Is Tenino, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Tenino was a Seller's Market.
Housing Prices in Tenino, WA
How much do homes in Tenino, WA cost?
Median Sold Price
$459,975
$307/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Tenino was $459,975 in May 2024, up 6.4% from last year, and the median price per square foot was $307.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $213.7K | $75.8K | -64.5% |
2 Bedrooms | $267K | $393K | +47.2% |
3 Bedrooms | $452.5K | $467.4K | +3.3% |
4 Bedrooms | $651.5K | $642.5K | -1.4% |
5+ Bedrooms | $505K | - | N/A |
Summary: Tenino housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 64.5%, 2 bedroom homes increased by 47.2%, 3 bedroom homes increased by 3.3%, 4 bedroom homes decreased by 1.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Tenino | $432.5K | $459.9K | +6.4% |
Thurston South | $454.8K | $455.9K | 0.2% |
Housing Supply in Tenino, WA
How many homes are available in Tenino, WA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
23 | 29 | +26.1% |
Summary: The Tenino real estate market had 29 homes for sale in May 2024, a 26.1% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 3 | 4 | +33.3% |
3 Bedrooms | 16 | 20 | +25.0% |
4 Bedrooms | 3 | 4 | +33.3% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Tenino housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
11 | 4 | -63.6% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Tenino in May 2024, down by 63.6% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Tenino, WA
How long does it take to sell a home in Tenino, WA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
236 Days | 53 Days | -77.3% |
Summary: Homes in Tenino had an average of 53 days on market in May 2024, down by 77.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 4 homes were sold in Tenino; 25% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.