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Area data

Olympia fields, IL — ZIP 60461

Population: 4,761 (Census ACS)

The median home value in ZIP 60461 (Olympia fields, IL) is $347,109 — up 5.3% over the past year. Homes sell for a median $331,000 after a median 98 days on market. 2 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Very High, with coldwave, heatwave, icestorm the top-rated hazards. Cost of living is 2.7% below the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$347,109

Median home value

+5.3%

1-year change

98

Median days on market

Very High

Hazard risk (county)

Home values & appreciation

Median home value
$347,109
1-year appreciation
+5.3%
3-year appreciation
+10.0%
5-year appreciation
+25.6%
10-year appreciation
+78.2%
All-time peak (2026-07)
$347,109
House Price Index (state)
325.3 (+6.1% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$331,000
Median list price
$352,500
Median price per sqft
$139
1-year sale-price change
-5.4%
Median days on market
98 days
Homes sold (recent period)
8
For-sale inventory
16
Sale-to-list ratio
96.5%
Active listings
16
1-year forecast
+2.5%
New listings (monthly)
5

Source: recent area sales and market data (ZIP-level)

Rents

Studio fair-market rent
$2,220/mo
1BR fair-market rent
$2,370/mo
2BR fair-market rent
$2,670/mo
3BR fair-market rent
$3,440/mo
4BR fair-market rent
$3,980/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Average)
97.3 (100 = US avg)
Electricity rate (state-level)
17.7¢/kWh
Natural gas rate (state-level)
$11.30/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Schools

Total schools
2
Elementary schools
1
Middle schools
0
High schools
1
School districts serving the area
Matteson ESD 162, Rich Twp HSD 227
Schools include
Arcadia Elem School, Rich Township High School

Source: NCES school directory, 2022-23 (school-address-based)

Natural hazards & flood risk

Overall hazard risk (county)
Very High
Top hazards (county)
coldWave, heatWave, iceStorm, inlandFlooding, lightning
Notable hazard ratings (county)
coastalFlooding: Relatively Low · coldWave: Very High · earthquake: Relatively High · hail: Relatively High · heatWave: Very High · iceStorm: Very High
FEMA flood zone
A
Flood risk level
High
Wildfire risk to homes (county)
Higher than 28% of US counties
Buildings in wildfire direct-exposure zone
1.0%
Radon potential (county)
Moderate radon potential — EPA Zone 2 of 3
EPA Superfund (NPL) sites within 5 mi
None
Nearest Superfund site
Estech General Chemical Company (11.6 mi)
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Average annual temperature
50.0°F
Average high
60.0°F
Average low
41.0°F
Annual precipitation
45.2 in
USDA plant hardiness zone
6a (extreme annual low -10 to -5°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Air quality

Air quality rating
Moderate
Median AQI (annual)
57
Days with Good air quality
104
Days with Moderate air quality
227
Days with Unhealthy air quality
5
Highest AQI recorded (year)
223

Source: EPA air quality data (nearest monitoring station, annual)

Walkability & transit

Walkability index
13.2 / 20
Transit service frequency
929
Jobs reachable by car (30 min)
116,221
Jobs reachable by transit (45 min)
124,021

Source: EPA Smart Location Database (metropolitan block groups)

Amenities

National parks within ~60 mi
2
Nearest national park
Pullman National Historical Park (13 mi)
National parks include
Pullman National Historical Park, Indiana Dunes National Park
Airports within 30 mi
30
Nearest airport
Meadow Creek Airport (8 mi)
Nearest major airport
Gary/Chicago International Airport (GYY) (16 mi)
Hospitals nearby (~15 mi)
1
Hospitals include
FRANCISCAN HEALTH OLYMPIA & CHICAGO HEIGHTS
Avg hospital rating (CMS)
2.0 / 5
Best hospital rating nearby (CMS)
2.0 / 5
EV charging stations (within 10 mi)
90
Solar radiation rating
Fair (3.9 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)

Migration

Net migration (county)
-29,533 tax filers

Source: IRS county-to-county migration data (county-level, ~12-month lag)

Housing stock

Median year housing built
1,980
Housing built before 1970
31.0%
Housing built 2000 or later
18.2%
Median annual property tax
$9,651
Mean commute to work
34 min
Households with broadband internet
87.2%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
2,269,519
Average weekly wage
$1,625
Top industries (by employment)
Health Care, Professional Services, Accommodation & Food
Annual residential building permits (county)
987

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

ZIP 60461State medianUS median
Median home value$347,109$195,432$289,727
Median sale price$331,000$212,000$325,000
Median days on market98 days48 days51 days
Median annual property tax$9,651$2,696$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the median home value in ZIP 60461?
$347,109.
What is the median sale price in ZIP 60461?
$331,000.
How long do homes take to sell in ZIP 60461?
Median days on market: 98 days.
What is typical rent in ZIP 60461?
2-bedroom fair-market rent: $2,670/month (HUD FMR — a 40th-percentile regulatory reference, not market-observed).
What is the natural-hazard risk in ZIP 60461?
Overall risk: Very High (FEMA NRI, county-level). Top hazards: coldWave, heatWave, iceStorm, inlandFlooding, lightning.
Is ZIP 60461 in a flood zone?
High (FEMA NFIP). FEMA flood zone A.
What is the wildfire risk in ZIP 60461?
Risk to homes is higher than 28% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in ZIP 60461?
Moderate radon potential — EPA Zone 2 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near ZIP 60461?
No current or proposed National Priorities List sites within 5 miles (EPA).
How many schools serve ZIP 60461?
2 schools (1 elementary, 1 high) (NCES, 2022-23).
Is ZIP 60461 walkable?
Walkability index: 13.2/20 (EPA Smart Location Database).
What is the air quality in ZIP 60461?
Moderate. Median AQI: 57. (EPA AQI).
What is the cost of living in ZIP 60461?
Regional Price Parity: 97.3 (100 = US average) (Average) (BEA RPP, metro/state-level).

Nearby ZIP codes

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Data last updated

Most recent source refresh: Sep 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents