The Housing Market in South Snohomish and North King County Is Quietly Shifting as We Head into 2026

After several years of high mortgage rates and buyer hesitation, the local housing market is beginning to move in a more positive direction. Sellers are returning to the market, buyers are becoming more active, and conditions are lining up for a steadier 2026. This is not a dramatic surge, but it is a clear shift.
If you are thinking about buying or selling in Lynnwood, Edmonds, Mill Creek, Mukilteo, or the surrounding communities, now is a great time to pay attention.

Mortgage Rates Are Beginning to Ease

Rates remain higher than what we saw during the frenzy years, but they have begun to soften. This added affordability gives buyers in our region a little more room to work with. Even a modest shift can help because homes in South Snohomish and North King County tend to push the upper ranges of buyer budgets.
For many households, lower borrowing costs are enough to reopen the conversation about making a move in 2026.

More Homeowners Are Starting to List Their Homes

Many homeowners stayed put over the past couple of years because they had locked in very low rates and did not want to let them go. With rates now steadier and life changes moving forward no matter what the market does, more sellers are choosing to list.
Locally, this means a healthier supply of homes across Lynnwood, Edmonds, Shoreline, Mill Creek, Mukilteo, Bothell, and the surrounding areas. This shift toward a more balanced inventory is one of the clearest signals that momentum is building.

Buyer Activity Is Picking Up Again

With slightly lower rates and more homes to choose from, buyers are re engaging. Showings are rising again and well qualified buyers are stepping back into the search.
While this is not a return to the rapid pace of 2020 and 2021, it is a noticeable increase in energy. For many buyers in our region, this suggests that moving sooner rather than later may open the door to better opportunities.

What This Means for You

For sellers
Improving activity and steadier inventory levels create a solid environment to attract quality offers. Thoughtful pricing and strong presentation can help your home stand out in a market where buyers still value accuracy and condition.

For buyers
This may be one of the better windows we have seen in the past couple of years. More options are available and borrowing costs have become a little lighter. Together we can explore your budget, preferred neighborhoods, and ideal timeline to help you move forward with confidence.

If you are unsure
Whether you are thinking about selling, buying your first home, relocating, or considering an investment property, I can help you evaluate your choices. Your plans matter more than the headlines and we can make sense of what works best for your goals.

Bottom Line

The housing market in South Snohomish and North King County is turning a corner. Easing mortgage rates, more homes coming to market, and increased buyer interest are shaping a healthier landscape as we approach 2026.
If you are curious about your home’s value or want to explore buying opportunities, now is a smart time to start the conversation.