From July through December of 2021, there were seven homes sold, with a median sale price of $65,000 - a 5% decrease over the $68,443 median sale price for the same period of the previous year. There were two homes sold in Olivet in the second half of 2020.
The median sales tax in Olivet for the most recent year with available data, 2019, was $846, approximately 1.3% of the median home sale price for the second half of 2021.
The following table compares Olivet to other Vermilion County cities with similar median sale prices in the second half of 2021:
| City | July - Dec. 2021 Home Sales | July - Dec. 2020 Home Sales | % change (Total Home Sales) | July - Dec. 2021 Median Sales Price | July - Dec. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Fithian | 4 | 4 | 0% | $82,500 | $94,450 | -12.7% |
| Allerton | 2 | 1 | 100% | $80,000 | $84,900 | -5.8% |
| Fairmount | 2 | 4 | -50% | $78,500 | $85,750 | -8.5% |
| Danville | 283 | 288 | -1.7% | $72,000 | $50,000 | 44% |
| Belgium | 2 | 1 | 100% | $71,000 | $92,900 | -23.6% |
| Olivet | 7 | 2 | 250% | $65,000 | $68,442.50 | -5% |
| Georgetown | 34 | 22 | 54.5% | $60,267 | $48,700 | 23.8% |
| Bismarck | 3 | 7 | -57.1% | $60,000 | $136,000 | -55.9% |
| Tilton | 27 | 24 | 12.5% | $58,500 | $41,500 | 41% |
| Hoopeston | 47 | 56 | -16.1% | $55,000 | $48,000 | 14.6% |
| Rankin | 10 | 6 | 66.7% | $50,000 | $52,450 | -4.7% |
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