$5,759 Closing Credit*
$485,000
1,762 SqFt
4 Beds
•2 Full Baths
Walter Cuestas, Listing Office: CENTURY 21 Lund, Realtors
Is Thurston South, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
Since last year, Thurston South has remained a Seller's Market.
Key Takeaway
Thurston South is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Thurston South, WA
How much do homes in Thurston South, WA cost?
Median Sold Price
$456,900
$291/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
+$610(+0.1%)
Key Takeaway
The sold price of homes in Thurston South has remained the same since last year.
Summary: The median home sold price in Thurston South was $456,900 in August 2024, up 0.1% from last year, and the median price per square foot was $291.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $280K | $275K | -1.8% |
| 2 Bedrooms | $360K | $359.5K | -0.1% |
| 3 Bedrooms | $457.5K | $469.9K | +2.7% |
| 4 Bedrooms | $605K | $610K | +0.8% |
| 5+ Bedrooms | $910K | $705K | -22.5% |
Summary: Thurston South housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.8%, 2 bedroom homes decreased by 0.1%, 3 bedroom homes increased by 2.7%, 4 bedroom homes increased by 0.8%, and 5+ bedroom homes decreased by 22.5%.
Median Sold Price Compared To Nearby Cities
| Tenino | $447K | $470K | +5.1% |
| Olympia East | $475K | $496.5K | +4.5% |
| Thurston South | $456.2K | $456.9K | 0.1% |
| Rainier | $475K | $470.2K | -1.0% |
Housing Supply in Thurston South, WA
How many homes are available in Thurston South, WA?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 199 | 203 | +2.0% |
Summary: The Thurston South real estate market had 203 homes for sale in August 2024, a 2.0% increase compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 2 | -50.0% |
| 2 Bedrooms | 23 | 23 | 0.0% |
| 3 Bedrooms | 141 | 146 | +3.5% |
| 4 Bedrooms | 27 | 27 | 0.0% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Thurston South housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes remained the same, 3 bedroom homes increased by 3.5%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 48 | 49 | +2.1% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
18 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Thurston South, expect to pay close to the asking price. 36.7% of homes here sold near the asking price last month.
Summary: A total of 49 homes were sold or pending in Thurston South in August 2024, up by 2.1% month-over-month. Of the 49 sold homes, 33% were sold under asking, 37% were sold at asking, and 31% were sold over asking.
Days on Market for Thurston South, WA
How long does it take to sell a home in Thurston South, WA?
Average Sale Time
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 22 Days | 42 Days | +91.6% |
Summary: Homes in Thurston South had an average of 42 days on market in Aug 2024, up by 91.6% compared to last year.
Breakdown of Home Sale Times
30 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Thurston South are selling fast, if you're buying plan to act quickly.
Summary: During August 2024, 49 homes were sold in Thurston South; 61% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2024 Northwest MLS. All rights reserved. 
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.