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December 4, 2022 — Olympia real estate market at a glance:

  • 198 houses, 19 condos and 57 parcels are for sale in Olympia today.
  • $595,000 is the median asking price for a single family home for sale.
  • 2,122 SQFT is the median size of a single family home for sale.
  • $280/SQFT is the median asking price per square foot for a single family home for sale.
  • 7 new homes in Olympia are for sale today.
  • There are 1.19 months of residential housing supply. This indicates a severe seller's market with upward pressure on pricing.
    Calculation: 217 houses and condos for sale divided by 182 sales per month which is the trailing six month average.

Homes for Sale in Olympia, WA

All (198)
For Sale Listed Yesterday
$750,000 4 Beds 1 Baths 1,630 SQFT
Beautiful 3bd 1bth 1630sqft water front property facing NW right off the tip of Johns...  Details »
NWMLS #2020655. Greg Perry, The Preview Group
For Sale 2 Days Online
$649,900 4 Beds 2.75 Baths 3,250 SQFT
Millionaire details...Miser maintenance Every inch of this 3530-square-foot Carr...  Details »
NWMLS #2020456. Gary Porter, Coldwell Banker Bain
For Sale 2 Days Online
$425,000 3 Beds 2 Baths 1,740 SQFT
Spacious one level living in the Black Lake Community! This 3 bedroom home features l...  Details »
NWMLS #2020060. Erin McCready, RE/MAX Realty South
OPEN Sun 12pm-4pm
For Sale 3 Days Online
$275,000 2 Beds 1.5 Baths 1,168 SQFT
Adorable/affordable townhouse style condo along Black Lake. Upon entry you will find...  Details »
NWMLS #2019859. Susie Williams, John L. Scott Dupont
Capital Lake Towers
For Sale 5 Days Online
$319,000 2 Beds 1.5 Baths 1,179 SQFT
Spectacular views include State Capitol Bldg, Mt Rainier, & Downtown Olympia. This 9t...  Details »
NWMLS #2019627. Michael Duggins, RE/MAX Parkside Affiliates
Capitol Lake Towers
For Sale 7 Days Online
$379,900 3 Beds 2.25 Baths 1,501 SQFT
Gorgeous, updated 3 bedrm condo in the Capitol Lake Tower Bldg. Enjoy beautiful seaso...  Details »
NWMLS #2018360. Natalie Buckey, Riley Jackson Real Estate Inc.
Reality Homes
For Sale 23 Days Online
$1,045,000 3 Beds 3.5 Baths 3,196 SQFT
Brand new home in coveted Westside Olympia. Located in a park like setting nestled on...  Details »
NWMLS #2004672. Barbara Haggerty, Van Dorm Realty, Inc.
Rim Rock
Gritton
For Sale 30 Days Online
$2,250,000 4 Beds 2.5 Baths 4,026 SQFT
Level up with the ultimate high-end presale! This is the proto-type for all modern de...  Details »
NWMLS #2014448. Courtney K. Drennon, Morrison House Sotheby's Intl
Summit Homes
For Sale 45 Days Online
$1,499,950 3 Beds 2.75 Baths 3,686 SQFT
Welcome home to this New Construction water view home (with potential for future wate...  Details »
NWMLS #2009546. Guy Duvall, John L. Scott Lacey
Today's Market at a Glance
December 4, 2022
Active
198 Houses 19 Condos 57 Parcels
For Sale Stats
$595,000
2,122 sqft
$280/sqft
Median values from the 198 single family homes for sale in Olympia WA.
Closing Stats
$524,000
1,908 sqft
$275/sqft
Median values for the 1,055 single family Olympia homes closed in the last 6 months.
Plus
7
New Homes
3% of the residential market
1.19
Months of Supply
This indicates a severe seller's market with upward pressure on pricing.
  • Homes closed November 2022: 109 60% from November 2021 (271).
  • $524,000 was the median sale price of single family houses closed in the last 6 months.
  • 1,908 SQFT was the median size of single family houses closed in the last 6 months.
  • $275/SQFT was the median price per square foot for single family homes closed in the last 6 months.
    Closed house price and size is computed by median 1,055 single family Olympia homes closed in the last six months.
  • 88 residential closings have occurred in the last thirty days.
    Houses (87) · Condos (1)

Guide to Homes For Sale in Olympia, WA

Best known as the capital city of Washington State, Olympia is a small city at the southern tip of Puget Sound. Many people gravitate towards the city for small-town feel, historic architecture and its great views of nearby Mount Rainier.

