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IL area data

Olney, IL

Olney, IL.

Population: 12,327 (Census ACS)

Home values & appreciation

Median home value
$140,471
1-year appreciation
+11.3%
3-year appreciation
+10.7%
5-year appreciation
+20.1%
10-year appreciation
+50.0%
All-time peak (2026-04)
$140,645
House Price Index
325.3 (+6.1% YoY)

Market activity

New listings (monthly)
12

Affordability

Cost of living index (Average)
97.3 (100 = US avg)
Electricity rate (state-level)
17.7¢/kWh
Natural gas rate (state-level)
$11.30/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
3
Elementary schools
1
Middle schools
1
High schools
1

Natural hazards & flood risk

Overall hazard risk
Relatively Low
Top hazards
drought, strongWind

Climate (30-year normals)

Average annual temperature
55.0°F
Average high
65.0°F
Average low
44.0°F
Annual precipitation
49.9 in
Annual snowfall
11.2 in

Amenities

National parks within ~60 mi
1
Nearest national park
George Rogers Clark National Historical Park (30 mi)
Nearest airport
Olney Noble Airport (OLY) (5 mi)
Hospitals nearby (~15 mi)
1
Solar radiation rating
Fair (4.2 kWh/m²/day)

Migration

Net migration
+6 tax filers

Housing stock

Median year housing built
1,972
Median annual property tax
$1,933
Mean commute to work
17 min
Households with broadband internet
61.3%

Employment & development

Total county employment
4,966
Average weekly wage
$901
Top industries (by employment)
Health Care, Accommodation & Food, Finance & Insurance
Annual residential building permits (county)
7

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents