2020 marked the 8th consecutive year of growth in Thurston County's median home sale price. 5,219 homes were sold through the Northwest Multiple Listing Service (NWMLS) with a median sale price of $378,900. When adjusted for inflation, the median sale price of a home increased between 2019 and 2020 in every Thurston County city and town. Tenino saw the largest increase (21%) while Tumwater saw the smallest (9%).
Three-bedroom homes accounted for about 54% of the total home sales in 2020, with a median price of $362,000. Four-bedroom homes accounted for 27% of home sales, with a median sale price of $417,000.
In 2020, homes were on the marked an average of 18 days. Three-bedroom homes on average were on the market the shortest period of time at just 16 days.
Homes in Lacey, Tumwater, and Yelm sold the fastest, with homes on the market for an average of 14, 14, and 17 days respectively.