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Olympia

Olympia

Located in Thurston County

$575,632 Average Value
$309 Average Price per Sq Ft
161 Homes For Sale

Funky town on South Puget Sound

One might expect a serious attitude in Olympia, the legislative center and state capital of Washington. But this creative, outdoorsy city defies expectations. “People express themselves here, and art is really encouraged,” says Realtor Matt Murray with Van Dorm Realty, a local and a small business owner for over 20 years. “Maybe it’s because we feel intertwined with nature. Everything around you is moss, mushrooms, creeks, giant trees. People can go for a walk and disappear for an afternoon. I think that sparks our creativity.” Downtown Olympia is the most obvious example of this dichotomy, a colorful, mural-filled district on Capitol Lake and South Puget Sound. The cardinal neighborhoods around it — Eastside, Westside, North West, North East and others — carry that energy throughout the city, despite being more suburban. Of Olympia’s 55,000 residents, some have been here for years, while others may have arrived within the month. “Olympia, even though it’s quirky, is a welcoming city. You can be new but nobody realizes because most people are transplants,” says Debbi Boyd with Real Estate of the South Sound, a broker here since 2001. “Joint Base Lewis-McChord, what we call JBLM, is just outside of town, so you have a lot of Army and Air Force people coming and going. People also buy here and commute to the larger cities like Seattle and Portland.”

On occasion, the surrounding areas of Cain Road will have car shows and meets for residents.
On occasion, the surrounding areas of Cain Road will have car shows and meets for residents.
Capitol Lake is a local favorite spot for an evening stroll near Burbank-Elliott.
Capitol Lake is a local favorite spot for an evening stroll near Burbank-Elliott.
Explore the arts and culture of Downtown Olympia near West Bay Drive.
Explore the arts and culture of Downtown Olympia near West Bay Drive.
Find plenty of scenic running paths in the area around West Bay Drive.
Find plenty of scenic running paths in the area around West Bay Drive.
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History and the arts come together in Downtown Olympia

Olympia’s past and present are central to Downtown Olympia , a National Historic District filled with murals, galleries, theaters and boutiques. Walking next to the district’s Romanesque architecture, it’s common to see poems and LGBTQ-friendly signage in shop windows. Local artists have painted traffic signal boxes, and, as Matt Murray says, color is everywhere. Breweries and coffee shops are some of the many restaurants around here, and seafood places often source locally from South Sound. The Washington State Capitol Building and Campus is just south of this district, and the Olympia Farmers Market is just north. A year-round source of fresh produce since 1975, it has over 100 vendors during high season, from April to October. Northwest and South Westside border the city's commercial district, home to Capital Mall, grocery chains and big-box stores.

A drum circle forming community peace, at the harbor next to Cain Road.
A drum circle forming community peace, at the harbor next to Cain Road.
Try the creative sushi burritos or savory ramen at Zen in Carlyon-North.
Try the creative sushi burritos or savory ramen at Zen in Carlyon-North.
Pick up fresh veggies at The Olympia Farmers Market near Northwest.
Pick up fresh veggies at The Olympia Farmers Market near Northwest.
Just outside the Cain Road neighborhood, you can find annual night markets around town.
Just outside the Cain Road neighborhood, you can find annual night markets around town.
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From puppets to tugboats: events in Olympia

Olympia has many events throughout the year, but Olympia Arts Walk is one of the most popular. With hundreds of artists and about 30,000 attendees, this weekend celebration fills streets with music, paintings and demonstrations in October and April. The April iteration has the Procession of the Species, the largest Earth Day celebration in the region; this parade features elaborate animal costumes and puppets, and it’s been a tradition since 1995. In September, Olympia Harbor Days crowds Budd Inlet as tugboats race through the water and attendees tour historic boats. Capital Lakefair is a weeklong celebration in July, when a carnival, car show, parade and fireworks liven downtown.

The heart of the Pacific Northwest: close to lakes, mountains and forests

The wetlands of South Puget Sound cover Olympia and the region overall. Central in the city, Capitol Lake is a 260-acre body with a walking trail and waterfront parks. The pristine lawns of the Washington State Capitol Campus are along the eastern bank, and Budd Inlet is another waterway to the north. This inlet packs with sailboats close to town but eventually widens, connecting to Puget Sound’s other finger lakes. The Olympic Mountains, about 50 miles north of town, are visible from these waterways and some high points in Capitol State Forest. With roughly 110,000 acres west of the city, this forest has everything from mountain biking to camping to salmon fishing. Billy Frank Jr. Nisqually National Wildlife Refuge is east of town for more hiking and, on clear days, views of Mount Rainer National Park.

