98506 — Thurston County, Washington Market Snapshot
Housing market data for zip code 98506 in Thurston County, Washington. Updated monthly with median prices, days on market, and more.
Market Sales Data
81 sales in 2026 (year to date)
Median Sale Price
$640,000
Days to Sell
56
Homes Sold
81
Inventory
53
Sale-to-List
99.4%
New Listings
100
Price/SqFt
$268
Pending Sales
100
Conforming Loan Available
Most homebuyers in 98506 can comfortably use conventional financing. The median home price of $640,000 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
98506's market is balanced with homes taking an average of 56 days to sell. Buyers have some negotiating room without the pressure of bidding wars.
Sale-to-List Ratio
Homes are selling very close to asking price in 98506 (99.4% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 98506 can comfortably use conventional financing. The median home price of $640,000 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 98506 are set at the county level.
2026 Loan Limits — Thurston County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $586,500 |
| 2 Units | $1,066,250 | $750,800 |
| 3 Units | $1,288,800 | $907,550 |
| 4 Units | $1,601,750 | $1,127,900 |
Affordability Snapshot — Zip 98506
To purchase the median home at $640,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $5,053.
Monthly Payment
$5,053
Income Required
$216,578
Principal & Interest
$3,943/mo
Down Payment (5%)
$32,000
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 98506.
Estimated Monthly Payment
$4,111
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