Tenino, WA—98589
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Tenino, WA
As of Oct '25, the median home price in Tenino, WA is $508,000, with a year-over-year change of 0.5%. This indicates that home prices in Tenino, WA are flat. According to Zillow, the 1-year price projection is 0.8%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $508,000 | 0.5% |
| Single Family | $508,000 | 0.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $397,000 | 0.0% |
3 Bed | $539,000 | 1.1% |
4 Bed | $615,000 | 2.2% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Tenino, WA
As of July '25, Rentcast reports the average rent in Tenino, WA is $2,150, with a year-over-year rent change of -43.4%. Per bedroom, the median rent as of July '25 in Tenino, WA is 2-bedrooms: $1,400, 3-bedrooms: $2,400. The most common rental property sizes in Tenino, WA are 3-bedroom and 2-bedroom, accounting for 32.9% and 30.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,300 | $2,150 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,400 | $1,400 |
| 3 Bed Rent | $2,400 | $2,400 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Tenino, WA
As of Oct '25, Realtor.com reports that the median days on market for a home in Tenino, WA is 86. This is a increase of 28.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 40.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $636,000 | 4.0% |
Listing Count | 30 | 19.0% |
| Listings as % of Homes | 0.7% | 19.0% |
Days on Market | 86 | 28.0% |
Demographics — Tenino, WA
As of the latest ACS Survey released in 2023, Tenino, WA has a population of 7,300, which has decreased by -3.8% over the past 5 years. Tenino, WA is a moderately popular place for families, as children make up 18.3% of the population. The area has a moderately educated workforce, with 26.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 7,300 | -3.8% |
% Under 18 | 18.3% | -12.0% |
% Seniors | 21.0% | 29.6% |
% WFH | 15.2% | 61.7% |
% w/ College Degree | 26.1% | 31.2% |
As of the latest ACS Survey released in 2023, Tenino, WA is a predominantly white area, with 84.7% of the population identifying as white. The white population has shrunk by 1.6% in the last 5 years. The second most common race or ethnicity in Tenino, WA is hispanic, making up 5.0% of the population. Foreign-born residents account for 4.1% of the population in Tenino, WA, and this percentage has increased by 13.9% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 84.7% | -1.6% |
% Black | 2.2% | 69.2% |
% Hispanic | 5.0% | -26.5% |
% Asian | 1.5% | 66.7% |
% Foreign Born | 4.1% | 13.9% |
Mortgage and Risk — Tenino, WA
According to HUD data as of 2023, there were 257 mortgage originations in Tenino, WA, of which 79.0% of loans were conventional mortgages. The average loan-to-value was 52.0%, with 22.0% above 90% LTV (very high). This implies large mortgage risk in Tenino, WA. Investor activity is low, as 1.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 257 |
% Conventional Loans | 79.0% |
% Government Loans | 21.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Tenino, WA
Tenino, WA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 12 |
Total Units Section 8 | 12 |
% Rentals under Section 8 | 2.1% |
% Occupied Section 8 | 83.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,400 |
| 2 Bedroom | $230 | $1,400 | $1,630 |
| 3 Bedroom | -$120 | $2,400 | $2,280 |
| 4 Bedroom | N/A | N/A | $2,760 |
Affordability — Tenino, WA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.3 |
| Median Home Price | $508,000 |
| Median Household Income | $89,100 |