Zip 98055 (Renton, WA) Housing

The housing market in 98055 Renton, WA is quite robust with the median value of homes being $590,600. This is significantly higher than the national median house value of $338,100. Over the past year, the appreciation rate for this area has been 7.43%, which is slightly lower than the US house appreciation rate of 8.27%. Despite a slightly lower appreciation rate, Renton offers great potential for homeowners looking to invest in real estate in a strong market.

The median home cost in Renton (zip 98055) is $590,600. Home appreciation the last 10 years has been 167.2%. Home Appreciation in Renton (zip 98055) is up 14.8%.

Average Age of Homes

- The median age of Renton (zip 98055) real estate is 31 years old

The Rental Market in Renton (zip 98055)

- Renters make up 42.5% of the Renton (zip 98055) population
- 2.5% of houses and apartments in Renton (zip 98055), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Renton, Washington	United States
	9,786.0	139,647,020.0
	31	42
	$590,600	$338,100
	14.8%	16.6%
	61.9%	57.0%
	167.2%	101.1%
	$10.46	$10.98
	$4,515	$2,690
	49.4%	57.4%
	4.4%	11.2%
	46.1%	31.4%
Vacant Housing
	2.5%	1.9%
	0.5%	0.4%
	0.3%	0.7%
	0.1%	0.4%
	0.0%	3.6%
	1.1%	4.1%
Value of Owner-Occupied Housing
	1.9%	2.6%
	0.2%	2.4%
	0.7%	2.8%
	1.0%	3.9%
	0.9%	4.5%
	0.7%	11.3%
	1.2%	13.0%
	14.4%	20.1%
	19.9%	13.6%
	28.9%	8.3%
	25.5%	9.7%
	3.4%	3.9%
	1.3%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	15.5%	13.6%
	15.5%	13.6%
	25.3%	13.6%
	16.1%	13.2%
	11.9%	14.8%
	25.3%	13.6%
	5.0%	10.0%
	1.5%	4.7%
	1.3%	12.2%

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