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Downtown Olympia Homes for Sale

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  • 1227 Cherry St SE Unit 107, Olympia, WA 98501
    1227 Cherry St SE Unit 107, Olympia, WA 98501
    1227 Cherry St SE Unit 107, Olympia, WA 98501
    /35

    $649,900

    • 2 Beds
    • 2.5 Baths
    • 1,898 Sq Ft

    1227 Cherry St SE Unit 107, Olympia, WA 98501

    Introducing Thirteen + Cherry Townhomes, a fresh expression of urban luxury in the heart of downtown Olympia. All of these units are backed by an 8-year property tax exemption & A BONUS $15K FLEX CASH toward interest rate buy-downs or closing costs. These two incentives equate to over $50k in savings!” Steps from the state capital and surrounded by the city’s best dining, boutiques, and cultural

    Jamie Michaud Windermere Prof Partners

    1227 Cherry St SE Unit 107, Olympia, WA 98501
  • 518 13th Ave SE Unit 102, Olympia, WA 98501
    518 13th Ave SE Unit 102, Olympia, WA 98501
    518 13th Ave SE Unit 102, Olympia, WA 98501
    /33

    $599,900

    Open Sat 1PM - 3PM
    • 2 Beds
    • 2.5 Baths
    • 1,755 Sq Ft

    518 13th Ave SE Unit 102, Olympia, WA 98501

    Introducing Thirteen + Cherry Townhomes, a fresh expression of urban luxury in the heart of downtown Olympia. All of these units are backed by an 8-year property tax exemption & A BONUS $15K FLEX CASH toward interest rate buy-downs or closing costs. These two incentives equate to over $50k in savings!” Steps from the state capital and surrounded by the city’s best dining, boutiques, and cultural

    Jamie Michaud Windermere Prof Partners

    518 13th Ave SE Unit 102, Olympia, WA 98501
  • 1225 Cherry St SE Unit 108, Olympia, WA 98501
    1225 Cherry St SE Unit 108, Olympia, WA 98501
    1225 Cherry St SE Unit 108, Olympia, WA 98501
    /33

    $599,900

    Open Sat 1PM - 3PM
    • 2 Beds
    • 2.5 Baths
    • 1,755 Sq Ft

    1225 Cherry St SE Unit 108, Olympia, WA 98501

    Introducing Thirteen + Cherry Townhomes, a fresh expression of urban luxury in the heart of downtown Olympia. All of these units are backed by an 8-year property tax exemption & A BONUS $15K FLEX CASH toward interest rate buy-downs or closing costs. These two incentives equate to over $50k in savings!” Steps from the state capital and surrounded by the city’s best dining, boutiques, and cultural

    Jamie Michaud Windermere Prof Partners

    1225 Cherry St SE Unit 108, Olympia, WA 98501
  • 522 13th Ave SE Unit 103, Olympia, WA 98501
    522 13th Ave SE Unit 103, Olympia, WA 98501
    522 13th Ave SE Unit 103, Olympia, WA 98501
    /33

    $599,900

    Open Sat 1PM - 3PM
    • 2 Beds
    • 2.5 Baths
    • 1,755 Sq Ft

    522 13th Ave SE Unit 103, Olympia, WA 98501

    Introducing Thirteen + Cherry Townhomes, a fresh expression of urban luxury in the heart of downtown Olympia. All of these units are backed by an 8-year property tax exemption & A BONUS $15K FLEX CASH toward interest rate buy-downs or closing costs. These two incentives equate to over $50k in savings!” Steps from the state capital and surrounded by the city’s best dining, boutiques, and cultural

    Jamie Michaud Windermere Prof Partners

    522 13th Ave SE Unit 103, Olympia, WA 98501
  • 921 5th Ave SE, Olympia, WA 98501
    921 5th Ave SE, Olympia, WA 98501
    921 5th Ave SE, Olympia, WA 98501
    /30

    $425,000

    $25K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,277 Sq Ft

    921 5th Ave SE, Olympia, WA 98501

    Original 1929 character meets thoughtful modern updates in this stylish, ultra cool three bedroom, two bathroom urban cottage. Newly refinished fir floors bring warmth, patina, and a sense of craftsmanship rarely found in newer homes. The functional kitchen features granite tile counters, oak cabinetry, and a layout designed to make the most of the available space. A remodeled main-floor bathroom

