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
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 Market | 134 |
| Sale-to-List Ratio | 0.9% |
| Price Drops | 21.4% |
| Homes Sold | 2 |
| Active Inventory | 14 |
| Price Per Sq Ft | $56 |
Ownership & Stock
| Owner-Occupied | 74.0% |
| Renter-Occupied | 26.0% |
| Homeownership Rate | 74.0% |
| Total Housing Units | 1,008 |
| Median Year Built | 1950 |
| Rent Burden | 31.5% |
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