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All market snapshots / 98056

Renton, WA 98056 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
Renton, WA inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.03
ActiveActive listings: 5959PendingPending sales: 22
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): $850k$850kSoldMedian sold price (last 6 months): $917k$917k
What homes actually sell for in Renton, WA
Distribution of 201 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $650k to $1.35M
$300k to $500k: 18 sales$300k$500k to $700k: 39 sales39sales$700k to $899k: 33 sales$700k$899k to $1.1M: 20 sales$1.1M to $1.3M: 28 sales$1.1M$1.3M to $1.5M: 17 sales$1.5M to $1.7M: 12 sales$1.5M$1.7M to $1.9M: 14 salesMedian $917k

What the numbers say

As of October 5, 2026, Resideline is tracking 59 active listings and 2 pending sales in ZIP code 98056. That pending-to-active ratio of 0.03 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $849,950, while the median of the 201 closed sales Resideline tracked over the last six months was $917,000. 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 66 days.

Frequently asked questions

What is the median home price in 98056?

The median closed sale price in Renton, WA 98056 was $917,000 over the last six months, based on 201 closed sales tracked by Resideline. The middle half of those sales ranged from $649,900 to $1,350,000.

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

Resideline is currently tracking 2 pending sales against 59 active listings in 98056, a pending-to-active ratio of 0.03. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 98056 currently looks like a balanced market.

Nearby ZIP code market data

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