How much is a home worth in ZIP code 98272?

The typical home in 98272 is worth $736,154, based on the Zillow Home Value Index.

Are home values rising in 98272?

Home values in 98272 are down 0.6% over the past year, and up 5.0% a year over five years.

What is the typical rent in 98272?

A typical home in 98272 rents for about $2,291 a month, a gross rental yield of 3.7%.

What is the property tax rate in 98272?

The effective property tax rate in 98272 is 0.7% — roughly $4,997 a year on a typical home.

ZIP code 98272 has a population of 31,436 and a median household income of $122,352.

HousingHandbookReference data

…

U.S. ZIP Code · WA98272

Snohomish County · Seattle-Tacoma-Bellevue, WA

Typical home value

$736,154^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -0.6%
5-year / yr: +5.0%
10-year / yr: +7.5%

Relative price

vs U.S.: +159.1%
vs metro: +7.3%
vs state: +46.3%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 98272 is worth $736,154 — 7.3% above the Seattle-Tacoma-Bellevue, WA median. Over the past year, values have fallen 0.6%. Homes here rent for a typical $2,291 a month — a 3.7% gross rental yield. The effective property tax rate is 0.7%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $2,291^[2]
Gross yield: 3.7%^[2]
Cap rate: 2.2%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 0.7%^[3]
Typical annual tax: $4,997^[3]

#Climate risk

FEMA National Risk Index ratings for Snohomish County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively High^[4]
Riverine flood: Relatively High
Coastal flood: Relatively Moderate
Wildfire: Very Low
Drought: Very Low
Heat wave: Relatively High
Hurricane: Not Applicable
Tornado: Relatively Low
Earthquake: Relatively High
Winter weather: Relatively High

#Who lives here

Population: 31,436^[3]
Median household income: $122,352^[3]

#Migration

Household moves in and out of Snohomish County over a year, from IRS tax-return data.

Net migration: +1,395^[5]
Moved in: 23,597
Moved out: 22,202

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 9
Elementary: 3
Middle: 1
High: 2

Monroe High School
High · Grades 9–12 · Monroe School District
1,491 students
Sky Valley Education Center
Other · Grades K–12 · Monroe School District
887 students
Park Place Middle School
Middle · Grades 6–8 · Monroe School District
718 students
Frank Wagner Elementary
Elementary · Grades PK–5 · Monroe School District
543 students
Salem Woods Elementary School
Elementary · Grades PK–5 · Monroe School District
477 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield3.7%

Net yield (after ~40% expenses)2.2%

Annual rent$27,497

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$3,722

Loan principal$588,923

Down payment$147,231

Total interest paid$751,139

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio2.07

Monthly cost to own$4,753

Monthly rent$2,291

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 77th percentile^[1]
Rental yield: 58th percentile^[2]
Property tax: 9th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 98272?: The typical home in 98272 is worth $736,154, based on the Zillow Home Value Index.
Are home values rising in 98272?: Home values in 98272 are down 0.6% over the past year, and up 5.0% a year over five years.
What is the typical rent in 98272?: A typical home in 98272 rents for about $2,291 a month, a gross rental yield of 3.7%.
What is the property tax rate in 98272?: The effective property tax rate in 98272 is 0.7% — roughly $4,997 a year on a typical home.
Who lives in 98272?: ZIP code 98272 has a population of 31,436 and a median household income of $122,352.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

98394 vs 98272 →
Key Center CDP, WA
Typical home
$738,367
Gross yield
—
98058 vs 98272 →
Fairwood CDP, WA
Typical home
$744,308
Gross yield
3.6%
98102
Seattle, WA
Typical home
$745,904
Gross yield
3.2%
98258
Lake Stevens, WA
Typical home
$721,121
Gross yield
4.7%
98118
Seattle, WA
Typical home
$751,509
Gross yield
2.9%
98292
Kayak Point CDP, WA
Typical home
$720,790
Gross yield
3.3%

Want similar ZIPs from outside this metro? Browse nationally similar ZIPs →

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Pit ZIP 98272 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · WA98272

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