Lynnwood
Lynnwood, located in the state of Washington, is a thriving city that is widely known for its diverse range of real estate options. The real estate market in Lynnwood is a highly sought-after destination for homeowners and property investors alike. Whether you are considering buying or selling a property in Lynnwood, it is essential to have a clear understanding of the current state of the real estate market. In this article, we will explore the history, growth, and future outlook of the real estate market in Lynnwood, Washington.
The Current Real Estate Market in Lynnwood
Lynnwood House Prices
The city features a variety of housing options, from small single-family homes to gated communities. The median home value in Lynnwood is $735,443 as of mid 2023 according to Zillow. The area is also home to several parks, nature reserves, and recreational centers, and central location between Seattle & Everett. Lynnwood has seen a lot of development in the last 20 years, with expansion around Alderwood Mall driving in traffic and business. The Lynnwood Recreation Center features a gymnasium, fitness center, and indoor pool, while the Lynnwood Golf Course offers a challenging 18-hole course.
Housing
- Types of Housing: Lynnwood offers a variety of housing options, from single-family homes and townhouses to apartments and condos. There are both older homes and newer developments, making it suitable for different budgets and preferences.
- Affordability: Compared to Seattle, housing in Lynnwood tends to be more affordable, although prices have been rising due to the growing demand in the Seattle metropolitan area.
Education
- Schools: Lynnwood is part of the Edmonds School District, which is known for its variety of elementary, middle, and high schools. The area also has several private schools.
- Higher Education: Edmonds College is located nearby, offering a range of degree and certification programs.
Market Trends and Analysis
There is a lot of competition in the Lynnwood housing market right now, so don’t rule out the possibility of several offers on most properties. Real estate prices have been rising steadily over the past few years, with a roughly 7% drop year over year, its still increasingly difficult for first-time buyers to enter the market. However, there is still plenty of real estate available in the neighborhood, and getting a house in Lynnwood is quite possible with the help of a competent real estate agent.
Lynnwood’s booming business is one factor fueling the city’s competitive housing market. Lynnwood is a popular place for both young professionals and families to settle down because of the low unemployment rate and wide variety of available jobs in the area. Its convenient location also makes it a good choice for people who travel to Seattle or Bellevue for work. Depending on traffic, it’s a short drive from Lynnwood to Seattle, the North End, or the Eastside via Interstates 5 and 405. Numerous mass transit options and with the new light rail it will be very easy to commute via light rail to Seattle or Everett from Lynnwood.
Neighborhoods in Lynnwood
There are several thriving communities in Lynnwood, and they all have something special to offer. Meadowdale is a popular area because of the variety of single-family homes and gated communities it offers. The area is well-known for its high-quality educational institutions, green spaces, and leisure amenities. There is a wide variety of housing options in the Alderwood Manor area, from modern condominiums to sprawling mansions. There are many great places to eat and shop in the neighborhood.
Martha Lake is another well-liked area of Lynnwood. Towards Lynnwood’s eastern edge is an appealing lake that serves as a focal point for a variety of outdoor pursuits, including fishing and boating. A number of parks and natural preserves can be found in and around Martha Lake, making it a pleasant place for family to spend time together in the great outdoors.
Last but not least, Cedar Valley is a great place to live if you prefer the country. Cedar Valley, on the outskirts of Lynnwood, is renowned for its serene environment and huge, well-kept homes. Location-wise, it’s hard to beat, especially if you’re looking to get away from the city without having to go too far to enjoy all that Lynnwood has to offer.
Meadowdale
Meadowdale is a quiet neighborhood consisting mainly of residential homes. It’s known for its beautiful parks, upscale homes, and excellent schools. The neighborhood is peaceful, making it an ideal spot for families and those who enjoy a relaxed, laid-back lifestyle.
One of the most popular parks in Meadowdale is the Meadowdale Beach Park. This park is situated on the shores of Puget Sound and offers stunning views of the water, as well as a playground, picnic areas, and hiking trails. Meadowdale is also home to the Meadowdale Playfields, which has several sports fields, including soccer and baseball fields.
Alderwood Manor
Alderwood Manor is located in the Central quadrant of Lynnwood, and it’s one of the most sought-after neighborhoods in the city. It has a mix of residential and commercial properties, making it a vibrant community with diverse offerings. The neighborhood’s proximity to Alderwood Mall and other commercial areas makes it a convenient place to live.
