98597 — Thurston County, Washington Market Snapshot
Housing market data for zip code 98597 in Thurston County, Washington. Updated monthly with median prices, days on market, and more.
Market Sales Data
114 sales in 2026 (year to date)
Median Sale Price
$500,000
Days to Sell
20
Homes Sold
114
Inventory
149
Sale-to-List
100.5%
New Listings
225
Price/SqFt
$261
Pending Sales
167
Conforming Loan Available
Most homebuyers in 98597 can comfortably use conventional financing. The median home price of $500,000 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
Homes in 98597 are moving quickly at 20 days on market, indicating healthy buyer demand. Well-priced homes are likely seeing multiple offers.
Sale-to-List Ratio
Homes are selling very close to asking price in 98597 (100.5% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 98597 can comfortably use conventional financing. The median home price of $500,000 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 98597 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 98597
To purchase the median home at $500,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $3,981.
Monthly Payment
$3,981
Income Required
$170,607
Principal & Interest
$3,081/mo
Down Payment (5%)
$25,000
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 98597.
Estimated Monthly Payment
$3,244
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