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County Overview

Mercer County, IL

Aggregate real estate market report across county ZIPs
Seller's Market
September 2026  ·  Source: Realtor.com

Market Analysis

Data as of September 2026. Source: Realtor.com.

The Mercer County, IL real estate market currently shows 59 active listings, with 24 pending sales. Homes are averaging 32 days on the market before going under contract.

Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 32 days on market compared to 49 days last year.

The median listing price has fallen 3.3% year-over-year, from $146,225 to $141,375.

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Market Context

Market Context

Population: 16,896  ·  Density: 23.1/mi²  ·  Median household income: $65,437

Typical home value: $130,232  ·  Homeownership: 80.7%

Included Areas

Aledo: 61231

Alexis: 61412

Joy: 61260

Keithsburg: 61442

Matherville: 61263

New Boston: 61272

New Windsor: 61465

North Henderson: 61466

Preemption: 61276

Reynolds: 61279

Seaton: 61476

Sherrard: 61281

Viola: 61486

Area Map

Market Overview

Active Listings
59
⇩ 6.3% vs 63 last year
Pending
24
41% pending ratio
Median Price
$141,375
⇩ 3.3% vs $146,225 last year
Average Price
$180,806
⇩ 8% vs $196,474 last year
Days on Market
32
⇩ 34.7% vs 49 days last year

Price Per Square Foot

Median $/sqft
$94
⇧ 5.6% vs $89/sqft last year
Median Home Size
1,580 sqft
Typical listing size
12-Month $/sqft Trend

Sale-to-List Price Dynamics

At Original Price
99.9%
Listings with no price change
Price Reduced
0.1%
⇩ 34.3% vs 0.2% last year
12-Month Price Reduction Trend

Based on listing price changes before sale/pending as a proxy for sale-to-list dynamics. Source: Realtor.com.

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %