The median sale price of a home sold in June 2020 in Mount Olive rose by $14,250 while total sales decreased by 33.3%, according to BlockShopper.com.
In June 2020, there were four homes sold, with a median sale price of $40,250 - a 54.8% increase over the $26,000 median sale price for the same period of the previous year. There were six homes sold in Mount Olive in June 2019.
The median sales tax in Mount Olive for the most recent year with available data, 2018, was $1,172, approximately 2.9% of the median home sale price for June 2020.
The following table compares Mount Olive to other Macoupin County cities in June 2020:
| City | June 2020 Home Sales | June 2019 Home Sales | % change (Total Home Sales) | June 2020 Median Sales Price | June 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Carlinville | 10 | 9 | 11.1% | $120,000 | $65,000 | 84.6% |
| Bunker Hill | 4 | 2 | 100% | $108,750 | $44,000 | 147.2% |
| Brighton | 5 | 2 | 150% | $96,000 | $78,000 | 23.1% |
| Virden | 11 | 6 | 83.3% | $92,000 | $84,750 | 8.6% |
| Shipman | 1 | 1 | 0% | $90,000 | $10,000 | 800% |
| Staunton | 4 | 8 | -50% | $80,750 | $118,000 | -31.6% |
| Gillespie | 4 | 6 | -33.3% | $75,000 | $90,500 | -17.1% |
| Benld | 1 | 4 | -75% | $54,000 | $34,750 | 55.4% |
| Mount Clare | 1 | 0 | - | $45,000 | $0 | - |
| Mount Olive | 4 | 6 | -33.3% | $40,250 | $26,000 | 54.8% |
| Wilsonville | 1 | 1 | 0% | $40,000 | $4,500 | 788.9% |
| Palmyra | 0 | 1 | -100% | $0 | $85,000 | -100% |
| Girard | 0 | 1 | -100% | $0 | $40,000 | -100% |
| Medora | 0 | 0 | - | $0 | $0 | - |
| Sawyerville | 0 | 0 | - | $0 | $0 | - |
| White City | 0 | 0 | - | $0 | $0 | - |
| Lake Ka-Ho | 0 | 1 | -100% | $0 | $50,000 | -100% |
| East Gillespie | 0 | 0 | - | $0 | $0 | - |
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