Active Listings
99
⇧ 47.8% vs 67 last year
Edgewater · Hawks Prairie (Johnson Point) · Lexington
Data as of February 2026. Source: Realtor.com.
The OLYMPIA, WA real estate market (98516) currently shows 99 active listings, with 34 pending sales. Homes are averaging 47 days on the market before going under contract.
Inventory has increased compared to last year, with 32 more homes available — giving buyers more choice.
Homes are selling faster, averaging 47 days on market compared to 50 days last year.
The median listing price has fallen 4% year-over-year, from $633,740 to $608,075.
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: 27,212 · Density: 364.5/mi² · Median household income: $89,378
Typical home value: $474,464 · Homeownership: 70.5%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 98516 | Olympia, WA 98516 | 0.0 mi | 91 | $66,960,530 | $635,000 | $735,830 |
| 98503 | Lacey, WA 98503 | 5.0 mi | 65 | $39,112,645 | $501,475 | $601,733 |
| 98327 | Dupont, WA 98327 | 5.8 mi | 23 | $11,495,538 | $465,000 | $499,806 |
| 98513 | Olympia, WA 98513 | 7.7 mi | 119 | $63,387,849 | $474,950 | $532,671 |
| 98388 | Steilacoom, WA 98388 | 9.0 mi | 20 | $18,891,160 | $849,950 | $944,558 |
| 98498 | Lakewood, WA 98498 | 11.4 mi | 80 | $55,704,560 | $559,900 | $696,307 |
| 98349 | Lakebay, WA 98349 | 11.7 mi | 28 | $28,446,852 | $637,000 | $1,015,959 |
| 98467 | University Place, WA 98467 | 13.4 mi | 32 | $22,176,864 | $699,000 | $693,027 |
| 98466 | Tacoma, WA 98466 | 14.8 mi | 45 | $26,357,760 | $569,950 | $585,728 |
| 98558 | Mckenna, WA 98558 | 15.3 mi | 1 | $495,000 | $495,000 | $495,000 |
| 98512 | Olympia, WA 98512 | 15.8 mi | 80 | $56,972,240 | $630,975 | $712,153 |
| 98335 | Gig Harbor, WA 98335 | 16.0 mi | 79 | $87,744,589 | $934,475 | $1,110,691 |
| 98409 | Tacoma, WA 98409 | 16.2 mi | 47 | $25,522,222 | $415,000 | $543,026 |
As of February 2026, there are 99 active listings in OLYMPIA, WA (zip code 98516), compared to 67 the prior year.
The median listing price in OLYMPIA, WA 98516 is $608,075 as of February 2026, a 4% decrease from $633,740 the prior year.
Homes in OLYMPIA, WA 98516 spend an average of 47 days on the market before going under contract, compared to 50 days the prior year.
Based on current inventory and days-on-market data as of February 2026, OLYMPIA, WA 98516 is currently a Balanced Market. Inventory has increased compared to last year, with 32 more homes available — giving buyers more choice. Homes are selling faster, averaging 47 days on market compared to 50 days last year.
With SELL123.com's maximum 3% commission, sellers in OLYMPIA, WA 98516 save an estimated $12,162 compared to a typical 5% commission on the median listing price of $608,075. 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.