Home Values

Olivet Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$111,200

  • 3.1% 1-year change
  • 3.5% 1-year forecast

The median home value in Olivet is $111,200. Olivet home values have gone up 3.1% over the past year and Zillow predicts they will rise 3.5% within the next year. The median price of homes currently listed in Olivet is $99,900 while the median price of homes that sold is $101,000.

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Olivet is 1.6%, which is lower than the national value of 6.3%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Olivet homeowners underwater on their mortgage is 25.3%, which is lower than Lansing Metro at 27.2%.

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Relative ZHVI
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Olivet Market Overview

Data through Feb 28, 2015
  • $111,200 ZHVI
  • 3.5% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Feb 29, 2016)
  • $99,900 Median listing price
  • No recent data Median sale price
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Olivet Market Health

Data through Feb 28, 2015
  • No recent data
  • No data Average days on Zillow
  • 25.3% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 1.6% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)
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Nearby Cities

Name Median ZHVI
Marshall $117,400
Potterville $100,200
Bellevue $99,800
Name Median ZHVI
Springport $98,800
Eaton Rapids $92,300
Charlotte $85,700
Name Median ZHVI
Nashville $80,000
Albion $68,500
Brownlee Park $50,900

Listings & Sales

Data through Feb 28, 2015
  • No recent data Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 4.2% Listings with price cut
45.5%
Sold below listing
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Olivet Rentals

Data through Feb 28, 2015
  • Zillow Rent Index

  • $982 Olivet
    $1,002 Lansing Metro
    $1,355 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 1.5 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • No data Rent list price
  • No data Rent list price / sq ft
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