Olivet, MI Housing Market

Homes for sale

The Olivet housing market is somewhat competitive. The median sale price of a home in Olivet was $223K last month, up 85.6% since last year. The median sale price per square foot in Olivet is $102, down 7.3% since last year.

Trends
Demand
Migration
Schools
Climate

Olivet Housing Market Trends

What is the housing market like in Olivet today?

In July 2024, Olivet home prices were up 85.6% compared to last year, selling for a median price of $223K.

$199K

Sale Price

+13.8%
since last year

$102

Sale $/Sq. Ft.

-7.3%
since last year

Under List Price

2.7%

Days on Market

Down Payment

—

Total Homes Sold

To compare other locations to the Olivet and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Olivet add value to a home.

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How hot is the Olivet housing market?

Olivet is somewhat competitive. Homes sell in 41 days.

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 3% below list price and go pending in around 41 days.
Hot homes
can sell for about 1% above list price and go pending in around 20 days.

Compare With Nearby Cities

Battle Creek

100

Very Competitive

Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 2% below list price and go pending in around 18 days.
Hot homes
can sell for about 2% above list price and go pending in around 6 days.

Marshall

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 4% below list price and go pending in around 36 days.
Hot homes
can sell for around list price and go pending in around 12 days.

See more nearby cities and neighborhoods

Olivet Migration & Relocation Trends

In Sep '24 - Nov '24, 54% of Olivet homebuyers searched to move out of Olivet, while 46% looked to stay within the metropolitan area.

Where are people moving to Olivet from?

Across the nation, 0.07% of homebuyers searched to move into Olivet from outside metros.
Chicago homebuyers searched to move into Olivet more than any other metro followed by Los Angeles and Seattle.

Where are people from Olivet moving to?

46% of Olivet homebuyers searched to stay within the Olivet metropolitan area.
Grand Rapids was the most popular destination among Olivet homebuyers followed by Miami and Detroit.

Number of People Moving to Olivet

least

most

People are moving to Olivet from

Inbound		Net inflow
Metros		Sep '24 - Nov '24
1	Chicago, IL	40
2	Los Angeles, CA	20
3	Seattle, WA	20
4	Denver, CO	11
5	Washington, DC	9
6	Phoenix, AZ	9
7	San Diego, CA	9
8	Tampa, FL	8
9	Boston, MA	7
10	Nashville, TN	6

People are leaving Olivet for

Outbound		Net outflow
Metros		Sep '24 - Nov '24
1	Grand Rapids, MI	104
2	Miami, FL	68
3	Detroit, MI	44
4	Jackson, MI	19
5	South Bend, IN	19
6	Traverse City, MI	16
7	Saginaw, MI	15
8	Kansas City, MO	14
9	Kalamazoo, MI	13
10	Milwaukee, WI	7

Methodology

This data does not reflect actual moves. The latest migration analysis is based on a sample of about two million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.

View houses in Olivet that sold recently

Recently sold homes

SOLD DEC 9, 2024
$290,000 Last Sold Price
3 beds
2 baths
2,368 sq ft
6474 Monroe Rd, Olivet, MI 49076
List Price
$299,900
Sale to List
3% under list
Days on Market
90 days
6474 Monroe Rd, Olivet, MI 49076
SOLD DEC 2, 2024
$319,900 Last Sold Price
3 beds
2 baths
2,150 sq ft
114 Yale St, Olivet, MI 49076
List Price
$319,900
Sale to List
0% over list
Days on Market
40 days
114 Yale St, Olivet, MI 49076
SOLD NOV 27, 2024
$199,000 Last Sold Price
3 beds
2 baths
1,944 sq ft
4730 W Butterfield Hwy, Olivet, MI 49076
List Price
$199,000
Sale to List
0% over list
Days on Market
141 days
4730 W Butterfield Hwy, Olivet, MI 49076
SOLD NOV 6, 2024
$175,000 Last Sold Price
—beds
—baths
802 sq ft
704 S Main St, Olivet, MI 49076
List Price
$180,000
Sale to List
3% under list
Days on Market
190 days
704 S Main St, Olivet, MI 49076
SOLD OCT 31, 2024
3D WALKTHROUGH
$238,000 Last Sold Price
4 beds
1.5 baths
1,993 sq ft
5019 Marshall Rd, Olivet, MI 49076
List Price
$235,000
Sale to List
1% over list
Days on Market
36 days
5019 Marshall Rd, Olivet, MI 49076
SOLD OCT 30, 2024
$168,000 Last Sold Price
5 beds
3 baths
2,148 sq ft
338 College St, Olivet, MI 49076
List Price
$185,000
Sale to List
9% under list
Days on Market
92 days
338 College St, Olivet, MI 49076
SOLD OCT 22, 2024
$32,000 Last Sold Price
—beds
—baths
—sq ft
3375 W Bellevue Hwy, Olivet, MI 49076
List Price
$34,900
Sale to List
8% under list
Days on Market
225 days
3375 W Bellevue Hwy, Olivet, MI 49076
SOLD OCT 18, 2024
$45,000 Last Sold Price
5 beds
2 baths
2,156 sq ft
319 E Cottage St, Olivet, MI 49076
List Price
$50,000
Sale to List
10% under list
Days on Market
72 days
319 E Cottage St, Olivet, MI 49076
See all recently sold homes in Olivet.
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Schools in Olivet

Learn about schools in the Olivet area

Elementary
Middle
High

GreatSchools Rating

6/10

Olivet Middle School

Public • 4-8

456

Students

4 reviews

School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.

Climate's impact on Olivet housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Olivet.

Wind Factor - Minor

100% of properties are at minor risk of a severe wind event over the next 30 years

Heat Factor - Minor

71% of properties are at minor risk of heat over the next 30 years

Provided by First Street Foundation

More real estate resources for Olivet

New Listings in Olivet

Nearby City Housing Markets

Zip Code Housing Markets

49076 Housing Market

Nearby City Listings

Zip Code Listings

49076 Real Estate

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