There are no geographical USDA loan restrictions in this postal code. Click for more details on 62450.

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Home of the white squirrels



Positive Aspects:
1. Olney is located near a number of lakes, rivers, and public parks, providing plenty of opportunities for outdoor recreation.
2. Its small-town atmosphere is a great place to raise a family, with a low crime rate and excellent schools.
3. The cost of living is relatively low compared to other parts of the state.

Not So Good Thing:
1. Olney's economy is largely dependent on agricultural production, so job opportunities can be limited.

Tyler Simmons, Certified Residential Specialist
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I am a Full Time Realtor who is The Number One performing broker in both sales volume and transactions in Knox County. I am ... see full details and contact information for Tyler ... best? Call me to help you get your next home before someone else buys it!
Tyler has 8 recent and active property listings that range in price from $20,000 to $305,000 with the most recent sale on 2024-03-08 for $495,000.
Serving the areas of Centralia, Flora, Linton, Washington, Decker, Sandborn, Salem, Bicknell & Robinson
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Westley Smith
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Results that move you!
Wes graduated from West Richland High School in Noble, IL in May of 2007. After graduation, Wes pursued a degree in Business ... see full details and contact information for Westley ... to work for you whether you are looking to buy or sell your next home.
This realtor has 3 recent and active property listings that range in price from $89,900 to $499,900 with the most recent sale on 2024-02-29 for $390,000.
Serving the areas of Noble, Lawrenceville, Bridgeport, Sumner, Olney & Mount Carmel
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Shawn Clark
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We Help You Home!
Owner/Designated Managing Broker of Clark Real Estate Group, Inc. I am a full time real estate professional that has ... see full details and contact information for Shawn ... you through the process to help you achieve the best results possible.
This realtor has 0 active or recent property listings for $0 with the most recent sale on 2024-01-02 for $410,000.
Serving the areas of Olney
James Fiscus
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Hello I'm James Fiscus I have been around real estate my whole life as my dad has been an agent, auctioneer, and appraiser ... see full details and contact information for James ... property give me a call or text and let me show you how I can help you!
This realtor has 2 recent and active property listings that range in price from $178,500 to $219,500 with the most recent sale on 2023-12-08 for $385,000.
Serving the areas of Palestine, Olney, Casey, Lawrenceville, Stoy, West Union, Newton, Marshall, Robinson & Sumner
Jan Eisenhut
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Jan Parsons is a dedicated FULL TIME Realtor since 1999, who enjoys what she does and does it well. Providing the best ... see full details and contact information for Jan ... about and that allows her to help others make their dreams come true.
Jan has 2 recent and active property listings that range in price from $149,000 to $399,000 with the most recent sale on 2024-03-08 for $665,000.
Serving the areas of Oaktown, Flat Rock, Palestine, Sumner, Bridgeport, Wheatland, Sandborn & Olney
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Here are some potential advantages and disadvantages of purchasing real estate in the city of Olney, Illinois:

Advantages:
- Affordability: The cost of living in Olney is generally lower than in many other cities in Illinois or the U.S.
- Small town atmosphere: Olney is a relatively small city with a population of around 8,000, which may appeal to those looking for a more tight-knit community.
- Variety of recreational activities: Despite its size, Olney offers a variety of recreational activities, including parks, golf courses, and small lakes and rivers for fishing and water activities.
- Proximity to larger cities: Olney is located within a few hours' drive of larger cities like St. Louis, Missouri and Indianapolis, Indiana, which can make it convenient for those who want access to bigger city amenities.

Disadvantages:
- Limited job opportunities: Like many small towns, Olney may have limited job opportunities available, especially in certain fields.
- Limited cultural offerings: For those who value cultural amenities like museums, theaters, and art galleries, Olney may offer little in the way of options.
- Rural area: Although Olney is technically a city, it is located in a rural area, which may not be attractive to those who prefer an urban or suburban lifestyle.
- Extreme weather: Illinois is known for its extreme weather conditions, including hot summers and cold winters. Depending on personal preferences, some people may find this weather unpleasant.

It's important to note that these are generalities and not everyone will have the same experience or priorities. If you are considering purchasing real estate in Olney or any other location, it's a good idea to do thorough research and consider all factors that are important to you.