Zip Code: 98506 (Olympia, Washington) - Trend of Zillow Home Value Index (ZHVI) for All Homes (SFR, Condo/Co-op), Smooth and Seasonally Adjusted (Zillow)

Updated on March 22, 2026.

According to data from Zillow.com, the smoothed and seasonally adjusted Zillow home value index (ZHVI) for All Homes (SFR, Condo/Co-op) in the 98506 Zip Code (Olympia, Washington) in February 2026 was $535,005.349. The month over month percentage change (MoM) was 0.01%, and the year over year percentage change (YoY) was -0.85%.

The chart below shows the trend of the smoothed and seasonally adjusted ZHVI for the 98506 zip code (Olympia, Washington). The table below shows the trend of the smoothed and seasonally adjusted ZHVI, and the MoM and YoY percentage changes for the 98506 zip code (Olympia, Washington).

You can see similar information for other Washington zip codes, and for Washington.

Note: Zillow Home Value Index (ZHVI) is a measure of the typical home value and market changes across a given region and housing type. It reflects the typical value for homes in the 35th to 65th percentile range.

Data Source: Zillow.
Zip Code: 98506 (Olympia, Washington) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted ($)
Zip Code: 98506 (Olympia, Washington) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted
Items per page:
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Month ZHVI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 248850.92468486782 0.57 5.17
Feb 2015 250209.80143126185 0.55 5.25
Mar 2015 250773.32767993739 0.23 5.08
Apr 2015 251269.457429504 0.20 4.69
May 2015 251948.04658882288 0.27 4.36
Jun 2015 252826.80678732446 0.35 4.41
Jul 2015 253944.39307491176 0.44 4.76
Aug 2015 255517.34666364492 0.62 5.24
Sep 2015 257459.23835091727 0.76 5.51
Oct 2015 259579.77258551316 0.82 5.83
Nov 2015 261751.09451358518 0.84 6.31
Dec 2015 264666.05691887735 1.11 6.96
Jan 2016 267874.56340029393 1.21 7.65
Feb 2016 270621.9297208087 1.03 8.16
Mar 2016 271734.99211469415 0.41 8.36
Apr 2016 272559.7631290905 0.30 8.47
May 2016 273724.52300819126 0.43 8.64
Jun 2016 275907.75019242987 0.80 9.13
Jul 2016 277979.260099497 0.75 9.47
Aug 2016 279814.8894480986 0.66 9.51
Sep 2016 281271.93259804137 0.52 9.25
Oct 2016 282884.2944312506 0.57 8.98
Nov 2016 284875.3635895411 0.70 8.83
Dec 2016 287224.24875386857 0.83 8.52
Jan 2017 290028.0337051535 0.98 8.27
Feb 2017 293094.43819812586 1.06 8.30
Mar 2017 295698.95001363516 0.89 8.82
Apr 2017 297882.1133061245 0.74 9.29
May 2017 299468.97845316347 0.53 9.40
Jun 2017 301440.7983833633 0.66 9.25
Jul 2017 303259.0206325739 0.60 9.09
Aug 2017 305015.3642922013 0.58 9.01
Sep 2017 306746.4007995417 0.57 9.06
Oct 2017 308410.0809084741 0.54 9.02
Nov 2017 310224.0126960626 0.59 8.90
Dec 2017 312239.68401250924 0.65 8.71
Jan 2018 314434.05194418266 0.70 8.41
Feb 2018 316399.4728293784 0.63 7.95
Mar 2018 318379.8798313203 0.63 7.67
Apr 2018 320269.24543503515 0.59 7.52
May 2018 322786.4377543433 0.79 7.79
Jun 2018 325669.55494779703 0.89 8.04
Jul 2018 329233.0141428723 1.09 8.57
Aug 2018 332613.9187445725 1.03 9.05
Sep 2018 335204.794107457 0.78 9.28
Oct 2018 337179.6088023668 0.59 9.33
Nov 2018 338667.26273442595 0.44 9.17
Dec 2018 340323.53000795824 0.49 8.99
