Is Kent, WA 98030 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Kent is a balanced market. With about 4 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score56/ 100

More competitive than 57% of U.S. ZIP codes, and #161 of 298 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply4Under 4 months = seller’s market
Sold above original list18.7%Share of sales, last 3 months
Median sale-to-list99.6%Sold price ÷ list price
Median days on market19Listing to accepted offer
Median price per sq ft$319▼ −5.9% vs. last year

The Kent housing market right now

In the three months ending August 31, 2026, 19% of homes in Kent, WA 98030 sold above their list price, the typical home went under contract in 19 days and there were 4 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 77 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 27%, homes sold more slowly (15 days then) and the median sale price rose 14% to $659,715. Overall, Kent is less competitive than a year ago, which gives buyers more room.

Within King County, homes here sell more slowly than in 57% of the county’s ZIP codes, and sell less often over asking than in 57%. On our competition score, Kent ranks #161 of 298 WA ZIP codes with enough sales (score 56 out of 100).

Nearby, buyers who want less competition could look at Skykomish 98288 (0% sold over asking) or Baring 98224 (0% sold over asking), while Seattle 98155 (43% sold over asking) and Seattle 98136 (41% sold over asking) are even more competitive.

Nearby markets

Auburn 98001Seller’s market $342 /sq ftAuburn 98002Balanced $322 /sq ftAuburn 98092Balanced $324 /sq ftBaring 98224 $798 /sq ft Browse all markets →

Where Kent is

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Questions about Kent real estate

Is Kent a buyer’s or seller’s market?

A balanced market: there were 4 months of supply in Kent, WA 98030 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Kent?

The typical home went under contract in 19 days in the latest three months.

Do homes in Kent sell over asking?

19% of homes sold above their original list price, and the typical sale closed at 99.6% of the list price.

What are property taxes in Kent?

About 0.83% of a home’s value a year in King County, or roughly $3,320 on a $400,000 home.

What is the median home price in Kent?

The median sale price was $659,715 in the three months ending August 31, 2026, about $319 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology