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Market Intelligence · WA / Renton

Renton, WA 98059 Housing Market

The typical home in Renton, WA 98059 is worth $919,321, down 2.3% over the past year as of September 2026. Sellers are listing at a median of $929,000, and homes are taking a median of 58 days to sell.

Updated September 2026Median value$919K

The median home value in Renton, WA 98059 is $919K as of September 2026, down 2.3% 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 98059 range

$846K to $993K

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

-2.3% over 12 months

Typical home value in 98059 over the last 12 months: $941K in Sep 2025 to $919K in Sep 2026 (-2.3%).

Sep 2025$941K

Sep 2026$919K

The numbers

What is the 98059 housing market like?

Typical home value

$919K

Down2.3%YoY

Median list price

$929K

Up5.0%MoM

Days on market

58

Up16.0%MoM

Homes for sale

111

Down10.5%MoM

Price cuts

17.4%

Down38.6%MoM

New listings

34

Up6.3%MoM

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

The outlook

98059 housing market forecast 2027

-0.3%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 98059 to stay roughly flat by September 2027 (down 0.3%).

Over the 12 months through September 2026, typical home values in 98059 fell 2.3%, per the Zillow Home Value Index.

Will home prices drop in 98059?

Zillow's forecast does not point to a meaningful drop: it expects typical home values in 98059 to stay roughly flat by September 2027 (down 0.3%), after a 2.3% 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 98059 home prices compare?

  • 98059$919,321
  • 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 111 homes for sale in 98059 in September 2026, with 34 new listings coming to market that month. The median list price was $929,000, and the median days on market was 58. About 17.4% of listings had a price cut, which fits with a typical value of $919,321 that is down 2.3% over the past year. Inventory is active but buyers are taking their time. For a seller, the practical read is that pricing right at the start matters more than testing the high end.

Monthly payment

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20% · $183,864

Common questions

What people ask us.

How much is a home in 98059 worth?

The typical home value in 98059 is $919,321 as of September 2026, down 2.3% over the past year.

How long does it take to sell a home in 98059?

Homes in 98059 spent a median of 58 days on the market as of September 2026.

Are sellers in 98059 cutting prices?

As of September 2026, 17.4% of listings in 98059 had a price cut, with a median list price of $929,000.

Discover

Nearby ZIP markets.

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Guides for sellers.