Market Overview
Home Prices in Ollie, IA
The median home value in Ollie, IA is $137,288 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 14.5% compared to a year ago and down 1.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Ollie are priced67% below average.
Price History
Ollie Home Price Trend
2022
$119,483
$119K
—
2023
$117,349
$117K
-1.8%
2024
$121,620
$122K
+3.6%
2025
$119,855
$120K
-1.5%
2026
$137,288
$137K
+14.5%
City Comparison
Ollie vs. National Median
🏠 Ollie
$137,288
National Median
$410,000
At $137,288, homes in Ollie cost 67% below the national median of $410,000. This makes Ollie a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Ollie?
20% Down Payment
$27,458
on $137,288
Monthly P&I
$716/mo
30-yr @ 6.8%
Total Monthly Est.
~$909/mo
incl. taxes & insurance
Income Needed
$36,360
gross annual (30% rule)
10% Down Option
$13,729
+ PMI applies
Loan Amount (20% dn)
$109,830
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Ollie, IA?
The median home value in Ollie is $137,288 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 14.5% year-over-year.
How much have home prices changed in Ollie?
Over the past year, home values in Ollie have increased by 14.5%.
How much do I need to earn to buy a home in Ollie?
To comfortably afford the median home price of $137,288 with a 20% down payment ($27,458) at today's rates (6.8%), you'd need a gross annual income of approximately $36,360. This assumes keeping total housing costs at or below 30% of gross income.
How does Ollie compare to the national average home price?
The national median home value is approximately $410,000. At $137,288, homes in Ollie are 67% below the national average.