Compare Olympia, WA mortgage rates and fees from top lenders. Review free, personalized mortgage rates based on your specifc loan amount, program and other factors. Easily compare APRs, closing costs and monthly payments to find the lowest mortgage rates in Olympia.
We recommend that you contact at least five lenders as shopping multiple lenders is the best way to save money on your mortgage in Olympia. Plus, shopping lenders is free and there is no obligation.
August 22, 2025
Below we provide helpful information on the real estate market, home prices and housing affordability in Olympia. Understand how much you need to earn to afford a home in Olympia, including the mortgage you need to qualify for. Review the monthy payment so you can determine if owning a house in Olympia fits your budget. This information is based on proprietary analysis you can only find on FREEandCLEAR and we offer it to help you decide if living in Olympia is right for you.
The median home value for Olympia, WA (Thurston County) is $461,510
Based on current mortgage rates and a 10% down payment, you need to make $96,278 per year to buy the median priced home in Olympia
With this income, you could qualify for a $415,359 mortgage, assuming your monthly debt expense is reasonable
Based on this loan amount, the monthly mortgage payment required to buy the median priced home in Olympia is $2,230
The median household income for Olympia, WA (Thurston County) is $82,851
Based on this income, you can afford a home valued at approximately $397,147
The home price you can afford to buy based on household income in Olympia is 86% of the median home value which means housing prices are expensive. Olympia (Thurston County) ranks 23 out of 39 counties in Washington and 2,947 out of 3,142 counties in the United States for housing affordability.
According to the FREEandCLEAR Housing Affordability Index, the housing market in Olympia, WA is expensive
Mortgage limits affect your loan terms, mortgage program eligibility and what price home you can afford. Review the loan limits for Olympia (Thurston County) below.
Conforming loan limits for Olympia, WA
FHA loan limits for Olympia, WA