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Data as of April 2026. Source: Realtor.com.
The OLYMPIA, WA real estate market (98506) currently shows 61 active listings, with 32 pending sales. Homes are averaging 41 days on the market before going under contract.
Inventory has tightened compared to last year, with 43 fewer active listings — creating more competition among buyers.
The median listing price has risen 15.3% year-over-year, from $601,241 to $693,250.
Whether you are buying or selling in OLYMPIA, 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.
Population: 18,968 · Density: 326.3/mi² · Median household income: $88,512
Typical home value: $409,194 · Homeownership: 67.4%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 98506 | Olympia, WA 98506 | 0.0 mi | 52 | $33,904,104 | $676,699 | $652,002 |
| 98508 | Olympia, WA 98508 | 5.5 mi | 1 | $650,000 | $650,000 | $650,000 |
| 98502 | Olympia, WA 98502 | 7.5 mi | 106 | $75,203,290 | $644,955 | $709,465 |
| 98501 | Olympia, WA 98501 | 8.6 mi | 128 | $82,472,064 | $637,450 | $644,313 |
| 98327 | Dupont, WA 98327 | 10.0 mi | 27 | $13,654,170 | $535,985 | $505,710 |
| 98388 | Steilacoom, WA 98388 | 11.9 mi | 25 | $25,447,575 | $869,213 | $1,017,903 |
| 98512 | Olympia, WA 98512 | 13.1 mi | 66 | $41,678,076 | $603,000 | $631,486 |
| 98333 | Fox Island, WA 98333 | 15.3 mi | 17 | $29,405,988 | $1,247,000 | $1,729,764 |
| 98394 | Vaughn, WA 98394 | 15.7 mi | 3 | $4,280,001 | $1,256,000 | $1,426,667 |
| 98467 | University Place, WA 98467 | 16.9 mi | 32 | $22,083,520 | $701,246 | $690,110 |
| 98335 | Gig Harbor, WA 98335 | 18.0 mi | 81 | $88,970,238 | $887,000 | $1,098,398 |
| 98589 | Tenino, WA 98589 | 18.2 mi | 23 | $15,675,351 | $661,975 | $681,537 |
| 98592 | Union, WA 98592 | 18.4 mi | 22 | $13,592,942 | $588,375 | $617,861 |
As of April 2026, there are 61 active listings in OLYMPIA, WA (zip code 98506), compared to 104 the prior year.
The median listing price in OLYMPIA, WA 98506 is $693,250 as of April 2026, a 15.3% increase from $601,241 the prior year.
Homes in OLYMPIA, WA 98506 spend an average of 41 days on the market before going under contract, compared to 41 days the prior year.
Based on current inventory and days-on-market data as of April 2026, OLYMPIA, WA 98506 is currently a Balanced Market. Inventory has tightened compared to last year, with 43 fewer active listings — creating more competition among buyers.
With SELL123.com's maximum 3% commission, sellers in OLYMPIA, WA 98506 save an estimated $13,865 compared to a typical 5% commission on the median listing price of $693,250. 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.