Olympia, WA home prices
Typical home $521,365 · +0.1% in a year · income needed $147,700
The Olympia, WA metro area ranks 66 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed +0.1% in a year and +11.0% over five years. With 20% down at 7.11%, the typical home costs about $3,447 a month including 0.88% property tax (Thurston County rate).
Mortgage on the typical Olympia home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $104,273 | $417,092 | $2,806 | $0 | $641 | $3,447 | $147,700 |
| 10% down | $52,137 | $469,229 | $3,157 | $196 | $641 | $3,993 | $171,100 |
| 5% down | $26,068 | $495,297 | $3,332 | $206 | $641 | $4,180 | $179,100 |
| 3.5% down (FHA) | $18,248 | $511,922 | $3,444 | $231 | $641 | $4,316 | $185,000 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.88% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
Counties in the Olympia area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Thurston County, WA | $521,378 | +0.1% | 0.88% |
What can you afford in Washington on your salary? · Washington home prices · Salaries in Washington
Frequently asked questions
How much is a house in Olympia?
The typical home in the Olympia, WA metro area is worth $521,365 (Zillow, September 2026).
What salary do you need to buy a house in Olympia?
About $147,700 a year for the typical home with 20% down at 7.11%.