Market Intelligence · WA / Renton

Renton, WA 98056 Housing Market

The typical home in Renton, WA 98056 is worth $854,067, down 2.1% over the past year. Sellers are listing at a median price of $950,000, and homes are spending a median of 51 days on the market before selling.

Updated August 2026Median value$834K

The median home value in Renton, WA 98056 is $834K as of August 2026, down 2.1% 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 98056 range

$767K to $900K

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

-2.1% over 12 months

Typical home value in 98056 over the last 12 months: $851K in Aug 2025 to $834K in Aug 2026 (-2.1%).

Aug 2025$851K

Aug 2026$834K

The numbers

What is the 98056 housing market like?

Typical home value

$834K

Down2.1%YoY

Median list price

$950K

Down5.6%MoM

Days on market

51

Up15.9%MoM

Homes for sale

101

Up5.2%MoM

Price cuts

14.6%

Down27.0%MoM

New listings

40

Up5.3%MoM

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

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The comparison

How do 98056 home prices compare?

  • 98056$833,568
  • 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

There are 101 homes for sale in 98056, with 40 new listings coming to market. The median list price of $950,000 sits well above the typical home value of $854,067, which suggests many active listings are at the higher end of the local range. Values have slipped 2.1% over the past year, and 14.6% of listings have taken a price cut. With a median of 51 days on market, homes are not moving quickly. For a seller, realistic pricing from day one matters more than usual in this market.

Monthly payment

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20% · $166,714

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