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Why Live in Olive Hill

Olive Hill, KY is a small town nestled in the hilly Kentucky countryside, appealing to nature lovers and those seeking open space. The town is centered on U.S. Route 60 and supported by local businesses and community organizations like the Olive Hill Center for the Arts & Heritage. The area is known for its low property taxes, thanks to its rural character. Housing primarily consists of ranch-style homes and cottages from the mid- to late-1900s, featuring minimalist vinyl siding and spacious grassy lots. Homes near the town’s core typically have quarter-acre parcels, while those farther out offer multiacre lots and small hobby farms. Prospective buyers should check for internet connectivity and be aware of potential flooding risks in low-lying areas and wildfire risks in forested regions. Olive Hill City Park provides playground equipment and a pool with a splash pad, while American Legion Post 138 Park features a veteran’s memorial. Nearby attractions include Carter Caves State Resort Park, less than 10 miles away, and Grayson Lake State Park, about 20 miles away, offering opportunities for hiking, birdwatching, fishing, boating, and golfing. Local dining options along Route 60 include Tyler’s Pizza and Walker’s Restaurant, with grocery shopping available at Save A Lot. Olive Hill is conveniently located about 15 miles from Grayson, 20 miles from Morehead, and 40 miles from Ashland, with Interstate 64 providing access to Lexington, 85 miles away. The annual Shriners Bluegrass Festival in June and community theatre productions at Olive Hill Center for the Arts & Heritage add to the town’s cultural offerings.

Home Trends in Olive Hill, KY

Housing Trends

Median Sale Price
$158,000
Median Single Family Sale Price
$137,000
Average Price Per Sq Ft
$97
Number of Homes for Sale
11
Last 12 months Home Sales
21
Months of Supply
6.30
Median List Price
$138,000
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
-1%
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