The housing market in Olive, NY is thriving. The median value of homes in Olive is $394,300, which is nearly 20% higher than the US House Median Value of $338,100. In the past year, the US House Median Value appreciated by 8.27%, while Olive saw an appreciation rate of 14.80%. This indicates that Olive has a strong and ever-growing housing market, making it a desirable location for potential buyers looking to invest in real estate.
The median home cost in Olive is $394,300. Home appreciation the last 10 years has been 109.3%. Home Appreciation in Olive is up 24.5%.
Average Age of Homes
- The median age of Olive real estate is 48 years old
The Rental Market in Olive
- Renters make up 14.7% of the Olive population
- 0.0% of houses and apartments in Olive, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.