Olympia, WA Real Estate
According to census data in the year 2000 there were 19,702 housing units in Olympia.
This represents a 23.7% growth from 15,928 in 1990.
Of those housing units, 19,702 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Olympia is about 50.6%.
Olympia's vacancy rate, including seasonal lodging, is about 5.2%.
Average household size is 2.2 people.
The majority of houses, apartments or condos in Olympia were built after 1973.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 4.20% |
| One Bedroom | 19.20% |
| Two Bedrooms | 30.90% |
| Three Bedrooms | 32.70% |
| Four Bedrooms | 10.60% |
| Five Bedrooms or more | 2.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.42 |
| Median year structure was built | 1970 |
| Median Value of occupied units | $143,500 |
| Median Price asked for vacant units | $169,900 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.96 |
| Median year structure was built | 1977 |
| Median Monthly Rent asked for vacant units | $517 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 7.90% |
| Home Equity Loan | 6.70% |
| Simple Mortgage | 58.70% |
| Debt Free | 26.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.5% |
