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Land Foreclosures 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 $123,565.
What’s the average rental cost in Olney, TX?
The average rental price in Olney is $922.
What is the most expensive home in Olney?
The most expensive home sold in Olney had a price of $1,078,400.
What is currently the cheapest priced home in Olney, TX?
The cheapest home for sale in Olney is priced at $12,630.

Living in Olney, TX

Olney, Texas, is a quaint small town that embodies the warmth of community living. Known for its historical charm and strong ties among residents, Olney offers a variety of outdoor activities and events that cater to families and nature lovers. Its local schools emphasize quality education while maintaining a close-knit community atmosphere.

Current Market Conditions in Olney, TX

The Olney real estate market has shown stability over recent months, with homes selling moderately well despite the overall economic conditions. There is a balanced mix of new constructions and existing homes, appealing to both homebuyers and investors alike. The average home price remains affordable compared to more urban areas, making Olney attractive for first-time buyers or those seeking a quieter lifestyle.

Current trends indicate an increase in home renovations as homeowners seek to enhance their properties in this tight-knit community. Additionally, as remote work becomes more common, more individuals are considering relocating to Olney due to its peaceful environment and affordable housing prices.

Home Value Estimator For Olney, TX

There are currently 1,483 real estate properties in Olney, TX, with a median automated valuation model (AVM) price of $89,991.00. 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 $123,565.00, with the most expensive house in Olney, TX, topping out at $1,078,400.00 and the cheapest home in Olney, TX, clocking in at $12,630.00. 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 $922.00. 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.

Olney, TX Land


Market Trend for Olney, TX

Total Listings Available: 0

Market Values:

Home Prices from $12,630 to $1,078,400

Average Sales Price: $123,565

Rental Values:

Rental from $490 to $2,220

Average Rent Value: $922 / month

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