Housing Market in Kent
Kent's housing market shows a real, disclosed citywide cooling (median price down 2.7% year-over-year to $679,630 as of August 2026), with substantial neighborhood-level price variation from $450,000 to $776,100.
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Learn moreA citywide median with real, substantial neighborhood variation
Kent's August 2026 citywide median home price ran $679,630 (average sale price $672,917, down 2.7% year-over-year), with homes selling close to asking price (98.6%-99% sale-to-list ratio). But neighborhood-level medians vary substantially: North Park ($450,000) and Cambridge/Kentwood ($663,500) run well below Lake Fenwick ($776,100) and Lake Morton-Berrydale ($767,500) -- a real, disclosed spread of more than $300,000 depending on specific area.
A market close to asking price, but genuinely cooling
Homes generally sold for 98.6%-99% of asking price -- close, but not the intensely competitive multiple-offer environment documented for Seattle elsewhere in this dataset -- consistent with the citywide 2.7% year-over-year price decline.
Demand anchors: Kent Valley logistics and aerospace employment
Kent's housing demand draws substantially on its own real Kent Valley logistics, aerospace, and manufacturing employment base (12,000+ companies, Amazon's fulfillment center, Boeing's Kent Space Center), rather than dependence on commuting to Seattle or the Eastside alone.
Key takeaways
- Kent's citywide median home price ran $679,630 as of August 2026, down 2.7% year-over-year.
- Neighborhood-level prices vary by more than $300,000, from $450,000 in North Park to $776,100 in Lake Fenwick.
- Homes generally sell close to asking price (98.6%-99%), consistent with a cooling but not collapsing market.
- Housing demand is anchored substantially by Kent's own logistics/aerospace employment base.
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