LatestCoverageAll 50 states, D.C. and five territories now on the ledger|NewPuerto Rico's 78 municipios ledgered, municipio by municipio|FeatureAssessment appeal workspace — build a filing package from your own evidence|FeatureLiving reports — versioned, re-runnable, exportable|DevelopersMetered REST gateway · issued keys · signed webhooks|Live market readings · refreshed on loadAlbuquerque · NMMedian List$360K+2.5%|Austin · TXMedian List$550K-1.0%|Baltimore · MDMedian List$225K-6.3%|Bernalillo County · NMMedian List$364K+2.7%|Bexar County · TXMedian List$303K+3.7%|Boston · MAMedian List$859K+3.4%|Charlotte · NCMedian List$430K-0.1%|Chicago · ILMedian List$426K+9.3%|Clark County · NVMedian List$447K+0.1%|Columbus · OHMedian List$300K+0.6%|Cook County · ILMedian List$348K+5.1%|Dallas · TXMedian List$449K-0.1%|Davidson County · TNMedian List$465K-1.1%|Denver · COMedian List$569K+1.6%|Detroit · MIMedian List$105K-2.8%|Duval County · FLMedian List$297K-2.3%|El Paso · TXMedian List$260K+3.7%|Fort Worth · TXMedian List$332K-2.1%|Franklin County · OHMedian List$320K+3.2%|Fresno · CAMedian List$375K+2.1%|Harris County · TXMedian List$327K+0.6%|Houston · TXMedian List$340K+0.6%|Indianapolis · INMedian List$260K+2.3%|Jackson County · MOMedian List$275K+7.0%|Jacksonville · FLMedian List$309K-2.1%|Jefferson County · KYMedian List$248K-4.3%|Kansas City · MOMedian List$240K+4.3%|King County · WAMedian List$850K-4.0%|Las Vegas · NVMedian List$440K-1.1%|Los Angeles · CAMedian List$950K-0.5%|Louisville · KYMedian List$275K0.0%|Maricopa County · AZMedian List$458K-0.4%|Marion County · INMedian List$259K+3.7%|Mecklenburg County · NCMedian List$407K-5.3%|Memphis · TNMedian List$202K+2.5%|Mesa · AZMedian List$450K-3.1%|Milwaukee · WIMedian List$243K+5.7%|Multnomah County · ORMedian List$518K-1.2%|Nashville · TNMedian List$480K+1.0%|New York · NYMedian List$899K+0.5%|Oklahoma City · OKMedian List$275K-0.6%|Oklahoma County · OKMedian List$259K-0.7%|Philadelphia · PAMedian List$249K+0.3%|Phoenix · AZMedian List$480K0.0%|Pima County · AZMedian List$373K+0.9%|Portland · ORMedian List$640K-6.0%|Sacramento · CAMedian List$510K+4.0%|San Antonio · TXMedian List$236K-1.2%|San Diego · CAMedian List$994K+4.2%|San Francisco · CAMedian List$1.4M+1.7%|San Jose · CAMedian List$1.3M-11.9%|Santa Clara County · CAMedian List$1.3M+0.1%|Seattle · WAMedian List$874K-2.8%|Shelby County · TNMedian List$259K-2.4%|Suffolk County · MAMedian List$857K+7.3%|Tarrant County · TXMedian List$385K-1.2%|Travis County · TXMedian List$497K-5.3%|Tucson · AZMedian List$324K-0.9%|Wayne County · MIMedian List$160K0.0%|LatestCoverageAll 50 states, D.C. and five territories now on the ledger|NewPuerto Rico's 78 municipios ledgered, municipio by municipio|FeatureAssessment appeal workspace — build a filing package from your own evidence|FeatureLiving reports — versioned, re-runnable, exportable|DevelopersMetered REST gateway · issued keys · signed webhooks|Live market readings · refreshed on loadAlbuquerque · NMMedian List$360K+2.5%|Austin · TXMedian List$550K-1.0%|Baltimore · MDMedian List$225K-6.3%|Bernalillo County · NMMedian List$364K+2.7%|Bexar County · TXMedian List$303K+3.7%|Boston · MAMedian List$859K+3.4%|Charlotte · NCMedian List$430K-0.1%|Chicago · ILMedian List$426K+9.3%|Clark County · NVMedian List$447K+0.1%|Columbus · OHMedian List$300K+0.6%|Cook County · ILMedian List$348K+5.1%|Dallas · TXMedian List$449K-0.1%|Davidson County · TNMedian List$465K-1.1%|Denver · COMedian List$569K+1.6%|Detroit · MIMedian List$105K-2.8%|Duval County · FLMedian List$297K-2.3%|El Paso · TXMedian List$260K+3.7%|Fort Worth · TXMedian List$332K-2.1%|Franklin County · OHMedian List$320K+3.2%|Fresno · CAMedian List$375K+2.1%|Harris County · TXMedian List$327K+0.6%|Houston · TXMedian List$340K+0.6%|Indianapolis · INMedian List$260K+2.3%|Jackson County · MOMedian List$275K+7.0%|Jacksonville · FLMedian List$309K-2.1%|Jefferson County · KYMedian List$248K-4.3%|Kansas City · MOMedian List$240K+4.3%|King County · WAMedian List$850K-4.0%|Las Vegas · NVMedian List$440K-1.1%|Los Angeles · CAMedian List$950K-0.5%|Louisville · KYMedian List$275K0.0%|Maricopa County · AZMedian List$458K-0.4%|Marion County · INMedian List$259K+3.7%|Mecklenburg County · NCMedian List$407K-5.3%|Memphis · TNMedian List$202K+2.5%|Mesa · AZMedian List$450K-3.1%|Milwaukee · WIMedian List$243K+5.7%|Multnomah County · ORMedian List$518K-1.2%|Nashville · TNMedian List$480K+1.0%|New York · NYMedian List$899K+0.5%|Oklahoma City · OKMedian List$275K-0.6%|Oklahoma County · OKMedian List$259K-0.7%|Philadelphia · PAMedian List$249K+0.3%|Phoenix · AZMedian List$480K0.0%|Pima County · AZMedian List$373K+0.9%|Portland · ORMedian List$640K-6.0%|Sacramento · CAMedian List$510K+4.0%|San Antonio · TXMedian List$236K-1.2%|San Diego · CAMedian List$994K+4.2%|San Francisco · CAMedian List$1.4M+1.7%|San Jose · CAMedian List$1.3M-11.9%|Santa Clara County · CAMedian List$1.3M+0.1%|Seattle · WAMedian List$874K-2.8%|Shelby County · TNMedian List$259K-2.4%|Suffolk County · MAMedian List$857K+7.3%|Tarrant County · TXMedian List$385K-1.2%|Travis County · TXMedian List$497K-5.3%|Tucson · AZMedian List$324K-0.9%|Wayne County · MIMedian List$160K0.0%|
Property-class scope

