Olivia, Minnesota.
Typical home $196,649 (+8.1% in a year).
to buy the typical home at today's mortgage rate — +$566 (+121%) since Jan 2020.
- 1 year
- Up $14,706 +8%
- $181,942$196,649 since Sep 2025
- 5 years
- Up $34,709 +21%
- $161,939$196,649 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.
- Olivia$1,032
- Minnesota$1,831
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 18 years.
Typical home values in Olivia, MN rose 8.1% over the past year — faster than the nation's +1.2%.
Living in Olivia, Renville County, Minnesota
Olivia is a city of 2,343 people in Renville County. Half its households earn more than $63,098 a year and half less, against $70,625 across Renville County; 13% of its people live below the poverty line. 66% of its homes are lived in by their owners and 34% are rented. Unemployment in Renville County was 5.4% in August 2026, and the county had 2.0% 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 It can be wrong or out of date.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. Olivia is a small city in Renville County, in the farm country of southwestern Minnesota. Most homes are lived in by their owners, and the population is older than in many American towns. Household incomes run below the county's overall, and typical home values are modest. Winters are cold, with January the coldest month, and a good deal of snow falls each year. Summers are warm, and the year brings a fair amount of rain.
Work. Many residents work in schools, hospitals and social care, with manufacturing, shops and other services also employing a good number. Among the largest workplaces in Olivia are Renville County and the Bird Island-Olivia-Lake Lillian school district, along with Corteva Agriscience's research site, which fits the area's farming roots. Most people have a short drive to work, and relatively few work from home. A four-year degree is held by fewer adults than across the country as a whole.
Things to do. Several places within a longer drive suit a day out. The Renville County Historical Museum offers a look at local history, while Fort Ridgely is a historic fort and Upper Sioux Agency State Park is an archaeological site tied to the region's past. Those who prefer water can head for Tiger Lake, which is also a longer drive away.
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- 961households
- 21%of adults have a degree
- 13%below the poverty line
- 18 mintypical commute
- 7%work from home
What residents work in
Employed residents by industry, from the Census survey. Renville County had 5,595 jobs in 2025, 2.0% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 21° and lows near 2°; warmest in July, with highs near 82° and lows near 59°. About 38 inches of snow and 28 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Olivia 3E weather station, 3 miles away (NOAA).
Largest workplaces in Olivia
- Renville CountyExecutive and legislative office combinations224
- Bird Island-olivia-lake Lillian SchoolsSchool district88FTE
- Corteva Agriscience - Olivia MN R&DPlanting crops42
- Beck's OliviaCorn farming, field and seed production37
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 3 workplaces with 20 or more staff, 303 people in all. School districts come 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
- Winter weatherVery high
- Strong windVery high
- Cold wavesRelatively high
- TornadoesRelatively high
- DroughtRelatively moderate
- HailRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Olivia’s census tracts, against the rest of the country; all of them together, relatively moderate. 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 Renville County.
Olivia home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Olivia$196,649
- Minnesota$348,778
- United States$366,157
Levy by levy, and a check of one home’s own bill, the site covers Ohio’s property tax.
Sellers are cutting prices on about 1 in 3 Olivia listings — the market is roughly in balance.
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
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Olivia29.24%
- United States26.36%
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Olivia19
New listings per month
Sellers arriving at the market.
- Olivia7
Zip codes with a Olivia address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Olivia — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.