Similar to its surrounding areas, it's substantially more expensive compared to the nation as a whole. Compared to the city of Seattle however, it is a bit less expensive.
Home prices
The median home in Martha Lake costs $459,300. In comparison to its surrounding areas this is about $4,880 (1%) lower.Compared to the country as a whole it is about $241,800 (111%) higher, and in comparison to the city of Seattle it is roughly $203,800 (30%) lower.
Rents
In Martha Lake the median monthly rent is $1,673. This is about $93 (5%) lower in comparison to its surrounding areas.It is approximately $611 (57%) higher compared to the entire country, and in comparison to the city of Seattle is approximately $59 (3%) higher.
Nearby places
Larch Way
Larch Way is Martha Lake's neighbor to the west. The real estate prices there are fairly similar. The median home in Larch Way is valued at $464,400, which is $5,100 (1%) higher than Martha Lake. The rent there is similar. In Larch Way the median monthly rent is $1,651, which is $22 (1%) lower than Martha Lake.
Mill Creek
Mill Creek is Martha Lake's neighbor to the northeast. The real estate prices there are a bit more expensive. The median home in Mill Creek costs $536,800, which comes out to $77,500 (14%) higher than Martha Lake. Its rents are somewhat more expensive. Mill Creek's median rent is $1,812 per month, which is $139 (7%) higher than Martha Lake.
North Lynnwood
North Lynnwood is Martha Lake's neighbor to the west. Its housing prices are a bit less expensive. The median home in North Lynnwood is valued at $363,700, which is $95,600 (26%) lower than Martha Lake. Its rents are pretty similar. North Lynnwood's median monthly rent is $1,683, which is very similar to Martha Lake.
Lake Stickney
Lake Stickney is Martha Lake's neighbor to the northwest. The housing prices there are somewhat less expensive. The median home value in Lake Stickney is $432,700, which is $26,600 (6%) lower than Martha Lake. Its rents are somewhat less expensive. The median monthly rent in Lake Stickney is $1,492, which comes out to $181 (12%) lower than Martha Lake.
Mill Creek East
Mill Creek East is Martha Lake's neighbor to the east. The real estate prices there are a little more expensive. The median home in Mill Creek East is valued at $523,300, which is $64,000 (12%) higher than Martha Lake. Rents there are somewhat more expensive. Mill Creek East's median monthly rent is $2,193, which works out to $520 (23%) higher than Martha Lake.
