Home prices
The value of the median home in Olney is $51,200. Compared to the surrounding areas it is roughly $24,960 (32%) lower.Compared to the rest of the country it is roughly $166,300 (76%) lower, and is about $69,200 (57%) lower in comparison to the city of Abilene.
Rents
In Olney the median rent is $689 per month. This is about $78 (12%) higher in comparison to its nearby areas.It is about $373 (35%) lower in comparison to the nation as a whole, and in comparison to the city of Abilene is about $235 (25%) lower.
Nearby places
Archer City
Archer City is about 18 miles north of Olney. Its housing prices are a little more expensive. The cost of the median home in Archer City is $74,200, which works out to $23,000 (30%) higher than Olney. Rent there is a little less expensive. The median rent in Archer City is $561 per month, which comes out to $128 (22%) lower than Olney.
Graham
Graham is roughly 21 miles southeast of Olney. Its housing prices are substantially more expensive. The median home in Graham is valued at $94,400, which is $43,200 (45%) higher than Olney. Rent there is pretty similar. Graham's median rent is $722 a month, which works out to $33 (4%) higher than Olney.
Bryson
Bryson is approximately 24 miles southeast of Olney. The real estate prices there are substantially more expensive. The median home in Bryson is valued at $83,000, which is $31,800 (38%) higher than Olney. Its rents are a bit less expensive. In Bryson the median rent is $580 a month, which works out to $109 (18%) lower than Olney.
Throckmorton
Throckmorton is about 25 miles southwest from Olney. The real estate prices there are a bit less expensive. Throckmorton's median home price is $39,200, which works out to $12,000 (30%) lower than Olney. The rent there is a little less expensive. In Throckmorton the median rent is $538 per month, which works out to $151 (28%) lower than Olney.
Scotland
Scotland is about 25 miles northeast of Olney. The real estate prices there are a lot more expensive. The median home in Scotland is valued at $90,000, which works out to $38,800 (43%) higher than Olney. The rent there is a little less expensive. In Scotland the median rent is $653 per month, which is $36 (5%) lower than Olney.
