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Preforeclosure Homes in Olympia, WA

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Living in Olympia, WA

Olympia, WA, is a charming capital city nestled between the Puget Sound and the lush green of the Cascade Mountains. It offers a rich cultural landscape, lively community events, and access to outdoors activities. With diverse dining options and educational facilities, Olympia is an ideal place for families and individuals seeking both urban convenience and natural beauty.

Current Market Conditions in Olympia, WA

The Olympia real estate market has been experiencing steady growth, with demand for homes remaining strong. As the state capital, Olympia attracts both residents and investors looking for properties close to government resources and vibrant local culture. Average home prices have shown an upward trend, reflecting the city's appealing lifestyle and amenities.

Investors can benefit from the increasing interest in Olympia, especially as new developments and businesses continue to emerge. With a growing population and an influx of residents seeking affordable housing compared to larger metropolitan areas, Olympia presents promising opportunities for real estate investment.

Home Value Estimator For Olympia, WA

There are currently 58,935 real estate properties in Olympia, WA, with a median automated valuation model (AVM) price of $529,312.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Olympia, WA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Olympia, WA, is $601,544.00, with the most expensive house in Olympia, WA, topping out at $56,696,612.00 and the cheapest home in Olympia, WA, clocking in at $10,200.00. In other words, there’s something for every potential homebuyer or savvy investor in Olympia, WA!

Rent Prices In Olympia, WA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Olympia, WA, is on a rollercoaster ride. The average rent price in Olympia, WA, is $1,733.00. Indeed, when looking to rent in Olympia, WA, you can expect to pay as little as $650.00 or as much as $5,180.00, with the average rent median estimated to be $1,690.00. The good news is that finding an affordable and desirable property to rent in Olympia, WA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Olympia, WA Preforeclosure Homes


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