The housing market in 98032 Kent, WA is doing well. The median value of a home in the area is $496,700, which is much greater than the U.S. house median value of $338,100. In the last year, U.S. house appreciation was 8.27%, but the appreciation in Kent was even higher at 7.43%. This indicates that the housing market in Kent is healthy and that it may continue to experience growth in the future.
The median home cost in Kent (zip 98032) is $496,700. Home appreciation the last 10 years has been 167.2%. Home Appreciation in Kent (zip 98032) is up 14.8%.
Average Age of Homes
- The median age of Kent (zip 98032) real estate is 33 years old
The Rental Market in Kent (zip 98032)
- Renters make up 54.1% of the Kent (zip 98032) population
- 2.3% of houses and apartments in Kent (zip 98032), 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.