The story of this market

The typical home in ZIP 98012 sells for about $1,000,000, or $450 per square foot.

Prices are down 5.7% from a year ago, which gives buyers more room to negotiate. Homes take about 22 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $3,600 a month.

ZIP market report · consumer edition · quarterly refresh
Track this ZIP

ZIP 98012 — Bothell

Snohomish County →Seattle marketrefreshed Oct 1, 20262 cycles retainednext refresh Oct 31, 2026
Market mood · cautiously optimistic

The 98012 housing market is showing signs of stabilization after a period of price correction, with inventory levels rising significantly year-over-year. While median prices have softened slightly, demand remains supported by the area's strong employment base and high quality of life. Buyers are finding more options and increased negotiating power compared to the previous year.

Who this ZIP fits

This ZIP is ideal for families and professionals seeking a balance between suburban living and access to major employment hubs, offering high-quality schools and extensive outdoor amenities.

Parent geography
Aerial view · ZIP boundaries2020 Census ZCTA boundary over current aerial imagery
Leaflet Imagery © Esri, Maxar, Earthstar Geographics
Land area · 40.6 km²Water area · 0 km²U.S. Census Bureau TIGERweb — 2020 Census ZCTA5 boundary
Median sale price
$1,000,000
-5.7% year over year
Corroborated · 1 anchor · 0% off nearest
Days on market
22 days
Active listings
395
Listings with price cuts
28%
share of active listings
Sale-to-list ratio
99.2%
of asking price
ZIP Market ScoreZIP-SCORE-1.3 · 4/4 sections graded
64
Composite · average of graded sections
Computed only from this report's published readings — sections without data are excluded, never estimated.
22
Growth/100

Median prices moved down 5.7% year over year.

75
Liquidity/100

Homes spend a median of 22 days on market with 4.9 months of supply — a fast-moving market.

64
Momentum/100

28% of listings have cut prices · homes sell at 99.2% of asking — demand is running ahead of supply.

96
Safety & stability/100

no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.1% · poverty 4.2% — a stable, low-distress profile.

Median price · ten-year history

Researched annual trajectory for this ZIP, from published historical series

2016201720182019202020212022202320242025202620282030$300,000$600,000$900,000$1,200,000$1,500,000

Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 8.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.

Property tax · ten-year history

Median annual property tax paid on this ZIP's residential parcels

2016201720182019202020212022202320242025202620282030$3,500$7,000$10,500$14,000$17,500

Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 8.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.

Census trends · population flowsACS 2020-2024 5-year estimates
Population change
+8.4%

versus the prior ACS vintage

Net migration
+1,200 people

net influx — more people moved in than out

Population base
52,199

ZCTA 98012, Snohomish County WA

Area context
Crime & safety

Crime rates in the 98012 area are generally considered low compared to regional averages, with property crime being the primary concern. Local law enforcement reports stable trends in recent years.

