98506 Home Values & Market Trends
There are 368 homes currently listed for 98506. 98506 real estate market trends show that home prices range from $80,000 to $3,350,000, and the median sales price in the 98506 zip code is $561,675. The total number of properties sold within the past twelve months is 247. In 98506, 3 properties are in foreclosure, 2 are bank owned properties,and 1 are headed for auction.
98506 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Olympia | $ 582,011 $ 317/sqft |
Housing Market Summary for 98506
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $540K | $585K | 8.33% |
| Median Sold Price | $557.5K | $467.8K | -16.08% |
| Homes For Sale | 249 | 366 | 46.99% |
| Homes Sold | 100 | 71 | -29.00% |
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 98506
Browse Homes in 98506
The median list price of a home in Olympia, is $561,675. A total of 368 properties are for sale, and the percentage of properties for sale in the zip code is 368.00%. The total count of 98506 properties is 444.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in 98506 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 98506; of that cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 98506 ranges from the highest value of $714,950 in olympia to the lowest value of $286,095 in olympia. Bank owned homes and properties account for 0.45% of properties in 98506. There is 1 cities within 98506; 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 98506. Auction homes and other auction properties account for 0.23% of all properties in 98506. There is 1 cities within 98506; of that cities, the median estimated home value for homes going to auction ranges from $838,964 in olympia to the lowest value of $200,000 in olympia.
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More Real Estate Resources for 98506
Guide for 98506
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.
