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Sarah Mitchell

CNESRESABR

Compass Real Estate · Olyphant, PA

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

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

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Olyphant, PA Housing Market

Seller's market+11.0% YoY
Zillow, August 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly

The typical home in Olyphant, PA is worth $250,966, rose 11.0% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $277,500, +27.3% year over year (through May 2026). With 1.5 months of supply and homes going under contract in about 24 days, Olyphant is a seller's market. At today's 7.03% 30-year fixed rate, 20% down on a $250,966 home is about $1,340/mo in principal and interest.

Key numbers for Olyphant, PA

Typical home value

$250,966

+11.0% in 12 months

Zillow, August 2026

Typical asking rent

$1,600/mo

Zillow Observed Rent Index

Zillow, August 2026

Median sale price

$277,500

+27.3% year over year

Redfin, through May 2026

Days on market

24

Average pace

Redfin, through May 2026

Active listings

6

1.5 months of supply

Redfin, through May 2026

30-yr fixed rate

7.03%

Freddie Mac weekly average

Freddie Mac via FRED, September 2026

Median household income

$63,516

Home costs 4.0x income

U.S. Census ACS, 2023

Sale-to-list ratio

98.6%

Selling below asking

Redfin, through May 2026

Zillow figures are as of August 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.

Is Olyphant a buyer's or seller's market?

Seller's market1.5 months of supply24 days on market98.6% of asking

Olyphant, PA is a seller's market, based on 1.5 months of supply and homes selling in about 24 days. Under 2 months of supply is a severe shortage: expect competition on almost anything priced correctly, and little room to negotiate below asking.

Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from

What does the Olyphant housing market data show?

Every row below is Redfin's final published month for Olyphant, PA. Redfin, through May 2026

Housing market statistics for Olyphant, PA, Redfin through May 2026
MetricValue
Median sale price$277,500
Median list price$180,700
Year-over-year price change+27.3%
Median price per sq ft$127/sq ft
Median days on market24 days
Active inventory6 listings
Months of supply1.5 months
Sale-to-list price ratio98.6%
Homes sold (that month)4
New listings (that month)6
Listings with a price cut33.3%
Market conditionSeller's market

How to read these numbers

Median sale price
Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Olyphant is frozen at May 2026.
Typical home value (ZHVI)
Zillow's estimate of what a mid-market home in Olyphant is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
Months of supply
How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
Days on market
Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
Sale-to-list ratio
Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
Price per square foot
The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
Listings with a price cut
Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
Typical asking rent (ZORI)
Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.

How have Olyphant home prices moved?

Over the last three years the median sale price in Olyphant, PA rose 22.0%, from $227,500 to $277,500. The live Zillow value series has rose 11.0% in the last 12 months, which is the more current read now that Redfin's series has stopped. 33.3% of Olyphant listings cut their asking price in the final Redfin month — a high share, and the clearest sign that list prices were running ahead of what buyers would pay. For prices to fall meaningfully from here, supply would have to keep building past 1.5 months while the sale-to-list ratio slips below its current 98.6%. Watch those two together — they move before the median does.

Redfin, through May 2026 — the chart ends at Redfin's final published month.

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What does it cost to buy a home in Olyphant?

Priced off the typical home value of $250,966 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.

Monthly principal and interest by down payment in Olyphant, PA
Down paymentCash at closeLoan amountMonthly P&I
20%$50,193$200,773$1,340/mo
5%$12,548$238,418$1,591/mo

Zillow, August 2026 for the price · Freddie Mac via FRED, September 2026 for the rate

What income do you need?

Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $1,340, that implies roughly $57,420 a year before you add taxes and insurance. The median household in Olyphant earns $63,516, about $6,096 more than that threshold — the typical local household clears the payment on a typical local home with 20% down. That puts the price-to-income ratio at 4.0x — above the historical 3x norm but in line with much of the country in 2026.

Run it with your own numbers: affordability calculator · mortgage calculator

Buying in Olyphant in the next 12 months?

Tell us your timeline. We send the Olyphant market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.

Is it cheaper to rent or buy in Olyphant?

Typical asking rent in Olyphant, PA is $1,600/mo, against a typical home value of $250,966. That is a price-to-rent ratio of 13.1x, which means buying tends to beat renting on monthly cost over a typical hold. Compared head to head, 20% down puts principal and interest at $1,340 a month — $260 less than renting before taxes and insurance, so ownership can win on monthly cost alone once you have the down payment.

Zillow, August 2026 for both value and rent

Add your own down payment, tax rate and time horizon in the rent vs. buy calculator.

Is inventory rising or falling in Olyphant?

