Housing Market Trends:
|Olivette Real Estate – Trulia
Olivette an affordable community located in Ladue School District, one of the top school districts in the county.
As a result, move in ready homes in Olivette are in high demand. Housing consists of small single family homes built in the 1950s through 1960s, condominiums and rental communities. The majority of Olivette subdivisions contain small ranch homes, many of which have outdated floor plans. Buyers can also find a limited number of more upscale older homes.
All of the land in the district is developed, so new construction homes almost always are the result of an older home being torn down. Given the large lots, low land prices and excellent schools, you will find new construction homes mixed into the older subdivisions. As more and more new homes are built in a single subdivision (after tearing down the original home), the new home prices go up in these subdivisions. Buyers who are willing to be one of the first homeowners with a new home in an older, inexpensive subdivision can get a good deal.
Olivette residents attend Ladue School District.
Ladue School District is considered by many as the top school district in the region. It has 1 high school, 1 middle school and 4 elementary schools.