House Prices

House Prices & Home Values Mount Olive, IL 2026


Average Data

average house price$172,500
average size per house1927 ft²
average price per ft²90 $ / ft²

04/17/2026 - The value range (VR) for house prices in Mount Olive, IL is $112/ sqft to $112/ sqft. An average home with 1927 sqft costs approximately $215,824 to $215,824. Mount Olive, IL includes 1 ZIP codes and it is located in Macoupin county. The lowest prices are found in ZIP 62069, while the highest are in ZIP 62069. The average price per sqare feet is $90. Our analysis is based on 6 property listings.

Avergage prices by ZIP codes Mount Olive

62069120 $ / ft²




Historical development of home values in Mount Olive

Year Estimated value (USD) Change vs. 2025
2010 $80,112 -53.6%
2011 $77,014 -55.4%
2012 $76,807 -55.5%
2013 $79,678 -53.8%
2014 $83,640 -51.5%
2015 $87,932 -49.0%
2016 $92,521 -46.4%
2017 $97,515 -43.5%
2018 $102,906 -40.3%
2019 $107,678 -37.6%
2020 $113,244 -34.4%
2021 $128,803 -25.3%
2022 $150,155 -13.0%
2023 $158,346 -8.2%
2024 $167,506 -2.9%
2025 $172,500 0.0%

Graph: estimated home values in Mount Olive over time (USD)



Example: 100% financing house in Mount Olive

Loan amount: $172,500

Interest rate: 6.00%

Fixed monthly payment: $1,034.22

Breakdown in the 1st month:
Interest portion: $862.50  –  Principal portion: $171.72

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $10,292.38 $2,118.32 $170,381.68
2 $10,161.72 $2,248.97 $168,132.71
3 $10,023.01 $2,387.69 $165,745.02
4 $9,875.74 $2,534.95 $163,210.07
5 $9,719.39 $2,691.30 $160,518.77
6 $9,553.40 $2,857.30 $157,661.47
7 $9,377.17 $3,033.53 $154,627.94
8 $9,190.07 $3,220.63 $151,407.31
9 $8,991.42 $3,419.27 $147,988.04
10 $8,780.53 $3,630.16 $144,357.88
11 $8,556.63 $3,854.06 $140,503.81
12 $8,318.92 $4,091.78 $136,412.04
13 $8,066.55 $4,344.15 $132,067.89
14 $7,798.61 $4,612.08 $127,455.80
15 $7,514.15 $4,896.55 $122,559.26
16 $7,212.14 $5,198.56 $117,360.70
17 $6,891.50 $5,519.19 $111,841.51
18 $6,551.09 $5,859.60 $105,981.91
19 $6,189.69 $6,221.01 $99,760.90
20 $5,805.99 $6,604.71 $93,156.19
21 $5,398.62 $7,012.07 $86,144.11
22 $4,966.13 $7,444.56 $78,699.55
23 $4,506.97 $7,903.73 $70,795.82
24 $4,019.48 $8,391.21 $62,404.61
25 $3,501.93 $8,908.76 $53,495.85
26 $2,952.46 $9,458.24 $44,037.61
27 $2,369.10 $10,041.60 $33,996.02
28 $1,749.75 $10,660.94 $23,335.07
29 $1,092.21 $11,318.49 $12,016.59
30 $394.11 $12,016.59 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Mount Olive, IL


1500 sqft3900 sqft
Ø selling price$163,350$347,490
Ø fast selling$148,500$312,741
Ø high price sale$178,200$382,240

In 2026, houses in Mount Olive, IL will be offered at an average price of $90 per square foot. A 1,500 sqft home priced at $163,350 is 24.54% more expensive per square foot than a 3,900 sqft home priced at $347,490. Home prices in Mount Olive, IL vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $240,571. Sellers who can wait longer may achieve a higher price of up to $294,030.


Discover Mount Olive, IL

Overview

Mount Olive, IL is a historic small town in Macoupin County best known for its ties to labor history and classic Route 66.
Travelers find Mount Olive Illinois a welcoming stop with small-town charm, affordable living, and easy access to I-55 between St. Louis and Springfield. Its compact downtown and friendly local businesses make the community a convenient hub for dining, services, and road-trip essentials.

Attractions and Things to Do

The city is home to the Union Miners Cemetery, where labor leader Mother Jones is memorialized, drawing history buffs year-round.
Nearby Route 66 landmarks, interpretive signs, and photo-worthy murals celebrate the Mother Road and Mount Olive?s place in American travel lore. Outdoor recreation includes neighborhood parks, ballfields, and scenic drives through rolling prairie and farmland. Visitors can explore local churches, seasonal festivals, and veterans memorials that highlight the town?s civic spirit.

Community and Access

Families appreciate Mount Olive?s schools, safe streets, and community programs that support youth and seniors.
From hearty Midwest diners to mom-and-pop shops, the Mount Olive IL business scene emphasizes friendly service and hometown value. Whether you are planning a Route 66 road trip or considering a peaceful place to live in Illinois, Mount Olive delivers authentic heritage, accessibility, and value.



FAQ – Home Values in Mount Olive

What is the median home value in Mount Olive in 2026?

In 2026, the typical home value in Mount Olive is about $172,500 for an average home size of 1927 square feet. This corresponds to an average price of roughly $90 per square foot.

What is the average cost per square foot in Mount Olive?

In 2026, homes in Mount Olive sell for an average of around $90 per square foot, with a typical range between $112 and $112 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Mount Olive is about 1927 square feet, with an estimated 2026 value around $172,500.



Locations close to Mount Olive, IL

Mozier, IL89 $ / ft²
New Douglas, IL81 $ / ft²
Nokomis, IL38 $ / ft²
Moro, IL108 $ / ft²
Michael, IL39 $ / ft²
Medora, IL42 $ / ft²
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