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South King News

Sunday, November 24, 2024

Home prices increased in Renton during October 2020

Realestate4

The median sale price of a home sold in October 2020 in Renton rose by $52,750 while total sales increased by 15.2%, according to BlockShopper.com.

In October 2020, there were 38 homes sold, with a median sale price of $567,750 - a 10.2% increase over the $515,000 median sale price for the same period of the previous year. There were 33 homes sold in Renton in October 2019.

The median sales tax in Renton for the most recent year with available data, 2016, was $4,150, approximately 0.7% of the median home sale price for October 2020.

The following table compares Renton to other King County cities with similar median sale prices in October 2020:

CityOct. 2020 Home SalesOct. 2019 Home Sales% change (Total Home Sales)Oct. 2020 Median Sales PriceOct. 2019 Median Sales Price% change (Median Sales Price)
Newcastle (unincorporated)13-66.7%$720,000$592,02521.6%
Lake Forest Park9650%$650,000$712,000-8.7%
Shoreline352825%$615,000$523,62517.5%
East Renton Highlands (unincorporated)493158.1%$582,000$450,00029.3%
North Bend (unincorporated)9650%$575,000$605,000-5%
Renton383315.2%$567,750$515,00010.2%
Burien181612.5%$550,500$504,0009.2%
Carnation41300%$550,000$430,00027.9%
White Center (unincorporated)912-25%$550,000$398,25038.1%
Covington151225%$550,000$389,50041.2%
Vashon (unincorporated)812-33.3%$532,500$586,500-9.2%

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