Data as of September 2026. Source: Realtor.com.
The ELMA, WA real estate market (98541) currently shows 39 active listings, with 7 pending sales. Homes are averaging 67 days on the market before going under contract.
Inventory has tightened compared to last year, with 8 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 67 days on market compared to 75 days last year.
The median listing price has fallen 7.2% year-over-year, from $488,738 to $453,699.
Population: 10,004 · Density: 19.7/mi² · Median household income: $64,271
Typical home value: $281,988 · Homeownership: 76.1%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 98541 | Elma, WA 98541 | 0.0 mi | 27 | $24,393,582 | $441,175 | $903,466 |
| 98563 | Montesano, WA 98563 | 13.5 mi | 29 | $20,073,684 | $479,500 | $692,196 |
| 98584 | Shelton, WA 98584 | 16.7 mi | 104 | $63,256,544 | $450,000 | $608,236 |
| 98512 | Olympia, WA 98512 | 18.8 mi | 66 | $41,678,076 | $603,000 | $631,486 |
| 98520 | Aberdeen, WA 98520 | 19.8 mi | 92 | $33,001,872 | $303,725 | $358,716 |
| 98579 | Rochester, WA 98579 | 23.3 mi | 27 | $24,422,715 | $712,450 | $904,545 |
| 98550 | Hoquiam, WA 98550 | 23.9 mi | 69 | $24,003,168 | $299,000 | $347,872 |
| 98501 | Olympia, WA 98501 | 26.0 mi | 128 | $82,472,064 | $637,450 | $644,313 |
| 98546 | Grapeview, WA 98546 | 28.6 mi | 8 | $6,699,000 | $862,500 | $837,375 |
| 98516 | Olympia, WA 98516 | 29.3 mi | 99 | $71,395,038 | $608,075 | $721,162 |
| 98577 | Raymond, WA 98577 | 30.9 mi | 31 | $11,192,364 | $316,000 | $361,044 |
| 98530 | Bucoda, WA 98530 | 31.2 mi | 6 | $1,834,422 | $310,250 | $305,737 |
| 98589 | Tenino, WA 98589 | 31.8 mi | 23 | $15,675,351 | $661,975 | $681,537 |
As of September 2026, there are 39 active listings in ELMA, WA (zip code 98541), compared to 47 the prior year.
The median listing price in ELMA, WA 98541 is $453,699 as of September 2026, a 7.2% decrease from $488,738 the prior year.
Homes in ELMA, WA 98541 spend an average of 67 days on the market before going under contract, compared to 75 days the prior year.
Based on current inventory and days-on-market data as of September 2026, ELMA, WA 98541 is currently a Seller's Market. Inventory has tightened compared to last year, with 8 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 67 days on market compared to 75 days last year.
With SELL123.com's maximum 3% commission, sellers in ELMA, WA 98541 save an estimated $9,074 compared to a typical 5% commission on the median listing price of $453,699. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.