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Evergreen Reporter

Monday, November 25, 2024

What happened to the median home price in Renton during the first half of 2020?

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The median sale price of a home sold in the first half of 2020 in Renton rose by $48,500 while total sales decreased by 32.2%, according to BlockShopper.com.

From January through June of 2020, there were 143 homes sold, with a median sale price of $528,500 - a 10.1% increase over the $480,000 median sale price for the same period of the previous year. There were 211 homes sold in Renton in the first half of 2019.

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 first half of 2020.

The following table compares Renton to other King County cities with similar median sale prices in the first half of 2020:

CityJan. - June 2020 Home SalesJan. - June 2019 Home Sales% change (Total Home Sales)Jan. - June 2020 Median Sales PriceJan. - June 2019 Median Sales Price% change (Median Sales Price)
Lea Hill (unincorporated)231553.3%$615,000$550,00011.8%
Ravensdale (unincorporated)514-64.3%$610,000$608,0000.3%
Newcastle (unincorporated)210-80%$565,000$582,500-3%
Snoqualmie (unincorporated)59-44.4%$555,000$600,000-7.5%
East Renton Highlands (unincorporated)175220-20.5%$531,000$502,4505.7%
Renton143211-32.2%$528,500$480,00010.1%
Enumclaw (unincorporated)3244-27.3%$517,500$602,500-14.1%
Renton (unincorporated)2736-25%$515,000$456,50012.8%
Maple Valley152168-9.5%$512,500$455,00012.6%
North Bend (unincorporated)4752-9.6%$505,000$550,000-8.2%
Black Diamond1522-31.8%$505,000$410,00023.2%

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