Olive Hill, KY Real Estate
According to census data in the year 2000 there were 883 housing units in Olive Hill.
This represents a 6% growth from 833 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 883 were located in what is classified as a rural area.
Homeownership rate in Olive Hill is about 68.2%.
Olive Hill's vacancy rate, including seasonal lodging, is about 10.3%.
Average household size is 2.37 people.
The majority of houses, apartments or condos in Olive Hill were built after 1969.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 14.30% |
| Two Bedrooms | 28.90% |
| Three Bedrooms | 39.60% |
| Four Bedrooms | 14% |
| Five Bedrooms or more | 3.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.34 |
| Median year structure was built | 1968 |
| Median Value of occupied units | $53,500 |
| Median Price asked for vacant units | $31,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.44 |
| Median year structure was built | 1970 |
| Median Monthly Rent asked for vacant units | $275 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 2.90% |
| Home Equity Loan | 3.20% |
| Simple Mortgage | 44.70% |
| Debt Free | 49.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.3% |
