Olney, IL housing market

The typical home in Olney, IL costs $140K (+10.7% over the past year). The bottom 35% of homes run around $78K. See the full market and find out if you can afford to buy a house in Olney — free, no signup.

Market snapshot (2026-06)

• Typical home value: $140K (Zillow ZHVI, 2026-06)
• 1-year change: +10.7%
• Bottom 35% of homes: $78K
• Top 35% of homes start around: $251K
• Median household income: $60K
• Price-to-income ratio: 2.3
• Estimated payment on the typical home: $720/mo principal & interest (20% down, 6.66% 30-yr fixed)

Nearby housing markets

• Robinson, IL — typical home $107K
• Mount Carmel, IL — typical home $122K
• Vincennes, IN — typical home $172K
• Effingham, IL — typical home $238K
• Princeton, IN — typical home $194K
• Salem, IL — typical home $147K

Home values are Zillow Group public data (ZHVI, updated monthly); income and population are US Census Bureau ACS 5-year estimates. Estimates only — not financial advice.

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