Homes for sale under $500k in Olympia, WA

165 homes

Sort:

Price (high to low)

ABOUT THIS HOME
Homes for sale under $500k in Olympia, WA
Investor Alert: Rare Dual-Lot Opportunity! Unlock the potential of this 2 bed / 1 bath home with 2 separate parcels totaling just under ½ acre in R6-12 zoning! Located near San Fran bakery and offering a peek-a-boo view of the sound, this property is bursting with possibilities. The home features a 2-car garage AND a dedicated RV garage, and the extra lot offers flexibility for expansion, development, or garden oasis. Bonus: Sewer connection already in place between both parcels! Whether you're looking to develop multifamily housing, build a second home, or simply enjoy a generous garden space, this is the property you’ve been waiting for. Imagine the possibilities – act

$500,000

2 beds1 bath901 sq ft

1124 Pear St NE, Olympia, WA 98506

Extra lot • Sewer connection • Dedicated rv garage

Listing provided by NWMLS as Distributed by MLS Grid

ABOUT THIS HOME
Homes for sale under $500k in Olympia, WA
SOOO many options!! Remodel & love all the room OR create a duplex OR apartments OR add an ADU! Charming 1917 view home sitting on 2 city lots. You can split the lot in 2 & sell one or just keep enjoying that huge yard! Take in the views of the Sound, Downtown, Capitol Dome & Marina. Moments to shopping, I-5 for the commuter, bus stop or easily ride your bike down the hill to work or parks. Original hardwood floors were just uncovered to shine again. Great built-ins for storage, large picture windows for sunlight. Room for a HUGE garden! Sit out on your deck and take it all in. Let's make this opportunity work for yah!!

$500,000

3 beds1 bath3,352 sq ft

1115 Bigelow Ave NE, Olympia, WA 98506

Huge yard • Views of marina • Views of the sound

Listing provided by NWMLS as Distributed by MLS Grid

ABOUT THIS HOME
Homes for sale under $500k in Olympia, WA
Nothing like it! With location being everything, this rare find in West Olympia’s Burbank neighborhood blends timeless 1939 charm with smart updates. Lovingly maintained, it offers hardwood floors, fresh interior and exterior paint, and newer roofs on all three structures. The spacious 1/3-acre lot backs to Grub Community Farm, providing privacy, garden space, and visits from wildlife. Detached garage plus 28x20 shop with pass-through doors—ideal for hobbies, storage, or possible ADU. Minutes to downtown, schools, and shopping.

$500,000

2 beds1 bath888 sq ft

1912 Elliott Ave NW, Olympia, WA 98502

New exterior paint • Massive shop • 0.34 acre lot

Listing provided by NWMLS as Distributed by MLS Grid

READY TO BUILD

$499,999

2 beds2 baths1,513 sq ft

Alder II Plan, Lacey, WA 98513

Walk-in closet • Serene primary suite • Covered patio

Listing provided by Zillow

3D WALKTHROUGH

ABOUT THIS HOME
Homes for sale under $500k in Olympia, WA
Fully remodeled 3-bedroom, 2-bath home on an oversized, fully fenced double lot with double gates, offering plenty of room for RV parking, gardening, or play. Wide-plank vinyl flooring flows throughout, complementing a spa-inspired primary suite with full bath and generous closet space. The chef’s kitchen shines with stainless steel appliances, quartz countertops, and stylish two-tone cabinetry. A spacious covered front deck is perfect for year-round entertaining, while a paver patio invites cozy nights by the fire. A large detached shop and shed provide versatile storage or workspace, and private lake beach access makes every season feel like a getaway.

