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Data as of February 2026. Source: Realtor.com.
The OLYMPIA, WA real estate market (98506) currently shows 52 active listings, with 28 pending sales. Homes are averaging 37 days on the market before going under contract.
Inventory has tightened compared to last year, with 20 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 37 days on market compared to 23 days last year.
The median listing price has risen 11.6% year-over-year, from $606,245 to $676,699.
Whether you are buying or selling in OLYMPIA, WA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
Population: 18,968 · Density: 326.3/mi² · Median household income: $88,512
Typical home value: $409,194 · Homeownership: 67.4%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 98506 | Olympia, WA 98506 | 0.0 mi | 48 | $32,708,256 | $650,000 | $681,422 |
| 98508 | Olympia, WA 98508 | 5.5 mi | 1 | $650,000 | $650,000 | $650,000 |
| 98502 | Olympia, WA 98502 | 7.5 mi | 101 | $72,825,141 | $648,205 | $721,041 |
| 98501 | Olympia, WA 98501 | 8.6 mi | 115 | $71,795,075 | $619,950 | $624,305 |
| 98327 | Dupont, WA 98327 | 10.0 mi | 23 | $11,495,538 | $465,000 | $499,806 |
| 98388 | Steilacoom, WA 98388 | 11.9 mi | 20 | $18,891,160 | $849,950 | $944,558 |
| 98512 | Olympia, WA 98512 | 13.1 mi | 80 | $56,972,240 | $630,975 | $712,153 |
| 98333 | Fox Island, WA 98333 | 15.3 mi | 12 | $20,002,368 | $1,187,000 | $1,666,864 |
| 98394 | Vaughn, WA 98394 | 15.7 mi | 4 | $4,823,000 | $948,250 | $1,205,750 |
| 98467 | University Place, WA 98467 | 16.9 mi | 32 | $22,176,864 | $699,000 | $693,027 |
| 98335 | Gig Harbor, WA 98335 | 18.0 mi | 79 | $87,744,589 | $934,475 | $1,110,691 |
| 98589 | Tenino, WA 98589 | 18.2 mi | 22 | $15,274,248 | $649,000 | $694,284 |
| 98592 | Union, WA 98592 | 18.4 mi | 17 | $9,681,432 | $554,475 | $569,496 |
As of February 2026, there are 52 active listings in OLYMPIA, WA (zip code 98506), compared to 72 the prior year.
The median listing price in OLYMPIA, WA 98506 is $676,699 as of February 2026, a 11.6% increase from $606,245 the prior year.
Homes in OLYMPIA, WA 98506 spend an average of 37 days on the market before going under contract, compared to 23 days the prior year.
Based on current inventory and days-on-market data as of February 2026, OLYMPIA, WA 98506 is currently a Balanced Market. Inventory has tightened compared to last year, with 20 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 37 days on market compared to 23 days last year.
With SELL123.com's maximum 3% commission, sellers in OLYMPIA, WA 98506 save an estimated $13,534 compared to a typical 5% commission on the median listing price of $676,699. 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.