Is Maple Valley, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Maple Valley is a seller's market

Buyer's
Market

Difference Since October 2021

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

Key Takeaway

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

How much do homes in Maple Valley, WA cost?

Median Sold Price

$799,998

$372/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$110,998(+16.1%)

Key Takeaway

Homes in Maple Valley have sold for 16.1% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 $545K-
N/A
2 $470K$482.5K
+2.7%
3 $589.5K$660K
+12.0%
4 $730K$864.7K
+18.5%
5+ $816.7K$1.0M
+25.5%

Median Sold Price Compared To Nearby Cities

Black Diamond
+19.3%
Kent
+17.8%
Covington
+16.5%
Maple Valley
+16.1%
Tahoma-Maple Valley
+14.6%

How many homes are available in Maple Valley, WA?

Number of Homes For Sale

Sep 2022Oct 2022%
118110-6.8%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 01
+100.0%
2 25
+150.0%
3 4846
-4.2%
4 4742
-10.6%
5+ 2116
-23.8%

Number of Homes Sold

Sep 2022Oct 2022%
4136-12.2%

Asking Price vs. Sold Price

17 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Maple Valley, you may be able to get a good deal. 47.2% of homes here sold below asking price last month.

Average Sale Time

Oct 2021Oct 2022%
14 Days36 Days+154.6%

Breakdown of Home Sale Times

20 Homes Were Sold
Under 30 Days

12 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

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

About Maple Valley, WA

Maple Valley, WA has 110 homes for sale to choose from. In October 2022 in Maple Valley, WA there were 6.8% less homes for sale than in September 2022. In October 2022, listings were on the market for 36 days. During the same period, the median list price in this real estate market was $799,998. Listing prices have changed in this real estate market between September 2022 and October 2022: 1 bedroom properties became 0% more expensive, 2 bedrooms properties prices increased by 2.7%, the cost of 3 bedrooms properties went up by 12%, prices of 4 bedrooms properties increased by 18.5%, 5 bedrooms properties prices increased by 25.5%. Housing inventory have changed in this real estate market: 1 bedroom homes became 100% more available, 2 bedrooms homes inventory increased by 150%, the quantity of 3 bedrooms homes went down by 4.2%, the quantity of 4 bedrooms homes went down by 10.6%, volume of 5 bedrooms homes went down by 23.8%. Maple Valley, WA housing market in October 2022 saw over 9 listings sold above listed price, more than 10 sold at listed price and over 17 sold below.

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