Is Rochester, WA 98579 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Rochester is a balanced market. With about 5.2 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score48/ 100

More competitive than 48% of U.S. ZIP codes, and #210 of 298 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply5.2Under 4 months = seller’s market
Sold above original list16.7%Share of sales, last 3 months
Median sale-to-list99.1%Sold price ÷ list price
Median days on market20Listing to accepted offer
Median price per sq ft$300▼ −8.1% vs. last year

The Rochester housing market right now

In the three months ending August 31, 2026, 17% of homes in Rochester, WA 98579 sold above their list price, the typical home went under contract in 20 days and there were 5.2 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 31 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 30%, homes sold more slowly (18 days then) and the median sale price rose 6% to $547,263. Overall, Rochester is less competitive than a year ago, which gives buyers more room.

Within Thurston County, homes here sell more slowly than in 55% of the county’s ZIP codes, and sell less often over asking than in 82%. On our competition score, Rochester ranks #210 of 298 WA ZIP codes with enough sales (score 48 out of 100).

Nearby, buyers who want less competition could look at Bucoda 98530 (0% sold over asking) or Tenino 98589 (14% sold over asking), while Lacey 98503 (29% sold over asking) and Rainier 98576 (28% sold over asking) are even more competitive.

Nearby markets

Bucoda 98530Balanced $290 /sq ftLacey 98503Seller’s market $293 /sq ftOlympia 98501Seller’s market $299 /sq ftOlympia 98502Seller’s market $326 /sq ft Browse all markets →

Where Rochester is

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Questions about Rochester real estate

Is Rochester a buyer’s or seller’s market?

A balanced market: there were 5.2 months of supply in Rochester, WA 98579 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Rochester?

The typical home went under contract in 20 days in the latest three months.

Do homes in Rochester sell over asking?

17% of homes sold above their original list price, and the typical sale closed at 99.1% of the list price.

What are property taxes in Rochester?

About 0.88% of a home’s value a year in Thurston County, or roughly $3,520 on a $400,000 home.

What is the median home price in Rochester?

The median sale price was $547,263 in the three months ending August 31, 2026, about $300 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology