Market Overview
Home Prices in Olton, TX
The median home value in Olton, TX is $113,759 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 6.2% compared to a year ago and down 6.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Olton are priced72% below average. Olton is part of the Plainview, TX metro area.
Over the past five years, Olton home values have fallen by approximately6.6%, reflecting softening conditions in this market.
Price History
Olton Home Price Trend
2021
$121,748
$122K
—
2022
$136,635
$137K
+12.2%
2023
$126,543
$127K
-7.4%
2024
$130,037
$130K
+2.8%
2025
$121,283
$121K
-6.7%
2026
$113,759
$114K
-6.2%
City Comparison
Olton vs. National Median
🏠 Olton
$113,759
National Median
$410,000
At $113,759, homes in Olton cost 72% below the national median of $410,000. This makes Olton a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Olton?
20% Down Payment
$22,752
on $113,759
Monthly P&I
$593/mo
30-yr @ 6.8%
Total Monthly Est.
~$753/mo
incl. taxes & insurance
Income Needed
$30,120
gross annual (30% rule)
10% Down Option
$11,376
+ PMI applies
Loan Amount (20% dn)
$91,007
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 Olton, TX?
The median home value in Olton is $113,759 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 6.2% year-over-year.
How much have home prices changed in Olton?
Over the past year, home values in Olton have decreased by 6.2%. Over five years, prices have fallen approximately 6.6%.
How much do I need to earn to buy a home in Olton?
To comfortably afford the median home price of $113,759 with a 20% down payment ($22,752) at today's rates (6.8%), you'd need a gross annual income of approximately $30,120. This assumes keeping total housing costs at or below 30% of gross income.
How does Olton compare to the national average home price?
The national median home value is approximately $410,000. At $113,759, homes in Olton are 72% below the national average.
What metro area is Olton part of?
Olton is part of the Plainview, TX metropolitan area. Home prices and market conditions can vary across the broader metro region.