According to statistics, the population in Olympia, WA amounts to 49,928, which shows decline 1% compared to the previous year. The median age of the city’s residents is 38. The average household income is $55,539, shifting growth 2% from the past year, and the average property value in Olympia, WA growth 8% to $265,400 throughout the year.
|Number Of Employees||24,317|
|Median Property Value||$265,400|
The average household income in Olympia, WA grew from $54,523 to $55,539 in the past year. This data is an estimate based upon 21,960 households in Olympia, WA . The chart below presents how household income is distributed in Olympia, WA in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Olympia, WA shifted from $246,100 to $265,400 throughout the year. The subsequent graph indicates the share of properties in the given price range in Olympia, WA in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Olympia, WA properties falls in the '$300,000 to $399,999' range, which is higher than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Olympia, WA compared to median property taxes around the country. The prevalent amount of property taxes in Olympia, WA equals $3000, which is less than the national average.
|Apartment Size||Jul||vs Last Month|
|Studio for sale||$356,600||N/A|
|1 bed for sale||$245,316||N/A|
|2 bed for sale||$332,487||-23.5%|
|3 bed for sale||$575,355||+2.5%|
|4+ bed for sale||$598,342||-7.9%|
During Jul 2022, the average price for an apartment in/near Olympia, WA decreased by 1.3% to $533,788.
After collecting all data points, we now see that the average price for 1-bed apartment stands at $245,316 with no changes this month. Asking price for 2-bed apartment also decreased by 23.5% and a place of this size will now cost you $332,487. A 3-bed apartment goes for $575,355, it increased by 2.5% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 7.9% and made it down to $598,342.
|Listing Type||Jul||vs Last Month|
|Houses for sale||$540,538||-3.3%|
|Land for sale||$219,000||+73.8%|
|Condos for sale||$355,350||N/A|
|Townhouses for sale||$559,963||-41.6%|
|Apartments for sale||$59,900||N/A|
While assessing the property pricing Olympia, WA, you can note that it remains flat with a price tag of $59,900. Price reports demonstrate that house price decreased by 3.3% this month making it up to $540,538. Condo prices remain stable. Condo for sale is now available for the same pricing as previously — $355,350. The property value of townhouses decreased by 41.6%, you’ll have to spend around $559,963 to get one.