Housing in Olean, SD is an attractive prospect for those looking to invest in real estate. The median value of a house in Olean is $267,800 which is significantly lower than the US median value of $338,100. In the past year, there has been an 8.27% jump in US house appreciation while Olean saw a 14.45% increase in house appreciation. This suggests that investing in housing in Olean could be more profitable than elsewhere. All of this makes Olean an ideal place for those looking to purchase or invest in housing.
The median home cost in Olean is $267,800. Home appreciation the last 10 years has been 81.4%. Home Appreciation in Olean is up 17.2%.
Average Age of Homes
- The median age of Olean real estate is 57 years old
The Rental Market in Olean
- Renters make up 12.5% of the Olean population
- 0.0% of houses and apartments in Olean, 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.