Maple Valley Housing Market Report December 2024•King County, Washington
Housing Prices in Maple Valley, WA
How much do homes in Maple Valley, WA cost?
Housing Market Conditions
Is Maple Valley, WA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Maple Valley is a Seller's Market
Difference Since December 2023
Since last year, Maple Valley has remained a Seller's Market.
Maple Valley is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Maple Valley have sold for 7.6% more than they did a year ago.
Summary: The median home sold price in Maple Valley was $796,750 in December 2024, up 7.6% from last year, and the median price per square foot was $373.
Median Sold Price By City
| City | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| Covington | $635K | $697.9K | +9.9% |
| Tahoma-Maple Valley | $688.9K | $749.9K | +8.8% |
| Maple Valley | $740.6K | $796.7K | +7.6% |
| Kent | $624.9K | $660.2K | +5.7% |
| Enumclaw Plateau | $708.1K | $700K | -1.2% |
Median Sold Price By Bedrooms
| Beds | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $579K | $478.5K | -17.4% |
| 22 Bedrooms | $495K | $499.9K | +1.0% |
| 33 Bedrooms | $674.5K | $720K | +6.7% |
| 44 Bedrooms | $825K | $880K | +6.7% |
| 55+ Bedrooms | $845K | $1.1M | +34.7% |
Summary: Maple Valley housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes decreased by -17.4%. The home price for 2 bedroom homes increased by +1.0%. The home price for 3 bedroom homes increased by +6.7%. The home price for 4 bedroom homes increased by +6.7%. The home price for 5 bedroom homes increased by +34.7%.
Housing supply in Maple Valley, WA
How many homes are available in Maple Valley, WA?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 65Last MonthDec 2024 | ||
| 912 months agoNov 2024 | -28.6 % Change MoMNov – Dec |
Summary: The Maple Valley real estate market had 65 homes for sale in Dec 2024, a 28.6 % decrease compared to Nov 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 24Last MonthDec 2024 | ||
| 332 months agoNov 2024 | -27.3 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 13 | 9 | -30.8% |
| 33 Bedrooms | 31 | 24 | -22.6% |
| 44 Bedrooms | 38 | 26 | -31.6% |
| 55+ Bedrooms | 9 | 6 | -33.3% |
Summary: Maple Valley housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -30.8%. The inventory for 3 bedroom homes decreased by -22.6%. The inventory for 4 bedroom homes decreased by -31.6%. The inventory for 5 bedroom homes decreased by -33.3%.
Asking Price vs. Sold Price
How much do homes in Maple Valley, WA cost?
Over Asking Price6 Homes
At Asking Price10 Homes
Under Asking Price8 Homes
If you're buying a home in Maple Valley, expect to pay close to the asking price. 41.7% of homes here sold near the asking price last month.
Summary: A total of 24 homes were sold or pending in Maple Valley in December 2024, down by 27.3% month-over-month. Of the 24 sold homes, 33% were sold under asking, 42% were sold at asking, and and 25% were sold over asking.
Days on Market for Maple Valley, WA
How long does it take to sell a home in Maple Valley, WA?
Breakdown of Home Sale Times
Under 30 Days12 Homes
30 – 90 Days12 Homes
Over 90 Days0 Home
Many homes in Maple Valley are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 24 homes were sold in Maple Valley; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 30 DaysThis YearDec 2024 | ||
| 30 Days1 year agoDec 2023 | -0.3 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Maple Valley had an average listing age of 30 days in Dec 2024, down by 0.3% compared to the previous year.
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Newest Listings in Maple Valley, WA
What homes are available in Maple Valley, WA?
New listings aren’t available for Maple Valley, WA
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