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Why Live in Olney

Olney, Illinois, known as the "White Squirrel Capital of the World," is a small city where white squirrels are a celebrated part of the community, even featured in the city logo and protected by local laws. Located in Richland County, Olney is a hub of commerce in Southeastern Illinois, with major employers like Walmart Distribution Center and Carle Richland Memorial Hospital. The city is undergoing a downtown reconstruction project, adding to its appeal. Housing in Olney ranges from homes built in the late 1800s to early 2000s, with median home prices around $133,000, significantly lower than the national median. The well-rated Richland County Community Unit School District 1 serves local students, and Olney Central College offers higher education opportunities, including associate and bachelor’s degrees through a partnership with Franklin University. Olney boasts five parks, including the woodlands of East Fork Lake, a popular spot for boating and fishing. Main Street and West Street are lined with local shops and restaurants, contributing to the city's vibrant downtown. Annual events like the Richland County Fair and the Olney Arts Council’s Fall Festival are held at Olney City Park, adding to the city's attractions. Public transportation is available through Rides Mass Transit District, with the White Squirrel bus route providing access to essential stops. Olney is about 2.5 hours from St. Louis, Springfield, and Indianapolis, with Evansville Regional Airport located 1.5 hours south.

Home Trends in Olney, IL

Housing Trends

Median Sale Price
$152,000
Median Single Family Sale Price
$157,500
Average Price Per Sq Ft
$190
Number of Homes for Sale
5
Last 12 months Home Sales
39
Months of Supply
1.50
Median List Price
$159,900
Median Change From 1st List Price
6%
Median Home Sale Price YoY Change
45%
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