Enjoy the beauty of the Pacific Northwest in West Bay Drive.
Enjoy the beauty of the Pacific Northwest in West Bay Drive.
Wander through the woods near South Capitol and enjoy the natural beauty at Watershed.
Wander through the woods near South Capitol and enjoy the natural beauty at Watershed.
Take or short drive or bike ride from South Capitol and relax at the pocket parks by the bay.
Take or short drive or bike ride from South Capitol and relax at the pocket parks by the bay.
South Capitol locals gaze into the beauty of Olympia from the Washington State Capitol Campus.
South Capitol locals gaze into the beauty of Olympia from the Washington State Capitol Campus.
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Historic fixer-uppers near Downtown Olympia, waterfront estates on Budd Inlet

Many people choose Olympia for its budget-friendly housing prices. With a median of $550,000, it’s about the same as Portland but roughly $300,000 cheaper than Seattle. Closer to Eastside , fixer-uppers from the 1920s start at $250,000. Estates in East Bay Drive and West Bay Drive with views of Budd Inlet can reach $1.7 million. New developments from the 2000s and beyond are throughout the city, but they cluster toward Goldcrest and Cain Road .

A spacious modern home sits hills side with harbor views in South Westside.
A spacious modern home sits hills side with harbor views in South Westside.
Traditional single and two-story homes line the streets of South Westside.
Traditional single and two-story homes line the streets of South Westside.
A row of colorful homes in a North East Olympia street.
A row of colorful homes in a North East Olympia street.
Experience coastal living in East Bay Drive’s inviting and picturesque homes.
Experience coastal living in East Bay Drive’s inviting and picturesque homes.
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Top marks for Olympia School District

Olympia School District covers most of the city and has roughly 10,000 students. It gets an A from Niche, and after legislation passed in 2018, every student now receives a Chromebook to facilitate learning. Among many highly rated schools here, Olympia High is an A-rated standout that makes Niche’s top 25 for public high schools in Washington. Evergreen State College is in between Budd and Eld inlets on the city’s northwest side. Its interdisciplinary approach allows students to pick their own interests without the pressure of a traditional major.

The student-teacher ratio at Lincoln Elementary School is 14:1.
The student-teacher ratio at Lincoln Elementary School is 14:1.
Students in the area attend Reeves Middle School.
Students in the area attend Reeves Middle School.
Olympia High School is ranked 31st within Washington.
Olympia High School is ranked 31st within Washington.
Avanti High School is ranked 149th within Washington.
Avanti High School is ranked 149th within Washington.
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Rainy season in the Pacific Northwest, crime rates

Like most of the PNW, Olympia is known for its rain and clouds. It gets roughly 50 inches of rainfall per year, about 20 inches more than the national average. It almost doubles the national average for cloudy days, too, with 230. The wettest, grayest months are November to January, but locals don’t seem to mind much. “You don’t see a lot of people with umbrellas,” Murray says. “It rains so much here that we don’t care much about getting wet. We embrace that because it’s the reason we have these big, beautiful trees.” Still, June to October are drier and sunnier with typical temperatures in the 70s. Air quality can decrease during this time, as wildfire smoke can blow in from the Cascades.

In 2023, Olympia had a monthly average of 139 violent offenses per 100,000 people. That’s slightly higher than state and national rates. The monthly average for property offenses was 379 per 100,000 people, and that’s much higher than state and national levels.

Interstate 5: day trips to Olympic National Park, Pacific Coast

Interstate 5 is the most used freeway in Olympia, winding through downtown into northern and southern Washington. It can back up during rush hour, but traffic is free flowing for most of the day. It also links with U.S. Route 101 on the city’s west side, which goes up to Olympic National Park and National Forest, and other connected freeways go out to the Pacific Coast. Closer to home, Intercity Transit has nearly 20 bus routes throughout Olympia, and neighboring Lacey has the Amtrak Cascades line. This rail goes about 120 miles south to Portland and about 60 miles north to Seattle, but it also travels all the way to Eugene and Vancouver. Olympia Regional Airport doesn't have commercial service, but Seattle-Tacoma International Airport is about 50 miles north.

