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Permit-issuing place

Lacey

Thurston County · Olympia-Lacey-Tumwater, WA · Washington · 58,833 residents (2025 est.)

Permits through August 2026Yearly permits since 1995Thurston County index 1975–2025
FHFA house price index for Thurston County, which contains Lacey, 1975 to 2025Recession 1973–75Recession 1980Recession 1981–82Recession 1990–91Recession 2001Recession 2007–09Recession 202005001,0001,5002,00019801990200020102020United States2025: 1,432
Thurston County (100 = first year)United States, rebased to the same startNBER recession
House prices are indexed by county, not by city: this is Thurston County's FHFA index, with the national index rebased to the same start.

Census Bureau notes: building permit figures cover new privately owned housing units authorised by permit-issuing places; permits do not mean the units were started or completed, and places that report less often than monthly are imputed in monthly totals. FHFA notes: The FHFA HPI is a broad measure of the movement of single-family house prices. The FHFA HPI is a weighted, repeat-sales index, meaning that it measures average price changes in repeat sales or refinancings on the same properties.

Lacey, Washington (Thurston County), authorised 748 housing units through building permits in the 12 months to August 2026, +89.8% on the previous 12 months.

89 of those units were single-family houses (12%), 0 were in two- to four-unit buildings and 659 in buildings of five or more units. That is 12.7 units per 1,000 residents, well above the county's 5.8 and well above the state's 4.9.

Since 1995 the place has authorised 14,586 units, with the busiest year 2006 (1,406 units). Thurston County's FHFA house price index rose +121.0% over the ten years to 2025.

748units permitted, 12 months to August 2026+89.8% on the previous 12 months
89single-family units12% of the total
659units in 5+ unit buildings88% of the total
12.7units per 1,000 residentsThurston County 5.8 · Washington 4.9

Permits by month and structure type

Housing units authorised in Lacey by month, latest 24 months0100200300Sep 2024: 1 units (1 single-family, 0 in multi-unit buildings)Sep 2024Oct 2024: 0 units (0 single-family, 0 in multi-unit buildings)Nov 2024: 0 units (0 single-family, 0 in multi-unit buildings)Dec 2024: 89 units (1 single-family, 88 in multi-unit buildings)Dec 2024Jan 2025: 92 units (1 single-family, 91 in multi-unit buildings)Feb 2025: 16 units (0 single-family, 16 in multi-unit buildings)Mar 2025: 2 units (2 single-family, 0 in multi-unit buildings)Mar 2025Apr 2025: 2 units (2 single-family, 0 in multi-unit buildings)May 2025: 2 units (0 single-family, 2 in multi-unit buildings)Jun 2025: 96 units (0 single-family, 96 in multi-unit buildings)Jun 2025Jul 2025: 27 units (3 single-family, 24 in multi-unit buildings)Aug 2025: 67 units (0 single-family, 67 in multi-unit buildings)Sep 2025: 87 units (3 single-family, 84 in multi-unit buildings)Sep 2025Oct 2025: 230 units (6 single-family, 224 in multi-unit buildings)Nov 2025: 2 units (2 single-family, 0 in multi-unit buildings)Dec 2025: 7 units (7 single-family, 0 in multi-unit buildings)Dec 2025Jan 2026: 10 units (10 single-family, 0 in multi-unit buildings)Feb 2026: 7 units (7 single-family, 0 in multi-unit buildings)Mar 2026: 78 units (6 single-family, 72 in multi-unit buildings)Mar 2026Apr 2026: 102 units (15 single-family, 87 in multi-unit buildings)May 2026: 9 units (9 single-family, 0 in multi-unit buildings)Jun 2026: 177 units (10 single-family, 167 in multi-unit buildings)Jun 2026Jul 2026: 12 units (12 single-family, 0 in multi-unit buildings)Aug 2026: 27 units (2 single-family, 25 in multi-unit buildings)

Housing units authorised in Lacey by month, latest 24 monthssingle-family2+ unit buildings

