NOTE: I originally thought that the possible values are $0$ or $\pm2$ and I've tried to correct my approach after seeing Jyrki's answer and comments. I do not claim that my answer is substantially different from his, but I decided to keep it, since it still might be useful for some users.
The determinant can be $0$ or $(\pm2)^k$. We will show this for all dimensions (not only odd ones).
We can show this by induction on $n$ for any $n\times n)$-matrix.
For $n=1,2,3$: By inspection.
Inductive step. Suppose that the claim is true for smaller matrices and we work wit
$(n+1)\times(n+1)$-matrix of this form.
The first row $\vec a_1$ contains two ones. There are two possibilities.
a) There is a row $\vec a_i=\vec a_1$ for $i\ne 1$. Then the determinant is zero. (Since two rows of the matrix are identical.)
b) Find rows $\vec a_j$ and $\vec a_k$ containing ones in the same columns, where $\vec a_1$ has them. First suppose that the second $1$'s in the rows $\vec a_j$ and $\vec a_k$ are in different columns.
This means that $\vec a_j+\vec a_k-\vec a_1$ is a vector containing precisely two $1$'s.
We replace one of the three rows with the vector $\vec a_j+\vec a_k-\vec a_1$. This might change the sign of the determinant (depending on the row we choose.)
Now we get (after reordering rows and columns, which only changes the sign) a block matrix.
One of the blocks is a $(n-1)\times(n-1)$-matrix which fulfills all the assumptions.
The whole matrix looks like this
$$\begin{vmatrix}
1 & 1 & 0 & \dots & 0\\
1 & 0 & 1 & \dots & 0\\
0 & 0 & * & * & * \\
0 & 0 & * & * & * \\
0 & 0 & * & * & *
\end{vmatrix}$$
where stars denote the submatrix fulfilling inductive hypothesis.
If we use Laplace expansion with respect to the first row, one of the determinants has zero column, hence it is zero and another one is the determinant of $(2n-1)\times(2n-1)$ submatrix.
c) Now suppose that the row $\vec a_j$ and $\vec a_k$ have the second $1$'s in the same column.
This means that after reordering rows and columns we get a from these three rows and corresponding columns the submatrix of the form $\begin{pmatrix} 1&1&0\\ 1&0&1 \\ 0&1&1 \end{pmatrix}$. This means we have matrix of the form
$$\begin{pmatrix}
1&1&0&0&\ldots&0&\\
1&0&1&0&\ldots&0&\\
0&1&1&0&\ldots&0&\\
0&0&0&*&\ldots&*&\\
0&0&0&*&\ldots&*&\\
0&0&0&*&\ldots&*&
\end{pmatrix}$$
where the submatrix marked by stars has form from the inductive hypothesis. So the determinant is the determinat of submatrix multiplied by $\begin{vmatrix} 1&1&0\\ 1&0&1 \\ 0&1&1 \end{vmatrix}=-2$.
Example:
$\begin{vmatrix}
1 & 1 & 0 & 0 & 0\\
1 & 0 & 1 & 0 & 0\\
0 & 1 & 0 & 1 & 0\\
0 & 0 & 1 & 0 & 1\\
0 & 0 & 0 & 1 & 1
\end{vmatrix}=
\begin{vmatrix}
1 & 1 & 0 & 0 & 0\\
1 & 0 & 1 & 0 & 0\\
0 & 0 & 1 & 1 & 0\\
0 & 0 & 1 & 0 & 1\\
0 & 0 & 0 & 1 & 1
\end{vmatrix}
=1
\begin{vmatrix}
0 & 1 & 0 & 0\\
0 & 1 & 1 & 0\\
0 & 1 & 0 & 1\\
0 & 0 & 1 & 1
\end{vmatrix}
-1
\begin{vmatrix}
1 & 1 & 0 & 0\\
0 & 1 & 1 & 0\\
0 & 1 & 0 & 1\\
0 & 0 & 1 & 1
\end{vmatrix}
$
(In the first step we subtracted the first row from the third on and added the second row to the third one, the second step is Laplace expansion.)
Note: Other way of saying this is to say that by interchanging rows and columns you will obtain one of two situations:
$\begin{vmatrix}
1 & 1 & 0 & 0 & 0\\
1 & 1 & 0 & 0 & 0\\
0 & 0 & 1 & \ldots &\ldots \\\
0 & 0 & \vdots & & \\
0 & 0 & \vdots & &
\end{vmatrix}$
or
$
\begin{vmatrix}
1 & 1 & 0 & 0 & 0\\
1 & 0 & 1 & 0 & 0\\
0 & 1 & 0 & 1 & 0\\
0 & 0 & 1 & 0 & 1\\
0 & 0 & 0 & 1 & 1
\end{vmatrix}
$
(NOTE: As was pointed out by Jyrki, the matrix can continue after the block of this form. It is explained nicely in his answer.)
I.e. either a submatrix in upper left corner makes determinant zero (and we do not have to care about the remaining entries) or the matrix has special form, as the one given in the above example (and determinants of such matrices can be computed by various methods).
This is essentially the same thing as I've done in the inductive proof above, but perhaps a different viewpoint might be useful.