    Karen Schrank Century 21 Van Dorm Realty

    921 5th Ave SE, Olympia, WA 98501
  • 530 13th Ave SE Unit 106, Olympia, WA 98501
    530 13th Ave SE Unit 106, Olympia, WA 98501
    530 13th Ave SE Unit 106, Olympia, WA 98501
    /33

    $649,900

    Open Sat 1PM - 3PM
    • 2 Beds
    • 2.5 Baths
    • 1,898 Sq Ft

    530 13th Ave SE Unit 106, Olympia, WA 98501

    Introducing Thirteen + Cherry Townhomes, a fresh expression of urban luxury in the heart of downtown Olympia. All of these units are backed by an 8-year property tax exemption & A BONUS $15K FLEX CASH toward interest rate buy-downs or closing costs. These two incentives equate to over $50k in savings!” Steps from the state capital and surrounded by the city’s best dining, boutiques, and cultural

    Jamie Michaud Windermere Prof Partners

    530 13th Ave SE Unit 106, Olympia, WA 98501
  • 906 908 Adams St SE, Olympia, WA 98501
    906 908 Adams St SE, Olympia, WA 98501
    906 908 Adams St SE, Olympia, WA 98501
    /19

    $998,000

    $52K PRICE DROP
    • 4,776 Sq Ft

    906 908 Adams St SE, Olympia, WA 98501

    Unique Investor or Developer Opportunity in Downtown Olympia! Don't miss this one! Listing includes a duplex and 7-plex on one parcel and a leased parking lot. Under market rents, all tenants on month to month tenancy. Units offer a mix of studios and one-bedrooms. Parking spots lease for $30/mo with over 20 stalls! Close to downtown, waterfront, and shopping. Zoned UR (Urban Residential), allows

    Jeff Weeks Olympic Sotheby's Int'l Realty

    906 908 Adams St SE, Olympia, WA 98501
  • 1213 Cherry St SE Unit 112, Olympia, WA 98501
    1213 Cherry St SE Unit 112, Olympia, WA 98501
    1213 Cherry St SE Unit 112, Olympia, WA 98501
    /34

    $649,900

    New Construction
    • 1 Bed
    • 2.5 Baths
    • 1,889 Sq Ft

    1213 Cherry St SE Unit 112, Olympia, WA 98501

    Introducing Thirteen + Cherry Townhomes, a fresh expression of urban luxury in the heart of downtown Olympia. Steps from the state capital and surrounded by the city’s best dining, boutiques, and cultural experiences, this new community offers an exceptional blend of vibrancy and tranquility. Each residence features 2 bedrooms, an office, and 2.5 baths, thoughtfully designed to create a private,

    Justin Hjelm Capitol Real Estate LLC

    1213 Cherry St SE Unit 112, Olympia, WA 98501
  • 710 11th Ave SE, Olympia, WA 98501
    710 11th Ave SE, Olympia, WA 98501
    710 11th Ave SE, Olympia, WA 98501
    /32

    $429,000

    • Land
    • 16,801 Sq Ft
    • $1,112,263 per Acre

    710 11th Ave SE, Olympia, WA 98501

    Rare infill multifamily development opportunity in the heart of Olympia. This UR-zoned 16,801 SF parcel, formerly known as the Trestle Union Apartments project, was previously planned for a 9-unit multifamily development. Prior approvals have expired; however, extensive prior development documents are available for review, including civil/site plans, architectural plans, structural plans, and

    Matthew Romero Windermere Prof Partners

    710 11th Ave SE, Olympia, WA 98501
  • 1221 Cherry St SE Unit 109, Olympia, WA 98501
    1221 Cherry St SE Unit 109, Olympia, WA 98501
    1221 Cherry St SE Unit 109, Olympia, WA 98501
    /33

    $599,900

    Open Sat 1PM - 3PM
    • 2 Beds
    • 2.5 Baths
    • 1,755 Sq Ft

    1221 Cherry St SE Unit 109, Olympia, WA 98501

    Introducing Thirteen + Cherry Townhomes, a fresh expression of urban luxury in the heart of downtown Olympia. All of these units are backed by an 8-year property tax exemption & A BONUS $15K FLEX CASH toward interest rate buy-downs or closing costs. These two incentives equate to over $50k in savings!” Steps from the state capital and surrounded by the city’s best dining, boutiques, and cultural

