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Olympia Fields

Olympia Fields is a village and southern suburb of Chicago in Cook County, Illinois, United States. The population was 4,988 at the 2010 census. The municipality grew up around the prestigious Olympia Fields Country Club, originally established in 1915. Olympia Fields is noteworthy as one of the wealthiest and best educated, majority African-American communities in the United States. The village's zip code (60461) is one of three majority African American communities which rank among the top five percent in the U.S. for median household income and share of adults with college degrees. (Source: Wikipedia)

Housing stock map

See the share of the area's total housing units that are in single family homes, condominiums, two-to-four unit buildings, buildings with five to 49 units, and buildings with 50 units or more.


The Composition of Cook County’s Housing Market >

Housing market indicators

All of these property level data sets are connected to parcel-level data files from the county Assessors offices that include data on every parcel in the Chicago metropolitan area. All of these parcel-level data sets include historical data and are updated on a regular basis ranging from every week to every year depending on the data set.

Housing Stock Composition

The composition of a neighborhood’s housing stock determines the appropriate targeted strategies for stabilizing local housing markets. Learn more about this data set.

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Housing Units by Property Type


Property Type 2019
Single Family 98.3%
Condominium 1.7%


Property Sales Activity

This indicator provides information on how active local residential property markets are, what types of properties are being purchased, who is buying them, and how much buyers are paying for properties.

Total Sales Activity

This is the total number of property sales in a given year. In Cook County, data are broken out separately for total sales activity on single family homes, condominium units, two-to-four unit buildings, and in buildings with five or more units. Outside of Cook County, data are for all residential parcels.


Property Type 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
All Residential Properties 126 135 91 68 64 53 53 73 89 79 74 98 102 105 132
Single Family 125 135 87 68 64 51 53 72 86 78 71 97 99 104 129
Condominium 1 -- 4 -- -- 2 -- 1 3 1 3 1 3 1 3


Sales per 100 Residential Parcels

This indicator allows users to compare the level of property sales activity across geographies. This data point represents the total number of sales on all residential parcels divided by the total number of residential parcels in a given year, multiplied by 100.


Property Type 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
All Residential Properties 6.9 7.4 5.0 3.7 3.5 2.9 2.9 4.0 5.0 4.4 4.1 5.5 5.7 5.9 7.4


Share of Sales, Business Buyers

This represents a range of investor types from small mom-and-pop investors to large Wall Street-traded equity funds. Heightened levels of single family homes purchased by business buyers is often indicative of a distressed and low priced inventory of homes, and low demand for owner-occupied housing in a neighborhood. In Cook County, this data point is available as the share of total sales activity where the buyer was a business entity by property type (single family homes, condominium units, two-to-four unit buildings, and in buildings with five or more units). Outside of Cook County, data are for all residential parcels.


Property Type 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
All Residential Properties 3.2% 3.7% 4.4% 13.2% 10.9% 18.9% 9.4% 27.4% 29.2% 20.3% 17.6% 21.4% 21.6% 20.0% 23.5%
Single Family 3.2% 3.7% 4.6% 13.2% 10.9% 19.6% 9.4% 27.8% 30.2% 20.5% 18.3% 21.6% 22.2% 20.2% 24.0%


Share of Sales, Extremely Low Value

This represents the percent of sales that were purchased for less than $20,000 in a given year. In Cook County, this data point is available as the share of total sales activity that sold for less than $20,000 by property type (single family homes, condominium units, two-to-four unit buildings, and in buildings with five or more units). Outside of Cook County, data are for all residential parcels.


Property Type 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
All Residential Properties -- -- -- -- 1.6% -- -- -- -- 1.3% -- -- -- -- 1.5%
Single Family -- -- -- -- 1.6% -- -- -- -- 1.3% -- -- -- -- 1.6%


Mortgage Activity

These data measure the flow of mortgage credit into an area and indicates the level of lender investment. The level of mortgage activity in a neighborhood relative to other areas can assess how access to credit has changed over time in a community and how the flow of credit differs across geographies and for different property types.

Total Mortgage Activity

This is the total number of mortgages in a given year. In Cook County, data are broken out separately for total mortgage activity on single family homes, condominium units, two-to-four unit buildings, and in buildings with five or more units. Outside of Cook County, data are for all residential parcels.


Property Type 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
All Residential Properties 474 523 375 208 185 160 165 188 188 132 145 173 179 156 185
Single Family 470 518 368 205 185 157 164 187 184 129 144 170 175 155 183
Condominium 4 5 7 3 -- 3 1 1 4 3 1 3 4 1 2


Mortgages per 100 Residential Parcels

Mortgages  per 100 Residential Parcel


Property Type 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
All Residential Properties 26.1 28.8 20.7 11.5 10.2 8.8 9.1 10.4 10.5 7.4 8.1 9.7 10.0 8.7 10.4


Foreclosure Filing Activity

This is an indicator of distress in a local housing market and viewing changing levels of activity allows for an understanding of the evolving nature of the foreclosure crisis in a neighborhood.

