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Market Intelligence · WA / Kent

Kent, WA 98032 Housing Market

The typical home value in Kent, WA 98032 is $524,047 as of September 2026, down 0.9% over the past year. The median list price is $499,713, and homes are spending a median of 57 days on the market.

Updated September 2026Median value$524K

The median home value in Kent, WA 98032 is $524K as of September 2026, down 0.9% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 98032 range

$482K to $566K

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

-0.9% over 12 months

Typical home value in 98032 over the last 12 months: $529K in Sep 2025 to $524K in Sep 2026 (-0.9%).

Sep 2025$529K

Sep 2026$524K

The numbers

What is the 98032 housing market like?

Typical home value

$524K

Down0.9%YoY

Median list price

$500K

Up1.5%MoM

Days on market

57

Flat0.0%MoM

Homes for sale

72

Flat0.0%MoM

Price cuts

24.3%

Up24.3%MoM

New listings

26

Down7.1%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

98032 housing market forecast 2027

-0.4%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 98032 to stay roughly flat by September 2027 (down 0.4%).

Over the 12 months through September 2026, typical home values in 98032 fell 0.9%, per the Zillow Home Value Index.

Will home prices drop in 98032?

Zillow's forecast does not point to a meaningful drop: it expects typical home values in 98032 to stay roughly flat by September 2027 (down 0.4%), after a 0.9% decline over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 98032 home prices compare?

  • 98032$524,047
  • Kent$633,735
  • Washington$496,668
  • United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Kent: 4 ZIPs; Washington: 485 ZIPs; United States: 26,262 ZIPs).

Context

There are 72 homes for sale in 98032 as of September 2026, with 26 new listings coming on the market. Homes are moving in a median of 57 days, and the typical home value of $524,047 is down 0.9% over the past year. The median list price of $499,713 sits below that typical value, and 24.3% of listings have taken a price cut. Sellers here are negotiating from a softer position than a year ago, so pricing realistically from the start matters more than testing the market.

Monthly payment

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20% · $104,809

Common questions

What people ask us.

How much is a home in 98032 worth?

The typical home value in 98032 is $524,047 as of September 2026, down 0.9% over the past year.

How long does it take to sell a home in 98032?

Homes in 98032 are spending a median of 57 days on the market as of September 2026.

Are home prices negotiable in Kent, WA 98032?

The median list price is $499,713, and 24.3% of listings have had a price cut as of September 2026, so many sellers are adjusting their asking price.

Discover

Nearby ZIP markets.

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