From April to June, 4 homes sold in Mount Olive for a median price of $65,750. That's 7.4 percent higher than median home sale prices for the second quarter of 2017.
In the second quarter, there were no foreclosures in Mount Olive.
Median property tax for homeowners in Mount Olive was $1,227.06 in 2017 according to tax data from that year. That means homeowners pay 2 percent of their home's value in taxes.
Statewide, Illinois homeowners pay an effective property tax rate of 2.2 percent, according to a 2017 property tax analysis by ATTOM Data Solutions, ranking it second among U.S. states and the District of Columbia.
Mount Olive real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
5
$29,250
-
2010
7
$41,040
40.3%
2011
7
$101,700
147.8%
2012
8
$80,933
-20.4%
2013
12
$32,670
-59.6%
2014
12
$49,820
52.5%
2015
7
$35,298
-29.1%
2016
19
$54,600
54.7%
2017
13
$61,200
12.1%
2018
4
$65,750
7.4%
Median property tax
Median sale price
Effective property tax rate
2016
$1,490.87
$54,600
2.7%
2017
$1,227.06
$61,200
2%
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