Is Olney, TX 76374 a buyer’s or seller’s market?
Olney is a balanced market. With about 4.3 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Olney housing market right now
In the three months ending August 31, 2026, 11% of homes in Olney, TX 76374 sold above their list price, the typical home went under contract in 23 days and there were 4.3 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. With only 9 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold faster (221 days then) and the median sale price rose 16% to $98,957. Overall, Olney is more competitive than a year ago, so tougher for buyers.
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Questions about Olney real estate
Is Olney a buyer’s or seller’s market?
A balanced market: there were 4.3 months of supply in Olney, TX 76374 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Olney?
The typical home went under contract in 23 days in the latest three months.
Do homes in Olney sell over asking?
11% of homes sold above their original list price, and the typical sale closed at 98.8% of the list price.
What are property taxes in Olney?
About 1.11% of a home’s value a year in Young County, or roughly $4,440 on a $400,000 home.
What is the median home price in Olney?
The median sale price was $98,957 in the three months ending August 31, 2026, about $79 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology