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Featured local agent — Renton, WA

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Sarah Mitchell

CNESRESABR

Compass Real Estate · Renton, WA

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Renton, WA(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Renton, WA Housing Market & Real Estate

Balanced market+0.4% YoY

Housing market overview · Updated monthly ·

$712,500median sale price

How is the Renton, WA housing market right now?

The median home sale price in Renton, WA is $712,500, up 0.4% year-over-year. Homes sell in an average of 19 days with 218 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

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

Balanced market3.6 months of supply19 avg. days on market

Renton, WA is currently a balanced market, based on 3.6 months of supply and homes selling in about 19 days. How we determine this →

Homes sold

60

Last 12 weeks

Days on market

19

Fast-moving

Active listings

218

3.6 months supply

Sale-to-list

99.6%

Below asking

What does the Renton housing market data show?

Current housing market statistics for Renton, WA
MetricValue
Median sale price$712,500
Median list price$699,950
Year-over-year price change+0.4%
Average days on market19 days
Active inventory218 listings
Months of supply3.6 months
Sale-to-list price ratio99.6%
Median price per sq ft$389/sq ft
Homes sold (latest month)60
New listings (latest month)125
Listings with a price cut38.1%
Market conditionBalanced market

Source: Redfin · Updated monthly

How much do homes cost in Renton by property type?

How the Renton, WA market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Renton, WA
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$786,925$429/sq ft4413 days
Condo / Co-op$322,500$328/sq ft1035 days
Townhouse$484,500$356/sq ft442 days

Source: Redfin · Updated monthly

The Renton housing market is currently classified as a balanced market with a median sale price of $712,500. Prices have risen 0.4% compared to last year, with homes spending an average of 19 days on market, indicating 3.6 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 7.8x provides context for how home values compare to local earning capacity.

Homes for sale in Renton

There are currently 218 homes listed for sale in Renton, Washington. The median listing price is $700K.

Active listings

218

Homes on market

Median list price

$700K

Avg. days on market

19

Days until sale

New this week

125

Newly listed

Price drops:38.1%of listings
Sale-to-list:99.6%

Who lives in Renton?

Population

105,279

Median income

$96,626/yr

Median age

36.5 years

Owner-occupied

54.9%

College grads

39.0%

Avg commute

30.2 min

Source: U.S. Census Bureau ACS

What are homes worth in Renton?

Zillow home value

$752,310

Zillow rent index

$2,191/mo

Price-to-rent ratio

28.6x

Price-to-income

7.8x

Source: Zillow Research

What is it like to live in Renton?

Renton is a community of approximately 105K residents with a median age of 36.5 years.The median household income is $96,626, which reflects a relatively affluent area with strong earning potential. 39.0% of residents hold a bachelor's degree or higher, indicating a highly educated population.

Homeownership rates are at 54.9%, showing a blend of owner and renter-occupied properties. The average commute time is 30.2 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Renton offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Renton?

37 schools tracked · 18,298 students

The largest public schools serving Renton, WA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Hazen Senior High School

Grades 9-12 · 1,828 students

Public

Liberty Sr High School

Grades 9-12 · 1,530 students

Public

Lindbergh Senior High School

Grades 9-12 · 1,277 students

Public

Renton Senior High School

Grades 9-12 · 1,250 students

Public

Northwood Middle School

Grades 6-8 · 891 students

Public

Nelsen Middle School

Grades 6-8 · 882 students

Public

Maywood Middle School

Grades 6-8 · 828 students

Public

McKnight Middle School

Grades 6-8 · 824 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Renton, WA?

Want a head-to-head view? Compare Renton side-by-side with any other U.S. city using our market-comparison tool.

Is Renton a good real estate investment market?

For investors evaluating Renton, the price-to-rent ratio of 28.6x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 0.4% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Renton's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Renton's median home price.

Frequently asked questions

What is the average home price in Renton?

The median home sale price in Renton is $712,500, up 0.4% from last year.

How long do homes stay on market in Renton?

Homes typically spend 19 days on market before going under contract.

What is the median income in Renton?

The median household income is $96,626 per year.

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

With 3.6 months of supply, Renton is currently a balanced market.

What is the Zillow home value estimate for Renton?

The Zillow Home Value Index (ZHVI) for Renton is $752,310, representing the typical home value in the area.

What is the median condo price in Renton?

The median condo/co-op sale price in Renton, WA is $322,500, compared to $786,925 for a single-family home, based on the latest Redfin data.

How much does a single-family home cost in Renton?

The median single-family home price in Renton, WA is $786,925 (about $429 per square foot).

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