Olivet, SD Foreclosures
How much do homes sell for in Olivet, SD?
The average home price is currently $256,508.
What’s the average rental cost in Olivet, SD?
The average rental price in Olivet is $1,067.
What is the most expensive home in Olivet?
The most expensive home sold in Olivet had a price of $787,317.
What is currently the cheapest priced home in Olivet, SD?
The cheapest home for sale in Olivet is priced at $38,740.
Living in Olivet, SD
Olivet, SD is a quaint and friendly town nestled in rural South Dakota. Known for its strong community spirit, it offers a peaceful lifestyle with outdoor recreational activities. With a focus on education and local events, it’s an ideal location for families and retirees looking for a slower-paced life.
Current Market Conditions in Olivet, SD
The real estate market in Olivet has remained relatively stable over the past few months, with a slight increase in home prices due to a growing interest in rural living. The community's appeal for those seeking a quiet lifestyle has attracted potential buyers, contributing to a moderate increase in demand.
The inventory of homes on the market is limited, which suggests that buyers may need to act quickly to secure a property. Overall, the market is competitive, but there are still opportunities for buyers and investors.
Home Value Estimator For Olivet, SD
There are currently 93 real estate properties
in Olivet, SD,
with a median automated valuation model (AVM) price
of $188,133.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Olivet, SD, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Olivet, SD,
is $256,508.00, with the most expensive house
in Olivet, SD, topping out
at $787,317.00 and the cheapest home
in Olivet, SD,
clocking in at $38,740.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Olivet, SD!
Rent Prices
In Olivet, SD
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Olivet, SD, is on
a rollercoaster ride. The
average rent price in Olivet, SD,
is $1,067.00. Indeed, when looking to rent in
Olivet, SD, you can expect to pay as little
as $550.00 or as much
as $2,210.00,
with the average rent median estimated to
be $1,130.00. The good news is that finding
an affordable and desirable property to rent in Olivet, SD
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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