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Evergreen Reporter

Friday, November 15, 2024

May 2020: Home prices in Renton increased

Realestate1

The median sale price of a home sold in May 2020 in Renton rose by $12,500 while total sales decreased by 39%, according to BlockShopper.com.

In May 2020, there were 36 homes sold, with a median sale price of $512,500 - a 2.5% increase over the $500,000 median sale price for the same period of the previous year. There were 59 homes sold in Renton in May 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 May 2020.

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

CityMay 2020 Home SalesMay 2019 Home Sales% change (Total Home Sales)May 2020 Median Sales PriceMay 2019 Median Sales Price% change (Median Sales Price)
White Center (unincorporated)711-36.4%$600,000$441,75035.8%
Black Diamond57-28.6%$545,950$420,00030%
East Renton Highlands (unincorporated)5564-14.1%$540,000$515,0004.9%
North Bend (unincorporated)1119-42.1%$523,000$530,000-1.3%
Enumclaw (unincorporated)1013-23.1%$522,500$505,0003.5%
Renton3659-39%$512,500$500,0002.5%
Maple Valley3849-22.4%$507,500$458,00010.8%
Seattle (unincorporated)23224.5%$490,000$461,0006.3%
Burien1438-63.2%$487,750$502,500-2.9%
Kent2964-54.7%$475,000$427,50011.1%
Kent (unincorporated)34319.7%$462,500$450,0002.8%

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