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MN area data

Olivia, MN

Olivia, MN.

Population: 2,905 (Census ACS)

Home values & appreciation

Median home value
$203,078
1-year appreciation
+11.1%
3-year appreciation
+12.9%
5-year appreciation
+26.4%
10-year appreciation
+104.1%
All-time peak (2026-04)
$206,108
House Price Index
429.3 (+3.3% YoY)

Market activity

New listings (monthly)
7

Affordability

Cost of living index (Below Average)
90.0 (100 = US avg)
Electricity rate (state-level)
15.8¢/kWh
Natural gas rate (state-level)
$11.00/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
4
Elementary schools
1
Middle schools
1
High schools
2

Natural hazards & flood risk

Overall hazard risk
Very Low
Top hazards
coldWave, drought, hail, strongWind, winterWeather

Climate (30-year normals)

Average annual temperature
45.5°F
Average high
55.5°F
Average low
35.5°F
Annual precipitation
31.0 in
Annual snowfall
49.7 in

Amenities

Nearest airport
Olivia Regional Airport (1 mi)
Nearest major airport
Redwood Falls Municipal Airport (RWF) (15 mi)
Hospitals nearby (~15 mi)
1
Solar radiation rating
Fair (3.9 kWh/m²/day)

Migration

Net migration
+4 tax filers

Housing stock

Median year housing built
1,965
Median annual property tax
$1,881
Mean commute to work
17 min
Households with broadband internet
67.5%

Employment & development

Total county employment
4,157
Average weekly wage
$1,075
Top industries (by employment)
Health Care, Accommodation & Food, Construction
Annual residential building permits (county)
21

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents