Markets/Washington/Olympia-Lacey-Tumwater

Olympia-Lacey-Tumwater, WA Real Estate Market 2026

Investor-grade market analytics for Olympia-Lacey-Tumwater, Washington. Data from Zillow ZHVI, FRED, Census ACS, and FEMA NRI. Updated monthly.

Median Home Price

$518,309

+0.3% year-over-year

Est. Rental Yield

4.7%

gross annual

12-Month Forecast

-6.1%

base case (Zillow ZHVF)

-6.1% year-over-year

Olympia-Lacey-Tumwater Market Summary

Olympia-Lacey-Tumwater, WA is in a stabilization phase with 0.3% year-over-year appreciation, suggesting cooling demand and a shift toward balanced conditions. Affordability is moderately stretched with a price-to-income ratio of 5.51x, above the national average of 4.8x. Modest net positive migration (+1,023 returns/year) provides steady demand support. Climate risk is elevated (70/100), which may impact insurance costs and long-term property values. Rental yield of 4.7% is moderate, offering acceptable cash flow for leveraged investments.

Affordability

Affordability Score64/100
Price-to-Income Ratio5.5x (national avg 4.8x)
Median Household Income$93,985

Price Forecast Scenarios

12-month projection (Zillow ZHVF model)

Bear Case-9.2%
Base Case-6.1%
Bull Case-3.1%

Climate & Natural Hazard Risk

Olympia-Lacey-Tumwater, WA's primary climate exposure is flooding (50/100). The composite climate risk score of 70/100 (High) indicates overall risk which may increase insurance premiums and impact property values over time. Buyers should consider climate-related insurance costs and potential future regulatory changes.

Source: FEMA National Risk Index

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Olympia-Lacey-Tumwater Real Estate Market Data 2026 | Lotlytics | Lotlytics