The Olympia housing market is very competitive. Homes in Olympia receive 2 offers on average and sell in around 24 days. The median sale price of a home in Olympia was $540K last month, up 6.9% since last year. The median sale price per square foot in Olympia is $302, up 8.2% since last year.
In October 2024, Olympia home prices were up 6.9% compared to last year, selling for a median price of $540K. On average, homes in Olympia sell after 24 days on the market compared to 17 days last year. There were 59 homes sold in October this year, up from 41 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$540,000
+6.9% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Olympia, WA
$540,000
+6.9%
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 16% higher than the national average. Overall cost of living in Olympia is 14% 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 14.5 days.
0
100
79
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 15 days.
Hot homes
can sell for about 2% 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
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
7% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Olympia has a minor risk of flooding. 720 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.
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.