Is Olga, WA 98279 a buyer’s or seller’s market?
Olga is a balanced market. With about 4 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Olga housing market right now
In the three months ending August 31, 2026, 0% of homes in Olga, WA 98279 sold above their list price, the typical home went under contract in 43 days and there were 4 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. With only 4 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (1 days then) and the median sale price rose 12% to $1,236,965. Overall, Olga is less competitive than a year ago, which gives buyers more room.
Within San Juan County, homes here sell more slowly than in 80% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Eastsound 98245 (9% sold over asking) and Lopez Island 98261 (8% sold over asking) are even more competitive.
Run the numbers for 98279
Nearby markets
Blakely Island 98222 — /sq ftDeer Harbor 98243Seller’s market $397 /sq ftEastsound 98245Buyer’s market $590 /sq ftFriday Harbor 98250Buyer’s market $492 /sq ft Browse all markets →Where Olga is
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Questions about Olga real estate
Is Olga a buyer’s or seller’s market?
A balanced market: there were 4 months of supply in Olga, WA 98279 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Olga?
The typical home went under contract in 43 days in the latest three months.
Do homes in Olga sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 98.6% of the list price.
What are property taxes in Olga?
About 0.53% of a home’s value a year in San Juan County, or roughly $2,120 on a $400,000 home.
What is the median home price in Olga?
The median sale price was $1,236,965 in the three months ending August 31, 2026, about $571 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology