The story of this market
The typical home in ZIP 98273 sells for about $563,693, or $319 per square foot.
Prices are roughly flat from a year ago (+1%), a market in balance. Homes take about 11 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,900 a month.
ZIP 98273 — Mount Vernon
The 98273 housing market is currently experiencing a period of stabilization with a median sale price of $563,693. While inventory levels have increased, buyer interest remains steady, supported by the area's relative affordability compared to the broader Puget Sound region. Market conditions are currently balanced, reflecting a transition from the high-growth environment of previous years.
This ZIP is well-suited for families and commuters who value a balance between small-town character and access to major employment hubs along the I-5 corridor, as well as those seeking more attainable housing than the central Puget Sound.
Median prices moved up 1.0% year over year.
Homes spend a median of 11 days on market with 9.8 months of supply — a balanced-paced market.
48% of listings have cut prices · homes sell at 94% of asking — demand is cooling.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.5% · poverty 9.8% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 8.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 98273, Skagit County WA
The area is served by the Mount Vernon School District, which provides a range of public education options for the community.
The region faces standard Pacific Northwest environmental considerations, including flood risks in low-lying areas near the Skagit River and seasonal wildfire smoke potential.
Mount Vernon serves as a regional hub for Skagit County with a diverse economy anchored by agriculture, healthcare, and manufacturing; development momentum is steady with ongoing residential and commercial infill.
Property taxes are assessed by Skagit County based on local millage rates that include state, county, city, and school district levies; exemptions are available for seniors and disabled veterans.
The ZIP is well-positioned along the I-5 corridor, providing a primary transit artery for commuters traveling north toward Bellingham or south toward Everett and the greater Seattle area.
Residents have access to the Skagit River, numerous local parks, and proximity to the North Cascades; shopping and dining are concentrated in the historic downtown and along the Riverside Drive corridor.
The rental market shows stable demand with a median rent of $1,900; vacancy pressure remains moderate as the area attracts both local workers and those seeking a more affordable alternative to the Seattle metro.
The economy is driven by the Skagit Valley's agricultural sector, Skagit Valley College, and regional healthcare providers like Skagit Regional Health.
The area is served by Skagit Transit and is located directly on the I-5 corridor, facilitating regional travel.
Ongoing planning efforts focus on transit-oriented development near the downtown core and expansion of residential capacity.
The Skagit County Assessor's office conducts annual property valuations to ensure equitable tax distribution.
Parcels are subject to levies from the Mount Vernon School District, Skagit County, and various local fire and utility districts.
Property insurance premiums are influenced by regional wildfire risk and flood zone designations near the Skagit River.
Data retrieved from data.census.gov ZCTA 98273 profile.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
Offers panoramic views of the Skagit Valley and extensive hiking trails.
A scenic path along the river connecting downtown to recreational areas.
A historic venue in downtown Mount Vernon hosting films and live performances.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.