From July to September, 4 homes sold in Mount Olive for a median price of $67,750. That's 1.6 percent lower than median home sale prices for the third quarter of 2017.
In the third quarter, there were no foreclosures in Mount Olive.
Median property tax for homeowners in Mount Olive was $637.35 in 2017 according to tax data from that year. That means homeowners pay 0.9 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: Q3 2009-2018
Properties sold
Median sale price
Change in sale price
2009
6
$49,725
-
2010
10
$25,080
-49.6%
2011
6
$45,450
81.2%
2012
6
$57,498
26.5%
2013
10
$64,260
11.8%
2014
11
$38,160
-40.6%
2015
15
$36,040
-5.6%
2016
16
$38,063
5.6%
2017
6
$68,850
80.9%
2018
4
$67,750
-1.6%
Median property tax
Median sale price
Effective property tax rate
2016
$1,591.31
$38,063
4.2%
2017
$637.34
$68,850
0.9%
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