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OLYMPIA FIELDS, IL 60461

Real Estate Market Report  ·  Cook County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
18
⇩ 28% vs 25 last year
Pending
6
33% pending ratio
Median Price
$344,000
⇩ 12.5% vs $393,350 last year
Average Price
$344,000
⇩ 28.6% vs $481,728 last year
Days on Market
73
⇧ 15.9% vs 63 days last year

Market Context

Population: 4,988  ·  Density: 572.0/mi²  ·  Median household income: $99,125

Typical home value: $273,878  ·  Homeownership: 87.2%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The OLYMPIA FIELDS, IL real estate market (60461) currently shows 18 active listings, with 6 pending sales. Homes are averaging 73 days on the market before going under contract.

Inventory has tightened compared to last year, with 7 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 73 days on market compared to 63 days last year.

The median listing price has fallen 12.5% year-over-year, from $393,350 to $344,000.

Whether you are buying or selling in OLYMPIA FIELDS, IL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 18 this year vs 25 last year
  • Days on market: 73 now vs 63 last year

Median & Average Pricing

Year over Year
  • Median: $344,000 (-12.5% YoY)
  • Average: $344,000 (-28.6% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 8.2 miles — 937 listings ($232,094,975 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
60461Olympia Fields, IL 604610.0 mi18$6,192,000$344,000$344,000
60466Park Forest, IL 604662.7 mi152$25,321,072$160,000$166,586
60430Homewood, IL 604303.2 mi110$26,793,910$249,000$243,581
60478Country Club Hills, IL 604783.4 mi96$20,031,264$199,000$208,659
60475Steger, IL 604754.5 mi42$8,691,144$180,000$206,932
60484University Park, IL 604845.2 mi26$4,874,350$182,500$187,475
60428Markham, IL 604285.7 mi79$14,052,125$170,000$177,875
60477Tinley Park, IL 604776.2 mi96$30,632,160$290,000$319,085
60452Oak Forest, IL 604527.1 mi60$17,687,820$290,000$294,797
60469Posen, IL 604697.7 mi6$1,483,902$250,000$247,317
60417Crete, IL 604177.9 mi80$33,430,480$327,450$417,881
60438Lansing, IL 604388.0 mi144$30,962,160$211,000$215,015
60449Monee, IL 604498.2 mi28$11,942,588$324,950$426,521

Frequently Asked Questions

How many homes are for sale in OLYMPIA FIELDS, IL 60461?

As of January 2026, there are 18 active listings in OLYMPIA FIELDS, IL (zip code 60461), compared to 25 the prior year.

What is the median home price in OLYMPIA FIELDS, IL 60461?

The median listing price in OLYMPIA FIELDS, IL 60461 is $344,000 as of January 2026, a 12.5% decrease from $393,350 the prior year.

How long do homes stay on the market in OLYMPIA FIELDS, IL?

Homes in OLYMPIA FIELDS, IL 60461 spend an average of 73 days on the market before going under contract, compared to 63 days the prior year.

Is it a seller's or buyer's market in OLYMPIA FIELDS, IL 60461?

Based on current inventory and days-on-market data as of January 2026, OLYMPIA FIELDS, IL 60461 is currently a Balanced Market. Inventory has tightened compared to last year, with 7 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 73 days on market compared to 63 days last year.

How much can I save on real estate commission in OLYMPIA FIELDS, IL?

With SELL123.com's maximum 3% commission, sellers in OLYMPIA FIELDS, IL 60461 save an estimated $6,880 compared to a typical 5% commission on the median listing price of $344,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.