Renton, WA is a popular city located in King County, and its housing market has been thriving. The median value of a home in Renton is $789,900 which is significantly higher than the US median value of $338,100. Although the one year house appreciation rate for Renton is lower than the national average at 7.43%, it still indicates that there is positive growth in the housing market. Investing in Renton real estate can be a great way to build financial security and benefit from the growing housing market.
The median home cost in Renton (zip 98056) is $789,900. Home appreciation the last 10 years has been 167.2%. Home Appreciation in Renton (zip 98056) is up 14.8%.
Average Age of Homes
- The median age of Renton (zip 98056) real estate is 33 years old
The Rental Market in Renton (zip 98056)
- Renters make up 47.1% of the Renton (zip 98056) population
- 1.6% of houses and apartments in Renton (zip 98056), 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.