Data as of March 2026. Source: Realtor.com.
The ELMA, WA real estate market (98541) currently shows 29 active listings, with 8 pending sales. Homes are averaging 65 days on the market before going under contract.
Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 65 days on market compared to 55 days last year.
The median listing price has fallen 11.6% year-over-year, from $472,450 to $417,475.
Whether you are buying or selling in ELMA, WA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
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 March 2026, there are 29 active listings in ELMA, WA (zip code 98541), compared to 34 the prior year.
The median listing price in ELMA, WA 98541 is $417,475 as of March 2026, a 11.6% decrease from $472,450 the prior year.
Homes in ELMA, WA 98541 spend an average of 65 days on the market before going under contract, compared to 55 days the prior year.
Based on current inventory and days-on-market data as of March 2026, ELMA, WA 98541 is currently a Balanced Market. Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 65 days on market compared to 55 days last year.
With SELL123.com's maximum 3% commission, sellers in ELMA, WA 98541 save an estimated $8,350 compared to a typical 5% commission on the median listing price of $417,475. 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.