Olympia, WA Housing Market

Market data powered by Zillow Research. Last updated: 2026-04-02

Olympia, WA offers balanced conditions for buyers.

  • •Prices are essentially flat (0.3% YoY) — good negotiating leverage for buyers.
  • •Price-to-rent ratio: 21.9 — renting may be more affordable in the near term.

Median Home Value

$523,540

ZHVI

Year-over-Year

+0.3%

Price change

5-Year Change

+25.9%

Since 2021

Median Rent

$1,993/mo

ZORI

Active Listings

702

For sale

State Avg

$592,562

Washington

Home Value Trends

5-year Zillow Home Value Index for Olympia, WA vs. state and national averages.

Rent Data

Median Rent

$1,993/mo

Rent YoY Change

+4%

Rent vs. Buy Calculator

Other Markets in Washington

Seattle, WA$740,211Oak Harbor, WA$625,201Bellingham, WA$606,918Mount Vernon, WA$574,105Bremerton, WA$573,885Wenatchee, WA$511,441
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Market data provided by Zillow Research. Zillow Home Value Index (ZHVI) and Zillow Observed Rent Index (ZORI) are trademarks of Zillow, Inc.