    Jamie Michaud Windermere Prof Partners

    1221 Cherry St SE Unit 109, Olympia, WA 98501
Washington Thurston County Olympia

Real Estate & Homes for Sale in Downtown Olympia, Olympia

Why Live in Downtown Olympia
Downtown Olympia — affectionately called “Downtown Oly” — is the lively heart of Washington’s capital city. The neighborhood has modern condos and townhomes alongside established single-family homes near the Capitol. Between Capitol Lake and the Puget Sound, it blends scenic beauty with a strong creative vibe. Art is everywhere, from colorful murals to the Traffic Box Wrap project that turns ordinary streets into open-air galleries. The 30-block Creative District is packed with over 100 businesses, including record shops, galleries and performance spaces. The Washington Center for Performing Arts and Harlequin Productions have regular live shows. Community events bring even more energy to the area. The Olympia Arts Walk celebrates local talent, while the Procession of the Species parade adds a nature-inspired twist. Dining options span from American comfort food to Thai, Vietnamese, Mexican and South Indian cuisine. Green spaces such as Heritage Park and Percival Landing Park offer waterfront views and walking trails. Yashiro Japanese Garden is a serene destination. Families appreciate the highly rated schools, including Madison Elementary and Avanti High. Getting around is easy with fare-free public transit, bike lanes and pedestrian-friendly paths, plus quick access to Interstate 5 for trips to Tacoma or Seattle.
Learn more about living in Downtown Olympia

Downtown Olympia, Olympia, WA Home Prices vs. Nearby Neighborhoods

Downtown Olympia Southeast Capitol Boulevard South Westside West Bay Drive
Median Home Price
$555,950
$599,950
$525,000
$659,850
Median Sale Price
$445,920
+6% YoY
$557,500
-1% YoY
$500,000
-5% YoY
$655,000
+28% YoY
Median Single Family Price
$425,000
$560,000
$529,950
$365,000
Total Active Listings
7 listings
9 listings
7 listings
0 listings
Market Conditions
12 Months of Supply
Buyer's Market
3 Months of Supply
Seller's Market
2 Months of Supply
Seller's Market
0 Months of Supply
Seller's Market

Frequently Asked Questions

Is Downtown Olympia a good place to live?
Downtown Olympia is a good place to live. Downtown Olympia is considered somewhat walkable and very bikeable with great transit options. Downtown Olympia is a suburban neighborhood. Downtown Olympia has 20 parks for recreational activities.It is fairly sparse in population with 5.0 people per acre and a median age of 42. The average household income is $59,724 which is below the national average. College graduates make up 48% of residents. A majority of residents in Downtown Olympia are renters, with 94% of residents renting and 6% of residents owning their home. A local real estate agent serving Downtown Olympia can help you decide if this neighborhood is the right one for you. Learn more on our Downtown Olympia neighborhood guide.
How much do you need to make to afford a house in Downtown Olympia?
The median home price in Downtown Olympia is $555,950. If you put a 20% down payment of $111,200 and had a 30-year fixed mortgage with an interest rate of 6.66%, your estimated principal and interest payment would be $2,860 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $123K a year to afford the median home price in Downtown Olympia. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Downtown Olympia is $60K.
What are the best public schools in Downtown Olympia?
The best public schools that serve Downtown Olympia are:
What are the best private schools in Downtown Olympia?
The best private schools that serve Downtown Olympia are:
What are the most popular zip codes in Downtown Olympia, Olympia, WA?
The most popular zip codes in Downtown Olympia, Olympia, WA include 98501, 98506, 98502, 98512 and 98503.
What are the most popular neighborhoods near Downtown Olympia, Olympia, WA?
The most popular neighborhoods near Downtown Olympia, Olympia, WA are Northeast Olympia, Bigelow Highlands, South Westside, Eastside and South Capitol.
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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2026 NWMLS.
Based on information submitted to the MLS GRID
Listings courtesy of Northwest Multiple Listing Service (NWMLS) as distributed by MLS GRID

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