Is Yelm, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Yelm is a seller's market

Buyer's
Market

Difference Since September 2021

Since last year, Yelm has remained a Seller's Market.

Key Takeaway

Yelm is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Yelm, WA cost?

Median Sold Price

$469,572

$237/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2021

+$66,072(+16.4%)

Key Takeaway

Homes in Yelm have sold for 16.4% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSSep 2021Sep 2022%
1 --
N/A
2 $305K$387.2K
+27.0%
3 $375K$428K
+14.1%
4 $437K$505K
+15.6%
5+ $436K$514K
+17.9%

Median Sold Price Compared To Nearby Cities

Yelm
+16.4%
Olympia East
+15.8%

How many homes are available in Yelm, WA?

Number of Homes For Sale

Aug 2022Sep 2022%
7065-7.1%

Homes For Sale By Bedroom Count

# BEDSAug 2022Sep 2022%
1 00
0.0%
2 22
0.0%
3 3131
0.0%
4 2925
-13.8%
5+ 87
-12.5%

Number of Homes Sold

Aug 2022Sep 2022%
2122+4.8%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Yelm, you may be able to get a good deal. 36.4% of homes here sold below asking price last month.

Average Sale Time

Sep 2021Sep 2022%
6 Days22 Days+268.1%

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Yelm are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Yelm, WA

There are 65 homes are for sale in Yelm, WA real estate market. In September 2022 in Yelm, WA there were 7.1% less homes for sale than in August 2022. In September 2022 median list price was $469,572 and the average listing age was 22 days. Real estate listing prices changed between August 2022 and September 2022: 1 bedroom properties became 0% more expensive, the cost of 2 bedrooms properties went up by 27%, prices of 3 bedrooms properties went up by 14.1%, prices of 4 bedrooms properties increased by 15.6%, 5 bedrooms properties prices increased by 17.9%. Volume of homes for sale in this real estate market have seen the following changes: 1 bedroom homes inventory did not change, 2 bedrooms homes did not move, number of 3 bedrooms homes remained the same, 4 bedrooms homes inventory decreased by 13.8%, 5 bedrooms homes inventory decreased by 12.5%. In September 2022 more than 6 listings in Yelm, WA were sold above the asking price. During the same period more than 8 listings were sold at asking price, while more than 8 were sold below.

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