234 homes sold in Martha Lake in the last year, at a typical $885K
About one sale in 4 is a condo. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Martha Lake homes are listed.
Every place Martha Lake homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Martha Lake.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
10% of Martha Lake’s sales are condos, at $503K less than a house
191 houses and 25 condos sold in the year to May 2026. Houses sell faster. Condos draw more bidding wars.
typical sale · 191 sold in the year to May 2026
- Per square foot
- $460WA $348
- Days to sell
- 26
- Sold over asking
- 21%
- Listings with a price cut
- 44%
typical sale · 25 sold in the year to May 2026
- Per square foot
- $393WA $433
- Days to sell
- 34
- Sold over asking
- 28%
- Listings with a price cut
- 47%
Multi-family (2–4 units): 4 sold, typical $860K
Townhouses: 32 sold, typical $644K
Too few sales in 12 months for reliable figures.
Fewer homes sell than a decade ago, at 1.8 times the 2016 price
234 sales in the last year, against 562 in 2016 and a low of 262 in 2013. The typical sale went from $492K in 2016 to $885K.
Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.
What $900K buys in Martha Lake
Check a listing against what Martha Lake homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Martha Lake are rarer than before the pandemic, with about as many homes for sale
We read every month of Martha Lake’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 234 sales.
If you’re buying in Martha Lake
- Shop in July. It brings about 43 new listings a month, close to the busiest month, with fewer bidding wars (45% over asking).
- Bid near asking. Buyers paid 99% of the list price on average; 18% paid over.
- You’ll usually have time. Only 38% of homes go under contract within two weeks; the typical one takes 27 days.
Spring brings both the most homes and the most bidding wars
May has the most new listings (about 50 a month), and the most competition: 54% close over asking. June and July offer nearly as much choice with fewer homes bid up (47%). September has the least competition (31%).
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and calmer than Washington
| Martha Lake now | 2017–19 | 2021 peak | WA now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 18% | 40% | 58% | 25% |
| Gone within two weeksShare of homes under contract within 14 days | 38% | 54% | 85% | 38% |
| Price paid vs. askingAverage sale price ÷ list price | 99% | 100.9% | 106% | 99.1% |
| Days to sellMedian days from listing to contract | 27 | 20 | 6 | 35 |
55 homes for sale on a typical day
That’s 4.2 times the 2021 low (13), about the 2017–19 level and well under 2018’s 71.
Since 2019, houses are up 61%, condos 22%
A house typically sold for $998K in the year to May 2026 (191 sales), a condo for $495K (25).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Martha Lake ranks 157th of 191 busy Washington markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Martha Lake is one of the state’s calmer markets.
Source: Redfin Data Center, city figures, January 2012 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Martha Lake home costs about $5,212 a month
Price: Martha Lake’s typical sale, last 12 months. Property tax at Martha Lake’s 0.8% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Martha Lake is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in May
The month with the most choice. December has the fewest, about 15.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $885K home, about $7,140 a year.
Taxes vs. neighborsSchools
The schools grade for Martha Lake, from test results, graduation and how much students grow.
Schools in Martha LakeTypical commute
The average one-way trip to work for people who live in Martha Lake.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
North Lynnwood and Lake Stickney sell for less a square foot
The busier markets within 25 miles of Martha Lake, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| North Lynnwood | 306 | $650K | $391 | 14% | 29 |
| Mill Creek East | 234 | $956K | $468 | 19% | 22 |
| Martha Lake | 234 | $885K | $429 | 18% | 27 |
| Mill Creek | 169 | $926K | $439 | 18% | 17 |
| Lake Stickney | 157 | $669K | $387 | 17% | 34 |
| Alderwood Manor | 82 | $772K | $475 | 26% | 20 |
| Larch Way | 48 | $901K | $416 | 19% | 34 |
Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Martha Lake, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Martha Lake. People who follow the town see it, and so do people comparing Martha Lake with their own town. No commission, no listing fee.
Questions about buying a home in Martha Lake
What do homes sell for in Martha Lake, WA?
234 homes sold in the year to September 2026 at a typical $885K, $429 a square foot. Houses sold for about $998K, condos for about $495K in the year to May 2026.
Is Martha Lake a buyer’s or seller’s market?
A seller’s market: 77 homes were for sale in September 2026 and 19 sold, about 4 months of supply. Buyers paid 99% of asking on average.
When is the best time to buy in Martha Lake?
May brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Martha Lake?
About 0.8% of a home’s value a year. On a $885K home that’s near $7,140.
Where can I see homes for sale in Martha Lake?
Zillow, Redfin, Realtor.com and Homes.com all carry Martha Lake’s MLS listings; the search links above open each one filtered to Martha Lake.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).