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Benson Hill (Benson) Southeast Spring Glen (South East Spring Glen) Southwest Spring Glen (South West Spring Glen) Spring Glen Springbrook (Spring Brook)

KENT, WA 98031

Real Estate Market Report
Buyer's Market
February 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 98031

Benson Hill (Benson) · Southeast Spring Glen (South East Spring Glen) · Southwest Spring Glen (South West Spring Glen) · Spring Glen · Springbrook (Spring Brook)

Market Analysis

Data as of February 2026. Source: Realtor.com.

The KENT, WA real estate market (98031) currently shows 61 active listings, with 21 pending sales. Homes are averaging 29 days on the market before going under contract.

Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 29 days on market compared to 24 days last year.

The median listing price has fallen 7.3% year-over-year, from $801,225 to $742,500.

Whether you are buying or selling in KENT, WA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 41,615  ·  Density: 2,077.7/mi²  ·  Median household income: $98,657

Typical home value: $493,621  ·  Homeownership: 66.3%

Market Overview

Active Listings
61
⇧ 8.9% vs 56 last year
Pending
21
34% pending ratio
Median Price
$742,500
⇩ 7.3% vs $801,225 last year
Average Price
$725,755
⇩ 7.4% vs $783,697 last year
Days on Market
29
⇧ 20.8% vs 24 days last year

Price Per Square Foot

Median $/sqft
$328
⇩ 8.9% vs $360/sqft last year
Median Home Size
2,185 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 61 this year vs 56 last year
  • Days on market: 29 now vs 24 last year

Median & Average Pricing

Year over Year
  • Median: $742,500 (-7.3% YoY)
  • Average: $725,755 (-7.4% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 10.9 miles — 711 listings ($555,225,788 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
98031Kent, WA 980310.0 mi44$31,428,848$698,975$714,292
98055Renton, WA 980552.9 mi29$17,106,230$500,000$589,870
98058Renton, WA 980584.1 mi71$48,120,250$696,940$677,750
98188Seattle, WA 981884.7 mi27$16,821,432$475,000$623,016
98198Seattle, WA 981985.5 mi59$30,889,214$492,000$523,546
98002Auburn, WA 980026.8 mi53$25,300,716$467,475$477,372
98059Renton, WA 980597.0 mi80$94,941,840$875,000$1,186,773
98056Renton, WA 980567.4 mi79$87,993,360$839,475$1,113,840
98166Seattle, WA 981668.0 mi24$31,697,328$855,000$1,320,722
98003Federal Way, WA 980038.9 mi82$45,283,598$525,000$552,239
98118Seattle, WA 9811810.1 mi97$81,722,791$693,000$842,503
98047Pacific, WA 9804710.3 mi5$2,597,500$519,500$519,500
98108Seattle, WA 9810810.9 mi61$41,322,681$640,000$677,421

Frequently Asked Questions

How many homes are for sale in KENT, WA 98031?

As of February 2026, there are 61 active listings in KENT, WA (zip code 98031), compared to 56 the prior year.

What is the median home price in KENT, WA 98031?

The median listing price in KENT, WA 98031 is $742,500 as of February 2026, a 7.3% decrease from $801,225 the prior year.

How long do homes stay on the market in KENT, WA?

Homes in KENT, WA 98031 spend an average of 29 days on the market before going under contract, compared to 24 days the prior year.

Is it a seller's or buyer's market in KENT, WA 98031?

Based on current inventory and days-on-market data as of February 2026, KENT, WA 98031 is currently a Buyer's Market. Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 29 days on market compared to 24 days last year.

How much can I save on real estate commission in KENT, WA?

With SELL123.com's maximum 3% commission, sellers in KENT, WA 98031 save an estimated $14,850 compared to a typical 5% commission on the median listing price of $742,500. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.