Comprehensive market data and analysis• Updated Dec 2025
27.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 1 | 1 | 1 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 1 | 1 | 1 |
Acreage buckets
The median price for land in Olympia Fields, Illinois is currently $162K per acre. For a typical parcel, the median sale price is $45K. Recently, the cheapest land sold for $45K while premium lots reached $45K.
Olympia Fields, Illinois is currently a strong buyer's market with 27.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Olympia Fields, Illinois currently has 27.0 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 $162K per acre. The median price per acre is $162K, which may be more representative of typical transactions. Most parcels sold are around 12,069 sq ft.
The 3-month absorption rate in Olympia Fields, Illinois is 3.7%. The 12-month rate is 0.9%. 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 $45K. This translates to roughly $162K per acre for the typical parcel size.
There are currently 9 active listings in Olympia Fields, Illinois. 1 new listings have hit the market in the last 90 days. The median asking price is $85K.
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. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
