Single-Family Homes
Mon Apr 20 2026
This week the median list price for Olympia Fields, IL 60461 is $330,000 with the market action index hovering around 51. This is an increase over last month's market action index of 46. Inventory has decreased to 7.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
The market has been consistently cool for several weeks. Demand level are low relative to the available inventory. It's a Buyer's market and prices continue to fall. Look for a persistent shift in Market Action before prices plateau or begin to rise again.
| Median List Price | $330,000 | |
| Median Price of New Listings | $377,450 | |
| Per Square Foot | $147 | |
| Average Days on Market | 56 | |
| Median Days on Market | 21 | |
| Price Decreased | 29% | |
| Price Increased | 0% | |
| Relisted | 29% | |
| Inventory | 7 | |
| Median Rent | ||
| Market Action | 51 | |
| Strong Seller's Market | ||
Prices in this zip code have been on a downward trend recently and this week, while essentially flat, doesn't break us out of that cycle.
Each segment below represents approximately 25% of the market ordered by price.
| Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $417,350 | 2,773 | 6,500 - 8,000 sqft | 4 | 2.5 | 69 | 1 | 0 | 45 |
| $343,750 | 3,005 | 0.5 - 1 acre | 4 | 3 | 64 | 0 | 0 | 28 |
| $312,450 | 2,006 | 4,500 - 6,500 sqft | 3 | 2 | 64 | 1 | 0 | 10 |
| $282,000 | 1,903 | 0.25 - 0.5 acre | 4 | 2.5 | 61 | 0 | 0 | 224 |