Why Live in Martha Lake
Martha Lake, an urban community in Snohomish County, is located just north of Seattle-Tacoma International Airport along State Highway 99. This neighborhood features a mix of townhomes, condos, and single-family houses, with architectural styles ranging from mid-century ramblers to contemporary new constructions. Homes are often nestled among evergreen-lined streets and around the scenic namesake lake, with yard sizes varying from a few thousand square feet to 1/3 acre. Most homes include garages and sidewalks. The area is zoned for the Edmonds School District, with schools like Martha Lake Elementary, Alderwood Middle School, and Lynnwood High School, which offers a STEAM program.
Residents enjoy numerous attractions, including Martha Lake Park with its walking trails, fishing pier, and kids' play area, and Martha Lake Airport Park, which features paved walking paths, athletic fields, a skate park, and an off-leash dog park. Arena Sports provides indoor soccer leagues, youth sports camps, and a family fun center. For shopping and dining, the nearby Alderwood Mall and Mill Creek Town Center offer a variety of retail stores, restaurants, and entertainment options. Grocery stores like Safeway and Walmart are within 4 miles.
Martha Lake's climate is mild, with wet, cool winters and summers reaching the high 70s. The neighborhood is about 19 miles from Seattle via Interstate 5 and 6 miles from Kenmore Air Harbor airport, making it convenient for city commuters. While bus stops are available, most residents rely on cars for transportation. The crime rate in Martha Lake is lower than the national average, contributing to its appeal as a residential area.
Home Trends in Martha Lake, WA
On average, homes in Martha Lake, Mill Creek sell after 36 days on the market compared to the national average of 52 days. The median sale price for homes in Martha Lake, Mill Creek over the last 12 months is $862,500, down 7% from the median home sale price over the previous 12 months.
Median Sale Price
$862,500
Median Single Family Sale Price
$925,000
Median Townhouse Sale Price
$720,000
Median 2 Bedroom Sale Price
$425,000
Average Price Per Sq Ft
$451
Number of Homes for Sale
82
Last 12 months Home Sales
418
Median List Price
$925,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-7%