What is the housing market like in Olympia Terrace today?
In January 2025, Olympia Terrace home prices were down 6.0% compared to last year, selling for a median price of $196K. On average, homes in Olympia Terrace sell after 55 days on the market compared to 62 days last year. There were 3 homes sold in January this year, down from 6 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$196,000
-6.0% YoY | Jan 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jan 2025
Growth
% YoY
Olympia Terrace, IL
$196,000
-6.0%
United States
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All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
100.6%
+1.8 pt YoY | Jan 2025
Based on Redfin calculations of home data from MLS and/or public records.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Olympia Terrace housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Olympia Terrace.
Flood Factor - Minor
11% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Olympia Terrace has a minor risk of flooding. 40 properties in Olympia Terrace are likely to be
severely affected
by flooding over the next 30 years. This represents 11% of all properties in Olympia Terrace. Flood risk is increasing slower than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Olympia Terrace has a moderate risk of wildfire. There are 4 properties in Olympia Terrace that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in Olympia Terrace.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Olympia Terrace has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Olympia Terrace is most at risk from hurricanes. 928 properties in Olympia Terrace have some risk of being in a severe wind event within the next 30 years.
100% of properties are at moderate
risk of heat over the next 30 years
Heat Factor
Olympia Terrace has a moderate risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Olympia Terrace have a Moderate Heat Factor®.
Olympia Terrace is expected to see a 128% increase in the number of days over 101ºF over the next 30 years. Olympia Terrace is expected to experience 7