Schools & education

Schools serving the 98012 ZIP code are highly regarded, with many institutions in the Everett and Northshore school districts maintaining strong academic performance ratings.

Environmental & hazard

The area faces moderate risks related to windstorms and occasional localized flooding in low-lying areas, though wildfire risk is generally low compared to more rural parts of the state.

Growth & development

The area benefits from proximity to major tech and biotech hubs in Bothell and nearby Redmond, with ongoing residential and mixed-use development projects continuing to expand the local infrastructure.

Taxation

Property taxes are assessed by Snohomish County based on market value, with rates including state, county, and local school district levies; no state income tax applies to residential property.

Transportation & commute

Residents typically face a 30-45 minute commute to major employment centers in Seattle or Bellevue, with primary access via I-405 and SR-522.

Recreation & amenities

The area features extensive access to local parks, the North Creek Trail system, and proximity to the Snohomish River, with major shopping centers located in nearby Mill Creek and Bothell.

Rental market

The rental market is characterized by high demand and moderate vacancy rates, with a mix of single-family rentals and modern apartment complexes catering to commuters.

Economy & employers

The local economy is anchored by the biotech, software, and aerospace industries, with significant employment presence from companies in the nearby Bothell and Canyon Park business districts.

Transportation & infrastructure

The area is served by a network of arterial roads connecting to I-405, with limited public transit options primarily consisting of regional bus routes.

Development pipeline

Development is focused on high-density residential infill and the revitalization of commercial corridors to support the growing population.

County appraisal district

The Snohomish County Assessor maintains property valuations based on annual market analysis and physical inspections.

Special districts

Parcels are subject to various special districts, including local fire districts, school districts, and utility districts for water and sewer services.

Insurance & hazard market

Property insurance premiums are rising due to regional climate risks, though the area remains stable compared to high-fire-risk zones.

Migration & population flows

Washington state continues to see net positive domestic migration, driven by the strong regional tech economy.

Foreclosure doctrine

Washington is a non-judicial foreclosure state, with a standard notice of default and trustee sale process.

Disclosure doctrine

Sellers are required to provide a comprehensive property disclosure statement covering all known material defects.

Discovery profileACS 2020-2024 5-year estimates
Census profile · ZCTA 98012, Snohomish County WA
Population
52,199
Median age
38.5 yrs
Owner-occupancy
72.4%
Median home value
$850,000
Median gross rent
$2,450
Median household income
$146,144
Median year built
1998
Vacancy rate
3.2%
Renter share
27.6%
Owner cost burden
24.5%
Renter cost burden
38.2%
Population change
+8.4%
Net migration
1,200
Work-from-home share
28.5%
Mean commute
34.2 min
Bachelor's or higher
58.4%
Unemployment
3.1%
Poverty rate
4.2%
Avg household size
2.8
White
66.3%
Asian
22.1%
Hispanic
6.5%
Black
0.8%
Other
4.3%

Data retrieved from data.census.gov ZCTA-level tables.

Public schools with an address here · 2

Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.

Henry M. Jackson High SchoolHigh8/10Everett Public SchoolsHighly rated school serving the northern portion of the ZIP.
North Creek High SchoolHigh9/10Northshore School DistrictModern facility with strong academic and athletic programs.
School districts
Northshore School DistrictALarge, high-performing district serving the southern and western parts of the ZIP.
Everett Public SchoolsB+Serves the northern and eastern portions of the ZIP.
Utilities & services
ElectricSnohomish PUDPublic utility provider.
Natural GasPuget Sound EnergyPrimary regional provider.
InternetXfinity/Ziply FiberHigh-speed broadband available throughout the area.
Major employers & industries
SeagenBiotechMajor regional employer.
Philips HealthcareMedical TechnologySignificant local campus.
Major amenities · ZIP 98012
Theme, amusement & water parks
19 · 20 mi
Entertainment venues, stadiums & amphitheaters
16 · 20 mi
Family fun & things to do
19 · 13 mi
Museums, galleries & history
20+ · 20 mi
Parks, trails & nature
20+ · 13 mi
Lakes, marinas & beaches
13 · 20 mi
Shopping & dining districts
5 · 13 mi

Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.

Amenities & attractions3 retained amenities · 1 development on the horizon
Inside this ZIP
North Creek Trail
Park/Trail

Extensive paved trail system popular for walking and cycling.

Mill Creek Town Center
Shopping/Dining

Major outdoor retail and dining hub serving the local community.

Bothell Landing
Park

Historic park area with river access and community event space.

On the horizon · announced & under construction
North Creek ExpansionMixed-useUnder ConstructionOngoing development of residential and commercial space along the North Creek corridor.
Sources · 5 cited

Key-figure check: median price corroborated by the published ten-year series (2025) (within 12.5%).