From July to September, 37 homes sold in Olympia Fields for a median price of $215,000. That's 14.9 percent higher than median home sale prices for the third quarter of 2017.
In the third quarter, 3 homes in Olympia Fields were in foreclosure.
Median property tax for homeowners in Olympia Fields was $8,606.83 in 2017 according to tax data from that year. That means homeowners pay 4.6 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.
Olympia Fields real estate: Q3 2009-2018
Properties sold
Median sale price
Change in sale price
2009
20
$280,800
-
2010
19
$182,400
-35%
2011
14
$177,975
-2.4%
2012
29
$137,340
-22.8%
2013
20
$171,990
25.2%
2014
23
$200,340
16.5%
2015
29
$164,300
-18%
2016
25
$168,000
2.3%
2017
34
$187,170
11.4%
2018
37
$215,000
14.9%
Median property tax
Median sale price
Effective property tax rate
2009
$9,145.93
$280,800
3.3%
2010
$9,546.93
$182,400
5.2%
2011
$8,198.39
$177,975
4.6%
2012
$7,470.59
$137,340
5.4%
2013
$8,326.75
$171,990
4.8%
2014
$7,836.95
$200,340
3.9%
2015
$7,083.49
$164,300
4.3%
2016
$7,271.08
$168,000
4.3%
2017
$8,606.82
$187,170
4.6%
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