Home Values

98057 Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$249,800

  • 6.4% 1-year change
  • 5.4% 1-year forecast

The median home value in 98057 is $249,800. 98057 home values have gone up 6.4% over the past year and Zillow predicts they will rise 5.4% within the next year. The median list price per square foot in 98057 is $172, which is lower than the Renton average of $177. The median price of homes currently listed in 98057 is $264,500 while the median price of homes that sold is $160,000. The median rent price in 98057 is $1,595, which is higher than the Renton median of $1,572.

Foreclosures will be a factor impacting home values in the next several years. In 98057 17.4 homes are foreclosed (per 10,000). This is greater than the Renton value of 6.0 and also greater than the national value of 4.0

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in 98057 is 6.7%, which is higher than the national value of 6.4%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of 98057 homeowners underwater on their mortgage is 30.0%, which is higher than Renton at 16.3%.

Read more
Relative ZHVI
- +

98057 Market Overview

Data through Jan 31, 2015
  • $249,800 ZHVI
  • 5.4% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Jan 31, 2016)
  • $264,500 Median listing price
  • No recent data Median sale price
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

98057 Market Health

Data through Jan 31, 2015
  • 3.0/10 Less healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
    (Dec 31, 2014)
  • No data Average days on Zillow
  • 30.0% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 6.7% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)

Homes foreclosed (per 10,000)

17.4 homes 98057
6 homes Renton
4 homes United States
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Nearby Zip Codes

Name Median ZHVI
98040 $1,014,100
98056 $356,000
98118 $354,500
Name Median ZHVI
98031 $288,100
98055 $286,300
98178 $278,600
Name Median ZHVI
98032 $243,900
98168 $240,000
98188 $239,500

Listings & Sales

Data through Jan 31, 2015
  • $173 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • No data Listings with price cut
27.3%
Sold below listing
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

98057 Rentals

Data through Jan 31, 2015
  • Zillow Rent Index

  • $1,595 98057
    $1,851 Renton
    $1,350 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 1.1 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $1,595 Rent list price
  • No data Rent list price / sq ft
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading