Housing Prices in Olney, IL

How much do homes in Olney, IL cost?

Median List Price

$65,000

$45/sqft

Based on all homes listed in the last 12 months.

Difference Since October 2023

+$6,550(+11.2%)

Key Takeaway

The list price of homes in Olney has increased by 11.2% since last year.

Summary: The median home list price in Olney was $65,000 in October 2024, up 11.2% from the previous year, and the median price per square foot was $45.

Median List Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$27K
N/A
2 -$64K
N/A
3 $59K$139.5K
+136.4%
4 $24.9K$24.9K
0.0%
5+ -$109.9K
N/A

Summary: Olney housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 136.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Olney, IL

How many homes are available in Olney, IL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
76-14.3%

Summary: The Olney real estate market had 6 homes for sale in October 2024, a 14.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 33
0.0%
3 21
-50.0%
4 00
0.0%
5+ 11
0.0%

Summary: The Olney housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Days on Market for Olney, IL

How long does it take to sell a home in Olney, IL?

Average Listing Age

Oct 2023Oct 2024CHANGE
55 Days98 Days+77.2%

Summary: Homes in Olney had an average listing age of 98 days in Oct 2024, up by 77.2% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 22 Days Ago

Newest Listings in Olney, IL

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