Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Olema area can be challenging. Home prices in Olema are now at a median cost of $1,017,900, higher than the California average of $648,235.
The average cost of rent is $1,740/mo in Olema, primarily driven by the current value of real estate in the Olema area. While nearly 63.27% of residents own their homes outright in Olema, 70.30% rent.
Housing affordability isn’t just about home prices, though. The average household income in Olema is $6,242 per month. Households that rent pay about 27.88% of their income on rent here. Olema's most expensive areas are in the northwestern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Tocaloma, CA: higher priced homes
- Point Reyes Station, CA: higher priced homes
- Lagunitas, CA: less expensive homes
- Forest Knolls, CA: equally priced homes
- Lagunitas-Forest Knolls, CA: less expensive homes
- Nicasio, CA: higher priced homes
- Inverness, CA: equally priced homes
- San Geronimo, CA: less expensive homes
- Marshall, CA: higher priced homes
- Woodacre, CA: higher priced homes
Cities with Similar Populations
- Palermo, KS: less expensive homes
- Peth, NY: less expensive homes
- Perryville, AL: less expensive homes
- Perry Store, AL: less expensive homes
- Perkins, MO: less expensive homes
- Parkdale, CO: less expensive homes
- Panther, PA: less expensive homes
- Pancake, TX: less expensive homes
- Pamlico, NC: less expensive homes
- Pettus, AR: less expensive homes
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