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Sunday, March 16, 2025

Renton home prices rise in the third quarter of 2018

Webp realestate077

The median sale price of a home sold in the third quarter of 2018 in Renton rose by $41,000 while total sales increased by 6.5%, according to BlockShopper.com.

From July through September of 2018, there were 99 homes sold, with a median sale price of $490,000 - a 9.1% increase over the $449,000 median sale price for the same period of the previous year. There were 93 homes sold in Renton in the third quarter of 2017.

The median sales tax in Renton for the most recent year with available data, 2016, was $4,150, approximately 0.8% of the median home sale price for the third quarter of 2018.

The following table compares Renton to other King County cities with similar median sales prices in the third quarter of 2018:

CityJuly - Sept. 2018 Home SalesJuly - Sept. 2017 Home Sales% change (Total Home Sales)July - Sept. 2018 Median Sales PriceJuly - Sept. 2017 Median Sales Price% change (Median Sales Price)
Black Diamond (unincorporated)35-40%$595,000$560,0006.3%
Lea Hill (unincorporated)161323.1%$592,500$440,00034.7%
Ravensdale (unincorporated)57-28.6%$569,000$475,00019.8%
Enumclaw (unincorporated)1923-17.4%$550,000$575,000-4.3%
Renton (unincorporated)1621-23.8%$514,975$440,00017%
Renton99936.5%$490,000$449,0009.1%
East Renton Highlands (unincorporated)1371370%$482,500$450,0007.2%
Burien4259-28.8%$475,000$460,0003.3%
Maple Valley8185-4.7%$450,000$445,0001.1%
Kent (unincorporated)6970-1.4%$435,000$382,25013.8%
Des Moines4449-10.2%$422,750$368,00014.9%

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