Kent, WA Home Values & Market Trends

Real estate market trends reflect that there have been 1,244 transactions over the past year in Kent. The median value for residential home transactions that occurred over the previous year is $651,349.81. The number of current listings in Kent is 20, and the percentage of properties for sale in the city is 20.00%. Kent, WA currently has 32 properties in foreclosure, 2 bank owned properties, 30 properties headed for auction, and 20 properties for sale.

Kent, WA Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
98042

$ 664,999

$ 363/sqft

98031

$ 777,690

$ 345/sqft

98030

$ 620,794

$ 408/sqft

98032

$ 560,185

$ 369/sqft

Housing Market Summary for Kent, WA

Apr 2023March 2024Change
Median Listing Price$600K$572K-4.67%
Median Sold Price$610.5K$572K-6.30%
Homes For Sale2724-11.11%
Homes Sold768710-7.55%
Price
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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%.

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Browse Homes in Kent, WA

Kent home values range from $24,947 to $41,053,337. The median estimated value of a home in Kent is $651,349.81. The median list price of a home is 680,500, and the total count of properties in the city is 35,052.

Foreclosure
There are 4 zips within Kent, WA; within these zips, the median estimated home value for homes in foreclosure ranges from $859,942 in 98032 to the lowest value of $394,115 in 98032. Foreclosure homes account for 0.00% of properties in Kent, WA with 98031 containing 11 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Kent, WA with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 4 zips within Kent, WA; of those zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Kent, WA ranges from the highest value of $495,866 in 98030 to the lowest value of $495,866 in 98032. Bank owned homes and properties account for 0.01% of properties in Kent, WA. There are 4 zips within Kent, WA; 98032 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    98031 has 11 auction properties, the highest number of properties going to auction in a single zip in the state of Kent, WA. Auction homes and other auction properties account for 0.09% of all properties in Kent, WA. There are 4 zips within Kent, WA; of those zips, the median estimated home value for homes going to auction ranges from $859,942 in 98031 to the lowest value of $394,115 in 98031.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.06% of residential properties in Kent, WA with 98042 containing 10 homes for sale, the highest number of listed properties in a single zip. There are 4 zips within Kent, WA; homes for sale in those zips, have a range of median values from $797,000 in 98031 to the lowest value of $399,744 in 98032.
    Sold Homes
    The median value for recently sold homes ranges from $1,206,810 in 98031 to the lowest price of $27,486 in 98031. There are 4 zips within Kent, WA. 98042 has 270 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 1.87% of properties in Kent, WA.

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      Guide for Kent, WA

      Market Reports
      Spokane Real Estate Market Shows Stability and Growth in March 2024
      Market Reports
      2023 Seattle Real Estate Market Review
      Home Buying Guides & Tips
      Washington Foreclosure Laws
      Investment Financing
      A Guide to Foreclosure Financing and Refinancing
      See More Articles
      Spokane Real Estate Market Shows Stability and Growth in March 2024
      Market Reports|posted 4 April 2024

      The Spokane real estate market is dynamic with average home value at $425,000 and per square foot value of $211 as of March 2024.

      2023 Seattle Real Estate Market Review
      Market Reports|posted 12 February 2024

      This blog post examines the ebb and flow of the Seattle real estate market in the past year, providing detailed insights into property values, average sold prices, and market trends in both Seattle and nearby cities. The data provides valuable insights for investors, homeowners, and real estate professionals.

      Washington Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      Washington Foreclosure Laws

      A Guide to Foreclosure Financing and Refinancing
      Investment Financing|posted 17 April 2024

      Information on foreclosure financing, refinancing, and foreclosure mortgages.

      Recently Listed Homes Kent, WA

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