Metropolitan market · Washington · June 2026 data

Olympia Real Estate Market

As of June 2026, the median home listed in Olympia, WA asks $572,413 — down 1.3% year over year. Homes sell in a median of 39 days, with 918 active listings and 23% carrying a price cut — a seller-leaning market. Figures come from public records and industry data, updated monthly.

Median listing price
$572,413
▼ 1.3% YoY
Median $ / sq ft
$298
2,041 sq ft median
Median days on market
39
June 2026
Active listings
918
For sale now
New listings
476
June 2026
Listings with price cuts
23%
Share of active
Median sale price (closed)
$535,000
▼ 1.7% YoY · closed sales
Sale-to-list ratio
100.3%
Closed sales
Homes sold / month
329
Closed sales

Olympia housing market statistics

The table summarizes Olympia's key housing figures for June 2026 — median listing and closed-sale prices, market pace, inventory and rental yield — each computed from public records and industry data.

Olympia, WA housing market at a glance — June 2026
MetricLatestDetail
Median listing price$572,413-1.3% YoY
Median price per sq ft$2982,041 sq ft median
Median days on market39+4% YoY
Active listings918+31% YoY
New listings this month476June 2026
Listings with a price cut23%Share of active
Median sale price (closed)$535,000-1.7% YoY
Sale-to-list ratio100.3%Closed sales
Gross rental yield4.1%2BR fair market rent

How have home prices changed in Olympia?

Olympia home prices are down 1.3% year over year and +0.4% month over month as of June 2026, at a $572,413 median listing price. The chart tracks the trailing eight-quarter trend in the metro's median asking price.

$600K$590K$581K$571K Q3'24Q4'24Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26

Median listing price, Olympia WA · trailing 8 quarters · source: public records and industry data.

The 10-year view
$595K$531K$467K$402K '17'18'19'20'21'22'23'24'25'26

10-year median listing price, Olympia WA · June of each year, 2017–2026 · source: public records and industry data.

How much inventory is on the market in Olympia?

Olympia has 918 active listings, 476 new this month, 488 pending as of June 2026. About 23% of active listings have cut their price, and inventory sits at 173% of its 2019 level — a seller-leaning market by pace.

Active listings
918
New this month
476
Pending
488
Price-reduced
209

Is Olympia a good real estate investment?

Olympia scores 42/100 on WealthyBud's composite Investor Score, ranking #627 of 932 covered U.S. metros as of June 2026. The score blends price momentum, value, rental yield, supply and market heat into one percentile. It is a research opinion, not advice.

Investor Score
42/100
#627 of 932 covered metros
12-month outlook
-4.5%
▼ Cooling · model output, not advice
Price volatility
High
σ 7.3% · 20-yr price-index swings
Momentum
34
Value
44
Rental yield
58
Supply risk
94
Market heat
81

Olympia scores 42/100 on our composite Investor Score (#627 of 932 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; the metro's long-run house price index has it up 40% over five years and +120% over ten, leaving prices 48% above its own 2000–2019 trend; at the published FY2026 fair market rent of $1,960/mo for a two-bedroom, the gross rental yield on the median listing is about 4.1%; active inventory sits at 173% of its June 2019 level, so supply is fully rebuilt past pre-pandemic norms; listing prices are down 1.3% year over year; all against a national 30-year fixed mortgage rate of 6.43% (national weekly average, 2026-07-02).

Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how Olympia ranks on the trending markets index.

How much is a monthly mortgage payment in Olympia?

A home at Olympia's $572,413 median listing runs about $2,873 a month in principal and interest — 20% down on a 30-year fixed loan at the current 6.43% national average rate. Taxes, insurance and HOA are extra.

If rates fall 1% · 5.43%
$2,580/mo
−$293/mo vs today
At today's rate · 6.43%
$2,873/mo
National weekly average
If rates rise 1% · 7.43%
$3,180/mo
+$307/mo vs today

Principal & interest on the $572,413 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 6.43% (national weekly average, 2026-07-02). Model a full deal in the deal analyzer.

What is driving the Olympia housing market?

Longer-run demand in Olympia shows up in 1,669 homes permitted in 2025; net migration of +1,600 residents; -0.5% job growth. Natural-hazard risk rates Relatively High. These federal supply-pipeline, migration and jobs signals shape where prices head next.

Building permits (2025)
1,669
▲ 36.6% vs 2024
5.6 per 1,000 residents
Net migration (2022–2023)
+1,600
▲ people, via tax-return records
net income flow +$82.0M/yr
Job growth (YoY)
-0.5%
▼ 133.1k nonfarm jobs · May 2026
Natural-hazard risk
Relatively High
National hazard index · top hazard: Earthquake

Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.

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Olympia housing market FAQ

What is the median home price in Olympia?
As of June 2026, the median listing price in Olympia, WA is $572,413, down 1.3% year over year (source: public records and industry data). Figures cover the Olympia-Lacey-Tumwater, WA metro area.
How much does it cost to buy a home in Olympia?
The median home listed in Olympia asks $572,413 as of June 2026. With 20% down on a 30-year fixed loan at the current 6.43% national average rate, that runs about $2,873 a month in principal and interest, before taxes, insurance and HOA.
How fast are homes selling in Olympia?
The median property in Olympia spends 39 days on the market, with 918 homes actively listed and 23% of them carrying a price cut — a seller-leaning market by pace as of June 2026.
Is it a buyer's or seller's market in Olympia?
With a median 39 days on market and 23% of active listings carrying a price cut, Olympia reads as a seller-leaning market as of June 2026. Faster sales and fewer price cuts favor sellers; slower sales and more cuts favor buyers. Conditions shift monthly.
Is Olympia a good place to invest in real estate?
Olympia scores 42/100 on WealthyBud's Investor Score, ranking #627 of 932 covered U.S. metros as of June 2026. The score blends price momentum, value, rental yield, supply and market heat. It is a data-derived research opinion, not investment advice.
Who are the top real estate agents in Olympia?
See WealthyBud directories for the top-producing agents, teams and brokerages serving Olympia and the wider Washington market, ranked by recent sales from public profile data.
Based on public records and industry data, June 2026 — see our methodology for how every figure is computed. Figures cover the Olympia-Lacey-Tumwater, WA metro area. Figures change monthly — verify current conditions with a local agent or MLS. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.

More Washington housing markets

Priya Nandakumar Housing Economist

Priya Nandakumar is a housing economist who tracks national and regional housing-supply trends, mortgage rates and affordability using public Census and housing-starts data. She translates federal housing releases into metro-level takeaways for buyers and investors.