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MATHERVILLE, IL 61263

Real Estate Market Report  ·  Mercer County
Balanced Market
June 2026  ·  Source: Realtor.com

Market Analysis

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

The MATHERVILLE, IL real estate market (61263) currently shows 3 active listings, with 3 pending sales. Homes are averaging 87 days on the market before going under contract.

Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 87 days on market compared to 22 days last year.

The median listing price has fallen 27.8% year-over-year, from $228,500 to $164,900.

Whether you are buying or selling in MATHERVILLE, 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: 808  ·  Density: 228.2/mi²  ·  Median household income: $64,444

Typical home value: $131,265  ·  Homeownership: 70.5%

Market Overview

Active Listings
3
⇩ 25% vs 4 last year
Pending
3
100% pending ratio
Median Price
$164,900
⇩ 27.8% vs $228,500 last year
Average Price
$164,900
⇩ 21.2% vs $209,167 last year
Days on Market
87
⇧ 295.5% vs 22 days last year

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 3 this year vs 4 last year
  • Days on market: 87 now vs 22 last year

Median & Average Pricing

Year over Year
  • Median: $164,900 (-27.8% YoY)
  • Average: $164,900 (-21.2% 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 18.8 miles — 76 listings ($16,754,529 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
61263Matherville, IL 612630.0 mi3$494,700$164,900$164,900
61281Sherrard, IL 612814.8 mi6$1,475,442$268,750$245,907
61231Aledo, IL 612317.4 mi17$3,540,913$178,650$208,289
61279Reynolds, IL 612798.0 mi2$384,500$192,250$192,250
61284Taylor Ridge, IL 6128411.8 mi3$1,019,700$339,900$339,900
61262Lynn Center, IL 6126212.6 mi1$99,900$99,900$99,900
61412Alexis, IL 6141213.4 mi5$500,000$100,000$100,000
61240Coal Valley, IL 6124014.1 mi14$3,339,084$272,250$238,506
61260Joy, IL 6126014.9 mi5$684,790$97,500$136,958
61472Rio, IL 6147215.8 mi2$95,000$47,500$47,500
61233Andover, IL 6123316.1 mi2$455,000$227,500$227,500
61476Seaton, IL 6147617.0 mi1$95,000$95,000$95,000
61282Silvis, IL 6128218.8 mi15$4,570,500$307,945$304,700

Frequently Asked Questions

How many homes are for sale in MATHERVILLE, IL 61263?

As of June 2026, there are 3 active listings in MATHERVILLE, IL (zip code 61263), compared to 4 the prior year.

What is the median home price in MATHERVILLE, IL 61263?

The median listing price in MATHERVILLE, IL 61263 is $164,900 as of June 2026, a 27.8% decrease from $228,500 the prior year.

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

Homes in MATHERVILLE, IL 61263 spend an average of 87 days on the market before going under contract, compared to 22 days the prior year.

Is it a seller's or buyer's market in MATHERVILLE, IL 61263?

Based on current inventory and days-on-market data as of June 2026, MATHERVILLE, IL 61263 is currently a Balanced Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 87 days on market compared to 22 days last year.

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

With SELL123.com's maximum 3% commission, sellers in MATHERVILLE, IL 61263 save an estimated $3,298 compared to a typical 5% commission on the median listing price of $164,900. 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.