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Yelm, WA 98597 Housing Market

Data snapshot: October 26, 2026. Closed-sale window: last 6 months.
Yelm, WA inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.11
ActiveActive listings: 7676PendingPending sales: 88
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): $475k$475kSoldMedian sold price (last 6 months): $480k$480k
What homes actually sell for in Yelm, WA
Distribution of 305 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $425k to $560k
$243k to $308k: 13 sales$243k$308k to $374k: 17 sales$374k to $439k: 53 sales$374k$439k to $504k: 76 sales76sales$504k to $569k: 61 sales$504k$569k to $634k: 42 sales$634k to $700k: 5 sales$634k$700k to $765k: 7 salesMedian $480k

What the numbers say

As of October 26, 2026, Resideline is tracking 76 active listings and 8 pending sales in ZIP code 98597. That pending-to-active ratio of 0.11 makes it a typical-pace market: listings are going under contract at about the pace of most ZIP codes Resideline tracks.

The median asking price of current listings is $475,000, while the median of the 305 closed sales Resideline tracked over the last six months was $480,500. 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 95 days.

Frequently asked questions

What is the median home price in 98597?

The median closed sale price in Yelm, WA 98597 was $480,500 over the last six months, based on 305 closed sales tracked by Resideline. The middle half of those sales ranged from $425,000 to $559,990.

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

Resideline is currently tracking 8 pending sales against 76 active listings in 98597, a pending-to-active ratio of 0.11. Resideline tracks a sample of pending sales, so the ratio is most useful as a comparison: across the 3,777 ZIP codes Resideline tracks, the middle half run from 0.05 to 0.11. A higher ratio means listings go under contract faster, which usually favors sellers; a lower one gives buyers more room. By that comparison, 98597 is currently a typical-pace market.

Nearby ZIP code market data

Full Yelm, WA housing market report →

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