Call or Text (240) SELL-123

MELVIN, IL 60952

Real Estate Market Report  ·  Ford County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
4
⇧ 100% vs 2 last year
Pending
1
25% pending ratio
Median Price
$113,500
⇧ 37.2% vs $82,750 last year
Average Price
$129,133
⇧ 56.1% vs $82,750 last year
Days on Market
78
⇧ 1200% vs 6 days last year

Market Context

Population: 653  ·  Density: 6.0/mi²  ·  Median household income: $54,792

Typical home value: $90,413  ·  Homeownership: 85.3%

Market Analysis

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

The MELVIN, IL real estate market (60952) currently shows 4 active listings, with 1 pending sales. Homes are averaging 78 days on the market before going under contract.

Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 78 days on market compared to 6 days last year.

The median listing price has risen 37.2% year-over-year, from $82,750 to $113,500.

Whether you are buying or selling in MELVIN, 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.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for MELVIN, IL 60952 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 4 this year vs 2 last year
  • Days on market: 78 now vs 6 last year

Median & Average Pricing

Year over Year
  • Median: $113,500 (+37.2% YoY)
  • Average: $129,133 (+56.1% 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 20.2 miles — 91 listings ($17,804,133 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
60952Melvin, IL 609520.0 mi4$516,532$113,500$129,133
61773Sibley, IL 617736.6 mi1$174,450$174,450$174,450
61775Strawn, IL 617758.6 mi2$734,500$367,250$367,250
60948Loda, IL 609489.6 mi7$1,797,299$249,900$256,757
60957Paxton, IL 6095710.4 mi16$2,746,624$149,900$171,664
60921Chatsworth, IL 6092112.0 mi6$1,192,302$212,250$198,717
60949Ludlow, IL 6094914.9 mi1$76,500$76,500$76,500
61741Forrest, IL 6174115.7 mi3$383,400$130,000$127,800
61770Saybrook, IL 6177016.7 mi3$441,801$162,000$147,267
61866Rantoul, IL 6186618.1 mi25$3,628,475$137,200$145,139
61843Fisher, IL 6184318.4 mi6$2,203,050$329,950$367,175
60924Cissna Park, IL 6092419.3 mi5$1,151,900$250,000$230,380
60938Gilman, IL 6093820.2 mi12$2,757,300$227,400$229,775

Frequently Asked Questions

How many homes are for sale in MELVIN, IL 60952?

As of January 2026, there are 4 active listings in MELVIN, IL (zip code 60952), compared to 2 the prior year.

What is the median home price in MELVIN, IL 60952?

The median listing price in MELVIN, IL 60952 is $113,500 as of January 2026, a 37.2% increase from $82,750 the prior year.

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

Homes in MELVIN, IL 60952 spend an average of 78 days on the market before going under contract, compared to 6 days the prior year.

Is it a seller's or buyer's market in MELVIN, IL 60952?

Based on current inventory and days-on-market data as of January 2026, MELVIN, IL 60952 is currently a Buyer's Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 78 days on market compared to 6 days last year.

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

With SELL123.com's maximum 3% commission, sellers in MELVIN, IL 60952 save an estimated $2,270 compared to a typical 5% commission on the median listing price of $113,500. 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.