Data as of February 2026. Source: Realtor.com.
The ELMA, WA real estate market (98541) currently shows 27 active listings, with 8 pending sales. Homes are averaging 67 days on the market before going under contract.
Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 67 days on market compared to 71 days last year.
The median listing price has fallen 4.1% year-over-year, from $459,950 to $441,175.
Whether you are buying or selling in ELMA, WA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
Population: 10,004 · Density: 19.7/mi² · Median household income: $64,271
Typical home value: $281,988 · Homeownership: 76.1%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 98541 | Elma, WA 98541 | 0.0 mi | 30 | $26,716,560 | $445,000 | $890,552 |
| 98559 | Malone, WA 98559 | 8.4 mi | 1 | $364,900 | $364,900 | $364,900 |
| 98568 | Oakville, WA 98568 | 14.9 mi | 6 | $3,155,460 | $450,000 | $525,910 |
| 98502 | Olympia, WA 98502 | 17.7 mi | 101 | $72,825,141 | $648,205 | $721,041 |
| 98537 | Cosmopolis, WA 98537 | 19.6 mi | 9 | $4,181,859 | $447,500 | $464,651 |
| 98508 | Olympia, WA 98508 | 22.2 mi | 1 | $650,000 | $650,000 | $650,000 |
| 98592 | Union, WA 98592 | 23.6 mi | 17 | $9,681,432 | $554,475 | $569,496 |
| 98506 | Olympia, WA 98506 | 25.1 mi | 48 | $32,708,256 | $650,000 | $681,422 |
| 98548 | Hoodsport, WA 98548 | 28.3 mi | 33 | $13,622,004 | $354,900 | $412,788 |
| 98503 | Lacey, WA 98503 | 28.7 mi | 65 | $39,112,645 | $501,475 | $601,733 |
| 98539 | Doty, WA 98539 | 30.4 mi | 1 | $1,999,900 | $1,999,900 | $1,999,900 |
| 98588 | Tahuya, WA 98588 | 31.0 mi | 4 | $2,143,000 | $397,000 | $535,750 |
| 98351 | Longbranch, WA 98351 | 31.3 mi | 3 | $6,323,949 | $875,000 | $2,107,983 |
As of February 2026, there are 27 active listings in ELMA, WA (zip code 98541), compared to 31 the prior year.
The median listing price in ELMA, WA 98541 is $441,175 as of February 2026, a 4.1% decrease from $459,950 the prior year.
Homes in ELMA, WA 98541 spend an average of 67 days on the market before going under contract, compared to 71 days the prior year.
Based on current inventory and days-on-market data as of February 2026, ELMA, WA 98541 is currently a Seller's Market. Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 67 days on market compared to 71 days last year.
With SELL123.com's maximum 3% commission, sellers in ELMA, WA 98541 save an estimated $8,824 compared to a typical 5% commission on the median listing price of $441,175. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.