Housing in Olivia, MN

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Zillow — January 2026

Zillow Home Value Index

$189,403

Olivia vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Olivia is highlighted.

Median Home Value

43rd%ilemost expensive$156,600show rank

Median Rent

22nd%ilemost expensive rent$740show rank

Rent Burden

19th%ilehighest rent burden14.2%show rank

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$156,600

Median Rent

$740

Total Housing Units

1,138

Vacancy Rate

17.1%

Owner Occupied

62.9%

Renter Occupied

37.1%

Median Property Tax

$1,815

per year

Monthly Cost (w/ Mortgage)

$930

Housing Types

Single Family

66.7%

Multi-Family

27.0%

Mobile Home

6.3%

The median home value in Olivia, MN is $156,600. According to Zillow, the home value index for Olivia is $189,403. The median rent is $740 per month (Census ACS). About 62.9% of housing units are owner-occupied. The median year homes were built is 1969. There are 1,138 total housing units.