Alderwood Manor is also home to some of the best restaurants in Lynnwood. One of the most popular spots is the Alderwood Manor Heritage Cottage, which serves up delicious comfort food in a cozy, rustic setting. The neighborhood also has several parks, including the Lynndale Park, which has a playground, picnic areas, and a skate park.
Martha Lake
Named after the beautiful lake situated in the heart of the neighborhood, Martha Lake is a charming area with a suburban feel. It has a mix of residential and commercial properties, including some of the best restaurants and shopping centers in Lynnwood.
One of the most popular restaurants in Martha Lake is the Cask & Trotter, which serves up delicious barbecue and craft beer. The neighborhood is also home to the Martha Lake Airport Park, which has a playground, picnic areas, and a baseball field.
Cedar Valley
Located in the South quadrant of Lynnwood, Cedar Valley is a quiet, family-friendly neighborhood with excellent schools, parks, and easy access to the city’s amenities. It’s known for its picturesque views of the Cascade Mountains and serene atmosphere.
Cedar Valley is home to several parks, including the Cedar Valley Community Park, which has a playground, basketball court, and picnic areas. The neighborhood is also close to the Lynnwood Golf Course, which is a popular spot for golf enthusiasts.
Brier
Brier is a small, cozy neighborhood with a strong sense of community. It’s situated in the South quadrant of Lynnwood and is known for its lush greenery, spacious homes, and suburban feel. Brier is an excellent option for those who value peace, quiet, and privacy.
Brier is home to several parks, including the Brierwood Park, which has a playground, basketball court, and picnic areas. The neighborhood is also close to the Brier-Patch Park, which has a baseball field, soccer field, and walking trails.
Overall, Lynnwood is a fantastic place to live, with a wide range of neighborhoods to choose from. Whether you’re looking for a quiet, peaceful spot or a vibrant, bustling community, you’re sure to find it in Lynnwood.
Neighborhoods in Lynnwood, WA
Crawford Rd / Damson Rd
Lake Stickney East
Spruce Park
Martha Lake
Larch Way
Alderwood Manor
Picnic Point East
North Lynnwood
West Alderwood Manor
South Lynndale Park
Amenities and Attractions in Lynnwood Neighborhoods
Located in the heart of Snohomish County, Lynnwood is a bustling city with a lot to offer. From gorgeous parks to schools, Lynnwood is a great place to call home. Let’s explore some of the amenities and attractions in Lynnwood neighborhoods.
Parks and Recreation
Lynnwood is fortunate to have several beautiful parks and green spaces that offer plenty of outdoor activities. Scriber Lake Park is a serene oasis in the heart of the city, with its picturesque lake and walking trails. Gold Park is a popular destination for families, with its playgrounds, picnic shelters, and sports fields. Lynndale Park is a vast park with a skate park, tennis courts, and a community garden. With so many options, Lynnwood residents can enjoy biking, hiking, and picnicking all year round.
Shopping and Dining
If you’re looking for shopping and dining options, Lynnwood has plenty to offer. The Alderwood Mall is one of the largest malls in the Pacific Northwest, with over 200 stores and restaurants. From high-end boutiques to popular chain stores, the mall has something for everyone. When it comes to dining, Lynnwood is a foodie’s paradise. Whether you’re in the mood for sushi, pizza, or tacos, you’ll find it all in Lynnwood. The city has a diverse culinary scene, with plenty of options for all tastes and budgets.
Arts and Culture
Lynnwood is a vibrant and culturally diverse city, with a thriving arts and culture scene. The Lynnwood Arts Commission promotes art, music, and cultural activities throughout the city. Its programs range from concerts and art exhibits to cultural festivals and dance recitals. The commission also sponsors public art projects, such as murals and sculptures, that add to the city’s beauty and character. Whether you’re a fan of classical music or contemporary art, you’ll find something to enjoy in Lynnwood.
Buying a Home in Lynnwood
If you are considering buying a home in Lynnwood, you are in luck! This charming city offers a variety of neighborhoods, from established communities to newly developed areas, all with easy access to Seattle and other surrounding cities. Before embarking on your home buying journey, it is essential to understand the steps involved and the resources available to you.
