Housing in Olympia, WA

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$520,000

Median List Price

$527,450

Price Per Sq Ft

$280

Days on Market

76

Active Inventory

72

Months of Supply

1.9

Seller's market

Zillow Home Value

$531,886

ZHVI — January 2026

Zillow Rent Index

$1,885

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 0.5%List Price 3.6%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

24.3%

Off Market in 2 Weeks

36.2%

Sale-to-List Ratio

99.1%

Buyer's market

Sold Above Asking
24.3%
Under Contract in 2 Wks
36.2%
Listings with Price Drops
36.1%

Market Activity

Source: Redfin

Homes Sold

37

New Listings

42

Pending Sales

47

Homes Sold 42.3%New Listings 10.5%Pending 11.9%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$280

Median List $/SF

$300

Sale $/SF 3.4%List $/SF 3.1%Mar 24Jan 26

Olympia vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 50,000 - 100,000 residents. Olympia is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$457,900

Median Rent

$1,509

Total Housing Units

26,432

Vacancy Rate

4.9%

Owner Occupied

49.3%

Renter Occupied

50.7%

Median Property Tax

$4,221

per year

Monthly Cost (w/ Mortgage)

$1,816

Housing Types

Single Family
57.6%
Multi-Family
39.7%
Mobile Home
2.6%

The current median sale price in Olympia, WA is $520,000 according to Redfin data. Homes spend a median of 76 days on the market. 24.3% of homes sold above asking price. The market has 1.9 months of supply. The median price per square foot is $280. Zillow's observed rent index is $1,885/month. About 49.3% of housing units are owner-occupied. The median year homes were built is 1981. There are 26,432 total housing units.