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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Mukilteo, WA Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q2 2024. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Mukilteo, WA Housing Market Trends

With 21,096 people, 8,253 houses or apartments, and a median cost of homes of $966,451, Mukilteo house prices are not only among the most expensive in Washington, Mukilteo real estate also is some of the most expensive in all of America.

Single-family detached homes are the single most common housing type in Mukilteo, accounting for 61.03% of the city's housing units. Other types of housing that are prevalent in Mukilteo include large apartment complexes or high rise apartments ( 30.86%), row houses and other attached homes ( 5.14%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 2.62%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Mukilteo. Owner-occupied housing accounts for 69.60% of Mukilteo's homes, and 52.11% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Mukilteo built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Mukilteo built between 2000 and later ( 23.16%). A lesser amount of the housing stock also hails from between 1940-1969 ( 6.59%).

Mukilteo Home Appreciation Rates

Appreciation rates for homes in Mukilteo have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 113.56%, which ranks in the top 30% nationwide. This equates to an annual average Mukilteo house appreciation rate of 7.88%.

Over the last year, Mukilteo appreciation rates have trailed the rest of the nation. In the last twelve months, Mukilteo's appreciation rate has been 1.60%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Mukilteo were at 3.14%, which equates to an annual appreciation rate of 13.15%.

Importantly, this makes Mukilteo one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.

Relative to Washington, our data show that Mukilteo's latest annual appreciation rate is lower than 60% of the other cities and towns in Washington.

Average Home Values

Median Home Value

$966,451

Mukilteo, WA Home Prices
> $1,286,000
$965,001 - $1,286,000
$643,001 - $965,000
$514,001 - $643,000
$386,001 - $514,000
$257,001 - $386,000
$129,001 - $257,000
$65,001 - $129,000
$0 - $65,000
23.5%
23.5%
25.8%
25.8%
27.3%
27.3%
12.7%
12.7%
4.2%
4.2%
3.6%
3.6%
0.9%
0.9%
0.5%
0.5%
1.4%
1.4%
0% 100.0%
% of Homes
Very High

for Washington

Very High

for nation

Number of Homes And Apartments:

8,253

Mukilteo Appreciation Rates

Rent & Ownership

Average Market Rent:

$3,353 / per month

Homeownership Rate

Owners
Renters
69.6%
69.6%
30.4%
30.4%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
3.3%
3.3%
96.7%
96.7%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
23.2%
23.2%
69.4%
69.4%
6.6%
6.6%
0.8%
0.8%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
61.0%
61.0%
5.1%
5.1%
2.6%
2.6%
30.9%
30.9%
0.4%
0.4%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
1.4%
1.4%
10.4%
10.4%
25.7%
25.7%
30.2%
30.2%
21.9%
21.9%
10.4%
10.4%
0% 100.0%
% of Homes