Why Live in Olympia Fields
Olympia Fields, a south Chicago suburb, developed around the prestigious Olympia Fields Country Club, which has hosted major PGA tournaments. Located about 30 miles from downtown Chicago, the village is accessible via the Metra commuter rail line. The neighborhood features a mix of split-level, ranch-style homes from the 1950s to the ‘70s, and custom-built contemporary homes from the last 30 years. The Traditions of Olympia Fields is a 55-plus community with a clubhouse and exercise facilities. For outdoor attractions, residents can visit the Irons Oaks Forest Preserve, which offers trails, a climbing tower, and a high ropes course, or Bicentennial Park, which has a sledding hill, playground, and sports fields. Dining options include Shawn Michelle’s Homemade Ice Cream, known for its unique flavors and vegan options, Batter & Berries, famous for its French toast, and Bocce’s Bar and Grill, a family-owned restaurant with numerous TVs for sports viewing. Public transportation is convenient with multiple Pace Suburban bus stops and two Metra train stations, providing an hour-long commute to downtown Chicago. The neighborhood also houses the Franciscan Health Olympia Fields Hospital, the only certified teaching hospital for cancer treatment in the south suburbs.
Home Trends in Olympia Fields, IL
On average, homes in Olympia Fields, IL sell after 52 days on the market compared to the national average of 50 days. The median sale price for homes in Olympia Fields, IL over the last 12 months is $320,000, down 7% from the median home sale price over the previous 12 months.
Median Sale Price
$320,000
Median Single Family Sale Price
$349,900
Median Townhouse Sale Price
$305,000
Median 2 Bedroom Sale Price
$200,000
Average Price Per Sq Ft
$129
Number of Homes for Sale
16
Last 12 months Home Sales
70
Median List Price
$339,900
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
-7%