98501 Washington Real Estate Market Trends & Home Values

98501

98501 Home Values & Market Trends

There are 723 homes currently listed for 98501. 98501 real estate market trends show that home prices range from $62,500 to $3,250,000, and the median sales price in the 98501 zip code is $559,008. The total number of properties sold within the past twelve months is 599. In 98501, 12 properties are in foreclosure, 0 are bank owned properties,and 11 are headed for auction.

98501 Real Estate Market Overview

City	Median Est. Value
Olympia	$ 566,372 $ 316/sqft

City

Median Est. Value

Olympia

$ 566,372

$ 316/sqft

Housing Market Summary for 98501

	Dec 2024	November 2025	Change
Median Listing Price	$550K	$579K	5.28%
Median Sold Price	$522K	$566.6K	8.55%
Homes For Sale	24	720	2900.00%
Homes Sold	416	221	-46.88%

Price

$/Sqft

Homes For Sale

0

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%.

0

Recently Sold Homes

Explore recent offers and recently sold homes in 98501

Recently Sold

$338,200

Sold Price

4 beds

3 baths

2,710 sqft

4,356 sqft lot

2001 Josie Lynn Ct Se, Olympia, WA 98501

Recently Sold

2,614 sqft lot

1174 Halvorsen Ln Se, Tumwater, WA 98501

Recently Sold

$728,000

Sold Price

5 beds

4 baths

2,719 sqft

4,792 sqft lot

2028 Josie Lynn Ct Se, Olympia, WA 98501

Browse Homes in 98501

The median list price of a home in Olympia, is $559,008. A total of 723 properties are for sale, and the percentage of properties for sale in the zip code is 723.00%. The total count of 98501 properties is 949.

Foreclosure

There is 1 cities within 98501; within this cities, the median estimated home value for homes in foreclosure ranges from $2,065,096 in olympia to the lowest value of $256,320 in olympia. Foreclosure homes account for 1.00% of properties in 98501 with olympia containing 40 foreclosures, the highest number of foreclosure properties in a single city.

Pre-Foreclosure
Pre-foreclosure homes account for 0.11% of all residential properties in 98501 with olympia containing 3 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 $1,686,107 in olympia to the lowest home value of $299,036 in olympia.
Bank Owned
The median estimated home value of bank owned homes (REO properties) in 98501 ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in 98501. There is 1 cities within 98501; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
Auctions
olympia has 35 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 1.16% 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 $2,065,096 in olympia to the lowest value of $256,320 in olympia.

Homes for Sale

Homes and properties that are actively listed for sale account for 76.19% of residential properties in 98501 with olympia containing 2452 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 98501; homes for sale in that cities, have a range of median values from $3,584,350 in olympia to the lowest value of $65,206 in olympia.

Sold Homes

The median value for recently sold homes ranges from $3,137,820 in olympia to the lowest price of $97,517 in olympia. There is 1 cities within 98501. olympia has 732 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 21.29% of properties in 98501.

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