98501 Home Values & Market Trends
There are 1,058 homes currently listed for 98501. 98501 real estate market trends show that home prices range from $70,000 to $6,900,000, and the median sales price in the 98501 zip code is $566,802. The total number of properties sold within the past twelve months is 591. In 98501, 12 properties are in foreclosure, 1 are bank owned properties,and 9 are headed for auction.
98501 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Olympia | $ 579,100 $ 316/sqft |
Housing Market Summary for 98501
| Oct 2025 | October 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $579.9K | $575K | -0.84% |
| Median Sold Price | $569K | $587.3K | 3.22% |
| Homes For Sale | 692 | 1,058 | 52.89% |
| Homes Sold | 240 | 134 | -44.17% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in 98501
Browse Homes in 98501
The median list price of a home in Olympia, is $566,802. A total of 1,058 properties are for sale, and the percentage of properties for sale in the zip code is 1058.00%. The total count of 98501 properties is 1,211.
- Pre-ForeclosurePre-foreclosure homes account for 0.17% of all residential properties in 98501 with olympia containing 6 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 98501; of that cities, the estimated home value for pre-foreclosure homes ranges from $874,476 in olympia to the lowest home value of $409,454 in olympia.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 98501 ranges from the highest value of $699,995 in olympia to the lowest value of $286,556 in olympia. Bank owned homes and properties account for 0.08% of properties in 98501. There is 1 cities within 98501; olympia containing 11 REO properties, has the highest number of bank owned properties in a single city.
- Auctionsolympia has 22 auction properties, the highest number of properties going to auction in a single city in the state of 98501. Auction homes and other auction properties account for 0.74% of all properties in 98501. There is 1 cities within 98501; of that cities, the median estimated home value for homes going to auction ranges from $834,579 in olympia to the lowest value of $200,000 in olympia.
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More Real Estate Resources for 98501
Guide for 98501
Washington Foreclosure Laws
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
