Above, you'll find an overview of the real estate market in Olney, IL. Generally, real estate in the Olney, IL area is more affordable in Illinois, as the median price of a home in Olney, IL is $82,700, which is 53% lower than the Illinois average. The median rental price in Olney, IL is $526. This is 43% lower than the average rental price in Illinois. Home owners comprise 63.1% of the population of Olney, IL, where an average of 2.2 people live in each home. Various real estate options from luxurious homes to affordable condos and urban townhomes are available in Olney, IL. Below, you can search for real estate listings in Olney, IL using our search functionality that allows you to personalize your search and filter out location, price, and number of bedrooms and bathrooms.