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Cedar Mountain Maple Hills

MAPLE VALLEY, WA 98038

Real Estate Market Report  ·  King County
Buyer's Market
April 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 98038

Cedar Mountain · Maple Hills

Market Analysis

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

The MAPLE VALLEY, WA real estate market (98038) currently shows 111 active listings, with 48 pending sales. Homes are averaging 32 days on the market before going under contract.

Inventory has increased compared to last year, with 41 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 32 days on market compared to 18 days last year.

The median listing price has fallen 0.2% year-over-year, from $778,738 to $777,500.

Whether you are buying or selling in MAPLE VALLEY, 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 Context

Market Context

Population: 37,877  ·  Density: 222.2/mi²  ·  Median household income: $135,304

Typical home value: $659,064  ·  Homeownership: 86.1%

Market Overview

Active Listings
111
⇧ 58.6% vs 70 last year
Pending
48
43% pending ratio
Median Price
$777,500
⇩ 0.2% vs $778,738 last year
Average Price
$849,867
⇧ 1.1% vs $840,663 last year
Days on Market
32
⇧ 77.8% vs 18 days last year

Price Per Square Foot

Median $/sqft
$383
⇩ 5.7% vs $406/sqft last year
Median Home Size
1,998 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 111 this year vs 70 last year
  • Days on market: 32 now vs 18 last year

Median & Average Pricing

Year over Year
  • Median: $777,500 (-0.2% YoY)
  • Average: $849,867 (+1.1% 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
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 14.8 miles — 743 listings ($711,934,791 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
98038Maple Valley, WA 980380.0 mi74$63,826,036$778,250$862,514
98027Issaquah, WA 980276.3 mi81$105,720,633$1,191,248$1,305,193
98058Renton, WA 980588.1 mi84$59,922,996$765,988$713,369
98050Preston, WA 980509.0 mi1$2,345,000$2,345,000$2,345,000
98029Issaquah, WA 980299.9 mi86$89,915,322$691,739$1,045,527
98031Kent, WA 9803111.2 mi61$44,271,055$742,500$725,755
98030Kent, WA 9803011.8 mi69$42,235,107$649,938$612,103
98075Sammamish, WA 9807512.2 mi44$71,210,480$1,687,500$1,618,420
98057Renton, WA 9805712.9 mi27$13,408,173$393,697$496,599
98032Kent, WA 9803214.3 mi61$36,406,508$556,225$596,828
98002Auburn, WA 9800214.4 mi56$27,021,512$472,500$482,527
98045North Bend, WA 9804514.7 mi46$59,899,360$1,147,500$1,302,160
98008Bellevue, WA 9800814.8 mi53$95,752,609$1,575,000$1,806,653

Frequently Asked Questions

How many homes are for sale in MAPLE VALLEY, WA 98038?

As of April 2026, there are 111 active listings in MAPLE VALLEY, WA (zip code 98038), compared to 70 the prior year.

What is the median home price in MAPLE VALLEY, WA 98038?

The median listing price in MAPLE VALLEY, WA 98038 is $777,500 as of April 2026, a 0.2% decrease from $778,738 the prior year.

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

Homes in MAPLE VALLEY, WA 98038 spend an average of 32 days on the market before going under contract, compared to 18 days the prior year.

Is it a seller's or buyer's market in MAPLE VALLEY, WA 98038?

Based on current inventory and days-on-market data as of April 2026, MAPLE VALLEY, WA 98038 is currently a Buyer's Market. Inventory has increased compared to last year, with 41 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 32 days on market compared to 18 days last year.

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

With SELL123.com's maximum 3% commission, sellers in MAPLE VALLEY, WA 98038 save an estimated $15,550 compared to a typical 5% commission on the median listing price of $777,500. 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.