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RENTON, WA 98055

Real Estate Market Report
Seller's Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 98055

Benson Hill (Benson) · Cascade Vista · Downtown · Northeast Spring Glen (North East Spring Glen) · Northwest Spring Glen (North West Spring Glen) · Orillia · Southeast Spring Glen (South East Spring Glen) · Southwest Spring Glen (South West Spring Glen) · Spring Glen · Springbrook (Spring Brook) · Talbot Hill

Market Analysis

Data as of March 2026. Source: Realtor.com.

The RENTON, WA real estate market (98055) currently shows 41 active listings, with 16 pending sales. Homes are averaging 24 days on the market before going under contract.

Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 24 days on market compared to 34 days last year.

The median listing price has fallen 26.2% year-over-year, from $725,000 to $534,950.

Whether you are buying or selling in RENTON, WA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 24,429  ·  Density: 2,114.5/mi²  ·  Median household income: $90,525

Typical home value: $500,573  ·  Homeownership: 53.2%

Market Overview

Active Listings
41
⇩ 2.4% vs 42 last year
Pending
16
39% pending ratio
Median Price
$534,950
⇩ 26.2% vs $725,000 last year
Average Price
$592,151
⇩ 22.5% vs $764,400 last year
Days on Market
24
⇩ 29.4% vs 34 days last year

Price Per Square Foot

Median $/sqft
$364
⇩ 1.4% vs $369/sqft last year
Median Home Size
1,396 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 41 this year vs 42 last year
  • Days on market: 24 now vs 34 last year

Median & Average Pricing

Year over Year
  • Median: $534,950 (-26.2% YoY)
  • Average: $592,151 (-22.5% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 10.4 miles — 1,010 listings ($956,757,019 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
98055Renton, WA 980550.0 mi32$20,268,704$605,000$633,397
98031Kent, WA 980312.9 mi61$44,271,055$742,500$725,755
98058Renton, WA 980583.6 mi84$59,922,996$765,988$713,369
98056Renton, WA 980564.5 mi94$118,999,958$1,067,970$1,265,957
98059Renton, WA 980594.9 mi107$123,312,043$934,963$1,152,449
98030Kent, WA 980305.5 mi69$42,235,107$649,938$612,103
98198Seattle, WA 981986.3 mi67$44,034,812$548,500$657,236
98042Kent, WA 980427.0 mi135$114,984,900$798,713$851,740
98006Bellevue, WA 980068.0 mi90$200,159,550$1,924,500$2,223,995
98108Seattle, WA 981088.3 mi68$47,384,712$636,488$696,834
98002Auburn, WA 980029.7 mi56$27,021,512$472,500$482,527
98001Auburn, WA 9800110.0 mi49$37,331,042$755,988$761,858
98144Seattle, WA 9814410.4 mi98$76,830,628$744,250$783,986

Frequently Asked Questions

How many homes are for sale in RENTON, WA 98055?

As of March 2026, there are 41 active listings in RENTON, WA (zip code 98055), compared to 42 the prior year.

What is the median home price in RENTON, WA 98055?

The median listing price in RENTON, WA 98055 is $534,950 as of March 2026, a 26.2% decrease from $725,000 the prior year.

How long do homes stay on the market in RENTON, WA?

Homes in RENTON, WA 98055 spend an average of 24 days on the market before going under contract, compared to 34 days the prior year.

Is it a seller's or buyer's market in RENTON, WA 98055?

Based on current inventory and days-on-market data as of March 2026, RENTON, WA 98055 is currently a Seller's Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 24 days on market compared to 34 days last year.

How much can I save on real estate commission in RENTON, WA?

With SELL123.com's maximum 3% commission, sellers in RENTON, WA 98055 save an estimated $10,699 compared to a typical 5% commission on the median listing price of $534,950. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.