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Cheap Homes in Olney, TX

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Olney, TX Foreclosures

How much do homes sell for in Olney, TX?
The average home price is currently $159,003.
What’s the average rental cost in Olney, TX?
The average rental price in Olney is $921.
What is the most expensive home in Olney?
The most expensive home sold in Olney had a price of $2,481,063.
What is currently the cheapest priced home in Olney, TX?
The cheapest home for sale in Olney is priced at $12,505.

Living in Olney, TX

Olney, TX is a friendly small town known for its rich community spirit and welcoming atmosphere. It offers a blend of quaint living, outdoor activities, and good schools. Residents enjoy a close-knit environment while being surrounded by scenic landscapes and local parks.

Current Market Conditions in Olney, TX

The real estate market in Olney, TX is stable, with home prices showing modest increases. The community's affordable housing options attract both newcomers and those looking to downsize, making it a desirable place for families and retirees alike. The market remains competitive, with homes often selling quickly.

Current trends indicate that more remote workers are moving to Olney, seeking affordable living away from crowded urban areas. This influx is starting to drive demand for homes with office spaces and larger yards, as residents prioritize comfort and functionality in their living spaces.

Home Value Estimator For Olney, TX

There are currently 1,622 real estate properties in Olney, TX, with a median automated valuation model (AVM) price of $107,134.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Olney, TX, 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 Olney, TX, is $159,003.00, with the most expensive house in Olney, TX, topping out at $2,481,063.00 and the cheapest home in Olney, TX, clocking in at $12,505.00. In other words, there’s something for every potential homebuyer or savvy investor in Olney, TX!

Rent Prices In Olney, TX

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Olney, TX, is on a rollercoaster ride. The average rent price in Olney, TX, is $921.00. Indeed, when looking to rent in Olney, TX, you can expect to pay as little as $490.00 or as much as $2,220.00, with the average rent median estimated to be $840.00. The good news is that finding an affordable and desirable property to rent in Olney, TX -- 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.

Cheap Homes in Olney, TX


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