The Olympia housing market is very competitive. Homes in Olympia receive 2 offers on average and sell in around 13 days. The median sale price of a home in Olympia was $512K last month, down 1.9% since last year. The median sale price per square foot in Olympia is $302, up 1.7% since last year.
In April 2024, Olympia home prices were down 1.9% compared to last year, selling for a median price of $512K. On average, homes in Olympia sell after 13 days on the market compared to 8 days last year. There were 45 homes sold in April this year, down from 48 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$512,400
-1.9% YoY | Apr 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
Olympia, WA
$512,400
-1.9%
United States
To compare other locations to the Olympia and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Olympia's median sale price is 26% higher than the national average. Overall cost of living in Olympia is 15% higher than the national average. Learn which home features in Olympia add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Olympia housing market?
Olympia is very competitive. Homes sell in 6 days.
0
100
86
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for around list price and go pending in around 6 days.
Hot homes
can sell for about 3% above list price and go pending in around 4 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Home offer insights for Olympia
Explore recent offers and recently sold homes in Olympia
Recent offers
Offer Not Accepted|
7 Weeks Ago
~$600K Offer
Sold for $600K
4bd | 1.5ba | ~2,000sqft
Over List Price
3%
Days on Market
5
Competing Offers
—
Down Payment
<10%
Jessica Kammeyer
Olympia Redfin Agent
Buyers made a strong offer well over asking plus an even higher escalation, short pass/fail inspection.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Olympia housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Olympia.
Risk Factor
Flood Factor - Minor
7% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Olympia has a minor risk of flooding. 756 properties in Olympia are likely to be
severely affected
by flooding over the next 30 years. This represents 7% of all properties in Olympia. Flood risk is increasing slower than the national average.
41% of properties are at risk of wildfire over the next 30 years
Fire Factor
Olympia has a moderate risk of wildfire. There are 7,682 properties in Olympia that have some risk of being affected by wildfire over the next 30 years. This represents 41% of all properties in Olympia.