The housing market in Kent, WA is slightly more expensive than the median for the United States. The median home value in Kent, WA is $594,500, while the median for the US is $338,100. Although both markets enjoy steady appreciation, the appreciation rate of Kent's housing market is a bit lower at 7.43%, compared to the US' 8.27%. Despite this minor difference, real estate in Kent is still an attractive investment opportunity for those looking to buy a home and settle down in this charming city.
The median home cost in Kent is $594,500. Home appreciation the last 10 years has been 167.2%. Home Appreciation in Kent is up 14.8%.
Average Age of Homes
- The median age of Kent real estate is 32 years old
The Rental Market in Kent
- Renters make up 43.1% of the Kent population
- 1.6% of houses and apartments in Kent, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.