I would compare the home and its history rather than assume a blanket discount.

Six homes closed, with a 10-day median market time and 98.2% of original asking received. But only three new homes went pending, while 27 were for sale. That is the difference I would watch. The homes that closed moved quickly, while fewer fresh contracts came together. If you’re considering selling here, I would study what made those particular homes work and compare the options still competing for buyers.

Two homes closed at $1,050,000 and up, with a $1.66 million median price, 33 days on market and 89.7% of original asking received. That is 10.3% below starting price at the median, but it comes from only two homes in a broad price range. Seven new homes went pending and 17 were for sale. Buyers were still making decisions. If you’re thinking about selling, I would use the individual properties and their competition to plan your move, not apply the same discount to every higher-priced home.