Olney, IL Home Values & Market Trends

Real estate market trends reflect that there have been 0 transactions over the past year in Olney. The median value for residential home transactions that occurred over the previous year is $112,221.83. The number of current listings in Olney is 9, and the percentage of properties for sale in the city is 9.00%. Olney, IL currently has 3 properties in foreclosure, 0 bank owned properties, 3 properties headed for auction, and 9 properties for sale.

Olney, IL Real Estate Market Overview

ZipMedian Est. Value
62450

$ 279,900

$ 133/sqft

Housing Market Summary for Olney, IL

Apr 2023March 2024Change
Median Listing Price$144.5K$0-100.00%
Median Sold Price$0$0-
Homes For Sale91344.44%
Homes Sold00-
Price
$/Sqft
Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Recently Sold Homes

Explore recent offers and recently sold homes in Olney, IL

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Browse Homes in Olney, IL

Olney home values range from $21,498 to $1,204,439. The median estimated value of a home in Olney is $112,221.83. The median list price of a home is 279,900, and the total count of properties in the city is 4,262.

Foreclosure
There is 1 zips within Olney, IL; within this zips, the median estimated home value for homes in foreclosure ranges from $176,654 in 62450 to the lowest value of $96,088 in 62450. Foreclosure homes account for 0.00% of properties in Olney, IL with 62450 containing 3 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Olney, IL with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Olney, IL; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Olney, IL ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Olney, IL. There is 1 zips within Olney, IL; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    62450 has 3 auction properties, the highest number of properties going to auction in a single zip in the state of Olney, IL. Auction homes and other auction properties account for 0.07% of all properties in Olney, IL. There is 1 zips within Olney, IL; of that zips, the median estimated home value for homes going to auction ranges from $176,654 in 62450 to the lowest value of $96,088 in 62450.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.21% of residential properties in Olney, IL with 62450 containing 9 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Olney, IL; homes for sale in that zips, have a range of median values from $499,663 in 62450 to the lowest value of $70,000 in 62450.
    Sold Homes
    The median value for recently sold homes ranges from $0 in $[recently-sold-highest-avm-region] to the lowest price of $0 in $[recently-sold-highest-avm-region]. There is 1 zips within Olney, IL. $[recently-sold-highest-count-region] has 0 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 0% of properties in Olney, IL.

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      Guide for Olney, IL

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      A quick analysis of real estate trends in Chicago and its neighboring areas from November 2022 to December 2023.

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      The Knoxville real estate market is seeing fluctuations in property prices, with the average value at $399,900 as of March 2024.

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      Biloxi’s real estate market shows dynamic growth and consumer confidence, with property values rising from $271,000 to $290,000 within a year, despite some price fluctuations.

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      Recently Listed Homes Olney, IL

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