Housing in Oliver

A typical Oliver home is worth roughly $110,000

Typical home value

$110K

MI $266K

Estimate

2-bedroom rent

$1,100

a month, utilities in · HUD

Median tax bill

$1,516

MI $2,904

What kind of housing town is Oliver?

Read from the numbers below. The page puts what stands out first.

Your money goes further59% below the Michigan typical home.

★ What stands out · Affordability

A typical home costs 2 years of income

Less than across Michigan (3.7 years). Try your own numbers below.

You could afford about

$205,000

Typical Oliver home $110K

That covers a typical Oliver home, with $94K to spare.

The typical home, each month

$710

Loan $550Tax $130Insurance $30

A two-bedroom rents for about $1,100 a month here, $390 more than owning.

Where your budget reaches nearby

Colfax$160K Winsor$140K Grant$163K

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Oliver’s typical property tax (1.37% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Renting

A two-bedroom rents for about $1,100

Renters already here pay a median of $885, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$780

1 bedroom$910

2 bedrooms$1,100

3 bedrooms$1,350

4 bedrooms$1,450

27%

of households rent · MI 27%

133

renter households

67%

of renters spend 30%+ of income on rent · MI 50%

24%

of the median income, for a two-bedroom

$885

median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Huron County, MI): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

The homes

73% of Oliver households own their home

Half of Oliver’s homes were built before 1957.

Owners and renters

Own 73%Rent 27%

Michigan: 73% own.

1957

typical home built · MI 1972

$1,516

median property tax bill · MI $2,904

1.37%

of a home’s value, a year in tax · MI 1.25%

of homes are seasonal or vacation homes

U.S. Census Bureau, American Community Survey 2020-2024.

Next door

Oliver vs. its neighbors

Oliver is the least expensive of 4 neighboring towns. Tap one to see its housing page.

Grant$163K Colfax$160K Winsor$140K Oliver$110K

Compare more

Town	Typical value	1-yr change	2-bed rent	Median income
Oliver	$110K*	—	$1,100	$55,938
Colfax	$160K*	+7.8%†	$970	$69,408
Winsor	$140K*	+17.7%†	$1,100	$64,014
Chandler	—	+8.3%†	$1,060	$65,000
Grant	$163K*	—	$990	$72,308

Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.

Neighbors talk housing

What Oliver buyers, sellers and renters are saying.

Town Square →

Weigh in

Is Oliver still affordable for young families?

Your answer becomes a post in Town Square.

Start the conversation

Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.