Real Estate Market Update for Tumwater, WA
Welcome to March's Market Update. Lets take a look at residential real-estate activity in your area during the month of February. The number of active listings was down 25% from one year earlier, and down 12% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just under 370-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 24%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just over 320-thousand dollars. The number of units sold increased 3% year-over-year, and increased 63% month-over-month. These figures may indicate that buyers have been taking advantage of opportunities in this market. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for Tumwater, WA

Area Information for Tumwater, WA
  • Population: 24,914
  • Median Age: 40.14 yr
  • Median Commute Time: 19 mins
  • Educational Climate*: 4
  • Sales Tax: 0%
  • Population Density: 1,421/sq mi
  • Population Change Since 2000: 48.48%
  • Closest Airport: Seattle-tacoma International
  • Closest College: Evergreen State College
  • Closest Jr. College: South Puget Sound Community College
  • Median Household Income: $70,782
  • Annual Residential Turnover: 0%
  • Median Home Sales Price: $450,000
  • Closest Major Sports Team: Tacoma Rainiers (aaa)
  • Change Avg. Household Income Since 2000: 56.13%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Tumwater, WA
Median Age: 40.14 Married: 41% Number of Households: 10,635 Households with Children: 2,685
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Tumwater, WA

      School Name Distance Type Grades School Rating
      Tumwater Middle School 1.0 mi Public 6-8 4
      Black Lake Elementary School 1.1 mi Public K-6 4
      Gravity High School 1.3 mi Public UNGRADE-UNGRADE 0
      A G West Black Hills High School 1.4 mi Public 9-12 3
      Cascadia High School 1.4 mi Public 9-12 0
      Tumwater High School 1.5 mi Public 9-12 3
      Tumwater Virtual Academy 1.6 mi Public K-12 3
      Tumwater Hill Elementary School 1.7 mi Public K-5 2
      Michael T Simmons Elementary School 1.7 mi Public K-5 4
      New Market Vocational Skills Center 1.7 mi Public 10-12 0
      Peter G Schmidt Elementary School 1.9 mi Public K-5 3
      Washington Connections Academy 2.1 mi Public K-10 3
      George Washington Bush Middle School 2.1 mi Public 6-8 3
      Serendipity Children's Center 2.2 mi Private PRESCHOOL-PRESCHOOL 0
      Evergreen Christian School 2.9 mi Private K-8 0
      Lincoln Elementary School 3.2 mi Public K-5 4
      Olympia Community School 3.2 mi Private K-5 0
      Olympia High School 3.2 mi Public 9-12 5
      Sunrise Beach School 3.3 mi Private K-12 0
      Pioneer Elementary School 3.5 mi Public K-5 5
      Mclane Elementary School 3.7 mi Public K-5 3
      Washington Middle School 3.8 mi Public 6-8 5
      Garfield Elementary School 3.8 mi Public PRESCHOOL-5 3
      Capital High School 3.8 mi Public 9-12 4
      Centennial Elementary School 3.9 mi Public K-5 4
      Jefferson Middle School 3.9 mi Public 6-8 5
      St Michael School 4.1 mi Catholic PRESCHOOL-8 0
      Nova School 4.1 mi Private 6-8 0
      Olympia Christian School 4.1 mi Private K-8 0
      Avanti High School 4.3 mi Public 9-12 4
      Mckenny Elementary School 4.4 mi Public K-5 4
      Madison Elementary School 4.4 mi Public PRESCHOOL-5 3
      Julia Butler Hansen Elementary School 4.5 mi Public K-5 3
      Olympia Regional Learning Academy - Montessori School 4.5 mi Public K-8 3
      Olympia Regional Learning Academy 4.5 mi Public K-12 4
      Thurgood Marshall Middle School 4.7 mi Public 6-8 3
      Leland P Brown Elementary School 5.2 mi Public K-5 2
      Olympia Waldorf School 5.4 mi Private PRESCHOOL-8 0
      Capital Montessori School 5.7 mi Private PRESCHOOL-6 0
      East Olympia Elementary School 5.7 mi Public K-5 3
      Griffin School 6.8 mi Public K-8 4
      Littlerock Elementary School 7.3 mi Public PRESCHOOL-6 3
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area.
      Local Weather for Tumwater, WA
        Data powered by Attom Data Solutions. Copyright© 2022. Information deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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