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Residential (General/Single)Residential
$33,305
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 86How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Aug 30, 2026

312 W OLIVE ST

SALEM, IL 62881
0
Baths
0.15 ac
Lot SizeThe size of the land the home sits on, from county records.

Valuation

$33K
$29K low$38K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$684 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$9,920 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$2,630
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$7,290
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$10,220
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$29,760

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Residential (General/Single)
CountyMARION
Lot (acres)The size of the land the home sits on, from county records.0.15
PoolWhether the property has a pool, and what kind, such as in-ground.No

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

H
Salem Community High SchoolC-
High · Grades 9–12 · 0.6 mi
M
Franklin Park Middle SchoolB+
Middle · Grades 4–8 · 0.7 mi
E
Hawthorn Elementary SchoolB
Elementary · Grades KG–3 · 0.8 mi

District: Salem School District 111

Neighborhood · ZIP 62881These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.122
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.85
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.178

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.91%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.12%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.16%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.6%
PopulationHow many people live in this area.10,212
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.104 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$61,564
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$80,373
Average tempThe average temperature here across a full year.55°F
Annual precipHow much rain and melted snow falls here in a typical year.42 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.59%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

312 W Olive St measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth less than 97% of homes in Salem 62881
  • Has a smaller lot than 87% of homes in Salem 62881

What homes are worth in Salem 62881

Each bar is how many homes fall in that price range. The marker is this home.

This home
$29K$436K

This home is worth more than 3% of homes in Salem 62881.

How it measures up in Salem 62881

The dot is this home. The mark in the middle is the typical home in Salem 62881.

Estimated value$33,305
CheaperTypical $127,070Pricier

Pricier than 3% of homes nearby

Lot size0.15 ac
SmallerTypical 0.37 acBigger

Bigger than 13% of homes nearby

How 312 W Olive St ranks against every home in each area.
MeasureThis homeSalem 62881Marion County
Estimated valuepricier than$33,3053% of homes8% of homes
Lot sizebigger than0.15 ac13% of homes15% of homes

About 312 W Olive St

How much is 312 W Olive St, Salem, IL worth?

The TopHap Estimate for 312 W Olive St, Salem, IL is $33,305 as of Aug 30, 2026. The likely range is $28,773 to $37,837. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 312 W Olive St, Salem, IL last sell?

312 W Olive St, Salem, IL last sold on Jan 1, 1900, according to the county's recorded deed.

What schools serve 312 W Olive St, Salem, IL?

312 W Olive St, Salem, IL is assigned to Salem Community High School (high), rated C-; Franklin Park Middle School (middle), rated B+; Hawthorn Elementary School (elementary), rated B. All sit in Salem School District 111. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 312 W Olive St, Salem, IL compare to other homes in Salem 62881?

Among the 4,204 homes in Salem 62881, it is worth more than 3% of them ($33,305 against a typical $127,070) and its lot is bigger than 13% of them (0.15 ac against a typical 0.37 ac). Measured against all of Marion County, it is worth more than 8% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 312 W Olive St, Salem, IL?

The 2025 property tax bill for 312 W Olive St, Salem, IL was $684. The county assessed it at $9,920.

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