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South Central Reporter

Sunday, October 5, 2025

Mount Olive home prices rise in the third quarter of 2018

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The median sale price of a home sold in the third quarter of 2018 in Mount Olive rose by $250 while total sales decreased by 33.3%, according to BlockShopper.com.

From July through September of 2018, there were four homes sold, with a median sale price of $67,750 - a 0.4% increase over the $67,500 median sale price for the same period of the previous year. There were six homes sold in Mount Olive in the third quarter of 2017.

The median sales tax in Mount Olive for the most recent year with available data, 2017, was $1,114, approximately 1.6% of the median home sale price for the third quarter of 2018.

The following table compares Mount Olive to other Macoupin County cities with similar median sales prices in the third quarter of 2018:

CityJuly - Sept. 2018 Home SalesJuly - Sept. 2017 Home Sales% change (Total Home Sales)July - Sept. 2018 Median Sales PriceJuly - Sept. 2017 Median Sales Price% change (Median Sales Price)
Staunton2022-9.1%$88,000$112,750-22%
Brighton815-46.7%$74,750$104,500-28.5%
Carlinville1930-36.7%$70,000$60,00016.7%
Virden141216.7%$70,000$60,50015.7%
Palmyra30-$70,000$0-
Mount Olive46-33.3%$67,750$67,5000.4%
Girard79-22.2%$65,500$72,500-9.7%
Gillespie1015-33.3%$44,750$51,000-12.3%
Lake Ka-Ho110%$38,500$82,500-53.3%
Benld27-71.4%$37,500$46,200-18.8%
Bunker Hill550%$30,000$55,000-45.5%

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