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RANKIN, IL 60960

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

Market Analysis

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

The RANKIN, IL real estate market (60960) currently shows 4 active listings, with 1 pending sales. Homes are averaging 46 days on the market before going under contract.

Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.

Homes are selling faster, averaging 46 days on market compared to 171 days last year.

The median listing price has fallen 20.1% year-over-year, from $56,200 to $44,900.

Whether you are buying or selling in RANKIN, 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: 872  ·  Density: 4.1/mi²  ·  Median household income: $52,393

Typical home value: $81,409  ·  Homeownership: 77.9%

Market Overview

Active Listings
4
⇧ 33.3% vs 3 last year
Pending
1
25% pending ratio
Median Price
$44,900
⇩ 20.1% vs $56,200 last year
Average Price
$70,746
⇧ 25.9% vs $56,200 last year
Days on Market
46
⇩ 73.1% vs 171 days last year

Price Per Square Foot

Median $/sqft
$46
⇧ 39.4% vs $33/sqft last year
Median Home Size
1,425 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 4 this year vs 3 last year
  • Days on market: 46 now vs 171 last year

Median & Average Pricing

Year over Year
  • Median: $44,900 (-20.1% YoY)
  • Average: $70,746 (+25.9% 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 22.0 miles — 97 listings ($16,566,344 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
60960Rankin, IL 609600.0 mi4$304,600$76,150$76,150
61865Potomac, IL 6186510.5 mi2$402,966$199,000$201,483
60948Loda, IL 6094811.4 mi8$2,140,632$253,550$267,579
60942Hoopeston, IL 6094212.2 mi21$2,280,453$108,225$108,593
60957Paxton, IL 6095713.1 mi18$3,002,526$144,925$166,807
60963Rossville, IL 6096313.5 mi4$617,668$134,450$154,417
61866Rantoul, IL 6186616.6 mi21$3,107,895$139,925$147,995
61871Royal, IL 6187117.7 mi2$519,800$259,900$259,900
61878Thomasboro, IL 6187819.4 mi4$522,576$129,900$130,644
60933Elliott, IL 6093320.2 mi1$97,500$97,500$97,500
61859Ogden, IL 6185920.3 mi2$742,600$454,900$371,300
60974Woodland, IL 6097420.9 mi1$120,000$120,000$120,000
61873Saint Joseph, IL 6187322.0 mi9$2,707,128$288,725$300,792

Frequently Asked Questions

How many homes are for sale in RANKIN, IL 60960?

As of March 2026, there are 4 active listings in RANKIN, IL (zip code 60960), compared to 3 the prior year.

What is the median home price in RANKIN, IL 60960?

The median listing price in RANKIN, IL 60960 is $44,900 as of March 2026, a 20.1% decrease from $56,200 the prior year.

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

Homes in RANKIN, IL 60960 spend an average of 46 days on the market before going under contract, compared to 171 days the prior year.

Is it a seller's or buyer's market in RANKIN, IL 60960?

Based on current inventory and days-on-market data as of March 2026, RANKIN, IL 60960 is currently a Balanced Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are selling faster, averaging 46 days on market compared to 171 days last year.

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

With SELL123.com's maximum 3% commission, sellers in RANKIN, IL 60960 save an estimated $898 compared to a typical 5% commission on the median listing price of $44,900. 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.