Foreclosure Homes in Mount Olive, IL 62069

Current Market Conditions in Mount Olive, IL

The real estate market in Mount Olive has seen steady growth over the past year, with a notable interest in single-family homes. While the average sale prices have risen slightly, options for affordable housing remain available, attracting both first-time buyers and investors.

Current trends show an increase in buyers looking for properties with larger lots and outdoor spaces, reflecting the desire for more personal space post-pandemic. The rental market is also strong, particularly for properties near local schools and amenities.

Rent Prices In Mount Olive, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Mount Olive, IL, is on a rollercoaster ride. The average rent price in Mount Olive, IL, is $920.00. Indeed, when looking to rent in Mount Olive, IL, you can expect to pay as little as $570.00 or as much as $1,800.00, with the average rent median estimated to be $900.00. The good news is that finding an affordable and desirable property to rent in Mount Olive, IL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.