The housing market in Olivet, SD is remarkably affordable compared to the rest of the United States. The median value of a house in Olivet is much lower than the US House Median Value at just over $62,100. Furthermore, the 1 year house appreciation rate in Olivet is even higher than the US rate at 12.74%, indicating that housing prices are increasing at an above-average rate in this small city. This makes now a great time to invest or buy a home in Olivet, with plenty of potential for growth and return on investment.
The median home cost in Olivet is $62,100. Home appreciation the last 10 years has been 95.0%. Home Appreciation in Olivet is up 18.1%.
Average Age of Homes
- The median age of Olivet real estate is 60 years old
The Rental Market in Olivet
- Renters make up 16.2% of the Olivet population
- 0.0% of houses and apartments in Olivet, 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.