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OLYMPIA, WA 98508

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

Market Overview

Active Listings
1
Pending
0
0% pending ratio
Median Price
$650,000
Average Price
$650,000
Days on Market
57

Market Context

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

Typical home value: $0  ·  Homeownership: 0.0%

Market Analysis

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

The OLYMPIA, WA real estate market (98508) currently shows 1 active listings. Homes are averaging 57 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 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 20.7 miles — 457 listings ($296,140,481 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 mi48$32,708,256$650,000$681,422
98503Lacey, WA 985036.5 mi65$39,112,645$501,475$601,733
98516Olympia, WA 985168.4 mi91$66,960,530$635,000$735,830
98327Dupont, WA 9832713.8 mi23$11,495,538$465,000$499,806
98351Longbranch, WA 9835114.1 mi3$6,323,949$875,000$2,107,983
98557Mccleary, WA 9855715.6 mi10$4,571,000$441,500$457,100
98388Steilacoom, WA 9838817.1 mi20$18,891,160$849,950$944,558
98584Shelton, WA 9858418.0 mi99$63,054,189$475,000$636,911
98576Rainier, WA 9857619.0 mi11$5,755,651$482,473$523,241
98559Malone, WA 9855919.2 mi1$364,900$364,900$364,900
98546Grapeview, WA 9854620.0 mi9$5,275,971$499,975$586,219
98531Centralia, WA 9853120.7 mi76$40,976,692$430,000$539,167

Frequently Asked Questions

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

As of January 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 January 2026.

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

Homes in OLYMPIA, WA 98508 spend an average of 57 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 January 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.