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Olympia, WA
Full City Profile · Washington · Pierce County County
3.3
/5.0
B
Good
55,583
Population
3,051/sq mi density
$76,930
Median Income
$44,315 per capita
$457,900
Home Value
$527,202 Zillow
$1,509
Median Rent
34.0% income on rent
52°F
Avg Temperature
240 sunny days/yr
477
Violent Crime/100K
3,479 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.9 / 5.0
$76,930 median income, 4.3% unemployment
B
Affordability
3.3 / 5.0
$457,900 home value, $1,509/mo rent
F
Safety
1.0 / 5.0
477 violent crimes/100K (25% above avg)
A+
Education
5.0 / 5.0
50.0% bachelor's degree or higher
Housing Overview
Median Home Value
$457,900
62% above
US avg: $281,900
Median Rent
$1,509/mo
30% above
US avg: $1,163/mo
Homeownership Rate
49.3%
25% below US avg (65.4%)
Total Housing Units
25,870
Median year built: 1981
Home Value by Source
Census Median
$457,900
Zillow (ZHVI)
$527,202
Median Sale Price
$535,000
Median List Price
$595,500
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
49.3%
Owner-Occupied
50.7%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,082/mo
1 Bedroom
$1,180/mo
2 Bedroom
$1,472/mo
3 Bedroom
$2,003/mo
4 Bedroom
$2,351/mo
Census median rent:
$1,509/mo
· Zillow rent:
$1,921/mo
Market Indicators (Redfin)
Median Days on Market
22 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
33
Price Drops
30.2%
of listings with price reduction
Price Per Sq Ft
$289
Active Inventory
63
homes for sale
Affordability & Housing Stock
Rent Burden
34.0%
of renters spending 30%+ of income on housing
10% above US avg (31.0%)
Median Year Built
1981
Average age of housing stock: 45 years
Homeownership Rate
49.3%
Complete Housing Data
Home Values
| Census Median Value | $457,900 |
| Zillow Home Value (ZHVI) | $527,202 |
| Median Sale Price | $535,000 |
| Median List Price | $595,500 |
| Price Per Sq Ft | $289 |
Rent
| Census Median Rent | $1,509 |
| Zillow Rent (ZORI) | $1,921 |
| FMR Studio | $1,082 |
| FMR 1-Bedroom | $1,180 |
| FMR 2-Bedroom | $1,472 |
| FMR 3-Bedroom | $2,003 |
| FMR 4-Bedroom | $2,351 |
Market
| Days on Market | 22 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 30.2% |
| Homes Sold | 33 |
| Active Inventory | 63 |
| Price Per Sq Ft | $289 |
Ownership & Stock
| Owner-Occupied | 49.3% |
| Renter-Occupied | 50.7% |
| Homeownership Rate | 49.3% |
| Total Housing Units | 25,870 |
| Median Year Built | 1981 |
| Rent Burden | 34.0% |