The housing market in Olivet, NJ is thriving and is a great place for those looking to buy or invest. The median value of a house in Olivet is $298,900, which is lower than the US median of $338,100 providing buyers with more affordable options. Furthermore, the appreciation rate of houses in Olivet over the last year has been impressive at 10.41%, higher than the US national average of 8.27%. This makes now an ideal time to purchase property in Olivet as there is potential for great returns on investments.
The median home cost in Olivet is $298,900. Home appreciation the last 10 years has been 58.8%. Home Appreciation in Olivet is up 17.5%.
Average Age of Homes
- The median age of Olivet real estate is 31 years old
The Rental Market in Olivet
- Renters make up 3.7% 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.