Active Listings
165
⇧ 44.7% vs 114 last year
Edgewater · Hawks Prairie (Johnson Point) · Lexington
Data as of July 2026. Source: Realtor.com.
The OLYMPIA, WA real estate market (98516) currently shows 165 active listings, with 50 pending sales. Homes are averaging 38 days on the market before going under contract.
Inventory has increased compared to last year, with 51 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 38 days on market compared to 36 days last year.
The median listing price has risen 1.6% year-over-year, from $612,000 to $621,950.
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: 27,212 · Density: 364.5/mi² · Median household income: $89,378
Typical home value: $474,464 · Homeownership: 70.5%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 98516 | Olympia, WA 98516 | 0.0 mi | 99 | $71,395,038 | $608,075 | $721,162 |
| 98503 | Lacey, WA 98503 | 5.0 mi | 66 | $33,701,052 | $511,249 | $510,622 |
| 98327 | Dupont, WA 98327 | 5.8 mi | 27 | $13,654,170 | $535,985 | $505,710 |
| 98513 | Olympia, WA 98513 | 7.7 mi | 127 | $61,537,469 | $479,875 | $484,547 |
| 98388 | Steilacoom, WA 98388 | 9.0 mi | 25 | $25,447,575 | $869,213 | $1,017,903 |
| 98498 | Lakewood, WA 98498 | 11.4 mi | 81 | $56,584,008 | $562,413 | $698,568 |
| 98349 | Lakebay, WA 98349 | 11.7 mi | 27 | $25,785,351 | $590,500 | $955,013 |
| 98467 | University Place, WA 98467 | 13.4 mi | 32 | $22,083,520 | $701,246 | $690,110 |
| 98466 | Tacoma, WA 98466 | 14.8 mi | 45 | $29,682,225 | $628,475 | $659,605 |
| 98558 | Mckenna, WA 98558 | 15.3 mi | 3 | $1,616,175 | $538,725 | $538,725 |
| 98512 | Olympia, WA 98512 | 15.8 mi | 66 | $41,678,076 | $603,000 | $631,486 |
| 98335 | Gig Harbor, WA 98335 | 16.0 mi | 81 | $88,970,238 | $887,000 | $1,098,398 |
| 98409 | Tacoma, WA 98409 | 16.2 mi | 54 | $28,365,390 | $399,962 | $525,285 |
As of July 2026, there are 165 active listings in OLYMPIA, WA (zip code 98516), compared to 114 the prior year.
The median listing price in OLYMPIA, WA 98516 is $621,950 as of July 2026, a 1.6% increase from $612,000 the prior year.
Homes in OLYMPIA, WA 98516 spend an average of 38 days on the market before going under contract, compared to 36 days the prior year.
Based on current inventory and days-on-market data as of July 2026, OLYMPIA, WA 98516 is currently a Buyer's Market. Inventory has increased compared to last year, with 51 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 38 days on market compared to 36 days last year.
With SELL123.com's maximum 3% commission, sellers in OLYMPIA, WA 98516 save an estimated $12,439 compared to a typical 5% commission on the median listing price of $621,950. 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.