Housing Prices in Olympic Terrace, IL

How much do homes in Olympic Terrace, IL cost?

Median List Price

$437,500

$229/sqft

Based on all homes listed in the last 12 months.

Difference Since April 2023

-$27,500(-5.9%)

Key Takeaway

The list price of homes in Olympic Terrace has decreased by 5.9% since last year.

Summary: The median home list price in Olympic Terrace was $437,500 in April 2024, down 5.9% from the previous year, and the median price per square foot was $229.

Median List Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $415K$379K
-8.7%
4 $472.5K$482K
+2.0%
5+ $540K$425K
-21.3%

Summary: Olympic Terrace housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 8.7%, 4 bedroom homes increased by 2%, and 5+ bedroom homes decreased by 21.3%.

Median List Price Compared To Nearby Neighborhoods

East Highlands
+26.7%
West Highlands
+11.8%
Maplebrook
+9.7%
Olympic Terrace
-5.9%

Housing Supply in Olympic Terrace, IL

How many homes are available in Olympic Terrace, IL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
220.0%

Summary: The Olympic Terrace real estate market had 2 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 11
0.0%
4 11
0.0%
5+ 00
0.0%

Summary: The Olympic Terrace housing inventory by bedroom type for April 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 remained the same, and 5+ bedroom homes remained the same.

Days on Market for Olympic Terrace, IL

How long does it take to sell a home in Olympic Terrace, IL?

Average Listing Age

Apr 2023Apr 2024CHANGE
111 Days70 Days-36.9%

Summary: Homes in Olympic Terrace had an average listing age of 70 days in Apr 2024, down by 36.9% compared to the previous year.

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

Report Updated 4 Days Ago

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