Olympia, WA 98508 Real Estate Market Analysis | dynamic.RE
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Market Snapshot
Housing Market
County Demographics
County Economy
Olympia, WA — 98508
Median Listing Price
$650K
Population
--
Households
118,899
Median Days on Market
141
Active Listings
1
New Listings
0
Housing Market
Pricing
Median Listing Price
$650K
-- YoY
Average Listing Price
$650K
-- YoY
Price per Sq Ft
$291
-- YoY
Median Sq Ft
2,235
-- YoY
Inventory
Active Listings
1
-- YoY
New Listings
0
-- YoY
Total Listings
1
-- YoY
Buyer Competition
Pending Listings
--
-- YoY
Pending Ratio
--
-- YoY
Median Days on Market
141
-- YoY
Price Reduced
0.0%
-- YoY
Units & Occupancy
2024 Occupancy
125K
units
Occupied
118,899
95.0%
Vacant
6,264
5.0%
2024 Tenure
119K
occupied
Owner
80,487
67.7%
Renter
38,412
32.3%
Renter Share
32.3%
+0.2% YoY
Total Housing Units
125,163
+1.5% YoY
FY2026 Fair Market Rent — Thurston County
HUD government estimate (40th percentile) — not actual market asking rent.
Studio
$1,538
/month
1 BR
$1,682
/month
2 BR
$1,960
/month
3 BR
$2,613
/month
4 BR
$3,288
/month
FMR Trends — Thurston County
Source: HUD Fair Market Rents
County Demographics
Median Age
40.0
2024
Population
Thurston County Population
302,912
+1.1% YoY
Households
Total Households
118,899
+1.5% YoY
Household Types
--
Not reported for this area (ACS).
Avg Household Size
2.48
-0.8% YoY
Age
2024 Age Mix
299K
residents
Under 18
62,380
20.9%
Adults 18–64
180,615
60.4%
65 & Over
56,072
18.7%
Age Composition Over Time
2017–2024
Population growth (first year = 100)
Share of population (change in pp)
Under 18
Adults 18–64
65 & Over
Population Under 18
62,380
-0.3% YoY
Population 65 & Over
56,072
+3.2% YoY
Median Age
40.00
+0.5% YoY
Mobility & Veterans
2024 Residential Mobility
of residents
Same house
85.4%
Moved (within US)
14.0%
Other
0.6%
Veterans
12.6%
-2.3% YoY
County Economy
Income
Median Household Income
$97K
+2.7% YoY
Per-Capita Income
$46K
+3.3% YoY
Mean Household Income
$114K
+2.5% YoY
Poverty
Below Poverty Level
9.5%
-2.1% YoY
Transportation to Work
2024 Commute Mode
of workers
Drove alone
66.9%
Public transit
1.0%
Worked from home
20.5%
Other
11.6%
Worked From Home
20.5%
+18.5% YoY
Mean Commute
25.80
-1.9% YoY
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