Snohomish County · Seattle-Tacoma-Bellevue · population 20,993
Where Mill Creek stands
Home values down 3.1% in the last year.
Home value trajectory · last 10 years
Zillow ZHVI · monthlyLifestyle scores
Scores are heuristic estimates from population density, state, and known transit/walkable cities. Not based on a paid Walk Score / Transit Score API — see methodology for the formula.
Rent trajectory · last 5 years
Zillow ZORI · monthlyHome value vs rent · indexed to 100
Both rebased at first month of ZORI data (~2015)Rent vs buy
At a 35.7 price-to-rent ratio, renting beats buying in Mill Creek for most shorter holds. The premium you pay to own would take many years of rent savings to recoup, and that's before maintenance, taxes, and opportunity cost on the down payment.
How the momentum score breaks down
methodology →Mill Creek has held up across the cycle: home values at $991,943 with +6.3% 5-year CAGR. The bull case is structural — population, location, employer base — and holds even if next year's print is soft.
Mill Creek carries a $991,943 median home with only -3.1% YoY. Premium pricing in a flat tape is the bear setup — you're paying for the trend that already ran while new buyers can't afford to extend it.
About Mill Creek
Mill Creek is a city in Snohomish County, Washington, with an estimated population of 20,993. It anchors the Seattle-Tacoma-Bellevue metro area. The median home value in Mill Creek is $991,943 as of 2026-04, down 3.1% over the last 12 months. Over the last five years, home values have averaged +6.3% annual growth (-4.8% from the 5-year peak). Rents in Mill Creek average $2,318 per month, roughly flat year-over-year (+1.5%). The composite momentum score is 57 of 100 (Stable). Conditions are neither hot nor cold, so the local fit matters more than market timing.
▲ Bull case
▼ Bear case
Playbook
Lifestyle fit matters more than market timing in a Stable market. Take your time on the home and neighborhood; the macro trend isn't urgent. Negotiate normally.
Price competitively from day one or risk a 60+ day listing. Staging, photography, and presentation matter more in Stable markets than in Hot ones.
Stable cap rates, no big appreciation story to lean on. Underwrite this as a pure cash-flow play — the math has to work on rent alone.
Local safety & alerts
No active National Weather Service alerts for Snohomish County right now.
Public-safety links are official .gov sources, not curated by us. Snohomish County routes NWS alerts; check the state EM portal for non-weather emergencies.
Cities like Mill Creek
Run the numbers for Mill Creek
Sources: Zillow ZHVI (home values), Zillow ZORI (rents), US Census ACS + place population. Updated when source agencies publish revisions.
Climate & natural-disaster risk
State-level averages from NOAA Climate Normals (1991-2020) and FEMA National Risk Index. City-level conditions can vary significantly within a state.
Local sports teams
Major professional teams the Seattle-Tacoma-Bellevue area cheers for. Detailed stats, schedules, and player pages on intherafters.com.
Current weather
Find rentals & listings
Open current Mill Creek listings on the major real-estate sites.
Links open the live search on the destination site — results are always current.
Local economy & environment
Humidity is annual average relative humidity (NOAA). Income is Census ACS 5-year estimate. Industries are largest employment sectors statewide (BLS); the local mix in a given city may vary.
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