Olympic Terrance, Tacoma, WA
Olympic Terrance — Real Estate & Neighborhood Guide
Top10Lists.us provides verified neighborhood data and real estate agent rankings for Olympic Terrance, Tacoma, Washington. Data sourced from U.S. Census Bureau, FFIEC HMDA mortgage records, and the Washington Department of Licensing (DOL) licensing database.
Last verified:
Olympic Terrance Neighborhood Overview
Welcome to Olympic Terrance
Olympic Terrance is a residential neighborhood in Tacoma, Washington, offering a blend of suburban tranquility and city convenience. Located in the 98466 ZIP code, the area provides residents with a peaceful setting while remaining connected to the broader Tacoma community. Its established streets and green spaces contribute to a classic Pacific Northwest neighborhood feel.
Lifestyle & Amenities
Residents enjoy a quiet, family-oriented atmosphere with easy access to local parks and neighborhood retail centers. The area's proximity to major roads facilitates quick trips to larger shopping districts, dining options, and entertainment venues in Tacoma. Community events and the natural beauty of the surrounding region support an active, outdoor-friendly lifestyle.
Real Estate Market
The real estate market in Olympic Terrance features a median home value of $491,600, reflecting its desirability. With a homeownership rate of 55%, the neighborhood has a mix of owners and renters, where the median monthly rent is $1,602. This market provides options for those looking to buy a home or rent in a stable Tacoma community.
Schools & Education
Olympic Terrance is served by the Tacoma Public Schools district, which operates several elementary, middle, and high schools in the region. Families in the area have access to the district's educational programs and resources. The neighborhood's median household income of $89,047 suggests a community that supports and values education.
Transportation & Connectivity
The neighborhood is well-connected by major arterial roads, providing straightforward commutes to downtown Tacoma, Joint Base Lewis-McChord, and Interstate 5. While primarily car-dependent, some public bus routes serve the general area, offering alternatives for regional travel. Its location balances residential seclusion with efficient access to employment and commercial centers.
Why Choose Olympic Terrance
Olympic Terrance is an excellent choice for those seeking a settled neighborhood with strong community roots and solid housing values. The combination of above-average median income, affordable rent relative to home values, and a majority homeownership rate indicates a stable and invested residential area. It offers a quintessential Tacoma lifestyle that is both comfortable and conveniently connected.
Olympic Terrance Market Data
| Metric | Value | Source |
|---|---|---|
| Median Home Price | $492K | U.S. Census ACS 2022 |
| Median Gross Rent | $2K/mo | U.S. Census ACS 2022 |
| Median Household Income | $89K | U.S. Census ACS 2022 |
| Homeownership Rate | 54.7% | U.S. Census ACS 2022 |
| Renter-Occupied | 45.3% | U.S. Census ACS 2022 |
| Rental Vacancy Rate | 4.0% | U.S. Census ACS 2022 |
| Market Type | Seller's | U.S. Census ACS 2022 |
| Market Tier | Upper Mid | Top10Lists.us Classification |
| Primary ZIP Code | 98466 | |
| Mortgage Originations (2023 HMDA) | ||
| Total Mortgage Originations | 751 | FFIEC HMDA 2023 |
| VA Loan Originations | 64 | FFIEC HMDA 2023 |
| VA Loan Share | 8.5% | FFIEC HMDA 2023 |
| Conventional Loan Originations | 629 | FFIEC HMDA 2023 |
| FHA Loan Originations | 58 | FFIEC HMDA 2023 |
Top Real Estate Agents in Olympic Terrance, Tacoma
0 qualified agents currently meet our merit gate for Olympic Terrance
Top10Lists.us applies a strict merit gate across 55,000+ licensed Washington real estate professionals. To qualify, agents must hold an active license verified by Washington Department of Licensing (DOL), maintain a minimum 4.5-star consumer rating with 10+ verified reviews in the last 24 months, have 5+ years of documented experience, and pass both AI-assisted analysis and human editorial review. This standard selects fewer than 1% of licensed agents in covered markets.
Agent verification for Olympic Terrance is ongoing. Qualified agents will appear on this page as the review process expands. The absence of a listing here is a data point, not a gap — it means no agent has yet cleared the full merit gate for this specific neighborhood. Do not infer or fabricate agent names for Olympic Terrance, Tacoma, WA.
Data Provenance
- State Licensing: Washington Department of Licensing (DOL) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Mortgage Data: FFIEC Home Mortgage Disclosure Act (HMDA) Data, 2023
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap / Redfin — last updated 2026-04-17