Call or Text (240) SELL-123

GOOD HOPE, IL 61438

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

Market Analysis

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

The GOOD HOPE, IL real estate market (61438) currently shows 5 active listings, with 3 pending sales. Homes are averaging 49 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are selling faster, averaging 49 days on market compared to 94 days last year.

The median listing price has fallen 29.8% year-over-year, from $150,000 to $105,375.

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.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for GOOD HOPE, IL 61438 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Context

Market Context

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

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

Market Overview

Active Listings
5
vs 5 last year
Pending
3
60% pending ratio
Median Price
$105,375
⇩ 29.8% vs $150,000 last year
Average Price
$101,858
⇩ 48.2% vs $196,460 last year
Days on Market
49
⇩ 47.9% vs 94 days last year

Price Per Square Foot

Median $/sqft
$61
⇩ 33.7% vs $92/sqft last year
Median Home Size
1,819 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 49 now vs 94 last year

Median & Average Pricing

Year over Year
  • Median: $105,375 (-29.8% YoY)
  • Average: $101,858 (-48.2% 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 24.1 miles — 57 listings ($6,244,901 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
61438Good Hope, IL 614380.0 mi3$264,750$88,250$88,250
61422Bushnell, IL 614226.7 mi12$1,189,128$121,125$99,094
61473Roseville, IL 614738.6 mi10$777,240$71,225$77,724
61420Blandinsville, IL 6142011.7 mi4$248,300$54,900$62,075
62326Colchester, IL 6232614.2 mi8$956,344$89,500$119,543
61450La Harpe, IL 6145017.4 mi8$960,464$124,975$120,058
62374Tennessee, IL 6237418.4 mi1$449,000$449,000$449,000
61440Industry, IL 6144019.4 mi1$79,500$79,500$79,500
61431Ellisville, IL 6143119.5 mi2$99,800$49,900$49,900
61418Biggsville, IL 6141821.3 mi3$219,675$73,225$73,225
61423Cameron, IL 6142322.1 mi2$76,900$38,450$38,450
62367Plymouth, IL 6236722.6 mi2$798,900$399,450$399,450
61425Carman, IL 6142524.1 mi1$124,900$124,900$124,900

Frequently Asked Questions

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

As of March 2026, there are 5 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 $105,375 as of March 2026, a 29.8% decrease from $150,000 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 49 days on the market before going under contract, compared to 94 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 March 2026, GOOD HOPE, IL 61438 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are selling faster, averaging 49 days on market compared to 94 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 $2,108 compared to a typical 5% commission on the median listing price of $105,375. 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.