Olney, TX Foreclosures
How much do homes sell for in Olney, TX?
The average home price is currently $159,003.
In Olney, TX, how many homes are available?
There are currently 7 active home listings available in Olney.
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 quaint small town that offers a peaceful lifestyle with a strong sense of community. Residents enjoy access to local amenities, parks, and schools, making it an attractive option for families and retirees. With beautiful landscapes and outdoor activities, Olney provides a perfect balance between nature and comfort.
Current Market Conditions in Olney, TX
The real estate market in Olney, TX remains stable, with a mix of new constructions and established homes available for prospective buyers. The town sees steady demand due to its affordability and family-friendly environment, appealing to first-time home buyers and retirees alike. As inventory levels adjust throughout the year, home values have shown modest appreciation, reflecting a healthy local real estate climate.
In recent months, Olney has experienced a slight increase in buyer interest, and homes are staying on the market for shorter periods compared to previous years. This trend is largely attributed to Olney's attractive pricing coupled with the benefits of small-town living. Market conditions suggest that investment opportunities are favorable, especially for those looking for rental properties.
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.
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