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All market snapshots / 98038

Maple Valley, WA 98038 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
Maple Valley, WA inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.08
ActiveActive listings: 6060PendingPending sales: 55
Maple Valley, WA: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $825k$825kSoldMedian sold price (last 6 months): $750k$750k
What homes actually sell for in Maple Valley, WA
Distribution of 291 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $600k to $935k
$459k to $580k: 52 sales$459k$580k to $702k: 54 sales$702k to $823k: 63 sales63sales$702k$823k to $944k: 38 sales$944k to $1.07M: 22 sales$944k$1.07M to $1.19M: 17 sales$1.19M to $1.31M: 12 sales$1.19M$1.31M to $1.43M: 4 salesMedian $750k

What the numbers say

As of October 5, 2026, Resideline is tracking 60 active listings and 5 pending sales in ZIP code 98038. That pending-to-active ratio of 0.08 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $824,975, while the median of the 291 closed sales Resideline tracked over the last six months was $750,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 98038 for 73 days.

Frequently asked questions

What is the median home price in 98038?

The median closed sale price in Maple Valley, WA 98038 was $750,000 over the last six months, based on 291 closed sales tracked by Resideline. The middle half of those sales ranged from $599,950 to $935,000.

Is 98038 a buyer's or seller's market?

Resideline is currently tracking 5 pending sales against 60 active listings in 98038, a pending-to-active ratio of 0.08. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 98038 currently looks like a balanced market.

Nearby ZIP code market data

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