Olive Hill, KY—41164
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Olive Hill, KY
As of Oct '25, the median home price in Olive Hill, KY is $147,000, with a year-over-year change of 5.5%. This indicates that home prices in Olive Hill, KY are increasing. According to Zillow, the 1-year price projection is -1.3%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $147,000 | 5.5% |
| Single Family | $147,000 | 3.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $113,000 | 0.9% |
3 Bed | $157,000 | 4.0% |
4 Bed | $207,000 | 3.5% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Olive Hill, KY
Olive Hill, KY lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Olive Hill, KY
As of Oct '25, Realtor.com reports that the median days on market for a home in Olive Hill, KY is 69. This is a decrease of -34.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 21.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $207,000 | -19.0% |
Listing Count | 29 | 73.0% |
| Listings as % of Homes | 0.5% | 73.0% |
Days on Market | 69 | -34.0% |
Demographics — Olive Hill, KY
As of the latest ACS Survey released in 2023, Olive Hill, KY has a population of 12,400, which has decreased by -5.0% over the past 5 years. Olive Hill, KY is a moderately popular place for families, as children make up 21.4% of the population. The area has a poorly educated workforce, with 15.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 12,400 | -5.0% |
% Under 18 | 21.4% | -12.3% |
% Seniors | 20.9% | 21.5% |
% WFH | 2.1% | -38.2% |
% w/ College Degree | 15.6% | 67.7% |
As of the latest ACS Survey released in 2023, Olive Hill, KY is a predominantly white area, with 96.2% of the population identifying as white. The white population has shrunk by 2.1% in the last 5 years. The second most common race or ethnicity in Olive Hill, KY is hispanic, making up 1.5% of the population. Foreign-born residents account for 0.2% of the population in Olive Hill, KY, and this percentage has decreased by 50.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 96.2% | -2.1% |
% Black | 0.3% | -25.0% |
% Hispanic | 1.5% | 275.0% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 0.2% | -50.0% |
Mortgage and Risk — Olive Hill, KY
According to HUD data as of 2023, there were 154 mortgage originations in Olive Hill, KY, of which 73.0% of loans were conventional mortgages. The average loan-to-value was 76.0%, with 31.0% above 90% LTV (very high). This implies large mortgage risk in Olive Hill, KY. Investor activity is low, as 6.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 154 |
% Conventional Loans | 73.0% |
% Government Loans | 27.0% |
% Investor Loans | 6.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Olive Hill, KY
Olive Hill, KY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 166 |
Total Units Section 8 | 126 |
% Rentals under Section 8 | 13.4% |
% Occupied Section 8 | 86.2% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $660 |
| 2 Bedroom | N/A | N/A | $870 |
| 3 Bedroom | N/A | N/A | $1,200 |
| 4 Bedroom | N/A | N/A | $1,330 |
Affordability — Olive Hill, KY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.4 |
| Median Home Price | $147,000 |
| Median Household Income | $53,800 |