98516
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16 Homes

98516, Olympia, WA homes for sale under $500,000

In the last 30 days, 98516 home prices were down 18.9% compared to last year. The median price of a home was $535,000. View 98516 Market Insights

1 / 30
3 Days on Orchard
Olympia
5430 22nd Ave NE
5430 22nd Ave NE
  • 3 beds
  • 1 bath
  • 1,243 sqft
$450,000
1 / 25
4 Days on Orchard
Olympia
1311 Merkel St NE
1311 Merkel St NE
  • 3 beds
  • 1.5 baths
  • 1,400 sqft
$450,000
1 / 32
5 Days on Orchard
Olympia
7300 32nd Ave NE #8
7300 32nd Ave NE #8
  • 3 beds
  • 2 baths
  • 1,336 sqft
$124,900
1 / 28
9 Days on Orchard
Olympia
7520 14th Ave NE
7520 14th Ave NE
  • 3 beds
  • 1 bath
  • 1,072 sqft
$449,999
1 / 25
Price Drop
Olympia
7300 32nd Ave NE #31
7300 32nd Ave NE #31
  • 2 beds
  • 1.5 baths
  • 924 sqft
$92,000
$110,000
1 / 20
Olympia
7300 32nd Ave NE #3
7300 32nd Ave NE #3
  • 2 beds
  • 1 bath
  • 980 sqft
$35,000
1 / 19
Olympia
3353 Nova St NE
3353 Nova St NE
  • 3 beds
  • 2.5 baths
  • 1,572 sqft
$500,000
1 / 30
Price Drop
Olympia
1342 Alonda Ln NE
1342 Alonda Ln NE
  • 2 beds
  • 2 baths
  • 1,040 sqft
$86,500
$94,500
1 / 14
Price Drop
Lacey
3609 Lanyard Dr NE
3609 Lanyard Dr NE
  • 3 beds
  • 2 baths
  • 1,590 sqft
$459,000
$467,000
1 / 40
Back On Market
Olympia
5230 Puget Rd NE
5230 Puget Rd NE
  • 3 beds
  • 1 bath
  • 1,276 sqft
$475,000
1 / 40
Olympia
3923 Jett Ln NE
3923 Jett Ln NE
  • 3 beds
  • 3 baths
  • 1,960 sqft
$484,900
1 / 34
Price Drop
Lacey
3716 Snowberry St NE
3716 Snowberry St NE
  • 3 beds
  • 2.5 baths
  • 1,442 sqft
$495,000
$510,000
1 / 29
Price Drop
Olympia
2207 Alonda Ln NE
2207 Alonda Ln NE
  • 2 beds
  • 2 baths
  • 1,536 sqft
$107,000
$109,500
1 / 20
Price Drop
Olympia
1350 Alonda Ln NE
1350 Alonda Ln NE
  • 2 beds
  • 2 baths
  • 1,152 sqft
$50,000
$57,000
1 / 30
Olympia
2203 Alonda Ln NE
2203 Alonda Ln NE
  • 2 beds
  • 2 baths
  • 1,536 sqft
$129,950
1 / 22
Price Drop
Olympia
9100 Lewis Dr NE
9100 Lewis Dr NE
  • 3 beds
  • 2.5 baths
  • 1,602 sqft
$488,000
$499,000
Viewing 1-16 of 16 homes

Frequently Asked Questions

What is the median home sale price in 98516, Olympia, WA?
In the last 30 days, the median home sale price in 98516 was $535,000, down 18.9% compared to the same period last year. The "median" price is the middle price - half of the homes here were sold for less, the other half for more.
How many homes are for sale in 98516, Olympia, WA?
There were 82 homes for sale in 98516 as of October 11, 2025. There were 38 new listings within the last 30 days as well. The more homes on the market, the more choices buyers have.
How up-to-date are Orchard's new listings in 98516, Olympia, WA?
The new homes and houses for sale on Orchard's listings pages are updated hundreds of times each day, with listings in 98516 last seen updated at . New listings can appear every day, but many listings first appear on the market mid-week.
How much competition is there to buy a home in 98516, Olympia, WA?
In the last 30 days, the median number of days a home in 98516 remained on the market (DOM) was 21. In areas with a low DOM, homes are sold quickly and the competition is fierce; in areas with higher DOMs, you may have more options and more time to make an offer.