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.


Housing Size

Housing Units by Size
Studio Type0%
One Bedroom14.30%
Two Bedrooms28.90%
Three Bedrooms39.60%
Four Bedrooms14%
Five Bedrooms or more3.20%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.34
Median year structure was built1968
Median Value of occupied units$53,500
Median Price asked for vacant units$31,300

Rented Homes, Apartments and Condos

Average Household Size2.44
Median year structure was built1970
Median Monthly Rent asked for vacant units$275

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage2.90%
Home Equity Loan3.20%
Simple Mortgage44.70%
Debt Free49.20%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs16.3%