New Listing
25
$399,000
1210 Bay Loop SW
Tumwater, WA 98512
3 bd2 ba1,034 sqft$386/ft²
House7,231 sqft lot
RE/MAX Northwest
View photos & details
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Sarah Mitchell
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Compass Real Estate · Tumwater, WA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
Tumwater, WA(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews
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Tumwater, WA Housing Market & Real Estate
Strong seller's market-4.3% YoY
Housing market overview · Updated monthly ·
$550,000median sale price
How is the Tumwater, WA housing market right now?
The median home sale price in Tumwater, WA is $550,000, down 4.3% year-over-year. Homes sell in an average of 10 days with 78 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Tumwater a buyer's or seller's market?
Strong seller's market2.5 months of supply10 avg. days on market
Tumwater, WA is currently a strong seller's market, based on 2.5 months of supply and homes selling in about 10 days. How we determine this →
Homes sold
31
Last 12 weeks
Days on market
10
Fast-moving
Active listings
78
2.5 months supply
Sale-to-list
100.6%
Above asking
What does the Tumwater housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $550,000 |
| Median list price | $589,000 |
| Year-over-year price change | -4.3% |
| Average days on market | 10 days |
| Active inventory | 78 listings |
| Months of supply | 2.5 months |
| Sale-to-list price ratio | 100.6% |
| Median price per sq ft | $279/sq ft |
| Homes sold (latest month) | 31 |
| New listings (latest month) | 39 |
| Listings with a price cut | 35.9% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Tumwater by property type?
How the Tumwater, WA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $587,500 | $280/sq ft | 27 | 10 days |
| Condo / Co-op | $360,000 | $290/sq ft | 2 | 11 days |
| Townhouse | $429,000 | $247/sq ft | 1 | 20 days |
Source: Redfin · Updated monthly
The Tumwater housing market is currently classified as a strong seller's market with a median sale price of $550,000. Prices have fallen 4.3% compared to last year, with homes spending an average of 10 days on market, indicating 2.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 5.7x provides context for how home values compare to local earning capacity.
Homes for sale in Tumwater
There are currently 78 homes listed for sale in Tumwater, Washington. The median listing price is $589K. Featured listings range from $399,000 to $899,950.
New Listing
35
$415,000
2852 Noble St SW
Tumwater, WA 98512
3 bd2 ba1,245 sqft$333/ft²
House4,182 sqft lot
BHGRE - Northwest Home Team
View photos & details
New Listing
29
$469,900
1630 Sundrop Ln SE
Tumwater, WA 98501
3 bd3 ba1,822 sqft$258/ft²
House4,042 sqft lot
Redfin
View photos & details
New Listing
29
$530,000
526 Gilbertson Ln SE
Tumwater, WA 98501
3 bd2 ba1,725 sqft$307/ft²
House4,513 sqft lot
Van Dorm Realty, Inc
View photos & details
New Listing
31
$575,000
1442 Bridle Dr SE
Tumwater, WA 98501
3 bd2 ba1,924 sqft$299/ft²
House13,011 sqft lot
Wilcox Real Estate
View photos & details
New Listing
33
$599,999
1438 91st Ave SE
Tumwater, WA 98501
3 bd2 ba2,016 sqft$298/ft²
House5,550 sqft lot
Signature Service RE Olympia
View photos & details
40
$645,000
1546 Rockcreek Ln SW
Tumwater, WA 98512
3 bd4 ba2,648 sqft$244/ft²
House8,194 sqft lot
Windermere Prof Partners
View photos & details
40
$689,000
7032 Cavalier St SW
Tumwater, WA 98512
4 bd3 ba2,960 sqft$233/ft²
House10,250 sqft lot
Redfin
View photos & details
New Build
39
$689,950
9001 Wyatt Ct SE
Tumwater, WA 98501
3 bd3 ba2,553 sqft$270/ft²
House5,153 sqft lot
Epic Realty
View photos & details
New Listing
40
$715,000
809 N 6th Ave SW
Tumwater, WA 98512
4 bd4 ba2,908 sqft$246/ft²
House7,200 sqft lot
Van Dorm Realty, Inc
View photos & details
New Build
22
$729,900
7648 Deschutes Heights Ct SE Unit 76
Tumwater, WA 98501
4 bd3 ba2,892 sqft$252/ft²
House6,848 sqft lot
Olympic Sotheby's Int'l Realty
View photos & details
New Build
2
$899,950
2381 56th Ave SW Lot 22
Tumwater, WA 98512
4 bd3 ba3,213 sqft$280/ft²
House12,306 sqft lot
Coldwell Banker Evergreen
View photos & details
Looking to buy in Tumwater?
Get connected with a local real estate expert — free, no obligation.
Active listings
78
Homes on market
Median list price
$589K
Avg. days on market
10
Days until sale
New this week
39
Newly listed
Price drops:35.9%of listings
Sale-to-list:100.6%
Who lives in Tumwater?
Population
26,519
Median income
$93,635/yr
Median age
38.1 years
Owner-occupied
61.1%
College grads
41.6%
Avg commute
20.8 min
Source: U.S. Census Bureau ACS
What are homes worth in Tumwater?
Zillow home value
$530,540
Zillow rent index
$1,922/mo
Price-to-rent ratio
23.0x
Price-to-income
5.7x
Source: Zillow Research
What is it like to live in Tumwater?
Tumwater is a community of approximately 27K residents with a median age of 38.1 years.The median household income is $93,635, which reflects a relatively affluent area with strong earning potential. 41.6% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 61.1%, showing a blend of owner and renter-occupied properties. The average commute time is 20.8 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Tumwater offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Tumwater?
13 schools tracked · 5,966 students
The largest public schools serving Tumwater, WA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Tumwater High School
Grades 9-12 · 1,139 students
A G West Black Hills High School
Grades 9-12 · 792 students
George Bush Middle School
Grades 6-8 · 757 students
Washington Connections Academy - Mary M. Knight
Grades K-8 · 694 students
Tumwater Middle School
Grades 6-8 · 633 students
Peter G Schmidt Elementary
Grades PK-5 · 586 students
Michael T Simmons Elementary
Grades K-5 · 442 students
Tumwater Hill Elementary
Grades PK-5 · 380 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Tumwater, WA?
Want a head-to-head view? Compare Tumwater side-by-side with any other U.S. city using our market-comparison tool.
Which ZIP codes are in Tumwater?
Is Tumwater a good real estate investment market?
For investors evaluating Tumwater, the price-to-rent ratio of 23.0x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 4.3% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Tumwater's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Tumwater's median home price.
Frequently asked questions
What is the average home price in Tumwater?
The median home sale price in Tumwater is $550,000, down 4.3% from last year.
How long do homes stay on market in Tumwater?
Homes typically spend 10 days on market before going under contract.
What is the median income in Tumwater?
The median household income is $93,635 per year.
Is Tumwater a buyer's or seller's market?
With 2.5 months of supply, Tumwater is currently a strong seller's market.
How many homes are for sale in Tumwater?
There are currently 78 homes listed for sale in Tumwater, WA.
What is the Zillow home value estimate for Tumwater?
The Zillow Home Value Index (ZHVI) for Tumwater is $530,540, representing the typical home value in the area.
What is the median condo price in Tumwater?
The median condo/co-op sale price in Tumwater, WA is $360,000, compared to $587,500 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Tumwater?
The median single-family home price in Tumwater, WA is $587,500 (about $280 per square foot).
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