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OLMSTED, IL 62970

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

Market Analysis

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

The OLMSTED, IL real estate market (62970) currently shows 2 active listings. Homes are averaging 7 days on the market before going under contract.

Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 7 days on market compared to 150 days last year.

The median listing price has fallen 17.3% year-over-year, from $215,900 to $178,650.

Whether you are buying or selling in OLMSTED, 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 Context

Market Context

Population: 405  ·  Density: 5.1/mi²  ·  Median household income: $48,333

Typical home value: $140,751  ·  Homeownership: 70.8%

Market Overview

Active Listings
2
⇩ 33.3% vs 3 last year
Pending
0
0% pending ratio
Median Price
$178,650
⇩ 17.3% vs $215,900 last year
Average Price
$178,650
⇩ 2.7% vs $183,567 last year
Days on Market
7
⇩ 95.3% vs 150 days last year

Price Per Square Foot

Median $/sqft
$90
⇩ 4.3% vs $94/sqft last year
Median Home Size
1,975 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 2 this year vs 3 last year
  • Days on market: 7 now vs 150 last year

Median & Average Pricing

Year over Year
  • Median: $178,650 (-17.3% YoY)
  • Average: $178,650 (-2.7% 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 22.5 miles — 125 listings ($26,693,675 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
62970Olmsted, IL 629700.0 mi1$209,900$209,900$209,900
62941Grand Chain, IL 629417.4 mi3$651,075$204,450$217,025
42056La Center, KY 420569.6 mi4$1,053,068$250,000$263,267
62988Tamms, IL 6298810.8 mi2$900,000$450,000$450,000
62961Millcreek, IL 6296112.1 mi1$3,900$3,900$3,900
62969Olive Branch, IL 6296914.2 mi1$55,000$55,000$55,000
62990Thebes, IL 6299016.7 mi1$651,500$651,500$651,500
62906Anna, IL 6290617.5 mi23$6,174,695$193,750$268,465
62995Vienna, IL 6299518.6 mi15$4,946,130$241,725$329,742
62957McClure, IL 6295719.2 mi7$454,300$59,900$64,900
62960Metropolis, IL 6296021.5 mi53$8,625,061$151,975$162,737
62943Grantsburg, IL 6294321.8 mi1$440,000$440,000$440,000
63834Charleston, MO 6383422.5 mi13$2,529,046$155,250$194,542

Frequently Asked Questions

How many homes are for sale in OLMSTED, IL 62970?

As of March 2026, there are 2 active listings in OLMSTED, IL (zip code 62970), compared to 3 the prior year.

What is the median home price in OLMSTED, IL 62970?

The median listing price in OLMSTED, IL 62970 is $178,650 as of March 2026, a 17.3% decrease from $215,900 the prior year.

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

Homes in OLMSTED, IL 62970 spend an average of 7 days on the market before going under contract, compared to 150 days the prior year.

Is it a seller's or buyer's market in OLMSTED, IL 62970?

Based on current inventory and days-on-market data as of March 2026, OLMSTED, IL 62970 is currently a Seller's Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 7 days on market compared to 150 days last year.

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

With SELL123.com's maximum 3% commission, sellers in OLMSTED, IL 62970 save an estimated $3,573 compared to a typical 5% commission on the median listing price of $178,650. 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.