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Area data

Olympia, WA — ZIP 98502

Population: 35,398 (Census ACS)

Home values & appreciation

Median home value
$579,635
1-year appreciation
-0.1%
3-year appreciation
+4.2%
5-year appreciation
+12.2%
10-year appreciation
+89.7%
All-time peak (2022-06)
$588,418
House Price Index
588.1 (+2.2% YoY)

Market activity

Median sale price
$350,000
Median list price
$336,500
Median days on market
167 days
Sale-to-list ratio
98.5%
Active listings
7
1-year forecast
-0.4%
Days to pending
31 days
New listings (monthly)
46

Rents

Typical rent
$1,941/mo
1-year rent change
+4.2%
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
8
Elementary schools
5
Middle schools
2
High schools
1

Natural hazards & flood risk

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

Climate (30-year normals)

Annual precipitation
72.2 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
1,151

Amenities

National parks within ~60 mi
3
Nearest national park
Klondike Gold Rush - Seattle Unit National Historical Park (48 mi)
Nearest airport
Gower Field (10 mi)
Nearest major airport
Olympia Regional Airport (OLM) (10 mi)
Hospitals nearby (~15 mi)
1
Avg hospital rating
4.0 / 5
Solar radiation rating
Poor (3.3 kWh/m²/day)

Migration

Net migration
+564 tax filers

Housing stock

Median year housing built
1,988
Median annual property tax
$4,725
Mean commute to work
18 min
Households with broadband internet
84.6%

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