Market Intelligence Report — WA-500

Olympia-Lacey-Tumwater, WA

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-WA-09
As of the latest 2026 data
Cooling

Median Listing

$570K
-0.5% YoY

Pending Ratio

0.36
-10.4% YoY

Active Inventory

1,030
+27.8% YoY

Median DOM

60 Days
+10.2% YoY

Primary Intelligence Tool — Sold Score™

Will your home sell in today's cooling Olympia-Lacey-Tumwater market?

Sold Score™ analyzes 40+ local data points to estimate your home's probability of sale in the next 60 days across Olympia-Lacey-Tumwater, WA.

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The Olympia-Lacey-Tumwater metropolitan area is currently experiencing a cooling phase, characterized by a pending ratio of 0.36. Active listings have seen a substantial year-over-year increase of 27.8%.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Job Market

3.4%-0.5 pp YoY

Unemployment rate · Sep 2026

Shows whether local employment conditions are supporting buyer demand.

U.S. Bureau of Labor Statistics via FRED (St. Louis Fed).

Population & Migration

304,261+0.7% YoY

Resident population · Jan 2025

Shows whether the area is gaining or losing potential housing demand.

U.S. Census Bureau via FRED (St. Louis Fed).

Future Housing Supply

Data not yet available.

Shows whether future inventory pressure may increase.

Market Analysis

What's moving the Olympia-Lacey-Tumwater market right now.

Inventory continues to expand, with active listings up 27.8% year-over-year, reaching 1,030 units. New listings remained relatively stable, decreasing by 1.8% year-over-year. The median listing price showed marginal month-over-month growth of 0.1% but a slight year-over-year decline of 0.5%, indicating softer pricing momentum. The pending ratio has contracted significantly, falling 10.4% year-over-year to 0.36.

Historical Analysis

Market Trends

Median Price

$570K+0.1% MoM

Active Inventory

1,030+27.8% YoY

Days on Market

60+10.2% YoY

Sold Score™

44-10.4% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

44
Oct 23Sep 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Oct 23Sep 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Oct 23May 24Dec 24Jul 25Feb 26Sep 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

Negotiating leverage is shifting as market pace slows, evidenced by median days on market extending to 60, a 10.2% increase year-over-year. The growing inventory mitigates pressure on supply, allowing for more extended consideration periods. Price discipline appears to be tested, with 28.1% of listings experiencing price reductions.

Luxury Segment

The average listing price has declined by 3.1% year-over-year to $661,383, while the median price saw a modest 0.5% year-over-year decrease. The wider spread between the average and median listing prices, coupled with a slight decline in median $/sqft year-over-year (when considering overall price decline vs. $/sqft increase), suggests some softening in the higher-priced segments.

Supply Dynamics

1,030 active listings represent the current floor, with new supply arriving at roughly 324 per month.

Pricing Pressure
28.1%

of active listings carry a price reduction, +2.4% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +0.8% year-over-year.

Absorption
0.36

Pending-to-active ratio — Cooling.

Recommended For This Market

Cooling

Selling in Olympia-Lacey-Tumwater, WA? Homes here are taking 6 days longer to sell than last year.

Buyers have leverage in Olympia-Lacey-Tumwater, WA. Homes that sell are the ones priced and presented for today's conditions, not last year's.

Buyer Demand Index
36%
Median Days on Market
60 days
Inventory YoY
+28%

In a buyer's market, strategy beats timing. See how your home scores in Olympia-Lacey-Tumwater, WA and what moves the number.

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Metro Demographics

Metro Area
Olympia-Lacey-Tumwater, WA
CBSA Code
36500
State
WA

ZIPs in Olympia-Lacey-Tumwater, WA

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