The story of this market
The typical home in ZIP 98059 sells for about $1,000,000, or $471 per square foot.
Prices are up +3.7% from a year ago, so sellers still have some momentum. Homes take about 14 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $2,800 a month.
ZIP 98059 — Renton
The 98059 housing market remains resilient with a median sale price of $1.0M, reflecting strong demand despite high interest rates. While inventory is tight, the market is seeing a slight cooling in price growth compared to previous years, driven by affordability constraints. Data for specific metrics like months of supply and price-cut percentages are based on current market reports, while some granular census figures are sourced from the most recent ACS 5-year estimates.
This ZIP is ideal for family buyers and professionals working in the Eastside tech corridor who prioritize access to outdoor recreation and quality schools over a short urban commute.
Median prices moved up 3.7% year over year.
Homes spend a median of 14 days on market with 2.2 months of supply — a fast-moving market.
22% of listings have cut prices · homes sell at 100.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.1% · poverty 4.8% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 9.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 7.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 98059, King County WA
Crime trends in the Renton area are generally consistent with suburban King County averages, though specific neighborhood safety varies significantly across the ZIP's diverse residential and commercial zones.
The area is served by the Renton and Issaquah school districts, which generally maintain competitive ratings and are a primary draw for family-oriented buyers in the region.
The region faces standard Pacific Northwest risks, including potential for windstorms and localized flooding in low-lying areas, with wildfire risk considered low to moderate.
The area benefits from its proximity to major employment hubs in Bellevue and Renton, with ongoing residential development and infrastructure improvements supporting steady economic momentum.
Property taxes are assessed by King County based on local millage rates that include school, fire, and emergency service districts; Washington State does not impose a personal income tax.
Residents typically face a 30-45 minute commute to downtown Seattle or Bellevue, relying heavily on I-405 and SR-169, with limited direct high-capacity transit options.
The ZIP features extensive access to outdoor amenities including Cougar Mountain Regional Wildland Park, Lake Washington proximity, and various community trails and golf courses.
The rental market is characterized by high demand and limited vacancy, with rents trending upward due to the area's desirability for commuters and proximity to major tech employers.
The local economy is anchored by the broader Seattle-Bellevue tech and aerospace sectors, with significant employment provided by companies like Boeing and various regional tech firms.
Transportation is dominated by private vehicle use on I-405 and SR-169, with limited public transit connectivity to the Seattle core.
Development is focused on densification of existing commercial corridors and limited new residential subdivisions on the urban fringe.
King County Department of Assessments conducts annual property valuations based on market sales data.
Parcels are subject to various special districts including Renton School District, Issaquah School District, and local fire/utility districts.
Property insurance premiums are rising due to regional wildfire and windstorm risk factors, though the area remains generally insurable.
Washington State continues to see net positive domestic migration, driven by tech-sector job growth.
Washington is a non-judicial foreclosure state, with a standard notice and trustee sale process.
Sellers are required to provide a comprehensive real property transfer disclosure statement covering all known material defects.
Data retrieved from data.census.gov ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Remlinger Farms4.314.4 mi
- Wild Waves Theme and Water Park3.917.6 mi
- Sky Zone Trampoline Park4.16.7 mi
- Tukwila Family Fun Center & Bullwinkle's Restaurant4.36 mi
- Round1 Bowling & Arcade46.7 mi
- T-Mobile Park4.711.9 mi
- Climate Pledge Arena4.514 mi
- Lumen Field4.612 mi
- Paramount Theatre4.712.8 mi
- Topgolf Renton4.13.9 mi
- Westfield Southcenter4.46.8 mi
- Pike Place Market4.613 mi
- The Museum of Flight4.88.3 mi
- Seattle Aquarium4.312.9 mi
- Seattle Public Library - Central Library4.612.5 mi
- Pike Place Market4.613 mi
- Gas Works Park4.714.4 mi
- The Museum of Flight4.88.3 mi
- Chihuly Garden and Glass4.713.8 mi
- Museum of Pop Culture4.513.7 mi
- Marymoor Park4.711.7 mi
- Seward Park4.87.4 mi
- Bellevue Downtown Park4.89.1 mi
- Bellevue Botanical Garden4.78.4 mi
- Washington Park Arboretum4.812.7 mi
- Pier 664.513.4 mi
- Shilshole Bay Marina4.618.6 mi
- Fishermen's Terminal4.616.4 mi
- Elliott Bay Marina Inc4.615.7 mi
- Seattle Yacht Club4.613.6 mi
- Topgolf Renton4.13.9 mi
- Bill Wright Golf Complex At Jefferson Park4.310 mi
- The Golf Club at Newcastle4.43 mi
- Bellevue Golf Course4.411.3 mi
- Maplewood Golf Course4.32.4 mi
- Bellevue Square4.59.2 mi
- Westfield Southcenter4.46.8 mi
- Pike Place Market4.613 mi
- Uwajimaya Seattle4.611.9 mi
- WinCo Foods4.47.1 mi
- Paine Field4.729.6 mi
- Seattle-Tacoma International Airport (SEA) Parking Garage3.49 mi
- King County International Airport - Boeing Field4.59 mi
- Kenmore Air - Lake Union4.613.8 mi
- Kenmore Air - Lake Washington4.519.2 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Large regional park offering extensive hiking trails and wildlife habitat.
Premier golf facility bordering the ZIP with scenic views of the Seattle skyline.
Major retail hub providing essential services, dining, and grocery options.
Key-figure check: median price corroborated by the published ten-year series (2025) (within 12.5%).