Is Kenmore, WA a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Kenmore is a seller's market


Difference Since August 2022

Since last year, Kenmore has remained a Seller's Market.

Key Takeaway

Kenmore is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices

How much do homes in Kenmore, WA cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since August 2022


Key Takeaway

Homes in Kenmore have sold for 16.7% less than they did a year ago.

Summary: The median home sold price in Kenmore was $875,000 in August 2023, down 16.7% from last year, and the median price per square foot was $467.

Median Sold Price By Bedroom Count

# BEDSAug 2022Aug 2023CHANGE
1 $300K$332.4K
2 $549.9K$605K
3 $910K$852K
4 $1.2M$957.5K
5+ $1.4M$1.3M

Summary: Kenmore housing prices by bedroom type for August 2023 compared to the previous year: The home price of 1 bedroom homes increased by 10.8%, 2 bedroom homes increased by 10%, 3 bedroom homes decreased by 6.4%, 4 bedroom homes decreased by 24%, and 5+ bedroom homes decreased by 2.8%.

Median Sold Price Compared To Nearby Cities

Seattle East
Lake Forest Park

Housing Supply

How many homes are available in Kenmore, WA?

Number of Homes For Sale

Jul 2023Aug 2023CHANGE

Summary: The Kenmore real estate market had 79 homes for sale in August 2023, a 10.2% decrease compared to July 2023.

Homes For Sale By Bedroom Count

# BEDSJul 2023Aug 2023CHANGE
1 13
2 99
3 2321
4 4738
5+ 88

Summary: The Kenmore housing inventory by bedroom type for August 2023 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 8.7%, 4 bedroom homes decreased by 19.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jul 2023Aug 2023CHANGE

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

15 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Kenmore, you could pay more than the asking price. 41.7% of homes here sold above asking price last month.

Summary: A total of 36 homes were sold or pending in Kenmore in August 2023, up by 24.1% month-over-month. Of the 36 sold homes, 31% were sold under asking, 28% were sold at asking, and 42% were sold over asking.

Days on Market

How long does it take to sell a home in Kenmore, WA?

Average Sale Time

Aug 2022Aug 2023CHANGE
17 Days18 Days+6.6%

Summary: Homes in Kenmore had an average of 18 days on market in Aug 2023, up by 6.6% compared to last year.

Breakdown of Home Sale Times

29 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Kenmore are selling fast, if you're buying plan to act quickly.

Summary: During August 2023, 36 homes were sold in Kenmore; 81% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 27 Days Ago

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Nearby Markets

What housing markets are near Kenmore, WA?