The Town Center is going vertical
Rezoning for buildings up to 12 stories and thousands of planned new units around the station.
Snohomish County · Neighborhood guide
Living in Mountlake Terrace
An affordable suburb transformed by light rail.
Long a value-priced bedroom community, Mountlake Terrace is now one of the area's biggest transformation stories, its new light rail station is turning a quiet suburb into a denser Town Center. It appeals to first time buyers and commuters priced out of Edmonds and Seattle.
Market snapshot is approximate and changes quickly, verify against current NWMLS data.
Market snapshot
Approx. median price$610,000
MarketVery competitive
NotesNWMLS median, all types, May 2026
First time buyersTransit accessValue
A closer look at Mountlake Terrace
Tour Coming Soon
A Mountlake Terrace walk through is in the works.
What's happening in Mountlake Terrace
Three things worth knowing right now
The most affordable stop on the light rail line
Why MLT is drawing transit-first buyers who still want a (relatively) attainable price.
What's in the Housing Action Plan
The construction pipeline and policies shaping the next wave of homes here.
Want the full picture for Mountlake Terrace, including current listings and what your budget gets here? Ask me directly.
Thinking about Mountlake Terrace?
Let's talk through whether it fits your budget and goals, and see current listings together.