Units, 12 months to August 2026LaceyThurston CountyWashingtonUnited States
All housing units7481,75238,9111,418,086
Single-family (1 unit)89 (12%)784 (45%)17,298 (44%)888,241 (63%)
2 units0141,29434,814
3–4 units0361817,298
5 or more units659 (88%)951 (54%)19,701 (51%)477,733 (34%)
Units per 1,000 residents12.75.84.94.1
Change on previous 12 months+89.8%+23.3%+11.4%−0.1%

Permits by year since 1995

Housing units authorised in Lacey by year, 1995–202505001,0001,5001995: 1,018 units (874 single-family, 144 in multi-unit buildings)19951996: 596 units (564 single-family, 32 in multi-unit buildings)1997: 337 units (309 single-family, 28 in multi-unit buildings)1998: 437 units (286 single-family, 151 in multi-unit buildings)1999: 382 units (273 single-family, 109 in multi-unit buildings)2000: 135 units (124 single-family, 11 in multi-unit buildings)20002001: 163 units (159 single-family, 4 in multi-unit buildings)2002: 159 units (110 single-family, 49 in multi-unit buildings)2003: 214 units (200 single-family, 14 in multi-unit buildings)2004: 289 units (249 single-family, 40 in multi-unit buildings)2005: 836 units (836 single-family, 0 in multi-unit buildings)20052006: 1,406 units (1,086 single-family, 320 in multi-unit buildings)2007: 1,033 units (808 single-family, 225 in multi-unit buildings)2008: 358 units (338 single-family, 20 in multi-unit buildings)2009: 304 units (298 single-family, 6 in multi-unit buildings)2010: 267 units (267 single-family, 0 in multi-unit buildings)20102011: 219 units (219 single-family, 0 in multi-unit buildings)2012: 294 units (283 single-family, 11 in multi-unit buildings)2013: 216 units (213 single-family, 3 in multi-unit buildings)2014: 314 units (314 single-family, 0 in multi-unit buildings)2015: 308 units (308 single-family, 0 in multi-unit buildings)20152016: 879 units (335 single-family, 544 in multi-unit buildings)2017: 163 units (163 single-family, 0 in multi-unit buildings)2018: 844 units (201 single-family, 643 in multi-unit buildings)2019: 685 units (243 single-family, 442 in multi-unit buildings)2020: 315 units (135 single-family, 180 in multi-unit buildings)20202021: 917 units (107 single-family, 810 in multi-unit buildings)2022: 319 units (44 single-family, 275 in multi-unit buildings)2023: 371 units (111 single-family, 260 in multi-unit buildings)2024: 178 units (37 single-family, 141 in multi-unit buildings)2025: 630 units (26 single-family, 604 in multi-unit buildings)2025

Housing units authorised in Lacey by year, 1995–2025single-family2+ unit buildings

14,586 units since 1995; the busiest year was 2006. Annual figures include units imputed for months a place did not report.

Home prices in Thurston County

FHFA's index for Thurston County rose +121.0% over the ten years to 2025 (+8.3% a year) and +2.3% in the latest year, against +113.0% and +1.8% for Washington. Full county page: decade table, peak-to-low declines, every ZIP code and every permit-issuing place in the county.

Questions and answers

How many homes are being built in Lacey, WA?

748 housing units were authorised by building permits in the 12 months to August 2026, against 394 in the previous 12 months.

What kind of housing is being permitted in Lacey?

89 single-family units, 0 in two-unit buildings, 0 in three- and four-unit buildings and 659 in buildings of five or more units.

How does Lacey compare with its county and state?

12.7 units per 1,000 residents in Lacey, 5.8 in Thurston County and 4.9 in Washington.

How have home prices moved in Thurston County?

FHFA's index for Thurston County rose +121.0% over the ten years to 2025 and +2.3% in the latest year; the county page has the full series.

What does a permit count?

A housing unit authorised by a building permit for new privately owned residential construction, as reported to the Census Bureau Building Permits Survey by the permit-issuing office. Permits are not completions; some permitted units are never built, and places that report only annually are imputed in monthly figures.

Provenance

Permits: US Census Bureau, Building Permits Survey, place-level monthly and annual files through August 2026 (permit office 273000); county and state comparisons from the county and state files. Population: Census Bureau vintage 2025 estimates for incorporated places, matched on FIPS place code where the permit office is one. House price index: Federal Housing Finance Agency. Public domain. Corrections · Building Permits Survey.