Altos Market Data for Realtors

Mill Creek, WA

Single-Family Homes

Schedule a demo today at AltosResearch.com



Mill Creek, WA

Tue Sep 16 2025
This week the median list price for Mill Creek, WA is $1,087,500 with the market action index hovering around 44. This is about the same as last month's market action index of 44. Inventory has decreased to 22. Click here to stay informed with the Mill Creek market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Mill Creek, WA

Tue Sep 16 2025
This week the median list price for Mill Creek, WA is $1,087,500 with the market action index hovering around 44. This is about the same as last month's market action index of 44. Inventory has decreased to 22. Click here to stay informed with the Mill Creek market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Mill Creek market.
Median List Price $1,087,500
Median Price of New Listings $1,072,475
Per Square Foot $479
Average Days on Market 48
Median Days on Market 46
Price Decreased 36%
Price Increased 0%
Relisted 5%
Inventory 22
Median Rent
Market Action 44
Slight Seller's Advantage

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,691,900 3,551 0.25 - 0.5 acre 5 2.5 30 0 2 24
$1,100,000 2,318 0.25 - 0.5 acre 3 2.5 36 1 0 49
$1,019,725 2,181 4,500 - 6,500 sqft 3 2.5 29 1 1 24
$799,950 1,728 0.25 - 0.5 acre 3 1.5 55 0 0 63