Unshakable ZIP Data 98516 | Lacey, WA Housing Market
Lacey · Thurston County · Olympia-Lacey-Tumwater, WA metro · Washington · Data updated June 19, 2026
The median sale price in ZIP 98516, Lacey, Washington is $584,826 at $313 per square foot. 102 single-family homes sold in the latest period, down 1.0 percent from a year earlier. Homes sit a median of 19 days on market with 3.4 months of supply. Sellers are getting 99.5 percent of list price and 23.2 percent of homes sold above asking.
Balanced market.
Value anchors
| Metric | Value | Year over year |
|---|---|---|
| Average single-family value | $585,014 | |
| Average price per sq ft | $313 | |
| Median sale price | $584,826 | |
| Median sale price per sq ft | $313 | |
| Median home size | 1,871 sq ft | |
| Median new listing price | $624,635 | +3.9% |
| National size rank | 4,121 |
Sales activity
| Metric | Value | Year over year |
|---|---|---|
| Homes sold | 102 | -1.0% |
| Median days on market | 19 days | |
| Months of supply | 3.4 months | |
| New listings | 156 | +13.3% |
| Active listings | 223 | +21.8% |
| Pending sales | 114 | -11.3% |
Pricing power
| Metric | Value | Year over year |
|---|---|---|
| Average sale-to-list ratio | 99.5% | -0.8 pts |
| Share sold above list | 23.2% | -12.7 pts |
Bedroom value anchors
Average values by bedroom count. Value anchors for orientation, not appraisals.
2-bedroom
$582,886
3-bedroom
$533,585
4-bedroom
$616,438
5-bedroom
$663,366
These figures describe the single-family market for Lacey, Washington ZIP 98516. They are market context, not a substitute for sold comps or a formal appraisal.