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LEWISTOWN, IL 61542

Real Estate Market Report
Balanced Market
September 2026  ·  Source: Realtor.com

Market Analysis

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

The LEWISTOWN, IL real estate market (61542) currently shows 12 active listings, with 3 pending sales. Homes are averaging 88 days on the market before going under contract.

Inventory has tightened compared to last year, with 7 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 88 days on market compared to 18 days last year.

The median listing price has fallen 27.6% year-over-year, from $122,500 to $88,700.

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Market Context

Market Context

Population: 3,407  ·  Density: 11.6/mi²  ·  Median household income: $67,292

Typical home value: $117,675  ·  Homeownership: 76.8%

Market Overview

Active Listings
12
⇩ 36.8% vs 19 last year
Pending
3
25% pending ratio
Median Price
$88,700
⇩ 27.6% vs $122,500 last year
Average Price
$130,092
⇩ 6.7% vs $139,386 last year
Days on Market
88
⇧ 388.9% vs 18 days last year

Price Per Square Foot

Median $/sqft
$96
⇧ 10.3% vs $87/sqft last year
Median Home Size
1,556 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 12 this year vs 19 last year
  • Days on market: 88 now vs 18 last year

Median & Average Pricing

Year over Year
  • Median: $88,700 (-27.6% YoY)
  • Average: $130,092 (-6.7% 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 24.6 miles — 51 listings ($9,217,652 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
61542Lewistown, IL 615420.0 mi15$2,591,490$160,625$172,766
61427Cuba, IL 614278.4 mi9$2,139,291$201,725$237,699
61441Ipava, IL 614419.0 mi1$52,000$52,000$52,000
61477Smithfield, IL 6147712.1 mi0$0$99,900$99,900
61501Astoria, IL 6150114.4 mi3$119,775$38,650$39,925
62617Bath, IL 6261716.5 mi1$69,900$69,900$69,900
61484Vermont, IL 6148417.3 mi1$65,000$65,000$65,000
62633Easton, IL 6263317.5 mi5$106,000$21,200$21,200
62624Browning, IL 6262419.7 mi2$1,199,800$599,900$599,900
61531Farmington, IL 6153121.2 mi7$1,703,786$113,000$243,398
62627Chandlerville, IL 6262722.8 mi1$341,000$341,000$341,000
61569Trivoli, IL 6156923.9 mi1$229,900$229,900$229,900
62664Mason City, IL 6266424.6 mi5$599,710$62,475$119,942

Frequently Asked Questions

How many homes are for sale in LEWISTOWN, IL 61542?

As of September 2026, there are 12 active listings in LEWISTOWN, IL (zip code 61542), compared to 19 the prior year.

What is the median home price in LEWISTOWN, IL 61542?

The median listing price in LEWISTOWN, IL 61542 is $88,700 as of September 2026, a 27.6% decrease from $122,500 the prior year.

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

Homes in LEWISTOWN, IL 61542 spend an average of 88 days on the market before going under contract, compared to 18 days the prior year.

Is it a seller's or buyer's market in LEWISTOWN, IL 61542?

Based on current inventory and days-on-market data as of September 2026, LEWISTOWN, IL 61542 is currently a Balanced Market. Inventory has tightened compared to last year, with 7 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 88 days on market compared to 18 days last year.

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

With SELL123.com's maximum 3% commission, sellers in LEWISTOWN, IL 61542 save an estimated $1,774 compared to a typical 5% commission on the median listing price of $88,700. 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.