The story of this market
The typical home in ZIP 98272 sells for about $638,300, or $391 per square foot.
Prices are down 10.7% from a year ago, which gives buyers more room to negotiate. Homes take about 15 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,936 a month.
ZIP 98272 — Monroe
The 98272 housing market is currently cooling, reflecting broader regional trends with a year-over-year price decline of 10.7%. Despite this, the area remains a seller's market due to limited inventory and steady demand from families seeking suburban housing. Market activity is moderate, with homes selling in a median of 15 days.
This ZIP is well-suited for family buyers and commuters seeking a suburban lifestyle with access to outdoor recreation, while offering more space than the denser Everett urban core.
Median prices moved down 10.7% year over year.
Homes spend a median of 15 days on market with 3.0 months of supply — a fast-moving market.
24% of listings have cut prices · homes sell at 99.3% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.7% · poverty 7.3% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 98272, Snohomish County WA
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
The area is served by the Monroe School District, which generally maintains stable performance ratings within the Snohomish County educational landscape.
The region faces standard Pacific Northwest environmental risks, including potential flood exposure in low-lying areas near the Skykomish River and seasonal wildfire smoke risks.
Economic momentum is driven by proximity to the Everett industrial corridor and regional logistics hubs, with ongoing residential development supporting a growing suburban population.
Property taxes in 98272 are determined by the Snohomish County assessor based on local levies, including school district and special district assessments, resulting in a median effective rate of 0.78%.
Residents primarily commute via US-2 toward Everett and the broader Puget Sound employment centers, with transit options limited to regional bus services.
The area features significant outdoor access including Lake Tye Park, various hiking trails along the Skykomish River, and local golf facilities, with retail centers concentrated in downtown Monroe.
The rental market is characterized by moderate demand from commuters, with vacancy rates remaining tight due to limited new multi-family inventory.
The local economy is anchored by regional logistics, manufacturing, and retail services, with many residents commuting to major employers in Everett and the greater Seattle area.
Transportation is heavily reliant on the US-2 highway corridor, which serves as the primary artery for regional connectivity.
Development is focused on infill residential projects and commercial expansion along the Highway 2 corridor.
The Snohomish County Assessor maintains a market-value assessment system with annual updates based on sales data.
Parcels are subject to Monroe School District levies and various local utility and fire district assessments.
Property insurance premiums are influenced by regional wildfire and flood risk assessments common to the Snohomish County area.
Data retrieved from US Census Bureau ZCTA-level tables.
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.
- Remlinger Farms4.315.5 mi
- Flying Squirrel Trampoline Park4.415.7 mi
- K1 Speed Redmond4.219.8 mi
- Elevated Sportz Trampoline Park & Event Center4.215 mi
- Pump It Up Kirkland Kids Birthdays and More4.217.7 mi
- Remlinger Farms4.315.5 mi
- Chateau Ste. Michelle Winery4.515.3 mi
- Angel of the Winds Arena4.416.7 mi
- Quil Ceda Creek Casino419.1 mi
- Swans Trail Farms4.613.9 mi
- Wallace Falls State Park4.810.2 mi
- Willis D. Tucker Community Park4.711.8 mi
- Paradise Valley Conservation Area Parking and Trail Head4.610.3 mi
- Monroe Wildlife Center4.71.9 mi
- Flowing Lake County Park and Campground4.57.8 mi
- Boeing Future of Flight4.519.1 mi
- Imagine Children's Museum4.716.9 mi
- Funko HQ4.716.9 mi
- BAPS Shri Swaminarayan Mandir, Redmond4.816.7 mi
- Carnation Farms4.713.3 mi
- Wallace Falls State Park4.810.2 mi
- Willis D. Tucker Community Park4.711.8 mi
- Cherry Creek Falls Trailhead4.68.2 mi
- Paradise Valley Conservation Area Parking and Trail Head4.610.3 mi
- Flowing Lake County Park and Campground4.57.8 mi
- Everett Marina4.618.2 mi
- Port of Everett4.518 mi
- Dagmars Marina4.517 mi
- North Lake Marina4.718.8 mi
- Everett Yacht Club4.318 mi
- Echo Falls Golf Club4.29.2 mi
- Snohomish Golf Course4.37.8 mi
- The Golf Club At Redmond Ridge3.512.7 mi
- Bear Creek Country Club4.412.8 mi
- Blue Boy West Golf Course & Event Center4.51.9 mi
- Flower World4.610.7 mi
- Fred Meyer4.24.3 mi
- Fred Meyer4.311.6 mi
- Safeway4.13.7 mi
- Snohomish Golf Course4.37.8 mi
- Paine Field4.718.6 mi
- King County International Airport - Boeing Field4.529.7 mi
- Kenmore Air - Lake Union4.626.5 mi
- Kenmore Air - Lake Washington4.518.7 mi
- Alaska Airlines - Everett4.818.4 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A major community park featuring a lake, sports fields, and walking paths.
Provides regional access for fishing, rafting, and scenic recreation.
The historic core offering local retail, dining, and community events.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.