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SHELTON, WA 98584

Real Estate Market Report  ·  Mason County
Balanced Market
April 2026  ·  Source: Realtor.com

Market Analysis

Data as of April 2026. Source: Realtor.com.

The SHELTON, WA real estate market (98584) currently shows 131 active listings, with 38 pending sales. Homes are averaging 40 days on the market before going under contract.

Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice.

Homes are selling faster, averaging 40 days on market compared to 43 days last year.

The median listing price has risen 1.3% year-over-year, from $506,000 to $512,500.

Whether you are buying or selling in SHELTON, 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.

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Market Context

Market Context

Population: 38,615  ·  Density: 41.5/mi²  ·  Median household income: $69,489

Typical home value: $314,573  ·  Homeownership: 75.5%

Market Overview

Active Listings
131
⇧ 3.1% vs 127 last year
Pending
38
29% pending ratio
Median Price
$512,500
⇧ 1.3% vs $506,000 last year
Average Price
$603,828
⇩ 3.8% vs $628,000 last year
Days on Market
40
⇩ 7% vs 43 days last year

Price Per Square Foot

Median $/sqft
$310
⇧ 5.1% vs $295/sqft last year
Median Home Size
1,722 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 131 this year vs 127 last year
  • Days on market: 40 now vs 43 last year

Median & Average Pricing

Year over Year
  • Median: $512,500 (+1.3% YoY)
  • Average: $603,828 (-3.8% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 25.2 miles — 461 listings ($311,207,256 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
98584Shelton, WA 985840.0 mi104$63,256,544$450,000$608,236
98546Grapeview, WA 9854612.4 mi8$6,699,000$862,500$837,375
98588Tahuya, WA 9858814.6 mi7$3,099,537$328,500$442,791
98548Hoodsport, WA 9854816.7 mi31$14,342,677$354,900$462,667
98506Olympia, WA 9850616.8 mi52$33,904,104$676,699$652,002
98508Olympia, WA 9850818.0 mi1$650,000$650,000$650,000
98528Belfair, WA 9852818.6 mi27$18,464,193$709,000$683,859
98351Longbranch, WA 9835118.7 mi7$10,604,650$875,000$1,514,950
98512Olympia, WA 9851221.0 mi66$41,678,076$603,000$631,486
98555Lilliwaup, WA 9855521.2 mi4$1,176,252$263,750$294,063
98303Anderson Island, WA 9830322.4 mi9$5,454,171$550,250$606,019
98501Olympia, WA 9850123.1 mi128$82,472,064$637,450$644,313
98333Fox Island, WA 9833325.2 mi17$29,405,988$1,247,000$1,729,764

Frequently Asked Questions

How many homes are for sale in SHELTON, WA 98584?

As of April 2026, there are 131 active listings in SHELTON, WA (zip code 98584), compared to 127 the prior year.

What is the median home price in SHELTON, WA 98584?

The median listing price in SHELTON, WA 98584 is $512,500 as of April 2026, a 1.3% increase from $506,000 the prior year.

How long do homes stay on the market in SHELTON, WA?

Homes in SHELTON, WA 98584 spend an average of 40 days on the market before going under contract, compared to 43 days the prior year.

Is it a seller's or buyer's market in SHELTON, WA 98584?

Based on current inventory and days-on-market data as of April 2026, SHELTON, WA 98584 is currently a Balanced Market. Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice. Homes are selling faster, averaging 40 days on market compared to 43 days last year.

How much can I save on real estate commission in SHELTON, WA?

With SELL123.com's maximum 3% commission, sellers in SHELTON, WA 98584 save an estimated $10,250 compared to a typical 5% commission on the median listing price of $512,500. 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.