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Lake Stevens, WA

Full City Profile · Washington · Island County County

3.3 /5.0
B Good
39,500 Population 3,888/sq mi density
$118,290 Median Income $46,894 per capita
$593,900 Home Value $700,644 Zillow
$2,189 Median Rent 32.5% income on rent
49°F Avg Temperature 233 sunny days/yr
129 Violent Crime/100K 833 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.8 / 5.0
$118,290 median income, 3.4% unemployment
B+
Affordability
3.8 / 5.0
$593,900 home value, $2,189/mo rent
F
Safety
1.0 / 5.0
129 violent crimes/100K
B+
Education
3.7 / 5.0
33.6% bachelor's degree or higher

Housing Overview

Median Home Value
$593,900
111% above
US avg: $281,900
Median Rent
$2,189/mo
88% above
US avg: $1,163/mo
Homeownership Rate
75.3%
15% above US avg (65.4%)
Total Housing Units
13,613
Median year built: 1996

Home Value by Source

Census Median
$593,900
Zillow (ZHVI)
$700,644
Median Sale Price
$682,500
Median List Price
$680,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

75.3%
Owner-Occupied
24.7%
Renter-Occupied
75%
25%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,082/mo
1 Bedroom
$1,180/mo
2 Bedroom
$1,472/mo
3 Bedroom
$2,003/mo
4 Bedroom
$2,351/mo
Census median rent: $2,189/mo · Zillow rent: $2,662/mo

Market Indicators (Redfin)

Median Days on Market
63 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
38
Price Drops
18.0%
of listings with price reduction
Price Per Sq Ft
$347
Active Inventory
61
homes for sale

Affordability & Housing Stock

Rent Burden
32.5%
of renters spending 30%+ of income on housing
5% above US avg (31.0%)
Median Year Built
1996
Average age of housing stock: 30 years
Homeownership Rate
75.3%

Complete Housing Data

Home Values

Census Median Value$593,900
Zillow Home Value (ZHVI)$700,644
Median Sale Price$682,500
Median List Price$680,000
Price Per Sq Ft$347

Rent

Census Median Rent$2,189
Zillow Rent (ZORI)$2,662
FMR Studio$1,082
FMR 1-Bedroom$1,180
FMR 2-Bedroom$1,472
FMR 3-Bedroom$2,003
FMR 4-Bedroom$2,351

Market

Days on Market63
Sale-to-List Ratio1.0%
Price Drops18.0%
Homes Sold38
Active Inventory61
Price Per Sq Ft$347

Ownership & Stock

Owner-Occupied75.3%
Renter-Occupied24.7%
Homeownership Rate75.3%
Total Housing Units13,613
Median Year Built1996
Rent Burden32.5%