Home prices
The median home in Olympia is valued at $297,200. Compared to other places in this area this is approximately $39,760 (15%) higher.Compared to the US as a whole it is approximately $79,700 (36%) higher, and compared to the city of Seattle is roughly $365,900 (55%) lower.
Rents
The median monthly rent in Olympia is $1,145. In comparison to other places in this area this is roughly $171 (12%) lower.Compared to the nation as a whole it is about $83 (7%) higher, and compared to the city of Seattle it is roughly $469 (29%) lower.
Nearby places
Tumwater
Tumwater is Olympia's neighbor to the south. Housing prices there are pretty similar. Tumwater's median home price is $286,700, which works out to $10,500 (3%) lower than Olympia. Rent there is pretty similar. The median monthly rent in Tumwater is $1,196, which works out to $51 (4%) higher than Olympia.
Lacey
Lacey is Olympia's neighbor to the east. Housing prices there are a bit less expensive. The median home cost in Lacey is $262,500, which works out to $34,700 (13%) lower than Olympia. Rent there is somewhat more expensive. The median rent in Lacey is $1,333 a month, which comes out to $188 (14%) higher than Olympia.
Tanglewilde
Tanglewilde is about 4 miles east of Olympia. The housing prices there are somewhat less expensive. Tanglewilde's median home value is $243,700, which is $53,500 (21%) lower than Olympia. Rents there are fairly similar. Tanglewilde's median monthly rent is $1,183, which works out to $38 (3%) higher than Olympia.
DuPont
DuPont is roughly 10 miles east of Olympia. The real estate prices there are a bit more expensive. The median home price in DuPont is $328,900, which comes out to $31,700 (9%) higher than Olympia. Rent there is substantially more expensive. The median rent in DuPont is $1,787 a month, which works out to $642 (35%) higher than Olympia.
Tenino
Tenino is approximately 11 miles south from Olympia. The housing prices there are substantially less expensive. Tenino's median home value is $165,400, which works out to $131,800 (79%) lower than Olympia. Its rents are somewhat less expensive. Tenino's median rent is $1,080 per month, which is $65 (6%) lower than Olympia.