Total Foreclosure Filings Activity

This is the total number of new foreclosure filings in a given year. In Cook County, data are broken out separately for foreclosure filing activity on single family homes, condominium units, two-to-four unit buildings, and in buildings with five or more units. Outside of Cook County, data are for all residential parcels.


Property Type 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
All Residential Properties 53 65 70 74 63 80 86 76 41 41 56 49 39 39 43
Single Family 53 65 70 74 63 79 85 76 41 41 56 49 39 39 43
Condominium -- -- -- -- -- 1 1 -- -- -- -- -- -- -- --


Foreclosure Filings per 100 Residential Parcels

This indicator allows users to compare the level of foreclosure filing activity across geographies. This data point represents the total number of foreclosure filings on all residential parcels divided by the total number of residential parcels in a given year, multiplied by 100.


Property Type 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
All Residential Properties 2.9 3.6 3.9 4.1 3.5 4.4 4.7 4.2 2.3 2.3 3.1 2.7 2.2 2.2 2.4


Cumulative Foreclosure Filings Activity



Property Type 2019
All Residential Properties 31.9%


Foreclosure Auctions

These are properties that have completed the foreclosure process. Understanding foreclosure auction activity helps determine the flow of year-over-year of REO (real estate owned) properties into a market, how third-party demand at auctions differs based on property types, and the density of REO activity across geographies. The level of completed foreclosure auctions activity in a neighborhood indicates distress in a local housing market.

Total Auction Activity

This is the total number of completed foreclosure auctions in a given year. In Cook County, data are broken out separately for total auction activity on single family homes, condominium units, two-to-four unit buildings, and in buildings with five or more units. Outside of Cook County, data are for all residential parcels.


Property Type 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
All Residential Properties 17 20 32 35 19 26 17 25 26 34 28 23 26 24 24
Single Family 17 19 32 35 19 26 17 25 25 34 28 23 26 24 24
Condominium -- 1 -- -- -- -- -- -- 1 -- -- -- -- -- --


Share of Auctions Resulting in REO

This is the percent of completed foreclosure auctions in a given geography where there were no bidders and the property became bank-owned REO (real estate owned).


Property Type 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
All Residential Properties 82.4% 95.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 96.2% 97.1% 96.4% 82.6% 92.3% 95.8% 75.0%
Single Family 82.4% 94.7% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 96.0% 97.1% 96.4% 82.6% 92.3% 95.8% 75.0%
Condominium -- 100.0% -- -- -- -- -- -- 100.0% -- -- -- -- -- --


REO per 100 Residential Parcels


Property Type 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
All Residential Properties 0.8 1.0 1.8 1.9 1.0 1.4 0.9 1.4 1.4 1.8 1.5 1.1 1.3 1.3 1.0


Population and Age

Population and Age


Indicator Value
Total Population 4,821
Share of Population Aged under 18 19.4%
Share of Population Aged 18 to 44 25.5%
Share of Population Aged 45 to 64 25.3%
Share of Population Aged over 65 29.8%


Race and Ethnicity

Race and Ethnicity


Indicator Value
Share of Population that is White 21.8%
Share of Population that is African American 73.4%
Share of Population that is Hispanic or Latino 0.0%
Share of Population that is Asian 1.4%
Share of Population that is Some Other Race 3.4%


Household Income

Household Income


Indicator Value
Total Households 1,818
Share of Households with Income Less than $25,000 9.1%
Share of Households with Income $25,000 to $50,000 16.2%
Share of Households with Income $50,000 to $100,000 25.1%
Share of Households with Income $100,000 or More 49.5%


Poverty Rate

Share of Population that is under the Poverty Level


Indicator Value
Share of Population that is under the Poverty Level 3.3%


Resident Tenure

Total Households


Indicator Value
Total Households 1,818


Share of Households that are Owner-Occupied


Indicator Value
Share of Households that are Owner-Occupied 83.6%


Share of Households that are Renter-Occupied


Indicator Value
Share of Households that are Renter-Occupied 16.4%


Cost Burdened Households

Share of Owner-Occupied Households that are Cost-Burdened


Indicator Value
Share of Owner-Occupied Households that are Cost-Burdened 26.2%


Share of Renter-Occupied Households that are Cost-Burdened


Indicator Value
Share of Renter-Occupied Households that are Cost-Burdened 83.0%


Share of All Households that are Cost-Burdened


Indicator Value
Share of All Households that are Cost-Burdened 35.3%