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Olympia Fields, IL
Full City Profile · Illinois · Will County County
3.9
/5.0
B+
Good
4,636
Population
1,577/sq mi density
$107,656
Median Income
$48,120 per capita
$289,900
Home Value
$322,247 Zillow
$3,501
Median Rent
51.0% income on rent
53°F
Avg Temperature
275 sunny days/yr
270
Violent Crime/100K
10,164 property/100K
B+
Overall
3.9 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.7 / 5.0
$107,656 median income, 3.8% unemployment
A+
Affordability
5.0 / 5.0
$289,900 home value, $3,501/mo rent
F
Safety
1.0 / 5.0
270 violent crimes/100K
A+
Education
4.9 / 5.0
48.9% bachelor's degree or higher
Housing Overview
Median Home Value
$289,900
3% above
US avg: $281,900
Median Rent
$3,501/mo
201% above
US avg: $1,163/mo
Homeownership Rate
85.9%
31% above US avg (65.4%)
Total Housing Units
2,045
Median year built: 1978
Home Value by Source
Census Median
$289,900
Zillow (ZHVI)
$322,247
Median Sale Price
$334,250
Median List Price
$444,950
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
85.9%
Owner-Occupied
14.1%
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:
$3,501/mo
Market Indicators (Redfin)
Median Days on Market
167 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
4
Price Drops
28.6%
of listings with price reduction
Price Per Sq Ft
$140
Active Inventory
14
homes for sale
Affordability & Housing Stock
Rent Burden
51.0%
of renters spending 30%+ of income on housing
65% above US avg (31.0%)
Median Year Built
1978
Average age of housing stock: 48 years
Homeownership Rate
85.9%
Complete Housing Data
Home Values
| Census Median Value | $289,900 |
| Zillow Home Value (ZHVI) | $322,247 |
| Median Sale Price | $334,250 |
| Median List Price | $444,950 |
| Price Per Sq Ft | $140 |
Rent
| Census Median Rent | $3,501 |
| 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 | 167 |
| Sale-to-List Ratio | 0.9% |
| Price Drops | 28.6% |
| Homes Sold | 4 |
| Active Inventory | 14 |
| Price Per Sq Ft | $140 |
Ownership & Stock
| Owner-Occupied | 85.9% |
| Renter-Occupied | 14.1% |
| Homeownership Rate | 85.9% |
| Total Housing Units | 2,045 |
| Median Year Built | 1978 |
| Rent Burden | 51.0% |