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Sunday, September 22, 2024

Kent median home prices rose by 24.4% in November 2020

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The median sale price of a home sold in November 2020 in Kent rose by $106,050 while total sales decreased by 53.1%, according to BlockShopper.com.

In November 2020, there were 15 homes sold, with a median sale price of $540,000 - a 24.4% increase over the $433,950 median sale price for the same period of the previous year. There were 32 homes sold in Kent in November 2019.

The median sales tax in Kent for the most recent year with available data, 2016, was $3,686, approximately 0.7% of the median home sale price for November 2020.

The following table compares Kent to other King County cities with similar median sale prices in November 2020:

CityNov. 2020 Home SalesNov. 2019 Home Sales% change (Total Home Sales)Nov. 2020 Median Sales PriceNov. 2019 Median Sales Price% change (Median Sales Price)
Carnation110%$607,000$483,50025.5%
East Renton Highlands (unincorporated)2539-35.9%$600,000$500,00020%
Black Diamond24-50%$593,000$444,997.5033.3%
Auburn (unincorporated)111010%$569,380$353,50061.1%
Burien15147.1%$545,950$511,9996.6%
Kent1532-53.1%$540,000$433,95024.4%
Ravensdale (unincorporated)42100%$520,000$489,9756.1%
South Federal Way (unincorporated)24-50%$518,966$364,25042.5%
Maple Valley1624-33.3%$510,000$444,50014.7%
Kent (unincorporated)1529-48.3%$480,000$465,0003.2%
Seatac990%$477,000$414,95015%

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