Market Intelligence · WA / Maple Valley

Maple Valley, WA 98038 Housing Market

Typical home value in Maple Valley is $784,277, down 2.4% over the past year. The median list price is $850,000, and homes are taking a median of 44 days to sell.

Updated August 2026Median value$771K

The median home value in Maple Valley, WA 98038 is $771K as of August 2026, down 2.3% 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 98038 range

$710K to $833K

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

-2.3% over 12 months

Typical home value in 98038 over the last 12 months: $789K in Aug 2025 to $771K in Aug 2026 (-2.3%).

Aug 2025$789K

Aug 2026$771K

The numbers

What is the 98038 housing market like?

Typical home value

$771K

Down2.3%YoY

Median list price

$850K

Down0.2%MoM

Days on market

44

Up18.9%MoM

Homes for sale

124

Up10.7%MoM

Price cuts

33.0%

Up26.1%MoM

New listings

40

Down28.6%MoM

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

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The comparison

How do 98038 home prices compare?

  • 98038$771,444
  • Maple Valley$771,444
  • Washington$500,124
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Maple Valley: 1 ZIPs; Washington: 485 ZIPs; United States: 26,265 ZIPs).

Context

Maple Valley's market shows signs of cooling. There are 124 homes for sale with 40 new listings arriving recently. The median time on market of 44 days suggests modest buyer interest. A third of listings have seen price cuts, which aligns with the year-over-year decline in home values. Sellers should expect a market that rewards realism over optimism.

Monthly payment

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20% · $154,289

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