Olympia Homes Under $400k

Olympia features many of the best home builder communities in Washington, but finding lower priced homes has become increasingly difficult. In the last few years, the cost of building a new home in Olympia has increased substantially. Despite the rising trend of housing prices, it’s still possible to design and build an affordable home in the Olympia area. In fact, there are 19 communities and 8 builders in Olympia with homes starting at under $400K.

How to Find Homes in Olympia For Less Than $400K?

Many builders recognize there is growing demand in the Olympia area for homes under the $400k price point and often have a few floor plans available, but these may be in limited supply. To ensure affordability without compromising on the quality of the home, builders may utilize value engineering techniques to reduce the cost of construction and keep the price of the home as low as possible. This may include building on a smaller lot or utilizing standard-sized materials, such as windows and doors, that provide high-value for the cost. The results are delivering similar quality at lower prices.

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            19 Communities

            Quick Move-In Hot Deals

            Cantergrove at Long Lake by Century Communities

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            Cantergrove at Long Lake by Century Communities in Olympia Washington
            homes in Cantergrove at Long Lake by Century Communities
            Century Communities in Lacey, WA

            From $343,990 - $447,425

            1800 Mayes Road SE
            Lacey, WA 98503

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            Builder Community
            7 homes match your search

            Boardwalk Duets by Summit Homes

            Boardwalk Duets by Summit Homes in Olympia Washington
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            Summit Homes  in Lacey, WA

            From $312,990 - $325,490

            5005 Evie St SE
            Lacey, WA 98503

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            Builder Community
            6 homes match your search

            The Preserve at Tumwater - Phase II by Century Communities

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            The Preserve at Tumwater - Phase II by Century Communities in Olympia Washington
            homes in The Preserve at Tumwater - Phase II by Century Communities
            Century Communities in Tumwater, WA

            From $342,990 - $380,990

            9003 Viola Street SE, Homesite 189
            Tumwater, WA 98501

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            Builder Community
            8 homes match your search

            Other Builders

            Evergreen Heights

            Evergreen Heights by Rob Rice Homes in Olympia Washington

            From $322,950 - $373,950

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            Lacey, WA 98513 - Rob Rice Homes

            Builder Community

            9 homes in this community match your search

            Cherry Meadows

            Cherry Meadows by Soundbuilt Homes in Olympia Washington

            From $339,950

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            Yelm, WA 98597 - Soundbuilt Homes

            Builder Community

            1 home in this community match your search

            Chestnut Village

            Chestnut Village by Rob Rice Homes in Olympia Washington

            From $334,950 - $409,950

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            Maytown, WA 98501 - Rob Rice Homes

            Builder Community

            12 homes in this community match your search

            Black Lake Palisades

            Black Lake Palisades by Rob Rice Homes in Olympia Washington

            From $380,950 - $429,950

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            Tumwater, WA 98512 - Rob Rice Homes

            Builder Community

            1 home in this community match your search

            Steilacoom Ridge

            Steilacoom Ridge by Rob Rice Homes in Olympia Washington

            From $354,950 - $425,450

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            Lacey, WA 98513 - Rob Rice Homes

            Builder Community

            3 homes in this community match your search

            Tahoma Terra

            Tahoma Terra by Soundbuilt Homes in Olympia Washington

            From $272,950 - $355,950

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            Yelm, WA 98597 - Soundbuilt Homes

            Builder Community

            2 homes in this community match your search

            Middleton Ridge

            Middleton Ridge by Rainier General Development in Olympia Washington

            From $286,900 - $321,900

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            Vail, WA 98576 - Rainier General Development

            Builder Community

            6 homes in this community match your search

            Top New Home Cities in Olympia

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            CityCommunitiesAverage New Home Price
            Lacey3$233,487
            Tumwater1$358,990
            Olympia1$201,376

            New Homes in Olympia by Region

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            RegionCommunitiesAverage New Home Price
            East Olympia 32$425,000
            East Olympia 32$425,000
            North Olympia 72$443,000
            South Olympia 17$340,000
            South Olympia 17$340,000
            West Olympia 10$349,000
            West Olympia 10$349,000
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