New Homes in Olympia, WA Under $400k :: 7 Communities Skip main navigation

Olympia Homes Under $400k

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            7 Communities

            Quick Move-In Hot Deals

            Preserve at Tumwater Place by Century Communities in Olympia Washington
            homes in Preserve at Tumwater Place by Century Communities
            homes in Preserve at Tumwater Place by Century Communities

            Preserve at Tumwater Place

            Community by Century Communities

            1229 92nd Way SE
            Tumwater, WA 98501

            Century Communities Read Reviews

            888-202-4610

            from $369,990 - $424,990

            4 homes match your search

            Other Builders

            Briggs Village/SF by Oakridge Homes in Olympia Washington

            Coming Soon

            Briggs Village/SF

            Olympia, WA 98501

            Builder Community

            Oakridge Homes

            Campus Peak by Rob Rice Homes in Olympia Washington

            Campus Peak

            Olympia, WA 98516

            Builder Community

            Rob Rice Homes

            from $380,950 - $624,950

            3 homes match your search

            Kirsop Crossing by Rob Rice Homes in Olympia Washington

            Kirsop Crossing

            Olympia, WA 98512

            Builder Community

            Rob Rice Homes

            from $354,950 - $444,950

            5 homes match your search

            Deschutes Ridge Heights by Tronie Homes in Olympia Washington

            Deschutes Ridge Heights

            Olympia, WA 98501

            Builder Community

            Tronie Homes

            from $354,000 - $553,900

            5 homes match your search

            Village at Mill Pond by Horizon Home Builders LLC in Olympia Washington

            Village at Mill Pond

            Olympia, WA 98506

            Townhomes

            Horizon Home Builders LLC

            from $399,900 - $629,900

            1 home matches your search

            Steilacoom Ridge by Rob Rice Homes in Olympia Washington

            Steilacoom Ridge

            Olympia, WA 98513

            Builder Community

            Rob Rice Homes

            from $354,950 - $584,950

            4 homes match your search

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            New Home Cities in Olympia

            CityCommunitiesAverage New Home Price
            Lacey4$476,043
            Olympia2$228,824
            Tumwater1$398,990

            New Homes in Olympia by Region

            RegionCommunitiesAverage New Home Price
            East Olympia 13$515,000
            East Olympia 13$515,000
            North Olympia 34$402,000
            South Olympia 12$400,000
            South Olympia 12$400,000
            West Olympia 8$438,000
            West Olympia 8$438,000

            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 7 communities and 5 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.