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All market snapshots / 98059

Renton, WA 98059 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: 0.15
ActiveActive listings: 4747PendingPending sales: 77
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): $1.05M$1.05MSoldMedian sold price (last 6 months): $850k$850k
What homes actually sell for in Renton, WA
Distribution of 245 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $620k to $1.24M
$184k to $478k: 29 sales$184k$478k to $773k: 61 sales61sales$773k to $1.07M: 59 sales$773k$1.07M to $1.36M: 38 sales$1.36M to $1.66M: 13 sales$1.36M$1.66M to $1.95M: 8 sales$1.95M to $2.25M: 4 sales$1.95M$2.25M to $2.54M: 8 salesMedian $850k

What the numbers say

As of October 5, 2026, Resideline is tracking 47 active listings and 7 pending sales in ZIP code 98059. That pending-to-active ratio of 0.15 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $1,050,000, while the median of the 245 closed sales Resideline tracked over the last six months was $850,000. 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 98059 for 72 days.

Frequently asked questions

What is the median home price in 98059?

The median closed sale price in Renton, WA 98059 was $850,000 over the last six months, based on 245 closed sales tracked by Resideline. The middle half of those sales ranged from $620,000 to $1,241,000.

Is 98059 a buyer's or seller's market?

Resideline is currently tracking 7 pending sales against 47 active listings in 98059, a pending-to-active ratio of 0.15. 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, 98059 currently looks like a balanced market.

Nearby ZIP code market data

Full Renton, WA housing market report →

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