Where Did Lynnwood Homes Still Sell Above Asking in July 2026?

By Brandice Raybourn

Competition appeared in specific pockets

A separate detailed export contained 71 Lynnwood July sales, and 10 closed above list. Four of the 23 sales in ZIP code 98036 finished above asking, giving that ZIP the clearest concentration in the export.

Alderwood Manor and Martha Lake stood out

Two of five Alderwood Manor sales and two of seven Martha Lake sales closed above list price. Those are useful clues about where individual properties attracted competition, but both groups are too small to create a rule for every nearby home.

The citywide market was more negotiable

Across Lynnwood, the median closed seller received 97.6% of original asking, down from 100% one year earlier. Inventory rose to 340 homes, and the median closed sale took 20 days. Most sellers were not experiencing an automatic bidding war.

What likely separated the winners

Location, condition, layout, lot, updates, commute access, and a launch price that made the value obvious could still pull buyers together. The right comparison is the individual home against its immediate alternatives, not the neighborhood name alone.

What this means for your situation

Market statistics describe groups of properties, not the value or likely outcome of one individual home. Buyers should compare the property with the choices available in its exact price range and location. Sellers should look at the homes buyers can choose today, not only the sales they remember from a tighter market.

If I had to sum up July in one sentence: Lynnwood’s above-list sales appeared most clearly in 98036, Alderwood Manor, and Martha Lake, but they were selective wins inside a more negotiable citywide market.

Read the Full Lynnwood Housing Market Report

Want to see every Lynnwood housing type and residential resale price range in one place?

Read the complete Lynnwood Housing Market Update for August 2026.

The August report uses July 2026 NWMLS data. Market statistics describe groups of properties and do not determine the value or likely outcome of any individual home.

Brandice Raybourn
Coldwell Banker Danforth
Snohomish & North King County Real Estate Broker