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City Hall in Yelm, WashingtonPhoto: Rising*From*Ashes · CC BY-SA 4.0
Housing in Yelm

215 homes sold in Yelm in the last year, at a typical $522K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Yelm homes are listed.

Homes sold
215
June 2025 to May 2026
Typical sale price
$522K
median, weighted by sales
Price per square foot
$254
Washington $360
Paid vs. asking
100.6%
49% sold over asking
For sale now
83
May 2026 · 24 sold that month
What sold · last 12 months

Houses are 100% of Yelm’s sales, at a typical $522K

215 homes sold in the year to May 2026.

Houses$522K

typical sale · 215 sold in 12 months

Per square foot
$254WA $348
Days to sell
32
Sold over asking
49%
Listings with a price cut
23%
14 years of sales

Fewer homes sell than a decade ago, at 2.2 times the 2016 price

215 sales in the last year, against 413 in 2019 and a low of 141 in 2012. The typical sale went from $236K in 2016 to $522K.

Homes soldTypical sale price
0112225337450$225K$350K$475K$600K2012: 141 sold, typical $203K’122013: 217 sold, typical $217K2014: 191 sold, typical $207K’142015: 206 sold, typical $215K2016: 270 sold, typical $236K’162017: 410 sold, typical $256K2018: 389 sold, typical $288K’182019: 413 sold, typical $319K2020: 358 sold, typical $364K’202021: 411 sold, typical $430K2022: 316 sold, typical $479K’222023: 285 sold, typical $471K2024: 264 sold, typical $497K’242025: 204 sold, typical $519KLast 12 months: 215 sold, typical $522KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $500K buys in Yelm

Houseat $254 a sq ft
The same money in Washingtonat $348 a sq ft

Is this asking price fair?

Check a listing against what Yelm homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Yelm are back to pre-pandemic levels, and more homes are for sale

We read every month of Yelm’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 215 sales.

If you’re buying in Yelm

  • Shop in August. It brings about 34 new listings a month, close to the busiest month, with fewer bidding wars (55% over asking).
  • Some room to negotiate. 23% of listings cut their price, about as many as before the pandemic.
  • Bid near asking. Buyers paid 100.6% of the list price on average; 49% paid over.
  • You’ll usually have time. Only 39% of homes go under contract within two weeks; the typical one takes 32 days.
Best time to buy

Summer brings the homes; spring brings the bidding wars

June has the most new listings (about 39 a month), but May is the most competitive: 62% of May sales close over asking. July and August offer nearly as much choice with fewer homes bid up (59%). February has the least competition (46%).

New listings a monthShare sold over asking
01020304027%53%80%Sweet spotJan: 23 new listings a month, 53% sold over asking, 31 days to sellJFeb: 25 new listings a month, 46% sold over asking, 33 days to sellFMar: 32 new listings a month, 56% sold over asking, 23 days to sellMApr: 34 new listings a month, 58% sold over asking, 16 days to sellAMay: 37 new listings a month, 62% sold over asking, 14 days to sellMJun: 39 new listings a month, 60% sold over asking, 12 days to sellJJul: 33 new listings a month, 59% sold over asking, 15 days to sellJAug: 34 new listings a month, 55% sold over asking, 15 days to sellASep: 26 new listings a month, 52% sold over asking, 16 days to sellSOct: 29 new listings a month, 52% sold over asking, 23 days to sellONov: 19 new listings a month, 54% sold over asking, 23 days to sellNDec: 13 new listings a month, 54% sold over asking, 25 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and hotter than Washington

Yelm now2017–192021 peakWA now
Sold over askingShare of sales that closed above the list price49%52%84%27%
Gone within two weeksShare of homes under contract within 14 days39%56%87%39%
Listings with a price cutShare of homes for sale that cut their price23%22%35%30%
Price paid vs. askingAverage sale price ÷ list price100.6%100.3%105.4%99.2%
Days to sellMedian days from listing to contract3217533
Supply

62 homes for sale on a typical day

That’s 6.4 times the 2020 low (10) and 73% more than in 2017–19.

2012: 60 for sale’122013: 64 for sale2014: 65 for sale2015: 58 for sale’152016: 46 for sale2017: 50 for sale2018: 35 for sale’182019: 22 for sale2020: 10 for sale2021: 11 for sale’212022: 29 for sale2023: 38 for sale2024: 41 for sale’242025: 51 for saleLast 12 months: 62 for saleNow
Room to negotiate

1 in 4 listings has cut its price

23% in the last year, against 22% in 2017–19 and 30% across Washington.

2015: 20%’152016: 19%2017: 24%2018: 20%’182019: 21%2020: 18%2021: 35%’212022: 50%2023: 21%2024: 26%’242025: 21%Last 12 months: 23%Now
Across Washington

Yelm ranks 11th of 189 busy Washington markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Yelm is one of the state’s hottest markets.

Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Yelm home costs about $3,055 a month

Mortgage
Property tax
Insurance
Rent

Price: Yelm’s typical sale, last 12 months. Property tax at Yelm’s 0.8% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Yelm is affordable on local pay is on Cost of living.

Before you buy in Yelm

Six things worth knowing

39

New listings in June

The month with the most choice. December has the fewest, about 13.

Best time to buy
0.8%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $522K home, about $3,990 a year.

Taxes vs. neighbors
B−

Schools

The schools grade for Yelm, from test results, graduation and how much students grow.

Schools in Yelm
34 min

Typical commute

The average one-way trip to work for people who live in Yelm.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

No busy market nearby sells for less a square foot

The busier markets within 25 miles of Yelm, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Lacey682$503K$29232%23
Yelm215$522K$25449%32
DuPont156$540K$29328%26
Tanglewilde57$485K$29935%27
North Yelm28$455K$27857%57
Tenino28$378K$28818%45
Rainier26$489K$27731%79

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Yelm, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Yelm. People who follow the town see it, and so do people comparing Yelm with their own town. No commission, no listing fee.

Questions about buying a home in Yelm

What do homes sell for in Yelm, WA?

215 homes sold in the year to May 2026 at a typical $522K, $254 a square foot.

Is Yelm a buyer’s or seller’s market?

A seller’s market: 83 homes were for sale in May 2026 and 24 sold, about 3.5 months of supply. Buyers paid 100.6% of asking on average, and 23% of listings cut their price.

When is the best time to buy in Yelm?

June brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Yelm?

About 0.8% of a home’s value a year. On a $522K home that’s near $3,990.

Where can I see homes for sale in Yelm?

Zillow, Redfin, Realtor.com and Homes.com all carry Yelm’s MLS listings; the search links above open each one filtered to Yelm.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).