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Condo Foreclosures in Olympia Fields, IL

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Olympia Fields, IL Foreclosures

How much do homes sell for in Olympia Fields, IL?
The average home price is currently $383,676.
In Olympia Fields, IL, how many homes are available?
There are currently 2,880 active home listings available in Olympia Fields.
What’s the average rental cost in Olympia Fields, IL?
The average rental price in Olympia Fields is $1,937.
What is the most expensive home in Olympia Fields?
The most expensive home sold in Olympia Fields had a price of $20,091,054.
What is currently the cheapest priced home in Olympia Fields, IL?
The cheapest home for sale in Olympia Fields is priced at $28,918.

Living in Olympia Fields, IL

Olympia Fields, IL, is a serene suburb located south of Chicago, known for its spacious homes and strong sense of community. The area boasts excellent schools, numerous parks, and local amenities, making it a desirable place for families. With convenient access to major highways, residents enjoy an easy commute to downtown Chicago.

Current Market Conditions in Olympia Fields, IL

The current real estate market in Olympia Fields is experiencing a steady increase in home values due to high demand and a limited supply of homes. Families are drawn to the area for its residential allure and excellent schools, creating competitive bidding situations. The market remains attractive for both buyers and sellers, aided by low-interest rates and a diverse selection of homes.

Overall, the Olympia Fields real estate market shows promising growth, with a mix of older and newer homes appealing to a wide range of buyers. Investors are also taking notice as the area continues to develop and attract families looking for spacious homes in a suburban setting.

Home Value Estimator For Olympia Fields, IL

There are currently 1,896 real estate properties in Olympia Fields, IL, with a median automated valuation model (AVM) price of $343,709.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Olympia Fields, IL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Olympia Fields, IL, is $383,676.00, with the most expensive house in Olympia Fields, IL, topping out at $20,091,054.00 and the cheapest home in Olympia Fields, IL, clocking in at $28,918.00. In other words, there’s something for every potential homebuyer or savvy investor in Olympia Fields, IL!

Rent Prices In Olympia Fields, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Olympia Fields, IL, is on a rollercoaster ride. The average rent price in Olympia Fields, IL, is $1,937.00. Indeed, when looking to rent in Olympia Fields, IL, you can expect to pay as little as $1,120.00 or as much as $3,160.00, with the average rent median estimated to be $1,930.00. The good news is that finding an affordable and desirable property to rent in Olympia Fields, 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.

Olympia Fields, IL Condos


Market Trend for Olympia Fields, IL

Total Listings Available: 2,880

Market Values:

Home Prices from $28,918 to $20,091,054

Average Sales Price: $383,676

Rental Values:

Rental from $1,120 to $3,160

Average Rent Value: $1,937 / month

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