605 E Olive St
Salem, IL 62881
Studio
Studio
Home Value
Trulia Estimate
$113KSince last month
Decreased$4K (-3.1%)Since last year
Decreased$2K (-1.8%)Since last sale
Increased$49K (+74.8%)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 +33% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $114K |
| July 2026 | $117K |
| June 2026 | $117K |
| May 2026 | $116K |
| April 2026 | $126K |
| March 2026 | $118K |
| February 2026 | $125K |
| January 2026 | $111K |
2025 | |
2024 | |
2023 | |
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 |
|---|---|---|---|---|---|---|---|
0.07 | Single-Family Home | $62,800 | 01/14/26 | 2 | 1 | 760 | |
0.08 | Single-Family Home | $63,000 | 01/14/26 | - | - | ||
0.06 | Single-Family Home | $80,000 | 05/15/26 | 3 | 1 | 1,092 | |
0.04 | Single-Family Home | $95,000 | 08/03/26 | 2 | 1 | 1,156 | |
0.24 | Single-Family Home | $82,000 | 12/01/25 | - | - | ||
0.24 | Single-Family Home | $82,000 | 12/01/25 | 2 | 1 | 865 | |
0.31 | Single-Family Home | $90,000 | 04/30/26 | 3 | 2 | 1,632 | |
0.41 | Single-Family Home | $69,000 | 04/17/26 | - | - | ||
0.35 | Single-Family Home | $93,000 | 09/11/25 | 2 | 1 | 1,284 | |
0.44 | Single-Family Home | $70,000 | 02/18/26 | - | - |
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 |
|---|---|---|---|---|---|---|
0.05 | $92,300 | 3 | 1 | 1,750 | Off Market | |
0.09 | $93,000 | 2 | 1 | 1,062 | Off Market | |
0.05 | $139,000 | 3 | 1 | 1,189 | For Sale | |
0.04 | $95,000 | 2 | 1 | 1,156 | Recently Sold | |
0.06 | $80,000 | 3 | 1 | 1,092 | Recently Sold | |
0.07 | $62,800 | 2 | 1 | 760 | Recently Sold | |
0.12 | $94,400 | 3 | 1 | 1,092 | Off Market | |
0.12 | $84,000 | 2 | 1 | 1,064 | Off Market | |
0.19 | $105,900 | 5 | 3 | 1,402 | Off Market | |
0.13 | $98,100 | 3 | 1 | 1,127 | Off Market | |
0.19 | $57,500 | - | - | - | For Sale | |
0.16 | - | 2 | 1 | 736 | Off Market |
Local Information
- Map ViewExplore the area around 605 E Olive St.
- Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
- Shop & Eat
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Home Highlights
Property Type
Single-Family Home
About this House
This single-family home is located at 605 E Olive St, Salem, IL. 605 E Olive St is in Salem, IL and in ZIP code 62881.
605 E Olive St, Salem, IL 62881 is a studio single-family home. It last sold for $65,000 on Oct 15, 2019. It is currently off market. The Trulia Estimate is $112,700, with a rent estimate of $1,558/month.
Home Details for 605 E Olive St
|
|---|
Property Type / Style Property Type: Single Family Home |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Oct 15, 2019 Source: N/A | Sold | $65,000 |
Jul 15, 2019 Source: N/A | Sold | $65,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2024 | $2,264 | $92,160 |
Home facts updated by county records
Market trends in Salem
Last updated July 2026
Avg. sale price
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Sale-to-List Price
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Price per sq ft
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Available listings
41
4MoM
Around this home
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.
What Locals Say about Salem
At least 33 Trulia users voted on each feature.
95 % Say parking is easy
92 % Say yards are well-kept
86 % Say there's holiday spirit
85 % Say car is needed
85 % Say kids play outside
83 % Say people would walk alone at night
79 % Say it's dog friendly
70 % Say it's quiet
62 % Say there's wildlife
56 % Say streets are well-lit
52 % Say neighbors are friendly
50 % Say there are sidewalks
45 % Say they plan to stay for at least 5 years
44 % Say it's walkable to grocery stores
35 % Say it's walkable to restaurants
34 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 605 E Olive St
- What is 605 E Olive St estimated to be worth?Trulia's estimated value for 605 E Olive St in Salem, IL is $112,700.
- What is the price history for 605 E Olive St?605 E Olive St in Salem, IL last sold for $65,000 in October 2019.
- Is Salem a buyer's or seller's market?Salem is currently a balanced market, based on recent for-sale activity.
- What do residents say about Salem?Residents describe Salem, IL as easy to park in, well-kept, and dog-friendly. Most residents say you need a car. See recently sold homes in Salem, IL.
Apartments for Rent
Off Market Homes Near 605 E Olive St
SOLDAUG 17, 2026Equity Realty Group, Closed
SOLDAUG 17, 2026SOMER REAL ESTATE, Closed
SOLDAUG 10, 2026SOMER REAL ESTATE, Closed
SOLDAUG 10, 2026QUINN REALTY AND PROPERTY MANAGEMENT GROUP, Closed
SOLDAUG 3, 2026QUINN REALTY AND PROPERTY MANAGEMENT GROUP, Closed
SOLDJUL 17, 2026
SOLDJUL 14, 2026- SOLDJUL 8, 2026
SOLDJUN 30, 2026SOMER REAL ESTATE, Closed
See more homes for sale inSalem
Homes for sale near 605 E Olive St
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