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HERSCHER, IL 60941

Real Estate Market Report  ·  Kankakee County
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The HERSCHER, IL real estate market (60941) currently shows 4 active listings, with 1 pending sales. Homes are averaging 119 days on the market before going under contract.

Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 119 days on market compared to 92 days last year.

The median listing price has risen 5% year-over-year, from $199,900 to $209,925.

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 Context

Market Context

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

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

Market Overview

Active Listings
4
⇩ 60% vs 10 last year
Pending
1
25% pending ratio
Median Price
$209,925
⇧ 5% vs $199,900 last year
Average Price
$213,935
⇩ 1.9% vs $217,983 last year
Days on Market
119
⇧ 29.3% vs 92 days last year

Price Per Square Foot

Median $/sqft
$108
⇩ 24.5% vs $143/sqft last year
Median Home Size
1,733 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 4 this year vs 10 last year
  • Days on market: 119 now vs 92 last year

Median & Average Pricing

Year over Year
  • Median: $209,925 (+5% YoY)
  • Average: $213,935 (-1.9% 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
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 19.0 miles — 163 listings ($40,191,268 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
60941Herscher, IL 609410.0 mi5$1,049,750$209,950$209,950
60913Bonfield, IL 609137.7 mi1$285,000$285,000$285,000
60922Chebanse, IL 609228.9 mi6$1,638,420$213,724$273,070
60935Essex, IL 6093510.1 mi4$1,639,968$348,875$409,992
60901Kankakee, IL 6090110.8 mi104$23,362,352$179,925$224,638
60474South Wilmington, IL 6047413.5 mi2$545,000$272,500$272,500
60930Danforth, IL 6093014.9 mi2$1,434,900$717,450$717,450
60424Gardner, IL 6042415.4 mi5$2,186,875$433,000$437,375
60929Cullom, IL 6092915.6 mi1$76,500$76,500$76,500
60408Braidwood, IL 6040817.2 mi15$4,024,335$292,450$268,289
60420Dwight, IL 6042017.8 mi6$1,496,748$264,225$249,458
60959Piper City, IL 6095918.0 mi2$256,250$128,125$128,125
60938Gilman, IL 6093819.0 mi10$2,195,170$217,400$219,517

Frequently Asked Questions

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

As of March 2026, there are 4 active listings in HERSCHER, IL (zip code 60941), compared to 10 the prior year.

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

The median listing price in HERSCHER, IL 60941 is $209,925 as of March 2026, a 5% increase from $199,900 the prior year.

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

Homes in HERSCHER, IL 60941 spend an average of 119 days on the market before going under contract, compared to 92 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 March 2026, HERSCHER, IL 60941 is currently a Balanced Market. Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 119 days on market compared to 92 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 $4,199 compared to a typical 5% commission on the median listing price of $209,925. 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.