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Featured local agent — Olivet, IL
Sarah Mitchell
Compass Real Estate · Olivet, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Olivet, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$150,000median sale price
How is the Olivet, IL housing market right now?
The median home sale price in Olivet, IL is $150,000. Homes sell in an average of 22 days. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of November 2025 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Olivet a buyer's or seller's market?
Olivet, IL is currently a balanced market and homes selling in about 22 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
22
Average pace
Active listings
—
Sale-to-list
96.8%
Below asking
What does the Olivet housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $150,000 |
| Average days on market | 22 days |
| Sale-to-list price ratio | 96.8% |
| Median price per sq ft | $92/sq ft |
| Homes sold (latest month) | 1 |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Olivet by property type?
How the Olivet, IL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $150,000 | $92/sq ft | 1 | 22 days |
Source: Redfin · Updated monthly
The Olivet housing market is currently classified as a balanced market with a median sale price of $150,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 22 days on market.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Olivet
Explore homes currently listed for sale in Olivet, Illinois across major real estate platforms.
Who lives in Olivet?
Population
156
Median age
37.5 years
Owner-occupied
75.0%
College grads
26.5%
Avg commute
28.7 min
Source: U.S. Census Bureau ACS
What is it like to live in Olivet?
Olivet is a community of approximately 0K residents with a median age of 37.5 years. 26.5% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 75.0%, reflecting strong community stability and long-term resident commitment. The average commute time is 28.7 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Olivet offers a distinctive character that appeals to different lifestyle preferences.
Which cities are near Olivet, IL?
Want a head-to-head view? Compare Olivet side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Olivet?
The median home sale price in Olivet is $150,000, down 0.0% from last year.
How long do homes stay on market in Olivet?
Homes typically spend 22 days on market before going under contract.
How much does a single-family home cost in Olivet?
The median single-family home price in Olivet, IL is $150,000 (about $92 per square foot).
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