Olympia Fields, IL Home Values & Market Trends
Real estate market trends reflect that there have been 82 transactions over the past year in Olympia Fields. The median value for residential home transactions that occurred over the previous year is $311,199.13. The number of current listings in Olympia Fields is 6, and the percentage of properties for sale in the city is 6.00%. Olympia Fields, IL currently has 39 properties in foreclosure, 2 bank owned properties, 5 properties headed for auction, and 6 properties for sale.
Olympia Fields, IL Real Estate Market Overview
Zip | Median Est. Value |
---|---|
60461 | $ 341,623 $ 120/sqft |
Housing Market Summary for Olympia Fields, IL
Apr 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $299.7K | $313.8K | 4.71% |
Median Sold Price | $302.7K | $313.8K | 3.66% |
Homes For Sale | 5 | 6 | 20.00% |
Homes Sold | 68 | 54 | -20.59% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in Olympia Fields, IL
Browse Homes in Olympia Fields, IL
Olympia Fields home values range from $29,477 to $3,499,000. The median estimated value of a home in Olympia Fields is $311,199.13. The median list price of a home is 399,850, and the total count of properties in the city is 1,811.
- Pre-ForeclosurePre-foreclosure homes account for 1.77% of all residential properties in Olympia Fields, IL with 60461 containing 32 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Olympia Fields, IL; of that zips, the estimated home value for pre-foreclosure homes ranges from $921,233 in 60461 to the lowest home value of $197,820 in 60461.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Olympia Fields, IL ranges from the highest value of $497,000 in 60461 to the lowest value of $326,754 in 60461. Bank owned homes and properties account for 0.11% of properties in Olympia Fields, IL. There is 1 zips within Olympia Fields, IL; 60461 containing 2 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions60461 has 5 auction properties, the highest number of properties going to auction in a single zip in the state of Olympia Fields, IL. Auction homes and other auction properties account for 0.28% of all properties in Olympia Fields, IL. There is 1 zips within Olympia Fields, IL; of that zips, the median estimated home value for homes going to auction ranges from $794,334 in 60461 to the lowest value of $256,090 in 60461.
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