Is Tenino, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Tenino has remained a Seller's Market.
Housing Prices in Tenino, WA
How much do homes in Tenino, WA cost?
Median Sold Price
$462,500
$305/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Tenino was $462,500 in April 2024, up 8.8% from last year, and the median price per square foot was $305.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $213.7K | $75.8K | -64.5% |
2 Bedrooms | $275K | $405K | +47.3% |
3 Bedrooms | $432.5K | $465K | +7.5% |
4 Bedrooms | $467.5K | $720K | +54.0% |
5+ Bedrooms | $482.5K | - | N/A |
Summary: Tenino housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 64.5%, 2 bedroom homes increased by 47.3%, 3 bedroom homes increased by 7.5%, 4 bedroom homes increased by 54%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Tenino | $424.9K | $462.5K | +8.8% |
Thurston South | $457.2K | $459.7K | 0.5% |
Housing Supply in Tenino, WA
How many homes are available in Tenino, WA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
28 | 25 | -10.7% |
Summary: The Tenino real estate market had 25 homes for sale in April 2024, a 10.7% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 4 | 3 | -25.0% |
3 Bedrooms | 19 | 17 | -10.5% |
4 Bedrooms | 4 | 4 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Tenino housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes decreased by 10.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 11 | +83.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in Tenino in April 2024, up by 83.3% month-over-month. Of the 11 sold homes, 18% were sold under asking, 27% were sold at asking, and 55% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
39 Days | 28 Days | -28.5% |
Summary: Homes in Tenino had an average of 28 days on market in Apr 2024, down by 28.5% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 11 homes were sold in Tenino; 64% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.