Construction Value
$106.1M ▲ 166.8%
Units Permitted
535 ▲ 144.3%
Avg Value / Unit
$198K
2024 · Census Bureau Building Permits Survey
Construction activity in Lynnwood jumped in 2024, up 144.3% from the prior year with 535 housing units permitted. At $198K per unit, new builds are 24% below the Snohomish County average of $261K, indicating more affordable construction. Volume is 463% above the county average of 95 units, suggesting faster-than-typical growth. 96.6% of new units were multi-family (apartments, condos, duplexes).
Housing Mixi
Development Densityi
Units per building permitted
Predominantly multi-unit and higher-density construction.
Construction Intensityi
$3K
per resident
County avg: $5K-50%
$13.5M
per square mile
Lynnwood vs. Snohomish County Averagei
Where the Money Goesi
Construction value by housing type (2024)
| Type | Units | Bldgs | Value | Share |
|---|---|---|---|---|
| ■ Single-Family | 18 | 18 | $7.5M | 7% |
| ■ Duplex | 0 | 0 | — | 0% |
| ■ 3-4 Unit | 0 | 0 | — | 0% |
| ■ 5+ Unit | 517 | 2 | $98.6M | 93% |
County Ranking by Construction Volume
Among 18 permit-issuing towns in Snohomish County
Historical trends, year-over-year analysis, and full permit history available with a paid plan. See products & pricing →