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Olney

Olney

Located in Richland County

$149 Average Price per Sq Ft
13 Homes For Sale

The White Squirrel Capital of the World

No one is exactly sure how so many white squirrels ended up in Olney. Nevertheless, the special species can be found frolicking throughout the city and its many parks. The self-described “White Squirrel Capital of the World” embraces the critter, featuring it in the city logo and protecting it through local laws. But the county seat of rural Richland County is home to more than fluffy white rodents. Major employers include a Walmart Distribution Center and Carle Richland Memorial Hospital, plus a well-rated public school system. “We are the hub of Southeastern Illinois in terms of commerce,” says Mark Lambird, the mayor of Olney. “We’re also in the midst of a major downtown reconstruction project, so there’s a lot to look forward to.”

Keep your eye out for the elusive white squirrels in Olney City Park.
Keep your eye out for the elusive white squirrels in Olney City Park.
The Walmart Distribution Center in Olney is one of the area's largest employers.
The Walmart Distribution Center in Olney is one of the area's largest employers.
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Home prices well below the national median

The median home price in Olney is around $133,000, well below the national median. The city is primarily laid out on a grid pattern, with houses built between the late 1800s and 1990s. Some developments on the outskirts of town near the countryside feature houses built in the early 2000s. “We’ve expanded our enterprise zone to include residential,” says Lambird. “This means if you build or remodel a home, you’ll get a property tax abatement and a sales tax abatement on materials purchased in Illinois.”

New Traditional Ranchers dominate most of the outlying subdivisions in Olney.
New Traditional Ranchers dominate most of the outlying subdivisions in Olney.
Homes in Olney have an exciting nature about them, like this Italianate home in downtown.
Homes in Olney have an exciting nature about them, like this Italianate home in downtown.
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Trees planted in parks to feed the white squirrels

The city maintains five parks and other recreational spaces where the white squirrels thrive. In fact, it’s illegal for parkgoers to take any nuts, fruits or seeds. “We intentionally plant such food-producing trees for our squirrels,” says Kelsie Sterchi, Olney's city clerk. The woodlands of East Fork Lake include a 934-acre body of water, a common place for boating and fishing. The city also has an aquatic center and several sports facilities.

The albino squirrels in Olney have their own fruit plants and trees for them to eat from.
The albino squirrels in Olney have their own fruit plants and trees for them to eat from.
East Fork Lake in Olney is a great spot to catch bass, bluegill, catfish.
East Fork Lake in Olney is a great spot to catch bass, bluegill, catfish.
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Local shops and restaurants on downtown Main Street

Most stores and restaurants are located along Main Street and West Street, which intersect in the middle of Olney, with a mix of national, regional and local retailers and grocery stores. Local restaurants are much more common than national chains, especially on Main Street, which is lined with storefronts. Driving around, it’s important to keep an eye out for squirrels, since they legally have the right-of-way. “Sometimes accidents happen, and we understand,” Sterchi says. “Now, if a motorist is seen not slowing down and/or intentionally hitting a squirrel, that’s where the problem lies.”

Ophelia's Cup in Olney is a popular spot for early morning get togethers.
Ophelia's Cup in Olney is a popular spot for early morning get togethers.
Take care of your shopping needs at stores like Shoe Show and Dollar Tree in Olney.
Take care of your shopping needs at stores like Shoe Show and Dollar Tree in Olney.
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Student grows up together through Richland County Community Unit School District

Richland County Community Unit School District 1 earns a B-plus grade from Niche, with one elementary, middle and high school. St. Joseph School, the city’s only private school, provides Catholic education for kindergarten through eighth grade. Also in town, Olney Central College is one of four Illinois Eastern Community Colleges. “We just celebrated the 50th anniversary of Central’s theater program,” says Mayor Lambird. “I’m very proud of it. The shows are outstanding and always sell out. We have a couple folks from New York and Las Vegas who direct and star in the productions.” While offering more than 100 associate degrees, Olney Central also allows students to earn bachelor’s degrees through a partnership with Franklin University.

Richland County Middle School is home to 472 students in grades 6-8.
Richland County Middle School is home to 472 students in grades 6-8.
Richland County High School earns a B overall on Niche.
Richland County High School earns a B overall on Niche.
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Locals volunteer for the Annual Squirrel Count and have fun at the Richland County Fair

Every year, volunteers across the city participate in the Annual Squirrel Count, an effort meant to help track the squirrel population. Olney has several other events throughout the year, many held at Olney City Park, including a drive-through Christmas light display, the Richland County Fair and the Olney Arts Council’s Fall Festival.

A 2.5-hour drive to St. Louis, Springfield and Indianapolis

Most people drive to get around, but public buses are available through Rides Mass Transit District. The White Squirrel bus route takes residents downtown and to essential stops across the city, such as Walmart, the DMV and the hospital. U.S. Route 50 and Illinois Route 130 intersect in town, and travelers can head about 2.5 hours to St. Louis, Springfield or Indianapolis. Evansville Regional Airport, the closest place to fly commercially, is about 1.5 hours south.

Nicolas Stuart
Written By
Nicolas Stuart
Photography Contributed By
Ethan Babor
Timothy Cerva
Video By
Timothy Cerva

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Olney Housing Trends

Housing Trends

Median List Price
$145,000
Median Sale Price
$135,500
Median Single Family Sale Price
$145,000
Median Change From 1st List Price
6%
Last 12 months Home Sales
40
Median Home Sale Price YoY Change
$14
Average Price Per Sq Ft
$149

Neighborhood Facts

Number of Homes for Sale
13
Months of Supply
3.90

Homes for Sale

Distribution of Home Values

Source: Public Records

Average Home Value



Source: Public Records

Property Mix - Square Feet

Olney Has More Owners

Demographics

Total Population
8,695
Median Age
42
Population under 18
24.6%
On par with the national average
23.8%
Population over 65
22.6%
On par with the national average
19.1%

Finances

Median Household Income
$57,165
Significantly below the national average
$71,702
Average Household Income
$68,024

Education and Workforce

High School Graduates
91.6%
College Graduates
17.8%
Below the national average
34.1%
Advanced Degrees
6.7%
Below the national average
13.3%
% Population in Labor Force
60.1%
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Olney
Tyler Simmons
KLEIN RLTY&AUCTION, INC.
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