Olympia - WA housing market
The Olympia metro has a typical home value of $532,620, up 0.4% from a year ago. Homes are moving fast at 13 days on market - a strong seller's market. 22% of listings have had a price cut. Data from Zillow Research, updated monthly.
How to read this data
The typical home value ($532,620) 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 0.4% over the past year. In Olympia - WA, that means a home worth $530,498 last year is now worth roughly $532,620.
The median sale price , what homes actually close for , is $510,963. Homes are selling at 99.2% of list price, meaning buyers have room to negotiate.
Homes listed in Olympia - WA sit on the market for roughly 13 days before going pending. Shorter = seller's market; longer = buyer's market.
About 22.5% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.
Roughly 344 new listings hit the market each month in Olympia - WA. There are currently 806 homes for sale, up 33.0% from a year ago.
The typical monthly rent in Olympia - WA is $2,009, up 3.3% 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 | $755,116 | -1.9% | 9.0d |
| Spokane - WA | $421,901 | +0.4% | 23.0d |
| Kennewick - WA | $441,609 | +-0.0% | 24.0d |
| Bremerton - WA | $584,472 | +1.8% | 9.0d |
| Yakima - WA | $353,708 | +2.0% | 33.0d |