Active Listings
178
⇧ 63.3% vs 109 last year
Edgewater · Hawks Prairie (Johnson Point) · Lexington
Data as of September 2026. Source: Realtor.com.
The OLYMPIA, WA real estate market (98516) currently shows 178 active listings, with 33 pending sales. Homes are averaging 55 days on the market before going under contract.
Inventory has increased compared to last year, with 69 more homes available — giving buyers more choice.
Homes are selling faster, averaging 55 days on market compared to 57 days last year.
The median listing price has fallen 2.3% year-over-year, from $636,000 to $621,475.
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 September 2026, there are 178 active listings in OLYMPIA, WA (zip code 98516), compared to 109 the prior year.
The median listing price in OLYMPIA, WA 98516 is $621,475 as of September 2026, a 2.3% decrease from $636,000 the prior year.
Homes in OLYMPIA, WA 98516 spend an average of 55 days on the market before going under contract, compared to 57 days the prior year.
Based on current inventory and days-on-market data as of September 2026, OLYMPIA, WA 98516 is currently a Balanced Market. Inventory has increased compared to last year, with 69 more homes available — giving buyers more choice. Homes are selling faster, averaging 55 days on market compared to 57 days last year.
With SELL123.com's maximum 3% commission, sellers in OLYMPIA, WA 98516 save an estimated $12,430 compared to a typical 5% commission on the median listing price of $621,475. 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.