Market Overview
Home Prices in Yelm, WA
The median home value in Yelm, WA is $490,817 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 0.7% compared to a year ago and up 0.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Yelm are priced20% above average. Yelm is part of the Olympia-Lacey-Tumwater, WA metro area.
Over the past five years, Yelm home values have risen by approximately13.4%, reflecting steady appreciation in this market.
Price History
Yelm Home Price Trend
2020
$341,720
$342K
—
2021
$432,980
$433K
+26.7%
2022
$495,440
$495K
+14.4%
2023
$463,689
$464K
-6.4%
2024
$486,806
$487K
+5.0%
2025
$487,603
$488K
+0.2%
2026
$490,817
$491K
+0.7%
City Comparison
Yelm vs. National Median
🏠 Yelm
$490,817
National Median
$410,000
At $490,817, homes in Yelm cost 20% above the national median of $410,000. Buyers in Yelm should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Yelm?
20% Down Payment
$98,163
on $490,817
Monthly P&I
$2,560/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,251/mo
incl. taxes & insurance
Income Needed
$130,040
gross annual (30% rule)
10% Down Option
$49,082
+ PMI applies
Loan Amount (20% dn)
$392,654
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Yelm, WA?
The median home value in Yelm is $490,817 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 0.7% year-over-year.
How much have home prices changed in Yelm?
Over the past year, home values in Yelm have increased by 0.7%. Over five years, prices have risen approximately 13.4%.
How much do I need to earn to buy a home in Yelm?
To comfortably afford the median home price of $490,817 with a 20% down payment ($98,163) at today's rates (6.8%), you'd need a gross annual income of approximately $130,040. This assumes keeping total housing costs at or below 30% of gross income.
How does Yelm compare to the national average home price?
The national median home value is approximately $410,000. At $490,817, homes in Yelm are 20% above the national average.
What metro area is Yelm part of?
Yelm is part of the Olympia-Lacey-Tumwater, WA metropolitan area. Home prices and market conditions can vary across the broader metro region.