City Guide
Mountlake Terrace, WA
Overview
Home to around 22,000 people, Mountlake Terrace, WA, is known for its mountain views, parks, trails, and proximity to Seattle. A fun fact about the city is that Mountlake Terrace is one of the first large-scale suburban developments in the Pacific Northwest. The city was founded in 1949 by real estate developers with the original purpose of developing a low-income community for returning veterans.
What’s it like to live in Mountlake Terrace, WA ?
If you're looking to buy a home for sale in Mountlake Terrace, WA you'll find that the median sale price is
$699,900
and homes stay on the market for 21 days. You'll find that the median sale prices of
a single family home and a condo/co-op in Mountlake Terrace are $736,000
and $375,000
, respectively. Mountlake Terrace area townhouses have a median sale price of $611,975
, making them less expensive
than single family homes. If you’re not ready to buy a home, consider one of the many apartments for rent in Mountlake Terrace, WAExplore our Mountlake Terrace housing market page for insights about how home values have changed over
the years and how Mountlake Terrace home prices compare to other markets. Explore our Mountlake Terrace rental market trends page for insights about how rental prices have changed and how Mountlake Terrace rental prices compare to other rental markets. If you're curious about the most valuable home features in Mountlake Terrace, or looking for a new home improvement project,
discover what home features and design trends may help increase your home's value.
Popular neighborhoods in and around Mountlake Terrace
| Neighborhood | Median Sale Price | Compete Score | Walk Score | Real Estate |
|---|---|---|---|---|
| Ballinger | $949,000 | 75 / 100 | -- | For SaleFor Rent |
| Gateway | $654,950 | 92 / 100 | 54 / 100 | For SaleFor Rent |
| North Terrace | $724,975 | 92 / 100 | -- | For SaleFor Rent |
| Chase Lake | $550,000 | 86 / 100 | -- | For SaleFor Rent |
| Cedar Terrace | $762,500 | 91 / 100 | 51 / 100 | For SaleFor Rent |
Popular homes for sale in Mountlake Terrace
See all homes for sale
Rental listings in Mountlake Terrace
See how much rent you can affordSee all rental listings
Mountlake Terrace Migration & Relocation Trends
In Jan '25 - Mar '25, 23% of Mountlake Terrace homebuyers searched to move out of Mountlake Terrace, while 77% looked to stay within the metropolitan area.
- Across the nation, 3% of homebuyers searched to move into Mountlake Terrace from outside metros.
- Spokane homebuyers searched to move into Mountlake Terrace more than any other metro followed by San Francisco and Houston.
Where are people moving to Mountlake Terrace from?
- 77% of Mountlake Terrace homebuyers searched to stay within the Mountlake Terrace metropolitan area.
- Phoenix was the most popular destination among Mountlake Terrace homebuyers followed by Portland and Bellingham.
Where are people from Mountlake Terrace moving to?
Number of People Moving to Mountlake Terrace
least
most
People are moving to Mountlake Terrace from
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Jan '25 - Mar '25 | ||
| 1 | 1,280 | ||
| 2 | 855 | ||
| 3 | 415 | ||
| 4 | 167 | ||
| 5 | 82 | ||
| 6 | 74 | ||
| 7 | 10 | ||
| 8 | 7 | ||
| 9 | 6 | ||
| 10 | 5 | ||
People are leaving Mountlake Terrace for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Jan '25 - Mar '25 | ||
| 1 | 5,120 | ||
| 2 | 3,603 | ||
| 3 | 2,684 | ||
| 4 | 2,412 | ||
| 5 | 2,245 | ||
| 6 | 2,033 | ||
| 7 | 1,391 | ||
| 8 | 1,227 | ||
| 9 | 1,180 | ||
| 10 | 1,026 | ||
Methodology
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
What is there to do in Mountlake Terrace, WA ?
There are a lot of places to visit in Mountlake Terrace, WA that will please anyone moving to the area. There are a handful of parks are in Mountlake Terrace, where you can find green spaces like Lake Ballinger Park and Terrace Creek Park. When in Mountlake Terrace, be sure to stop by one of these local restaurants for a quick taste of the town - Mazatlan Mexican Restaurant, Azteca Mexican Restaurant, or Mandarin Chili Chinese Restaurant.
Explore some of the best things to do in Mountlake Terrace
What's the best way to get around Mountlake Terrace, WA ?
The best way to get around Mountlake Terrace is by car, but there are many methods for getting around the city. If you’re exploring the city by foot, Mountlake Terrace has a walk score of 52, meaning this area is somewhat walkable. Most bus stations and rail stations are located in 98043. You can also get around Mountlake Terrace by bike. With a bike score of 41, there is a minimal amount of infrastructure for biking.
Somewhat Walkable
Walk Score®
Somewhat Bikeable
Bike Score®
Mountlake Terrace Transportation
Bus Station
Buses can be found throughout the city and are easily accessible to commute in the city.
Rail Station
Our data indicates this city does not have this transportation type.
Tram Station
Our data indicates this city does not have this transportation type.
Metro Station
Our data indicates this city does not have this transportation type.
Car & Bike Rentals
Renting a car is another good way to get around the city. There is 1 car rental location.
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