Housing in Mount Olive, IL

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$122,000

Median List Price

$164,900

Price Per Sq Ft

$87

Days on Market

37

Active Inventory

15

Months of Supply

7.5

Buyer's market

Zillow Home Value

$96,680

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 38.8%List Price 42.3%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Off Market in 2 Weeks

0.0%

Sale-to-List Ratio

97.0%

Buyer's market

Sold Above Asking
0.0%
Under Contract in 2 Wks
0.0%
Listings with Price Drops
26.7%

Market Activity

Source: Redfin

Homes Sold

2

New Listings

5

Homes Sold 100.0%New Listings 66.7%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$87

Median List $/SF

$119

Sale $/SF 27.9%List $/SF 21.4%Mar 24Jan 26

Mount Olive vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Mount Olive is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$96,600

Median Rent

$698

Total Housing Units

1,057

Vacancy Rate

14.1%

Owner Occupied

74.0%

Renter Occupied

26.0%

Median Property Tax

$1,684

per year

Monthly Cost (w/ Mortgage)

$756

Housing Types

Single Family
78.6%
Multi-Family
17.9%
Mobile Home
3.5%

The current median sale price in Mount Olive, IL is $122,000 according to Redfin data. Homes spend a median of 37 days on the market. 0.0% of homes sold above asking price. The market has 7.5 months of supply. The median price per square foot is $87. The median rent is $698 per month (Census ACS). About 74.0% of housing units are owner-occupied. The median year homes were built is 1949. There are 1,057 total housing units.