Renton 98057

King County, WA · 2,577 properties · updated 7/5/2026

Should you buy here?buyer-timing lens

17affordability /100

Buyer leverage is seller advantage; weigh payment burden and the 3-lens valuation before bidding.

Payment burden
50.4%
severe
Days on market
9
daily
Price cuts
24.0%
of active
Valuation
+193.5%
vs assessor
Look up an address
24
/100
Weak
cooling · seller advantage · prices easing year-over-year.
Price trend
42
Affordability
10
Valuation
20
Economic health
17

Verdict grades housing conditions; buyer-timing, investor cash-flow, supply-tightness and county macro scores answer different questions — each in its own section.

Buyer / sellerbuyer-timing lens

60/ 100SellerBalancedBuyer
Negotiate Hard
Needs 40.5% correction for affordability
DOM: 28d (rising) · Market Dynamics rolling median · hourly
Score Components
Payment Burden (25%)100
Valuation Gap (25%)10
Supply & Demand (20%)100
Buy vs Rent (15%)75
Cancellation Rate (10%)0
Days on Market (5%)20

Moderate buyer leverage in 98057. Room to negotiate 5-10% below list. Payment burden: 50.5% of median income. A 31% price correction needed to reach 30% affordability threshold. Median days on market: 28. Renting is approximately 80% cheaper than buying (price-to-rent ratio: 21.6).

What to Offer

Offer 5-10% below list. You have room to negotiate.

Conditions resemble 2019 pre-pandemic levels — moderate overvaluation with slowing demand. Negotiation room exists.
COOLINGSELLER ADVANTAGE

Market is cooling with expanding inventory. Sellers are firmly in control. Prices down 2.6% YoY.

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Market snapshoteach number, once

Median price
$566,377
▾ 2.6% YoY
Days on market
9
daily · zip_data
Median rent
$2,181
ZORI
Investor score
41/100
cash-flow lens
Active listings
17
90-day

Valuation3 lenses, different anchors

vs assessor
+193.5%
Market vs assessed value — a tax-roll lag, not a deal signal.
Avg assessor$1,662,200
county CAMA · properties_v
vs income
Fair-value model not available for this market.
fair_value_scores · 10-state coverage
vs county comps
+69.0%
County-wide market — the widest, slowest signal.
King+69.0%
Lotvox comps · mv_valuation_gap

Read together: Above county comps but sustainable on local incomes.
Pricing detail
Price / sqft
Price-to-income8.3×

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How 98057 ranks in WA
percentile vs all Washington ZIPs · n=581
Market velocity88%
Supply tightness65%
Affordability12%
Investment yield81%
Appreciation8%

Affordability, supply & momentum

41SUPPLY
BalancedSupply Tightness

Supply and demand are roughly even — standard negotiation dynamics.

Months of Supply24.0 mo
Days on Market9d
Inv vs History-0.3%
Listing Density--
Affordability — payment burden
Monthly payment (P&I)$2,861
Payment burden50.4%
Median income · ZIP$68,097
Mortgage rate6.49% · 30yr
Total monthly own$3,427
Monthly rent$2,181
Market dynamics
Price cut %24.0%
Momentumcooling
LeverageSELLER ADVANTAGE
Months of supply24
Sales (90d)0
Investment analysis
Median rent$2,181
Price-to-rent21.6
Est. cap rate3.0%
Buy vs rentfavors renting

Livability

Walk score11
Transit score19
Bike score

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King County contextmacro · jobs · debt · migration

ZIP score grades housing; county score adds macro distress (jobs, debt, poverty). They answer different questions.

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