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Mount Olive, IL

Full City Profile · Illinois · Macoupin County County

3.0 /5.0
B Good
1,979 Population 1,721/sq mi density
$55,139 Median Income $35,467 per capita
$96,600 Home Value $103,589 Zillow
$698 Median Rent 31.5% income on rent
53°F Avg Temperature 293 sunny days/yr
155 Violent Crime/100K 1,494 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.8 / 5.0
$55,139 median income, 2.9% unemployment
A+
Affordability
5.0 / 5.0
$96,600 home value, $698/mo rent
F
Safety
1.0 / 5.0
155 violent crimes/100K
C
Education
2.1 / 5.0
14.2% bachelor's degree or higher

Housing Overview

Median Home Value
$96,600
66% below
US avg: $281,900
Median Rent
$698/mo
40% below
US avg: $1,163/mo
Homeownership Rate
74.0%
13% above US avg (65.4%)
Total Housing Units
1,008
Median year built: 1950

Home Value by Source

Census Median
$96,600
Zillow (ZHVI)
$103,589
Median Sale Price
$59,500
Median List Price
$115,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

74.0%
Owner-Occupied
26.0%
Renter-Occupied
74%
26%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$774/mo
1 Bedroom
$854/mo
2 Bedroom
$1,063/mo
3 Bedroom
$1,370/mo
4 Bedroom
$1,561/mo
Census median rent: $698/mo

Market Indicators (Redfin)

Median Days on Market
134 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
2
Price Drops
21.4%
of listings with price reduction
Price Per Sq Ft
$56
Active Inventory
14
homes for sale

Affordability & Housing Stock

Rent Burden
31.5%
of renters spending 30%+ of income on housing
2% above US avg (31.0%)
Median Year Built
1950
Average age of housing stock: 76 years
Homeownership Rate
74.0%

Complete Housing Data

Home Values

Census Median Value$96,600
Zillow Home Value (ZHVI)$103,589
Median Sale Price$59,500
Median List Price$115,000
Price Per Sq Ft$56

Rent

Census Median Rent$698
FMR Studio$774
FMR 1-Bedroom$854
FMR 2-Bedroom$1,063
FMR 3-Bedroom$1,370
FMR 4-Bedroom$1,561

Market

Days on Market134
Sale-to-List Ratio0.9%
Price Drops21.4%
Homes Sold2
Active Inventory14
Price Per Sq Ft$56

Ownership & Stock

Owner-Occupied74.0%
Renter-Occupied26.0%
Homeownership Rate74.0%
Total Housing Units1,008
Median Year Built1950
Rent Burden31.5%