Steps to Buying a Home
The process of buying a home in Lynnwood can seem overwhelming at first, but with the right resources and guidance, it can be an exciting and rewarding experience. The first step is to determine your budget and financing options. This will help you narrow down your search and avoid falling in love with a home that is out of your price range. Be sure to explore all of your financing options, including low down payment options and government-assisted loan programs.
Once you have determined your budget, the next step is to find a trusted real estate agent who has experience working in the Lynnwood market. A good agent will help you navigate the competitive market and offer expert advice on property value. They will also connect you with reliable lenders and loan programs. Be sure to interview several agents and choose one that has a proven track record of success in the Lynnwood market.
With your agent by your side, you will work together to identify potential properties and make an offer once you have found your ideal home. Your agent will help you negotiate the best possible price and ensure that all of the necessary paperwork is completed correctly.
Working with a Real Estate Agent
Working with a real estate agent is highly recommended when buying a home in Lynnwood. Your agent will help you navigate the competitive market, offer expert advice on property value, and connect you with reliable lenders and loan programs. They will also help you negotiate the best possible price and ensure that all of the necessary paperwork is completed correctly.
When choosing an agent, be sure to look for someone who has experience and a proven track record of success in the Lynnwood market. Ask for referrals from friends and family and read online reviews to get a sense of an agent’s reputation and level of expertise.
In conclusion, buying a home in Lynnwood can be an exciting and rewarding experience with the right resources and guidance. By understanding the steps involved and exploring all of your financing options, you can find your dream home in this charming city.
Selling a Home in Lynnwood
Selling a home can be a stressful and overwhelming process, but with the right preparation and guidance, it can also be an exciting and rewarding experience. If you’re planning to sell your home in Lynnwood, there are several important steps you’ll need to take to ensure a successful sale..
Investing in Lynnwood Real Estate
Investing in real estate can be a lucrative venture, and Lynnwood is a great place to start. Located in the heart of Snohomish County, Lynnwood offers a diverse range of investment opportunities for savvy investors. Whether you’re looking to invest in single-family homes, condos, townhomes, or multi-family units, Lynnwood has something for everyone.
Types of Investment Properties
One of the best things about investing in Lynnwood real estate is the variety of investment properties available. Single-family homes are a popular choice for many investors, offering a stable source of rental income and long-term appreciation. Condos and townhomes are also great options, particularly for investors looking for low-maintenance properties. Multi-family units, such as duplexes and triplexes, can provide even greater returns, but also require more management and upkeep.
Future Outlook for Lynnwood Real Estate
The Lynnwood real estate market is a dynamic and rapidly evolving landscape, with a host of exciting developments and projects underway in the area. As a hub of economic activity and growth, Lynnwood is attracting an increasing number of buyers and investors looking to capitalize on the city’s potential for long-term financial gain.
Long-term Projections and Opportunities
Looking ahead, the long-term prospects for Lynnwood real estate are positive. With an anticipated increase in population growth and continued interest from buyers and investors, the city is well-positioned for sustained growth and development in the years to come.
Investing in Lynnwood real estate offers immense potential for long-term financial gain. With the right resources and strategic planning, buyers and investors can capitalize on the city’s growth and development, securing a stable and profitable investment for years to come.
Explore the Parks of Lynnwood, WA
If you’re looking for an outdoor adventure while in Lynnwood, you’re in luck! This lovely city in Washington state boasts a variety of lush parks that offer visitors the perfect place to unwind and connect with nature. From manicured gardens to wooded hiking trails, Lynnwood’s park system has something for everyone.
Discovering Lynnwood’s Park System
You may not be aware that Lynnwood is home to over 16 stunning parks, each with unique features and amenities. These green spaces offer visitors the perfect place to escape the hustle and bustle of city life. Whether you are an avid hiker, nature lover, or simply looking for a place to relax, Lynnwood’s parks are sure to impress.
Lynnwood’s Top Parks and Their Features
Looking for a serene escape or an active outdoor adventure? Lynnwood has got you covered with its wide array of parks. Each of Lynnwood’s parks has its own unique features and amenities, but here are our top five picks:
Scriber Lake Park
Scriber Lake Park is a hidden gem in the heart of Lynnwood. This delightful park features not only a beautiful lake with a pedestrian walking trail, but also a vibrant community garden. The garden is a true reflection of the community’s spirit and offers the perfect opportunity to connect with nature and with fellow garden enthusiasts. Enjoy quiet time reflecting by the water or marvel at the colorful flowers and fresh produce grown at the garden.
