Data as of March 2026. Source: Realtor.com.
The OLNEY, IL real estate market (62450) currently shows 28 active listings, with 7 pending sales. Homes are averaging 78 days on the market before going under contract.
Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 78 days on market compared to 58 days last year.
The median listing price has fallen 10.7% year-over-year, from $137,050 to $122,425.
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.
Population: 12,327 · Density: 30.3/mi² · Median household income: $62,033
Typical home value: $109,958 · Homeownership: 69.5%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 62450 | Olney, IL 62450 | 0.0 mi | 25 | $8,902,700 | $112,450 | $356,108 |
| 62466 | Sumner, IL 62466 | 12.9 mi | 7 | $1,747,767 | $288,650 | $249,681 |
| 62824 | Clay City, IL 62824 | 14.3 mi | 3 | $320,538 | $87,425 | $106,846 |
| 62417 | Bridgeport, IL 62417 | 17.3 mi | 3 | $450,750 | $150,250 | $150,250 |
| 62449 | Oblong, IL 62449 | 22.2 mi | 6 | $1,160,400 | $189,950 | $193,400 |
| 62460 | Saint Francisville, IL 62460 | 22.4 mi | 1 | $127,500 | $127,500 | $127,500 |
| 62858 | Louisville, IL 62858 | 22.9 mi | 4 | $462,000 | $102,000 | $115,500 |
| 62410 | Allendale, IL 62410 | 23.2 mi | 3 | $329,700 | $109,900 | $109,900 |
| 62863 | Mount Carmel, IL 62863 | 24.2 mi | 22 | $4,295,390 | $139,900 | $195,245 |
| 62427 | Flat Rock, IL 62427 | 25.5 mi | 1 | $239,000 | $239,000 | $239,000 |
| 62833 | Ellery, IL 62833 | 26.1 mi | 1 | $215,000 | $215,000 | $215,000 |
| 62837 | Fairfield, IL 62837 | 28.2 mi | 55 | $8,638,795 | $134,750 | $157,069 |
| 62850 | Johnsonville, IL 62850 | 31.0 mi | 2 | $135,332 | $67,666 | $67,666 |
As of March 2026, there are 28 active listings in OLNEY, IL (zip code 62450), compared to 23 the prior year.
The median listing price in OLNEY, IL 62450 is $122,425 as of March 2026, a 10.7% decrease from $137,050 the prior year.
Homes in OLNEY, IL 62450 spend an average of 78 days on the market before going under contract, compared to 58 days the prior year.
Based on current inventory and days-on-market data as of March 2026, OLNEY, IL 62450 is currently a Buyer's Market. Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 78 days on market compared to 58 days last year.
With SELL123.com's maximum 3% commission, sellers in OLNEY, IL 62450 save an estimated $2,449 compared to a typical 5% commission on the median listing price of $122,425. 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.