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MAPLE VALLEY, WA 98038

Real Estate Market Report  ·  King County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
45
⇩ 2.2% vs 46 last year
Pending
14
31% pending ratio
Median Price
$760,000
⇩ 12.9% vs $872,475 last year
Average Price
$836,321
⇩ 21.3% vs $1,062,561 last year
Days on Market
64
⇧ 18.5% vs 54 days last year

Market Context

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

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

Market Analysis

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

The MAPLE VALLEY, WA real estate market (98038) currently shows 45 active listings, with 14 pending sales. Homes are averaging 64 days on the market before going under contract.

Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 64 days on market compared to 54 days last year.

The median listing price has fallen 12.9% year-over-year, from $872,475 to $760,000.

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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 45 this year vs 46 last year
  • Days on market: 64 now vs 54 last year

Median & Average Pricing

Year over Year
  • Median: $760,000 (-12.9% YoY)
  • Average: $836,321 (-21.3% 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 14.8 miles — 565 listings ($527,988,965 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
98038Maple Valley, WA 980380.0 mi45$37,634,445$760,000$836,321
98027Issaquah, WA 980276.3 mi61$84,569,119$1,199,950$1,386,379
98058Renton, WA 980588.1 mi71$48,120,250$696,940$677,750
98050Preston, WA 980509.0 mi1$2,395,000$2,395,000$2,395,000
98029Issaquah, WA 980299.9 mi60$59,582,220$730,000$993,037
98031Kent, WA 9803111.2 mi44$31,428,848$698,975$714,292
98030Kent, WA 9803011.8 mi58$35,416,424$660,000$610,628
98075Sammamish, WA 9807512.2 mi29$44,804,768$1,469,000$1,544,992
98057Renton, WA 9805712.9 mi19$9,818,383$455,000$516,757
98032Kent, WA 9803214.3 mi54$31,841,748$525,000$589,662
98002Auburn, WA 9800214.4 mi53$25,300,716$467,475$477,372
98045North Bend, WA 9804514.7 mi32$45,888,224$1,295,000$1,434,007
98008Bellevue, WA 9800814.8 mi38$71,188,820$1,640,000$1,873,390

Frequently Asked Questions

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

As of January 2026, there are 45 active listings in MAPLE VALLEY, WA (zip code 98038), compared to 46 the prior year.

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

The median listing price in MAPLE VALLEY, WA 98038 is $760,000 as of January 2026, a 12.9% decrease from $872,475 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 64 days on the market before going under contract, compared to 54 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 January 2026, MAPLE VALLEY, WA 98038 is currently a Balanced Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 64 days on market compared to 54 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 $15,200 compared to a typical 5% commission on the median listing price of $760,000. 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.