98513 — Olympia, WA Home Values
Typical home value $511,313 as of June 2026 · 9th of 12 in Olympia-Lacey-Tumwater, WA
Blue: typical home value (Zillow ZHVI) in ZIP code 98513, June 2021 to June 2026. This page shows observed data only; no forecast.
How 98513 compares in the Olympia-Lacey-Tumwater, WA area
ZIP code 98513 (Olympia, WA) has a typical home value of $511,313 as of June 2026, ranking 9th of 12 ZIP codes tracked in the Olympia-Lacey-Tumwater, WA area, more expensive than about 33% of ZIP codes in the metro. Prices here have moved +0.3% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +15.1%, from $444,380 in June 2021 to $511,313 in June 2026. Against observed rent, the typical home here sells for 17.7× the annual rent ($2,409/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Olympia-Lacey-Tumwater, WA forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Olympia.
Population and demographics
ZIP code 98513 has a population of 37,953, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 63% White, 12.4% Hispanic or Latino, 9.1% two or more races, 8.1% Asian, 4.1% Black or African American, 1.4% Native Hawaiian or Pacific Islander, 1.3% American Indian or Alaska Native, and 0.6% another race.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Evergreen Forest Elementary | 3025 Marvin Rd SE, Lacey, WA | 2.2 mi |
| Woodland Elementary | 4630 Carpenter Rd SE, Lacey, WA | 2.3 mi |
| Seven Oaks Elementary | 1800 Seven Oaks Dr SE, Lacey, WA | 3 mi |
Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.
Frequently asked questions
What is the typical home value in ZIP code 98513?
$511,313 as of June 2026, the latest month Zillow has published observed data for.
Is 98513 an expensive ZIP code in the Olympia-Lacey-Tumwater, WA area?
98513 ranks 9th of 12 ZIP codes in the Olympia-Lacey-Tumwater, WA area by typical home value, more expensive than about 33% of ZIP codes in the metro.
How much have home values in 98513 changed over the past year?
+0.3% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 98513?
The typical home price is 17.7× the observed annual rent in this ZIP code ($2,409/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 98513?
37,953, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 98513?
Evergreen Forest Elementary (2.2 mi), Woodland Elementary (2.3 mi), Seven Oaks Elementary (3 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.
Is this page showing a forecast for 98513?
No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Olympia-Lacey-Tumwater, WA forecast for a modeled outlook.
ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.