Median home value in zip code 98516 (Lacey, WA) is $577K, up 0.5% year over year. Part of the Olympia-Lacey-Tumwater, WA metropolitan area.

Full stress scores, AI analysis, and 12-month forecast: Olympia-Lacey-Tumwater, WA metro →

Home Value$576,989

YoY Change

+0.5%

AFFORDABILITY

Enter your income for 98516 (Lacey).

Income (annual)

Down Payment

$115,398 on $576,989

Out of reach — 56.1% of income

Need $150,214/yr to afford.

PITI$3,505

P/I56.1%

Afford$288K

Gap-$289K

P&I $2,918Tax $471Ins $117

6.50% 30yr, 20% down, county tax + WA ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Metro Analysis

98516 is part of the Olympia-Lacey-Tumwater, WA metropolitan area. See full stress scores, crash risk, early warning signals, and 12-month price forecast for the metro.

View Olympia-Lacey-Tumwater, WA analysis

Want deeper metro-level analysis?Stress scores, crash risk, 12-month forecasts, and early warning signals for 195 US metros.

Try Free