Olson Place—59477
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Olson Place
As of Oct '25, the median home price in Olson Place is $376,000, with a year-over-year change of 6.8%. This indicates that home prices in Olson Place are increasing. According to Zillow, the 1-year price projection is 5.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $376,000 | 6.8% |
| Single Family | $377,000 | 6.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Olson Place
Olson Place 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 — Olson Place
Olson Place lacks sufficient listing trend data for analysis.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $499,000 | N/A |
Listing Count | 1 | N/A |
| Listings as % of Homes | 2.3% | N/A |
Days on Market | 21 | N/A |
Demographics — Olson Place
As of the latest ACS Survey released in 2023, Olson Place has a population of 326, which has decreased by -31.7% over the past 5 years. Olson Place is a popular place for families, as children make up 36.5% of the population. The area has a moderately educated workforce, with 28.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 326 | -31.7% |
% Under 18 | 36.5% | 44.8% |
% Seniors | 23.6% | 23.6% |
% WFH | 9.6% | -18.6% |
% w/ College Degree | 28.0% | 65.7% |
As of the latest ACS Survey released in 2023, Olson Place is a predominantly white area, with 98.8% of the population identifying as white. The white population has grown by 0.7% in the last 5 years. The second most common race or ethnicity in Olson Place is black, making up 0.0% of the population. Foreign-born residents account for 0.0% of the population in Olson Place, and this percentage has decreased by 100.0% 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 | 98.8% | 0.7% |
% Black | 0.0% | N/A |
% Hispanic | 0.0% | N/A |
% Asian | 0.0% | N/A |
% Foreign Born | 0.0% | -100.0% |
Mortgage and Risk — Olson Place
Olson Place lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Olson Place
Olson Place lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $980 |
| 2 Bedroom | N/A | N/A | $1,260 |
| 3 Bedroom | N/A | N/A | $1,710 |
| 4 Bedroom | N/A | N/A | $1,940 |
Affordability — Olson Place
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.3 |
| Median Home Price | $376,000 |
| Median Household Income | $95,900 |