Matt Medl
Written By
Matt Medl
Kory Ross
Photography Contributed By
Kory Ross
Anne Sheridan
Video By
Anne Sheridan

Interested in learning more about homes in this area? Reach out to Erika Merdich, an experienced agent in this area.

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Parks in this Area

Olympia Housing Trends

Housing Trends

Median List Price
$550,000
Median Sale Price
$534,950
Median Single Family Sale Price
$549,975
Median Townhouse Sale Price
$422,500
Median 2 Bedroom Sale Price
$394,500
Median Change From 1st List Price
0%
Last 12 months Home Sales
880
Median Home Sale Price YoY Change
7%
Average Price Per Sq Ft
$309

Area Facts

Number of Homes
19,069
Number of Homes for Sale
161
Median Year Built
1983
Months of Supply
2.20
Average Single Family Home Size Sq Ft
1,827
Below the national average
1,929
Average Townhouse Size Sq Ft
1,699
Average 2 Bedroom Size Sq Ft
1,733
Average 1 Bedroom Size Sq Ft
1,342
Median Lot Size Sq Ft
9,147

Open Houses

  • Tuesday, Dec 16
    Open Tue 11AM - 4:30PM

    1173 68th Ave SE Unit 20, Olympia, WA 98501

    $728,675

    • 4 Beds
    • 3 Baths
    • 3,042 Sq Ft
    • 1173 68th Ave SE
    • Unit 20

    Welcome to Three Lakes Crossing by award-winning Soundbuilt Homes! On Lot 20, the sought-after Cedar Plan features granite or quartz countertops, soft-close doors & drawers, open railings & LVP floors. The grand kitchen with generous island flows effortlessly into the great room, complemented by a large walk-in pantry & butler’s pantry plus a mudroom from the oversized 2-car garage. Main floor

    Agent Photo
    VonKarl Inman
    eXp Realty
    (360) 426-9386
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  • Tuesday, Dec 16
    Open Tue 11AM - 4:30PM

    1192 68th Ave SE Unit 35, Olympia, WA 98501

    $663,241

    • 4 Beds
    • 2.5 Baths
    • 2,493 Sq Ft
    • 1192 68th Ave SE
    • Unit 35

    Three Lake Crossing by Soundbuilt Homes. 45 New homes 8 floorplans w/ presales to customize & 6 completed homes to move in right away high end standard specs. 3cm slab counters throughout, open railings with iron balusters, fully landscaped and fenced yards and more! Lot 35 features the Juniper plan. This 2493 sq ft home features an open main floor w/ bedroom and nicely sized covered patio.

    Agent Photo
    VonKarl Inman
    eXp Realty
    (360) 987-7342
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  • Tuesday, Dec 16
    Open Tue 10AM - 5PM

    2319 Boxcar St NE Unit 198, Olympia, WA 98506

    $724,995

    • 5 Beds
    • 3 Baths
    • 2,985 Sq Ft
    • 2319 Boxcar St NE
    • Unit 198
    • New 20 days ago

    Welcome to Sleater Crossing by D.R. Horton in Olympia. The Legacy (our model too) is well laid out w/Main floor office that could be a bdrm & 3/4 bath close by. Plus a bonus room on the 2nd floor could double as bedrm as well. So many options! Home features hard surface flooring through main level (excluding office per plan), paint grade cabinets w/soft close drawers & doors, white millwork &

    Kevin Pier D.R. Horton

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Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Neighborhoods in Olympia

Property Mix - Square Feet

Olympia Has More Renters

Demographics

Total Population
57,965
Median Age
41
Population under 18
20.9%
On par with the national average
23.8%
Population over 65
20.3%
On par with the national average
19.1%

Finances

Median Household Income
$69,643
Below the national average
$79,601
Average Household Income
$88,388

Education and Workforce

High School Graduates
95%
College Graduates
45.4%
Above the national average
34.1%
Advanced Degrees
19.4%
Above the national average
13.3%
% Population in Labor Force
64%

Weather

Annual Precipitation
50''
Average Winter Low Temperature
32°F
Average Summer High Temperature
77°F
Annual Snowfall
5''

Area Factors

Biker's Paradise

Bike Score®®

90 / 100

Very Walkable

Walk Score®®

87 / 100

Good Transit

Transit Score®®

59 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Olympia
Erika Merdich
Real Estate With Nik & Co
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