Olney IL Commercial for Sale

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Olney Real Estate

The median home value in Olney, IL is $138,500. This is higher than the county median home value of $101,800. The national median home value is $338,100. The average price of homes sold in Olney, IL is $138,500. Approximately 54.37% of Olney homes are owned, compared to 29.03% rented, while 16.6% are vacant. Olney real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Olney real estate agent to arrange a tour today!

Olney, Illinois has a population of 8,996. Olney is less family-centric than the surrounding county with 25.78% of the households containing married families with children. The county average for households married with children is 26.46%.

The median household income in Olney, Illinois is $55,434. The median household income for the surrounding county is $59,963 compared to the national median of $69,021. The median age of people living in Olney is 40.3 years.

Olney Weather

The average high temperature in July is 86.5 degrees, with an average low temperature in January of 20.3 degrees. The average rainfall is approximately 45 inches per year, with 12.3 inches of snow per year.

Olney Real Estate Market Conditions

  • Median sales price

    $138,500
    9.4% change since last quarter
  • # Active listings

    4
    30-day change

Olney Schools and Demographics

Education near Olney, IL

Metric City County
High School Graduates 92.62 92.33
College Degree - 2 year 15.5 15.66
College Degree - 4 year 18.67 19.39
Graduate Degree 6.15 5.09
Expenditures per Student 20,205 20,205
Students per Teacher 16.2 16.2

Elementary Schools near Olney, IL

School Grades Students P/T Ratio ZIP
Clay City Elementary School PK - 05 200 15.4 62824
East Richland Elementary School PK - 05 970 15.8 62450
West Richland Elementary School PK - 05 149 14.9 62868
West Salem Grade School PK - 08 207 14.8 62476

Middle Schools near Olney, IL

School Grades Students P/T Ratio ZIP
Clay City Junior High School 06 - 08 54 27 62824
East Richland Middle School 06 - 08 556 14.3 62450
Sumner Attendance Center 04 - 06 231 14.9 62466
West Richland High School 09 - 12 104 8 62868
West Richland Junior High School 07 - 08 58 22.5 62868

High Schools near Olney, IL

School Grades Students P/T Ratio ZIP
Clay City High School 09 - 12 75 8.1 62824
East Richland High School 09 - 12 713 16.4 62450

Demographics near Olney, IL

Metric City County
Neighborhood Type Small Town
Population 8,996 15,876
Population Density 1,298 44
Median Age 40.3 42.3
People per Household 2.5 2.4
Median Household Income 55,434 59,963
Average Income per Capita 26,773 28,899