What is the median home value in Olive Township (Ottawa County), MI?
The median value of owner-occupied homes in Olive Township (Ottawa County), MI is $283,800 (±$65,282), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.
In Olive Township (Ottawa County), the median home value went from $169,300 in 2015–2019 to $283,800 in 2020–2024 (+67.6%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Figures last updated on .
- Median home value
- $283,800 (±$65,282)
- Owner-occupied homes
- 1,694 (±158)
- Most common range
- $300,000 to $499,999
Home values in Olive Township (Ottawa County)
| Value | Olive Township (Ottawa County) | Ottawa County | Michigan | United States |
|---|---|---|---|---|
| Less than $50,000 | 14.8% (±7.5 points) | 5.4% | 7.6% | 5.3% |
| $50,000 to $99,999 | 8.0% (±5.1 points) | 2.4% | 9.2% | 6.1% |
| $100,000 to $149,999 | 5.7% (±4.6 points) | 3.8% | 10.6% | 6.8% |
| $150,000 to $199,999 | 5.8% (±4.6 points) | 6.6% | 14.1% | 9.0% |
| $200,000 to $299,999 | 18.1% (±6.3 points) | 26.0% | 23.4% | 17.8% |
| $300,000 to $499,999 | 31.8% (±8.9 points) | 39.3% | 24.1% | 26.9% |
| $500,000 to $999,999 | 14.2% (±6.2 points) | 14.2% | 9.2% | 20.9% |
| $1,000,000 or more | 1.8% (±1.8 points) | 2.4% | 1.6% | 7.1% |
The most common range is $300,000 to $499,999, 31.8% of owned homes.
Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.
Olive Township (Ottawa County) against Ottawa County, its state and the nation
| Olive Township (Ottawa County) | Ottawa County | Michigan | United States | |
|---|---|---|---|---|
| Median home value | $283,800 (±$65,282) | $323,400 (±$4,476) | $231,600 (±$642) | $332,700 |
| Owner-occupied homes | 1,694 (±158) | 88,248 (±1,102) | 2,984,190 (±12,886) | 84,210,142 |
In Olive Township (Ottawa County), the median home value is not measurably different from Ottawa County ($323,400).
It is not measurably different from Michigan ($231,600).
It is not measurably different from the national figure ($332,700).
In Ottawa County, Olive Township (Ottawa County) ranks 17 of 23 places with a published estimate, from highest to lowest median home value.
Statewide, it ranks 267 of 1,518.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How home values in Olive Township (Ottawa County) have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median home value | $169,300 (±$16,780) | $283,800 (±$65,282) | +67.6% | Up after inflation |
| Median owner cost with a mortgage | $1,295 (±$77) | $1,456 (±$99) | +12.4% | No measurable change after inflation |
| Median real estate taxes | $2,430 (±$177) | $3,061 (±$373) | +26.0% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median home value in places near Olive Township (Ottawa County)
| Place | Distance | Median home value | Compared with this place |
|---|---|---|---|
| Olive Township (Ottawa County) | — | $283,800 (±$65,282) | — |
| Port Sheldon Township | 4.8 mi | $389,400 (±$31,131) | Higher |
| Holland Charter Township | 5.2 mi | $275,100 (±$9,240) | Not measurably different |
| Blendon Township | 5.9 mi | $395,600 (±$21,328) | Higher |
| Zeeland | 6.7 mi | $299,000 (±$34,674) | Not measurably different |
| Robinson Township | 6.8 mi | $313,100 (±$25,831) | Not measurably different |
| Park Township (Ottawa County) | 6.9 mi | $393,200 (±$23,107) | Higher |
| Beechwood | 7.0 mi | $277,800 (±$30,870) | Not measurably different |
| Allendale Charter Township | 8.5 mi | $321,300 (±$17,781) | Not measurably different |
Nearby places with a measurably higher figure: Port Sheldon Township, MI ($389,400), Blendon Township, MI ($395,600), Park Township (Ottawa County), MI ($393,200).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median home value across Ottawa County, place by place
| Rank | Place | Median home value |
|---|---|---|
| 11 | Allendale Charter Township | $321,300 (±$17,781) |
| 12 | Wright Township (Ottawa County) | $321,000 (±$34,886) |
| 13 | Robinson Township | $313,100 (±$25,831) |
| 14 | Crockery Township | $306,000 (±$61,562) |
| 15 | Zeeland | $299,000 (±$34,674) |
| 16 | Hudsonville | $285,700 (±$19,783) |
| 17 | Olive Township (Ottawa County) | $283,800 (±$65,282) |
| 18 | Chester Township (Ottawa County) | $276,100 (±$33,083) |
| 19 | Holland Charter Township | $275,100 (±$9,240) |
| 20 | Holland | $252,200 (±$9,325) |
| 21 | Grand Haven | $250,100 (±$18,365) |
| 22 | Coopersville | $244,100 (±$17,192) |
| 23 | Ferrysburg | $239,900 (±$59,420) |
Showing 13 of 23 places in Ottawa County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Olive Township (Ottawa County)
What is the average home value in Olive Township (Ottawa County), MI?
The Census Bureau publishes the median: $283,800 (±$65,282) for owner-occupied homes in Olive Township (Ottawa County) (2020–2024 American Community Survey).
Have home values in Olive Township (Ottawa County) gone up?
In Olive Township (Ottawa County), the median home value went from $169,300 in 2015–2019 to $283,800 in 2020–2024 (+67.6%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Is this what homes in Olive Township (Ottawa County) sell for?
No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Olive township, Ottawa County, Michigan
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Olive township, Ottawa County, Michigan
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Olive township, Ottawa County, Michigan
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Olive township, Ottawa County, Michigan
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Olive township, Ottawa County, Michigan (county subdivision:60460, in state:26 county:139).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.
The API needs a free key.
DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Olive Township (Ottawa County) at a glance
- Income and affordability in Olive Township (Ottawa County)
- Homeowner costs in Olive Township (Ottawa County)
- Property taxes in Olive Township (Ottawa County)
- Types of homes in Olive Township (Ottawa County)
- Age of homes in Olive Township (Ottawa County)
- Heating fuel in Olive Township (Ottawa County)
- Commute and cars in Olive Township (Ottawa County)
- Population growth in Olive Township (Ottawa County)
- How long people stay in Olive Township (Ottawa County)
- Michigan landlord and tenant rules
- Housing across Ottawa County
- Michigan places ranked by median home value
- Housing data for every place in Michigan