Cheap Homes in Olive Hill, KY

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Foreclosure Homes in Olive Hill, KY

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Olive Hill, KY area at Get information on foreclosure homes for rent, how to buy foreclosures in Olive Hill, KY and much more. Save thousands at closing with home foreclosure listings in Olive Hill, KY — up to 75% off market value!

Top Reasons To Live In Olive Hill, KY In 2021

Olive Hill is located in Carter, Kentucky, with an estimated municipal population of 1,556 residents. All of the best foreclosed homes for sale in Olive Hill are located in the following zip code areas on 41164. The estimated population per square kilometer (.62 miles) in Olive Hill is 315.

Cost Of Living In Olive Hill, KY

So, about how much do homes cost in Olive Hill? The most recent median value of resident-owned homes in Olive Hill is 87,568. An estimated 60 percent of households in Olive Hill own their homes, with an average family size of 3.03. The median household income in Olive Hill is 28,333, with8 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Olive Hill, the median commute time of resident workers (in minutes) is 26.1. And last, but certainly not least, are you looking for homes to rent in Olive Hill? If so, the average rent price paid by renters in Olive Hill is 449, according to recent statistics.

Diversity And Demographics In Olive Hill, Kentucky

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Olive Hill, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Olive Hill is 47.2, split between 46.9 percent male versus 53.1 female. The percentage of residents who report being married in Olive Hill is 38.2, with an average family size of 3.03.

The percentage of residents who report their race in Olive Hill is as follows:

White 99.6%
Black / African American 0%
Asian 0%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 0.4%
Other 0%

Looking for family-friendly neighborhoods in and/or near Olive Hill? Or maybe you are searching for 55+ active adult communities in and/or near Olive Hill?

The percentage of residents who report their age in Olive Hill is as follows:

Under 10 15%
Aged 10-19 9.1%
20s 10.2%
30s 9.7%
40s 10.1%
50s 15.4%
60s 13.7%
70s 11.4%
80+ 5.2%

Best Schools In Olive Hill, Kentucky

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Olive Hill with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Olive Hill.

Pros And Cons Of Living In Olive Hill, Kentucky

How do you know that living in -- or moving to -- Olive Hill is right where you need to be? Perhaps you grew up in Olive Hill or already live nearby; therefore, the decision to buy a home in Olive Hill is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Olive Hill for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Olive Hill:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Olive Hill.

Reasons To Move To Olive Hill, Kentucky, In 2021

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Olive Hill can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Olive Hill, meanwhile, can field multiple offers from more qualified buyers.


Listing types in Olive Hill, KY

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