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All market snapshots / 98056

Renton, WA 98056 Housing Market

Data snapshot: October 26, 2026. Closed-sale window: last 6 months.
Renton, WA inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.07
ActiveActive listings: 5858PendingPending sales: 44
Renton, WA: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $875k$875kSoldMedian sold price (last 6 months): $890k$890k
What homes actually sell for in Renton, WA
Distribution of 184 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $650k to $1.3M
$309k to $502k: 15 sales$309k$502k to $695k: 35 sales35sales$695k to $889k: 33 sales$695k$889k to $1.08M: 23 sales$1.08M to $1.28M: 21 sales$1.08M$1.28M to $1.47M: 19 sales$1.47M to $1.66M: 5 sales$1.47M$1.66M to $1.85M: 13 salesMedian $890k

What the numbers say

As of October 26, 2026, Resideline is tracking 58 active listings and 4 pending sales in ZIP code 98056. That pending-to-active ratio of 0.07 makes it a typical-pace market: listings are going under contract at about the pace of most ZIP codes Resideline tracks.

The median asking price of current listings is $874,950, while the median of the 184 closed sales Resideline tracked over the last six months was $890,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 98056 for 79 days.

Frequently asked questions

What is the median home price in 98056?

The median closed sale price in Renton, WA 98056 was $890,000 over the last six months, based on 184 closed sales tracked by Resideline. The middle half of those sales ranged from $649,995 to $1,298,800.

Is 98056 a buyer's or seller's market?

Resideline is currently tracking 4 pending sales against 58 active listings in 98056, a pending-to-active ratio of 0.07. Resideline tracks a sample of pending sales, so the ratio is most useful as a comparison: across the 3,777 ZIP codes Resideline tracks, the middle half run from 0.05 to 0.11. A higher ratio means listings go under contract faster, which usually favors sellers; a lower one gives buyers more room. By that comparison, 98056 is currently a typical-pace market.

Nearby ZIP code market data

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