#2354932, Betty Holt, Listing Office: Olympic Sothebys Intl Realty
Tumwater Housing Market Report March 2025•Thurston County, Washington
Housing Prices in Tumwater, WA
How much do homes in Tumwater, WA cost?
Housing Market Conditions
Is Tumwater, WA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Tumwater is a Seller's Market
Difference Since March 2024
Since last year, Tumwater has remained a Seller's Market.
Tumwater is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Tumwater have sold for 0.8% less than they did a year ago.
Summary: The median home sold price in Tumwater was $512,300 in March 2025, down 0.8% from last year, and the median price per square foot was $266.
Median Sold Price By Cities
City | Mar 2024 | Mar 2025 | Change YoY |
---|---|---|---|
Olympia West | $584.9K | $599.9K | +2.6% |
Olympia | $549K | $554.7K | +1.0% |
Tumwater | $516.6K | $512.3K | -0.8% |
Median Sold Price By Bedrooms
Beds | Mar 2024 | Mar 2025 | Change YoY |
---|---|---|---|
11 Bedroom | - | $250K | N/A |
22 Bedrooms | $373.4K | $305K | -18.3% |
33 Bedrooms | $495K | $491.5K | -0.7% |
44 Bedrooms | $566.2K | $614.9K | +8.6% |
55+ Bedrooms | $630K | $620K | -1.6% |
Summary: Tumwater housing price by bedroom type for March 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -18.3%. The home price for 3 bedroom homes decreased by -0.7%. The home price for 4 bedroom homes increased by +8.6%. The home price for 5 bedroom homes decreased by -1.6%.
How does Tumwater, WA compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Tumwater, WA
Housing supply in Tumwater, WA
How many homes are available in Tumwater, WA?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
113Last MonthMar 2025 | ||
942 months agoFeb 2025 | +20.2 % Change MoMFeb – Mar |
Summary: The Tumwater real estate market had 113 homes for sale in Mar 2025, a 20.2 % increase compared to Feb 2025.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
27Last MonthMar 2025 | ||
202 months agoFeb 2025 | +35.0 % Change MoMFeb – Mar |
Homes For Sale By Bedroom Count
Beds | Feb 2025 | Mar 2025 | Change MoM |
---|---|---|---|
44 Bedrooms | 30 | 44 | +46.7% |
11 Bedroom | 2 | 2 | 0.0% |
22 Bedrooms | 25 | 26 | +4.0% |
33 Bedrooms | 30 | 31 | +3.3% |
55+ Bedrooms | 7 | 10 | +42.9% |
Summary: Tumwater housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 4 bedroom homes increased by +46.7%. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +4.0%. The inventory for 3 bedroom homes increased by +3.3%. The inventory for 5 bedroom homes increased by +42.9%.
Asking Price vs. Sold Price
How much do homes in Tumwater, WA cost?
Over Asking Price5 Homes
At Asking Price16 Homes
Under Asking Price6 Homes
If you're buying a home in Tumwater, expect to pay close to the asking price. 59.3% of homes here sold near the asking price last month.
Summary: A total of 27 homes were sold or pending in Tumwater in March 2025, up by 35.0% month-over-month. Of the 27 sold homes, 22% were sold under asking, 59% were sold at asking, and and 19% were sold over asking.
Days on Market for Tumwater, WA
How long does it take to sell a home in Tumwater, WA?
Breakdown of Home Sale Times
Under 30 Days14 Homes
30 – 90 Days3 Homes
Over 90 Days10 Homes
Many homes in Tumwater are selling fast, if you're buying plan to act quickly.
Summary: During March 2025, 27 homes were sold in Tumwater; 52% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 37% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
66 DaysThis YearMar 2025 | ||
57 Days1 year agoMar 2024 | +15.8 % Change YoYMar 2024 – Mar 2025 |
Summary: Homes in Tumwater had an average listing age of 66 days in Mar 2025, up by 15.8% compared to the previous year.
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Newest Listings in Tumwater, WA
What homes are available in Tumwater, WA?
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MLS Disclaimers and Copyright
Based on information from Northwest Multiple Listing Service, and Regional Multiple Listing Service for the period 04/01/2023 - 04/01/2025

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

DMCA Notice
Disclaimer: Information contained in this listing has not been verified by Rocket Homes Real Estate, LLC and should be verified by the buyer. All information deemed reliable but not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. All properties are subject to prior sale, change or withdrawal. Neither broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Days on site is calculated from the listing date of the current listing and includes the sum of market time from prior listings for the same property uninterrupted by a sale or more than 60 days off-market. Time off market, including time when a sale is pending, temporarily off market, etc. is not included. NorthwestMLS
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/4/2025, 2:17:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/4/2025, 1:00:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.