Jan 2019 341901.94643131824 0.46 8.74
Feb 2019 343513.02822651155 0.47 8.57
Mar 2019 345216.8320732521 0.50 8.43
Apr 2019 346794.976356327 0.46 8.28
May 2019 348272.6958538121 0.43 7.90
Jun 2019 349657.7749138752 0.40 7.37
Jul 2019 350966.5819253382 0.37 6.60
Aug 2019 352476.4140247795 0.43 5.97
Sep 2019 354423.73104914353 0.55 5.73
Oct 2019 357259.1850893498 0.80 5.96
Nov 2019 360505.24671186524 0.91 6.45
Dec 2019 363954.12185340305 0.96 6.94
Jan 2020 367309.2789771213 0.92 7.43
Feb 2020 370416.76507480064 0.85 7.83
Mar 2020 373639.5961253464 0.87 8.23
Apr 2020 377049.34024010133 0.91 8.72
May 2020 380222.75153557345 0.84 9.17
Jun 2020 382851.41800186364 0.69 9.49
Jul 2020 385436.72098047537 0.68 9.82
Aug 2020 389480.018534044 1.05 10.50
Sep 2020 395331.33167936624 1.50 11.54
Oct 2020 402290.1978823668 1.76 12.61
Nov 2020 409827.16135896713 1.87 13.68
Dec 2020 417127.0536576921 1.78 14.61
Jan 2021 424230.31593401264 1.70 15.50
Feb 2021 432445.2607213049 1.94 16.75
Mar 2021 441574.6349125539 2.11 18.18
Apr 2021 451971.60754486057 2.36 19.87
May 2021 461230.83325814625 2.05 21.31
Jun 2021 468835.2560147 1.65 22.46
Jul 2021 474567.51869367 1.22 23.13
Aug 2021 477359.88046283834 0.59 22.56
Sep 2021 478664.43966382585 0.27 21.08
Oct 2021 478633.79406327795 -0.01 18.98
Nov 2021 479677.49743733485 0.22 17.04
Dec 2021 481851.09121543803 0.45 15.52
Jan 2022 487005.4550547377 1.07 14.80
Feb 2022 495332.18276486103 1.71 14.54
Mar 2022 505974.01653973357 2.15 14.58
Apr 2022 516797.28601069684 2.14 14.34
May 2022 525881.237366635 1.76 14.02
Jun 2022 532403.3144418285 1.24 13.56
Jul 2022 533690.4821068398 0.24 12.46
Aug 2022 530191.3261234172 -0.66 11.07
Sep 2022 523527.40474221617 -1.26 9.37
Oct 2022 517939.84360443335 -1.07 8.21
Nov 2022 513635.24372802273 -0.83 7.08
Dec 2022 510292.81345366576 -0.65 5.90
Jan 2023 506314.7190900534 -0.78 3.97
Feb 2023 503293.4507942659 -0.60 1.61
Mar 2023 501822.4227416126 -0.29 -0.82
Apr 2023 502257.0396878084 0.09 -2.81
May 2023 504106.6606356212 0.37 -4.14
Jun 2023 506513.5306481955 0.48 -4.86
Jul 2023 509450.012008173 0.58 -4.54
Aug 2023 512786.8681230044 0.66 -3.28
Sep 2023 515680.6072226355 0.56 -1.50
Oct 2023 517908.2003027396 0.43 -0.01
Nov 2023 518719.1360995118 0.16 0.99
Dec 2023 519123.3310320974 0.08 1.73
Jan 2024 519375.4331070191 0.05 2.58
Feb 2024 520798.54325488146 0.27 3.48
Mar 2024 523672.2297973999 0.55 4.35
Apr 2024 527600.5191010488 0.75 5.05
May 2024 531131.5892862891 0.67 5.36
Jun 2024 532916.1881845352 0.34 5.21
Jul 2024 533154.3261365535 0.05 4.65
Aug 2024 532694.5082151355 -0.09 3.88
Sep 2024 533282.8142995015 0.11 3.41
Oct 2024 534884.6267659273 0.30 3.28
Nov 2024 537021.8648657863 0.40 3.53
Dec 2024 538925.7066646095 0.36 3.82
Jan 2025 539924.1194224566 0.19 3.96
Feb 2025 539600.1741288439 -0.06 3.61
Mar 2025 537744.4763148255 -0.34 2.69
Apr 2025 535640.5565472377 -0.39 1.52
May 2025 533870.329642143 -0.33 0.52
Jun 2025 532645.881990234 -0.23 -0.05
Jul 2025 531672.91639152 -0.18 -0.28
Aug 2025 531041.186619497 -0.12 -0.31
Sep 2025 530885.3521354926 -0.03 -0.45
Oct 2025 531207.3937601587 0.06 -0.69
Nov 2025 532214.3948268999 0.19 -0.89
Dec 2025 533552.0257925814 0.25 -1.00
Jan 2026 534936.7741430076 0.26 -0.92
Feb 2026 535005.3489021816 0.01 -0.85