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Friday, November 15, 2024

What happened to the median home price in Kent (unincorporated) during October 2020?

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The median sale price of a home sold in October 2020 in Kent (unincorporated) rose by $56,875 while total sales increased by 18.2%, according to BlockShopper.com.

In October 2020, there were 26 homes sold, with a median sale price of $512,500 - a 12.5% increase over the $455,625 median sale price for the same period of the previous year. There were 22 homes sold in Kent (unincorporated) in October 2019.

The median sales tax in Kent (unincorporated) for the most recent year with available data, 2016, was $3,966, approximately 0.8% of the median home sale price for October 2020.

The following table compares Kent (unincorporated) to other King County cities with similar median sale prices in October 2020:

CityOct. 2020 Home SalesOct. 2019 Home Sales% change (Total Home Sales)Oct. 2020 Median Sales PriceOct. 2019 Median Sales Price% change (Median Sales Price)
Covington151225%$550,000$389,50041.2%
Vashon (unincorporated)812-33.3%$532,500$586,500-9.2%
Maple Valley302050%$521,000$511,5001.9%
Renton (unincorporated)9650%$518,001$546,000-5.1%
Tukwila550%$515,000$390,00032.1%
Kent (unincorporated)262218.2%$512,500$455,62512.5%
Seattle (unincorporated)2023-13%$500,000$425,00017.6%
Enumclaw (unincorporated)713-46.2%$500,000$459,9908.7%
Black Diamond (unincorporated)10-$492,500$0-
Kent493063.3%$480,000$422,249.5013.7%
Auburn (unincorporated)171154.5%$480,000$422,90013.5%

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