Is Renton, WA 98057 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Renton is a seller’s market. With about 3.7 months of supply and 33% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Competition score71/ 100

More competitive than 75% of U.S. ZIP codes, and #48 of 298 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply3.7Under 4 months = seller’s market
Sold above original list33.3%Share of sales, last 3 months
Median sale-to-list100.3%Sold price ÷ list price
Median days on market10Listing to accepted offer
Median price per sq ft$376▼ −0.8% vs. last year

The Renton housing market right now

In the three months ending August 31, 2026, 33% of homes in Renton, WA 98057 sold above their list price, the typical home went under contract in 10 days and there were 3.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 25 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 19%, homes sold about as fast and the median sale price rose 12% to $566,755. Overall, Renton is more competitive than a year ago, so tougher for buyers.

Within King County, homes here sell faster than in 84% of the county’s ZIP codes, and sell more often over asking than in 92%. On our competition score, Renton ranks #48 of 298 WA ZIP codes with enough sales (score 71 out of 100).

Nearby, buyers who want less competition could look at Skykomish 98288 (0% sold over asking) or Baring 98224 (0% sold over asking), while Seattle 98155 (43% sold over asking) and Seattle 98136 (41% sold over asking) are even more competitive.

Nearby markets

Auburn 98001Seller’s market $342 /sq ftAuburn 98002Balanced $322 /sq ftAuburn 98092Balanced $324 /sq ftBaring 98224 $798 /sq ft Browse all markets →

Where Renton is

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Questions about Renton real estate

Is Renton a buyer’s or seller’s market?

A seller’s market: there were 3.7 months of supply in Renton, WA 98057 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Renton?

The typical home went under contract in 10 days in the latest three months.

Do homes in Renton sell over asking?

33% of homes sold above their original list price, and the typical sale closed at 100.3% of the list price.

What are property taxes in Renton?

About 0.83% of a home’s value a year in King County, or roughly $3,320 on a $400,000 home.

What is the median home price in Renton?

The median sale price was $566,755 in the three months ending August 31, 2026, about $376 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology