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HERSCHER, IL 60941

Real Estate Market Report  ·  Kankakee County
Seller's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
5
⇩ 28.6% vs 7 last year
Pending
1
20% pending ratio
Median Price
$202,450
⇩ 7.4% vs $218,650 last year
Average Price
$199,450
⇩ 10.7% vs $223,405 last year
Days on Market
43
⇩ 52.7% vs 91 days last year

Market Context

Population: 1,639  ·  Density: 12.3/mi²  ·  Median household income: $82,227

Typical home value: $202,588  ·  Homeownership: 79.4%

Market Analysis

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

The HERSCHER, IL real estate market (60941) currently shows 5 active listings, with 1 pending sales. Homes are averaging 43 days on the market before going under contract.

Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 43 days on market compared to 91 days last year.

The median listing price has fallen 7.4% year-over-year, from $218,650 to $202,450.

Whether you are buying or selling in HERSCHER, IL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 5 this year vs 7 last year
  • Days on market: 43 now vs 91 last year

Median & Average Pricing

Year over Year
  • Median: $202,450 (-7.4% YoY)
  • Average: $199,450 (-10.7% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 19.6 miles — 291 listings ($85,811,122 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
60941Herscher, IL 609410.0 mi5$997,250$202,450$199,450
60913Bonfield, IL 609137.7 mi1$289,900$289,900$289,900
60922Chebanse, IL 609228.9 mi5$1,324,700$199,999$264,940
60935Essex, IL 6093510.1 mi3$1,248,900$339,000$416,300
60901Kankakee, IL 6090110.8 mi105$22,948,905$174,950$218,561
60915Bradley, IL 6091513.9 mi19$3,518,857$192,000$185,203
60910Aroma Park, IL 6091015.0 mi1$97,400$97,400$97,400
60914Bourbonnais, IL 6091415.5 mi64$25,607,104$345,000$400,111
60407Braceville, IL 6040716.2 mi2$990,000$495,000$495,000
60481Wilmington, IL 6048117.4 mi38$13,861,564$267,450$364,778
60964Saint Anne, IL 6096417.9 mi17$4,805,764$258,750$282,692
60950Manteno, IL 6095018.0 mi27$9,421,110$359,900$348,930
60951Martinton, IL 6095119.6 mi4$699,668$169,900$174,917

Frequently Asked Questions

How many homes are for sale in HERSCHER, IL 60941?

As of January 2026, there are 5 active listings in HERSCHER, IL (zip code 60941), compared to 7 the prior year.

What is the median home price in HERSCHER, IL 60941?

The median listing price in HERSCHER, IL 60941 is $202,450 as of January 2026, a 7.4% decrease from $218,650 the prior year.

How long do homes stay on the market in HERSCHER, IL?

Homes in HERSCHER, IL 60941 spend an average of 43 days on the market before going under contract, compared to 91 days the prior year.

Is it a seller's or buyer's market in HERSCHER, IL 60941?

Based on current inventory and days-on-market data as of January 2026, HERSCHER, IL 60941 is currently a Seller's Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 43 days on market compared to 91 days last year.

How much can I save on real estate commission in HERSCHER, IL?

With SELL123.com's maximum 3% commission, sellers in HERSCHER, IL 60941 save an estimated $4,049 compared to a typical 5% commission on the median listing price of $202,450. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.