Olmos Park's October First-Time Homebuyer Report

Olmos Park is much younger than the rest of Texas, with a median age of 44. It's very affluent as well, with a median income of $103,079 per household. The Olmos Park market is primarily made up of detached houses, which currently account for 84% of the homes for sale in the area.

Price Range

Olmos Park has some of the more expensive homes in the state with a median home value of $465,700 and a current average list price of $694,115. The Olmos Park market saw sales remain flat this week with one home sold over the last 30 days but new listings fell to seven.

Out of all the listings in Olmos Park, these have been viewed the most. So be sure to see what all the fuss is about with these fabulous homes.

$479K   $1.2M   $635K  

Typical Dwelling

The typical dwelling in Olmos Park is a three-bedroom detached home worth about $711,663. To purchase a similar home, a buyer with good credit and a $142,333 cash down payment could obtain a mortgage with a 3.95% interest rate and a $1,346 monthly payment. The property tax rate is $19.31 per $1,000 of taxable assessed value.

Get started right now by checking out Olmos Park homes for sale or reviewing Olmos Park real estate trends.


Data reported through 10/13/2016

Comments:

Ask a local expert about this area:
Better Homes & Gardens - Bradfield Properties
1 review
BHHS Don Johnson, REALTORS
Snapped 4 homes in this area
Keller Williams Luxury Homes 404-784-5759 luxury@realestateauctionoptions.com
Snapped 4 homes in this area

Agents that specialize in this area
3 snaps in this area
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