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Preforeclosure Homes 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 $380,630.
In Olympia Fields, IL, how many homes are available?
There are currently 42 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 $19,871,049.
What is currently the cheapest priced home in Olympia Fields, IL?
The cheapest home for sale in Olympia Fields is priced at $28,558.

Living in Olympia Fields, IL

Olympia Fields, IL is a charming suburban community located south of Chicago, offering a tranquil lifestyle with beautiful parks and top-rated schools. This area is ideal for families, professionals, and retirees seeking a peaceful retreat while remaining connected to the city. With its spacious homes and extensive recreational opportunities, Olympia Fields is a sought-after residential area.

Current Market Conditions in Olympia Fields, IL

The Olympia Fields real estate market shows a strong demand for housing, with a healthy turnover rate and competitive pricing. Many homes are selling quickly, catering to buyers looking for spacious properties in a serene environment. The demand is fueled by families and professionals seeking lifestyle choices that prioritize community and accessibility to Chicago.

Recent growth in home values has been noted, with a steady increase in property prices year-over-year. The area remains attractive for investors due to its potential for appreciation and the quality of life it provides.

Home Value Estimator For Olympia Fields, IL

There are currently 1,900 real estate properties in Olympia Fields, IL, with a median automated valuation model (AVM) price of $336,190.00. 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 $380,630.00, with the most expensive house in Olympia Fields, IL, topping out at $19,871,049.00 and the cheapest home in Olympia Fields, IL, clocking in at $28,558.00. 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 Preforeclosure Homes


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