Meadowdale Neighborhood Park
If you’re looking for a more active outdoor experience, Meadowdale is the place for you. This park features sports fields, a skate park, a playground, picnic areas and plenty of open green space. It’s the perfect destination for a family picnic or a game of catch with friends. The skate park is a popular spot for skateboarders and rollerbladers, and the sports fields are perfect for a game of soccer or frisbee.
Wilcox Park
Wilcox is a must-visit for those who love wildlife. This lush park offers ample opportunities for birdwatching and even has a fish hatchery. Take a leisurely stroll along the trails to enjoy a peaceful escape from the city. The park is also home to a beautiful butterfly garden, where you can observe these delicate creatures up close.
North Lynnwood Park
North Lynnwood is the ultimate destination for families with young children. This park features a sensational playground, picnic areas, basketball hoops and a large open field for impromptu games of frisbee or soccer. The playground is a child’s dream come true, with swings, slides, climbing structures, and even a zip line. The park also has a splash pad to cool off on hot summer days.
Daleway Park
If you’re looking for a beautiful botanical experience, Daleway is the answer. Home to a myriad of flora and fauna, this park offers an enchanting opportunity to connect with nature. The park features a stunning rose garden, a Japanese garden, and a sensory garden. Take a leisurely stroll through the park and enjoy the sweet fragrance of the flowers or sit and relax on one of the many benches scattered throughout the park.
Whether you’re looking for a peaceful retreat or an active adventure, Lynnwood’s parks have something for everyone. So pack a picnic, grab your friends and family, and head out to explore the beauty of Lynnwood’s parks!
Outdoor Activities for the Whole Family
Lynnwood’s parks offer endless opportunities to get active and adventurous. Here are some of our favorite ways to enjoy the green spaces:
Playgrounds and Picnic Areas
Nothing beats a good old-fashioned family picnic or a game of catch on the grass! Lynnwood’s parks are filled with playgrounds and picnic areas that are perfect for an afternoon of outdoor fun. The playgrounds are designed to cater to children of all ages, with swings, slides, and climbing structures. The picnic areas are equipped with tables and benches, making it easy to enjoy a meal or snack with your loved ones.
One of the most popular picnic spots in Lynnwood is Martha Lake Park. With its beautiful lake views, lush greenery, and well-maintained facilities, it’s the perfect place to spend a lazy afternoon with your family. The park also features a large playground, a basketball court, and a baseball field, ensuring that there’s something for everyone to enjoy.
Hiking and Walking Trails
Lynnwood is home to some of the most stunning hiking and walking trails in the Pacific Northwest. From wooded paths to scenic waterfront vistas, there’s something for every level of ability. One of the most popular trails in Lynnwood is the Interurban Trail. This 16-mile trail runs from Everett to Seattle and is perfect for hiking, biking, or jogging. The trail is well-maintained and features stunning views of the Puget Sound and the Olympic Mountains.
If you’re looking for a shorter hike, the Scriber Lake Trail is a great option. This 1.5-mile trail winds through a beautiful wetland area and is home to a variety of wildlife. Keep your eyes peeled for ducks, herons, and other waterfowl as you make your way around the lake.
Sports Facilities and Fields
Lynnwood’s parks also feature plenty of opportunities to get active and sweaty. With soccer fields, basketball hoops, and even a skate park, there are plenty of places to unleash your competitive spirit. The Lynndale Park Athletic Complex is a popular destination for sports enthusiasts. The complex features a soccer field, a baseball field, and a basketball court. There’s also a playground and picnic area, making it a great spot for families to spend the day.
If you’re looking for something a bit more extreme, the Lynnwood Skate Park is the place to be. The park features a variety of ramps, rails, and other obstacles, making it a great spot for skateboarders, inline skaters, and BMX riders.
Water Features and Swimming Areas
If you’re looking to cool off on a hot summer day, Lynnwood’s parks have got you covered with swimming areas and even fishing ponds. Wilcox Park is a popular spot for swimming and sunbathing. The park features a large swimming area, complete with a diving board and a slide. There’s also a fishing pond, where you can try your luck at catching trout or bass.
