Olivet, NJ Housing


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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.

Median Monthly Rent by Number of Bedrooms

   Housing by Year Built

  HousingOlivet, New JerseyUnited States
  515.0139,647,020.0
  3842
  $298,900$338,100
  17.5%16.6%
  54.3%57.0%
  58.8%101.1%
  $27.44$10.98
  $6,870$2,690
  98.1%57.4%
  0.0%11.2%
  1.9%31.4%
  Vacant Housing
  0.0%1.9%
  0.0%0.4%
  0.0%0.7%
  0.0%0.4%
  0.0%3.6%
  0.0%4.1%
  Value of Owner-Occupied Housing
  1.8%2.6%
  0.0%2.4%
  0.0%2.8%
  0.0%3.9%
  2.0%4.5%
  1.6%11.3%
  19.4%13.0%
  64.2%20.1%
  4.6%13.6%
  6.5%8.3%
  0.0%9.7%
  0.0%3.9%
  0.0%2.2%
  0.0%0.8%
  0.0%1.1%
  Housing Units by Year Structure Built
  0.0%0.2%
  3.5%13.6%
  3.5%13.6%
  10.1%13.6%
  50.5%13.2%
  23.3%14.8%
  10.1%13.6%
  3.3%10.0%
  1.7%4.7%
  3.5%12.2%
Commute
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