Housing in Olympia Fields, IL

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

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$458,000

Median List Price

$394,900

Price Per Sq Ft

$133

Days on Market

179

Active Inventory

15

Months of Supply

3.8

Seller's market

Zillow Home Value

$320,200

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 7.8%List Price 8.2%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

25.0%

Off Market in 2 Weeks

0.0%

Sale-to-List Ratio

96.8%

Buyer's market

Sold Above Asking
25.0%
Under Contract in 2 Wks
0.0%
Listings with Price Drops
26.7%

Market Activity

Source: Redfin

Homes Sold

4

New Listings

7

Pending Sales

7

Homes Sold 300.0%New Listings 0.0%Pending 0.0%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$133

Median List $/SF

$142

Sale $/SF 0.7%List $/SF 3.6%Mar 24Jan 26

Olympia Fields vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Olympia Fields 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

$289,900

Median Rent

$3,501

Total Housing Units

2,013

Vacancy Rate

9.9%

Owner Occupied

85.9%

Renter Occupied

14.1%

Median Property Tax

$8,981

per year

Monthly Cost (w/ Mortgage)

$2,147

Housing Types

Single Family
90.4%
Multi-Family
9.6%
Mobile Home
0.0%

The current median sale price in Olympia Fields, IL is $458,000 according to Redfin data. Homes spend a median of 179 days on the market. 25.0% of homes sold above asking price. The market has 3.8 months of supply. The median price per square foot is $133. The median rent is $3,501 per month (Census ACS). About 85.9% of housing units are owner-occupied. The median year homes were built is 1979. There are 2,013 total housing units.