Real Estate Market Update for Olympia, WA
Welcome to March's Market Update. Lets take a look at residential real-estate activity in your area during the month of February. The number of active listings was down 5% from one year earlier, and down 6% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just under 430-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 17%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just over 310-thousand dollars. The number of units sold decreased 3% year-over-year, and decreased 12% month-over-month. Fewer sales could indicate an opportunity for buyers to negotiate better terms. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for Olympia, WA

Area Information for Olympia, WA
  • Population: 55,848
  • Median Age: 39.88 yr
  • Median Commute Time: 19 mins
  • Educational Climate*: 4
  • Sales Tax: 0%
  • Population Density: 3,068/sq mi
  • Population Change Since 2000: 27.85%
  • Closest Airport: Seattle-tacoma International
  • Closest College: Saint Martins University
  • Closest Jr. College: South Puget Sound Community College
  • Median Household Income: $64,474
  • Annual Residential Turnover: 0%
  • Median Home Sales Price: $443,000
  • Closest Major Sports Team: Tacoma Rainiers (aaa)
  • Change Avg. Household Income Since 2000: 69.2%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Olympia, WA
Median Age: 39.88 Married: 33% Number of Households: 25,138 Households with Children: 5,835
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Olympia, WA

      School Name Distance Type Grades School Rating
      Nova School 0.5 mi Private 6-8 0
      Pioneer Elementary School 0.6 mi Public K-5 4
      Washington Middle School 0.7 mi Public 6-8 4
      Olympia High School 0.8 mi Public 9-12 5
      Sunrise Beach School 0.8 mi Private K-12 0
      St Michael School 0.8 mi Catholic PRESCHOOL-8 0
      Lincoln Elementary School 0.8 mi Public K-5 3
      Olympia Community School 0.9 mi Private K-5 0
      Olympia Regional Learning Academy 0.9 mi Public K-12 0
      Olympia Regional Learning Academy - Montessori School 0.9 mi Public K-8 3
      Nature Nutres Farm School 0.9 mi Private PRESCHOOL-3 0
      Madison Elementary School 1.1 mi Public PRESCHOOL-5 3
      Avanti High School 1.1 mi Public 9-12 3
      Mckenny Elementary School 1.3 mi Public K-5 4
      Thurston County Youthbuild 1.4 mi Public UNGRADE-UNGRADE 0
      Serendipity Children's Center 1.5 mi Private PRESCHOOL-PRESCHOOL 0
      Centennial Elementary School 1.8 mi Public K-5 5
      Roosevelt Elementary School 2.0 mi Public K-5 3
      Michael T Simmons Elementary School 2.1 mi Public K-5 3
      Tumwater Virtual Academy 2.1 mi Public K-12 0
      Capital Montessori School 2.1 mi Private PRESCHOOL-6 0
      Tumwater Hill Elementary School 2.1 mi Public K-5 3
      Garfield Elementary School 2.2 mi Public PRESCHOOL-5 3
      Reeves Middle School 2.5 mi Public 6-8 4
      Evergreen Christian School 2.5 mi Private K-8 0
      Jefferson Middle School 2.7 mi Public 6-8 4
      Mountain View Elementary School 2.8 mi Public PRESCHOOL-5 1
      Gravity High School 2.8 mi Public UNGRADE-UNGRADE 0
      North Thurston High School 2.9 mi Public 9-12 4
      Kindercare Learning Center # 1004 2.9 mi Private PRESCHOOL-K 0
      Peter G Schmidt Elementary School 2.9 mi Public K-5 2
      Komachin Middle School 3.0 mi Public 6-8 3
      Temple Baptist Academy 3.0 mi Private K-12 0
      Cornerstone Christian School 3.1 mi Private PRESCHOOL-8 0
      Capital High School 3.1 mi Public 9-12 3
      Chinook Middle School 3.2 mi Public 6-8 3
      Washington Connections Academy 3.2 mi Public K-10 1
      Summit Virtual Academy 3.2 mi Public K-12 0
      Northwest Christian Academy 3.2 mi Private 9-12 0
      Northwest Christian High School 3.2 mi Private 9-12 0
      Tumwater Middle School 3.2 mi Public 6-8 4
      Olympia Christian School 3.3 mi Private K-8 0
      Envision Career Academy 3.3 mi Public 9-12 1
      Tumwater High School 3.3 mi Public 9-12 4
      New Market Vocational Skills Center 3.5 mi Public 10-12 0
      Pleasant Glade Elementary School 3.5 mi Public K-5 1
      Pope John Paul Ii High School 3.6 mi Catholic 9-12 0
      Leland P Brown Elementary School 3.6 mi Public K-5 1
      Lacey Elementary School 3.7 mi Public PRESCHOOL-5 2
      Horizons Elementary School 4.0 mi Public K-5 3
      Thurgood Marshall Middle School 4.0 mi Public 6-8 3
      Julia Butler Hansen Elementary School 4.1 mi Public K-5 3
      Aspire Middle School 4.1 mi Public 6-8 4
      Timberline High School 4.2 mi Public 9-12 4
      Lakes Elementary School 4.2 mi Public K-5 3
      Paramount Christian Academy 4.3 mi Private PRESCHOOL-5 0
      Holy Family School 4.3 mi Catholic PRESCHOOL-8 0
      Chambers Prairie Elementary School 4.5 mi Public K-5 1
      Mclane Elementary School 4.6 mi Public K-5 3
      Olympia Waldorf School 4.6 mi Private PRESCHOOL-8 0
      A G West Black Hills High School 4.6 mi Public 9-12 3
      Cascadia High School 4.6 mi Public 9-12 2
      Faith Lutheran School 4.6 mi Private PRESCHOOL-8 0
      George Washington Bush Middle School 4.7 mi Public 6-8 3
      South Bay Elementary School 4.7 mi Public K-5 3
      Black Lake Elementary School 4.7 mi Public K-6 2
      Gospel Outreach Christian School 4.9 mi Private 1-12 0
      Woodland Elementary School 5.1 mi Public K-5 2
      Lydia Hawk Elementary School 5.1 mi Public K-5 0
      East Olympia Elementary School 5.1 mi Public K-5 3
      Seven Oaks Elementary School 5.2 mi Public PRESCHOOL-5 2
      Olympic View Elementary School 5.3 mi Public K-5 2
      Nisqually Middle School 5.6 mi Public 6-8 1
      Evergreen Forest Elementary School 5.9 mi Public K-5 3
      River Ridge High School 6.6 mi Public 9-12 3
      Meadows Elementary School 6.8 mi Public PRESCHOOL-5 3
      Salish Middle School 6.9 mi Public 6-8 2
      Griffin School 7.3 mi Public K-8 4
      Boston Harbor Elementary School 7.5 mi Public K-5 4
      Wa He Lut Indian School 8.8 mi Public K-8 0
      Littlerock Elementary School 10.7 mi Public PRESCHOOL-6 3
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area.
      Local Weather for Olympia, WA
        Data powered by Attom Data Solutions. Copyright© 2022. Information deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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