500 E Locust St, Olney, IL 62450
OFF MARKET

$78,100

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 1,600 sqft

500 E Locust St, Olney, IL 62450

Est. Refi. Payment $578/mo*
Refinance Your Home

Home Value

Trulia Estimate
$78.1K
Since last month
Decreased$6K (-7.1%)
Since last year
Increased$4K (+5.4%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +119% in the last 10 years
MonthEstimated value
2026
August 2026$80K
July 2026$86K
June 2026$91K
May 2026$89K
April 2026$82K
March 2026$83K
February 2026$77K
January 2026$75K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
403 N Fair St, Olney, IL
0.21
Single-Family Home
$194,000
03/25/26
3
1
1,814
318 S Elliott St, Olney, IL
0.50
Single-Family Home
$175,000
11/05/25
3
2
1,533
203 N East St, Olney, IL
0.30
Single-Family Home
$135,000
09/23/25
4
3
1,800
400 N Silver St, Olney, IL
0.10
Single-Family Home
$75,000
05/22/26
2
1
900
1127 Keiffer Dr, Olney, IL
0.57
Single-Family Home
$191,000
09/12/25
3
2
1,909
213 S Morgan St, Olney, IL
0.41
Single-Family Home
$168,000
05/15/26
4
2
2,434
312 N Mill St, Olney, IL
0.23
Single-Family Home
$142,500
03/31/26
4
3.5
2,464
121 N Ludlow St, Olney, IL
0.58
Single-Family Home
$160,000
06/17/26
4
2
1,701
530 S East St, Olney, IL
0.71
Single-Family Home
$124,000
08/18/26
3
1.5
1,385
1209 E Hall St, Olney, IL
0.68
Single-Family Home
$208,000
07/07/26
3
2
2,100

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
712 E Locust St, Olney, IL 62450
0.08
$135,700
3
1.5
1,430
Off Market
328 N Elliott St, Olney, IL 62450
0.13
$249,900
4
2
5,000
For Sale
325 N Elliott St, Olney, IL 62450
0.13
$224,900
4
2.5
2,116
For Sale
309 N Elliott St, Olney, IL 62450
0.16
$132,100
4
3
2,200
Off Market
201 E Laurel St, Olney, IL 62450
0.20
$87,800
3
1
1,561
Off Market
312 N Mill St, Olney, IL 62450
0.23
$142,500
4
3.5
2,464
Recently Sold
415 N Fair St, Olney, IL 62450
0.20
$211,300
3
2
1,705
Off Market
403 N Fair St, Olney, IL 62450
0.21
$194,000
3
1
1,814
Recently Sold
321 N East St, Olney, IL 62450
0.25
$69,500
5
1.5
2,400
Off Market
202 N Mill St, Olney, IL 62450
0.28
$82,500
2
1.5
1,486
Off Market
827 N Boone St, Olney, IL 62450
0.25
$172,500
3
2
2,348
Off Market
203 N East St, Olney, IL 62450
0.30
$140,700
4
3
1,800
Off Market

Local Information

  • Map ViewExplore the area around 500 E Locust St.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Living Area
1,600 sqft
Price/Sqft
$49
Parking
Garage

About this House

3 bedroom 2 bath home on corner lot. 1st month, deposit, & last month. Application required. Pets if approved will be additional cost monthly. Thanks for your interest.
500 E Locust St, Olney, IL 62450 is a 3 bedroom, 2 bathroom, 1,600 sqft single-family home. More recently, it was listed as a rental in December 2019 with an asking price of $800 per month. That rental listing was removed on March 24, 2021. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $78,100, with a rent estimate of $1,365/month.

Home Details for 500 E Locust St

Interior Features

Heating & Cooling
Heating: Forced AirHeating Fuel: Forced Air
Appliances & Utilities
DryerWasher

Property Information

Property Type / Style
Property Type: Single Family Home

Exterior Features

Parking & Garage
GarageParking: Garage Detached

Price and Tax history

DateEventPrice
Mar 24, 2021
Source: N/A
ListingRemoved
Feb 28, 2020
Source: N/A
ListingRemoved
$800
Dec 30, 2019
Source: N/A
Listed For Rent
$800

Market trends in Olney

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
36
2MoM

Around this home

What Locals Say about Olney

At least 31 Trulia users voted on each feature.

  • 90 % Say parking is easy

  • 90 % Say yards are well-kept

  • 87 % Say people would walk alone at night

  • 79 % Say it's dog friendly

  • 76 % Say there's wildlife

  • 75 % Say car is needed

  • 74 % Say kids play outside

  • 72 % Say there's holiday spirit

  • 70 % Say it's quiet

  • 61 % Say there are sidewalks

  • 60 % Say neighbors are friendly

  • 54 % Say it's walkable to restaurants

  • 51 % Say they plan to stay for at least 5 years

  • 50 % Say it's walkable to grocery stores

  • 29 % Say streets are well-lit

  • 24 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Ladymystictenchi85
    "we have white squirrels, and a county fair. lots of fishing holes and swimming pool. most people are friendly"
    1
    Flag
  • BR
    "It’s small and quaint. Most people know each other. Low crime rate. Known for their white squirrels "
    1
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 500 E Locust St

  • What is 500 E Locust St estimated to be worth?
    Trulia's estimated value for 500 E Locust St in Olney, IL is $78,100.
  • Is Olney a buyer's or seller's market?
    Olney is currently a seller's market, based on recent for-sale activity.
  • What do residents say about Olney?
    Residents describe Olney, IL as easy to park in, well-kept, and dog-friendly. Most residents say you need a car. See recently sold homes in Olney, IL.
  • What are the closest schools to 500 E Locust St?
    The closest schools to 500 E Locust St in Olney, IL are East Richland Elementary School (rated 6/10), East Richland High School (rated 8/10), East Richland Middle School (rated 7/10).
  • Does 500 E Locust St have laundry facilities?
    Yes, 500 E Locust St in Olney, IL has in-unit laundry.
  • Does 500 E Locust St have a garage?
    Yes, 500 E Locust St in Olney, IL has a garage.

Apartments for Rent

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Off Market Homes Near 500 E Locust St

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Homes for sale near 500 E Locust St

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