Olivet, SD Foreclosures
Current Market Conditions in in Olivet, SD As of February 2026?
Over the past month, the Olivet real estate market has shown a slight increase in home sales, attributed to seasonal factors and the ongoing appeal of the town for new buyers. Inventory levels remain stable, and properties are being sold at competitive prices. The local market is holding strong with existing homes moving quickly due to the continued interest from families and remote workers. Real estate agents are seeing upticks in inquiries, indicating a positive trend leading into the upcoming months.
How much do homes sell for in Olivet, SD?
The average home price is currently $269,857.
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 $1,005,255.
What is currently the cheapest priced home in Olivet, SD?
The cheapest home for sale in Olivet is priced at $12,146.
Living in Olivet, SD
Olivet, SD, is a charming small town characterized by its welcoming community and picturesque rural surroundings. With essential amenities, good schools, and various recreational activities, it offers a peaceful lifestyle ideal for families and individuals alike. The area celebrates its community spirit through various events and outdoor activities, making it an attractive place to call home.
Buyer vs Seller Market in Olivet, SD
The real estate market in Olivet is currently experiencing steady demand, with homes priced affordably compared to larger urban areas. As the trend of remote work continues, more people are looking to small towns like Olivet for a comfortable living environment, which has positively impacted property values and sales activity.
Recently, there has been an increase in interest from buyers seeking second homes or investment properties in Olivet, especially as more individuals recognize the benefits of small-town living, such as lower living costs and a slower pace of life.
Home Value Estimator For Olivet, SD
There are currently 104 real estate properties
in Olivet, SD,
with a median automated valuation model (AVM) price
of $203,045.00. 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 $269,857.00, with the most expensive house
in Olivet, SD, topping out
at $1,005,255.00 and the cheapest home
in Olivet, SD,
clocking in at $12,146.00. 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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