Housing in Olney, TX

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

Housing Market Snapshot

Source: Zillow — January 2026

Zillow Home Value Index

$114,160

Olney vs Similar Cities

Source: Census ACS / Redfin (2023)

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

Median Home Value

17th%ilemost expensive$92,200show rank

Median Rent

2nd%ilemost expensive rent$436show rank

Rent Burden

14th%ilehighest rent burden13.3%show rank

Census Housing Data

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

Median Home Value

$92,200

Median Rent

$436

Total Housing Units

1,561

Vacancy Rate

10.8%

Owner Occupied

65.7%

Renter Occupied

34.3%

Median Property Tax

$1,526

per year

Monthly Cost (w/ Mortgage)

$617

Housing Types

Single Family

86.0%

Multi-Family

11.7%

Mobile Home

2.2%

The median home value in Olney, TX is $92,200. According to Zillow, the home value index for Olney is $114,160. The median rent is $436 per month (Census ACS). About 65.7% of housing units are owner-occupied. The median year homes were built is 1967. There are 1,561 total housing units.