Renton, WA Foreclosures
How much do homes sell for in Renton, WA?
The average home price is currently $911,480.
In Renton, WA, how many homes are available?
There are currently 66 active home listings available in Renton.
What’s the average rental cost in Renton, WA?
The average rental price in Renton is $2,020.
What is the most expensive home in Renton?
The most expensive home sold in Renton had a price of $114,333,304.
What is currently the cheapest priced home in Renton, WA?
The cheapest home for sale in Renton is priced at $11,262.
Living in Renton, WA
Renton, Washington, a vibrant city located just southeast of Seattle, blends suburban charm with urban conveniences. Known for its beautiful parks, diverse neighborhoods, and robust economy, Renton is an ideal place for both families and professionals. Its strategic location provides easy access to both outdoor recreation and metropolitan amenities.
Current Market Conditions in Renton, WA
The Renton real estate market has shown resilience amidst changing economic conditions, characterized by competitive prices and increased demand. The city's proximity to Seattle, coupled with its affordability relative to King County, contributes to a consistent influx of buyers seeking homes in the area. Many buyers are attracted by the offer of spacious homes and well-connected neighborhoods that Renton provides, making it a sought-after locale for families and young professionals alike.
Currently, Renton’s market is experiencing a slight dip in inventory while demand remains steady; homes are still appreciating in value, albeit at a slower rate than the previous year. This presents a mixed opportunity for buyers and sellers, as those looking to purchase in Renton may find less competition compared to earlier months. Investors are keeping a close watch on the condition, noting that Renton's growth shows promise for long-term returns.
Home Value Estimator For Renton, WA
There are currently 41,962 real estate properties
in Renton, WA,
with a median automated valuation model (AVM) price
of $757,473.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Renton, WA, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Renton, WA,
is $911,480.00, with the most expensive house
in Renton, WA, topping out
at $114,333,304.00 and the cheapest home
in Renton, WA,
clocking in at $11,262.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Renton, WA!
Rent Prices
In Renton, WA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Renton, WA, is on
a rollercoaster ride. The
average rent price in Renton, WA,
is $2,020.00. Indeed, when looking to rent in
Renton, WA, you can expect to pay as little
as $900.00 or as much
as $5,820.00,
with the average rent median estimated to
be $2,010.00. The good news is that finding
an affordable and desirable property to rent in Renton, WA
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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