Ølsted is a village in Faaborg-Midtfyn Municipality, in the region of Southern Denmark, Denmark. Ølsted lies at 32 m above sea level. The nearest city is Odense, 17.4 km to the northeast. Among the landmarks around are Egeskov Castle (14.2 km), Nonnebakken (17.0 km) and Viking Age Ring Fortresses (17.0 km). Among the natural features are Frøbjerg Bavnehøj (15.6 km) and Trebjerg (9.9 km).
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