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MONMOUTH, IL 61462

Real Estate Market Report  ·  Warren County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
30
⇩ 6.3% vs 32 last year
Pending
5
17% pending ratio
Median Price
$139,000
⇧ 32.4% vs $104,950 last year
Average Price
$149,044
⇧ 10.1% vs $135,428 last year
Days on Market
93
⇧ 5.7% vs 88 days last year

Market Context

Population: 10,855  ·  Density: 29.5/mi²  ·  Median household income: $62,679

Typical home value: $100,796  ·  Homeownership: 74.5%

Market Analysis

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

The MONMOUTH, IL real estate market (61462) currently shows 30 active listings, with 5 pending sales. Homes are averaging 93 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 taking longer to sell, averaging 93 days on market compared to 88 days last year.

The median listing price has risen 32.4% year-over-year, from $104,950 to $139,000.

Whether you are buying or selling in MONMOUTH, 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: 30 this year vs 32 last year
  • Days on market: 93 now vs 88 last year

Median & Average Pricing

Year over Year
  • Median: $139,000 (+32.4% YoY)
  • Average: $149,044 (+10.1% 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 22.4 miles — 80 listings ($11,753,436 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
61462Monmouth, IL 614620.0 mi30$4,471,320$139,000$149,044
61423Cameron, IL 614238.0 mi2$79,900$39,950$39,950
61412Alexis, IL 6141211.6 mi7$1,193,500$128,500$170,500
61473Roseville, IL 6147313.9 mi11$791,989$75,000$71,999
61469Oquawka, IL 6146914.0 mi3$409,701$89,900$136,567
61476Seaton, IL 6147615.7 mi3$225,000$75,000$75,000
61439Henderson, IL 6143917.7 mi1$135,000$135,000$135,000
61437Gladstone, IL 6143718.1 mi1$90,000$90,000$90,000
61488Wataga, IL 6148819.1 mi2$364,800$182,400$182,400
61442Keithsburg, IL 6144219.4 mi1$62,500$62,500$62,500
61415Avon, IL 6141521.2 mi7$794,780$79,950$113,540
61448Knoxville, IL 6144821.4 mi9$2,743,047$334,450$304,783
61470Prairie City, IL 6147022.4 mi3$391,899$99,900$130,633

Frequently Asked Questions

How many homes are for sale in MONMOUTH, IL 61462?

As of January 2026, there are 30 active listings in MONMOUTH, IL (zip code 61462), compared to 32 the prior year.

What is the median home price in MONMOUTH, IL 61462?

The median listing price in MONMOUTH, IL 61462 is $139,000 as of January 2026, a 32.4% increase from $104,950 the prior year.

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

Homes in MONMOUTH, IL 61462 spend an average of 93 days on the market before going under contract, compared to 88 days the prior year.

Is it a seller's or buyer's market in MONMOUTH, IL 61462?

Based on current inventory and days-on-market data as of January 2026, MONMOUTH, IL 61462 is currently a Balanced Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 93 days on market compared to 88 days last year.

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

With SELL123.com's maximum 3% commission, sellers in MONMOUTH, IL 61462 save an estimated $2,780 compared to a typical 5% commission on the median listing price of $139,000. 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.