  • Families enjoy Olympia for its great schools and especially safe neighborhoods. 
  • Singles, couples and retirees gravitate towards Olympia for its exciting downtown district, filled with small businesses and warm and inviting restaurants. 

Location

Olympia is located about 60 miles (about an hour drive) south of Seattle, in Thurston County. It is the state's capital. It is 2 hours from the coast as well as 2 hours from Mount Rainier National Park. 

About the Homes For Sale in Olympia, WA

The majority of homes in Olympia were built between 1950 and the early 2000's. 

Many of Olympia's older homes sit on the historic, tree-lined streets of the South Capitol neighborhood. 

Single Family Homes in Olympia, WA

  • 198 homes are currently listed for sale in Olympia WA.
  • 2047 single family homes sold and closed in the last 12 months.
  • Prices - $524,000 was the median closing price in the last 6 months.
  • Sizes - 1,908 SQFT was the median home size.

Please see our Olympia listings page for updates on a daily basis.

Condos and Condo Buildings

There are condo options all around the city of Olympia. While some exist in traditional multi-unit condo buildings, others are freestanding homes developed as condos. 

Condos

  • 19 condos are currently listed for sale in Olympia WA.
  • In the last year, there were 80 condos sold and closed.

Please see Olympia condos for more information on condos and complexes in Olympia.

New Home Construction in Olympia

There are both stand-alone new homes, as well as entire new home communities in the city of Olympia. New home communities like Wellington Heights are very popular for their close proximity to downtown and the state capital buildings. 

New Construction Single Family Homes

  • 6 new homes are currently listed for sale in Olympia WA.
  • 72 new single family homes sold and closed in the last 12 months.
  • Prices - $626,000 was the median closing price in the last 6 months.
  • Sizes - 2,553 SQFT was the median home size.

Please see our Olympia new homes page for updates on a daily basis.

Schools in Olympia, WA

Olympia is served by the Olympic School District. Public elementary schools include:

  • Boston Harbor Elementary
  • Garfield Elementary
  • Madison Elementary
  • Pioneer Elementary

Public middle schools include:

  • Jefferson Middle School
  • Reeve's Middle School
  • Thurgood Marshall Middle School
  • Washington Middle School

Finally, students will attend one of the following high schools:

  • Avanti High School
  • Capital High School
  • Olympia High School
  • Olympia Regional Learning Academy

In addition to the many public schools in Olympia, there are also private school options, including:

  • Olympia Christian School (K–8)
  • Olympia Community School (Pre-K–5)
  • Sunrise Beach School (Pre-K–12)

Activities, Parks & Recreation

The Olympia Farmer's Market is one extremely popular activity for residents. Each Saturday more than 100 vendors gather to sell fresh produce, baked goods and crafts to excited visitors. Surrounded by many family-owned farms, Olympia is the ideal place to buy a basket of produce on a Saturday morning. 

Shopping & Restaurants

Olympia has many highly rated restaurants. Some of these include:

  • Anthony's Homesport Olympia (Seafood)
  • Basilico Ristorante (Italian)
  • Le Petite Maison (French)
  • Gardner's Restaurant (Seafood)

In addition to restaurants, Olympia also has many popular shops and stores like:

  • Macy's
  • World Market
  • Target
  • Trader Joe's

Getting Around Olympia, WA

Olympia's Intercity Transit System has more than 20 bus routes running through Olympia daily and about a dozen routes running every weekend. 

For those with cars, highways I-5 and I-101 both run through the city center. 

Common Commute Times (by car)

  • Tacoma - 33 mins
  • Renton - 58 mins
  • Downtown Seattle - 1 hr 12 mins
  • Redmond (Microsoft) - 1 hr 24 mins
  • Downtown Bellevue - 1 hr 17 mins

Nearby

Mount Rainier National Park is just a 2-hour drive from downtown Olympia. 

I'm interested in seeing and potentially buying in Olympia, now what?

It's time to talk to a real estate agent about the properties you're most interested in. We don't currently have a representative covering this area.

Are there more homes for sale in Olympia than shown on this page?

All MLS listed homes for sale in Olympia, WA are on Landcast.

Where does Landcast get information about Olympia?

Information about the listed homes for sale in Olympia generally comes from the MLS. Information about neighborhoods in Olympia, condos in Olympia, and new homes in Olympia, comes from the MLS, our research staff, public data, area home builders and from contributions from our users.