Home prices
The median home in Olmsted is valued at $66,500. In comparison to its nearby areas this is roughly $9,500 (16%) higher.It is roughly $151,000 (69%) lower compared to the rest of the country, and compared to the city of Carbondale is about $51,000 (43%) lower.
Rents
In Olmsted the median monthly rent is $479. In comparison to its surrounding areas it is roughly $197 (29%) lower.Compared to the US as a whole it is about $583 (54%) lower, and in comparison to the city of Carbondale is about $235 (32%) lower.
Nearby places
New Grand Chain
New Grand Chain is about 6 miles northeast from Olmsted. Real estate prices there are similar. The cost of the median home in New Grand Chain is $70,000, which works out to $3,500 (5%) higher than Olmsted. Its rents are significantly more expensive. New Grand Chain's median rent is $863 per month, which is $384 (44%) higher than Olmsted.
Mounds
Mounds is approximately 7 miles southwest of Olmsted. The real estate prices there are substantially less expensive. The value of the median home in Mounds is $24,700, which is $41,800 (169%) lower than Olmsted. Rents there are fairly similar. The median rent in Mounds is $470 per month, which is $9 (1%) lower than Olmsted.
Mound City
Mound City is approximately 7 miles southwest from Olmsted. Its housing prices are significantly less expensive. The median home in Mound City is valued at $34,600, which comes out to $31,900 (92%) lower than Olmsted. The rent there is a bit more expensive. The median rent in Mound City is $522 a month, which is $43 (8%) higher than Olmsted.
Ullin
Ullin is about 7 miles northwest of Olmsted. Its housing prices are a little more expensive. Ullin's median home value is $71,300, which comes out to $4,800 (6%) higher than Olmsted. Rents there are a bit more expensive. Ullin's median monthly rent is $604, which comes out to $125 (20%) higher than Olmsted.
La Center
La Center is about 9 miles southeast from Olmsted. The real estate prices there are a bit more expensive. The price of the median home in La Center is $84,400, which works out to $17,900 (21%) higher than Olmsted. Its rents are a lot more expensive. In La Center the median monthly rent is $919, which works out to $440 (47%) higher than Olmsted.