If you’re looking for something a bit more secluded, the Gold Park Swimming Hole is a hidden gem. Tucked away in a wooded area, this swimming hole features crystal-clear water and a small sandy beach. It’s the perfect spot to escape the hustle and bustle of the city and enjoy a peaceful day by the water.
Park Events and Programs
In addition to being great places to relax and recharge, Lynnwood’s parks also host a variety of events and programs throughout the year. These events and programs are designed to provide a fun and engaging experience for visitors of all ages and interests.
Seasonal Festivals and Celebrations
One of the most popular events hosted by Lynnwood’s parks are the seasonal festivals and celebrations. These events are a great way to bring the community together and celebrate special occasions. The Christmas Tree Lighting is a particularly popular event that draws visitors from all over the city. The park is transformed into a winter wonderland, complete with twinkling lights and festive decorations. Visitors can enjoy hot cocoa, caroling, and even a visit from Santa himself.
Summer Concerts in the Park are another favorite among Lynnwood’s residents. These concerts feature local musicians and bands, and are a great way to spend a warm summer evening. Visitors can bring a picnic dinner and enjoy the music under the stars.
Outdoor Concerts and Movie Nights
What’s better than outdoor entertainment on a warm summer night? Lynnwood’s parks offer a variety of outdoor concerts and movie nights that are sure to entertain the whole family. The movies shown are family-friendly and range from classic favorites to recent releases. Visitors can bring blankets and chairs and enjoy the show under the stars.
Educational Programs and Nature Walks
For those looking to learn more about the environment, Lynnwood’s parks offer a variety of educational programs and nature walks. These programs provide a unique opportunity to learn about local flora and fauna, as well as the importance of conservation and sustainability. Visitors can take guided tours of the park and learn about the different species of plants and animals that call it home.
Transportation and Commuting in Lynnwood
One of the reasons why Lynnwood is such a great place to live is its transportation system. The city has several public transportation options, major highways and roads, and biking and walking trails that make getting around the city and beyond much easier.
Public Transportation Options
Public transportation is a convenient and affordable way to travel around Lynnwood. The city has several bus routes that connect residents to nearby areas, including Seattle. The bus system is operated by Community Transit, which is a public transportation agency that serves Snohomish County.
In addition to buses, Lynnwood also has a light rail system that connects the city to Seattle and other nearby areas. The light rail system is operated by Sound Transit, which is a regional transit agency that serves the Puget Sound region.
With these public transportation options, residents of Lynnwood can easily commute to work or school without having to worry about traffic or parking. It also provides a great way to explore the city and nearby areas without having to drive.
Light Rail in Lynnwood
As part of Sound Transit’s Link light rail development, the Lynnwood Link Extension is a brand new train line that will run from Lynnwood to Seattle. The goal of this extension is to make the trip from Lynnwood and other northern suburbs to Seattle more efficient and faster by expanding the alternatives for public transit.
Important Light-rail project details are as follows:
The new rail route will go north of Seattle’s Northgate Station all the way to Lynnwood, connecting with the existing Link light rail service. Shoreline, Lynnwood, and Mountlake Terrace are just some of the communities that have recently welcomed new stations.
The projected completion year for the Lynnwood Link Extension is 2024, and it is now open! Passengers will be able to reach downtown Seattle from Lynnwood in around 28 minutes. The rail bypasses some of the largest traffic spots on I-5, especially in morning traffic.
Stations: The extension will include four new stations:
Mountains Terrace, South Shoreline at 145th, North Shoreline at 185th
Downtown Lynnwood
Advantages: Commuters will have a dependable alternative, and traffic on Interstate 5 should be much improved thanks to the extension. Making it easy to access different regions of the Seattle metro area, it will also connect to other transit choices.
Sound Transit 3 (ST3) is a longer-term plan to increase the capacity of the Puget Sound area’s light rail network, and this project is a component of that plan.
The light rail is an excellent alternative for commuting to work, as well as a smart option when going to a sporting event downtown or a concert. Try the light rail for a quick ride into the next Seahawk game. Go hawks!
Major Highways and Roads
Lynnwood’s access to major highways and roads is another reason why it is such a great place to live. The city is located near I-5, which is the main highway that runs along the west coast of the United States. This makes it easy for residents to travel to nearby cities, including Seattle, Everett, and Tacoma.
