Olney, TX is a great place to call home, with an average housing median value of $97,800. This is significantly lower than the US House Median Value which is currently at $338,100. Not only that, the 1 year house appreciation rate in Olney, TX is 15.22%, compared to the US 1 year House Appreciation rate of 8.27%. This makes Olney, TX a desirable place to invest in housing and provides great opportunity for those looking for an affordable home or investment.
The median home cost in Olney is $97,800. Home appreciation the last 10 years has been 75.8%. Home Appreciation in Olney is up 16.6%.
Average Age of Homes
- The median age of Olney real estate is 53 years old
The Rental Market in Olney
- Renters make up 33.2% of the Olney population
- 2.2% of houses and apartments in Olney, 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.