Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Olive Hill area can be challenging. Home prices in Olive Hill are now at a median cost of $74,204, lower than the Kentucky average of $164,895.
The average cost of rent is $589/mo in Olive Hill, primarily driven by the current value of real estate in the Olive Hill area. While nearly 69.72% of residents own their homes outright in Olive Hill, 17.23% rent.
Housing affordability isn’t just about home prices, though. The average household income in Olive Hill is $2,984 per month. Households that rent pay about 19.75% of their income on rent here. Olive Hill's most expensive areas are in the northeastern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Smoky Valley, KY: higher priced homes
- Prater, KY: higher priced homes
- Counts Crossroads, KY: higher priced homes
- Gimlet, KY: equally priced homes
- Emerson, KY: higher priced homes
- Wolf, KY: higher priced homes
- Brinegar, KY: less expensive homes
- Stark, KY: less expensive homes
- Grahn, KY: higher priced homes
- Fitch, KY: higher priced homes
Cities with Similar Populations
- Red Springs, NC: equally priced homes
- Palos Park, IL: higher priced homes
- Pine Hill, NJ: higher priced homes
- Pinehurst, TX: higher priced homes
- Portland, IN: higher priced homes
- Portland, MI: higher priced homes
- Prairie Grove, AR: higher priced homes
- Proctorville, OH: higher priced homes
- Prospect, CT: higher priced homes
- Pryor, OK: higher priced homes
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