Everett Real Estate: Buy, Sell, or Invest with Karrie Kelley

Everett, Washington, positioned along Port Gardner Bay and home to major employers like Boeing and Naval Station Everett, continues to gain traction as one of the Puget Sound region’s most promising real estate markets. Just 25 miles north of Seattle, Everett combines employment opportunities, scenic waterfront living, and competitive home prices with convenient access to regional transit.

From historic homes in Northwest Everett to modern developments in Silver Lake and new mixed-use projects along the waterfront, Everett offers housing diversity that appeals to first-time buyers, move-up families, and experienced investors. Whether you are aiming to secure your dream home, sell for maximum profit, or expand a portfolio, Everett is a city where strategic real estate decisions can yield strong returns.

A Detailed Look at Everett’s Housing Market

The Everett housing market has shown steady resilience through fluctuating regional trends. Buyers are drawn to its relative affordability compared to Seattle, while sellers benefit from consistent demand and limited days on market.

Current Market Figures

• Average Home Value: Approximately $672,000, reflecting a moderate year-over-year increase.
  
• Median Sale Price: Around $604,000, with minimal decline compared to last year.
  
• Days on Market: Most homes sell in 11 days or less, with many moving in under a week in highly desirable neighborhoods.
  
• Average Offers Per Property: Competitive properties can receive two to three offers, particularly in high-demand areas like Silver Lake or the 98208 ZIP code.
  
• Inventory Levels: Snohomish County’s active listings have grown over the past year, giving buyers more choices without significantly cooling prices.

Market Sentiment

Everett is still classified as a seller’s market, but the increasing inventory offers buyers a chance to be more selective and negotiate effectively.

Everett’s Standout Neighborhood Profiles

Everett’s neighborhoods vary in character, price, and appeal, offering something for every lifestyle and budget.

Silver Lake – Scenic and Family-Oriented Living

Silver Lake is known for its scenic waterfront, family-friendly environment, and strong school access. Home values average around $724,000. Properties near the lake or parks command premium prices due to their views and lifestyle amenities.

Northwest Everett – History Meets Quick Sales

This area features charming historic homes, tree-lined streets, and proximity to downtown. Median sale prices are around $670,000, but sales happen fast, often in under five days. Homes here appeal to buyers seeking architectural character and established community charm.

98208 ZIP Code – Southeast Everett’s High-Value Market

One of Everett’s most competitive areas, the 98208 ZIP code features newer developments, larger homes, and proximity to shopping and schools. The median sale price is about $810,000, with homes frequently selling in under a week and receiving multiple offers.

Riverside – Affordable with Growth Potential

Riverside offers affordability and redevelopment potential. Many buyers are attracted to its proximity to Everett Station and planned infrastructure improvements. Homes here can be found for less than the citywide median, making it a smart choice for first-time buyers or investors.

Harborview-Seahurst-Glenhaven – Premium Views and Strong Resale

This neighborhood delivers panoramic views of Puget Sound and the Olympics. With average home prices in the mid-$700,000s, properties here tend to hold value due to their location and outlook.

Buyer, Seller, and Investor Strategies for Everett

For Buyers

The Everett market demands preparedness. Pre-approval and readiness to act quickly are essential in securing desirable homes. Buyers seeking value may find opportunity in neighborhoods with slight price corrections, such as Northwest Everett. Proximity to transit, waterfront amenities, and planned developments can add long-term value to purchases.

For Sellers

Well-presented homes in Everett sell quickly, particularly in family-oriented areas and near transit hubs. Staging, professional photography, and accurate pricing are key to achieving the highest offers. Sellers in hot ZIP codes like 98208 can benefit from competitive bidding, while those in slower-moving segments may need to emphasize upgrades and lifestyle appeal.

For Investors

Everett’s economy is anchored by Boeing, the Port of Everett, and a growing technology and healthcare sector, ensuring ongoing rental demand. Transit-oriented neighborhoods near Everett Station are expected to appreciate further with the future arrival of Link light rail. Redevelopment zones, including the waterfront Millwright District and Baker Heights, present unique opportunities for those seeking long-term equity growth.

Economic and Infrastructure Factors Driving Growth

Employment Base

Boeing’s largest manufacturing facility is located here, employing thousands and sustaining housing demand. Naval Station Everett, healthcare facilities, and the Port of Everett add stability to the local economy.

Transportation Investments

Everett Station currently serves Sounder commuter rail, Amtrak, and regional bus lines. The future Link light rail extension is projected to connect Everett to Seattle by the early 2040s, improving commute times and boosting property desirability.

Waterfront Redevelopment

The Port of Everett’s Millwright District will deliver mixed-use residential, retail, and office spaces, creating a vibrant hub along the waterfront.

Housing and Zoning Updates

The city’s Unified Development Code allows for higher-density housing in targeted areas, promoting infill development and mixed-use communities. This benefits investors and developers seeking flexible property use.

ZIP Code Breakdown for Market Positioning

98201 – Downtown and Northwest Everett

• Median Price: Around $670,000
• Appeal: Historic homes, arts district, close to waterfront and downtown amenities.

98203 – Central Everett

• Median Price: Mid-$600,000 range
• Appeal: Family-friendly, mix of older and mid-century homes, convenient freeway access.

98204 – South Everett

• Median Price: Lower $600,000s
• Appeal: Affordable housing, proximity to Paine Field, diverse property types.

98208 – Southeast Everett

• Median Price: Around $810,000
• Appeal: Newer homes, excellent schools, shopping convenience, competitive market.

Everett’s Long-Term Real Estate Outlook

Everett’s population is projected to grow significantly over the next two decades. City planning forecasts the addition of tens of thousands of residents and jobs by 2044, supported by expanded housing options and transit. Neighborhoods near planned light rail stations are expected to see above-average appreciation.

With the waterfront transformation, new mixed-use developments, and the continued economic strength from major employers, Everett is positioned for sustained real estate demand. Buyers and investors who enter the market now are likely to benefit from long-term value growth.

How Karrie Kelley Gives You the Everett Advantage

Local Expertise

Karrie Kelley understands Everett’s micro-markets, from competitive Southeast Everett to redevelopment-focused Riverside.

Strategic Marketing

Tailored strategies ensure maximum exposure for sellers, from staging and photography to targeted advertising.

Buyer Guidance

From identifying neighborhoods that match lifestyle needs to negotiate favorable terms, buyers benefit from deep market insight.

Investor Support

Assistance in identifying high-potential properties near growth areas, zoning changes, and future transit expansions.

Full-Service Real Estate Solutions in Everett

• Home Buying – Expert neighborhood analysis and strong negotiation to secure your ideal property.
• Selling Your Home – Strategic pricing and marketing to attract serious buyers.
• First-Time Buyers – Step-by-step guidance through the purchase process.
• Luxury Real Estate – Specialized marketing for high-end properties.
• Relocation Assistance – Support for smooth transitions, locally or from out of state.
• Real Estate Investment – Identifying properties with strong rental and appreciation potential.
• Condos and Townhomes – Low-maintenance options with modern amenities.
• Senior Housing – Homes designed for accessibility and comfort.
• Family-Friendly Homes – Proximity to parks, schools, and community features.
• Free Home Valuation – Accurate market value assessment for your property.

Start Your Everett Real Estate Journey with Confidence

Everett is more than just a place to live. It is a community with history, opportunity, and a clear path toward future growth. Whether you are buying your first home, selling for top dollar, or building a portfolio, partnering with Karrie Kelley means you have a market strategist on your side.

Call (425) 218-4178 today to schedule your personalized Everett real estate strategy session and move forward with clarity and confidence.