The median home value in Olympia is $354,494. Olympia home values have gone up 5.5% over the past year and Zillow predicts they will rise 5.0% within the next year. The median list price per square foot in Olympia is $200, which is higher than the Olympia-Tumwater Metro average of $186. The median price of homes currently listed in Olympia is $365,000 while the median price of homes that sold is $365,600. The median rent price in Olympia is $1,795, which is higher than the Olympia-Tumwater Metro median of $1,748.