Home prices
The median home in Olney costs $86,700. This is roughly $34,400 (65%) higher in comparison to its surrounding areas.Compared to the US as a whole it is about $130,800 (60%) lower, and compared to the city of Evansville it is approximately $7,500 (7%) lower.
Rents
The median rent in Olney is $539 a month. In comparison to nearby areas it is roughly $47 (7%) lower.In comparison to the rest of the nation it is roughly $523 (49%) lower, and in comparison to the city of Evansville it is roughly $235 (30%) lower.
Nearby places
Claremont
Claremont is about 5 miles east of Olney. Its housing prices are somewhat less expensive. The median home in Claremont is valued at $75,600, which comes out to $11,100 (14%) lower than Olney. Its rents are a bit more expensive. In Claremont the median monthly rent is $625, which comes out to $86 (13%) higher than Olney.
Calhoun
Calhoun is about 5 miles south from Olney. Housing prices there are substantially less expensive. The median home in Calhoun costs $46,300, which is $40,400 (87%) lower than Olney. Rent there is a bit more expensive. In Calhoun the median rent is $692 per month, which is $153 (22%) higher than Olney.
Noble
Noble is about 6 miles west from Olney. Its housing prices are significantly less expensive. Noble's median home cost is $49,100, which comes out to $37,600 (76%) lower than Olney. The rent there is pretty similar. In Noble the median rent is $531 a month, which is $8 (1%) lower than Olney.
Parkersburg
Parkersburg is roughly 9 miles south from Olney. Its real estate prices are a lot less expensive. The median home price in Parkersburg is $46,700, which is $40,000 (85%) lower than Olney. Its rents are similar. In Parkersburg the median rent is $525 per month, which comes out to $14 (2%) lower than Olney.
Sumner
Sumner is approximately 9 miles east of Olney. Real estate prices there are significantly less expensive. The cost of the median home in Sumner is $43,800, which works out to $42,900 (97%) lower than Olney. Rent there is pretty similar. In Sumner the median rent is $555 a month, which works out to $16 (2%) higher than Olney.