98516, Olympia, WA

The Olympia, Washington zip code 98516 has a median home value of $269,900 and a median home equity of $146,000. These values are higher than the national median home value of $177,500 and the median home equity of $130,000. The Olympia zip code is also more expensive than the statewide median home value of $227,200 and the statewide median home equity of $128,100.

There are several factors that may contribute to these high values in the Olympia zip code. First, Olympia is a desirable location with plenty of amenities and opportunities for growth. Second, there is strong demand for housing in this area due to its proximity to Seattle and other major metropolitan areas. Finally, many homeowners in this zip code have invested in improving their homes over time through additions or remodeling projects which has added value to their properties.