98597 Home Values & Market Trends
There are 1,142 homes currently listed for 98597. 98597 real estate market trends show that home prices range from $20,000 to $2,200,000, and the median sales price in the 98597 zip code is $479,829. The total number of properties sold within the past twelve months is 534. In 98597, 18 properties are in foreclosure, 6 are bank owned properties,and 10 are headed for auction.
98597 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Yelm | $ 479,829 $ 279/sqft |
Housing Market Summary for 98597
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $479.9K | $485K | 1.06% |
| Median Sold Price | $494K | $445.4K | -9.85% |
| Homes For Sale | 875 | 1,140 | 30.29% |
| Homes Sold | 154 | 120 | -22.08% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in 98597
Browse Homes in 98597
The median list price of a home in Yelm, is $479,829. A total of 1,142 properties are for sale, and the percentage of properties for sale in the zip code is 1142.00%. The total count of 98597 properties is 1,298.
- Pre-ForeclosurePre-foreclosure homes account for 0.15% of all residential properties in 98597 with yelm containing 2 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 98597; of that cities, the estimated home value for pre-foreclosure homes ranges from $501,497 in yelm to the lowest home value of $501,497 in yelm.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 98597 ranges from the highest value of $490,996 in yelm to the lowest value of $316,596 in yelm. Bank owned homes and properties account for 0.46% of properties in 98597. There is 1 cities within 98597; yelm containing 6 REO properties, has the highest number of bank owned properties in a single city.
- Auctionsyelm has 10 auction properties, the highest number of properties going to auction in a single city in the state of 98597. Auction homes and other auction properties account for 0.77% of all properties in 98597. There is 1 cities within 98597; of that cities, the median estimated home value for homes going to auction ranges from $872,936 in yelm to the lowest value of $385,696 in yelm.
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Guide for 98597
Washington Foreclosure Laws
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