$499,950

3 beds2 baths1,568 sq ft

5206 81st Ave SW, Olympia, WA 98512

Rv parking • Double gates • Chef's kitchen

Listing provided by NWMLS as Distributed by MLS Grid

Property at 3005 Powder Ridge St SE, Olympia, WA 98501, 3 beds, 2.5 baths

$499,950

3 beds2.5 baths1,766 sq ft

3005 Powder Ridge St SE, Olympia, WA 98501

Listing provided by NWMLS as Distributed by MLS Grid

Property at 827 Old Pacific Hwy SE, Olympia, WA 98513, 3 beds, 2 baths

$499,950

3 beds2 baths1,940 sq ft

827 Old Pacific Hwy SE, Olympia, WA 98513

Listing provided by NWMLS as Distributed by MLS Grid

Property at 7604 Brianna Ct SE, Olympia, WA 98513, 3 beds, 2.5 baths

$499,900

3 beds2.5 baths1,574 sq ft

7604 Brianna Ct SE, Olympia, WA 98513

Listing provided by NWMLS as Distributed by MLS Grid

Property at 2501 Otis St SE, Olympia, WA 98501, 4 beds, 2.5 baths

$499,900

4 beds2.5 baths3,416 sq ft

2501 Otis St SE, Olympia, WA 98501

Listing provided by NWMLS as Distributed by MLS Grid

Property at 1822 Jonquil Ln NW, Olympia, WA 98502, 3 beds, 2 baths

$499,000

3 beds2 baths1,390 sq ft

1822 Jonquil Ln NW, Olympia, WA 98502

Listing provided by NWMLS as Distributed by MLS Grid

Property at 1709 Fern St SW, Olympia, WA 98502, 3 beds, 2.5 baths

$499,000

3 beds2.5 baths1,938 sq ft

1709 Fern St SW, Olympia, WA 98502

Listing provided by NWMLS as Distributed by MLS Grid

Property at 2304 Cooper Crest Pl NW, Olympia, WA 98502, 4 beds, 2.5 baths

$499,000

4 beds2.5 baths2,068 sq ft

2304 Cooper Crest Pl NW, Olympia, WA 98502

Listing provided by NWMLS as Distributed by MLS Grid

Property at 3037 Hampton Dr SW, Tumwater, WA 98512, 5 beds, 3 baths

$498,000

5 beds3 baths2,440 sq ft

3037 Hampton Dr SW, Tumwater, WA 98512

Listing provided by NWMLS as Distributed by MLS Grid

Property at 2316 Cooper Crest Pl NW, Olympia, WA 98502, 3 beds, 2.5 baths

$494,900

3 beds2.5 baths2,264 sq ft

2316 Cooper Crest Pl NW, Olympia, WA 98502

Listing provided by NWMLS as Distributed by MLS Grid

Property at 4538 NE 20th Way, Olympia, WA 98516, 4 beds, 2.5 baths

$492,000

4 beds2.5 baths1,746 sq ft

4538 NE 20th Way, Olympia, WA 98516

Listing provided by NWMLS as Distributed by MLS Grid

Property at 4011 San Mar Dr NE, Olympia, WA 98506, 4 beds, 2.5 baths

$490,000

4 beds2.5 baths2,127 sq ft

4011 San Mar Dr NE, Olympia, WA 98506

Listing provided by NWMLS as Distributed by MLS Grid

Property at 9828 Channel Dr NW, Olympia, WA 98502, 3 beds, 2.5 baths

$484,900

3 beds2.5 baths1,871 sq ft

9828 Channel Dr NW, Olympia, WA 98502

Listing provided by NWMLS as Distributed by MLS Grid

Property at 5645 Lento Pl SE, Olympia, WA 98513, 3 beds, 2 baths

$479,950

3 beds2 baths2,912 sq ft

5645 Lento Pl SE, Olympia, WA 98513

Listing provided by NWMLS as Distributed by MLS Grid

Property at 7524 Greenridge St SW, Olympia, WA 98512, 2 beds, 2 baths

$475,000

2 beds2 baths1,664 sq ft

7524 Greenridge St SW, Olympia, WA 98512

Listing provided by NWMLS as Distributed by MLS Grid

Property at 513 Hidden Forest Dr SE, Olympia, WA 98513, 3 beds, 2.5 baths

$475,000

3 beds2.5 baths1,812 sq ft

513 Hidden Forest Dr SE, Olympia, WA 98513

Listing provided by NWMLS as Distributed by MLS Grid

Property at 934 Gregory Way SE, Olympia, WA 98513, 3 beds, 2 baths

$475,000

