Olustee, OK73537

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$64,000
12.7% YoY Growth
Median Household Income
$68,000
98.3% 5-Year Growth
Days on Market
89
87.0% Longer than last year
Home Price Forecast
0.2%
Median 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

Property Listings — Olustee, OK

As of Aug '25 and according to Realtor.com, the median days on market for a home in Olustee, OK is 89. This is an increase of 87.0% from last year. This indicates that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%. This is a small percentage of inventory, suggesting little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$55,000-54.0%
Listing Count
4N/A
Listings as % of Homes0.4%N/A
Days on Market
8987.0%
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Demographics — Olustee, OK

MetricLatest CensusYoY % Change
Population
503-13.0%
% Under 18
20.3%-23.4%
% Under 5N/AN/A
% Seniors
21.3%3.4%
% WFH
18.2%264.0%
% w/ College Degree
22.1%85.7%
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Race and Ethnicity

MetricLatest Census5-Year % Change
% White
67.2%-13.1%
% Black
1.0%-28.6%
% Hispanic
25.6%69.5%
% Asian
0.0%-100.0%
% Foreign Born
10.3%212.1%
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Mortgage and Risk — Olustee, OK

According to the latest data from the U.S. Department of Housing and Urban Development (HUD) as of 2023, the number of mortgages originated in Olustee, OK in that year was NA. NA of all primary home loans were conventional, the remainder were government-backed loans, such as FHA loans. The average loan-to-value for all loans was NA. Of those, NA were >90% loan to value. This is considered unknown, suggesting that mortgage risk is unknown in Olustee, OK. Investor activity in Olustee, OK is unknown, as NA of all loans are originated by investors. In 2023, NA of all loans were cash-out refinances, suggesting unknown homeowners are actively tapping their home's equity.

Mortgages

MetricZip Code AverageMetro AverageState Average
Total Loan Originations
N/AN/AN/A
% Conventional Loans
N/AN/AN/A
% Government Loans
N/AN/AN/A
% Investor Loans
N/AN/AN/A
% Second Loans
N/AN/AN/A
% Cash Out Refinance
N/AN/AN/A
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Rentals and Section 8 — Olustee, OK

As of 2024, the percent of homes in Olustee, OK under the Section 8 program is NA. This is considered unknown, suggesting that the neighborhood is unknown composed of Section 8 homes. Section 8 opportunity is good when HUD pays homeowners more than the average rental market rate for various home sizes. For each bedroom size, the average difference between HUD payments and market rents is shown in the table below.

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 SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$700
2 BedroomN/AN/A$910
3 BedroomN/AN/A$1,220
4 BedroomN/AN/A$1,520

Affordability — Olustee, OK

Home Price to Income Ratio

MetricZip Code AverageMetro AverageState Average
Home Price to Income Ratio1N/AN/A
Median Home Price$64,000N/AN/A
Median Household Income$68,000N/AN/A

Olustee, OK — ZIP Code Boundary Map

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