Active Listings
91
⇧ 44.4% vs 63 last year
Population: 27,212 · Density: 364.5/mi² · Median household income: $89,378
Typical home value: $474,464 · Homeownership: 70.5%
Data as of January 2026. Source: Realtor.com.
The OLYMPIA, WA real estate market (98516) currently shows 91 active listings, with 31 pending sales. Homes are averaging 72 days on the market before going under contract.
Inventory has increased compared to last year, with 28 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 72 days on market compared to 53 days last year.
The median listing price has fallen 8.7% year-over-year, from $695,250 to $635,000.
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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 98516 | Olympia, WA 98516 | 0.0 mi | 91 | $66,960,530 | $635,000 | $735,830 |
| 98503 | Lacey, WA 98503 | 5.0 mi | 65 | $39,112,645 | $501,475 | $601,733 |
| 98327 | Dupont, WA 98327 | 5.8 mi | 23 | $11,495,538 | $465,000 | $499,806 |
| 98513 | Olympia, WA 98513 | 7.7 mi | 119 | $63,387,849 | $474,950 | $532,671 |
| 98388 | Steilacoom, WA 98388 | 9.0 mi | 20 | $18,891,160 | $849,950 | $944,558 |
| 98498 | Lakewood, WA 98498 | 11.4 mi | 80 | $55,704,560 | $559,900 | $696,307 |
| 98349 | Lakebay, WA 98349 | 11.7 mi | 28 | $28,446,852 | $637,000 | $1,015,959 |
| 98467 | University Place, WA 98467 | 13.4 mi | 32 | $22,176,864 | $699,000 | $693,027 |
| 98466 | Tacoma, WA 98466 | 14.8 mi | 45 | $26,357,760 | $569,950 | $585,728 |
| 98558 | Mckenna, WA 98558 | 15.3 mi | 1 | $495,000 | $495,000 | $495,000 |
| 98512 | Olympia, WA 98512 | 15.8 mi | 80 | $56,972,240 | $630,975 | $712,153 |
| 98335 | Gig Harbor, WA 98335 | 16.0 mi | 79 | $87,744,589 | $934,475 | $1,110,691 |
| 98409 | Tacoma, WA 98409 | 16.2 mi | 47 | $25,522,222 | $415,000 | $543,026 |
As of January 2026, there are 91 active listings in OLYMPIA, WA (zip code 98516), compared to 63 the prior year.
The median listing price in OLYMPIA, WA 98516 is $635,000 as of January 2026, a 8.7% decrease from $695,250 the prior year.
Homes in OLYMPIA, WA 98516 spend an average of 72 days on the market before going under contract, compared to 53 days the prior year.
Based on current inventory and days-on-market data as of January 2026, OLYMPIA, WA 98516 is currently a Buyer's Market. Inventory has increased compared to last year, with 28 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 72 days on market compared to 53 days last year.
With SELL123.com's maximum 3% commission, sellers in OLYMPIA, WA 98516 save an estimated $12,700 compared to a typical 5% commission on the median listing price of $635,000. 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.