98031 Home Values & Market Trends
There are 702 homes currently listed for 98031. 98031 real estate market trends show that home prices range from $220,000 to $1,899,950, and the median sales price in the 98031 zip code is $678,302. The total number of properties sold within the past twelve months is 335. In 98031, 16 properties are in foreclosure, 5 are bank owned properties,and 8 are headed for auction.
98031 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Kent | $ 663,509 $ 345/sqft |
Housing Market Summary for 98031
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $712.4K | $711.3K | -0.16% |
| Median Sold Price | $682.5K | $639.1K | -6.35% |
| Homes For Sale | 538 | 701 | 30.30% |
| Homes Sold | 177 | 123 | -30.51% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in 98031
Browse Homes in 98031
The median list price of a home in Kent, is $678,302. A total of 702 properties are for sale, and the percentage of properties for sale in the zip code is 702.00%. The total count of 98031 properties is 851.
- Pre-ForeclosurePre-foreclosure homes account for 0.35% of all residential properties in 98031 with kent containing 12 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 98031; of that cities, the estimated home value for pre-foreclosure homes ranges from $721,227 in kent to the lowest home value of $183,820 in kent.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 98031 ranges from the highest value of $1,032,482 in kent to the lowest value of $229,999 in kent. Bank owned homes and properties account for 0.59% of properties in 98031. There is 1 cities within 98031; kent containing 16 REO properties, has the highest number of bank owned properties in a single city.
- Auctionskent has 37 auction properties, the highest number of properties going to auction in a single city in the state of 98031. Auction homes and other auction properties account for 0.94% of all properties in 98031. There is 1 cities within 98031; of that cities, the median estimated home value for homes going to auction ranges from $1,151,406 in kent to the lowest value of $261,055 in kent.
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More Real Estate Resources for 98031
Guide for 98031
Washington Foreclosure Laws
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
