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Sarah Mitchell

CNESRESABR

Compass Real Estate · Olive Hill, KY

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Olive Hill, KY(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Olive Hill, KY Housing Market & Real Estate

Seller's market+0.1% YoY

Housing market overview · Updated monthly ·

$160,000median sale price

How is the Olive Hill, KY housing market right now?

The median home sale price in Olive Hill, KY is $160,000, up 0.1% year-over-year. Homes sell in an average of 38 days with 4 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of April 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Olive Hill a buyer's or seller's market?

Seller's market1.3 months of supply38 avg. days on market

Olive Hill, KY is currently a seller's market, based on 1.3 months of supply and homes selling in about 38 days. How we determine this →

Homes sold

3

Last 12 weeks

Days on market

38

Average pace

Active listings

4

1.3 months supply

Sale-to-list

99.4%

Below asking

What does the Olive Hill housing market data show?

Current housing market statistics for Olive Hill, KY
MetricValue
Median sale price$160,000
Median list price$110,000
Year-over-year price change+0.1%
Average days on market38 days
Active inventory4 listings
Months of supply1.3 months
Sale-to-list price ratio99.4%
Median price per sq ft$133/sq ft
Homes sold (latest month)3
New listings (latest month)1
Listings with a price cut25.0%
Market conditionSeller's market

Source: Redfin · Updated monthly

How much do homes cost in Olive Hill by property type?

How the Olive Hill, KY market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Olive Hill, KY
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$160,000$133/sq ft338 days

Source: Redfin · Updated monthly

The Olive Hill housing market is currently classified as a seller's market with a median sale price of $160,000. Prices have risen 0.1% compared to last year, with homes spending an average of 38 days on market, indicating 1.3 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 2.1x provides context for how home values compare to local earning capacity.

Homes for sale in Olive Hill

There are currently 4 homes listed for sale in Olive Hill, Kentucky. The median listing price is $110K.

Active listings

4

Homes on market

Median list price

$110K

Avg. days on market

38

Days until sale

New this week

1

Newly listed

Price drops:25.0%of listings
Sale-to-list:99.4%

Who lives in Olive Hill?

Population

1,488

Median income

$69,063/yr

Median age

53.1 years

Owner-occupied

67.5%

College grads

17.8%

Avg commute

17.7 min

Source: U.S. Census Bureau ACS

What are homes worth in Olive Hill?

Zillow home value

$146,214

Price-to-income

2.1x

Source: Zillow Research

What is it like to live in Olive Hill?

Olive Hill is a community of approximately 1K residents with a median age of 53.1 years.The median household income is $69,063, which represents a working-class community with solid middle-income opportunities. 17.8% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 67.5%, reflecting strong community stability and long-term resident commitment. The average commute time is 17.7 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Olive Hill offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Olive Hill?

6 schools tracked · 1,650 students

The largest public schools serving Olive Hill, KY by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

West Carter County High School

Grades 9-12 · 510 students

Public

Olive Hill Elementary School

Grades PK-5 · 393 students

Public

West Carter Middle School

Grades 6-8 · 375 students

Public

Tygart Creek Elementary School

Grades PK-5 · 330 students

Public

Carter Virtual Academy

Grades K-12 · 42 students

Alternative

Carter County Career and Technical Center

Grades 9-12

Vocational

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Olive Hill, KY?

Want a head-to-head view? Compare Olive Hill side-by-side with any other U.S. city using our market-comparison tool.

Frequently asked questions

What is the average home price in Olive Hill?

The median home sale price in Olive Hill is $160,000, up 0.1% from last year.

How long do homes stay on market in Olive Hill?

Homes typically spend 38 days on market before going under contract.

What is the median income in Olive Hill?

The median household income is $69,063 per year.

Is Olive Hill a buyer's or seller's market?

With 1.3 months of supply, Olive Hill is currently a seller's market.

What is the Zillow home value estimate for Olive Hill?

The Zillow Home Value Index (ZHVI) for Olive Hill is $146,214, representing the typical home value in the area.

How much does a single-family home cost in Olive Hill?

The median single-family home price in Olive Hill, KY is $160,000 (about $133 per square foot).

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