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Featured local agent — Olivet, MI
Sarah Mitchell
Compass Real Estate · Olivet, MI
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Olivet, MI Housing Market & Real Estate
Housing market overview · Updated monthly ·
$260,000median sale price
How is the Olivet, MI housing market right now?
The median home sale price in Olivet, MI is $260,000. Homes sell in an average of 136 days with 3 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Olivet a buyer's or seller's market?
Olivet, MI is currently a balanced market, based on 3.0 months of supply and homes selling in about 136 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
136
Average pace
Active listings
3
3.0 months supply
Sale-to-list
100.0%
Above asking
What does the Olivet housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $260,000 |
| Median list price | $169,400 |
| Average days on market | 136 days |
| Active inventory | 3 listings |
| Months of supply | 3.0 months |
| Sale-to-list price ratio | 100.0% |
| Median price per sq ft | $170/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 2 |
| Listings with a price cut | 33.3% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Olivet by property type?
How the Olivet, MI market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $260,000 | $170/sq ft | 1 | 136 days |
Source: Redfin · Updated monthly
The Olivet housing market is currently classified as a balanced market with a median sale price of $260,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 136 days on market, indicating 3.0 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 5.4x provides context for how home values compare to local earning capacity.
Homes for sale in Olivet
There are currently 3 homes listed for sale in Olivet, Michigan. The median listing price is $169K.
Active listings
3
Homes on market
Median list price
$169K
Avg. days on market
136
Days until sale
New this week
2
Newly listed
Who lives in Olivet?
Population
1,633
Median income
$44,940/yr
Median age
21.6 years
Owner-occupied
49.2%
College grads
24.7%
Avg commute
19.1 min
Source: U.S. Census Bureau ACS
What are homes worth in Olivet?
Zillow home value
$240,796
Price-to-income
5.4x
Source: Zillow Research
What is it like to live in Olivet?
Olivet is a community of approximately 2K residents with a median age of 21.6 years.The median household income is $44,940, which represents a working-class community with solid middle-income opportunities. 24.7% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 49.2%, showing a blend of owner and renter-occupied properties. The average commute time is 19.1 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Olivet offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Olivet?
3 schools tracked · 1,247 students
The largest public schools serving Olivet, MI 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.
Olivet Middle School
Grades 4-8 · 452 students
Olivet High School
Grades 9-12 · 420 students
Fern Persons Elementary School
Grades PK-3 · 375 students
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 Olivet, MI?
Want a head-to-head view? Compare Olivet side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Olivet?
The median home sale price in Olivet is $260,000, down 0.0% from last year.
How long do homes stay on market in Olivet?
Homes typically spend 136 days on market before going under contract.
What is the median income in Olivet?
The median household income is $44,940 per year.
Is Olivet a buyer's or seller's market?
With 3.0 months of supply, Olivet is currently a balanced market.
What is the Zillow home value estimate for Olivet?
The Zillow Home Value Index (ZHVI) for Olivet is $240,796, representing the typical home value in the area.
How much does a single-family home cost in Olivet?
The median single-family home price in Olivet, MI is $260,000 (about $170 per square foot).
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