Olivet, IL
Full City Profile · Illinois · Vermillion County County
3.1
/5.0
B
Good
156
Population
103/sq mi density
$129,500
Home Value
$96,906 Zillow
52°F
Avg Temperature
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
B
Education
3.1 / 5.0
26.5% bachelor's degree or higher
Housing Overview
Median Home Value
$129,500
54% below
US avg: $281,900
Homeownership Rate
75.0%
15% above US avg (65.4%)
Total Housing Units
90
Median year built: 1958
Home Value by Source
Census Median
$129,500
Zillow (ZHVI)
$96,906
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
75.0%
Owner-Occupied
25.0%
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
Affordability & Housing Stock
Rent Burden
28.2%
of renters spending 30%+ of income on housing
9% below US avg (31.0%)
Median Year Built
1958
Average age of housing stock: 68 years
Homeownership Rate
75.0%
Complete Housing Data
Home Values
| Census Median Value | $129,500 |
| Zillow Home Value (ZHVI) | $96,906 |
Rent
| FMR Studio | $774 |
| FMR 1-Bedroom | $854 |
| FMR 2-Bedroom | $1,063 |
| FMR 3-Bedroom | $1,370 |
| FMR 4-Bedroom | $1,561 |
Market
Ownership & Stock
| Owner-Occupied | 75.0% |
| Renter-Occupied | 25.0% |
| Homeownership Rate | 75.0% |
| Total Housing Units | 90 |
| Median Year Built | 1958 |
| Rent Burden | 28.2% |