AffordWhat

Can You Afford a Home in Edmonds, WA?

A typical home in Edmonds is worth $906,912, down 0.7% over the past year. That is $172K above the Snohomish County typical of $734,626.

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Income needed — 20% down $202,000 $5,549/mo, plus $181,382 down
Income needed — zero down (VA) $242,000 $6,662/mo, about $22,673 at closing

Assumes housing costs stay at 33% of gross income — the sustainable middle, not the maximum a lender would approve. A typical home in Edmonds costs $906,912. Rates as of 5 September 2026; they move weekly and your quote will differ.

What each income level buys in Snohomish County

Prices below are what keeps housing at 33% of gross income, using Snohomish County’s 0.79% effective property tax rate. The Conventional column assumes 20% down; the zero-down columns finance the funding fee into the loan.

Household incomeConventionalVAZero-down CUFHA
$75,000$308,000$254,000$233,000$249,000
$100,000$426,000$352,000$323,000$344,000
$125,000$544,000$449,000$412,000$439,000
$150,000$662,000$547,000$502,000$535,000
$200,000$898,000$742,000$680,000$725,000

How Edmonds compares to nearby towns

TownTypical homeYear over yearIncome needed
Lynnwood $746,040-2.6% $168,000
Mukilteo $895,454-1.8% $199,000
Edmonds (this page) $906,912-0.7% $202,000
Snohomish $911,318-1.2% $203,000
Mill Creek $933,410-3.6% $207,000
Brier $948,234-2.6% $211,000
Bothell $994,964-5.3% $220,000

If Edmonds is out of reach, Lynnwood, Mukilteo sit lower in the same county — same commute shed, same schools district-by-district, less money.

What this does not tell you

These are typical values, not listings. Half the homes in Edmonds sell for less than $906,912, and condos and townhomes sit well below it. Property tax is a county-wide effective rate, so your parcel will differ. Insurance is a state average. Run your own numbers with your own quote before you take any of this as settled.

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