Olympia - WA housing market
The Olympia metro has a typical home value of $533,918, up 0.3% from a year ago. Homes are moving fast at 11 days on market - a strong seller's market. 24% of listings have had a price cut. Data from Zillow Research, updated monthly.
How to read this data
The typical home value ($533,918) is the Zillow Home Value Index for the Olympia - WA metro area , a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.
Prices are up 0.3% over the past year. In Olympia - WA, that means a home worth $532,321 last year is now worth roughly $533,918.
The median sale price , what homes actually close for , is $521,332. Homes are selling at 99.6% of list price, meaning buyers have room to negotiate.
Homes listed in Olympia - WA sit on the market for roughly 11 days before going pending. Shorter = seller's market; longer = buyer's market.
About 24.5% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.
Roughly 429 new listings hit the market each month in Olympia - WA. There are currently 948 homes for sale, up 27.6% from a year ago.
The typical monthly rent in Olympia - WA is $2,041, up 3.2% year over year. For investors, the price-to-rent ratio here is roughly 22x annual rent.
What's not on this page
This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.
Other metros in WA
| Metro | Home value | 1-yr change | Days on market |
|---|---|---|---|
| Seattle - WA | $750,279 | -1.9% | 10.0d |
| Spokane - WA | $423,842 | +0.3% | 15.0d |
| Kennewick - WA | $441,524 | +0.0% | 18.0d |
| Bremerton - WA | $586,380 | +1.6% | 9.0d |
| Yakima - WA | $355,256 | +1.9% | 20.0d |