What is the median home value in Olivet, MI?

The median value of owner-occupied homes in Olivet, MI is $154,900 (±$16,252), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

In Olivet, the median home value went from $110,600 in 2015–2019 to $154,900 in 2020–2024 (+40.1%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on .

Median home value
$154,900 (±$16,252)
Owner-occupied homes
235 (±53)
Most common range
$100,000 to $149,999

Home values in Olivet

Owner-occupied homes by value, 2020–2024
ValueOlivetEaton CountyMichiganUnited States
Less than $50,0006.8% (±6.6 points)6.3%7.6%5.3%
$50,000 to $99,99910.2% (±6.8 points)5.5%9.2%6.1%
$100,000 to $149,99929.8% (±9.5 points)11.8%10.6%6.8%
$150,000 to $199,99923.0% (±9.0 points)20.4%14.1%9.0%
$200,000 to $299,99925.1% (±10.3 points)30.8%23.4%17.8%
$300,000 to $499,9993.4% (±3.7 points)21.0%24.1%26.9%
$500,000 to $999,9991.7% (±2.8 points)3.9%9.2%20.9%
$1,000,000 or more0.0% (±12.0 points)0.3%1.6%7.1%

The most common range is $100,000 to $149,999, 29.8% 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.

Olivet against Eaton County, its state and the nation

Estimate (90% margin of error)
OlivetEaton CountyMichiganUnited States
Median home value$154,900 (±$16,252)$216,900 (±$4,419)$231,600 (±$642)$332,700
Owner-occupied homes235 (±53)33,694 (±620)2,984,190 (±12,886)84,210,142

In Olivet, the median home value is lower than in Eaton County ($216,900).

It is also lower than in Michigan ($231,600).

It is lower than the national figure ($332,700).

In Eaton County, Olivet ranks 19 of 21 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 1174 of 1,518.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How home values in Olivet have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median home value$110,600 (±$11,459)$154,900 (±$16,252)+40.1%No measurable change after inflation
Median owner cost with a mortgage$1,151 (±$81)$1,162 (±$81)+1.0%Down after inflation
Median real estate taxes$2,135 (±$305)$2,660 (±$436)+24.6%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 Olivet

Nearest places with a published estimate, compared with Olivet
PlaceDistanceMedian home valueCompared with this place
Olivet—$154,900 (±$16,252)—
Walton Township2.6 mi$221,100 (±$16,632)Higher
Bellevue4.5 mi$118,100 (±$11,772)Lower
Bellevue Township4.6 mi$170,600 (±$24,589)Not measurably different
Lee Township (Calhoun County)5.2 mi$212,800 (±$21,016)Higher
Convis Township5.4 mi$184,400 (±$52,866)Not measurably different
Carmel Township7.2 mi$221,800 (±$20,667)Higher
Brookfield Township (Eaton County)7.5 mi$217,200 (±$16,648)Higher
Kalamo Township9.1 mi$233,400 (±$17,601)Higher

Nearby places with a measurably lower figure: Bellevue, MI ($118,100).

Nearby places with a measurably higher figure: Walton Township, MI ($221,100), Lee Township (Calhoun County), MI ($212,800), Carmel Township, MI ($221,800).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median home value across Eaton County, place by place

RankPlaceMedian home value
13Grand Ledge$194,000 (±$13,530)
14Sunfield Township$190,800 (±$14,331)
15Roxand Township$179,400 (±$23,397)
16Vermontville Township$176,500 (±$21,169)
17Bellevue Township$170,600 (±$24,589)
18Eaton Rapids$155,800 (±$15,687)
19Olivet$154,900 (±$16,252)
20Potterville$154,500 (±$25,875)
21Charlotte$153,900 (±$10,139)

Showing 9 of 21 places in Eaton 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 Olivet

What is the average home value in Olivet, MI?

The Census Bureau publishes the median: $154,900 (±$16,252) for owner-occupied homes in Olivet (2020–2024 American Community Survey).

Have home values in Olivet gone up?

In Olivet, the median home value went from $110,600 in 2015–2019 to $154,900 in 2020–2024 (+40.1%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Is this what homes in Olivet 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

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 Olivet city, Michigan (place:60580, in state:26).

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.

Request a Census API 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 .

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