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Stonepine

KENT, WA 98031

Real Estate Market Report  ·  King County
Seller's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
44
⇩ 17% vs 53 last year
Pending
19
43% pending ratio
Median Price
$698,975
⇩ 6.7% vs $748,963 last year
Average Price
$714,292
⇩ 8% vs $776,730 last year
Days on Market
58
⇩ 1.7% vs 59 days last year

Market Context

Population: 41,615  ·  Density: 2,077.7/mi²  ·  Median household income: $98,657

Typical home value: $493,621  ·  Homeownership: 66.3%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The KENT, WA real estate market (98031) currently shows 44 active listings, with 19 pending sales. Homes are averaging 58 days on the market before going under contract.

Inventory has tightened compared to last year, with 9 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 58 days on market compared to 59 days last year.

The median listing price has fallen 6.7% year-over-year, from $748,963 to $698,975.

Whether you are buying or selling in KENT, WA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 44 this year vs 53 last year
  • Days on market: 58 now vs 59 last year

Median & Average Pricing

Year over Year
  • Median: $698,975 (-6.7% YoY)
  • Average: $714,292 (-8% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 10.9 miles — 711 listings ($555,225,788 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
98031Kent, WA 980310.0 mi44$31,428,848$698,975$714,292
98055Renton, WA 980552.9 mi29$17,106,230$500,000$589,870
98058Renton, WA 980584.1 mi71$48,120,250$696,940$677,750
98188Seattle, WA 981884.7 mi27$16,821,432$475,000$623,016
98198Seattle, WA 981985.5 mi59$30,889,214$492,000$523,546
98002Auburn, WA 980026.8 mi53$25,300,716$467,475$477,372
98059Renton, WA 980597.0 mi80$94,941,840$875,000$1,186,773
98056Renton, WA 980567.4 mi79$87,993,360$839,475$1,113,840
98166Seattle, WA 981668.0 mi24$31,697,328$855,000$1,320,722
98003Federal Way, WA 980038.9 mi82$45,283,598$525,000$552,239
98118Seattle, WA 9811810.1 mi97$81,722,791$693,000$842,503
98047Pacific, WA 9804710.3 mi5$2,597,500$519,500$519,500
98108Seattle, WA 9810810.9 mi61$41,322,681$640,000$677,421

Frequently Asked Questions

How many homes are for sale in KENT, WA 98031?

As of January 2026, there are 44 active listings in KENT, WA (zip code 98031), compared to 53 the prior year.

What is the median home price in KENT, WA 98031?

The median listing price in KENT, WA 98031 is $698,975 as of January 2026, a 6.7% decrease from $748,963 the prior year.

How long do homes stay on the market in KENT, WA?

Homes in KENT, WA 98031 spend an average of 58 days on the market before going under contract, compared to 59 days the prior year.

Is it a seller's or buyer's market in KENT, WA 98031?

Based on current inventory and days-on-market data as of January 2026, KENT, WA 98031 is currently a Seller's Market. Inventory has tightened compared to last year, with 9 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 58 days on market compared to 59 days last year.

How much can I save on real estate commission in KENT, WA?

With SELL123.com's maximum 3% commission, sellers in KENT, WA 98031 save an estimated $13,980 compared to a typical 5% commission on the median listing price of $698,975. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.