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Sunday, November 24, 2024

October 2020: Kent experienced a 13.7% increase in median home prices

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The median sale price of a home sold in October 2020 in Kent rose by $57,751 while total sales increased by 63.3%, according to BlockShopper.com.

In October 2020, there were 49 homes sold, with a median sale price of $480,000 - a 13.7% increase over the $422,250 median sale price for the same period of the previous year. There were 30 homes sold in Kent in October 2019.

The median sales tax in Kent for the most recent year with available data, 2016, was $3,686, approximately 0.8% of the median home sale price for October 2020.

The following table compares Kent 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)
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%
Pacific330%$466,500$345,00035.2%
Snoqualmie (unincorporated)220%$455,000$1,027,625-55.7%
Auburn373215.6%$453,000$391,50015.7%
Federal Way514513.3%$440,000$407,0008.1%

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