Photo: Nyttend · Public domain12 homes sold in Olney Township in the last year, at a typical $149K
Redfin reports Olney Township’s sales by ZIP code, so these figures are for ZIP 62450, which takes in Olney Township and the area around it. Almost every sale is a house. Below: what each kind of home sells for and a shortcut to every site where Olney Township homes are listed.
Every place Olney Township 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 Olney Township.
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 0% of Olney Township’s sales, at a typical — (year to May 2026)
12 homes sold in the year to September 2026.
Fewer homes sell than a decade ago, at 4.3 times the 2016 price
12 sales in the last year, against 43 in 2019 and a low of 3 in 2012. The typical sale went from $34K in 2016 to $149K.
Source: Redfin Data Center, MLS sales; for ZIP 62450, which takes in Olney Township and the area around it (each month is a 3-month rolling window, its counts divided by 3). Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.
Owning the typical Olney Township home costs about $1,000 a month
Price: Olney Township’s typical sale, last 12 months. Property tax at Olney Township’s 1.8% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Olney Township is affordable on local pay is on Cost of living.
Four things worth knowing
Property tax, a year
Of a home’s value: the median bill over the median home value. On a $149K home, about $2,670 a year.
Taxes vs. neighborsTypical commute
The average one-way trip to work for people who live in Olney Township.
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.
Post your home to Olney Township, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Olney Township. People who follow the town see it, and so do people comparing Olney Township with their own town. No commission, no listing fee.
Questions about buying a home in Olney Township
What do homes sell for in Olney Township, IL?
12 homes sold in the year to September 2026 at a typical $149K, $85 a square foot.
Is Olney Township a buyer’s or seller’s market?
A balanced market: 6 homes were for sale in September 2026 and 1 sold, about 4.6 months of supply. Buyers paid 92.3% of asking on average.
How much are property taxes in Olney Township?
About 1.8% of a home’s value a year. On a $149K home that’s near $2,670.
Where can I see homes for sale in Olney Township?
Zillow, Redfin, Realtor.com and Homes.com all carry Olney Township’s MLS listings; the search links above open each one filtered to Olney Township.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; for ZIP 62450, which takes in Olney Township and the area around it (each month is a 3-month rolling window, its counts divided by 3)). 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).