3 beds2 baths1,332 sq ft

934 Gregory Way SE, Olympia, WA 98513

Listing provided by NWMLS as Distributed by MLS Grid

Property at 5230 Puget Rd NE, Olympia, WA 98516, 3 beds, 1 bath

$475,000

3 beds1 bath1,276 sq ft

5230 Puget Rd NE, Olympia, WA 98516

Listing provided by NWMLS as Distributed by MLS Grid

Property at 4704 Cole Ct SE, Olympia, WA 98501, 3 beds, 2 baths

$474,900

3 beds2 baths1,443 sq ft

4704 Cole Ct SE, Olympia, WA 98501

Listing provided by NWMLS as Distributed by MLS Grid

Property at 8311 Hawksridge Dr SE, Olympia, WA 98513, 3 beds, 2 baths

$469,900

3 beds2 baths1,374 sq ft

8311 Hawksridge Dr SE, Olympia, WA 98513

Listing provided by NWMLS as Distributed by MLS Grid

Property at 3710 Mapleview Dr NE, Olympia, WA 98506, 3 beds, 2.5 baths

$469,900

3 beds2.5 baths1,309 sq ft

3710 Mapleview Dr NE, Olympia, WA 98506

Listing provided by NWMLS as Distributed by MLS Grid

Property at 4716 Stratford Ln SE, Olympia, WA 98501, 3 beds, 2 baths

$469,900

3 beds2 baths1,475 sq ft

4716 Stratford Ln SE, Olympia, WA 98501

Listing provided by NWMLS as Distributed by MLS Grid

Property at 8125 Trimble Ln, Tumwater, WA 98501, 3 beds, 2.5 baths

$469,000

3 beds2.5 baths1,780 sq ft

8125 Trimble Ln, Tumwater, WA 98501

Listing provided by NWMLS as Distributed by MLS Grid

Property at 9326 Northwood Dr SE, Olympia, WA 98513, 3 beds, 3 baths

$465,000

3 beds3 baths1,908 sq ft

9326 Northwood Dr SE, Olympia, WA 98513

Listing provided by NWMLS as Distributed by MLS Grid

Property at 3509 Hawthorne Pl SE, Tumwater, WA 98501, 3 beds, 2 baths

$465,000

3 beds2 baths1,375 sq ft

3509 Hawthorne Pl SE, Tumwater, WA 98501

Listing provided by NWMLS as Distributed by MLS Grid

Property at 9115 Cherie Dr SE, Olympia, WA 98513, 3 beds, 2 baths

$465,000

3 beds2 baths1,620 sq ft

9115 Cherie Dr SE, Olympia, WA 98513

Listing provided by NWMLS as Distributed by MLS Grid

Property at 3925 Hyde Loop NE #131, Olympia, WA 98506, 3 beds, 2 baths

$464,995

3 beds2 baths1,419 sq ft

3925 Hyde Loop NE #131, Olympia, WA 98506

Listing provided by Zillow

Property at 3929 Hyde Loop NE #130, Olympia, WA 98506, 3 beds, 2 baths

$464,995

3 beds2 baths1,419 sq ft

3929 Hyde Loop NE #130, Olympia, WA 98506

Listing provided by NWMLS as Distributed by MLS Grid

Property at 3911 Hyde Loop NE #135, Olympia, WA 98506, 3 beds, 2 baths

$464,995

3 beds2 baths1,419 sq ft

3911 Hyde Loop NE #135, Olympia, WA 98506

Listing provided by NWMLS as Distributed by MLS Grid

Property at Birch Plan, Olympia, WA 98506, 3 beds, 2 baths

$459,995

3 beds2 baths1,419 sq ft

Birch Plan, Olympia, WA 98506

Listing provided by Zillow

Property at 3915 Hyde Loop NE #134, Olympia, WA 98506, 3 beds, 2 baths

$459,995

3 beds2 baths1,419 sq ft

3915 Hyde Loop NE #134, Olympia, WA 98506

Listing provided by Zillow

Property at 2403 Trailside Dr NE #134, Olympia, WA 98506, 3 beds, 2 baths

$459,995

3 beds2 baths1,419 sq ft

2403 Trailside Dr NE #134, Olympia, WA 98506

Listing provided by NWMLS as Distributed by MLS Grid

Property at 2427 Boulevard Heights Loop SE, Olympia, WA 98501, 3 beds, 2 baths

$459,990

3 beds2 baths1,476 sq ft

2427 Boulevard Heights Loop SE, Olympia, WA 98501

Listing provided by NWMLS as Distributed by MLS Grid

