Kent, WA Home Values & Market Trends
Real estate market trends reflect that there have been 1,264 transactions over the past year in Kent. The median value for residential home transactions that occurred over the previous year is $651,348.68. The number of current listings in Kent is 23, and the percentage of properties for sale in the city is 23.00%. Kent, WA currently has 36 properties in foreclosure, 2 bank owned properties, 33 properties headed for auction, and 23 properties for sale.
Kent, WA Real Estate Market Overview
Housing Market Summary for Kent, WA
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $600K | $572K | -4.67% |
| Median Sold Price | $610.5K | $572K | -6.30% |
| Homes For Sale | 27 | 24 | -11.11% |
| Homes Sold | 768 | 710 | -7.55% |
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 Kent, WA
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 $651,348.68. The median list price of a home is 675,000, and the total count of properties in the city is 35,054.
- Pre-ForeclosurePre-foreclosure homes account for 0.00% of all residential properties in Kent, WA with 98032 containing 1 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 $376,184 in 98032 to the lowest home value of $376,184 in 98032.
- Bank OwnedThe 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.
- Auctions98031 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.
Compare Nearby Cities
More Real Estate Resources for Kent, WA
Guide for Kent, WA
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.
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
Learn how a short sale can stop the foreclosure process.