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All market snapshots / 98597

Yelm, WA 98597 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
Yelm, WA inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.15
ActiveActive listings: 7373PendingPending sales: 1111
Yelm, WA: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $500k$500kSoldMedian sold price (last 6 months): $480k$480k
What homes actually sell for in Yelm, WA
Distribution of 313 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $427k to $560k
$243k to $309k: 10 sales$243k$309k to $375k: 17 sales$375k to $441k: 68 sales$375k$441k to $506k: 72 sales72sales$506k to $572k: 62 sales$506k$572k to $638k: 38 sales$638k to $704k: 7 sales$638k$704k to $770k: 8 salesMedian $480k

What the numbers say

As of October 5, 2026, Resideline is tracking 73 active listings and 11 pending sales in ZIP code 98597. That pending-to-active ratio of 0.15 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $499,950, while the median of the 313 closed sales Resideline tracked over the last six months was $480,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 98597 for 81 days.

Frequently asked questions

What is the median home price in 98597?

The median closed sale price in Yelm, WA 98597 was $480,000 over the last six months, based on 313 closed sales tracked by Resideline. The middle half of those sales ranged from $427,000 to $559,990.

Is 98597 a buyer's or seller's market?

Resideline is currently tracking 11 pending sales against 73 active listings in 98597, a pending-to-active ratio of 0.15. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 98597 currently looks like a balanced market.

Nearby ZIP code market data

Full Yelm, WA housing market report →

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