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ZIP 98501 in Olympia, WA: housing market trends

The median home sale price in ZIP 98501 in Olympia, WA was $599,824 for the three-month period ending September 2026. Sale prices were 5.2% higher than the same period one year earlier. These are area-level statistics; changes in the mix of homes sold can move the median.

Median sale price
$599,824
three-month period ending September 2026
Median sale price per sq ft
$297.14
three-month period ending September 2026
Active listings
333
three-month period ending September 2026
Typical monthly rent
$1,924
Rent index · August 2026

How is housing inventory changing?

There were 333 active listings for the three-month period ending September 2026. Active listings were 17.3% higher than the same period one year earlier. This counts homes active at any time during the period, not only those available on its final day.

How long are homes taking to sell?

The median time on market was 20 days for the three-month period ending September 2026. Sale prices, inventory, and selling time describe different parts of the market; none alone establishes what an individual home will sell for.

Home prices by property type

Published Redfin medians for each home type. Each row covers the three-month period ending in its listed month; missing values remain unavailable.

Property-type comparison for ZIP 98501 in Olympia, WA
Home typePeriod endingMedian sale priceSale price / sq ftHomes sold
All homesSeptember 2026$599,824$297.14166
Single-familySeptember 2026$605,970$297.57151
TownhousesSeptember 2026$535,001$287.935 · small sample
Condos / co-opsSeptember 2026$374,989$302.326 · small sample
Multifamily (2–4 units)September 2026$499,950$245.984 · small sample

Compare nearby housing markets

Published city and place figures. Check each row’s reporting period and source before comparing; these are separate markets, not neighborhood boundaries.

Nearby market comparison for ZIP 98501 in Olympia, WA
MarketMedian sale priceReporting period / source
Tumwater, WA$545,9903 months ending September 2026 · Redfin
Olympia, WA$532,500Month ending July 2026 · Zillow
Lacey, WA$526,750Month ending July 2026 · Zillow
Tenino, WA$399,8103 months ending September 2026 · Redfin
Nisqually Indian Community, WA$512,5003 months ending July 2026 · Redfin
Rainier, WA$499,7623 months ending September 2026 · Redfin

Recent sale-price history

All residential home types. Each row represents an overlapping three-month period ending in that month. Use the charts above for the full available history and home-type filters. Missing values remain unavailable.

Recent home sale prices for ZIP 98501 in Olympia, WA
Period endingMedian sale priceSale price / sq ftActive listings
September 2026$599,824$297.14333
August 2026$607,246$297.63339
July 2026$605,000$297.71349
June 2026$597,000$296.18328
May 2026$572,475$292.76307
April 2026$576,700$286.86267
March 2026$547,475$277.56221
February 2026$562,000$282.90203
January 2026$572,438$269.40198
December 2025$589,900$275.68201
November 2025$603,000$288.43234
October 2025$572,500$307.06267
September 2025$570,000$307.96284
August 2025$561,000$297.83297
July 2025$575,000$285.54302
June 2025$575,000$284.25292
May 2025$590,000$279.23269
April 2025$585,000$285.26220
March 2025$594,998$277.88190
February 2025$574,000$286.57168
January 2025$562,425$284.80189
December 2024$564,900$286.11202
November 2024$566,200$285.69242
October 2024$548,250$284.48274

Sources and definitions

Sale-price and property-type histories use Redfin where available. Redfin observations cover rolling three-month periods. Zillow Research supplies monthly home-value and rent indices and additional market series. Provider selection is shown in the chart details. Each metric retains its own reporting date.

Sale price per square foot describes completed sales with reported floor area; it is not a listing-price measure. Active listings count listings active during the reporting period. Home values and rents are typical-value indices, not sale-price or rent medians. ZIP map boundaries are Census ZCTAs and may differ from provider regions. Related ZIP associations do not imply containment within city boundaries.

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