Home prices
The median home cost in Olivarez is $69,300. In comparison to its nearby areas this is roughly $8,000 (13%) higher.Compared to the country as a whole it is approximately $148,200 (68%) lower, and is roughly $20,700 (23%) lower compared to the city of Brownsville.
Rents
Olivarez's median monthly rent is $597. In comparison to other places in this area it is roughly $19 (3%) higher.Compared to the US as a whole it is roughly $465 (43%) lower, and compared to the city of Brownsville is about $139 (18%) lower.
Nearby places
Mila Doce
Mila Doce is Olivarez's neighbor to the east. Housing prices there are a lot less expensive. The value of the median home in Mila Doce is $50,700, which works out to $18,600 (36%) lower than Olivarez. Rent there is similar. In Mila Doce the median rent is $573 a month, which works out to $24 (4%) lower than Olivarez.
Weslaco
Weslaco is Olivarez's neighbor to the south. Its real estate prices are somewhat more expensive. The median home cost in Weslaco is $83,900, which comes out to $14,600 (17%) higher than Olivarez. The rent there is a bit more expensive. Weslaco's median monthly rent is $709, which comes out to $112 (15%) higher than Olivarez.
Midway North
Midway North is about 3 miles southwest from Olivarez. Its housing prices are a little more expensive. The median home in Midway North is valued at $76,000, which works out to $6,700 (8%) higher than Olivarez. Its rents are a little less expensive. Midway North's median rent is $555 per month, which comes out to $42 (7%) lower than Olivarez.
Indian Hills
Indian Hills is about 4 miles east of Olivarez. Housing prices there are significantly less expensive. The median home in Indian Hills is valued at $44,500, which comes out to $24,800 (55%) lower than Olivarez. Its rents are similar. The median monthly rent in Indian Hills is $578, which works out to $19 (3%) lower than Olivarez.
Edcouch
Edcouch is roughly 5 miles north of Olivarez. Housing prices there are a lot less expensive. Edcouch's median home value is $51,400, which is $17,900 (34%) lower than Olivarez. Its rents are a little less expensive. The median monthly rent in Edcouch is $476, which comes out to $121 (25%) lower than Olivarez.
