Cities with the most expensive homes in the Olympia metro area
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, plays a huge role for buyers.
The typical home value in the United States was $372,057 in June, 1.1% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of July 16, the sits at 6.55%.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.
compiled a list of cities with the most expensive homes in the Olympia metro area using data from . Charts show the monthly typical home value since January 2018. All 8 cities and towns with data available were included in the list.
#8. Bucoda, WA
- Typical home value: $323,707
- 1-year price change: +4.2%
- 5-year price change: +22.0%
#7. Yelm, WA
- Typical home value: $490,817
- 1-year price change: +0.7%
- 5-year price change: +13.4%
#6. Tenino, WA
- Typical home value: $516,993
- 1-year price change: +1.1%
- 5-year price change: +16.0%
#5. Lacey, WA
- Typical home value: $518,901
- 1-year price change: +0.2%
- 5-year price change: +14.8%
#4. Rochester, WA
- Typical home value: $519,586
- 1-year price change: +1.4%
- 5-year price change: +17.7%
#3. Rainier, WA
- Typical home value: $525,092
- 1-year price change: +1.7%
- 5-year price change: +21.7%
#2. Tumwater, WA
- Typical home value: $530,540
- 1-year price change: +0.7%
- 5-year price change: +14.8%
#1. Olympia, WA
- Typical home value: $538,646
- 1-year price change: -0.2%
- 5-year price change: +14.2%