Olivet, MI
Full City Profile · Michigan · Eaton County County
2.9
/5.0
C+
Fair
1,633
Population
1,601/sq mi density
$44,940
Median Income
$19,333 per capita
$137,300
Home Value
$222,139 Zillow
$919
Median Rent
30.7% income on rent
47°F
Avg Temperature
260 sunny days/yr
108
Violent Crime/100K
700 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
C+
Economy
2.8 / 5.0
$44,940 median income, 7.9% unemployment
A+
Affordability
5.0 / 5.0
$137,300 home value, $919/mo rent
F
Safety
1.0 / 5.0
108 violent crimes/100K
C+
Education
3.0 / 5.0
24.7% bachelor's degree or higher
Housing Overview
Median Home Value
$137,300
51% below
US avg: $281,900
Median Rent
$919/mo
21% below
US avg: $1,163/mo
Homeownership Rate
49.2%
25% below US avg (65.4%)
Total Housing Units
489
Median year built: 1955
Home Value by Source
Census Median
$137,300
Zillow (ZHVI)
$222,139
Median Sale Price
$178,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
49.2%
Owner-Occupied
50.8%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$807/mo
1 Bedroom
$891/mo
2 Bedroom
$1,113/mo
3 Bedroom
$1,419/mo
4 Bedroom
$1,588/mo
Census median rent:
$919/mo
Market Indicators (Redfin)
Median Days on Market
8 days
Sale-to-List Ratio
1.1%
Buyers market
Homes Sold
1
Price Drops
100.0%
of listings with price reduction
Price Per Sq Ft
$148
Active Inventory
1
homes for sale
Affordability & Housing Stock
Rent Burden
30.7%
of renters spending 30%+ of income on housing
1% below US avg (31.0%)
Median Year Built
1955
Average age of housing stock: 71 years
Homeownership Rate
49.2%
Complete Housing Data
Home Values
| Census Median Value | $137,300 |
| Zillow Home Value (ZHVI) | $222,139 |
| Median Sale Price | $178,000 |
| Price Per Sq Ft | $148 |
Rent
| Census Median Rent | $919 |
| FMR Studio | $807 |
| FMR 1-Bedroom | $891 |
| FMR 2-Bedroom | $1,113 |
| FMR 3-Bedroom | $1,419 |
| FMR 4-Bedroom | $1,588 |
Market
| Days on Market | 8 |
| Sale-to-List Ratio | 1.1% |
| Price Drops | 100.0% |
| Homes Sold | 1 |
| Active Inventory | 1 |
| Price Per Sq Ft | $148 |
Ownership & Stock
| Owner-Occupied | 49.2% |
| Renter-Occupied | 50.8% |
| Homeownership Rate | 49.2% |
| Total Housing Units | 489 |
| Median Year Built | 1955 |
| Rent Burden | 30.7% |
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