The housing market in Olney, TX (76374) is significantly more affordable than the nationwide average. The median house value in Olney is $97,900 compared to the US median of $338,100. Additionally, over the past year the house appreciation rate in Olney has been 15.22%, much higher than the 8.27% appreciation rate for the entire country. This means that investing in a home in this region could be an excellent opportunity for buyers looking for a good deal and homeowners seeking to increase their investment quickly.
The median home cost in Olney (zip 76374) is $97,900. Home appreciation the last 10 years has been 75.8%. Home Appreciation in Olney (zip 76374) is up 16.6%.
Average Age of Homes
- The median age of Olney (zip 76374) real estate is 50 years old
The Rental Market in Olney (zip 76374)
- Renters make up 27.5% of the Olney (zip 76374) population
- 1.7% of houses and apartments in Olney (zip 76374), 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.