It’s not surprise that home prices are up everywhere. But sometimes it’s fun to look at the areas that are seeing the most growth. Renton’s median home price is up 6.9% from a year ago seeing prices jump from $505,000 in February 2020 to $539,975 to February 2021.
98058 however saw price increases of 7.4% going from $500,000 to $536,750. Check out the interactive graphic below to see more in how home prices have risen over time.
The spring market of 2021 is super heated and it’s not uncommon to see homes sell for 20% over the asking price. These equate to big gains for anyone selling a home. We are hopeful that once the pandemic is behind us, we will see more inventory as homeowners start to feel safe putting their homes on the market.