Property at 2221 15th Ave SE, Olympia, WA 98501, 4 beds, 2 baths

$459,900

4 beds2 baths1,440 sq ft

2221 15th Ave SE, Olympia, WA 98501

Listing provided by NWMLS as Distributed by MLS Grid

Property at 7317 Fairoaks Rd SE, Olympia, WA 98513, 3 beds, 2 baths

$459,000

3 beds2 baths1,248 sq ft

7317 Fairoaks Rd SE, Olympia, WA 98513

Listing provided by NWMLS as Distributed by MLS Grid

Property at 828 Gregory Way SE, Olympia, WA 98513, 3 beds, 2 baths

$457,950

3 beds2 baths1,310 sq ft

828 Gregory Way SE, Olympia, WA 98513

Listing provided by NWMLS as Distributed by MLS Grid

Property at 7511 Kittiwake Dr SE, Olympia, WA 98513, 2 beds, 2 baths

$455,000

2 beds2 baths1,300 sq ft

7511 Kittiwake Dr SE, Olympia, WA 98513

Listing provided by NWMLS as Distributed by MLS Grid

Viewing page 1 of 5

Based on information submitted to the MLS GRID as of Mon Dec 01 2025. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

Homes for sale under $500k in Olympia

There are currently 165 homes for sale under $500k in Olympia. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most homes for sale in Olympia stay on the market for 48 days and receive 1 offers. Popular neighborhoods include Tumwater Hill, Littlerock, North East Olympia, Central Lacey, and Northwest Olympia. This map is refreshed with the newest listings in Olympia every 15 minutes.

In the past month, 61 homes have been sold in Olympia. In addition to houses in Olympia, there were also 14 condos, 5 townhouses, and 11 multi-family units for sale in Olympia last month. Olympia is a minimally walkable city in Washington with a Walk Score of 39. Olympia is home to approximately 46,428 people and 49,416 jobs. Find your dream home in Olympia using the tools above. Use filters to narrow your search by price, square feet, beds, and baths to find homes that fit your criteria. Our top-rated real estate agents in Olympia are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in Olympia. Our Olympia real estate stats and trends will give you more information about home buying and selling trends in Olympia. If you're looking to sell your home in the Olympia area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in Olympia with industry-leading technology, full-service agents, and lower fees that provide a better value for Redfin buyers and sellers.

More real estate resources for Olympia, WA

More to explore in Olympia, WA

Featured
Price

How to buy a house in Olympia, WA

How much house can I afford?

How to buy a house in 10 steps

First-time homebuyer's guide

See more home buying guides

Popular Markets in Washington

Download the Redfin App on the Apple App Store

Download the Redfin App from the Google Play Store

Join us

Become an Agent

Get referrals

Careers

Find homes faster

About us

Why Redfin?

Community Impact

Diversity & Inclusion

Find us

Subsidiaries

Affiliated Business

Countries

United States

Canada

Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.

Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.

Homes for sale under $500k in Olympia, WA

Homes for sale under $500k in Olympia

More real estate resources for Olympia, WA

Neighborhoods

Zip Codes

Nearby Cities

More to explore in Olympia, WA

How to buy a house in Olympia, WA

Popular Markets in Washington