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Area data

Olympia, WA — ZIP 98501

Population: 48,067 (Census ACS)

Home values & appreciation

Median home value
$552,636
1-year appreciation
+0.5%
3-year appreciation
+4.2%
5-year appreciation
+12.5%
10-year appreciation
+89.8%
All-time peak (2026-02)
$559,162
House Price Index
588.1 (+2.2% YoY)

Market activity

Median sale price
$574,950
Median list price
$599,000
Median days on market
18 days
Sale-to-list ratio
100.7%
Active listings
126
1-year forecast
-0.4%
Days to pending
31 days
New listings (monthly)
74

Rents

Typical rent
$1,941/mo
1-year rent change
+1.8%
1BR fair-market rent
$1,354/mo
3BR fair-market rent
$2,183/mo

Affordability

Cost of living index (Above Average)
107.5 (100 = US avg)
Electricity rate (state-level)
13.1¢/kWh
Natural gas rate (state-level)
$17.60/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
16
Elementary schools
8
Middle schools
1
High schools
5

Natural hazards & flood risk

Overall hazard risk
Relatively High
Top hazards
earthquake, landslide, heatWave, iceStorm, inlandFlooding
FEMA flood zone
A
Flood risk level
High

Climate (30-year normals)

Average annual temperature
53.0°F
Average high
61.0°F
Average low
44.0°F
Annual precipitation
39.2 in
Annual snowfall
12.3 in

Air quality

Air quality rating
Good
Median AQI (annual)
28
Days with Good air quality
327

Walkability & transit

Walkability index
11.7 / 20
Transit service frequency
833

Amenities

National parks within ~60 mi
3
Nearest national park
Klondike Gold Rush - Seattle Unit National Historical Park (50 mi)
Nearest airport
Olympia Regional Airport (OLM) (1 mi)
Nearest major airport
Olympia Regional Airport (OLM) (1 mi)
Hospitals nearby (~15 mi)
5
Avg hospital rating
3.0 / 5
Solar radiation rating
Poor (3.4 kWh/m²/day)

Migration

Net migration
+564 tax filers

Housing stock

Median year housing built
1,986
Median annual property tax
$4,687
Mean commute to work
15 min
Households with broadband internet
87.0%

Employment & development

Total county employment
84,684
Average weekly wage
$1,194
Top industries (by employment)
Health Care, Accommodation & Food, Professional Services
Annual residential building permits (county)
646

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents