Olympia, WA 98506 Landlot Properties For Sale
The median home value in Olympia, WA 98506 is $496,300. This is higher than the county median home value of $495,000. The national median home value is $338,100. The average price of homes sold in Olympia, WA 98506 is $496,300. Approximately 65.35% of Olympia, WA 98506 homes are owned, compared to 30.23% rented, while 4.42% are vacant. Olympia, WA 98506 real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you're interested in, contact a Olympia, WA 98506 real estate agent to arrange a tour today!
Learn More About Olympia, WA 98506 Real EstateStatistics & facts
17,862
Population
$496K
Medium Home Value
8,561
# of Households
4.42%
Housing Vacancy
44.04%
Future Job Growth
3.80%
Unemployment Rate
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the Spartanburg Association of REALTORS®. IDX information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable, but not guaranteed. Copyright 2025 Spartanburg Association of Realtors. All rights reserved.
Population
Olympia, WA 98506 has a population of approximately 17,862 and experiences a population change rate of 2.62%. The population density is 798.2 / sq mi.
Household
The median household income for Olympia, WA 98506 is $79,833, with 8,561 households and an average household size of 2.1.
Cost of Living
The cost of living index in Olympia, WA 98506 is 116.6%.
Home Value
The median value of a home in Olympia, WA 98506 is $496,300 with an appreciation rate of 16.1%. 65.3% of housing in the zip code is owned while 30.2% is rented.
Employment
The unemployment rate in Olympia, WA 98506 is 3.80%, and recent job growth is at 3.60%. Future job growth is projected at 44.04%.
Taxes
The sales tax rate in Olympia, WA 98506 is 9.50%, while the income tax rate is 0.00%.
Education
School expenditures in Olympia, WA 98506 are $17,104, and the school ratio is 18:1.
Weather
The average high temperature in July is 76.9 degrees, with an average low temperature in January of 34.2 degrees. The average rainfall is approximately 55 inches per year, with 5.8 inches of snow per year.
Education near Olympia WA, 98506
| Metric | City | County |
|---|---|---|
| High School Graduates | 95.12 | 94.18 |
| College Degree - 2 year | 9.52 | 10.91 |
| College Degree - 4 year | 46.31 | 36.19 |
| Graduate Degree | 14.14 | 10.16 |
| Expenditures per Student | $17,104 | $17,104 |
| Students per Teacher | 18.00 | 18.00 |
Elementary Schools near Olympia WA , 98506
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| Boston Harbor Elementary School | KG - 05 | 151 | 13.6 | 98506 |
| Centennial Elementary Olympia | KG - 05 | 530 | 18.1 | 98501 |
| Griffin School | KG - 08 | 653 | 17.9 | 98502 |
| Lakes Elementary School | PK - 06 | 734 | 18.6 | 98503 |
| Mountain View Elementary School | PK - 06 | 658 | 15 | 98503 |
| Olympia Regional Learning Academy B | KG - 06 | 156 | 25.7 | 98506 |
| Olympic View Elementary School | KG - 06 | 703 | 19.6 | 98516 |
| Peter G Schmidt Elementary School | KG - 06 | 527 | 13 | 98501 |
| Roosevelt Elementary School | KG - 05 | 420 | 17.3 | 98506 |
| Seven Oaks Elementary School | PK - 06 | 575 | 15.4 | 98503 |
| South Bay Elementary School | PK - 06 | 631 | 17.3 | 98506 |
| Woodland Elementary School | KG - 06 | 573 | 15.5 | 98503 |
Middle Schools near Olympia WA , 98506
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| Chinook Middle School | 06 - 08 | 1000 | 21.8 | 98516 |
| Jefferson Middle School | 06 - 08 | 413 | 18.4 | 98502 |
| Komachin Middle School | 07 - 08 | 772 | 20.1 | 98503 |
| Nisqually Middle School | 06 - 08 | 805 | 18.9 | 98503 |
| Reeves Middle School | 06 - 08 | 403 | 18.4 | 98506 |
| Thurgood Marshall Middle School | 06 - 08 | 383 | 18.4 | 98502 |
| Washington Middle School | 06 - 08 | 758 | 21.5 | 98501 |
High Schools near Olympia WA , 98506
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| Capital High School | 09 - 12 | 1402 | 22.4 | 98502 |
| North Thurston High School | 09 - 12 | 1477 | 21 | 98506 |
| Olympia High School | 09 - 12 | 1785 | 23.1 | 98501 |
| Timberline High School | 09 - 12 | 1734 | 22.5 | 98503 |
| Tumwater High School | 09 - 12 | 1177 | 21.6 | 98501 |
Ungraded Schools near Olympia WA , 98506
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| * Avanti High School | 09 - 12 | 155 | 20.3 | 98501 |
| * New Market High School | 10 - 12 | 71 | 71 | 98501 |
| * New Market Skills Center | 11 - 12 | 1 | 0.1 | 98501 |
| * South Sound High School | 09 - 12 | 196 | 22.6 | 98516 |
| Olympia Regional Learning Academy | KG - 12 | 303 | 44.4 | 98506 |
| Touchstone | 06 - 12 | 5 | 5 | 98506 |
