The Olympia housing market is very competitive. Homes in Olympia receive 2 offers on average and sell in around 15 days. The median sale price of a home in Olympia was $515K last month, down 8.0% since last year. The median sale price per square foot in Olympia is $316, up 8.0% since last year.
In July 2025, Olympia home prices were down 8.0% compared to last year, selling for a median price of $515K. On average, homes in Olympia sell after 15 days on the market compared to 16 days last year. There were 61 homes sold in July this year, up from 55 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$515,000
-8.0% YoY | Jul 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jul 2025
Growth
% YoY
Olympia, WA
$515,000
-8.0%
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 20% higher than the national average. Overall cost of living in Olympia is 12% higher than the national average. Learn which home features in Olympia add value to a home.
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How hot is the Olympia housing market?
Olympia is very competitive. Homes sell in 10 days.
0
100
84
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 about 1% below list price and go pending in around 10 days.
Hot homes
can sell for about 1% 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|
9 Weeks Ago
~$700K Offer
Sold for $700K
4bd | 2.25ba | ~2,000sqft
Over List Price
0%
Days on Market
6
Competing Offers
1
Down Payment
—
Sheryl Wingate
Olympia Redfin Agent
View houses in Olympia that sold recently
Recently sold homes
SOLD SEP 12, 2025
$495,000 Last Sold Price
3 beds
2.5 baths
2,022 sq ft
1328 Hensley St NE, Olympia, WA 98516
Arnold Dizon • Skyline Properties, Inc. Berkshire Hathaway HS NW
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.
Flood Factor - Minor
6% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Olympia has a minor risk of flooding. 620 properties in Olympia are likely to be
severely affected
by flooding over the next 30 years. This represents 6% of all properties in Olympia. Flood risk is increasing slower than the national average.
40% of properties are at risk of wildfire over the next 30 years
Fire Factor
Olympia has a moderate risk of wildfire. There are 7,319 properties in Olympia that have some risk of being affected by wildfire over the next 30 years. This represents 40% of all properties in Olympia.