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Thurston County, Washington Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
125
Sold (12M)
130
Median Price
$197K
Market Condition
Strong Buyer's Market

Thurston County, Washington Market Meter

Buyer'sSeller's
Strong Buyer's Market

26.8 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$197K
Avg Price/Acre
$58K
Avg Days on Market
92
Months of Supply
26.8
YoY Price Change
-34.0%
New Listings (3M)
27

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres131348
1-2 acres-1410
2-5 acres12817
5-10 acres141636
10-20 acres-139
20-50 acres-369
50-100 acres--11
100+ acres----
TOTAL31451130
📊 Sold Counts: The total number of land parcels that sold during each time period.How to read: If "5-10 acres" shows 25 under "30D", that means 25 parcels between 5-10 acres sold in the last 30 days. The "3M" column shows sales from the last 3 months, "12M" shows the full year, etc.Higher numbers = active market with lots of buyers. Lower numbers = slower market with fewer sales.

Market Trends & Analysis

Inventory by Acreage (12 Months)

Sold
For Sale
0-1 acres48 sold / 49 listed
1-2 acres10 sold / 11 listed
2-5 acres17 sold / 20 listed
5-10 acres36 sold / 26 listed
10-20 acres9 sold / 7 listed
20-50 acres9 sold / 6 listed
50-100 acres1 sold / 2 listed
100+ acres0 sold / 4 listed

Median Price by Acreage

$0$238K$475K
0- 1
1- 2
2- 5
5- 10
10- 20
20- 50
50- 100

Acreage buckets

Key Market Indicators

Total Sales Volume
$53.9M
Last 12 months
Active Listings
125
Current inventory
Avg Days on Market
92
Time to sell
Price Trend (YoY)
-34.0%
Year over year

Thurston County, Washington Land Market Analysis

How much is land worth in Thurston County, Washington?

The median price for land in Thurston County, Washington is currently $58K per acre. For a typical parcel, the median sale price is $197K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $48K while premium lots reached $616K.

Is now a good time to buy land in Thurston County, Washington?

Thurston County, Washington is currently a strong buyer's market with 26.8 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have decreased 34.0% year-over-year.

What is the months of supply for land in Thurston County, Washington?

Thurston County, Washington currently has 26.8 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.

What is the average price per acre in Thurston County, Washington?

Land in Thurston County, Washington averages $266K per acre. The median price per acre is $58K, which may be more representative of typical transactions. Most parcels sold are around 2.9 acres.

How long does it take to sell land in Thurston County, Washington?

Land in Thurston County, Washington typically sells within 92 days of listing. The median time on market is 22 days. Properties are moving at a moderate pace in the current strong buyer's market.

What is the median land price in Thurston County, Washington?

The median land price in Thurston County, Washington stands at $197K. This translates to roughly $58K per acre for the typical parcel size. The average price is $415K, indicating some higher-priced properties pulling up the average.

What is the absorption rate for land in Thurston County, Washington?

The 3-month absorption rate in Thurston County, Washington is 3.7%. The 12-month rate is 8.7%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

Data Sources & Accuracy

Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.

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