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YELM, WA 98597

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

Market Analysis

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

The YELM, WA real estate market (98597) currently shows 177 active listings, with 66 pending sales. Homes are averaging 35 days on the market before going under contract.

Inventory has increased compared to last year, with 42 more homes available — giving buyers more choice.

Homes are selling faster, averaging 35 days on market compared to 36 days last year.

The median listing price has fallen 7.1% year-over-year, from $561,069 to $521,250.

Whether you are buying or selling in YELM, 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: 25,982  ·  Density: 90.4/mi²  ·  Median household income: $88,965

Typical home value: $376,789  ·  Homeownership: 80.6%

Market Overview

Active Listings
177
⇧ 31.1% vs 135 last year
Pending
66
37% pending ratio
Median Price
$521,250
⇩ 7.1% vs $561,069 last year
Average Price
$553,874
⇩ 1.5% vs $562,348 last year
Days on Market
35
⇩ 2.8% vs 36 days last year

Price Per Square Foot

Median $/sqft
$264
⇧ 4.3% vs $253/sqft last year
Median Home Size
2,044 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 177 this year vs 135 last year
  • Days on market: 35 now vs 36 last year

Median & Average Pricing

Year over Year
  • Median: $521,250 (-7.1% YoY)
  • Average: $553,874 (-1.5% 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 21.7 miles — 1,023 listings ($612,865,813 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
98597Yelm, WA 985970.0 mi153$80,451,990$519,225$525,830
98576Rainier, WA 985767.3 mi13$6,669,195$491,246$513,015
98533Cinebar, WA 9853312.7 mi2$718,000$359,000$359,000
98387Spanaway, WA 9838714.9 mi147$88,888,107$546,238$604,681
98338Graham, WA 9833815.2 mi93$69,032,877$657,500$742,289
98570Onalaska, WA 9857016.5 mi14$9,587,928$628,750$684,852
98503Lacey, WA 9850318.8 mi66$33,701,052$511,249$510,622
98375Puyallup, WA 9837519.1 mi111$64,983,618$587,463$585,438
98446Tacoma, WA 9844619.9 mi62$42,145,802$665,900$679,771
98445Tacoma, WA 9844520.2 mi112$67,460,400$583,000$602,325
98444Tacoma, WA 9844420.8 mi70$34,075,930$457,500$486,799
98531Centralia, WA 9853121.5 mi81$43,755,876$434,750$540,196
98516Olympia, WA 9851621.7 mi99$71,395,038$608,075$721,162

Frequently Asked Questions

How many homes are for sale in YELM, WA 98597?

As of April 2026, there are 177 active listings in YELM, WA (zip code 98597), compared to 135 the prior year.

What is the median home price in YELM, WA 98597?

The median listing price in YELM, WA 98597 is $521,250 as of April 2026, a 7.1% decrease from $561,069 the prior year.

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

Homes in YELM, WA 98597 spend an average of 35 days on the market before going under contract, compared to 36 days the prior year.

Is it a seller's or buyer's market in YELM, WA 98597?

Based on current inventory and days-on-market data as of April 2026, YELM, WA 98597 is currently a Balanced Market. Inventory has increased compared to last year, with 42 more homes available — giving buyers more choice. Homes are selling faster, averaging 35 days on market compared to 36 days last year.

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

With SELL123.com's maximum 3% commission, sellers in YELM, WA 98597 save an estimated $10,425 compared to a typical 5% commission on the median listing price of $521,250. 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.