Olivet, Michigan.
Typical home $235,624 (+5.4% in a year). Lansing-East Lansing, MI metro.
to buy the typical home at today's mortgage rate — +$637 (+106%) since Jan 2020.
- 1 year
- Up $11,985 +5%
- $223,639$235,624 since Sep 2025
- 5 years
- Up $44,461 +23%
- $191,163$235,624 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Olivet$1,237
- Michigan$1,384
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 17 years.
Typical home values in Olivet, MI rose 5.4% over the past year — faster than the nation's +1.2%.
Living in Olivet, Eaton County, Michigan
Olivet is a city of 1,517 people in Eaton County. 50% of its homes are lived in by their owners and 50% are rented. Unemployment in Eaton County was 4.4% in August 2026, and the county had 2.5% more jobs in 2025 than the year before. The most residents work in schools and health care, then manufacturing.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Olivet is a small city in Eaton County, and it is a young place, with a median age far below what most American towns see, which fits a town built around a college. Homeownership here is lower than across much of the county, and incomes run well below the county's, with more people living in poverty. Winters are cold, with January highs near freezing, and summers are warm; snow is a regular part of the year.
Work. Many residents work in schools, hospitals and social care, with manufacturing, restaurants and hotels, and shops also employing a good share. The largest workplaces in Olivet include The University of Olivet, Olivet Community Schools and Air-way Global Manufacturing, which makes control valves and fluid power equipment. Commutes are fairly short, and some people work from home.
Things to do. The Battle Creek River and the Courthouse Square Museum are a short drive away. For a longer outing, Lyon Lake is a lake a longer drive away, and Potter Park Zoo is a zoo that is also a longer drive away.
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- 468households
- 25%of adults have a degree
- 15%below the poverty line
- 18 mintypical commute
- 13%work from home
What residents work in
Employed residents by industry, from the Census survey. Eaton County had 45,625 jobs in 2025, 2.5% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 30° and lows near 15°; warmest in July, with highs near 82° and lows near 60°. About 38 inches of snow and 36 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Charlotte weather station, 9 miles away (NOAA).
Largest workplaces in Olivet
- The University of OlivetUniversity or college227
- Olivet Community SchoolsSchool district174FTE
- Air-way Global ManufacturingControl valves, fluid power, manufacturing51
- Dean Transportation, Inc. - OlivetBus operation, school and employee51
- Compass Group48
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 3 workplaces with 20 or more staff, 150 people in all. Colleges come from IPEDS (NCES, 2023–24) and school districts from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Strong windRelatively high
- TornadoesRelatively high
- HailRelatively moderate
- Ice stormsRelatively moderate
- Cold wavesRelatively moderate
- Winter weatherRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Olivet’s census tracts, against the rest of the country; all of them together, relatively low. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Eaton County and the Lansing-East Lansing, MI metro.
Olivet home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Olivet$235,624
- Michigan$263,760
- United States$366,157
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Olivet8
New listings per month
Sellers arriving at the market.
Not enough data to draw this yet.
Zip codes with a Olivet address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Olivet — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.