Market Intelligence · WA / Olympia

Olympia, WA 98512 Housing Market

The typical home in Olympia's 98512 ZIP code is worth $560,977, up 0.8% over the past year. The median list price is $592,200, and homes are taking a median of 43 days on the market as of June 2026.

Updated June 2026Median value$561K

The median home value in Olympia, WA 98512 is $561K as of June 2026, up 0.8% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 98512 range

$516K to $606K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+0.8% over 12 months

Typical home value in 98512 over the last 12 months: $556K in Jun 2025 to $561K in Jun 2026 (+0.8%).

Jun 2025$556K

Jun 2026$561K

The numbers

What is the 98512 housing market like?

Typical home value

$561K

Up0.8%YoY

Median list price

$592K

Days on market

43

Up258.3%MoM

Homes for sale

84

Price cuts

35.3%

New listings

46

Sources · Zillow ZHVI (June 2026) / Realtor.com (June 2026) / FRED (July 2026)

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The comparison

How do 98512 home prices compare?

  • 98512$560,977
  • Olympia$557,996
  • Washington$508,607
  • United States$291,471

Median Zillow home value (ZHVI), as of June 2026. Comparison levels are medians across every ZIP code with Zillow data (Olympia: 6 ZIPs; Washington: 485 ZIPs; United States: 26,270 ZIPs).

Context

As of June 1, 2026, there were 84 homes for sale in 98512, with 46 new listings added. The median list price sits at $592,200, while the typical home value is $560,977, up 0.8% over the past year. Homes are spending a median of 43 days on the market, and 35.3% of listings have had a price cut. For sellers, the numbers point to a market that is moving slowly, so realistic pricing matters more than reaching for the top of the range.

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