Market Intelligence · WA / Renton

Renton, WA 98058 Housing Market

The typical home value in Renton's 98058 ZIP code is $707,206 as of September 2026, down 1.8% over the past year. The median list price is $752,500, and homes are spending a median of 44 days on the market.

Updated September 2026Median value$707K

The median home value in Renton, WA 98058 is $707K as of September 2026, down 1.8% 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.

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Typical 98058 range

$651K to $764K

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

-1.8% over 12 months

Typical home value in 98058 over the last 12 months: $720K in Sep 2025 to $707K in Sep 2026 (-1.8%).

Sep 2025$720K

Sep 2026$707K

The numbers

What is the 98058 housing market like?

Typical home value

$707K

Down1.8%YoY

Median list price

$753K

Down4.1%MoM

Days on market

44

Up18.9%MoM

Homes for sale

122

Up11.9%MoM

Price cuts

34.7%

Up45.7%MoM

New listings

46

Down4.2%MoM

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

The outlook

98058 housing market forecast 2027

-0.3%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 98058 to stay roughly flat by September 2027 (down 0.3%).

Over the 12 months through September 2026, typical home values in 98058 fell 1.8%, per the Zillow Home Value Index.

Will home prices drop in 98058?

Zillow's forecast does not point to a meaningful drop: it expects typical home values in 98058 to stay roughly flat by September 2027 (down 0.3%), after a 1.8% 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.

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The comparison

How do 98058 home prices compare?

  • 98058$707,206
  • 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

There were 122 homes for sale in 98058 as of September 2026, with 46 new listings coming on the market that month. The median list price sits at $752,500, above the typical home value of $707,206, which declined 1.8% over the past year. Homes are taking a median of 44 days to sell, and 34.7% of listings have had a price cut. That share of reductions suggests sellers are adjusting expectations in a softening market. For a seller, the practical takeaway is that pricing accurately from the start matters more right now than testing the top of the market.

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Common questions

What people ask us.

How much is a home in 98058 worth?

The typical home value in 98058 is $707,206 as of September 2026, down 1.8% over the past year. The median list price for active listings is $752,500.

How long does it take to sell a home in 98058?

Homes in 98058 are spending a median of 44 days on the market as of September 2026.

Is the 98058 housing market competitive right now?

As of September 2026, there were 122 homes for sale and 46 new listings in 98058, and 34.7% of listings had a price cut. With values down 1.8% over the past year, conditions have cooled somewhat for sellers.

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