Call or Text (240) SELL-123
Old Mattteson (Downtown)

OLYMPIA FIELDS, IL 60461

Real Estate Market Report  ·  Cook County
Seller's Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 60461

Old Mattteson (Downtown)

Market Analysis

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

The OLYMPIA FIELDS, IL real estate market (60461) currently shows 17 active listings, with 7 pending sales. Homes are averaging 57 days on the market before going under contract.

Inventory has tightened compared to last year, with 8 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 57 days on market compared to 58 days last year.

The median listing price has fallen 5.3% year-over-year, from $387,350 to $366,881.

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.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for OLYMPIA FIELDS, IL 60461 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Context

Market Context

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

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

Market Overview

Active Listings
17
⇩ 32% vs 25 last year
Pending
7
41% pending ratio
Median Price
$366,881
⇩ 5.3% vs $387,350 last year
Average Price
$360,083
⇩ 25.1% vs $480,633 last year
Days on Market
57
⇩ 1.7% vs 58 days last year

Price Per Square Foot

Median $/sqft
$141
⇧ 5.2% vs $134/sqft last year
Median Home Size
2,531 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 17 this year vs 25 last year
  • Days on market: 57 now vs 58 last year

Median & Average Pricing

Year over Year
  • Median: $366,881 (-5.3% YoY)
  • Average: $360,083 (-25.1% 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
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 8.2 miles — 957 listings ($235,868,779 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
60461Olympia Fields, IL 604610.0 mi14$5,048,316$377,400$360,594
60466Park Forest, IL 604662.7 mi152$25,183,968$159,925$165,684
60430Homewood, IL 604303.2 mi108$26,318,952$239,225$243,694
60478Country Club Hills, IL 604783.4 mi95$20,677,605$216,100$217,659
60475Steger, IL 604754.5 mi43$8,999,169$179,929$209,283
60484University Park, IL 604845.2 mi29$6,001,579$210,375$206,951
60428Markham, IL 604285.7 mi83$14,716,647$166,995$177,309
60477Tinley Park, IL 604776.2 mi118$38,314,246$305,000$324,697
60452Oak Forest, IL 604527.1 mi62$18,175,734$307,450$293,157
60469Posen, IL 604697.7 mi5$1,135,875$234,500$227,175
60417Crete, IL 604177.9 mi83$31,456,253$314,975$378,991
60438Lansing, IL 604388.0 mi138$28,524,600$206,875$206,700
60449Monee, IL 604498.2 mi27$11,315,835$347,175$419,105

Frequently Asked Questions

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

As of March 2026, there are 17 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 $366,881 as of March 2026, a 5.3% decrease from $387,350 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 57 days on the market before going under contract, compared to 58 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 March 2026, OLYMPIA FIELDS, IL 60461 is currently a Seller's Market. Inventory has tightened compared to last year, with 8 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 57 days on market compared to 58 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 $7,338 compared to a typical 5% commission on the median listing price of $366,881. 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.