In addition to I-5, Lynnwood is also located near I-405 and Highway 99. These highways provide easy access to amenities outside the city, including shopping centers, restaurants, and entertainment venues.
With these major highways and roads, residents of Lynnwood can easily get around the city and beyond. It also makes it easier for businesses to transport goods and services, which helps to stimulate the local economy.
Biking and Walking Trails
Lynnwood is a city that values outdoor recreation, and its extensive network of biking and walking trails is a testament to that. The city has several trails that offer a great way to get some exercise and explore the beautiful scenery of the city.
One of the most popular trails in Lynnwood is the Interurban Trail. This trail runs for 16 miles and connects the city to nearby areas, including Everett and Shoreline. It is a great way to explore the natural beauty of the Puget Sound region.
In addition to the Interurban Trail, Lynnwood also has several other trails that are perfect for biking and walking. These trails offer a great way to get outside and enjoy the fresh air, while also getting some exercise.
Overall, Lynnwood’s transportation system is one of the many reasons why it is such a great place to live. With its public transportation options, major highways and roads, and biking and walking trails, residents have easy access to everything the city has to offer, as well as nearby areas.
Conclusion
In conclusion, the real estate market in Lynnwood, WA, is a highly desirable destination for homebuyers and property investors. With a wide range of property types, competitive prices, and a thriving local economy, Lynnwood offers immense potential for long-term financial gain. Whether you are considering buying, selling, or investing in real estate in Lynnwood, it is essential to work with trusted professionals who understand the local market trends and can help guide you towards a successful outcome.
Weather in Lynnwood
- Winter:
Lynnwood’s winters (December through February) are milder than those in many other locations of the United States. The average high is approximately 45 degrees Fahrenheit (7 degrees Celsius), while the average low is around 34 degrees Fahrenheit (1 degree Celsius). During this time, precipitation, mostly in the form of rain but sometimes snow as well, is prevalent. - Spring:
Temperatures in the spring (March–May) rise steadily. The average high is about 13 degrees Celsius (16 degrees Fahrenheit), while the average low is around 3 degrees Celsius to 6 degrees Fahrenheit. As the season develops, rain becomes less frequent. - Summer:
Lynnwood has mild summers, with typical highs of 70 to 75 degrees Fahrenheit (21 to 24 degrees Celsius) and lows of 54 to 58 degrees Fahrenheit (12 to 14 degrees Celsius) during the months of June and August. During this period, the region has less showers and more sunny days. - Fall:
The months of September through November in Lynnwood are known for their milder weather. Gradually falling back to a range of 55°F to 60°F (13°C to 16°C) for average highs, and a range of 39°F to 45°F (4°C to 7°C) for average lows. In the autumn, rains return to their normal levels.
These are broad climatic tendencies; individual years’ weather will naturally differ.
Average Rainfall per month in Lynnwood
- January: Around 5.1 inches of rainfall
- February: Around 3.7 inches of rainfall
- March: Around 4.2 inches of rainfall
- April: Around 2.7 inches of rainfall
- May: Around 2.1 inches of rainfall
- June: Around 1.6 inches of rainfall
- July: Around 0.7 inches of rainfall
- August: Around 1.0 inches of rainfall
- September: Around 1.9 inches of rainfall
- October: Around 3.7 inches of rainfall
- November: Around 5.5 inches of rainfall
- December: Around 5.4 inches of rainfall
Crime & Safety in Lynnwood
Check out crime stats for Lynnwood: https://crimegrade.org/safest-places-in-lynnwood-wa/
History of Lynnwood
Originally, the region now known as Lynnwood in Snohomish County, Washington, was mostly used for farming and logging. As more people moved to the area in the 1950s and 1960s, the city of Lynnwood grew fast and was incorporated as a city in 1959. Changes such as new roads, schools, and commercial structures were made possible by Lynnwood’s incorporation.
Several new neighborhoods were built, and the Alderwood Mall debuted in 1979, all of which contributed to the city’s continuous expansion and growth in the decades that followed. Lynnwood is now a vibrant city with a diverse range of business, industrial, and residential districts. Over 38,000 people of many different backgrounds call this place home, and its population has grown rapidly in recent years.
