Comprehensive market data and analysis• Updated Oct 2026
24.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | 1 |
| 1-2 acres | - | 1 | 1 | 1 |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 1 | 1 | 2 |
Acreage buckets
The median price for land in Olympia Fields, Illinois is currently $105K per acre. For a typical parcel, the median sale price is $55K. Market volatility is currently low, meaning prices can vary minimally based on location and access. Recently, the cheapest land sold for $47K while premium lots reached $63K.
Olympia Fields, Illinois is currently a strong buyer's market with 24.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Olympia Fields, Illinois currently has 24.0 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
Land in Olympia Fields, Illinois averages $105K per acre. The median price per acre is $105K, which may be more representative of typical transactions. Most parcels sold are around 36,285 sq ft.
The 3-month absorption rate in Olympia Fields, Illinois is 4.2%. The 12-month rate is 2.1%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
The median land price in Olympia Fields, Illinois stands at $55K. This translates to roughly $105K per acre for the typical parcel size.
There are currently 8 active listings in Olympia Fields, Illinois. 1 new listings have hit the market in the last 90 days. The median asking price is $48K.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity, and some transactions are reported late. The date at the top of the page is the report date. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
See land for sale and off-market property records in Olympia Fields on LandyDandy.
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