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Olympia, WA 98513 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
Olympia, WA inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.12
ActiveActive listings: 8888PendingPending sales: 1111
Olympia, WA: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $575k$575kSoldMedian sold price (last 6 months): $520k$520k
What homes actually sell for in Olympia, WA
Distribution of 346 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $450k to $635k
$220k to $292k: 7 sales$220k$292k to $364k: 19 sales$364k to $436k: 34 sales$364k$436k to $507k: 80 sales80sales$507k to $579k: 59 sales$507k$579k to $651k: 59 sales$651k to $723k: 42 sales$651k$723k to $795k: 11 salesMedian $520k

What the numbers say

As of October 5, 2026, Resideline is tracking 88 active listings and 11 pending sales in ZIP code 98513. That pending-to-active ratio of 0.12 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $575,000, while the median of the 346 closed sales Resideline tracked over the last six months was $519,995. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 98513 for 75 days.

Frequently asked questions

What is the median home price in 98513?

The median closed sale price in Olympia, WA 98513 was $519,995 over the last six months, based on 346 closed sales tracked by Resideline. The middle half of those sales ranged from $450,000 to $635,000.

Is 98513 a buyer's or seller's market?

Resideline is currently tracking 11 pending sales against 88 active listings in 98513, a pending-to-active ratio of 0.12. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 98513 currently looks like a balanced market.

Nearby ZIP code market data

Full Olympia, WA housing market report →

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