Market Intelligence · WA / Kent

Kent, WA 98031 Housing Market

The typical home value in Kent, WA 98031 is $673,075, down 2.2% over the past year. Homes are listed at a median price of $690,000, and the median time on market is 38 days.

Updated June 2026Median value$673K

The median home value in Kent, WA 98031 is $673K as of June 2026, down 2.2% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 98031 range

$619K to $727K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

-2.2% over 12 months

Typical home value in 98031 over the last 12 months: $688K in Jun 2025 to $673K in Jun 2026 (-2.2%).

Jun 2025$688K

Jun 2026$673K

The numbers

What is the 98031 housing market like?

Typical home value

$673K

Down2.2%YoY

Median list price

$690K

Days on market

38

Up192.3%MoM

Homes for sale

69

Price cuts

15.2%

New listings

34

Sources · Zillow ZHVI (June 2026) / Realtor.com (June 2026) / FRED (July 2026)

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The comparison

How do 98031 home prices compare?

  • 98031$673,075
  • Kent$655,123
  • Washington$508,607
  • United States$291,471

Median Zillow home value (ZHVI), as of June 2026. Comparison levels are medians across every ZIP code with Zillow data (Kent: 4 ZIPs; Washington: 485 ZIPs; United States: 26,270 ZIPs).

Context

As of June 2026, there are 69 homes for sale in this part of Kent, with 34 new listings added recently. The median list price sits at $690,000, while the typical home value is $673,075, down 2.2% over the past year. Homes are taking a median of 38 days to sell, and 15.2% of listings have had a price cut. For a seller, this points to a market that has softened, so realistic pricing and patience matter more than they did a year ago.

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