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OLYMPIA, WA 98508

Real Estate Market Report  ·  Thurston County
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The OLYMPIA, WA real estate market (98508) currently shows 1 active listings. Homes are averaging 89 days on the market before going under contract.

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.

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Market Context

Market Context

Population: 0  ·  Density: 0.0/mi²  ·  Median household income: $0

Typical home value: $0  ·  Homeownership: 0.0%

Market Overview

Active Listings
1
Pending
0
0% pending ratio
Median Price
$650,000
Average Price
$650,000
Days on Market
89

Market Trends

Inventory & Days on Market

Year over Year

Median & Average Pricing

Year over Year

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
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 20.8 miles — 538 listings ($390,142,086 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
98508Olympia, WA 985080.0 mi1$650,000$650,000$650,000
98506Olympia, WA 985065.5 mi52$33,904,104$676,699$652,002
98503Lacey, WA 985036.5 mi66$33,701,052$511,249$510,622
98516Olympia, WA 985168.4 mi99$71,395,038$608,075$721,162
98327Dupont, WA 9832713.8 mi27$13,654,170$535,985$505,710
98351Longbranch, WA 9835114.1 mi7$10,604,650$875,000$1,514,950
98557Mccleary, WA 9855715.6 mi12$5,343,300$433,725$445,275
98388Steilacoom, WA 9838817.1 mi25$25,447,575$869,213$1,017,903
98584Shelton, WA 9858418.0 mi104$63,256,544$450,000$608,236
98576Rainier, WA 9857619.0 mi13$6,669,195$491,246$513,015
98498Lakewood, WA 9849819.7 mi81$56,584,008$562,413$698,568
98333Fox Island, WA 9833320.7 mi17$29,405,988$1,247,000$1,729,764
98580Roy, WA 9858020.8 mi34$39,526,462$706,000$1,162,543

Frequently Asked Questions

How many homes are for sale in OLYMPIA, WA 98508?

As of March 2026, there are 1 active listings in OLYMPIA, WA (zip code 98508).

What is the median home price in OLYMPIA, WA 98508?

The median listing price in OLYMPIA, WA 98508 is $650,000 as of March 2026.

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

Homes in OLYMPIA, WA 98508 spend an average of 89 days on the market before going under contract.

Is it a seller's or buyer's market in OLYMPIA, WA 98508?

Based on current inventory and days-on-market data as of March 2026, OLYMPIA, WA 98508 is currently a Balanced Market.

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

With SELL123.com's maximum 3% commission, sellers in OLYMPIA, WA 98508 save an estimated $13,000 compared to a typical 5% commission on the median listing price of $650,000. 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.