Mount Olive, IL has a median house value of $80,900. This is substantially lower than the national median house value of $338,100. Despite this difference in values, the appreciation of 1 year for houses in Mount Olive is still impressive at 7.96%, only 0.31% lower than the national appreciation rate of 8.27%. This indicates that the housing market in Mount Olive is strong and resilient despite its lower median house values compared to other parts of the nation.
The median home cost in Mount Olive (zip 62069) is $80,900. Home appreciation the last 10 years has been 42.8%. Home Appreciation in Mount Olive (zip 62069) is up 10.0%.
Average Age of Homes
- The median age of Mount Olive (zip 62069) real estate is 58 years old
The Rental Market in Mount Olive (zip 62069)
- Renters make up 12.0% of the Mount Olive (zip 62069) population
- 2.5% of houses and apartments in Mount Olive (zip 62069), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.