LPT Weekly Market Insights

Kent, WA 98042

Single-Family Homes

Laura Papritz | Managing Broker | REAL Broker, LLC



Kent, WA 98042

Thu Oct 08 2026
This week the median list price for Kent, WA 98042 is $787,450 with the market action index hovering around 37. This is about the same as last month's market action index of 37. Inventory has decreased to 116. Click here to stay informed with the Kent market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Kent, WA 98042

Thu Oct 08 2026
This week the median list price for Kent, WA 98042 is $787,450 with the market action index hovering around 37. This is about the same as last month's market action index of 37. Inventory has decreased to 116. Click here to stay informed with the Kent market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Kent market.
Median List Price $787,450
Median Price of New Listings $651,975
Per Square Foot $352
Average Days on Market 84
Median Days on Market 70
Price Decreased 59%
Price Increased 2%
Relisted 15%
Inventory 116
Median Rent
Market Action 37
Slight Seller's Advantage

We continue to see the market at a plateau. This week prices bumped down a bit. Look for a persistent down-shift in the Market Action Index before we see prices significantly deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,119,950 3,050 1 - 2.5 acres 4 3 33 0 1 77
$852,500 3,001 6,500 - 8,000 sqft 4 3 23 0 4 77
$699,000 1,980 6,500 - 8,000 sqft 4 3 34 3 1 63
$584,999 1,540 6,500 - 8,000 sqft 3 2 49 1 6 63