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Olympia is located in the state of Washington and a city and seat of Thurston County that is on Budd Inlet and Capitol Lake at the mouth of Deschutes River on the southwestern of Tacoma. The area where the present-day Olympia was laid out as Smithfield in 1851 and became the site of the United States custom house and was then renamed after the nearby Olympic Mountains. The area was chosen as Washington Territory’s capital in 1853 and was subsequently developed its port facilities and was a lumber-based economy, and was then augmented by oyster farming, brewing, dairying, and other industries. The city’s harbor serves as the base of a large merchant fleet that contains a mixed industrial complex.

Home Prices

AVERAGE
499,656 -1%
MEDIAN
431,135 -3%

Relative Price (per sqft.)

PRICE
213 +12%

Listings

ACTIVE
218 -15%
NEW
176 -2%

Market Duration

DAYS
38 +15%
Population 48,338 (12.10%)
House Size (sqft.) 2,105 (-5.74%)