How much is a home in 98055 worth?

The typical home value in 98055 is $649,781, down 2.1% over the past year. The median list price is $525,750.

How long do homes take to sell in 98055?

Homes in 98055 spend a median of 57 days on market. There are currently 64 homes for sale, with 12 new listings.

Are sellers cutting prices in 98055?

Yes. 35.2% of listings in 98055 have had a price cut.

Market Intelligence · WA / Renton

Renton, WA 98055 Housing Market

The typical home value in 98055 is $649,781, down 2.1% over the past year. Homes currently carry a median list price of $525,750 and a median of 57 days on market.

Updated August 2026Median value$638K

The median home value in Renton, WA 98055 is $638K as of August 2026, down 2.0% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 98055 range

$587K to $689K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

-2.0% over 12 months

Aug 2025$651K

Low $638KHigh $657K

Aug 2026$638K

The numbers

What is the 98055 housing market like?

As of August 2026

Typical home value

$638K

2.0%YoY

Median list price

$526K

3.9%MoM

Days on market

32.6%MoM

Homes for sale

1.6%MoM

Price cuts

35.2%

30.7%MoM

New listings

45.5%MoM

Sources · Zillow ZHVI (August 2026) / Realtor.com (August 2026) / FRED (September 2026)

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The comparison

How do 98055 home prices compare?

98055$638,160
Renton$714,942
Washington$500,124
United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Renton: 5 ZIPs; Washington: 485 ZIPs; United States: 26,265 ZIPs).

Context

Renton's 98055 market shows a typical home value of $649,781, a decline of 2.1% over the past year. There are 64 homes for sale, with 12 new listings added, so buyers have some selection. The median list price sits at $525,750, and homes spend a median of 57 days on market. Notably, 35.2% of listings have taken a price cut. For a seller, this data points to a cooling market where pricing accurately from the start matters more than testing high.

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