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GERLAW, IL 61435

Real Estate Market Report
Seller's Market
June 2026  ·  Source: Realtor.com

Market Analysis

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

The GERLAW, IL real estate market (61435) currently shows 1 active listings, with 1 pending sales. Homes are averaging 34 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 selling faster, averaging 34 days on market compared to 40 days last year.

The median listing price has fallen 53.8% year-over-year, from $248,900 to $115,000.

Whether you are buying or selling in GERLAW, 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: 155  ·  Density: 3.4/mi²  ·  Median household income: $0

Typical home value: $0  ·  Homeownership: 57.4%

Market Overview

Active Listings
1
⇩ 50% vs 2 last year
Pending
1
100% pending ratio
Median Price
$115,000
⇩ 53.8% vs $248,900 last year
Average Price
$115,000
⇩ 53.8% vs $248,900 last year
Days on Market
34
⇩ 15% vs 40 days last year

Price Per Square Foot

Median $/sqft
$100
⇧ 37% vs $73/sqft last year
Median Home Size
1,152 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 1 this year vs 2 last year
  • Days on market: 34 now vs 40 last year

Median & Average Pricing

Year over Year
  • Median: $115,000 (-53.8% YoY)
  • Average: $115,000 (-53.8% 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 21.2 miles — 61 listings ($10,786,782 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
61412Alexis, IL 614125.3 mi5$500,000$100,000$100,000
61423Cameron, IL 614238.4 mi2$76,900$38,450$38,450
61453Little York, IL 6145310.2 mi1$125,000$125,000$125,000
61488Wataga, IL 6148813.1 mi3$491,700$126,900$163,900
61486Viola, IL 6148613.9 mi5$766,520$142,500$153,304
61476Seaton, IL 6147615.3 mi1$95,000$95,000$95,000
61410Abingdon, IL 6141016.1 mi8$1,722,000$101,400$215,250
61231Aledo, IL 6123117.0 mi17$3,540,913$178,650$208,289
61467Oneida, IL 6146717.7 mi4$940,832$257,500$235,208
61418Biggsville, IL 6141818.6 mi3$219,675$73,225$73,225
61442Keithsburg, IL 6144219.9 mi2$77,500$38,750$38,750
61490Woodhull, IL 6149020.4 mi4$755,300$199,000$188,825
61281Sherrard, IL 6128121.2 mi6$1,475,442$268,750$245,907

Frequently Asked Questions

How many homes are for sale in GERLAW, IL 61435?

As of June 2026, there are 1 active listings in GERLAW, IL (zip code 61435), compared to 2 the prior year.

What is the median home price in GERLAW, IL 61435?

The median listing price in GERLAW, IL 61435 is $115,000 as of June 2026, a 53.8% decrease from $248,900 the prior year.

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

Homes in GERLAW, IL 61435 spend an average of 34 days on the market before going under contract, compared to 40 days the prior year.

Is it a seller's or buyer's market in GERLAW, IL 61435?

Based on current inventory and days-on-market data as of June 2026, GERLAW, IL 61435 is currently a Seller's Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 34 days on market compared to 40 days last year.

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

With SELL123.com's maximum 3% commission, sellers in GERLAW, IL 61435 save an estimated $2,300 compared to a typical 5% commission on the median listing price of $115,000. 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.