Is Tenino, WA 98589 a buyer’s or seller’s market?

The Tenino housing market right now

In the three months ending August 31, 2026, 14% of homes in Tenino, WA 98589 sold above their list price, the typical home went under contract in 15 days and there were 4.6 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 22 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 23%, homes sold faster (30 days then) and the median sale price rose 17% to $549,762. Overall, Tenino is less competitive than a year ago, which gives buyers more room.

Within Thurston County, homes here sell faster than in 82% of the county’s ZIP codes, and sell less often over asking than in 91%. On our competition score, Tenino ranks #215 of 298 WA ZIP codes with enough sales (score 46 out of 100).

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