34Alpha

Olympia, WA metro area Housing Market Brief

metro · WA · score computed September 2026

Buyer's

What is Olympia, WA metro area’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
●10
Inventory Health25%
●67

Population band 5 of 5 (population 278,335–19,798,537) · comparable within its band

Affordability20%
●14
Economic Strength20%
●46
Rental Yield15%
●21

Where is Olympia, WA metro area in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Olympia, WA metro area is classified as Recovering — turning back up after a downturn. This is a classification of recent (1–12 month) momentum, not a price forecast.

What’s the forecast for Olympia, WA metro area?

Our model forecasts Olympia, WA metro area’s home prices to rise about 3.0% over the next 12 months (high confidence).

This is a separate, forward-looking view — not the cycle classification above. See how past forecasts performed on the track record, or the full local forecast with its confidence range on the market page.

Olympia, WA metro area housing market data

MetricValueYoY
Median Sale Price$539K▲ +0.4%
Median Days on Market57 days▲ +23.9%
Months of Supply3.3▲ +32%
Homes for Sale1,179▲ +31.3%
Homes Sold364▼ -0.8%
Median Price / Sq Ft$299▼ -0.5%

Markets like Olympia, WA metro area

Frequently asked questions

Is Olympia, WA metro area a buyer's or seller's market?

In the scores computed September 2026, Olympia, WA metro area is classified as a Buyer's Market, based on its Alpha Score of 34 out of 100. The classification reflects current price, building, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Olympia, WA metro area?

The median sale price in Olympia, WA metro area is $539K, having held roughly steady over the past year.

How affordable is Olympia, WA metro area?

Olympia, WA metro area scores 14 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other metros.

What's driving Olympia, WA metro area's Alpha Score?

Olympia, WA metro area's strongest dimension is Inventory Health (67/100) and its weakest is Price Momentum (10/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Olympia, WA metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.