Mount Olive, IL

Buyer's market+102.4% YoY

Housing market overview · Updated weekly

$59,500median sale price

Homes sold

2

Last 12 weeks

Days on market

134

Average pace

Active listings

14

7.0 months supply

Sale-to-list

91.7%

Below asking

The Mount Olive housing market is currently classified as a buyer's market with a median sale price of $59,500. Prices have risen 102.4% compared to last year, with homes spending an average of 134 days on market, indicating 7.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Mount Olive

There are currently 14 homes listed for sale in Mount Olive, Illinois. The median listing price is $115K.

Active listings

14

Homes on market

Median list price

$115K

Avg. days on market

134

Days until sale

New this week

3

Newly listed

Price drops:21.4%of listings
Sale-to-list:91.7%

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Frequently asked questions

What is the average home price in Mount Olive?

The median home sale price in Mount Olive is $59,500, up 102.4% from last year.

How long do homes stay on market in Mount Olive?

Homes typically spend 134 days on market before going under contract.

Is Mount Olive a buyer's or seller's market?

With 7.0 months of supply, Mount Olive is currently a buyer's market.

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