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MN area data

Olivia, MN

Olivia, MN.

Population: 2,905 (Census ACS)

The median home value in Olivia, MN is $197,420 — up 9.5% over the past year. Homes sell for a median $185,000 after a median 17 days on market. 4 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Very Low, with coldwave, drought, hail the top-rated hazards. Cost of living is 11.4% below the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$197,420

Median home value

+9.5%

1-year change

17

Median days on market

Very Low

Hazard risk (county)

Home values & appreciation

Median home value
$197,420
1-year appreciation
+9.5%
3-year appreciation
+12.6%
5-year appreciation
+23.7%
10-year appreciation
+102.4%
All-time peak (2026-04)
$201,321
House Price Index (state)
442.4 (+2.4% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$185,000
Median list price
$179,950
Median price per sqft
$133
1-year sale-price change
-23.5%
Median days on market
17 days
Homes sold (recent period)
9
For-sale inventory
21
Sale-to-list ratio
96.6%
Active listings
14
New listings (monthly)
7

Source: recent area sales and market data (ZIP-level)

Rents

Studio fair-market rent
$854/mo
1BR fair-market rent
$859/mo
2BR fair-market rent
$1,014/mo
3BR fair-market rent
$1,404/mo
4BR fair-market rent
$1,695/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Low)
88.6 (100 = US avg)
Electricity rate (state-level)
15.8¢/kWh
Natural gas rate (state-level)
$11.00/MCF
30-year mortgage rate (national)
7.40%
15-year mortgage rate (national)
6.73%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Schools

Total schools
4
Elementary schools
1
Middle schools
1
High schools
2
Avg student-teacher ratio
9.9 : 1
Schools include
BOLD-Bird Island Elementary, BOLD Senior High School, BOLD ALP, BOLD Middle School

Source: NCES school directory, 2022-23 (school-address-based)

Natural hazards & flood risk

Overall hazard risk (county)
Very Low
Top hazards (county)
coldWave, drought, hail, strongWind, winterWeather
Notable hazard ratings (county)
hail: Relatively Moderate · drought: Relatively Moderate · tornado: Relatively Low · coldWave: Relatively Moderate · heatWave: Relatively Low · iceStorm: Relatively Low
Wildfire risk to homes (county)
Higher than 12% of US counties
Buildings in wildfire direct-exposure zone
32.2%
Radon potential (county)
High radon potential — EPA Zone 1 of 3
EPA Superfund (NPL) sites within 5 mi
None
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Average annual temperature
45.0°F
Average high
55.5°F
Average low
34.5°F
Annual precipitation
29.5 in
Annual snowfall
43.6 in
USDA plant hardiness zone
4b (extreme annual low -25 to -20°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Amenities

Airports within 30 mi
14
Nearest airport
Olivia Regional Airport (1 mi)
Nearest major airport
Redwood Falls Municipal Airport (RWF) (15 mi)
Hospitals nearby (~15 mi)
1
Hospitals include
OLIVIA HOSPITAL & CLINIC
Avg hospital rating (CMS)
2.0 / 5
Best hospital rating nearby (CMS)
2.0 / 5
Solar radiation rating
Fair (3.9 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)

Migration

Net migration (county)
+4 tax filers

Source: IRS county-to-county migration data (county-level, ~12-month lag)

Housing stock

Median year housing built
1,965
Housing built before 1970
55.4%
Housing built 2000 or later
9.2%
Median annual property tax
$1,881
Mean commute to work
17 min
Households with broadband internet
67.5%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
4,173
Average weekly wage
$1,155
Top industries (by employment)
Construction, Accommodation & Food, Professional Services
Annual residential building permits (county)
10

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

OliviaState medianUS median
Median home value$197,420$300,176$288,527
Median sale price$185,000$315,500$325,000
Median days on market17 days39 days51 days
Median annual property tax$1,881$2,128$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the median home value in Olivia, MN?
$197,420.
What is the median sale price in Olivia, MN?
$185,000.
How long do homes take to sell in Olivia, MN?
Median days on market: 17 days.
What is typical rent in Olivia, MN?
2-bedroom fair-market rent: $1,014/month (HUD FMR — a 40th-percentile regulatory reference, not market-observed).
What is the natural-hazard risk in Olivia, MN?
Overall risk: Very Low (FEMA NRI, county-level). Top hazards: coldWave, drought, hail, strongWind, winterWeather.
What is the wildfire risk in Olivia, MN?
Risk to homes is higher than 12% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in Olivia, MN?
High radon potential — EPA Zone 1 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near Olivia, MN?
No current or proposed National Priorities List sites within 5 miles (EPA).
How many schools serve Olivia, MN?
4 schools (1 elementary, 1 middle, 2 high) (NCES, 2022-23).
What is the cost of living in Olivia, MN?
Regional Price Parity: 88.6 (100 = US average) (Low) (BEA RPP, metro/state-level).

ZIP code for Olivia

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Data last updated

Most recent source refresh: Oct 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents