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Friday, November 22, 2024

Pricing for the median home in Renton increased during May

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The median sale price of a home sold in May in Renton rose by $134,250 while total sales decreased by 26.5 percent, according to BlockShopper.com.

In May, there were 36 homes sold, with a median sale price of $776,250 - a 20.9 percent increase over the $642,000 median sale price for the same period of the previous year. There were 49 homes sold in Renton in May 2021.

The median sales tax in Renton for the most recent year with available data, 2016, was $4,150, approximately 0.5 percent of the median home sale price for May.

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

CityMay 2022 Home SalesMay 2021 Home Sales% change (Total Home Sales)May 2022 Median Sales PriceMay 2021 Median Sales Price% change (Median Sales Price)
Ravensdale (unincorporated)56-16.7$925,000$869,0006.4
Shoreline3965-40$875,000$825,0006.1
Carnation23-33.3$854,800$925,000-7.6
Maple Valley43430$825,000$630,00031
Vashon (unincorporated)712-41.7$800,000$777,5002.9
Renton3649-26.5$776,250$642,00020.9
Tukwila211-81.8$775,000$495,00056.6
Pacific440$758,000$433,50074.9
East Renton Highlands (unincorporated)4462-29$742,500$662,50012.1
Des Moines1522-31.8$725,000$585,00023.9
Burien1722-22.7$719,750$626,50014.9

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