Soulsby Service Station · Photo: Marcin Wichary from San Francisco, U.S.A. · CC BY 2.027 homes sold in Mount Olive in the last year, at a typical $110K
Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Mount Olive homes are listed.
Every place Mount Olive homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Mount Olive.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 93% of Mount Olive’s sales, at a typical $118K
27 homes sold in the year to May 2026.
typical sale · 25 sold in 12 months
- Per square foot
- $84IL $180
- Days to sell
- 71
- Sold over asking
- 8%
- Listings with a price cut
- 30%
Multi-family (2–4 units): 2 sold, typical $78K
Too few sales in 12 months for reliable figures.
About as many homes sell as usual, at twice the 2016 price
27 sales in the last year, against 28 in 2019 and a low of 21 in 2023. The typical sale went from $58K in 2016 to $110K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $150K buys in Mount Olive
Check a listing against what Mount Olive homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Mount Olive are back to pre-pandemic levels, and more homes are for sale
We read every month of Mount Olive’s home sales since 2014 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 27 sales.
If you’re buying in Mount Olive
- Shop in May. It brings about 3 new listings a month, close to the busiest month, with fewer bidding wars (10% over asking).
- Less room to haggle. Only 29% of listings cut their price, against 35% before the pandemic.
- Offer under asking. Buyers paid 92.5% of the list price on average; 7% paid over.
Spring brings the homes; winter brings the bidding wars
May has the most new listings (about 3 a month), but February is the most competitive: 17% of February sales close over asking. March has the least competition (0%) but only about 2 new listings.
Averages for each calendar month, 2015 on.
Nearly as heated as 2021, and calmer than Illinois
| Mount Olive now | 2017–19 | 2021 peak | IL now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 7% | 12% | 14% | 37% |
| Gone within two weeksShare of homes under contract within 14 days | — | — | — | 46% |
| Listings with a price cutShare of homes for sale that cut their price | 29% | 35% | 29% | 19% |
| Price paid vs. askingAverage sale price ÷ list price | 92.5% | 94.2% | 95.2% | 99.2% |
| Days to sellMedian days from listing to contract | 79 | 787 | 51 | 49 |
12 homes for sale on a typical day
That’s 12.2 times the 2019 low (1) and 429% more than in 2017–19.
1 in 3 listings has cut its price
29% in the last year, against 35% in 2017–19 and 19% across Illinois.
Source: Redfin Data Center, city market tracker, January 2014 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Mount Olive home costs about $719 a month
Price: Mount Olive’s typical sale, last 12 months. Property tax at Mount Olive’s 1.6% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Mount Olive is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in May
The month with the most choice. February has the fewest, about 1.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $110K home, about $1,740 a year.
Taxes vs. neighborsSchools
The schools grade for Mount Olive, from test results, graduation and how much students grow.
Schools in Mount OliveTypical commute
The average one-way trip to work for people who live in Mount Olive.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
No busy market nearby sells for less a square foot; Staunton, Holiday Shores, Bethalto and Highland for far more
The busier markets within 25 miles of Mount Olive, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Bethalto | 141 | $194K | $141 | 45% | 40 |
| Highland | 140 | $243K | $131 | 42% | 39 |
| Staunton | 81 | $171K | $107 | 19% | 69 |
| Holiday Shores | 45 | $355K | $159 | 33% | 59 |
| Carlinville | 31 | $134K | $78 | 19% | 66 |
| Mount Olive | 27 | $110K | $78 | 7% | 79 |
| Gillespie | 23 | $125K | $94 | 9% | 76 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Mount Olive, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Mount Olive. People who follow the town see it, and so do people comparing Mount Olive with their own town. No commission, no listing fee.
Questions about buying a home in Mount Olive
What do homes sell for in Mount Olive, IL?
27 homes sold in the year to May 2026 at a typical $110K, $78 a square foot.
Is Mount Olive a buyer’s or seller’s market?
A buyer’s market: 15 homes were for sale in May 2026 and 1 sold, about 15 months of supply. Buyers paid 92.5% of asking on average, and 29% of listings cut their price.
When is the best time to buy in Mount Olive?
May brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Mount Olive?
About 1.6% of a home’s value a year. On a $110K home that’s near $1,740.
Where can I see homes for sale in Mount Olive?
Zillow, Redfin, Realtor.com and Homes.com all carry Mount Olive’s MLS listings; the search links above open each one filtered to Mount Olive.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).