Market Intelligence · WA / Renton

Renton, WA 98056 Housing Market

The typical home in Renton, WA 98056 is worth $828,266 as of September 2026, down 2.4% over the past year. Sellers are listing at a median of $953,750, and homes are taking a median of 49 days to sell.

Updated September 2026Median value$828K

The median home value in Renton, WA 98056 is $828K as of September 2026, down 2.4% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

Sell without the wait

Sell your Renton home for cash.

A competitive, no-obligation cash offer from our institutional network. No repairs, no showings, close on your timeline. Most sellers get their cash offer within 24 hours.

Typical 98056 range

$762K to $895K

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.

Not sure cash is the right move? Discuss your options with a licensed local pro, free.

Asset monitoring

Track your home's value.

A free monthly briefing with your estimated value and 98056 market stats. Unsubscribe anytime.

See how a cash offer works citywide: Sell your house fast in Renton, WA.

12-month value trend

-2.4% over 12 months

Sep 2025$849K

Low $828KHigh $858K

Sep 2026$828K

The numbers

What is the 98056 housing market like?

As of September 2026

Typical home value

$828K

2.4%YoY

Median list price

$954K

0.4%MoM

Days on market

3.9%MoM

Homes for sale

107

5.9%MoM

Price cuts

14.3%

2.3%MoM

New listings

0.0%MoM

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

The outlook

98056 housing market forecast 2027

-0.5%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 98056 to fall 0.5% by September 2027.

Over the 12 months through September 2026, typical home values in 98056 fell 2.4%, per the Zillow Home Value Index.

Will home prices drop in 98056?

Zillow's forecast says they may: it expects typical home values in 98056 to fall 0.5% by September 2027, after a 2.4% decline over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

Free home value report

See what your 98056 home is worth.

See your estimated value and a real cash offer, side by side. No obligation, about a minute.

The comparison

How do 98056 home prices compare?

98056$828,266
Renton$707,206
Washington$496,668
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Renton: 5 ZIPs; Washington: 485 ZIPs; United States: 26,262 ZIPs).

Context

As of September 2026, the typical home in 98056 is valued at $828,266, down 2.4% over the past year. There are 107 homes for sale, and 40 of those are new listings. The median list price sits at $953,750, while the median days on market is 49. Price cuts have appeared on 14.3% of listings. The data suggests a market where buyers have room to negotiate and sellers need to price realistically from the start.

Monthly payment

Estimate your monthly payment.

Home price

Down payment20% · $165,653

Term

Rate (%)

Common questions

What people ask us.

How much is a home in 98056 worth?

The typical home value in Renton, WA 98056 is $828,266 as of September 2026. That figure is down 2.4% over the past year.

How long does it take to sell a home in 98056?

Homes in 98056 are spending a median of 49 days on the market as of September 2026.

What are homes listed for in 98056?

The median list price in 98056 is $953,750 as of September 2026, with 107 homes for sale and 40 new listings.

Discover

Nearby ZIP markets.

Keep reading