The housing market in Olivet, IL is strong and has been appreciating over the past year. The median house value in Olivet is $94,400, which is significantly lower than the US median house value of $338,100. This provides an opportunity for potential homebuyers to get a great deal on a home. On top of that, the appreciation rate for homes in Olivet over the last year has been 8.72%, which is above the US national average of 8.27%. This indicates that the housing market in Olivet is resilient and growing quickly. Overall, it's a great time to invest in real estate in Olivet with plenty of options for buyers looking to make their dreams of home ownership come true.
The median home cost in Olivet is $94,400. Home appreciation the last 10 years has been 46.3%. Home Appreciation in Olivet is up 14.5%.
Average Age of Homes
- The median age of Olivet real estate is 43 years old
The Rental Market in Olivet
- Renters make up 11.2% 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.