Population: 12,327 · Density: 30.3/mi² · Median household income: $62,033
Typical home value: $109,958 · Homeownership: 69.5%
Data as of January 2026. Source: Realtor.com.
The OLNEY, IL real estate market (62450) currently shows 23 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 4 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 57 days on market compared to 140 days last year.
The median listing price has risen 5.2% year-over-year, from $118,675 to $124,900.
Whether you are buying or selling in OLNEY, 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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 62450 | Olney, IL 62450 | 0.0 mi | 23 | $7,530,568 | $124,900 | $327,416 |
| 62475 | West Liberty, IL 62475 | 12.0 mi | 1 | $315,000 | $315,000 | $315,000 |
| 62476 | West Salem, IL 62476 | 13.2 mi | 3 | $607,200 | $202,400 | $202,400 |
| 62417 | Bridgeport, IL 62417 | 17.3 mi | 2 | $209,900 | $104,950 | $104,950 |
| 62449 | Oblong, IL 62449 | 22.2 mi | 8 | $1,445,200 | $189,950 | $180,650 |
| 62806 | Albion, IL 62806 | 22.8 mi | 9 | $1,059,174 | $86,000 | $117,686 |
| 62842 | Geff, IL 62842 | 23.1 mi | 2 | $274,500 | $137,250 | $137,250 |
| 62823 | Cisne, IL 62823 | 23.3 mi | 7 | $833,000 | $97,250 | $119,000 |
| 62439 | Lawrenceville, IL 62439 | 24.4 mi | 26 | $3,993,392 | $154,700 | $153,592 |
| 62424 | Dieterich, IL 62424 | 26.0 mi | 2 | $990,000 | $495,000 | $495,000 |
| 62454 | Robinson, IL 62454 | 26.4 mi | 29 | $6,991,175 | $225,000 | $241,075 |
| 62899 | Xenia, IL 62899 | 30.6 mi | 6 | $1,334,898 | $212,500 | $222,483 |
| 62844 | Grayville, IL 62844 | 31.8 mi | 6 | $539,700 | $66,950 | $89,950 |
As of January 2026, there are 23 active listings in OLNEY, IL (zip code 62450), compared to 27 the prior year.
The median listing price in OLNEY, IL 62450 is $124,900 as of January 2026, a 5.2% increase from $118,675 the prior year.
Homes in OLNEY, IL 62450 spend an average of 57 days on the market before going under contract, compared to 140 days the prior year.
Based on current inventory and days-on-market data as of January 2026, OLNEY, IL 62450 is currently a Seller's Market. Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 57 days on market compared to 140 days last year.
With SELL123.com's maximum 3% commission, sellers in OLNEY, IL 62450 save an estimated $2,498 compared to a typical 5% commission on the median listing price of $124,900. 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.