Housing in Yelm, WA

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$489,975

Median List Price

$514,970

Price Per Sq Ft

$258

Days on Market

70

Active Inventory

60

Months of Supply

5.0

Balanced market

Zillow Home Value

$479,028

ZHVI — January 2026

Zillow Rent Index

$2,343

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 3.0%List Price 3.0%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

58.3%

Off Market in 2 Weeks

57.9%

Sale-to-List Ratio

100.6%

Seller's market

Sold Above Asking
58.3%
Under Contract in 2 Wks
57.9%
Listings with Price Drops
8.3%

Market Activity

Source: Redfin

Homes Sold

12

New Listings

36

Pending Sales

19

Homes Sold 36.8%New Listings 56.5%Pending 40.6%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$258

Median List $/SF

$254

Sale $/SF 6.2%List $/SF 10.0%Mar 24Jan 26

Yelm vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 10,000 - 25,000 residents. Yelm is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$439,100

Median Rent

$1,363

Total Housing Units

3,529

Vacancy Rate

1.7%

Owner Occupied

69.8%

Renter Occupied

30.1%

Median Property Tax

$3,400

per year

Monthly Cost (w/ Mortgage)

$2,236

Housing Types

Single Family
80.5%
Multi-Family
15.8%
Mobile Home
3.7%

The current median sale price in Yelm, WA is $489,975 according to Redfin data. Homes spend a median of 70 days on the market. 58.3% of homes sold above asking price. The market has 5.0 months of supply. The median price per square foot is $258. Zillow's observed rent index is $2,343/month. About 69.8% of housing units are owner-occupied. The median year homes were built is 2004. There are 3,529 total housing units.