Active listings in Olyphant, PA went from 9 in May 2025 to 6 in May 2026, a -33.3% change. Falling inventory tightens competition. When supply drops while demand holds, sale-to-list ratios rise before the median sale price does.

Active listings by month in Olyphant, PA
MonthActive listingsNew listings
June 202584
July 202596
August 202587
September 202585
October 202575
November 202551
December 202564
January 202694
February 202694
March 202675
April 202686
May 202666

Redfin, through May 2026

How does Olyphant compare to Pennsylvania and the U.S.?

Olyphant homes sell for $277,500 — 16% below the Pennsylvania median of $330,200. Against the national median of $410,700, Olyphant runs 32% lower. Year-over-year, Olyphant moved +27.3% against Pennsylvania's +5.3% — a bigger swing than the state as a whole.

Olyphant, PA compared with Pennsylvania and the United States
MarketMedian sale priceYoYDays on market
Olyphant, PA$277,500+27.3%24 days
Pennsylvania statewide$330,200+5.3%30 days
United States$410,700not publishednot published

City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)

What to do next in Olyphant

What buyers should watch

  • Months of supply, currently 1.5. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
  • The share of listings cutting price, currently 33.3%. A listing that has already cut once is the one most likely to accept below asking.
  • The gap between 5% and 20% down here is $251 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
  • Rate moves. At 7.03%, every full point of rate change moves the payment on a $250,966 home more than a 5% price change does.
  • Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.

What sellers should know

  • The median Olyphant listing goes under contract in 24 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
  • Homes here close at 98.6% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
  • In the last published month Olyphant added 6 new listings against 4 sales — more competition arriving than clearing, so early timing matters.
  • Your equity moved +11.0% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
  • Comparable ZIP-level pricing inside Olyphant varies more than the citywide median suggests — check the ZIP pages below before you set a number.

Homes for sale in Olyphant

There are currently 6 homes listed for sale in Olyphant, Pennsylvania. The median listing price is $181K.

Active listings

6

Homes on market

Median list price

$181K

Avg. days on market

24

Days until sale

New this week

6

Newly listed

Price drops:33.3%of listings
Sale-to-list:98.6%

How much do homes cost in Olyphant by property type?

How the Olyphant, PA market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026

Median price, price per square foot, homes sold and days on market by property type in Olyphant, PA
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$277,500$127/sq ft424 days

Who lives in Olyphant?

American Community Survey estimates for Olyphant. U.S. Census ACS, 2023

Population

5,370

Households

2,387

Median income

$63,516/yr

Median age

40.1 years

Owner-occupied

68.3%

Median home value

$143,400

Median gross rent

$889/mo

Mean commute

20 min

68.3% of occupied homes in Olyphant are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $143,400 against Zillow's $250,966 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions. Census median gross rent (all leases, including long-held ones) is $889/mo, below Zillow's $1,600/mo asking rent on new leases — the difference is roughly what a mover pays over a stayer.

Which cities are near Olyphant, PA?

Ordered by distance from Olyphant, not by size. Compare Olyphant side by side with any of them.

Olyphant housing market FAQ

Is Olyphant a buyer's or seller's market?

Olyphant, PA is currently a seller's market. That read comes from 1.5 months of supply, homes going under contract in about 24 days, and sellers getting 98.6% of their asking price in the last month Redfin published (May 2026).

How much do homes cost in Olyphant?

The typical home in Olyphant, PA is worth $250,966 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $277,500, about $127 per square foot.

Is Olyphant cheaper than the rest of Pennsylvania?

Olyphant's median sale price of $277,500 is 16% lower than the Pennsylvania statewide median of $330,200, and 32% below the U.S. median of $410,700. Both figures are for the same period.

How long do homes take to sell in Olyphant?

Homes in Olyphant, PA spent a median of 24 days on market before going under contract, versus 30 days statewide. That is a normal pace: enough time to see a home twice, not enough to wait a month. (Redfin, through May 2026.)

What income do you need to buy a home in Olyphant?

At the current 30-year fixed rate of 7.03%, 20% down on a $250,966 home is about $1,340 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $57,420 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $63,516.

Are home prices rising in Olyphant?

The typical home value in Olyphant, PA rose 11.0% over the last 12 months, from $226,013 to $250,966 (Zillow, August 2026). This is the live series — it refreshes monthly.

What are the cheapest ZIP codes in Olyphant?

Olyphant ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.

Is now a good time to buy in Olyphant?

That depends on your timeline, not on a headline. What the data says today: Olyphant, PA is a seller's market with 1.5 months of supply, the 30-year fixed rate is 7.03%, and the price-to-rent ratio of 13.1x means buying tends to beat renting on monthly cost over a typical hold. Properties Incorporated publishes the data; it does not give financial advice.

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