Cities with the most expensive homes in the Olympia metro area

Written by:
October 22, 2024
Arina P Habich // Shutterstock

Cities with the most expensive homes in the Olympia metro area

Purchasing a home is one of the most important investments there is. More than a place to live, homeownership is an asset with the potential to tremendously rise in value. But with home prices reaching record heights, affordability plays a huge role for buyers.

The typical home value in the United States was $360,999 in September, 2.4% higher than the year before.

High mortgage rates are also making monthly payments more expensive; as of October 17, the 30-year fixed mortgage rate sits at 6.44%.

Although home prices have inflated all across the U.S., there are some cities that command a higher price tag than others. Location, size, age, and condition are all contributing factors to home value.

Stacker compiled a list of cities with the most expensive homes in the Olympia metro area using data from Zillow. Charts show the monthly typical home value since January 2018. All 8 cities and towns with data available were included in the list.

1 / 8
Stacker

#8. Bucoda, WA

- Typical home value: $283,768
- 1-year price change: +4.9%
- 5-year price change: +69.7%

2 / 8
Stacker

#7. Yelm, WA

- Typical home value: $470,234
- 1-year price change: +3.9%
- 5-year price change: +59.0%

3 / 8
Stacker

#6. Lacey, WA

- Typical home value: $493,360
- 1-year price change: +3.3%
- 5-year price change: +56.2%

4 / 8
Stacker

#5. Tenino, WA

- Typical home value: $495,516
- 1-year price change: +4.8%
- 5-year price change: +56.4%

5 / 8
Stacker

#4. Rainier, WA

- Typical home value: $501,421
- 1-year price change: +6.4%
- 5-year price change: +69.0%

6 / 8
Stacker

#3. Rochester, WA

- Typical home value: $504,319
- 1-year price change: +5.1%
- 5-year price change: +58.2%

7 / 8
Stacker

#2. Tumwater, WA

- Typical home value: $504,804
- 1-year price change: +2.8%
- 5-year price change: +53.0%

8 / 8
Stacker

#1. Olympia, WA

- Typical home value: $531,930
- 1-year price change: +3.0%
- 5-year price change: +50.8%

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