Buildocrat US Land Value Book

Land and home values in Thurston County, Washington

Thurston County (metro core, Olympia-Lacey-Tumwater, WA) covers 723 square miles and 62 census tracts. Residential land is about $13.70 per sq ft at the county median, from $7.24 in its most rural tracts to $19.70 in its most valuable. The typical home is worth about $494,000 and a 2-bedroom rents for about $1,980 a month, as of October 12, 2026.

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County values

Land: residential$13.70per sq ft
Land: residential$596,772per acre
Land: quarter-acre lot$149,19310,890 sq ft
Land: farmland$11,400per acre
Home: typical (median)$494,000value
Home: entry-level$402,000lower quartile
Home: upper-end$647,000upper quartile
Build new$177per sq ft, no land
Rent: 1-bedroom$1,700per month
Rent: 2-bedroom$1,980per month
Rent: 3-bedroom$2,640per month
Rent: 4-bedroom$3,340per month
Gross yield, 2-bed4.8%a year

Price tiers

TierTractsLand $/sq ftTypical homeRent 2-bed
Top tier6$17.60$688,000$2,270
Upper16$16.10$610,000$2,120
Mid19$14.00$494,000$1,900
Entry20$13.10$450,000$1,980
Rural1$14.10$662,000$2,280

Tiers rank neighborhoods by home value within each metro area; outside metro areas they follow how built-up the land is. They describe prices only.

Cities and towns

Highest-value places

PlaceTypeLand $/sq ftTypical home
OlympiaCity$19.90$515,000
TumwaterTown$13.60$500,000
LaceyCity$13.00$484,000
Nisqually Indian CommunityCommunity$12.90$329,000
TanglewildeCommunity$12.60$471,000
YelmTown$10.20$482,000
TeninoTown$9.70$391,000
RainierTown$9.38$451,000

Questions people ask

How much is land worth in Thurston County, WA?

Residential land in Thurston County, WA is about $13.70 per square foot, or $596,772 an acre, as of October 2026. A quarter-acre lot (10,890 sq ft) is about $149,193. Smaller lots sell for more per square foot and large tracts for less.

What is the typical home value in Thurston County, WA?

The typical (median) home in Thurston County, WA is worth about $494,000, with entry-level homes around $402,000 and upper-end homes around $647,000, as of October 2026.

How much is rent in Thurston County, WA?

A 2-bedroom rents for about $1,980 a month in Thurston County, WA, a 1-bedroom about $1,700 and a 3-bedroom about $2,640 (gross rent including utilities, HUD Fair Market Rent basis).

How much is farmland per acre in Thurston County, WA?

Farmland averages about $11,400 an acre in Thurston County, WA (USDA, including buildings), well below residential land.

Is this an appraisal?

No. Indicative values for screening, budgeting and negotiation, not an appraisal. For lending, a tax appeal or legal use, hire a state-licensed or certified appraiser.

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