Olney, TX—76374
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Olney, TX
Olney, TX lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $113,000 | 0.7% |
| Single Family | $112,000 | 0.9% |
| 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 | $121,000 | 2.5% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Olney, TX
Olney, TX 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 — Olney, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Olney, TX is 98. This is a decrease of -16.0% 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 30.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $148,000 | 1.0% |
Listing Count | 20 | 84.0% |
| Listings as % of Homes | 0.2% | 84.0% |
Days on Market | 98 | -16.0% |
Demographics — Olney, TX
As of the latest ACS Survey released in 2023, Olney, TX has a population of 3,920, which has remained stable by 0.2% over the past 5 years. Olney, TX is a moderately popular place for families, as children make up 25.0% of the population. The area has a poorly educated workforce, with 20.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,920 | 0.2% |
% Under 18 | 25.0% | 30.9% |
% Seniors | 19.7% | -15.1% |
% WFH | 5.1% | 88.9% |
% w/ College Degree | 20.1% | -9.0% |
As of the latest ACS Survey released in 2023, Olney, TX is a predominantly white area, with 75.4% 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 Olney, TX is hispanic, making up 20.4% of the population. Foreign-born residents account for 7.0% of the population in Olney, TX, and this percentage has increased by 37.3% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 75.4% | 0.7% |
% Black | 0.3% | -25.0% |
% Hispanic | 20.4% | -7.3% |
% Asian | 0.9% | ∞% |
% Foreign Born | 7.0% | 37.3% |
Mortgage and Risk — Olney, TX
According to HUD data as of 2023, there were 52 mortgage originations in Olney, TX, of which 69.0% of loans were conventional mortgages. The average loan-to-value was 80.0%, with 40.0% above 90% LTV (very high). This implies large mortgage risk in Olney, TX. Investor activity is low, as 8.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 52 |
% Conventional Loans | 69.0% |
% Government Loans | 31.0% |
% Investor Loans | 8.0% |
% Second Loans | 4.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Olney, TX
Olney, TX lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 264 |
Total Units Section 8 | 84 |
% Rentals under Section 8 | 13.8% |
% Occupied Section 8 | 78.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $760 |
| 2 Bedroom | N/A | N/A | $940 |
| 3 Bedroom | N/A | N/A | $1,300 |
| 4 Bedroom | N/A | N/A | $1,450 |
Affordability — Olney, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.3 |
| Median Home Price | $113,000 |
| Median Household Income | $41,900 |