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GOOD HOPE, IL 61438

Real Estate Market Report  ·  McDonough County
Seller's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
3
⇩ 40% vs 5 last year
Pending
0
0% pending ratio
Median Price
$110,000
⇩ 41% vs $186,500 last year
Average Price
$96,833
⇩ 54.9% vs $214,475 last year
Days on Market
42
⇩ 54.8% vs 93 days last year

Market Context

Population: 691  ·  Density: 6.6/mi²  ·  Median household income: $64,779

Typical home value: $111,878  ·  Homeownership: 85.8%

Market Analysis

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

The GOOD HOPE, IL real estate market (61438) currently shows 3 active listings. Homes are averaging 42 days on the market before going under contract.

Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 42 days on market compared to 93 days last year.

The median listing price has fallen 41% year-over-year, from $186,500 to $110,000.

Whether you are buying or selling in GOOD HOPE, 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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 3 this year vs 5 last year
  • Days on market: 42 now vs 93 last year

Median & Average Pricing

Year over Year
  • Median: $110,000 (-41% YoY)
  • Average: $96,833 (-54.9% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 22.7 miles — 86 listings ($9,745,691 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
61438Good Hope, IL 614380.0 mi3$290,499$110,000$96,833
61422Bushnell, IL 614226.7 mi11$970,750$87,250$88,250
61473Roseville, IL 614738.6 mi11$791,989$75,000$71,999
61420Blandinsville, IL 6142011.7 mi3$255,501$75,000$85,167
62326Colchester, IL 6232614.2 mi9$999,792$89,500$111,088
61480Stronghurst, IL 6148017.0 mi4$498,000$114,000$124,500
61482Table Grove, IL 6148218.4 mi2$94,000$47,000$47,000
61477Smithfield, IL 6147718.7 mi1$99,900$99,900$99,900
61410Abingdon, IL 6141019.4 mi6$985,440$74,900$164,240
61447Kirkwood, IL 6144720.7 mi3$88,500$29,500$29,500
61454Lomax, IL 6145421.8 mi1$70,000$70,000$70,000
61462Monmouth, IL 6146222.4 mi30$4,471,320$139,000$149,044
61484Vermont, IL 6148422.7 mi2$130,000$65,000$65,000

Frequently Asked Questions

How many homes are for sale in GOOD HOPE, IL 61438?

As of January 2026, there are 3 active listings in GOOD HOPE, IL (zip code 61438), compared to 5 the prior year.

What is the median home price in GOOD HOPE, IL 61438?

The median listing price in GOOD HOPE, IL 61438 is $110,000 as of January 2026, a 41% decrease from $186,500 the prior year.

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

Homes in GOOD HOPE, IL 61438 spend an average of 42 days on the market before going under contract, compared to 93 days the prior year.

Is it a seller's or buyer's market in GOOD HOPE, IL 61438?

Based on current inventory and days-on-market data as of January 2026, GOOD HOPE, IL 61438 is currently a Seller's Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 42 days on market compared to 93 days last year.

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

With SELL123.com's maximum 3% commission, sellers in GOOD HOPE, IL 61438 save an estimated $2,200 compared to a typical 5% commission on the median listing price of $110,000. 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.