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OLALLA, WA 98359

Real Estate Market Report  ·  Kitsap County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
8
⇧ 166.7% vs 3 last year
Pending
3
38% pending ratio
Median Price
$917,500
⇧ 4.4% vs $879,000 last year
Average Price
$1,054,050
⇧ 27.7% vs $825,483 last year
Days on Market
96
⇩ 32.9% vs 143 days last year

Market Context

Population: 4,889  ·  Density: 136.0/mi²  ·  Median household income: $90,858

Typical home value: $515,367  ·  Homeownership: 84.2%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The OLALLA, WA real estate market (98359) currently shows 8 active listings, with 3 pending sales. Homes are averaging 96 days on the market before going under contract.

Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice.

Homes are selling faster, averaging 96 days on market compared to 143 days last year.

The median listing price has risen 4.4% year-over-year, from $879,000 to $917,500.

Whether you are buying or selling in OLALLA, WA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 8 this year vs 3 last year
  • Days on market: 96 now vs 143 last year

Median & Average Pricing

Year over Year
  • Median: $917,500 (+4.4% YoY)
  • Average: $1,054,050 (+27.7% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 13.1 miles — 547 listings ($458,397,500 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
98359Olalla, WA 983590.0 mi8$8,432,400$917,500$1,054,050
98070Vashon, WA 980705.0 mi21$25,012,806$875,000$1,191,086
98366Port Orchard, WA 983667.4 mi89$62,531,222$577,500$702,598
98335Gig Harbor, WA 983359.3 mi79$87,744,589$934,475$1,110,691
98407Tacoma, WA 9840710.2 mi55$46,674,760$689,950$848,632
98310Bremerton, WA 9831011.1 mi46$20,912,980$428,950$454,630
98136Seattle, WA 9813611.4 mi32$27,332,736$774,950$854,148
98406Tacoma, WA 9840612.0 mi42$33,572,406$629,000$799,343
98126Seattle, WA 9812612.4 mi45$30,660,525$650,000$681,345
98403Tacoma, WA 9840312.6 mi18$13,720,230$662,450$762,235
98465Tacoma, WA 9846512.7 mi6$4,980,000$762,475$830,000
98106Seattle, WA 9810613.0 mi57$44,465,415$714,999$780,095
98422Tacoma, WA 9842213.1 mi49$52,357,431$799,925$1,068,519

Frequently Asked Questions

How many homes are for sale in OLALLA, WA 98359?

As of January 2026, there are 8 active listings in OLALLA, WA (zip code 98359), compared to 3 the prior year.

What is the median home price in OLALLA, WA 98359?

The median listing price in OLALLA, WA 98359 is $917,500 as of January 2026, a 4.4% increase from $879,000 the prior year.

How long do homes stay on the market in OLALLA, WA?

Homes in OLALLA, WA 98359 spend an average of 96 days on the market before going under contract, compared to 143 days the prior year.

Is it a seller's or buyer's market in OLALLA, WA 98359?

Based on current inventory and days-on-market data as of January 2026, OLALLA, WA 98359 is currently a Balanced Market. Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice. Homes are selling faster, averaging 96 days on market compared to 143 days last year.

How much can I save on real estate commission in OLALLA, WA?

With SELL123.com's maximum 3% commission, sellers in OLALLA, WA 98359 save an estimated $18,350 compared to a typical 5% commission on the median listing price of $917,500. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.