Median home value in zip code 98516 (Lacey, WA) is $576,989, up 0.5% year over year. Part of the Olympia-Lacey-Tumwater, WA metropolitan area.

Home Value$576,989

YoY Change

+0.5%

Prices rising — worse for buyers.

Affordability

Enter your income for 98516 (Lacey).

Income (annual)

Down Payment

$115,398 on $576,989

Example: $75,000 household income. Change it above to see your own.

Out of reach56.1% 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

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