Zip 98502 (Olympia, WA) Housing

Olympia, WA 98502 has a median housing value of $547,400 which is significantly higher than the US median housing value of $338,100. The US house appreciation rate over 1 year is 8.27% while Olympia's one year house appreciation rate is 8.98%. This demonstrates that the housing market in Olympia is very healthy and likely to experience ongoing growth in its values. The combination of high median housing value and strong house appreciation makes this city an especially attractive option for potential homebuyers looking to invest in real estate.

The median home cost in Olympia (zip 98502) is $547,400. Home appreciation the last 10 years has been 140.9%. Home Appreciation in Olympia (zip 98502) is up 16.1%.

Average Age of Homes

- The median age of Olympia (zip 98502) real estate is 34 years old

The Rental Market in Olympia (zip 98502)

- Renters make up 36.2% of the Olympia (zip 98502) population
- 1.8% of houses and apartments in Olympia (zip 98502), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Olympia, Washington	United States
	15,265.0	139,647,020.0
	34	42
	$547,400	$338,100
	16.1%	16.6%
	84.1%	57.0%
	140.9%	101.1%
	$10.77	$10.98
	$4,280	$2,690
	54.1%	57.4%
	5.1%	11.2%
	40.8%	31.4%
Vacant Housing
	1.8%	1.9%
	0.2%	0.4%
	0.2%	0.7%
	0.0%	0.4%
	1.5%	3.6%
	1.4%	4.1%
Value of Owner-Occupied Housing
	1.9%	2.6%
	1.3%	2.4%
	0.2%	2.8%
	0.3%	3.9%
	0.4%	4.5%
	0.7%	11.3%
	2.4%	13.0%
	14.8%	20.1%
	28.8%	13.6%
	18.6%	8.3%
	22.3%	9.7%
	4.9%	3.9%
	3.3%	2.2%
	0.2%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	15.4%	13.6%
	15.4%	13.6%
	14.6%	13.6%
	13.9%	13.2%
	18.7%	14.8%
	14.6%	13.6%
	4.6%	10.0%
	4.6%	4.7%
	4.5%	12.2%

Reviews for Olympia

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Jaered · Salem, OR

Hippie Central

Over 18 years ago

98502 is where Evergreen State College is - and it's full of hippies. Nice hippies though, they're harmless. This zip code also, coincidentally, is full of rich, retired More

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