Olton, Texas.
Typical home $106,774 (-3.7% in a year). Plainview, TX metro.
to buy the typical home at today's mortgage rate — +$213 (+61%) since Feb 2021.
- 1 year
- Down $4,071 -4%
- $110,846$106,774 since Sep 2025
- 5 years
- Down $14,062 -12%
- $120,837$106,774 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.
- Olton$560
- Texas$1,556
- United States$1,922
At the last five years' pace, prices here aren't rising.
Typical home values in Olton, TX fell 3.7% over the past year — slower than the nation's +1.2%.
Living in Olton, Lamb County, Texas
Olton is a city of 1,989 people in Lamb County. Unemployment in Lamb County was 3.7% in August 2026, and the county had 3.6% more jobs in 2025 than the year before. The most residents work in schools and health care, then transport and warehouses.
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 It can be wrong or out of date.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. Olton is a small city in Lamb County, on the flat farmland of the Texas Panhandle plains. Incomes in the county run below the typical American household's, and a four-year degree is held by fewer adults than in most towns. Homes here cost far less than in most of the country. Winters are cold, with chilly afternoons and nights that fall below freezing in January, and some snow falls each year. Summers are hot, and the year brings a modest amount of rain and melted snow.
Work. Many residents work in schools, hospitals and social care, and others in transport, warehouses and utilities, in restaurants and hotels, or in farming. Across Lamb County, some of the biggest workplaces are Littlefield ISD, Continental Dairy Facilities Southwest and Olton ISD. Unemployment in the county has eased slightly over the past year, and the county has added jobs. Few people work from home.
Things to do. The one nearby place on record is Jaycee Park, a stadium a longer drive away. It is the sort of spot suited to a ball game or a community event, and a trip there takes some planning.
Report a mistake
- 548households
- 8%of adults have a degree
- 18%below the poverty line
- 6%work from home
What residents work in
Employed residents by industry, from the Census survey. Lamb County had 4,078 jobs in 2025, 3.6% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 52° and lows near 25°; warmest in July, with highs near 90° and lows near 66°. About 8 inches of snow and 19 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Olton weather station, under a mile away (NOAA).
Largest workplaces in Lamb County
- Littlefield ISDSchool district207FTE
- Continental Dairy Facilities SouthwestMilk, concentrated, condensed, dried, evaporated, and powdered, manufacturing164
- M A MortensonConstruction162
- Olton ISDSchool district113FTE
- Lamb Healthcare CenterGeneral hospital108FTE
- Runningwater Draw Care CenterSkilled nursing facilities90
- Xcel EnergyFossil fuel electric power generation79
- Sudan ISDSchool district71FTE
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 7 workplaces with 20 or more staff, 590 people in all across the county; Olton has one of its own. School districts come from the Common Core of Data (NCES, 2023–24) and hospitals from their Medicare cost reports (CMS, 2023); 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
- HailVery high
- Strong windVery high
- Winter weatherVery high
- Cold wavesVery high
- DroughtRelatively high
- TornadoesRelatively high
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Olton’s census tracts, against the rest of the country; all of them together, relatively high. 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 Lamb County and the Plainview, TX metro.
Olton home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Olton$106,774
- Texas$296,424
- 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.
- Olton7
Zip codes with a Olton address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Olton — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.