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Olympia, WA 98513 Housing Market

Data snapshot: September 14, 2026. Closed-sale window: last 6 months.
Olympia, WA inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.07
ActiveActive listings: 9595PendingPending sales: 77
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): $539k$539kSoldMedian sold price (last 6 months): $515k$515k
What homes actually sell for in Olympia, WA
Distribution of 342 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $435k to $630k
$176k to $254k: 10 sales$176k$254k to $331k: 7 sales$331k to $408k: 35 sales$331k$408k to $486k: 68 sales$486k to $563k: 73 sales73sales$486k$563k to $640k: 58 sales$640k to $718k: 44 sales$640k$718k to $795k: 12 salesMedian $515k

What the numbers say

As of September 14, 2026, Resideline is tracking 95 active listings and 7 pending sales in ZIP code 98513. That pending-to-active ratio of 0.07 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $539,000, while the median of the 342 closed sales Resideline tracked over the last six months was $515,000. 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 66 days.

Frequently asked questions

What is the median home price in 98513?

The median closed sale price in Olympia, WA 98513 was $515,000 over the last six months, based on 342 closed sales tracked by Resideline. The middle half of those sales ranged from $435,000 to $629,990.

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

Resideline is currently tracking 7 pending sales against 95 active listings in 98513, a pending-to-active ratio of 0.07. 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

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