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Yelm, WA 98597 Housing Market

Data snapshot: September 14, 2026. Closed-sale window: last 6 months.
Yelm, WA inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.14
ActiveActive listings: 8181PendingPending 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): $481k$481kSoldMedian sold price (last 6 months): $480k$480k
What homes actually sell for in Yelm, WA
Distribution of 306 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $425k to $559k
$240k to $301k: 11 sales$240k$301k to $361k: 16 sales$361k to $422k: 31 sales$361k$422k to $482k: 84 sales84sales$482k to $543k: 58 sales$482k$543k to $604k: 46 sales$604k to $664k: 19 sales$604k$664k to $725k: 10 salesMedian $480k

What the numbers say

As of September 14, 2026, Resideline is tracking 81 active listings and 11 pending sales in ZIP code 98597. That pending-to-active ratio of 0.14 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $481,000, while the median of the 306 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 66 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 306 closed sales tracked by Resideline. The middle half of those sales ranged from $425,000 to $559,000.

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

Resideline is currently tracking 11 pending sales against 81 active listings in 98597, a pending-to-active ratio of 0.14. 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

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