March 2024

Mount Olive Housing Market Report Macoupin County, Illinois

Report Updated 24 Days Ago

Housing Prices in Mount Olive, IL

How much do homes in Mount Olive, IL cost?

Median List Price

$135,000

$91/sqft

Based on all homes listed in the last 12 months.

Difference Since March 2023

+$5,000(+3.8%)

Key Takeaway

The list price of homes in Mount Olive has increased by 3.8% since last year.

Summary: The median home list price in Mount Olive was $135,000 in March 2024, up 3.8% from the previous year, and the median price per square foot was $91.

Median List Price By Bedroom Count

# BEDS# BEDROOMS	Mar 2023	Mar 2024	CHANGE
1 Bedroom	$117.5K	$110K	-6.4%
2 Bedrooms	$57.4K	$114.2K	+99.0%
3 Bedrooms	$129.9K	$140K	+7.8%
4 Bedrooms	$223.7K	$180.5K	-19.3%
5+ Bedrooms	$184K	$159K	-13.6%

Summary: Mount Olive housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.4%, 2 bedroom homes increased by 99%, 3 bedroom homes increased by 7.8%, 4 bedroom homes decreased by 19.3%, and 5+ bedroom homes decreased by 13.6%.

Median List Price Compared To Nearby Cities

CITY	Mar 2023	Mar 2024	CHANGE
Mount Olive	$130K	$135K	+3.8%
Mount Olive Township	$127.4K	$127.4K	0%

Housing Supply in Mount Olive, IL

How many homes are available in Mount Olive, IL?

Number of Homes For Sale

Feb 2024	Mar 2024	CHANGE
4	5	+25.0%

Summary: The Mount Olive real estate market had 5 homes for sale in March 2024, a 25.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDS# BEDROOMS	Feb 2024	Mar 2024	CHANGE
1 Bedroom	0	0	0.0%
2 Bedrooms	1	1	0.0%
3 Bedrooms	3	3	0.0%
4 Bedrooms	0	1	+100.0%
5+ Bedrooms	0	0	0.0%

Summary: The Mount Olive housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Days on Market for Mount Olive, IL

How long does it take to sell a home in Mount Olive, IL?

Average Listing Age

Mar 2023	Mar 2024	CHANGE
102 Days	71 Days	-30.8%

Summary: Homes in Mount Olive had an average listing age of 71 days in Mar 2024, down by 30.8% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 24 Days Ago

Local real estate agents are ready to help you find a home here.

Connect With An Agent

Sell your home with an expert or get the job done on your own.

Sell My Home

Get a customizable mortgage solution based on today's rates.

Get Approved

Newest Listings in Mount Olive, IL

What homes are available in Mount Olive, IL?

See More Listings

$189,000

$2,244 Closing Credit

1,220 SqFt

104 W 3rd St N, Mount Olive IL, 62069

Listing Office:

Cisler & Assoc Real Estate

3 bedrooms, 2 full baths, 1 partial house for sale

$250,000

$2,969 Closing Credit

2 Full, 1 Partial

1,500 SqFt

21685 Washer Rd, Mount Olive IL, 62069

Listing Office:

RE/MAX Alliance

$35,900

Land

1.22 Acres

7641 S Panther Creek Rd, Mount Olive IL, 62069

Listing Office:

Cisler & Assoc Real Estate

$12,500

Land

0.13 Acres

21492 Oakwood Dr, Mount Olive IL, 62069

Listing Office:

Re/Max Alliance

$134,900

$1,602 Closing Credit

1,568 SqFt

211 W 2nd S, Mount Olive IL, 62069

Listing Office:

Re/Max Alliance

$24,000

Land

1.37 Acres

7185 Easy St, Mount Olive IL, 62069

Listing Office:

Cisler & Assoc Real Estate

$102,500

$1,217 Closing Credit

1,191 SqFt

301 E 6th St N, Mount Olive IL, 62069

Listing Office:

Third Street Realty

$490,000

$5,819 Closing Credit

2,300 SqFt

22663 Tall Timber Rd, Mount Olive IL, 62069

Listing Office:

Re/Max Alliance

$7,000

Land

0.10 Acres

Address Not Disclosed, Mount Olive IL, 62069

Listing Office:

eXp Realty

Nearby Markets to Mount Olive, IL

MLS Disclaimers and Copyright

Based on information from Mid America Regional Information System for the period 04/01/2022 - 04/01/2024

IDX Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX information is provided exclusively for consumers personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.

Listings courtesy of MARIS MLS as distributed by MLS GRID. Copyright © 2024 Mid America Regional Information System (MARIS). All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/25/2024, 12:53:14 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.